2019-9-6 17:00 |
A gold-backed asset from Paxos aims to lure gold bugs into the world of cryptocurrency trading.
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Paxos, a famous stablecoin operator, has recently decided to launch its newest asset: PAX Gold (PAXG). This Ethereum-based token is set to be launched soon and it will be the first cryptocurrency to be fully backed by gold.
2019-9-6 22:00 | |
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Binance USD (BUSD) – a stablecoin from the world’s largest crypto exchange – has been approved by the New York State Department of Financial Services (NYDFS), which has historically taken a hard line against cryptocurrency companies.
2019-9-6 16:55 | |
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CryptoNinjas - Bitcoin, Cryptocurrency & Blockchain Asset SourceCrypto. com, a cryptocurrency payments platform, announced today that it has welcomed OS Limited (OSL) as its first settlement agent along with Paxos and TrustToken as stablecoin partners for the recently launched Crypto.
2019-7-16 15:58 | |
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CryptoNinjas - Bitcoin, Cryptocurrency & Blockchain Asset SourceSpend. com, a crypto payment ecosystem, today announced a partnership with Paxos, a regulated Trust company, which operates itBit, a bitcoin exchange with oversight from the New York Department of Financial Services (DFS).
2019-7-12 19:35 | |
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Seed CX cryptocurrency exchange adds support for stablecoins Paxos, USD Coin, and TrueUSD
2019-5-16 02:35 | |
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Paxos has been going ahead to revamp its current platform to be able to solve some of the issues and the biggest headache that is within the stable coin community. The Paxos Standard, PAX, is issued by Paxos, and they have gone ahead to announce that they have made it possible for PAX to be […]
2019-5-14 19:48 | |
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CryptoNinjas Blockchain. com, a bitcoin and cryptocurrency wallet provider, announced today it has now added support for Paxos (PAX) stablecoin. The USD based stablecoin will be listed in the Blockchain Wallet as USD PAX.
2019-5-1 14:28 | |
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CryptoNinjas Kyber Network, a liquidity protocol for cryptocurrency markets, has announced that the Paxos Standard (PAX) stablecoin is now available on Kyber Network, with liquidity through the Prycto Reserve.
2019-5-1 21:13 | |
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The Paxos stablecoin (PAX) will launch on the Ontology (ONT) blockchain by May 2019. Paxos, a regulated stablecoin with the approval of the New York State Department of Financial Services (NYSDFS), will enable business operations on the Ontology blockchain by eliminating the volatility associated with cryptocurrency.
2019-4-29 17:00 | |
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CryptoNinjas Now open for trading, cryptocurrency exchange LGO Markets has just introduced both Paxos Standard and USD Coin to the LGO exchange platform and integrated them with an existing BTC/USD spot market.
2019-4-16 12:39 | |
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The concept of ‘stablecoin’ appears to be treading the fine line between virtual and fiat. Investors can enjoy the benefits of ubiquity and universality of payments, two core concepts of the cryptocurrency world, while still standing in firm opposition of them by being tethered to a sovereign currency.
2019-4-6 18:30 | |
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When leaked pictures of Samsung’s latest smartphone went viral, the crypto sphere lost its mind over a singular feature: a built-in cryptocurrency wallet. Samsung would quickly deny rumors that the S10 contained a baked-in hardware wallet.
2019-3-13 22:31 | |
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Paxos CEO, Chad Cascarilla has said that the company’s gold-backed coin will be launched in 2019
2019-3-12 03:45 | |
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European blockchain technology companies had a record year in terms of VC investment in 2018, although overshadowed by funding going into financial technology (fintech) companies. According to Innovate Finance’s ‘2018 FinTech VC Investment Landscape‘ report , the European blockchain and cryptocurrency industry witnessed a series of significant deals, but notably just four deals amounted to over $300 million.
2019-2-12 18:30 | |
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Stablecoins have experienced a meteoric rise in popularity during the second half of 2018, with currencies such as TrueUSD, USDC, Paxos, and GUSD experiencing a 1032 percent increase in on-chain transactions took place in November vs.
2018-12-12 17:30 | |
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Bitfinex and Ethfinex users will now be able to trade in all six major stablecoins available in the market. The platforms were already providing Tether and DAI for trading. The four newly added stablecoins are USDC, Paxos Standard Token, Gemini Dollar and True USD.
2018-12-5 15:59 | |
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Cryptocurrency exchanges Bitfinex and Ethfinex now support trading for all six of the market’s major stablecoins. Adding to its support for MakerDao’s Dai and Tether’s USDT, the sister platforms recently listed USD Coin (USDC), TrueUSD (TUSD), Paxos Standard Token (PAX) and Gemini USD (GUSD).
2018-12-4 21:02 | |
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Binance has added the stablecoin Paxos (PAX) as its latest base currency. The popular cryptocurrency exchange chose the asset because it was regulated and fully-collateralized. Binance announced earlier today that the Paxos Standard Token, which only launched two months ago, would become the fifth base currency on its servers.
