Rates

Understanding Currency Pairs and Exchange Rates

In a world defined by financial transactions, understanding the mechanics of exchange rates becomes crucially necessary. At the heart of these exchange rates are currency pairs, which form the cornerstones of the global forex trading system. What is a Currency Pair? A currency pair essentially involves two currencies. Without two currencies, we simply don't have enough information to establish an exchange rate. When you think about it, the exchange rate is nothing but a reflection of the price of one currency in terms of another. Each currency pair involves a

BANTgo and Verofax Team Up to Revolutionize E-waste Collection Through Tokenized Rewards

DUBAI, Oct 24, 2023 - (ACN Newswire) - In an ambitious stride towards environmental sustainability, BANTgo and Verofax have announced a pioneering collaboration to enhance e-waste collection. The groundbreaking partnership seeks to galvanize the masses into responsible recycling by rewarding their endeavors with tokenized incentives. Verofax, was awarded the GITEX Supernova Web3 and Blockchain award, introduces its innovative technology to this eco-initiative. The venture encompasses the deployment of advanced smart bins explicitly designed for e-waste collection. These bins are equipped with a validation system to ensure accurate assessment of the

Gain Therapeutics Achieves Remarkable Breakthrough in Parkinson’s Disease Research

Gain Therapeutics, Inc. (Nasdaq: GANX), a pioneering biotechnology company specializing in innovative allosteric small molecule therapies, has made significant strides in the fight against Parkinson's disease (PD). The Company's lead drug candidate, GT-02287, has demonstrated extraordinary potential in mitigating the effects of Parkinson's disease across two distinct preclinical models of the ailment. These findings suggest that GT-02287 has the capacity to alleviate Parkinson's disease pathology and enhance motor function. A notable highlight is the substantial reduction of plasma Neurofilament Light Chain (NfL) levels, an emerging biomarker for neurodegeneration. This advancement

Prontoblock and Mercantile Bank International Partner to Modernize the $1.25 Trillion Commercial Paper Market Through Tokenization

New York, August 10, 2023 – Prontoblock, a leading digital asset fintech company, is pleased to announce its strategic partnership with Mercantile Bank International (MBI). This partnership aims to revolutionize the commercial paper market through the tokenization of these financial instruments. This partnership will empower MBI clientele to engage in the purchase and issuance of tokenized commercial paper using Prontoblock’s cutting-edge digital assets platform. Prontoblock will collaborate closely with issuers to identify the most suitable commercial paper instruments for tokenization. The outstanding value of U.S. commercial paper exceeded $1.25 trillion

Paribus. Trust Less.

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

Paribus: Measure Twice, Cut Once.

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

Kazakhstan Is Stabilizing, Government Claims as Crypto Miners Look to Future in Country

The situation across Kazakhstan, hit by anti-government protests in the first week of the year, is normalizing, central authorities claim. The country’s massive crypto mining industry, which faced an internet blackout during civil unrest on top of power shortages, now hopes that the country will nevertheless remain an attractive location for miners. President Tokayev Has Nation Under Control After days of turmoil, the embattled administration of Kazakhstan’s President Kassym-Jomart Tokayev says it now has the country stabilized. Law enforcement agencies have retaken all administrative buildings that were attacked by protesters

Dexsport: Offering a transparent decentralized betting platform

The Internet, as we know it, provides us with a range of tools: we can interact with other users, create and share our own content, and even earn money in different fields. At the first glance, everything here is promising but, in fact, a knowing eye can quickly notice existing security issues as well as censorship and centralization. When all data is stored on a server that is controlled by a third party, it can be hacked and user information can be used in many undesirable ways. These are the

This Country is promoting Crypto businesses, but here is the Catch

The government of Laos issued exclusive crypto regulation guidelines this Tuesday, encouraging cryptocurrency mining operations and trading platforms in the nation, but assuring that the government also benefits from the industry. While attempting to pull off a rather commercial move as something charitable, Laos’ Minister of Technology and Communications, Dr. Boviengkham Vongdara backed the new guidelines, noting that the regulations are aimed at protecting legitimate rights and interests of both operators and users. Native and Financially proficient Crypto businesses allowed to operate According to the updated crypto policy, crypto mining