PayPal Holdings, Inc.'s move into stablecoins like PYUSD offers growth potential as crypto adoption rises. Click for my ...
Paxos’ $300 trillion PYUSD minting error exposes critical flaws in stablecoin safeguards and proof-of-reserve systems.
Paxos accidentally printing a large number of stablecoins is not such a big deal. Industry observers overreacted to the issue ...
Before Paxos called the move an “internal technical error,” crypto users speculated what was behind a 300 trillion PYUSD mint ...
A blunder by stablecoin issuer Paxos briefly sent the market cap of PayPal USD (PYUSD) to $300 trillion, exceeding global GDP ...
Paxos mistakenly minted $300 trillion worth of PayPal USD (PYUSD) during an internal transfer error. The amount was nearly ...
Paxos mistakenly minted $300 trillion PYUSD due to a technical error, burned it in minutes, and confirmed no user funds were ...
On Wednesday, stablecoin issuer Paxos accidentally minted $300 trillion worth of PayPal Holdings Inc.’s PYUSD stablecoin on ...
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Paxos accidentally mints $300 trillion in PayPal stablecoin
Paxos mistakenly minted $300 trillion worth of PayPal USD (PYUSD) stablecoins on Ethereum before burning them within minutes.
Earlier this week, PayPal's blockchain partner Paxos mistakenly minted a very large amount of unbacked PYUSD stablecoin, $300 ...
An internal error worth more than double the world's GDP highlights both the operational risks and the transparent, ...
PayPal's blockchain partner Paxos announced it accidentally minted $300 trillion in stablecoin Wednesday as part of what it ...
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