Stablecoin Issuer Paxos Faces NYDFS Probe
[ad_1] Paxos Trust Co., the issuer of Binance’s stablecoin, is facing an investigation by the New York State Department of Financial Services (NYDFS), one of the most stringent state regulators in the United States, Bloomberg reported. There is no official confirmation on the investigation either from the regulator or...
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Bitcoin Mining Faces Challenges: Is It Still Worthy?
[ad_1] Challenges across the Bitcoin mining industry are soaring. With network difficulty at an all-time high of 28.587 trillion and BTC’s price struggling near $42,000, miners are finding it difficult to maintain elevated profit levels. (Blockchain.com) Bitcoin has a total supply cap of 21 million. The circulating supply of...
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