A technical malfunction caused Paxos to accidentally mint $300 trillion worth of PYUSD stablecoin on Wednesday afternoon, a sum dwarfing the global GDP before the blockchain infrastructure firm burned all ...
In a startling technical mishap, Paxos, the issuer of PayPal’s dollar-backed cryptocurrency accidentally minted 300 trillion PYUSD stablecoin tokens on the Ethereum blockchain late Wednesday. The error, which occurred at ...
The Global Dollar Network (GDN), a major alliance of crypto industry leaders, has made its European debut with the launch of USDG, a regulated dollar-pegged stablecoin issued by Paxos. Backed by major players ...
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