one mistake shouldn't mint trillions. today's PYUSD overminting incident shows how a single unscoped transaction can cascade instantly onchain. Zodiac fixes this: 🔸Roles = securely permission sensitive operations 🔸Pilot = simulate + review before execution

Paxos
@Paxos
10-16
At 3:12 PM EST, Paxos mistakenly minted excess PYUSD as part of an internal transfer. Paxos immediately identified the error and burned the excess PYUSD.
This was an internal technical error. There is no security breach. Customer funds are safe. We have addressed the root
Sector:
From Twitter
Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
Like
Add to Favorites
Comments
Share
Relevant content




