Borrowing

Andy Cheung Unites Former Binance, OKX, Celsius, Betfair Veterans to Launch AI-Powered Prediction Market

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Time Stamp: April 11, 2024 9:25 AM - Modified On: April 11, 2024 - Published By:
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HONG KONG, Apr 11, 2024 - (ACN Newswire) - As the crypto world braces for the biggest bull run in history in advance of Bitcoin halving, PredicXion, an innovative financial platform sets to revolutionize the crypto market by integrating AI to navigate and capitalize on the information-rich landscape of 2024. Steering this venture is Andy Cheung, alongside a team with roots in industry giants such as OKX, Binance, Huobi, Celsius, and Betfair. With AI at its core, PredicXion is not merely a platform; it's a comprehensive ecosystem designed to cater

Andy Cheung Unites Former Binance, OKX, Celsius, Betfair Veterans to Launch AI-Powered Prediction Market

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Time Stamp: April 11, 2024 9:23 AM - Modified On: April 11, 2024 - Published By:
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Republished By Plato

HONG KONG, Apr 11, 2024 - (ACN Newswire) - As the crypto world braces for the biggest bull run in history in advance of Bitcoin halving, PredicXion, an innovative financial platform sets to revolutionize the crypto market by integrating AI to navigate and capitalize on the information-rich landscape of 2024. Steering this venture is Andy Cheung, alongside a team with roots in industry giants such as OKX, Binance, Huobi, Celsius, and Betfair. With AI at its core, PredicXion is not merely a platform; it's a comprehensive ecosystem designed to cater

Verofax facilitates Egyptian EU Export with CBAM Compliance and Lifecycle Assessment Solutions

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Time Stamp: February 15, 2024 11:49 AM - Modified On: February 15, 2024 - Published By:
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  Egyptian Businessmen's Association (EBA) convenes export symposium on February 9 CAIRO, Feb 15, 2024 - (ACN Newswire) - The Egyptian Businessmen's Association (EBA) convened a symposium on February 9, chaired by Engineer Majd al-Din al-Manzalawi, Secretary-General and Chairman of the Association’s Industry and Scientific Research Committee, to address the challenges and opportunities presented by the Carbon Border Adjustment Mechanism (CBAM), a law governing manufacturing standards for Egyptian exporters. [caption id="attachment_1947971" align="alignnone" width="780"] The Egyptian Businessmen's Association (EBA) convened to discuss the importance of technology in keeping factories compliant with export

InvoiceMate Partners with the DFINITY Foundation and Migrates from Hyperledger Fabric to The Internet Computer Blockchain

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Time Stamp: October 20, 2023 8:34 AM - Modified On: October 20, 2023 - Published By:
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  Zurich, Switzerland & Dubai, UAE. The DFINITY Foundation, a not-for-profit research and development organization based in Switzerland and a major contributor to the Internet Computer blockchain (ICP), has announced that it has partnered with InvoiceMate. InvoiceMate.tech will migrate from Hyperledger Fabric to the Internet Computer. The DFINITY Foundation will support InvoiceMate in this transition as it becomes an important part of the ICP ecosystem. InvoiceMate is a blockchain & AI-powered invoicing platform that acts as a bridge between SMEs and financing institutions. InvoiceMate leads to easier financial inclusion by

Paribus: Mainnet Ver.1 Live

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Time Stamp: March 28, 2023 4:19 PM - Modified On: March 28, 2023 - Published By:
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The creators of a brand new cross-chain decentralized borrowing and lending protocol are set to release their Mainnet v1 today, March 28th. The launch marks the first step in their journey to be the go-to borrowing and lending platform for NFTs. Initially, the protocol will offer wBTC, ETH, and USDT, however, engineers are currently working on integrating NFTs into the next iteration of the protocol. The unique approach Paribus takes toward these more exotic assets is to leverage artificial intelligence (AI) and machine learning (ML) systems to assess an accurate

Paribus. Every Step of the Way.

