lending

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.

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

TrueFi powers WOO X’s institutional services through decentralized loans to verified clients

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Time Stamp: July 11, 2022 3:15 PM - Modified On: July 11, 2022 - Published By:
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[vc_row][vc_column][vc_column_text] The DeFi credit protocol launches its first non-stablecoin portfolio, with loans managed by WOO X [/vc_column_text][vc_images_carousel images="1572653,1572652,1572651,1572650" img_size="full" onclick="link_no" autoplay="yes" wrap="yes"][vc_column_text]San Francisco, California, July 2022 — TrustToken, the core team responsible for building the leading unsecured lending protocol TrueFi unveils its collaboration with WOO X, a zero-fee digital asset trading platform incubated by Kronos Research, the leading digital asset quant company and market maker. WOO X will use TrueFi to support its institutional services by issuing loans to its clients through the protocol. The amount of value locked into

Assessing 1INCH’s prospects for growth over December

Source Node: https://ambcrypto.com/assessing-1inchs-prospects-for-growth-over-december/
Time Stamp: December 2, 2021 6:30 PM - Modified On: December 2, 2021 - Published By:
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1INCH has seen its own share of ups over the past few weeks. During the initial half of October, this coin rallied from under $2 to $4.5. It briefly consolidated after that for a week and then registered a mammoth green candle on its chart on 27 October. That very day 1INCH was briefly seen exchanging hands around the $7.7 threshold. The next couple of weeks that followed saw this alt shrink in value. At the time of this analysis, 1INCH was trading 56% lower than its aforementioned local high.

Those ‘hiding behind anonymity of crypto transactions’ will be accountable, SEC warns

Source Node: https://ambcrypto.com/those-hiding-behind-anonymity-of-crypto-transactions-will-be-accountable-sec-warns/
Time Stamp: November 19, 2021 3:30 PM - Modified On: November 19, 2021 - Published By:
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Individuals who hide behind the anonymity of cryptocurrency transactions to defraud investors should expect that the SEC will trace their illegal activity and hold them accountable for their actions The Securities and Exchange Commission (SEC) has charged a California-based promoter for alleged Bitcoin-related fraud, the regulator announced on 18 November, 2021. The promoter, Ryan Ginster has been held for, “…conducting two unregistered and fraudulent securities offerings that raised over $3.6 million in cryptocurrency from retail investors.” The complaint filed, charges the Promoter with violating: 👉 antifraud and registration provisions of

NFT-Collateralizing South African Startup Raises $5 Million in Latest Seed Round

Source Node: https://news.bitcoin.com/nft-collateralizing-south-african-startup-raises-5-million-in-latest-seed-round/
Time Stamp: November 19, 2021 7:30 AM - Modified On: November 19, 2021 - Published By:
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A South African startup, NFTfi, is reported to have recently raised $5 million which the company intends to use for boosting its business of collateralizing non-fungible tokens (NFTs). Cryptocurrency Loan Marketplace According to a Techcrunch report, NFTfi’s $5 million capital raise was led by U.S. actor Ashton Kutcher’s Sound Ventures. The other investors that participated in the funding round include Maven 11, Scalar Capital, and Kleiner Perkins. The company, which was founded by Stephen Young in February 2020, already acts as a marketplace where users can get a cryptocurrency loan

ODIN boards Cardano and cooperates with OKEx

Source Node: https://ambcrypto.com/odin-boards-cardano-and-cooperates-with-okex/
Time Stamp: November 18, 2021 5:00 AM - Modified On: November 18, 2021 - Published By:
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Odin is a platform with a variety of features that will appeal to a wide range of traders. New traders will enjoy learning and acquiring expertise from more experienced traders; algorithmic traders will have a chance to host their bots that are easy to develop without coding requirements. Odin will also provide other capabilities that will include targeting a specific audience, monetizing content, copy trading, personal landing pages, and much more. Partnerships Brewing With Cardano & OKEx Odin has been busy lately forging partnerships with strategic significance to the project

Valkyrie to unveil $100 million DeFi fund next week

Source Node: https://bitcoinerx.com/blockchain/valkyrie-to-unveil-100-million-defi-fund-next-week/
Time Stamp: November 18, 2021 4:25 AM - Modified On: November 18, 2021 - Published By:
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Valkyrie Investments has announced the establishment of a $100 million decentralized finance fund aimed at institutional investors.  The fund will provide exposure to the fast-growing sector of decentralized finance, popularly known in the crypto community as DeFi. It is expected that the “On-Chain DeFi fund,” which will go live on November 22, would invest in approximately a dozen protocols dispersed across 13 blockchains. Accredited investors in the United States and abroad will be allowed to participate in the fund. More info on Valkyrie’s DeFi hedge fund According to Wes Cowan,