Paxos


Tech

Paxos Makes Fresh Push for DeFi Market With New Oracle Integration

Paxos’ stablecoin tokens have mainly been playing catch-up since the DeFi spike in 2020.

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Finance

Paxos, Firm Powering PayPal's Crypto Service, Raises $142M

Paxos has raised $142 million to facilitate mainstream adoption. “We think that opportunity is now,” said CEO Charles Cascarilla.

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Policy

Paxos Becomes Latest Crypto Firm to File for Federal Bank Charter

Paxos has filed to become a federally regulated bank with the U.S. Office of the Comptroller of the Currency, joining BitPay and Anchorage.

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Markets

Charles Cascarilla: PayPal Whisperer

PayPal pumped excitement into the bitcoin market this year. And on the back-end of every purchase is Charles Cascarilla's Paxos.

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Policy

PayPal Embraces Crypto, Igniting Market as Mainstream Adoption Inches Closer

PayPal officially confirmed Wednesday it is entering the cryptocurrency market. The payments giant, with 346 million active accounts around the world, pledged to make crypto “a funding source for purchases at its 26 million merchants worldwide.”

PayPal

Markets

Binance Exchange to List Paxos' Gold-Backed Cryptocurrency

PAX Gold, a gold-backed digital asset created by Paxos, will soon launch for trading on Binance.

(dario hayashi/Shutterstock)

Finance

PayPal Picks Paxos to Supply Crypto for New Service, Sources Say

PayPal has chosen Paxos to handle the new service’s supply of digital assets, according to two people familiar with the matter.

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Finance

UK Fintech Firm Revolut Brings Bitcoin, Ether Trading to US Customers

Revolut customers in the U.S. can now buy, hold and sell BTC and ETH on the digital bank’s crypto platform, thanks to a partnership with Paxos.

A Revolut card (Kay/Unsplash)

Finance

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.

Screenshot of the MMM BSC homepage (CoinDesk)

Policy

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.

Christopher Giancarlo (CoinDesk archives)