PANews reported on September 19th that Paxos announced the acquisition of NucleusEarn and the establishment of a new division , Paxos Labs , co-founded by Chunda , Jun Kim , and Bhau . Paxos Labs will provide businesses with on-chain financial infrastructure, supporting a wide range of crypto-financial services, from stablecoin issuance to regulated money markets.PANews reported on September 19th that Paxos announced the acquisition of NucleusEarn and the establishment of a new division , Paxos Labs , co-founded by Chunda , Jun Kim , and Bhau . Paxos Labs will provide businesses with on-chain financial infrastructure, supporting a wide range of crypto-financial services, from stablecoin issuance to regulated money markets.
Paxos Acquires NucleusEarn and Establishes Paxos Labs to Advance Enterprise On-chain Financial Services
For feedback or concerns regarding this content, please contact us at crypto.news@mexc.com
PANews reported on September 19th that Paxos announced the acquisition of NucleusEarn and the establishment of a new division , Paxos Labs , co-founded by Chunda , Jun Kim , and Bhau . Paxos Labs will provide businesses with on-chain financial infrastructure, supporting a wide range of crypto-financial services, from stablecoin issuance to regulated money markets.
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact crypto.news@mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.
You May Also Like
Understanding the Difference Between Pi on Exchanges and Pi in Wallets
Understanding the Difference Between Pi on Exchanges and Pi in Wallets Pi Network is gaining increasing attention as it transitions from a mined cryptocurr
Share
Hokanews2026/04/01 21:01
BTC Leverage Builds Near $120K, Big Test Ahead
The post BTC Leverage Builds Near $120K, Big Test Ahead appeared on BitcoinEthereumNews.com. Key Insights: Heavy leverage builds at $118K–$120K, turning the zone into Bitcoin’s next critical resistance test. Rejection from point of interest with delta divergences suggests cooling momentum after the recent FOMC-driven spike. Support levels at $114K–$115K may attract buyers if BTC fails to break above $120K. BTC Leverage Builds Near $120K, Big Test Ahead Bitcoin was trading around $117,099, with daily volume close to $59.1 billion. The price has seen a marginal 0.01% gain over the past 24 hours and a 2% rise in the past week. Data shared by Killa points to heavy leverage building between $118,000 and $120,000. Heatmap charts back this up, showing dense liquidity bands in that zone. Such clusters of orders often act as magnets for price action, as markets tend to move where liquidity is stacked. Price Action Around the POI Analysis from JoelXBT highlights how Bitcoin tapped into a key point of interest (POI) during the recent FOMC-driven spike. This move coincided with what was called the “zone of max delta pain”, a level where aggressive volume left imbalances in order flow. Source: JoelXBT /X Following the test of this area, BTC faced rejection and began to pull back. Delta indicators revealed extended divergences, with price rising while buyer strength weakened. That mismatch suggests demand failed to keep up with the pace of the rally, leaving room for short-term cooling. Resistance and Support Levels The $118K–$120K range now stands as a major resistance band. A clean move through $120K could force leveraged shorts to cover, potentially driving further upside. On the downside, smaller liquidity clusters are visible near $114K–$115K. If rejection holds at the top, these levels are likely to act as the first supports where buyers may attempt to step in. Market Outlook Bitcoin’s next decisive move will likely form around the…
Share
BitcoinEthereumNews2025/09/18 16:40
Wormhole token soars following tokenomics overhaul, W reserve launch
Wormhole’s native token has had a tough time since launch, debuting at $1.66 before dropping significantly despite the general crypto market’s bull cycle. Wormhole, an interoperability protocol facilitating asset transfers between blockchains, announced updated tokenomics to its native Wormhole (W) token, including a token reserve and more yield for stakers. The changes could affect the protocol’s governance, as staked Wormhole tokens allocate voting power to delegates.According to a Wednesday announcement, three main changes are coming to the Wormhole token: a W reserve funded with protocol fees and revenue, a 4% base yield for staking with higher rewards for active ecosystem participants, and a change from bulk unlocks to biweekly unlocks.“The goal of Wormhole Contributors is to significantly expand the asset transfer and messaging volume that Wormhole facilitates over the next 1-2 years,” the protocol said. According to Wormhole, more tokens will be locked as adoption takes place and revenue filters back to the company.Read more
Share
Coinstats2025/09/18 02:41
