Tag: Paxos
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 [...]
MakerDAO Hikes DAI Savings Rate, Ousts Paxos Dollar, Curbs Gemini Dollar in Reserve
The move could redefine baseline interest rates in the DeFi space, spurring higher stablecoin lending rates and making leverage more expensive, one an [...]
Enterprises should seek partners and solutions during the crypto winter: Paxos report
Blockchain infrastructure provider Paxos has recently published a report, that aims at helping the community look beyond the crypto winter and underst [...]
Paxos set to withdraw from Canada amid regulatory uncertainty
Paxos, a fintech company that offers blockchain-based solutions for the global financial industry, has announced its decision to withdraw from the Can [...]
Blockchain Financial Services Firm Paxos Sets Withdrawal From Canada
While the posting doesn’t mention boosted regulatory efforts, Canada did set a March 24 deadline for entities to commit to stricter requirements for c [...]
Coinbase, Celsius and Paxos disclose funds in Signature Bank
Crypto exchange Coinbase, crypto lender Celsius and stablecoin issuer Paxos are among the crypto firms with funds reportedly tied up with the now-shut [...]
Circle, Paxos, Bitstamp and Galaxy join Coinbase in scaling back partnerships with Silvergate Bank
Several crypto firms have announced they will scale back or outright terminate their relationship with Silvergate Bank following an announced investig [...]