Get the latest tech news

Paxos Mistakenly Issues $300 Trillion of PayPal Stablecoin, Exceeding Global Currency Supply

Paxos mistakenly minted $300 trillion of PayPal's PYUSD stablecoin on Wednesday during an internal transfer. Within minutes, the company identified the error and burned the excess tokens. The transaction appeared on Etherscan, then was quietly reversed before any funds moved or users were harmed. ...

None

Get the Android app