Paxos
Paxos Makes Fresh Push for DeFi Market With New Oracle Integration
Paxos’ stablecoin tokens have mainly been playing catch-up since the DeFi spike in 2020.
Paxos, Firm Powering PayPal's Crypto Service, Raises $142M
Paxos has raised $142 million to facilitate mainstream adoption. “We think that opportunity is now,” said CEO Charles Cascarilla.
Paxos Becomes Latest Crypto Firm to File for Federal Bank Charter
Paxos has filed to become a federally regulated bank with the U.S. Office of the Comptroller of the Currency, joining BitPay and Anchorage.
PayPal Embraces Crypto, Igniting Market as Mainstream Adoption Inches Closer
PayPal officially confirmed Wednesday it is entering the cryptocurrency market. The payments giant, with 346 million active accounts around the world, pledged to make crypto “a funding source for purchases at its 26 million merchants worldwide.”
Binance Exchange to List Paxos' Gold-Backed Cryptocurrency
PAX Gold, a gold-backed digital asset created by Paxos, will soon launch for trading on Binance.
PayPal Picks Paxos to Supply Crypto for New Service, Sources Say
PayPal has chosen Paxos to handle the new service’s supply of digital assets, according to two people familiar with the matter.
UK Fintech Firm Revolut Brings Bitcoin, Ether Trading to US Customers
Revolut customers in the U.S. can now buy, hold and sell BTC and ETH on the digital bank’s crypto platform, thanks to a partnership with Paxos.
Weed Out the Soviet-Era Ponzi Scheme Eating Ethereum
The MMM Ponzi scheme accounts for 10% of Ethereum's transactions and 50% of Paxos's. It's time the Ethereum community did something about it.
Witnesses Will Vouch for Stablecoins, Digital Dollars in US Senate Hearing Tuesday
Witnesses will discuss stablecoins and tokenized dollars during Tuesday's Senate Banking hearing on the digitization of money.
The $10B Stablecoin Industry Has a Fraud Problem It's Not Addressing
If stablecoins are used for apparently illegal activity, should issuers step in to stop it? So far, they've been reluctant to do so, says our columnist.