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Stablecoin dominance slides as market cap falls to near 2-year lows: CCData
21.7.2023
After 16 consecutive months of decline, the stablecoin market dominance has fallen to 10.3% of the total crypto market capitalization
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...
Video Game Conventions Are Still Hotbeds Of Sexualized Abuse
8.6.2023
Just days after the March 2023 Game Developer Conference came to a close, disturbing allegations started making the rounds on social media: The ultra-popular conference for game developers, held at San Francisco’s Moscone Center and attended by an estimated 28,000 people, was rife with sordid tales...
Tether Grows 2.3% as Stablecoin Economy Loses $2.4 Billion in Value Since March 31
25.4.2023
While several top digital assets have decreased in value against the U.S. dollar over the past month, the stablecoin economy has lost $2.4 billion in value since March 31, 2023. Four of the top five stablecoins experienced net redemptions over the last 30 days, except for tether, which grew by 2.3%...
GDC Organizers Respond To Reports Women Were Drugged, Assaulted At Off-Site Events
27.3.2023
Several game developers who attended this year’s Game Developers Conference have reported that they experienced harassment on the show floor, while others claim they had their drinks spiked at a networking event that took place off-site.Read more
This Horror Time Loop Game Stole PAX (And You Can Play It Right Now)
27.3.2023
At PAX East 2023, there was one game I couldn’t walk the show floor without hearing about, and after playing one route of Black Tabby Games’ Slay The Princess, I haven’t been able to stop thinking about it, either. The demo that other attendees and I played is available on Steam, and it illustrates...
Nifty News: Celebs lose big on BAYC, Meghan and Harry building a metaverse, and more.
18.11.2022
Celebrities are facing huge losses on their Bored Apes bought during the NFT peak, but big names like Sony and Adidas are pushing further into the industry
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...
pax․world: A Token Must Be an Economic Bedrock Not a Collectable Gimmick for the Metaverse to Thrive
31.10.2022
This week, pax.world launched $PAXW, its proprietary utility token for the metaverse. The process of designing and launching $PAXW has provided a clear understanding of the token’s inherent purposes, enormous potential, and possible dangers. Let’s begin at the top: A utility token is...
E3 2023 Is Happening In Los Angeles And Will Be Open To Fans
26.9.2022
Despite the cancellations of prior years and the general uncertainty about its future, the Entertainment Software Association (ESA) just announced that the E3 games expo will be returning to the Los Angeles Convention Center as a live event next year. So if you want to brave crowds of sweaty gamers...
Nasdaq's Crypto Move, $160M DeFi Hack, Hong Kong CBDC + More News
20.9.2022
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________...
Read More: Nasdaq's Crypto Move, $160M DeFi Hack, Hong Kong CBDC + More News
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
Mercado Libre to Expand Cryptocurrency Services to More Countries in Latam
12.8.2022
Mercado Libre, one of the biggest retailers in Latam, has announced that it plans to expand its cryptocurrency trading services to more countries in the region. The company, whose cryptocurrency services are now just available for customers in Brazil through Mercado Pago, its payments and digital...
Picpay Rolls Out Crypto Trading Options to More Than 30 Million Users in Brazil
12.8.2022
Picpay, a payments and wallet app, is now providing cryptocurrency services to more than 30 million users in Brazil. The company, that had announced this rollout last month, now allows its customers to purchase, hold, and sell digital assets from its platform. The organization partnered with Paxos...
Mega Events Company Won’t Let E3 Die, Promises ‘Return To Form’ In 2023
7.7.2022
Like the video game with three endings, or the final boss fight that never ends, E3 refuses to die. Now the video game events world is doubling-down on it. ReedPop—organizers of PAX, New York Comic Con, and Star Wars Celebration—announced Thursday it will take over planning the annual summer gaming...
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),...
PAX East Enforcer Dies From Covid 'After Being Exposed During The Convention'
3.5.2022
A PAX East Enforcer died from coronavirus after working at the convention last Saturday. Dawn “Deestar” Wood was well-regarded by other Enforcers who donated to the GoFundMe for her funeral (which met its goal in a single day). The organizer for the fundraiser emphasizes that Wood had “the most...
Tokenized Gold Market Caps Grew Significantly Last Month as Fresh Demand Drives Premiums
23.3.2022
While gold tapped an all-time high (ATH) this year surpassing $2K per ounce, the top tokenized gold crypto assets by market valuation continue to see significant demand, premiums, and market capitalization growth. For instance, Paxos Trust Company’s PAXG market cap jumped more than 43% in...
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
Demand for Gold-Backed Tokens Brings Premiums as Precious Metal’s Value Jumps Higher
19.2.2022
While stocks and cryptocurrency markets have floundered during the last week, the price of the precious metal gold has increased in value by 3.85% during the last seven days. An ounce of fine gold jumped from $1,826.92 on February 10, to $1,897.36 per ounce on February 19. Additionally, the...