Paxos Trust Company, the cryptocurrency firm behind PayPal's stablecoin, said it is applying to create a national trust bank in the U.S., joining a raft of digital asset companies looking to gain ...

The mistaken transaction was first discovered on Sept. 10 and was suspected to be a payment processor, but the company behind it was not known at the time.

Paxos recently announced it is launching "an engineering research & development center of security and cryptography excellence in Israel." ...