Paxos

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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.
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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.
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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.
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Bitcoin, Equities Markets Rally on Signs of Hope
"Looks like we're piggybacking on equities with some data possibly indicating virus peaking," says a trader of bitcoin's 5 percent jump Monday.
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Gold-Backed Stablecoins Race to Keep Up With Crisis-Driven Demand
Gold-backed crypto tokens continue to rise in price as sourcing gold itself during the coronavirus-induced downturn is reportedly getting more difficult.
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Binance Stablecoin BUSD Tops $100M but Lags Behind Rivals
Binance USD, a U.S. dollar-backed stablecoin, has surpassed $100 million in market capitalization, chipping away at a market still dominated by Tether's TUSD.
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Lesser-Known Exchange Inflates Paxos Standard Daily Trading Volume to Record Highs
While it seems Paxos Standard (PAX) experienced a sudden surge in trading volumes, the stablecoin’s own issuer questions that very data.
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Coronavirus Is Changing How Crypto Markets Are Trading
Cryptocurrency traders are contending with volatile markets due to the coronavirus).
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Paxos, Credit Suisse Claim First Blockchain-Based Settlement of US Equities
The Paxos Settlement Service has gone live, allowing for the simultaneous exchange of cash and a select number of U.S.-listed securities on the firm's own private version of ethereum.
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Paxos Launches Automatic Conversions Between Bank Deposits and Stablecoins
Paxos is enabling a new auto-transfer feature to streamline the conversion of funds between bank accounts and stablecoin deposits.
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