8 - 2023 | MachinaTrader.com

bob
2023-08-28
Company News
Cryptocurrency Innovations
Cryptocurrency Regulations
Mergers and Acquisitions (M&A)
Regulatory Developments

PayPal Launches Stablecoin PYUSD in Partnership with Paxos Trust Co.

PayPal, a payment giant based in San Jose, California, has announced the launch of its own stablecoin, PYUSD, in partnership with Paxos Trust Co. This digital currency is backed by deposits denominated in US dollars, along with short-term Treasuries and comparable cash equivalents, to ensure a secure and reliable peg to the US dollar. The […]

bob
2023-08-28
Cryptocurrency Innovations
Cryptocurrency Market Analysis
Fintech and Blockchain Startups
Investment Insights

AVAX Price Falls Despite Avalanche’s Bullish Cues

Avalanche, a blockchain platform, recently announced a $50 million initiative to buy tokenized assets on its blockchain. The program, called Avalanche Vista, is intended to demonstrate the merits of applying blockchain rails to traditionally manual use cases. Despite the bullish cues, the native token AVAX has erased its 2023 gains and is currently trading at […]