believed

From Dominance to Compliance

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Time Stamp: December 3, 2023 1:04 PM - Modified On: December 3, 2023 - Published By:
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Republished By Plato

Last Tuesday saw Binance settle its long-running legal disputes with several U.S. government agencies, including the Department of Justice (DoJ), the Department of the Treasury’s Financial Crimes Enforcement Network (FinCEN), the Office of Foreign Assets Control (OFAC), and the U.S. Commodity Futures Trading Commission (CFTC). However, they failed to reach an agreement with the Securities and Exchange Commission (SEC) regarding their pending charges. As part of the settlement, Binance has agreed to pay an eye-popping fine of $4.3 billion. Furthermore, Changpeng Zhao (CZ), the CEO of Binance, will step down

Drawing Parallels

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Time Stamp: October 26, 2022 5:39 AM - Modified On: October 26, 2022 - Published By:
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For many people in crypto, the way that regulators are approaching the industry is unique and can at times seem unnecessarily adversarial. For those with prior experience in nascent industries, it bears remarkable similarities to how other technologies have seen regulations imposed on them. For many people in crypto, the way that regulators are approaching the industry is unique and can at times seem unnecessarily adversarial. For those with prior experience in nascent industries, it bears remarkable similarities to how other technologies have seen regulations imposed on them. Five years

Bugging Out

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Time Stamp: October 15, 2022 3:40 AM - Modified On: October 15, 2022 - Published By:
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We’re pleased to announce that from today, October 13th 2022, Paribus will be launching our bug bounty program on ImmuneFi. The program will apply to our MVP even while it’s on the public testnet and should help to provide additional confidence when we’re ready to launch on the mainnet. Bug bounty programs are a crucial aspect of the ongoing maintenance and security of DeFi protocols. There are two main types of program, formal and informal. An example of an informal bug bounty program is the identification of several security vulnerabilities