The incident occurred at 3:12 PM EST and was immediately detected by Paxos’ monitoring systems. …
Tag:
PYUSD
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DeFi Trends
A $300 Trillion Fat-finger, as Paxos Accidentally Mints and Burns PYUSD
by adminby adminBlockchain data showed stablecoin issuer Paxos both minted and burned 300 trillion tokens of the …
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The accidental move briefly made PayPal’s PYUSD the largest stablecoin in the world before Paxos …
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Paxos accidentally minted $300 trillion in PYUSD today, prompting community incredulity. The firm quickly burned …
