2025-10-16 00:02 |
Crypto users were left scrambling on Wednesday after Paxos minted 300 trillion of PayPal's PYUSD stablecoin, then sent it all to a burn address. origin »
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At 3:12 PM EST, blockchain watchers froze as Paxos, the regulated issuer behind PayPal USD (PYUSD), mistakenly minted $300 trillion worth of PYUSD in a single transaction. Just 22 minutes later, the entire amount was burned, as if it never happened.
2025-10-19 16:01 | |
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В начале августа платежная система PayPal объявила о выпуске собственного стейблкоина PYUSD, привязанного к доллару США. Токен развернут на эфириуме, его эмитентом выступает компания Paxos. На минувшей неделе она опубликовала финансовую отчетность.
2023-9-19 08:07 | |
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Blockchain infrastructure platform Paxos is said to be behind what appears to be the largest fee paid for one Bitcoin transaction. Paxos, a New York-based regulated blockchain firm behind stablecoins PYUSD, BUSD and USDP, appears to be the entity that…
2023-9-14 13:40 | |
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A Paxos report reveals that the circulation of PayPal's PYUSD remains low but is overcollateralized
2023-9-14 22:49 | |
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По состоянию на 31 августа общая сумма активов на счете PayPal «соответствует или превышает баланс токенов PYUSD». Об этом говорится в отчете партнера эмитента — фирмы Paxos. На указанную дату в обращении было PYUSD на сумму в $44,4 млн.
2023-9-14 20:45 | |
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Paxos has released a transparency report for PayPal's stablecoin, PYUSD, showing it is fully backed by US Treasury debt and cash deposits. An independent audit is planned for later this month. The post PayPal’s PYUSD is Fully Backed, Says Transparency Report appeared first on BeInCrypto.
2023-9-13 18:00 | |
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The total assets held in PayPal USD custody “meet or exceed the token balance,” with total tokens outstanding amounting to $44.4 million as of Aug. 31, Paxos report states.
2023-9-13 13:07 | |
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В начала августа компания PayPal объявила о намерении выпустить собственный стейблкоин, обеспеченный долларом США. Токен будет развернут в сети эфириума, его эмиссией займется Paxos. Bank of America считает, что стейблкоин PYUSD не будет пользоваться широкой популярностью на глобальном рынке.
2023-8-14 17:36 | |
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PayPal and Paxos dominated the news cycle on Monday with the announcement of the launch of the PayPal (PYUSD) stablecoin, but concerns have been raised about the possibility of user assets being frozen in their wallets, as is the case with USDT.
2023-8-9 01:00 | |
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Crypto infrastructure provider Paxos Trust is already working on other stablecoin projects similar to PayPal’s new PYUSD, said Paxos’ head of strategy Walter Hessert on CoinDesk TV on Tuesday.
2023-8-8 17:43 | |
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Для запуска стейблкоина PYUSD PayPal заключила сотрудничество с платформой Paxos. Платежный гигант PayPal объявил о том, что запускает долларовый стейблкоин, у которого будет паритет 1:1 к доллару США с возможностью обмена на американскую валюту в любое время.
2023-8-9 14:39 | |
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Representative Patrick McHenry, the US House Financial Services Committee chair, endorsed PayPal’s stablecoin, PYUSD, as a key pillar for modern payments. The endorsement was given on Aug. 7, shortly after PayPal announced the stablecoin launch in partnership with Paxos. In…
2023-8-8 12:54 | |
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Платежный гигант PayPal объявил о запуске «стабильной монеты» PayPal USD (PYUSD). Эмитентом выступает инфраструктурная компания Paxos. Согласно сообщению, актив полностью обеспечен «депозитами в долларах США, краткосрочными казначейскими векселями и аналогичными денежными эквивалентами».
2023-8-8 19:52 | |
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PayPal has announced the launch of its stablecoin PYUSD, backed by the US dollar and short-term treasuries, in partnership with Paxos. The post PayPal Announce Launch of Its Stablecoin PYUSD in Partnership With Paxos appeared first on BeInCrypto.
2023-8-7 17:55 | |
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PayPal (NASDAQ: PYPL) has today announced a US dollar-backed stablecoin dubbed PayPal USD (PYUSD). According to a press release the payments giant published on Monday, PayPal USD will be issued by Paxos Trust Co.
2023-8-8 16:53 | |
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MARA's Bitcoin transfer highlights the volatility and investor uncertainty in crypto markets, impacting related stocks and market sentiment. The post MARA Holdings transfers 1,318 Bitcoin to Galaxy Digital, Two Prime, and BitGo appeared first on Crypto Briefing.
The leading cryptocurrencies, Bitcoin (BTC), Ethereum (ETH), and Ripple (XRP) slip to multi-month lows on Thursday, erasing all gains since Donald Trump won the US presidential election in November 2024.
Even as losses mount, Metaplanet plans to raise $137 million to buy more Bitcoin and reduce debt.
Veteran trader Peter Brandt said Bitcoin could be approaching a potential downside floor, arguing that past bear market patterns suggest losses may be limited from current levels. “If Bitcoin digs into the banana peel as deeply as in past bear…
The initiative highlights the need for proactive measures in the crypto industry to safeguard against future technological threats. The post Strategy plans to launch Bitcoin security program to address quantum threats appeared first on Crypto Briefing.
Bitcoin’s slide below $65,000 on Thursday jolted markets and forced a simple, uncomfortable question: is this a blunt correction or the start of crypto’s next, messier phase? The drop was not driven by a single headline but by a confluence of flows and positioning, heavy ETF redemptions, a cascade of forced liquidations and thinner order […]
Strategy faces $7.5B paper loss as Bitcoin nears $65K while the stock tumbles 14% ahead of earnings with analysts expecting a Q4 loss. The post Strategy faces $7.5B unrealized loss as Bitcoin sinks near $65K ahead of Q4 earnings appeared first on Crypto Briefing.