Paxos co-founder Charles Cascarilla has framed a $300 trillion PYUSD minting error as evidence of blockchain transparency.

A dormant Bitcoin whale recently deposited 2,300 BTC to Paxos. The whale still holds over 32,000 BTC valued at $3.4 billion.

Paxos mistakenly minted $300T of PayPal's stablecoin. An analysis of the operational integrity and risk management failure in ...

Dormant Bitcoin whale moves $250M to Paxos as BTC struggles near $107K amid institutional outflows and tightening volatility.

Risks and safeguards. Paxos CEO emphasizes the risk involved with blockchain transparency, saying it was a saving grace after ...

Coinbase’s push to secure a national trust charter is reportedly facing huge roadblocks from one of the most powerful bank ...

Paxos has been ordered by regulators to stop issuing Binance's dollar-pegged stablecoin. The crypto firm will stop minting BUSD next week, as it reportedly faces a lawsuit from the SEC. BUSD is the ...

Paxos confirmed Monday it received a Wells Notice from the Securities and Exchange Commission, stating it’s prepared to take on the agency and any enforcement actions related to stablecoin Binance USD ...

Paxos, the issuer of stablecoins such as PayPal USD (PYUSD) and Pax Dollar (USDP), has confirmed responsibility for the recent incident involving a $500,000 overpayment in Bitcoin fees. Initially, it ...

The New York Department of Financial Services said Thursday it has fined stablecoin issuer Paxos Trust Company $26.5M for anti-money laundering deficiencies and compliance failures tied to its ...

The Treasury is consulting on how to implement the GENIUS Act. Coinbase argued that stablecoin yields should be considered loyalty rewards, not interest payments. On ...

The demise of several large crypto-related companies is forcing the hand of regulators who are looking to find ways to block crypto from mainstream financial markets, said Jesse Austin Campbell, ...