In a surprising twist of events, Paxos has come forward to take the blame for the $500,000 Bitcoin fee payment after PayPal was accused of
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Transparency Report Reveals Backing for Paypal’s PYUSD Stablecoin
Paypal’s stablecoin, PYUSD, has been operational for 38 days. The token’s issuer, Paxos, has issued a transparency report related to the coin’s reserves. Much like
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Paxos confirms it’s responsible for $500K mistaken Bitcoin transaction
The account that paid $500,000 to move $2,000 worth of Bitcoin was a Paxos server, the company stated.
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Paypal Offers More Crypto Payment Options for Web3 Merchants in US
Payment processor Paypal announced it’s introducing on- and off-ramps to facilitate crypto payments for Web3 platforms. Once integrated, merchants in the sector will be able
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PayPal PYUSD stablecoin is 100% backed: Paxos transparency report
The total assets held in PayPal USD custody “meet or exceed the token balance,” with total tokens outstanding amounting to $44.4 million as of Aug.
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PayPal enables US users to sell cryptocurrency via MetaMask wallet
PayPal continues expanding its digital asset services, integrating new methods to sell cryptocurrencies like Bitcoin.
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