Despite

Crypto Chaos

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Time Stamp: May 10, 2023 6:24 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

Paribus. Trust Less.

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Time Stamp: May 3, 2023 4:37 AM - Modified On: May 3, 2023 - Published By:
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One month ago, Jerome Powell, head of the Federal Reserve in the US, announced that the banking system was sound and robust despite the collapse of several large banks. After raising rates a further 0.25%, he said, “We’re committed to learning the lessons from this episode and to work to prevent events like this from happening again.” As we prepare for another potential 0.25% rate hike on May 3rd, another major bank in the US, First Republic Bank, has collapsed. Its collapse is part of a larger trend of consolidation

The AI Model to Combat Technology Biases in the Near Future

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Time Stamp: May 2, 2023 11:42 AM - Modified On: May 3, 2023 - Published By:
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Machines are incessantly getting smarter through the use of NLP, or natural language processing; however, there’s a flipside to that as well, where the convenience of AI-powered models, be they chatbots, virtual assistants, or content creation tools, cannot be ruled out altogether. Why should one feel that way? Well, most of the AI models have a biased approach to problem solving. However, with the help of TruthGPT, the future may offer some light on the capabilities of biased AI models, despite their ability to sow social discontent, promote cultural differences, and create

TruthGPT A Revolutionary Language Model Set to Change the Game

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Time Stamp: May 1, 2023 5:43 AM - Modified On: May 2, 2023 - Published By:
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In recent years, natural language processing (NLP) has become a buzzword in the world of technology. With the increasing demand for AI-powered chatbots, virtual assistants, and content creation tools, companies are investing heavily in developing more advanced NLP systems. However, with the help of TruthGPT, the future may offer some light on the capabilities of biased AI models, despite their ability to sow social discontent, promote cultural differences, and create barriers around a more friendly and inviting globalized civic society. The Fate So Far: The Rise of Artificial Intelligence Chatbots

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: No More Crypto

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Time Stamp: February 10, 2023 4:58 PM - Modified On: February 10, 2023 - Published By:
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Super Bowl Sunday This weekend will see the 57th annual Super-Bowl in the US exactly a year since the infamous Crypto-Bowl. Last year many said it was a blow-off top indicator and time has shown how right they were. For those that have hung on through the highs and lows of the past 12 months, the Crypto-Bowl seems like a distant memory. Despite all of the turmoils, upsets, and disasters crypto is still here and has weathered the storm well. Although most people’s portfolios are a fraction of what they

Paribus : Conflicting Narratives

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Time Stamp: January 17, 2023 1:58 PM - Modified On: January 17, 2023 - Published By:
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If the past year has taught us anything it’s that no one has a crystal ball when it comes to predicting future moves in the crypto market. Macroeconomic factors and black swan events have time and again overpowered technical analysis. This week China will celebrate the Lunar New Year and move from the year of the Tiger into the year of the Rabbit. Already there are several confusing and sometimes conflicting narratives as to what the coming year will bring. Many commentators are expecting 2023 to be beset by continued

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

Is the Future Digital?

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Time Stamp: December 8, 2022 4:16 AM - Modified On: December 8, 2022 - Published By:
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These days you can’t scroll through YouTube without encountering videos foretelling the end of crypto and the collapse of the global financial system. The clickbait culture that invaded traditional journalism has now spread to citizen journalism too, but how realistic are all of these dramatic claims? Fear, uncertainty, and doubt (FUD) pervade the mainstream media. So much so that even people with little knowledge of the technology claim it’s all going to zero. If you’re looking for bottom signals this is the equivalent of everyone FOMOing in at the top.

Organized Chaos

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Time Stamp: November 5, 2022 11:01 AM - Modified On: November 5, 2022 - Published By:
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This week saw another round of interest rates hikes by central banks to try and control inflation. With all the talk of a potential pivot in monetary policy, interest rates continued their parabolic rise by 75 basis points in the UK, and the US. Initially the Federal Reserve’s announcement of a 0.75% interest rate increase caused markets to jump because this was the rise they’d been expecting and had already priced in. However, in the subsequent press conference the tone was more hawkish which caused the markets to drop a