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paxos

BlackRock Leads Funding Round for US Firm Focused on Tokenization of Real-World Assets

Asset management titan BlackRock is leading a new fundraising round for Securitize, a US company geared towards the tokenization of…

May 1, 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…

January 13, 2024

Solana Surges Nearly 83% in Week As SOL’s Decentralized Exchange Volumes Now Rank Second After Ethereum’s

New data from decentralized finance (DeFi) tracker DeFi Llama reveals that surging altcoin Solana (SOL) is now the top traded…

December 25, 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…

December 23, 2023

Someone Just Paid $3,140,000 in Bitcoin Fees for 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…

November 24, 2023

PayPal Executive Says PYUSD Will Be Made Available for DeFi in the Future

An insider from PayPal says the firm’s new stablecoin, PYUSD, will ultimately launch on decentralized finance (DeFI) platforms sometime in…

August 13, 2023

Tether CTO Says PayPal’s PYUSD Could Erode USDT’s Competition in America: Report

Tether CTO Paolo Ardoino says that PayPal’s newly launched stablecoin PYUSD could hurt USDT's US competition. In a new interview…

August 9, 2023

Crypto-Friendly Bank’s Stock Crashes Over 45% As Coinbase Cuts Off Silvergate Payments

A crypto-friendly bank’s stock price is free-falling as the top US-based crypto exchange platform by volume cuts off its payments.…

March 2, 2023

Paxos in ‘Constructive Talks’ With SEC Following Enforcement Action on Binance USD (BUSD): Report

New York-based crypto company Paxos Trust Company is in "constructive talks" with the U.S. Securities and Exchange Commission (SEC) following…

February 21, 2023

Coinbase Weighs In on SEC Banning Binance USD (BUSD), Says Stablecoins Are Not Securities

Top US crypto exchange Coinbase is weighing in on the regulatory uncertainty swirling around stablecoins this week. The issue is…

February 16, 2023