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Today in crypto, Paxos says it “mistakenly” minted 300 trillion PayPal stablecoins; Coinbase Ventures backs Indian exchange CoinDCX at a $2.45 billion valuation amid its expansion into India and the Middle East, and analysts Tom Lee and Arthur Hayes double down on their $10,000 Ether price target for year-end.
A $300 trillion fat-finger, as Paxos accidentally mints PYUSD… before burning it
Blockchain data showed stablecoin issuer Paxos both minted and burned 300 trillion tokens of the PayPal USD stablecoin within 30 minutes, leaving many crypto…
