Cross-Chain

Coinweb has closed $2M fundraising round from Sava Investment Management

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Time Stamp: April 3, 2023 12:57 PM - Modified On: April 3, 2023 - Published By:
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Coinweb, a layer two cross-chain computation platform, has been in development since 2017. Some of the founders, early contributors, and previous team members who are no longer actively involved in the project have agreed to sell their holdings. Hong Kong, 5th April 2023 -SAVA Investment Management, a licensed fund manager registered in the Cayman Islands and British Virgin Islands, has partnered with Coinweb to buy back 6% of the total supply of CWEB tokens. Johan Ditz Lemche, Managing Director of SAVA Investment Management, said “We are delighted to support and

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

The Four Quadrants of MEV Protection

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Time Stamp: November 22, 2022 11:55 AM - Modified On: November 22, 2022 - Published By:
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Understanding the MEV Solution Landscape Like many other crypto narratives, the dark side of blockchain was first introduced on Reddit in a post titled “Miners Frontrunning.” In the now historical post, the author outlines how given the Ethereum mempool is inherently public, miners can frontrun transactions and profit on the ultimately arbitraged difference in that transaction. However, this isn’t an entirely new phenomenon in finance. The 2014 book, Flash Boys: A Wall Street Revolt by Michael Lewis investigates frontrunning orders in high-frequency trading. The paper Flash Boys 2.0, published in 2019, takes these observations into

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

Paribus Twitter Town Hall Sept 15th, 2022

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Time Stamp: September 14, 2022 2:39 PM - Modified On: September 14, 2022 - Published By:
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Paribus, a DeFi borrowing and lending platform, has recently announced a Twitter Space “Town Hall Event” set to take place Thursday September 15th at 5:00 PM UTC. These important events connect the project founders to the community in an open style communication session. These virtual gatherings take place only 1 to 2 times per month. The general format starts with an overview of Paribus’s recent accomplishments and is then followed by informative announcements. These announcements have regularly been sneak peeks or insight into future plans before public announcements are made.

Top 10 Web3 and Blockchain Infrastructure startups to observe in 2022

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Time Stamp: September 8, 2022 6:43 AM - Modified On: September 8, 2022 - Published By:
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Since the crypto market switched from bull to bear trend in 2022, many active crypto VC investors slowed down investment activities and took a step back to adjust the risks and re-consider investment focus. And many of them, even those who invested in gamefi startups during play-to-earn hype, started looking precisely at more solid tech projects, specifically blockchain and web3 infrastructure projects. What is web3 and blockchain infrastructure about? By web3 infrastructure startups, we mean the enabling technologies, tools and solutions that developers need to build and operate decentralized applications

Mainnet Update

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Time Stamp: September 2, 2022 1:30 PM - Modified On: September 2, 2022 - Published By:
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One of the silver linings, indeed perhaps the only silver lining, from the bear market disasters of the past few months has been the opportunity it afforded the Paribus development team to deploy our MVP via testnet. Even this however wasn’t free from challenges, so in this article, we dive a little deeper into what the next few weeks and months hold for Paribus. Our primary focus is to be able to transition from the testnet to the mainnet, but at the same time, we’ve also been limited by some

A DeFi Drought Crisis

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Time Stamp: August 30, 2022 3:37 PM - Modified On: August 30, 2022 - Published By:
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Just when we thought it was safe to breathe a sigh of relief from all the crypto liquidity contagion, another one started to appear last week with BendDAO, an NFT borrowing, and lending platform. Due to structural faults in the way the protocol had been created there came a point when it was perched on the brink of insolvency. What we’ve witnessed over the past few months has been a clash between the overconfidence of some project founders and the realities of the emerging crypto market. It’s an unusual dynamic

Paribus (PBX) Announces Multichain Integration and Partnership

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Time Stamp: August 25, 2022 5:03 AM - Modified On: August 25, 2022 - Published By:
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Miami August 2022. As our regular readers know we’ve been using the extra time our testnet deployment afforded us to equip Paribus with the optimal conditions for our mainnet launch. As part of that process, we’re absolutely thrilled to share with the community that we’ve partnered with Multichain so that our PBX token can now be bridged to Arbitrum, Milkomeda, and Polygon. Cross-chain interoperability has always been at the heart of everything we hope to achieve and it’s incredible that we’ve already reached this milestone. Development teams from both Paribus

Paribus Announces New Development Updates NFT Modules Completed for Crypto Punks & Bored Ape Yacht Club

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Time Stamp: August 17, 2022 4:16 AM - Modified On: August 17, 2022 - Published By:
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Miami August 2022. Paribus, a cross-chain borrowing and lending protocol for NFTs, announced today multiple development updates regarding their protocol and ecosystem. The protocol built for Cardano, delivers alternative liquidity options for NFTs, synthetics and other digital Assets. The NFT module screens have been completed for CryptoPunks and the Bored Ape Yacht Club with more integrations scheduled to be released in the coming weeks. Frontend As well as a search bar integration, a user now has the ability to pull NFT metadata on demand. Aside from the NFT module work

Paribus: DeFi Protocol for Exotic Digital Assets

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Time Stamp: August 8, 2022 4:12 PM - Modified On: August 8, 2022 - Published By:
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DeFi protocol Paribus announces the launch of their testnet MVP, the beginning of a new approach to DeFi. Secure, trustless, and truly decentralized, Paribus users will be able to borrow against previously illiquid digital assets such as NFTs. Put simply, Paribus is a cross-chain, DeFi borrowing and lending protocol. With the unique selling point of allowing exotic assets like NFTs, LP tokens, virtual lands and synthetics to be used as collateral for loans. The platform will also utilize standard crypto assets. Being cross-chain, Paribus will be on multiple chains but