Binance Returns to South Korea with Gopax Acquisition
Back to News Binance, a Global crypto exchange, has formally completed its takeover of South Korean-based Gopax, a digital asset platform, paving the way for the giant to return to South Korea’s regulated crypto market. It was reported by MK News on Wednesday that after a long regulatory review period of more than two years, […]
Paxos Mints $300T PYUSD by Mistake on Ethereum
Back to News Stablecoin issuer Paxos ended up producing 300 trillion PayPal USD (PYUSD) tokens on the Ethereum blockchain without intending to on Wednesday afternoon and announced a “technical error” as the reason for the incident. The on-chain data shown by Etherscan reveals that the minting event took place at 3:12 p.m. ET from a […]
YZi Labs Backs Better Payment in $50M Seed Round
Back to News Better Payment Network (BPN), a payments infrastructure company focused on stablecoin, has got a $50 million seed funding round led by YZi Labs, the venture capital firm that used to be Binance Labs. In a statement published on Thursday, BPN said the fresh capital raised is going to be used for constructing […]
