PayPal Partner Mistakenly Mints $300 Trillion in PYUSD, Then Burns It
Paxos, the issuer behind PayPal’s PYUSD stablecoin, accidentally minted $300 trillion in excess tokens before swiftly burning the surplus and calling it a 'technical error.'
News - Page 68
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Latest News
Gold Tops $4,200 an Ounce in Fresh Record as Safe-Haven Demand Accelerates
Gold prices hit a new all-time high above $4,200 per ounce as investors reacted to deepening U.S.-China trade tensions and rising bets on further Federal Reserve...
Binance Rolls Out $400M ‘Together Initiative’ to Support Users & Institutions
Binance has unveiled a $400 million 'Together' initiative that includes a $300M USDC compensation program and a $100 million institutional support fund, as the exchange moves...
Gold Soars to Record $4,179 as Rate Cut Bets and Trade Tensions Drive Rush to Safety
Gold hit a record $4,179 per ounce on Tuesday as investors piled into safe-haven assets amid escalating US-China trade tensions and expectations for deeper Federal Reserve...
BlackRock’s Assets Hit Record $13.46 Trillion as Q3 Earnings Beat Forecasts
BlackRock’s assets under management climbed to a record $13.46 trillion in the third quarter, driven by $205 billion in inflows, record ETF demand, and rising technology...
Broadcom Shares Surge After OpenAI Partnership for Custom AI Chips
Broadcom stock jumped after OpenAI announced a partnership to co-develop 10 gigawatts of custom AI accelerators, expanding the chipmaker’s foothold in next-generation data infrastructure.
Trump Holds $870M in Bitcoin, Ranks Among Top U.S. Crypto Investors
Donald Trump is now estimated to hold $870 million in Bitcoin, placing him among the largest individual crypto holders in the U.S.
$11B Whale Launches $900M Short Attack Against BTC and ETH
A crypto whale placed a $900 million short bet against Bitcoin and Ethereum, signaling growing bearish sentiment amid volatile market conditions.
Trump’s 100% Tariff Threat on China Sparks $18 Billion Crypto Liquidation
President Trump announced plans to impose an additional 100% tariff on Chinese imports, triggering an estimated $18 billion sell-off in crypto markets as investors react to...
Citigroup Sees Up to $20 Billion in India IPOs Over Next Year
Citigroup projects that Indian companies could raise as much as $20 billion via IPOs in the coming year, signaling strong momentum in equity capital markets.
WeWork India Shares Fall in Tepid Trading Debut After $338 Million IPO
WeWork India’s stock slipped nearly 2% from its ₹648 IPO price during its trading debut, as investors expressed caution over valuation and governance.
Barry Silbert’s Yuma Launches AI-Crypto Asset Manager with $10M DCG Seed
Barry Silbert is launching Yuma Asset Management, backed by $10 million from DCG, to invest in AI-crypto infrastructure via Bittensor subnet tokens.