Bitget App
Trade smarter
Open
HomepageSign up
Bitget>
News>
Paxos: An error during internal transfers led to the over-minting of additional PYUSD, which has already been destroyed; no security vulnerabilities exist.

Paxos: An error during internal transfers led to the over-minting of additional PYUSD, which has already been destroyed; no security vulnerabilities exist.

金色财经2025/10/15 23:20

Jinse Finance reported that Paxos stated, "During an internal transfer process, an excess amount of PYUSD was mistakenly minted. Paxos immediately detected the error and destroyed the surplus PYUSD. This was an internal technical error, not a security vulnerability. Customer funds are safe, and we have already addressed the root cause." Previous reports indicated that Paxos minted 300 trillion PYUSD and destroyed it 20 minutes later.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!

You may also like

Trending news

More
1
CryptoQuant: The U.S. government currently holds 316,760 BTC
2
Over $127 million in liquidations in the past hour, mainly long positions

Crypto prices

More
Bitcoin
Bitcoin
BTC
$111,420.04
-1.10%
Ethereum
Ethereum
ETH
$4,059.68
-2.36%
Tether USDt
Tether USDt
USDT
$1
-0.03%
BNB
BNB
BNB
$1,185.53
-0.48%
XRP
XRP
XRP
$2.44
-2.62%
Solana
Solana
SOL
$194.4
-5.65%
USDC
USDC
USDC
$1
+0.02%
TRON
TRON
TRX
$0.3226
+0.59%
Dogecoin
Dogecoin
DOGE
$0.1995
-2.32%
Cardano
Cardano
ADA
$0.6771
-3.25%
How to sell PI
Bitget lists PI – Buy or sell PI quickly on Bitget!
Trade now
Become a trader now?A welcome pack worth 6200 USDT for new users!
Sign up now
Trade smarter