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Paxos

PAXG Surges to Record Premium Against Spot Gold Amid Robust Demand and Evolving Crypto Market Dynamics

PAXG, the gold-backed ERC-20 token, is trading at a record premium to spot gold. Explore the reasons behind this surge, driven by demand and market shifts.

Paxos Briefly Mints Trillions in PYUSD: A Startling Stablecoin Glitch and Its Ramifications

A technical glitch led Paxos to briefly mint $300 trillion in PYUSD, PayPal's stablecoin, before immediate correction. We analyze the implications.

Paxos’ $300 Trillion PYUSD Mint Glitch: Sparking Demands for Enhanced Stablecoin Transparency and Oversight

Paxos' accidental $300T PYUSD mint raises questions about stablecoin security, highlighting the need for stringent regulatory oversight and blockchain transparency.

Paxos Stablecoin Glitch: $300 Trillion PYUSD Mistakenly Minted, Swiftly Rectified

Paxos, issuer of PayPal USD (PYUSD), accidentally minted $300 trillion in stablecoins before a swift rectification. Learn about the glitch and its market implications.

Paxos Executes Major On-Chain Strategy on Ethereum, Bolstering Ecosystem Dynamics

Paxos made a significant on-chain move on Ethereum, impacting stablecoin dynamics and the broader DeFi ecosystem. Unpack the implications here.

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