BitMart lists Paxos Standard [PAX], rebuilding the trust in blockchain world

BitMart Exchange, a premier global digital asset trading platform, recently announced the listing of Paxos Standard [PAX]. By listing a regulated stablecoin, BitMart aims to rebuild the trust in blockchain world and drive it towards a more mature future. PAX is an ERC20 token issued by Paxos, a New York based Trust company. As the…

Read more »

Blockchain, FinTech Firms To Create Code Of Conduct For Crypto Markets

The Association for Digital Asset Markets (ADAM) has been formed by ten financial services and technology firms to establish a Code of Conduct for cryptocurrency markets. The founding members of ADAM include digital asset advisory firm BitOoda, global financial services firm BTIG, diversified merchant bank Galaxy Digital, OTC crypto dealer Genesis Global Trading, digital asset…

Read more »

Stablecoin War: Circle’s USDC and Paxos [PAX] stay ahead, while Winklevoss’ Gemini [GUSD] falls behind

Tether’s rumors have paved way for other stablecoins [pegged 1:1 with real-world assets] like Circle’s USDC, Paxos’ PAX, and Winklevoss twins’ Gemini [GUSD]. A war among stablecoins has started to take over Tether’s throne if and when it falls. Gemini, Paxos, and USD Coin have all received the go-sign from the New York Department of…

Read more »

London Block Exchange Launching Crypto Pound-Backed Stablecoin

The London Block Exchange said they have permission to launch a new virtual currency, the LBXPeg. The stablecoin would be backed by UK Pound Sterling reserves. The London Block Exchange (LBX) is planning to release a new virtual currency pegged to the Pound Sterling. The startup’s CEO Benjamin Dives told Business Insider the first “cryptopound” would…

Read more »

Bitcoin Developer Jimmy Song: Private Blockchains Make ‘Zero Sense’

Bitcoin (BTC) developer Jimmy Song stated that using blockchain tech for a private, centralized system, such as an enterprise, ‘makes zero sense’ in an interview with Laura Shin June 26. Song, also a venture partner at Blockchain Capital, spoke on the podcast Unchained about his work as an architect on an enterprise private blockchain at…

Read more »