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In an unexpected and almost surreal incident, Paxos, the issuer behind PayPal’s PYUSD stablecoin, …
The incident occurred at 3:12 PM EST and was immediately detected by Paxos’ monitoring …
TLDR Paxos mistakenly minted $300 trillion worth of PYUSD stablecoins on the Ethereum blockchain. …
Decentralized finance protocol Bunni suffered an $8.4 million exploit on September 2, after a …