In an unexpected and almost surreal incident, Paxos, the issuer behind PayPal’s PYUSD stablecoin, mistakenly minted …
Tag:
Paxos
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Market Insights
Paxos’ 300 trillion fat finger raises concerns over PYUSD integrity
by adminby adminWhale alerts began to blare across the cryptosphere yesterday after Paxos minted 300 trillion of PayPal’s …
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DeFi Insights
Paxos Fat-Fingers $300T of PayPal’s PYUSD, Outpacing U.S. Dollar’s (USD) $2.4T Supply
by adminby adminOn Wednesday, stablecoin issuer Paxos accidentally minted $300 trillion worth of PayPal Holdings Inc.’s PYUSD stablecoin …
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NFT & Gaming
Printing Money: Paxos Mints, Then Burns $300 Trillion in PayPal Stablecoins
by adminby adminCrypto industry observers were baffled Wednesday afternoon when an on-chain transaction showed that Paxos, the issuer …