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Time Stamp: March 28, 2023 7:28 AM - Modified On: March 28, 2023 - Published By:
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In this simple step-by-step article, we’ll be guiding you through the basics of using our soon to be released mainnet. We’ve worked hard to ensure it’s as intuitive and user-friendly as possible and as time goes by we’ll continue to iterate and update it with improvements. Step 1 — Get a Wallet The first step in being able to interact with the Paribus Mainnet v1 is to ensure you’ve got a crypto wallet. Our recommended wallet is MetaMask. You can download the latest version here: https://metamask.io/ For an explanation about

Market Making in Decentralized Finance

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Time Stamp: January 30, 2023 11:18 AM - Modified On: January 30, 2023 - Published By:
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Defi market making is a burgeoning industry in the decentralized finance space. AMMs, aka Automated Market Makers, have become a staple of the decentralized exchange industry, and are an excellent means of facilitating the exchange of assets at a desired price. However, market makers must be cautious about the risks involved. Among other things, borrowing inventory from other participants is a major challenge. In addition, the market maker must be mindful of the risks posed by price fluctuations. If the market maker is uninformed, he may not be able to

The Price is Right

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Time Stamp: December 28, 2022 4:30 PM - Modified On: December 28, 2022 - Published By:
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This week we dig a little deeper into our rationale and the challenges we’ve faced in developing a new protocol. As we’ve seen this year, borrowing and lending in crypto can be a risky business which is why we’ve taken our time to thoroughly plan and think through the process. Two essential lessons everyone should have learned in 2022 are that leverage is bad and giving away control of your crypto is a recipe for disaster. To ensure neither of these situations occurs with Paribus we’ve followed the safest approach

The Final Stages

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Time Stamp: December 10, 2022 1:55 PM - Modified On: December 10, 2022 - Published By:
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When we set out on our journey to develop a new type of borrowing and lending platform we had no idea how many twists and turns lay ahead of us. To be sure, we understood the landscape of the crypto space and the technical and business issues involved in developing a project. But who would have predicted the incredible events we’ve seen in 2022? Even during the final month of the most eventful year in crypto, more surprises are revealed on a weekly basis. The latest twist is the allegation

Spool adds 3 yield-generators to its institutional-grade platform for radically simplified DeFi

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Time Stamp: November 23, 2022 6:32 AM - Modified On: November 23, 2022 - Published By:
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[vc_row][vc_column][vc_column_text]Institutions and investor communities on Spool can now further customize and diversify their DeFi investments through new strategy integrations from Notional, Frax, and Idle.[/vc_column_text][vc_images_carousel images="1760410,1760409,1760408,1760407,1760406,1760405,1760404" img_size="full"][vc_column_text]November, 2022— Spool, the DAO platform allowing users to build seamless DeFi products for institutions and investors of all backgrounds, adds 3 new yield generators to its strategy offering. Strategy additions from leading protocols including Frax, Idle, and Notional to the Smart Vault creation tool enable greater customization and choice for the Spool community to build diversified and robust yield portfolios. DeFi platforms can often find themselves creating complicated products

Going Native

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Time Stamp: September 21, 2022 5:18 AM - Modified On: September 21, 2022 - Published By:
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A question that comes up regularly is when Paribus will transition to Cardano. Although we’ve answered this many times we recognize that every week new people join our community so we thought we’d take the time to cover the fundamentals of this issue once more. The first question we are often asked is why Paribus is an Ethereum-based token and platform if we’re building for Cardano. The reason is that when we launched our PBX token one year ago it was very difficult to access developers who could write code

The Solution to Scalability

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Time Stamp: September 16, 2022 12:51 AM - Modified On: September 16, 2022 - Published By:
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The narrative which pervaded much of the last bull run centered around scalability issues as both Ethereum and Bitcoin experienced congestion as their popularity increased. The main problems were the speed and cost of transactions. Without addressing scalability, the concept of mass adoption was dead in the water for cryptocurrency. Solutions such as the development of the Lightning Network for Bitcoin helped its rollout as legal tender in El Salvador. For Ethereum, it was a combination of roll-ups, sidechains, and sharding that helped to maintain its growth. Whereas Bitcoin’s surge