Search Results for "paxos"
Paxos Labs Secures $12M for Crypto Yield Platform Amplify
Blockchain Capital leads funding round as Paxos Labs expands Amplify platform offering yield, lending and stablecoin services through single SDK integration.
Paxos Cuts Postgres Downtime 50X with Aurora Blue-Green Upgrades
Paxos reduced Postgres downtime from 30-120 minutes to 1 minute using Aurora Blue-Green upgrades, improving uptime to meet 99.99% SLOs.
Paxos, Toku Bring Yield to Stablecoin Payroll Balances
Paxos Labs and Toku integrate yield-earning capabilities into stablecoin payroll balances, targeting $1B+ payroll flows across 100+ countries.
Paxos Defines Six Layers for Stablecoin Payment Systems
Paxos highlights the six critical layers for stablecoin payment infrastructure, addressing licensing, custody, and regulatory hurdles.
Paxos Dashboard Enhances Governance, Adds Self-Serve Features
Paxos updates its enterprise Dashboard with scalable approvals, audit logs, and webhook management to strengthen institutional compliance.
Paxos Becomes First Blockchain Firm with SEC Clearing Approval
Paxos secures SEC clearing agency registration, marking a milestone for blockchain in U.S. securities settlement.
Paxos Adds Dogecoin (DOGE) to Brokerage and Custody Platform
Paxos integrates Dogecoin into its brokerage and custody platform, opening doors for institutional and fintech adoption of the memecoin.
Binance sees surge in withdrawals amid spooked investors
Investors have pulled billions from Binance in the past day due to US Securities and Exchange Commission and New York Department of Financial Services action against BUSD and Paxos.
Paxos Trust Company Disagrees With U.S. Securities
Paxos, a stablecoin issuer, received an SEC Wells notice earlier this month and "categorically denies" that BUSD is a securities.
Paxos Identifies Key Opportunities During Crypto Winter
Blockchain infrastructure provider Paxos has published a report identifying opportunities for crypto projects during the current market conditions, including seeking solutions and partnerships. The report highlights the usefulness of stablecoins while acknowledging the need for greater transparency. Partnerships with businesses addressing real-world needs were also deemed important. The CEO of the Stellar Development Foundation suggested that regulating stablecoins may be necessary to maintain a strong dollar, while a recent Bank of International Settlements report deemed stablecoins a less preferable form of tokenized money.
Paxos’ Blockchain Settlement Platform Goes Live with Settling Credit Suisse and Instinet Trades
New York-regulated stablecoin issuer, Paxos, launched its blockchain-based settlement platform, after announcing the service in late 2019. The new service enables settlement of US-listed equity trades between broker-dealers Swiss financial services firm Credit Suisse and Nomura Group-backed Instinet.
Brazil's Fintech Giant Nubank Now Offers Crypto Trading
Sao Paolo-based digital banking giant, Nubank has veered into the cryptocurrency trading ecosystem with initial support for Bitcoin and Ethereum.