2018-11-28 16:58 | |
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Bitcoin payment platform BitPay is now going to allow payments with the Paxos Standard token (PAX), which it calls “the fastest growing stablecoin and the highest trading volume of any U.
2018-11-22 00:25 | |
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Paxos announced today that its USD pegged stablecoin Paxos Standard Token (PAX) will now be integrated with BitPay as an option for settlement. The opportunity to settle in PAX will be available to a global list of BitPay merchants.
2018-11-21 17:29 | |
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The adoption of cryptocurrency into new use cases has been constant. Rather than creating this opportunity independently, this need has made it crucial to establish partnerships with other companies that have managed to find their way into this new territory.
2018-11-21 10:59 | |
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BitGo, a California-based blockchain security firm, digital assets wallet provider and custodian has announced it’s now supporting the major stablecoins currently on the market, including Circle’s USDCoin (USDC), Gemini Dollar (GUSD), Paxos Standard Token (PAX), and more, according to a Finance Magnates report on November 15, 2018.
2018-11-18 20:00 | |
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BitGo, a California-based blockchain security firm, digital assets wallet provider and custodian has announced it’s now supporting the major stablecoins currently on the market, including Circle’s USDCoin (USDC), Gemini Dollar (GUSD), Paxos Standard Token (PAX), and more, according to a Finance Magnates report on November 15, 2018.
2018-11-18 20:00 | |
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Cryptocurrency exchange Cobinhood recently announced that it had added four new stablecoins to its platform. These coins include Gemini Dollar (GUSD), Paxos Standard Token (PAX), TrueUSD (TUSD) and MakerDao (DAI).
2018-11-10 16:59 | |
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CryptoNinjas COBINHOOD, a cryptocurrency service platform and exchange, today announced the addition of four (4) stable coins on its exchange: the Gemini Dollar (GUSD), MakerDao (DAI), Paxos Standard Token (PAX) and TrueUSD (TUSD).
2018-11-9 03:54 | |
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Huobi Group revealed at the World Blockchain Summit in Dubai that the company is looking to expand its operations to the Middle Eastern, African and South Asian markets in a bid to provide services to its unbanked or underbanked residents.
2018-10-26 21:07 | |
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Utility billing and payment services provider Novatti is launching a new Australian dollar (AUD)-backed stablecoin known as the Novatti AUD Utility Token on the Stellar Network.
2018-10-25 20:58 | |
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With the exception of the SEC’s FinHub announcement, it has been a quiet week for regulatory news — something we’ve been getting a lot of recently as U. S. officials clamp down on unscrupulous coin offerings and crypto companies.
2018-10-20 17:49 | |
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TrueUSD, Paxos Standard Token, Gemini Dollar, and USD//Coin became the four newest coins to be listed on OKEx. The four stablecoins have been added to fulfill the rising demand for stablecoins in the market.
2018-10-18 21:19 | |
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Paxos claims it has so far issued a total of $50 million-worth of its Paxos Standard crypto stablecoin since its official launch last month.
2018-10-16 06:18 | |
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OKEx, the third-biggest cryptocurrency exchange by daily trade volume, has announced the listings of four stable coins: TrueUSD (TUSD), USD Coin (USDC), Gemini Dollar (GUSD) and Paxos Standard Token (PAX).
2018-10-16 01:45 | |
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Digital assets platform OKEx has added four stablecoins to its listed assets. According to a support notice published by OKEx, the Hong Kong-based cryptocurrency exchange says that TrustToken's TrueUSD (TUSD), Circle's USDCoin (USDC), the Gemini Dollar (GUSD) and Paxos Standard Token (PAX) are now live on the platform.
2018-10-16 22:42 | |
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GMO Internet Group is working to launch a stablecoin by 2019. In an announcement released on Tuesday, October 9, 2018, the Japanese IT conglomerate said it is putting all gears in place to begin building its stablecoin, called the GMO Japanese Yen (GJY).
2018-10-10 02:10 | |
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Traditional venture capitalist (VC) investments are leveraging the decline in initial coin offerings (ICO) as the cryptocurrency industry tries to find bearing amid regulatory shifts and losses across the crypto markets.
2018-10-3 19:39 | |
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Stability. The word seems to be at complete odds with the current nature of the crypto market. With its flagship coin having “died” on hundreds of occasions, volatility and meteoric price swings have come to define cryptocurrencies, as price stability, ever-elusive, is in short supply.
2018-10-3 19:05 | |
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In a recent blog post, cryptocurrency exchange Binance announced that it would list the PAX/BTC trading pair on Oct. 2 at 10 am (UTC). The Paxos Standard Token (PAX) is a stablecoin that is pegged to the US dollar in 1:1 ratio.
