Paxos' Trillion-Dollar Blunder: A Crypto Security Wake-Up Call
Update: 2025-10-23
Description
Paxos CEO reveals a $300 trillion stablecoin blunder! Find out how a simple calculation error led to the accidental minting of more than double the world's economy in PayPal's stablecoin, and why this high-profile slip-up could jeopardize Paxos' chances of securing a federal banking charter. Was it a security lapse or a blockchain stress test?
The Daily News Now! — Every city. Every story. AI-powered.
Hosted on Acast. See acast.com/privacy for more information.
Comments
In Channel