Paxos Trust Company LLC has acquired Fordefi Inc., a startup with a crypto wallet platform used by more than 200 institutional investors. Fortune reported on Tuesday that the deal is worth more than ...

Paxos is acquiring DeFi wallet startup Fordefi for over $100 million, marking a major entry into decentralized finance. Fordefi has 300 institutional clients and provides MPC wallet infrastructure and ...

Digital asset infrastructure firm Paxos said Tuesday it has acquired Fordefi, a wallet provider startup, a move aimed at strengthening its custody offering as institutional adoption accelerates. The ...

Paxos has taken its next step in multi-chain stablecoin infrastructure with a targeted launch across key networks. Paxos has named three fast-rising networks as the first venues for its new omnichain ...

What Is Paxos’ USDG0 and Why Does It Matter? Paxos Labs has launched USDG0, an omnichain extension of its regulated USDG stablecoin, using LayerZero’s OFT (Omnichain Fungible Token) standard to bring ...

Paxos CEO Charles Cascarilla addressed the $300 trillion stablecoin minting error, emphasizing the importance of blockchain transparency. A manual security lapse caused the error, and the tokens were ...

Paxos mistakenly minted 300 trillion PYUSD tokens last week before burning them 24 minutes later in what the company on Wednesday called an "internal technical error" that never left its systems. The ...

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LinkedIn support accidentally revealed its algorithm: it tracks "viewer tolerance," reducing visibility for authors whose posts are consistently ignored. To succeed, diversify content types weekly, ...

Paxos accidentally minted $300 trillion of PayPal's stablecoin. It's not clear how the firm made such a colossal mistake. The firm applied for a banking charter in August. Paxos’ erroneous creation of ...

Whale alerts began to blare across the cryptosphere yesterday after Paxos minted 300 trillion of PayPal’s stablecoin, PYUSD, valued at over double global GDP. The tokens were burned 22 minutes later, ...