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Blockchain Security

Paxos Briefly Mints Trillions in PYUSD: A Startling Stablecoin Glitch and Its Ramifications

Olowo -
A technical glitch led Paxos to briefly mint $300 trillion in PYUSD, PayPal's stablecoin, before immediate correction. We analyze the implications.
Crypto Security

Aave Freezes PYUSD Markets Amidst Unprecedented 300 Trillion Token Incident

Olowo -
Aave has frozen its PYUSD markets following an unprecedented 300 trillion token mint and burn event, raising concerns over stablecoin stability and DeFi security.
Institutional Adoption

Stablecoin Market Soars Past $300 Billion as Visa and PayPal Embrace Digital Currencies

Olowo -
The stablecoin market hits a record $300B cap, fueled by increased utility and major players like Visa & PayPal entering the digital currency space.

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