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 data-ct-non-breakable=”null” href=”https://cointelegraph.com/news/aave-freezes-pyusd-markets-after-unprecedented-300t-mint-and-burn” title=”null”>minted and burned 300 trillion tokens of the PayPal USD stablecoin within 30 minutes, leaving many crypto…

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