Paxos

Posted by | January 24, 2024
Solana Unveils Token Extensions As SOL Bounces Back, Surging 5%

The Solana Foundation, a non-profit organization dedicated to decentralization, adoption, and security on the Solana network, has launched token extensions.   Solana Token Extensions Gains Traction According to a January 24...

Continue Reading
Posted by | January 13, 2024
Genesis Global Trading Ordered To Pay $8,000,000 Fine by New York Financial Regulator Over Compliance Violations

A New York financial regulator is ordering crypto firm Genesis Global Trading to pay an $8 million fine after it was found to be in violation of the law. In...

Continue Reading
Posted by | December 25, 2023
Solana Surges Nearly 83% in a Week As SOL’s Decentralized Exchange Volumes Now Rank Second After Ethereum’s

New data from decentralized finance (DeFi) tracker DeFiLlama reveals that surging altcoin Solana (SOL) is now the top traded digital asset on decentralized exchanges (DEXs) behind Ethereum (ETH). Solana’s trading...

Continue Reading
Posted by | December 23, 2023
Paxos Becomes Multi-Chain Stablecoin Issuer, Expands to Solana (SOL) Blockchain

Stablecoin issuer Paxos is expanding into the Solana (SOL) network, becoming the first multi-chain platform to be regulated across multiple jurisdictions. In a new press release, the New York-based crypto...

Continue Reading
Posted by | November 29, 2023
Paxos receives in-principle approval to issue stablecoins in Abu Dhabi

The approval followed a similar move by regulators in Singapore, where Paxos said its local entity would launch a U.S. dollar-backed stablecoin. 426 Total views 18 Total shares Crypto firm...

Continue Reading
Posted by | November 24, 2023
Someone Just Paid $3,140,000 in Bitcoin Fees for a Single BTC Transaction: On-Chain Data

A Bitcoin address was spotted paying a whopping $3.14 million in fees for a single BTC transaction, according to on-chain data. First reported by blockchain tracking firm Lookonchain, the address...

Continue Reading
paxos-to-issue-usd-stablecoin-in-singapore,-wins-initial-approval
Posted by | November 15, 2023
Paxos to issue USD stablecoin in Singapore, wins initial approval

The USD-backed token will comply with Singapore’s upcoming stablecoin laws and be issued through a new local Paxos entity that’s received initial approval. 1224 Total views 53 Total shares Crypto...

Continue Reading
bye-bye-birdie:-binance-begins-process-of-axing-busd-stablecoin
Posted by | September 15, 2023
Bye Bye Birdie: Binance Begins Process Of Axing BUSD Stablecoin

Binance crypto exchange announced in late August that it is moving to end support for its beloved BUSD stablecoin. This move comes amid the stablecoin’s run-in with regulators, leading to...

Continue Reading
bitcoin-miner-f2pool-returns-19.8-btc-to-paxos-after-overpaid-fee
Posted by | September 15, 2023
Bitcoin Miner F2Pool Returns 19.8 BTC to Paxos After Overpaid Fee

Bitcoin mining pool F2Pool has returned 19.8 bitcoin (BTC) to Paxos after the crypto services firm paid a $520,000 fee on a transaction worth just $2,000 earlier this week.Paxos said...

Continue Reading
bitcoin-miner-mulls-refunding-20-btc-reward-to-paxos
Posted by | September 14, 2023
Bitcoin miner mulls refunding 20 BTC reward to Paxos

Chun’s reservations about whether to return the funds to Paxos stems from him being “annoyed” that “the person claiming it (the funds) kept saying EST instead of EDT/UTC.” 3778 Total...

Continue Reading