FTX

Blueberry Protocol Launches High-Leverage DeFi Hub Optimized For Liquidity Access and Risk Control

[PANAMA CITY, PANAMA] January 23, 2024 – Blueberry Protocol today announces the launch of its decentralized prime brokerage terminal, delivering industry-leading Loan-to-Value (LTV) ratios of up to 20x for optimized on-chain trading and yield strategies. Blueberry is the first protocol to enable decentralized access to generalized leverage models with leverage on Ethereum and offers an increasing value opportunity with more sophisticated security management and higher leverage than traditional prime brokerage. By merging innovative and transparent risk management instruments with an advanced leverage architecture, Blueberry aims to broaden accessibility, increase efficiency,

From Dominance to Compliance

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

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

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

Vegas Crypto Group announce the Crypto Mindset Reset Virtual Summit Happening Online April 18th and 19th 2023

Las Vegas, NV, USA, 18 February 2023 - The Crypto Mindset Reset Virtual Summit is set to take place online on April 18th and 19th 2023, designed to educate attendees about the future of Bitcoin and cryptocurrency; how it integrates with Web3 and provide them with the tools and resources they need to navigate the crypto market successfully in a post FTX world. The summit will feature keynote speakers, panel discussions, interactive workshops, and exhibition areas where attendees can learn about new investment opportunities and network with industry professionals. The

FTX Trading Bankruptcy: Protecting Your Company’s Interests.

Zuber Lawler is representing entities who received investments from Alameda Research and FTX Ventures. Alameda Research and several other FTX-related entities have filed bankruptcy proceedings in Delaware. These multiple filings are all being administered under one matter, In re FTX Trading, USBC Case No. 22-11068. Most first and second day motions have been heard and either have been granted or are currently pending. Things are moving forward. On January 18, 2023, FTX debtors moved for an order authorizing and approving procedures for a sale or transfer of what they have

Paribus. The Hidden Utility.

Despite all the diligence, and dedication of project founders and development teams working day and night in crypto bad actors continuously steal the limelight. It only takes one flaw to lose hundreds of millions of dollars and with such high stakes, no one can afford to be reckless with security. It’s the hidden utility within all of the protocols and websites we interact with on a daily basis. Whether it’s in Web2 or Web3 security is an essential element that we usually only pay attention to when it’s too late.

Paribus: Climbing Every Mountain.

Less than a year ago in a small town in Switzerland, there was hope and optimism that crypto was finally breaking into the global financial system and a bright future awaited. That small town is Davos, home to the annual meeting of the World Economic Forum (WEF). This year the mood is far less optimistic as the ongoing FTX saga continues to cast its long shadows across the conference. Crypto is still represented along the Promenade, the road outside the main convention center, however this time it’s more heavily focused

Paribus: Learning to Trust Yourself.

The idea of self-custody is as old as the hills. Whether it’s stuffing bank notes under a mattress or keeping gold bullion in a safe, it’s always given people equal amounts of fear and freedom. It’s only now though, with cryptocurrencies, that people can have secure and portable self-custody of their assets. Self-custody is as integral to the ethos of crypto as decentralization and peer-to-peer transactions. These concepts give blockchain technology the ability to create a new kind of asset ownership that has never existed before. As Deniz, our CEO

Reasons for Regulation

There are multiple reasons cited for increased regulation in crypto, the most common of which are investor protection, institutional adoption, and safety. While regulations can be seen as a good thing in general for the space they’re by no means a universal panacea. Examining what central banks want regulation to look like gives a clearer indication of who benefits most from them. In December Sir Jon Cunliffe, Deputy Governor of the Bank of England said, “We would need to regulate to ensure that we get the same level of protection,

Paribus: Price & Value Explained

Price and Value Warren Buffet famously said, “Price is what you pay, value is what you get.” When developing a new type of borrowing and lending platform one of the most complex aspects is understanding how to weigh both price and value. With fungible tokens such as Bitcoin and Ethereum assessing their value is relatively simple and straightforward. A protocol can take live data from a variety of market makers and adjust collateral values based on price and liquidity. However, when it comes to non-fungible tokens (NFTs) this gets much

Regulators at the Ready

Just as bull markets have narratives, so do bear markets, and the overriding narrative of this year has been regulation. Time and again the media has conflated a lack of regulation in crypto with the failures we’ve seen. It’s easy for people to conclude that as soon as regulation comes to crypto, investors will have confidence and flood back into the market. If that was true you would expect to see the stock market flooded with liquidity, but tech stocks are experiencing similar conditions to crypto. Not only is there

The Final Stages

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