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Paxos CEO Sees PYUSD Minting Error as Potential Blockchain Transparency Boost

Paxos CEO Sees PYUSD Minting Error as Potential Blockchain Transparency Boost

The accidental minting of $300 trillion PYUSD tokens by Paxos highlighted blockchain transparency, as CEO Charles Cascarilla noted during a Federal Reserve roundtable. The error, caused by a manual op...

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1 min
Paxos CEO touts blockchain 'transparency success' after 300 trillion PYUSD accident

Paxos CEO touts blockchain 'transparency success' after 300 trillion PYUSD accident

Paxos CEO Charles Cascarilla has claimed that the accidental minting of $300 trillion PYUSD tokens was a success in terms of blockchain transparency, rather than a failure. He defended the Paxos ecosy...

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1 min
XDC Ventures Acquires Contour Network to Tokenize Trade Finance

XDC Ventures Acquires Contour Network to Tokenize Trade Finance

XDC Ventures, the investment arm of the XDC Network, announced the acquisition of Contour Network, reviving the blockchain platform for digitized letters of credit (LCs) and combining Contour’s global...

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1 min