Pax

Blockchain.info Adds PAX Stablecoin to Mobile Wallet

One of the cryptocurrency industry’s most popular wallet providers, Blockchain, is adding support for the dollar-pegged stablecoin PAX to its mobile wallets this week as part of a broader strategy to grow usage. The head of Blockchain’s wallet department and strategy, Xen Baynham-Herd, told CoinDesk the company eventually plans to enable fiat redemptions as well, …

Blockchain.info Adds PAX Stablecoin to Mobile Wallet Read More »

Paxos to Issue Up to $100 Million of Stablecoins on Ontology Blockchain

Stablecoin issuer Paxos will issue up to 100 million of its PAX tokens, pegged 1:1 to the U.S. dollar, on the Ontology blockchain network next month. The launch will make it easier for individuals and businesses using Ontology’s ONT token to transact in fiat-pegged tokens, Ontology announced Friday. Paxos Standard (PAX) is a regulated U.S. …

Paxos to Issue Up to $100 Million of Stablecoins on Ontology Blockchain Read More »

Gallery: Decked-out gaming rigs and more highlights from PAX East 2019

This happy marching Yoshi on a rotating platform reminded me of a dwarf from Snow White more than anything else. Kyle Orland This boxing-based exercise machine used a lot of rhythm-game tropes to signal when to punch next in time with the music. Kyle Orland Bury me with my Switch and a copy of Graveyard …

Gallery: Decked-out gaming rigs and more highlights from PAX East 2019 Read More »

While Tether Withdraws Claim of USD Backing, Rival Stablecoins Provide Monthly Attestations

</header> <strong>The controversy surrounding the backing of Tether’s USDT tokens has resurfaced following a recent alteration to the company’s terms of service that now state the reserves backing USDT comprise “traditional currency and cash equivalents and … other assets and receivables from loans made by Tether to third parties.” Despite tether’s dominance among stablecoins by …

While Tether Withdraws Claim of USD Backing, Rival Stablecoins Provide Monthly Attestations Read More »

Feb Volume Report: Leading Markets Post Strongest Month Since Q1 2018

</header> <strong>For many leading markets, February produced the largest monthly volume since the first quarter of last year, with 30-day BTC trade activity surpassing $200 billion, and ETH exceeding $100 billion.</strong> Also Read: Report: Quadriga’s 6 Cold Wallets Have Been Without Funds Since April 2018 BTC Volume Surpasses $200 Billion for February February saw the …

Feb Volume Report: Leading Markets Post Strongest Month Since Q1 2018 Read More »

Stablecoins Dominate Currency Pairings for Leading Crypto Assets

<strong>Amidst the ongoing cryptocurrency bear market, stablecoins have continued to gain prominence, with USDT currently comprising the dominant pairing for three of the four largest cryptocurrencies by market cap. </strong> Also Read: Localbitcoins Trade Surges in Latin America and East Asia USDT Comprises Dominant Pairing for 3 of Top 4 Cryptocurrencies by Market Cap According to Cryptocompare, …

Stablecoins Dominate Currency Pairings for Leading Crypto Assets Read More »