Markets

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

Dubai Fintech Summit Welcomes Crypto Oasis as Web3 Ecosystem Partner

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Time Stamp: May 4, 2023 7:49 AM - Modified On: May 4, 2023 - Published By:
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4th May 2023, Dubai, UAE: Dubai Fintech Summit is proud to announce its partnership with Crypto Oasis as the official Web3 Ecosystem partner for the upcoming summit, which will take place on 8th and 9th May 2023. The Crypto Oasis is a MENA focused Blockchain Ecosystem headquartered in Dubai, UAE. The core elements needed for its growth are Talent, Capital, and Infrastructure. The Ecosystems stakeholders include Investors & Collectors, Start-Ups & Projects, Corporates, Science & Research Institutions, Service Providers and Government Entities & Associations. Crypto Oasis’ vision is to be

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

Revolutionizing Green Finance PreIPO.com Unveils Cutting-Edge Fintech Tools at Pro Panama’s Inaugural Sustainable Investment Summit

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Time Stamp: May 2, 2023 12:01 PM - Modified On: May 2, 2023 - Published By:
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PANAMA CITY, PANAMA.  Leading global fintech brand PreIPO® has successfully participated in the First Sustainable Investment Forum of Panama, organized by PROPANAMA and held earlier this month at the Panama Convention Center in Amador, which is the biggest convention center in Central America. The disruptive private equity platform joined the event to demonstrate its innovative approach to optimizing distribution, maximizing liquidity, and democratizing the capital formation process for issuers, intermediaries, and investors. We are excited to explore the investment opportunities in Panama's thriving economy and contribute to its sustainable development through

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

Paribus. Seeking a Safe Haven.

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Time Stamp: April 5, 2023 5:55 AM - Modified On: April 5, 2023 - Published By:
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In recent weeks, there have been systemic failures in the global financial system, particularly in the banking sector, causing people to question the legitimacy of information provided by regulators. Despite repeated assurances of robustness and security, people continued to withdraw their money from banks and invest in assets they could hold. Many of our community are familiar with the idea of “not your keys, not your crypto” after the failure of several protocols and investment funds. Just as these failures caused people to withdraw their crypto from exchanges and opt

Paribus: Next Steps

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Time Stamp: March 31, 2023 4:22 PM - Modified On: March 31, 2023 - Published By:
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Now that our Mainnet V1 is live some people may be thinking that it’s time for the team to put their feet up and enjoy a well earned rest. They couldn’t be further from the truth. Rather than this huge milestone signifying the end, it marks the beginning of our main work. Over the coming weeks we’ll be continuing our marketing and development at pace. As we progress we’ll be sharing more details of the next features and iterations we’ll be adding to the protocol. When we launched on mainnet

Paribus. The Fragility of Finance.

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Time Stamp: March 25, 2023 7:29 AM - Modified On: March 25, 2023 - Published By:
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Despite a lot of turbulence in the markets this week the Federal Open Market Committee (FOMC) did exactly what was predicted. Jerome Powell carefully adjusted his language and reframed the narrative around his 25 basis point rate hike to try and calm the markets he had helped to damage. His forward guidance was only to expect further rate increases if inflation spirals out of control. He avoided taking any responsibility for the recent bank failures, claiming instead that the sector was stable and robust. In reality, the global financial system

Paribus: Measure Twice, Cut Once.

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Time Stamp: February 25, 2023 1:21 AM - Modified On: February 25, 2023 - Published By:
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Measure Twice, Cut Once It was with a heavy heart that we decided this week to reschedule our MVP launch to early March. It wasn’t a decision we took lightly, knowing full well that it would cause ripples of disappointment throughout our community. As many people know we’ve been working closely with auditors at Hacken to ensure that the MVP is as secure as possible. Our decision to reschedule the launch is to allow the team at Hacken to work directly with our developers next week. Chris, our security advisor

Paribus: A Regulatory Squeeze.

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Time Stamp: February 15, 2023 3:25 AM - Modified On: February 15, 2023 - Published By:
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A Regulatory Squeeze A common narrative you hear in crypto is that regulatory clarity will cause institutional investors to flood into the space. It’s often cited as the trigger for the next bull run. However, each time news of regulations hits the headlines markets plummet, and last week’s settlement between the SEC and Kraken was no exception. While it’s true that forward-thinking regulations will help to remove a lot of uncertainty from the space, it’s doubtful it will cause the next bull run. As we’ve seen from the present market