Tag Archives: paxos

With OneGold users can buy, sell and redeem precious metals like gold and silver. Now with the help of the BitPay payment service, the company can integrate cryptocurrency payments in their new mobile app and website. They will accept payments in Bitcoin, Ethereum, Bitcoin Cash and a few stablecoins. The application is available for Android and iOS users. However, BitPay customers who will choose to use OneGold services on its website will save 2%.“Cryptocurrency holders are a natural fit as...

Brooklyn Nets guard Spencer Dinwiddie is said to finally be issuing shares tied to his contract beginning January 13 through his DREAM platform. Just to remind y’all, in September last year NBA blocked this idea. The organization then claimed that Dinwiddie’s plan to bond one part of his contract earnings for a security token offering is against the league’s collective bargaining agreement.NBA wrote:“The described arrangement is prohibited by the C.B.A., which provides that ‘no player shall...

Stablecoins are almost completely banned in developed countries and zones like China or the EU. But BitPay claims that they’re launching a worldwide stablecoin payment solution. BP is one of the world’s largest providers of the BTC and BCH merchant API’s. Ever tried to pay for a DDoS service, a cloud server, or a private VPN? They do accept credit card payments, yes. But if they don’t, they will surely take your precious crypto using BitPay.Now BitPay is allowing the merchants and consumers...

In what seems to be a weird turn of events, top cryptocurrency data and assessment firm CryptoCompare has released its data for cryptocurrency exchange rankings and there are a few surprises in its benchmark report. Firstly, Binance has been dropped from its top ten rankings which comes as a shock as it is currently in the top three cryptocurrency exchanges in terms of the trading volume. Secondly, most of the popular cryptocurrency exchanges didn’t receive the expected rankings as only...

Photo: ShutterstockOn November 12, 2019, Paxos debuted its Fiat Gateway and have announced that Binance will be its first client in this regard. Its Fiat Gateway means that customers can swap out U.S. dollars for stablecoins on a one-to-one basis and this is one of the first of its kind within the cryptocurrency industry.While this unique service is seeing more widespread attention since its association with Binance, it has actually been available to Paxos users since May 2019 and according...

In an expansion of its market offerings, indications have emerged that premier cryptocurrency exchange Binance is set to add support for crypto-fiat exchange for the Kazakh and Ukrainian currencies. This comes after the recent addition of support for Nigeria’s currency the Naira which was done in partnership with Flutterwave which is a Nigerian payment gateway based both in Nigeria and the United States.Moreover, it’s worth mentioning that Binance also added the Russian Ruble to the row of...

Popular crypto exchange Binance which has been working on a fiat trading solution for its customers is finally ready to launch. To kick-start this innovation, the exchange will work with Russian rubles in the beginning phase.This interesting development was made public on Monday by Binance CEO, Changpeng Zhao, at the Open Innovations conference held in Moscow, Russia. He revealed that in the next two weeks the fiat trading option for Russian rubles should be available on the exchange, making...

Digital asset manager CoinShares decided to start working with gold meaning putting this asset on the Bitcoin blockchain.Together with Blockchain that is a wallet solutions provider and MKS (Switzerland) SA that acts as a precious metal trader this British company said on Tuesday they are making a gold-backed network that will be used for token trading and will represent digitized physical gold. The whole project took more than two years to be finalized.As per CoinShares, the network launched...

Binance, the global  cryptocurrency exchange and blockchain ecosystem, today announced the launch date of BUSD, a fully compliant USD-denominated stablecoin, as the week of September 16, 2019; and will add BUSD trading pairs on the same day. The launch date and new listing was jointly announced by Binance CFO Wei Zhou and Richmond Teo, Co-Founder and CEO Asia of Paxos Trust Company at Invest: Asia in Singapore, providing more stablecoin trading options for Binance users.Wei Zhou, Chief...