Browsing: Paxos
Latest Paxos news, price updates, and AI-powered insights from Bpay News. Stay informed on global crypto trends.
In a significant development for the crypto market, Paxos has acquired the innovative cryptocurrency wallet startup Fordefi for over 100 million dollars.This acquisition not only highlights the growing demand for digital asset management solutions but also reflects the intense interest investors have in the ever-evolving landscape of cryptocurrency.
In a strategic move poised to reshape the landscape of institutional DeFi, Paxos has officially announced its acquisition of Fordefi, an esteemed provider of crypto custody solutions.This monumental deal, reportedly valued at over $100 million, aims to enhance Paxos’s capabilities in offering sophisticated digital asset infrastructure to institutions.
HYPE price is experiencing a notable surge as Paxos has chosen the Hyperliquid platform alongside Plume and Aptos for its USDGO stablecoin launch.This selection has sparked excitement within the crypto market, driving significant whale activity and anticipation surrounding an upcoming token unlock event.
Paxos CEO Charles Cascarilla underscored the significant impact of stablecoins on global payment systems during his address at the Federal Reserve’s Payments Innovation Conference. He emphasized that stablecoins offer a reliable and efficient means of…
An ancient Bitcoin whale has deposited 850 BTC into Paxos, marking another significant transaction in the cryptocurrency market. This deposit highlights the ongoing activity of large holders in the Bitcoin ecosystem. Such transactions can influence… (via Bpaynews real-time desk)
Paxos has announced the issuance of an additional 100 million PYUSD on the Ethereum network. This move is part of Paxos’ ongoing efforts to enhance its digital asset offerings. The issuance aims to meet growing… (via Bpaynews real-time desk)
USDG Payroll Paxos has partnered with Toku to facilitate salary payments in USDG for employees through current payroll systems, improving…
In the rapidly evolving world of cryptocurrencies, operational hiccups are not uncommon, but they’re seldom small scale. This was evidenced…
Regulators Turn Attention to Paxos Following $300 Trillion Minting Error In an event that has sent shockwaves through the financial…
Paxos has reportedly issued $300 trillion worth of PayPal stablecoin, significantly exceeding the current supply of USD, which stands at…