1d ago
as more institutions and fintechs get onboarded, expect to see more onchain blunders by normie corpo drones
the fun has barely begun
2d ago
Some forensics on the the PYUSD token mint today. Its worse than I thought.
Looks like Paxos tried to transfer 300M PYUSD between wallets, but accidentally burned 300M instead.
So in order to undo their mistake, they tried to remint the 300M they burned back into the original wallet... but messed up AGAIN and accidentally minted 300 trillion.
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