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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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Republished By Plato

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

Beyond the Dollar

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Time Stamp: April 27, 2023 6:36 AM - Modified On: April 27, 2023 - Published By:
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The global economy is at a crossroads with the US dollar’s future as the world reserve currency facing fresh challenges. For decades, the stability and dominance of the dollar have given the United States significant advantages in global trade, investment, and geopolitical influence. However, as emerging economies like China and India rise in prominence, their currencies are gaining traction in international transactions, challenging the dollar’s hegemony. China, in particular, has been busy over the past few months, actively promoting the Yuan and seeking to challenge US dominance in the global

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. The Fragility of Finance.

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Time Stamp: March 25, 2023 7:31 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. A Glimmer of Hope.

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Time Stamp: March 14, 2023 8:05 AM - Modified On: March 14, 2023 - Published By:
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Republished By Plato

Following on from last week’s drama, this week sees more uncertainty in the banking, tech, and crypto sectors. While the US has been pushing a hardline policy of monetary tightening it now looks like the global financial system and tech sectors are on the brink of breaking which has caught Jerome Powell off guard. A hawkish Fed has been pushing interest rates higher, recently claiming they still had headroom to push harder and for longer than before due to the buoyant labor market. Fast forward a few days and two

Paribus Video Overview

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Time Stamp: January 12, 2023 2:31 PM - Modified On: January 12, 2023 - Published By:
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Paribus Outlook: Why is Decentralization Important? 🌐 New Paribus Video! 🎦 In our mini educational series, we provide a synopsis of the underlying topic and explain how Paribus will play a key role in the future of the blockchain space. Link to our YouTube channel: https://youtube.com/@Paribus_Crypto https://www.youtube.com/watch?v=U3eexTDyiKk Join Paribus- Website | Twitter | Telegram | Medium | Discord SEO Powered Content & PR Distribution. Get Amplified Today. Platoblockchain. Web3 Metaverse Intelligence. Knowledge Amplified. Access Here. Source: Plato Data Intelligence: Platodata.ai

Paribus Outlook: Why is Interoperability the Future of Blockchain? 🌐

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Time Stamp: December 9, 2022 2:40 AM - Modified On: December 9, 2022 - Published By:
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New Paribus Video! 🎦 In our mini educational series, we provide a synopsis of the underlying topic and explain how Paribus will play a key role in the future of the blockchain space 🦾 Link to our YouTube channel: 👉https://youtube.com/@Paribus_Crypto Join Paribus- Website | Twitter | Telegram | Medium | Discord SEO Powered Content & PR Distribution. Get Amplified Today. Platoblockchain. Web3 Metaverse Intelligence. Knowledge Amplified. Access Here. Source: Plato Data Intelligence: Platodata.ai

Claim you $100k/year as Metaverse Ambassador, on Metabook

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Time Stamp: July 15, 2022 9:08 AM - Modified On: July 15, 2022 - Published By:
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There is a huge skills gap on Metaverse market, Metabook – Plato DAO is to fill in collaboration with Meta Alliance. In 6 months of this year, according to McKinsey, $120B were invested in Metaverse market. Much more than in the first 6 year of the Internet! But the number of skilled specialists is stagnating. It means, each of them could increase the level of revenues. To fill in this gap and to serve thousands of big brands in need of metamarketing and guarantees of web3 development, Metabook – Plato

Star Teen Filipino Race Driver Bianca Bustamante Unveils NFT Project to Achieve her F1 Dream

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Time Stamp: May 12, 2022 11:11 AM - Modified On: May 12, 2022 - Published By:
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Launches groundbreaking project, "The Dark Horse" NFT Access Pass, to support basic living and training costsInclusive community offers fans unprecedented insight into her journey up the global racing ladderHer NFT Access Pass includes behind-the-scenes content; additional drops and airdrops; plus future prize pools planned MANILA, May 12, 2022 - (ACN Newswire) - Bianca Bustamante, a 17 year-old rising motorsport star from the Philippines, announced that she is launching a groundbreaking project, The Dark Horse - an NFT Access Pass that redefines the career progression of young athletes by embracing technology,