Markets

Paribus: A Regulatory Squeeze.

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

TD VC is Launching a $100M Web3 ‘Special Situation’ Fund with $10M in GP Commitments

The TradeDog Group unveils the fund for investment in promising web3 initiatives in underperforming token markets with TDeFi being the fund’s strategic partner  Key Highlights: The $100M fund will invest in web3 initiatives with strong fundamentals and will be focused on the evolution of web3 TDeFi, who has recently partnered up with the DMCC and has large scale operations in the UAE will be the fund’s strategic partner and support with advisory services Rupesh Pednekar, a highly experienced strategic global business leader in tech and finance, will lead operations for

Paribus. After the storm.

If the global financial system is an ocean and the ships on it represent the different markets, crypto would be the equivalent of a small boat tossed around by the storms we’ve experienced this year. Whatever happens with the development of the technology it’s impossible to avoid the effects of global shifts as we saw last week with the Federal Reserve’s latest rate hike. Even though the news from the Fed was exactly what markets had anticipated and priced in, the response was turbulent which caused more moves to the

Regulators at the Ready

Just as bull markets have narratives, so do bear markets, and the overriding narrative of this year has been regulation. Time and again the media has conflated a lack of regulation in crypto with the failures we’ve seen. It’s easy for people to conclude that as soon as regulation comes to crypto, investors will have confidence and flood back into the market. If that was true you would expect to see the stock market flooded with liquidity, but tech stocks are experiencing similar conditions to crypto. Not only is there

GMEX Group Wins Best Development in FinTech of the Year For Institutional Digital Assets Network and Digital Custody Technology – Pyctor

London, 28 November 2022: GMEX Group (‘GMEX’), a leader in digital business and technology solutions for capital markets, is proud to announce that it has been awarded Best Development in FinTech of the Year by Crypto AM for its GMEX Pyctor institutional-grade digital assets technology. These coveted awards are judged by an independent, expert panel of industry leaders. GMEX competed with other finalists including Revolut to win. GMEX Pyctor (‘Pyctor’) was acquired earlier this year by GMEX after being successfully incubated in ING Neo’s innovation lab. It has been jointly

Go From Crypto Curious to Confident With Just One Book, Say Authors

As cryptocurrencies continue to dominate the news, more and more people are interested in hearing the ‘real deal’ from veteran insiders. However, many don’t know where to start, especially when experts are using unfamiliar terms like “altcoin,” “Web3,” and other jargon. Experienced investors in the crypto market want to level the playing field and pave the way for new investors. Such is the case for Mike Kimelman and Charlie Shrem, co-authors of the new book Mastering the Basics of Bitcoin and Crypto: Go from Crypto Curious to Crypto Confident With

Moonstake Strengthens Executive Board with Appointment of CMO Pietro Curto

SINGAPORE, Nov 15, 2022 - (ACN Newswire) - We are pleased to announce that we have strengthened our management with the appointment of CMO Pietro Curto. Pietro is a true veteran in digital marketing, with over 10 years of professional work in key areas such as acquisition, customer relationship management, digital strategies for retail customers, and operations. He also possesses deep expertise in regulated markets, having led FTSE listed companies such as Entain. With years of experience in such fast-paced international digital markets, Pietro was a perfect fit for the rapidly growing crypto market

Organized Chaos

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

Paribus Network Update

For the past few weeks our MVP has been live on the public testnet and just two weeks ago we launched our bug bounty program. Already we’ve had some amazing feedback which has helped us tweak the platform ahead of its mainnet launch. While everyone usually hates bear markets because of the devastation they inflict on portfolios, as a project the additional time and space they give has proved invaluable. Not only have we been able to continue our development in a robust, methodical way, we’ve also had the time

Too Big to Fail?

Several weeks ago we covered Credit Suisse in some of our articles about risk management and regulations. This week they’ve been in the news again for all the wrong reasons, which may have an impact on the crypto market. Once the darling of Wall Street, Credit Suisse is rapidly turning into its nemesis. Following several multi-million dollar fines, they’ve lurched from one scandal to another. In September 2021 the UK’s Financial Conduct Authority issued a statement saying, “The Financial Conduct Authority has fined Credit Suisse over £147 million for serious