Paxos Accidentally Mints and Burns Trillions in PayPal Stablecoins
A technical error led stablecoin issuer Paxos to briefly mint and then burn 300 trillion PayPal USD, causing a temporary trading halt for the asset.
Paxos Accidentally Mints Trillions in Stablecoins, Quickly Burns Them
Paxos mistakenly minted and burned 300 trillion PayPal stablecoins (PYUSD) due to an internal technical error, causing a temporary halt in PYUSD trading on Aave.
US Government Moves Bitcoin to New Wallet
The U.S. government transferred a significant amount of Bitcoin, prompting market watchers to consider potential impacts on liquidity and future supply.
