Tag: Paxos
Found it!! Paxos admits to missing 0.07 BTC transfer and accidentally paying 20 BTC in fees
Paxos claims to be responsible for paying large Bitcoin (BTC) transaction fees. The transaction occurred on Sept. 10. The company attempted to send 0.07 BTC (approximately $2,000) but included a…
Newly Launched EDX Trading Platform Changed Custody Provider from Paxos to Anchorage’s.
EDX cryptocurrency exchange that was launched last week Backed by traditional financiers such as Citadel Securities, Fidelity Digital Assets and Charles Schwab, it is reportedly preparing to transition its custodian…
Paxos prepares to withdraw from Canada Amid Regulatory Uncertainty – Bitcoin Addict
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Over 684 million BUSD burned for redemption in US dollars after Paxos scrutiny from regulators
Just a day after regulators claimed Binance USD (BUSD) as a security, Paxos has burned approximately $684 million of BUSD stablecoin for redemption in USD. According to information on the…
Paxos ‘strongly disagrees’ with the SEC calling BUSD a security
Paxos said it “strongly disagrees” with the US Securities and Exchange Commission (SEC) in calling Binance USD (BUSD) a security. The stablecoin issuer said it received a notification from SEC…
Breaking news!!! The US SEC plans to sue Paxos for issuing Binance USD (BUSD) as an unregistered security.
The US Securities and Exchange Commission (SEC) has reportedly informed Paxos that it plans to sue the company. The Binance USD (BUSD) stablecoin was issued as an unregistered security in…
Stablecoin issuer Paxos is being investigated by NYDFS, the New York financial authority.
New York State Department of Financial Services (NYDFS), the government agency that regulates financial products and services in New York, is investigating stablecoin issuer Paxos. The scope of the investigation…
Paxos Recovers $20M Paxos Gold (PAXG) Stolen in FTX Hack
Paxos has successfully recovered $20 million of Paxos Gold (PAXG) stored in an attacker’s wallet. which was hacked FTX in November At the time, FTX had stolen $400 million after…
Paxos is licensed in Singapore. Prepare to open an office and hire at least 130 more people
Paxos plans to hire at least 130 more people for its Singapore office. After receiving a license to provide services domestic digital-payment token Paxos is the first blockchain infrastructure platform…
Mastercard and Paxos Partner to Promote Banking Crypto Services – Bitcoin Addict
A CNBC report reveals that Mastercard and Paxos are now partnering to make it easier for banks to provide crypto services. quote fromreportIt said payments giant Mastercard aims to link…