Tag: Paxos
Binance Will Cease Support for Its BUSD Stablecoin on Dec. 15
The exchange’s new CEO, Richard Teng, who succeeded founder Changpeng “CZ” Zhao earlier this month as part of a $4.3 billion settlement with the U.S., [...]
Paxos receives in-principle approval to issue stablecoins in Abu Dhabi
Crypto firm Paxos has secured in-principle approval from Abu Dhabi’s regulator on two fronts: to issue stablecoins and conduct digital asset services. [...]
Paxos to issue USD stablecoin in Singapore, wins initial approval
Crypto infrastructure firm Paxos has secured in-principle approval from Singapore’s regulator for a new entity that’s planning the launch of a U.S. do [...]
Stablecoin Issuer Paxos Plans New U.S. Dollar-Backed Token for Singapore Operations
The in-principle approval for a new Paxos Digital Singapore Pte. Ltd. entity from the Monetary Authority of Singapore allows the firm to offer its ser [...]
Paxos’ $500K Bitcoin fee, FTX tokens sales set to begin, and more
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Paxos confirms it’s responsible for paying a $500K Bitcoin transaction fee
The Bitcoin miner who received 19 [...]
Paxos ‘Fat Finger’ Overpayment Is Returned by Bitcoin Miner F2Pool
"Bitcoin is an adversarial network, but on the flip side it's also a cooperative network," Lopp wrote on X. "Miners are humans too, and they realize t [...]
Miner returns over $500k in BTC transaction fee overpayment to Paxos
The Bitcoin (BTC) miner who received the 19.8 BTC in fees has returned the funds to blockchain infrastructure firm Paxos, after its claims that the co [...]
Bitcoin miner mulls refunding 20 BTC reward to Paxos
A Bitcoin (BTC) miner who mistakenly received 20 BTC — worth over $500,000 — from crypto exchange Paxos for settling a 0.008 BTC ($200) transaction is [...]
Paxos Accidetanly Charges Bitcoin Miner $500K Fee for Mere $2K Transaction
An X poll under Wang’s post seemed to gather community sentiment for the eventual decision. Of nearly 1,700 voters as of Asian afternoon hours, 37% fe [...]
Paxos confirms it’s responsible for $500K mistaken Bitcoin transaction
The account that overpaid $500,000 in fees on Sept. 10 for a Bitcoin transfer belonged to Paxos, according to a Sept. 13 statement from the company. P [...]
PayPal PYUSD stablecoin is 100% backed: Paxos transparency report
Stablecoin issuer Paxos has published the first transparency report for the Ethereum-based stablecoin PayPal USD (PYUSD), stating that the coin is ful [...]
Paxos Has Other ‘White Label’ Stablecoin Opportunities in the Works in Addition to PayPal USD
PayPal has been allowing users to buy,sell, and hold crypto assets for several years. The company oversaw $1.36 trillion in total payment volume and c [...]
PayPal’s Regulated Stablecoin Is a ‘Watershed Moment’ in Crypto Space, Says Paxos
In terms of those rules, a big one is the removal of bankruptcy risk, Hessert said. “Customers' assets are protected, including if Paxos were to go ba [...]
Paxos and MercadoLibre partner up to bring USDP to Mexico
Blockchain fintech company Paxos and online marketplace MercadoLibre have entered a partnership to bring the Pax Dollar (USDP) stablecoin to Mexico vi [...]
New exchange EDX reportedly switching out Paxos’ custody services for Anchorage’s
EDX, a cryptocurrency exchange launched a week ago with the backing of traditional finance heavyweights such as Citadel Securities, Fidelity Digital A [...]