For a brief moment on Wednesday, the blockchain tied to PayPal’s stablecoin looked like something out of science fiction. Paxos, the crypto company that issues the PayPal USD (PYUSD) token, accidental...
Paxos’ accidental $300 trillion mint of PYUSD being quickly flagged by crypto pundits shows how blockchain offers a level of transparency that banks can’t offer. Paxos’ accidental minting of $300 tril...
A fat-finger mistake, or a hack? Crypto traders are confounded after $300 trillion worth of PayPal’s PYUSD was minted and then burned. Crypto industry observers were baffled Wednesday afternoon ...