2023-9-14 11:45 |
Chun’s reservations about whether to return the funds to Paxos stems from him being “annoyed” that “the person claiming it (the funds) kept saying EST instead of EDT/UTC.”
Similar to Notcoin - TapSwap on Solana Airdrops In 2024
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The new exchange does not custody customer funds itself to avoid a conflict of interest — and a hot-button issue with the SEC.
2023-6-28 23:31 | |
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The U. S. Securities and Exchange Commission (SEC) alleged that Binance sent a foreign affiliate of stablecoin issuer Paxos nearly $20 billion of commingled funds in 2021, according to a declaration made by Sachin Verma, an Assistant Chief Accountant of the Commission.
2023-6-8 18:34 | |
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Paxos assured its customers that their funds would “remain safely” in their accounts but advised users to withdraw all balances at their earliest convenience.
2023-4-13 00:52 | |
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Crypto trading company Paxos will no longer provide its services in Canada, according to a support post from the company on April 11. In that post, Paxos said that it will close Canadian accounts that contain no funds on May 9.
2023-4-12 23:12 | |
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The crypto-friendly Signature Bank was a key partner for many crypto firms, some which have been voluntarily disclosing their exposure to the recently closed firm.
2023-3-13 08:34 | |
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Paxos ends relationship with Binance for BUSD stablecoin. BUSD continues to be fully supported & backed 1:1 with US dollar reserves. Customers can redeem funds in USD or convert to Pax Dollar (USDP).
2023-2-13 14:31 | |
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Over the weekend, Paxos announced the freezing of PAXG tokens in the FTX crypto exchange following a government directive. Several other networks also froze FTX and its leaders’ accounts in the past few days.
2022-11-15 01:15 | |
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India-focused crypto exchange WazirX will unlist three leading stablecoins — Circle’s USDC, Paxos’ USDP, and TrueUSD’s TUSD — effective September 26. In a statement, the company said that users could withdraw their funds by October 5, after which these stablecoins will automatically be converted into BUSD.
2022-9-24 12:42 | |
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Thanks to a new funding round, the blockchain startup is powering PayPal's new cryptocurrency service is gearing up for a big year in 2021. Gearing Up for 2021 The company confirmed that it had raised $142 million in new funds and is looking forward to significant growth in the new year.
2020-12-18 22:07 | |
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The cryptocurrency exchange Binance was recently scrutinized for flagging a customer’s funds because the individual had used a bitcoin mixing application. Now the platform Paxos Global is discouraging the use of crypto mixers after a customer allegedly sent coins to a mixing service.
2020-1-31 01:00 | |
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Paxos is enabling a new auto-transfer feature to streamline the conversion of funds between bank accounts and stablecoin deposits.
2020-1-21 19:01 | |
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Tether has taken a lot of heat for admitting it is running a fractional reserve. There’s no doubt that Tether’s unregulated nature makes this approach risky and that its lack of transparency is unsettling, but the entire modern banking system is architected on fractioned assets.
2019-5-13 16:37 | |
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Circle’s USD Coin (USDC) has released an independent, third-party attestation of its bank account, and according to a top 5 public accounting firm, the stablecoin has its funds in order.
2018-11-22 22:05 | |
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Tether’s peg is slipping, and an exchange-wide firesale has led to major price discrepancies between bitcoin’s BTC/USDT and BTC/USD trading pairs across the market.
2018-10-16 22:06 | |
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Traditional venture capitalist (VC) investments are leveraging the decline in initial coin offerings (ICO) as the cryptocurrency industry tries to find bearing amid regulatory shifts and losses across the crypto markets.
2018-10-3 19:39 | |
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Stability. The word seems to be at complete odds with the current nature of the crypto market. With its flagship coin having “died” on hundreds of occasions, volatility and meteoric price swings have come to define cryptocurrencies, as price stability, ever-elusive, is in short supply.
2018-10-3 19:05 | |
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Grandshores Technology Group, a Hong Kong–listed investment holding company, is seeking to raise around $12. 7 million through a digital token fund, according to reports from the South China Morning Post (SCMP).
2018-9-19 00:42 | |
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Industry buzz surrounded Ethereum this week as community members await the next stage of the coin’s development. The protocol also served as the jumping-off point for a new fully regulated stablecoin.
2018-9-16 18:41 | |
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| Analogue Notcoin - TapSwap |
The hype around Bitcoin Ordinals and BRC-20 tokens is unsustainable and will fade away in a matter of months, according to JAN3 CEO Samson Mow.
Proceeds come from base fees and surplus revenue generated from network transactions. The incentive follows a recent clash between Arbitrum’s team and its community.
Crypto markets are still indecisive with the bulls and bears battling it out, but the next few months could be very good for ETH, according to one investor. The post How Ethereum Fundamentals Could Strengthen Against Bitcoin appeared first on BeInCrypto.
Despite stagnation in the value of ETH, demand for Ethereum transactions continues to increase day after day. This is largely due to the growth seen in what is known as decentralized finance — or “DeFi.
There is always one development in the cryptocurrency world that might not make too much sense at first glance. Paying an Ethereum transaction fee of over $2. 5 million certainly is rather unique, but primarily costly.
A number of Ethereum transfers have been made over the past 24 hours with excessively high transfer fees. This has resulted in a lot of speculation from the cryptocurrency community, who are quick to react when something is afoot.