PAXG News

Amidst the rollercoaster of cryptocurrency prices, stablecoins promise stability. Yet, with varying levels of resilience and recent depegging events causing concern, the question arises: Are all stablecoins really that stable?

Reports surfaced yesterday that Paxos had burnt PAXG in four different FTX drainer wallets.

SIBEX a crypto liquidity provider is partnering with New York-based cryptocurrency company Paxos in order to improve peer-to-peer (P2P) over the counter (OTC) trading for physical gold. The news was released by enterprise times on December 16. Improving Gold Liquidity…

San Francisco-based cryptocurrency exchange platform Kraken announced that it would be adding support for OmiseGO (OMG) and PAX Gold (PAXG) digital tokens. The news was announced in a blog post on October 28, 2019. Trading to Commence from Today Starting…

Paxos Trust Company, a financial institution regulated by the New York Department of Financial Services (NYDFS), has announced the launch of PAX Gold, a distributed ledger technology (DLT) based cryptocurrency backed by genuine gold. Paxos claims each PAXG token is…