Paxos

Clockwork’s Cloud Deluxe platform eliminates packet drops, improves cloud network performance

Clockwork today announced a new service that uses its clock synchronization service to eliminate packet drops to help businesses improve their network performance. A year ago, the company created a sp

Stanford cryptography researchers are building Espresso, a privacy-focused blockchain

If blockchain technology is to reach true mass adoption, it will have to become cheaper and more efficient. Low transaction throughput on some of the most popular blockchains, most notably Ethereum, h

Facebook scales back its crypto ambitions once again

Facebook is launching a small pilot of its cryptocurrency wallet named Novi. A limited number of people in the U.S. and Guatemala can sign up to Novi and start using it. Facebook is a founding member

Paxos renames its stablecoin from PAX to USDP

Paxos, the company behind the Paxos Standard stablecoin (PAX), has announced that it is changing the name of its crypto asset. Paxos Standard is now Pax Dollar, and you’ll soon be able to identify i

Paxos raises $300 million to build a cryptocurrency infrastructure giant

Paxos has raised a $300 million Series D funding round led by Oak HC/FT. With today’s funding, the company is now valued at $2.4 billion. The company has been building infrastructure and white-label

PayPal says all users in US can now buy, hold and sell cryptocurrencies

PayPal announced today it’s dropping the waitlist to buy, hold and sell cryptocurrency in the U.S. With the move, all customers in the U.S. will be able to purchase cryptocurrency directly from

PayPal to let you buy and sell cryptocurrencies in the US

PayPal has partnered with cryptocurrency company Paxos to launch a new service. PayPal users in the U.S. will soon be able to buy, hold and sell cryptocurrencies. More countries are coming soon. PayPa

Revolut partners with Paxos to bring cryptocurrency trading to the US

Neobank Revolut launched in the U.S. a couple of months ago. The startup is slowly catching up with features that are available in the U.K. and Europe. This time, Revolut is adding cryptocurrency trad