2018-10-2 16:49 | |
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Boston-based cryptocurrency finance firm Circle has just joined the multitudes of other crypto exchange platforms now issuing and trading their own stablecoins. As of September 26, 2018, dollar-pegged USDC is now trading on Poloniex, the crypto-to-crypto exchange Circle acquired in February 2018, and on Circle Trade, the company’s over-the-counter (OTC) platform.
2018-9-27 20:50 | |
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One of the largest cryptocurrency exchanges in the world, Binance, is home to a huge list of coins trying to make a mark in the cryptocurrency world. The most recent listing by the exchange is the Paxos stablecoin which will debut with two currency pairs — Bitcoin and Binance Coin.
2018-9-25 17:29 | |
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One of the largest cryptocurrency exchanges in the world, Binance, is home to a huge list of coins trying to make a mark in the cryptocurrency world. However, a recent listing by the exchange has sparked both controversy and concern from some experts.
2018-9-24 17:29 | |
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Grandshores Technology Group, a Hong Kong–listed investment holding company, is seeking to raise around $12. 7 million through a digital token fund, according to reports from the South China Morning Post (SCMP).
2018-9-19 00:42 | |
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Industry buzz surrounded Ethereum this week as community members await the next stage of the coin’s development. The protocol also served as the jumping-off point for a new fully regulated stablecoin.
2018-9-16 18:41 | |
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University of Berkeley Professor Barry Eichengreen has taken a swipe at the viability of stablecoins in an op-ed published on Project Syndicate. The critique, entitled “The Stable-Coin Myth,” argues stablecoins are not automatically "viable" just because they are pegged to an asset, though Eichengreen does believe they have an advantage over "conventional cryptocurrencies" such as bitcoin which he says "is highly unstable" and "unattractive as units of account.
2018-9-13 18:07 | |
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It’s a busy week for believers of stablecoins. Carbon launched on Wednesday the third stablecoin making its debut this week — joining Gemini dollar and Paxos. On Sept. 10, Gemini and Paxos were approved by New York State Department of Financial Services (NYDFS) as regulated stablecoins, a move widely-hailed by fintech enthusiasts.
2018-9-13 15:30 | |
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Companies and projects wishing to attract the best and brightest young talent need to offer bitcoin salaries. A recent survey of cryptocurrency enthusiasts found that 66% of the community would prefer to receive their wages with these new assets than fiat.
2018-9-12 17:05 | |
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The New York Department of Financial Services (NYDFS) has authorized Gemini Trust Company LLC, the cryptocurrency exchange platform founded by the Winklevoss brothers, and Paxos Trust Company LLC, formerly itBit, to offer a price-stable cryptocurrency pegged to the US dollar.
2018-9-12 22:39 | |
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Right on the heels of the Winklevoss twins’ enterprise announcement that Gemini will be matching cryptocurrency and fiat finances dollar-for-dollar with its new stablecoin, New York-based Paxos joins the realm of federally regulated crypto assets.
2018-9-11 14:00 | |
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The Gemini Dollar and Paxos Standard stablecoin will be pegged to the U.S. Dollar in 1:1 ration. The tokens are built on Ethereum network using the ERC 20 standards. The post ‘Stablecoins Coming’: NYDFS Approves USD-Pegged Cryptocurrency Tokens by Gemini and Paxos appeared first on CoinSpeaker.
2018-9-11 09:07 | |
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The New York DFS approved Paxos’s application to offer cryptocurrency trade services for four more coins and granted Xapo a virtual currency license.
2018-6-16 22:19 | |
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The value of the stablecoin Pax Dollar (USDP), issued by the Paxos Trust Company, experienced a surge to a high of $1.28, triggering the liquidation of $529,000 in USDC for a market participant. Like regular stablecoins, USDP is designed to…
Серия пилотных испытаний сети блокчейнов, соединяющих между собой банки и финансовые учреждения, стала одним из крупнейших экспериментов на рынках капитала, узнало издание Bloomberg. В эксперименте участвовали международные мега-корпорации, в том числе Goldman Sachs, BNY Mellon, Cboe Global Markets.
The approval followed a similar move by regulators in Singapore, where Paxos said its local entity would launch a U.S. dollar-backed stablecoin.
Paxos has received two in-principle approvals from the Financial Services Regulatory Authority in the Abu Dhabi Global Market (ADGM). The company will issue USD-pegged stablecoins as well as crypto brokerage and custody services.
A Bitcoin miner who mistakenly received the 19.8 BTC in fees returned the funds to the New York-based regulated blockchain, Paxos. On Sept. 10, a BTC transaction that moved only nearly $2,000 had a payment fee of $500,000. Later, on…
Paxos paid $520,000 for a $2,000 bitcoin transaction earlier this week.
The total assets held in PayPal USD custody “meet or exceed the token balance,” with total tokens outstanding amounting to $44.4 million as of Aug. 31, Paxos report states.