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Stablecoins Under Scrutiny

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Time Stamp: July 1, 2023 9:37 AM - Modified On: July 1, 2023 - Published By:
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Amidst the market’s recovery from the recent onslaught of SEC crackdowns, rumors swirl over the potential targeting of stablecoins in their crosshairs. Such a move could have profound implications for cryptocurrency prices, making it crucial to gauge the likelihood of this scenario and the approach regulators might adopt. The largest stablecoins by market cap are Tether’s USDT and Circle’s USDC. Both are pegged to the US dollar and backed by various assets, typically highly liquid instruments like US Treasury bills. In theory, when someone wants to buy stablecoins from an

Erez Capital Announces the Addition of 40 Venture Partners and $10M Commitment

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Time Stamp: June 22, 2023 10:00 AM - Modified On: June 22, 2023 - Published By:
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FOR IMMEDIATE RELEASE June 22, 2023 Press Contact: Noah Ente Associate Erez Capital noah@erezcapital.io  Boston, June 23, 2023 - Erez Capital, a emerging venture capital fund investing in disruptive technologies, is thrilled to announce its addition of 40 Venture Partners to join the fund. These new partners will play an important role in the quickly developing artificial intelligence ecosystem - specifically in the proptech, medtech and fintech sectors. “This is an exciting new chapter for Erez Capital, creating a new collaborative model to drive rapid acceleration and growth for pre-seed

Paribus Vision

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Time Stamp: May 27, 2023 11:54 AM - Modified On: May 27, 2023 - Published By:
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For those who missed our announcements on social media, we are thrilled to share the exciting news that our Mainnet v1 will be relaunched on May 31st! The past few weeks have been demanding and challenging, but we couldn’t be happier with our progress. At Paribus, we have always emphasized the importance of security. While we were shocked and saddened by the exploitation of a loophole in our code, we firmly believe in finding the silver lining in every cloud. The steps we’ve taken following this unfortunate incident have made

CoinDesk’s Consensus 2023 Draws 15,000 Attendees from Around the Globe to Austin, Texas

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Time Stamp: May 10, 2023 12:35 PM - Modified On: May 10, 2023 - Published By:
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AUSTIN, Texas, May 10, 2023 — CoinDesk's annual event, Consensus 2023, concluded on April 28th, bringing together a diverse group of 15,000 attendees, including developers, investors, policymakers, and major brands, to tackle the most pressing challenges facing crypto and Web3 today. CoinDesk is celebrating its 10th anniversary this year and the 9th year of Consensus. As the world's largest and most influential gathering of the crypto, blockchain, and Web3 communities, Consensus 2023 was a call to action to collaborate, innovate and find solutions to drive the industry forward. “Amid a

Crypto Chaos

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Time Stamp: May 10, 2023 6:27 AM - Modified On: May 10, 2023 - Published By:
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Despite the second-largest bank failure in US history, the Federal Reserve continued its interest rate hike strategy last week. This caused markets to react by pricing in continued monetary tightening, pushing back their expectations of rate decreases to 2024. Some have perceived this move as necessary to combat inflation, even if it comes at the cost of breaking the banking sector. Unfortunately, this sober outlook suggests that the rest of the year may be marked by more sideways action in the markets rather than a steady recovery. Meanwhile, in the

GMEX Group launches ZERO13 digital carbon credits aggregation ecosystem

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Time Stamp: May 4, 2023 5:59 AM - Modified On: May 4, 2023 - Published By:
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Partners with Verdana Eco-Consortium, Alléo Energy and Pay DIRT London., May. 4, 2023 -- GMEX Group Limited (“GMEX”), a leader in digital business and technology solutions for capital, commodities and sustainability markets, announces the launch of ZERO13, a climate fintech. ZERO13 provides an automated AI and multi-blockchain driven aggregation ecosystem delivering trusted supply, digital issuance, trading, clearing and settlement for a broad range of carbon credits and related ESG real-world assets. ZERO13 digitally interconnects multiple stakeholders, including registries, banks, custodians, asset managers, corporates, buyers and sellers, markets, exchanges, climate tech

Paribus. Trust Less.

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Time Stamp: May 3, 2023 4:36 AM - Modified On: May 3, 2023 - Published By:
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One month ago, Jerome Powell, head of the Federal Reserve in the US, announced that the banking system was sound and robust despite the collapse of several large banks. After raising rates a further 0.25%, he said, “We’re committed to learning the lessons from this episode and to work to prevent events like this from happening again.” As we prepare for another potential 0.25% rate hike on May 3rd, another major bank in the US, First Republic Bank, has collapsed. Its collapse is part of a larger trend of consolidation

Beyond the Dollar

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Time Stamp: April 27, 2023 6:35 AM - Modified On: April 27, 2023 - Published By:
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The global economy is at a crossroads with the US dollar’s future as the world reserve currency facing fresh challenges. For decades, the stability and dominance of the dollar have given the United States significant advantages in global trade, investment, and geopolitical influence. However, as emerging economies like China and India rise in prominence, their currencies are gaining traction in international transactions, challenging the dollar’s hegemony. China, in particular, has been busy over the past few months, actively promoting the Yuan and seeking to challenge US dominance in the global

International Government Leaders Talk Crypto & Digital Assets in Washington

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Time Stamp: April 26, 2023 5:42 AM - Modified On: April 26, 2023 - Published By:
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Washington, DC – The Government Blockchain Association (GBA) is set to host an event that will bring together government leaders to discuss the radical changes in money, cryptocurrency, banks, and central bank digital currencies (CBDCs). The conference, titled "The Future of Money, Governance, and the Law," will include law makers, regulators, innovators, and business leaders who are shaping the financial system. "The Future of Money, Governance, and the Law will bring together government leaders during this decisive time to examine changes in money and the laws governing it. We are

Blockpass heralds Consensus 2023 with the most affordable, built-for-crypto ZK KYC

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Time Stamp: April 25, 2023 5:32 AM - Modified On: April 25, 2023 - Published By:
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HONG KONG, Apr 25, 2023 - (ACN Newswire) - Blockpass is excited to reveal that it is sponsoring and attending the Consensus event in Austin, Texas this week, from the 26th to the 28th of April. One of Blockpass' founders, Hans Lombardo, will be available to meet prospective customers and investors as well as press representatives at the event. In addition, Blockpass is offering a temporary discount on its services, with its subscription plans at 50% off their monthly minimum and accompanied by a free 7-day trial. To claim this discount, customers need to

GBA Business Confidence Index increment on record high

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Time Stamp: April 17, 2023 7:25 AM - Modified On: April 17, 2023 - Published By:
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Resumption of normal travel boosts business confidence HONG KONG, Apr 17, 2023 - (ACN Newswire) - Standard Chartered and the Hong Kong Trade Development Council (HKTDC) today released the GBA Business Confidence Index (GBAI) for the first quarter of 2023. The current performance for "business confidence" jumped 11.8 points to 51.3, which was also the first above-50 print since the fourth quarter of 2021. The expectations index leapt to 61.5, the 16.4 points jump was the biggest on record since GABI was launched in the second quarter of 2020. The