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Paxos mistakenly mints about $300 trillion of the PayPal USD stablecoin (PYUSD), exceeding the roughly $2.4 trillion supply of U.S. dollars. The incident reflects a fat‑finger issuance that massively inflates the token’s reported supply.

Ripple partners with Immunefi to launch a bug bounty of up to $200,000 aimed at vulnerabilities in XRPL’s new institutional lending protocol. The program incentivizes security researchers to report critical flaws affecting the lending system.

Australia’s Home Affairs Minister announces sweeping powers to curb crypto ATMs, expanding the government’s ability to regulate or shut down such kiosks. The powers target cash‑to‑crypto services offered through ATM-style machines.

North Korean hackers target crypto developers through an open‑source software hub. The operation uses the platform as a vector to reach developers working on digital asset projects.