News
Stay updated with the latest blockchain and cryptocurrency news, trends, and insights from MENA and globally. Explore breaking stories, in-depth analysis, and industry updates on UNLOCK Blockchain.
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Fuze Joins Global Dollar Network to Drive USDG Stablecoin Adoption
Fuze, one of the Middle East and Turkey’s fastest-growing financial infrastructure providers, has joined the Global Dollar Network to bring…
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Crypto Chaos: Paxos Mistakenly Mints $300 Trillion PYUSD on Ethereum
On Wednesday, stablecoin issuer Paxos mistakenly minted an astounding $300 trillion worth of PayPal’s PYUSD stablecoin on the Ethereum blockchain…
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Paxos CEO Urges Kamala Harris and Donald Trump to Prioritize Stablecoin Regulation
In a letter addressing both Democratic nominee Vice President Kamala Harris and Republican nominee Former President Donald Trump, Paxos CEO…
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Paxos SEC Investigation Ends with No Enforcement Action
Paxos, a regulated blockchain and tokenization platform, announced that it received a formal termination notice from the SEC on July…
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Paxos International’s USDL: A Limited-Access Stablecoin with Yield Potential
Paxos International’s recent launch of Lift Dollar (USDL) has ignited excitement in the digital currency community. USDL, Paxos International’s Yield-Bearing…
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Paxos Expands Stablecoin Issuance to Solana Blockchain
Blockchain and tokenization platform Paxos made a significant announcement, expanding its stablecoin issuance to the Solana blockchain platform. Formerly exclusive…
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Singapore’s MAS Gives Nod to Paxos for USD Stablecoin Launch
Crypto firm Paxos has attained preliminary authorization from Singapore’s regulatory body, the Monetary Authority of Singapore (MAS), for its forthcoming…
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HSBC’s New Blockchain Innovation Transforms London’s Gold Market Infrastructure
HSBC Holdings Plc has embarked on a groundbreaking journey into the world of blockchain technology by launching a platform to…
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Coinbase Invests in Circle, Expands USDC Integration to 6 New Blockchains
Coinbase, a prominent cryptocurrency exchange, is securing a minority ownership in Circle Internet Financial while simultaneously dissolving their partnership within…
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Navigating the Evolution of Stablecoins: Challenges, Regulation, and the Impact of PYUSD
Stability in the cryptocurrency realm took center stage in 2022 as the stablecoin sector’s capitalization faced a notable contraction following…
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