Search

Nalezeno "PAX Gold": 20

Paxos gains approval for Singapore stablecoin launch with DBS partnership

2.7.2024
Paxos will partner with Southeast Asia’s largest bank, DBS, for the stablecoin launch

Scarce Open Market Supply of Top Two Gold Tokens as Concentration Levels Run High Among Top Holders

18.7.2023
Over the last six months, the value of an ounce of gold has witnessed a 3.8% surge in relation to the U.S. dollar. Within the realm of cryptocurrencies, there exist two noteworthy tokens backed by gold: pax gold (PAXG) and tether gold (XAUT). Together, these tokens amass a considerable worth...

US Law Enforcement Directs Paxos to Freeze More Than 11,000 PAXG Tokenized Gold Coins

14.11.2022
According to the blockchain infrastructure company Paxos, the firm has frozen 11,184.38 pax gold (PAXG) tokens held on the platform FTX.com. The regulated token issuer noted that it was directed to freeze the PAXG tokens after “direction from U.S. federal law enforcement.” Paxos...

What is PAX Gold (PAXG) and how does it work?

11.9.2022
PAX Gold is a cryptocurrency and gold hybrid that bridges the gap between the two investment options. It offers the security and stability of cryptocurrencies

2 Tokenized Gold Crypto Projects Saw Massive Growth Over the Last 15 Months

6.6.2022
15 months ago the price of one ounce of fine gold was $1,790 per ounce and since then, it has increased in value 3.51% to today’s $1,853 per ounce exchange rate. While gold has risen in value, the top two tokenized gold coins have grown significantly since then. Pax gold (PAXG),...

Gold-backed cryptos are shining in 2022, market cap hits $1B for the first time

10.3.2022
PAX Gold did most of the weightlifting in pushing the gold token market cap above the $1 billion-milestone, outperforming Tether Gold

2 Gold-Backed Crypto Asset Market Caps Near $1 Billion, XAUT Jumps 19,000% in 23 Months

25.1.2022
While reserve-backed crypto assets and stablecoin market valuations increased a great deal during the last year, gold-backed cryptocurrencies have also seen their market caps swell. Between the tokens tether gold and pax gold, the market valuations of these two gold cryptos are nearing a billion...

Precious Metals Firm Kitco Launches Gold-Backed Tokens Built on Ethereum

5.8.2021
On August 4, the precious metals firm Kitco Gold announced the launch of a gold-backed stablecoin which will leverage an audit process via Cohen & Company with monthly attestation reports. Kitco has partnered with Tradewind Markets, First Digital Trust, and Stably, an asset tokenization...

Gold Tokens Take Off as Inflation Accelerates, Bitcoin Retreats

10.6.2021
The market cap of gold-backed tokens has surged 30-fold since the start of 2020, according to one research firm

Crypto Gaming Pioneer Cloudbet Officially Launches in Argentina

10.11.2020
PRESS RELEASE. Cloudbet, the pioneering crypto casino and sportsbook, has officially launched an Argentina-focused service in response to the country’s surging interest in bitcoin and crypto gaming. The platform has unveiled a country-specific site and blog to help Argentinians learn more...

Cloudbet Unveils Betting With Gold in Gaming World First

19.10.2020
Cloudbet, the pioneering crypto casino and sportsbook, has added Pax Gold to its platform, making history by allowing players to bet online with gold for the first time ever. The integration of gold betting on a crypto-gaming platform marks a unique milestone in the evolution of tokenisation...

Gemini to accept deposits in PAX Gold, Amp and Compound

13.9.2020
More listings ahead

5% Over Spot: Gold-Backed Tokens Tether Gold and Digix Sell for Higher Premiums

7.4.2020
Digital asset markets have been gathering some gains during the last few days and tokens like stablecoins have seen massive demand since the start of the market carnage. Alongside stablecoins, gold-backed digital assets like Tether Gold, Pax Gold, and Digix Gold have seen tremendous trade volumes...

Gold-Backed Stablecoins Race to Keep Up With Crisis-Driven Demand

26.3.2020
Gold-backed crypto tokens continue to rise in price as sourcing gold itself during the coronavirus-induced downturn is reportedly getting more difficult

PAX Gold Can Now Be Traded Against Swiss Franc and British Pound

20.3.2020
PAX Gold gets first-ever listing against the Swiss franc and the British pound on Switzerland-based exchange Smart Valor

Bitfinex Adds Margin Trading on Tether Gold With Pairs of Up to 5x Leverage

31.1.2020
Bitfinex has launched margin trading for Tether Gold with select pairs of up to 5 times leverage

More Than 77 Crypto Projects Claim to Be Backed by Physical Gold

26.1.2020
The last few years have seen the creation of blockchain projects that claim to have tokens backed by physical gold. In October, Coinshares and Blockchain.com launched a digital gold token (DGLD) backed by physical gold that uses BTC’s security. Tether just announced a new token called tether...