rest of the world = gold , usa = btc

where u support ?

Old school = gold
New Gen = crypto

Paxos, the blockchain partner of PayPal, mistakenly minted $300 trillion worth of the online payment giant’s stablecoin on Wednesday in what the company called a “technical error.”

Market watchers had spotted the enormous injection of the PayPal PYUSD stablecoin on Etherscan — a block explorer and analytics platform for the Ethereum blockchain.

Paxos had mistakenly minted the stablecoins as part of an internal transfer, before it “immediately identified the error and burned the excess PYUSD,” the company said in a social media statement.

“This was an internal technical error. There is no security breach. Customer funds are safe. We have addressed the root cause,” it added. PayPal didn’t respond to an inquiry from CNBC outside of regular business hours.

Transactions on Etherscan showed that the mistake had been fixed after about 20 minutes.

PYUSD is advertised as a dollar-pegged stablecoin that is fully backed by U.S. dollar deposits, U.S. treasuries and similar cash equivalents. Therefore, PayPal says the tokens are always redeemable for U.S. dollars on a 1:1 basis.

However, the technical error highlights that the dollar peg is guaranteed by PayPal and its independent third-party attestation reports, rather than intrinsically tied to the minting of a stablecoin.

There aren’t enough dollars in global circulation to back $300 trillion PYUSD, which would theoretically require more than double the world’s estimated total GDP.

Paxos’ error comes at a time when stablecoins are becoming more mainstream as its adopted by an increasing number of banks and payment platforms.

PYUSD is currently the sixth-largest stablecoin in the world with a market capitalization of over $2.6 billion, according to data from CoinMarketCap.

https://www.cnbc.com/2025/10/16/paypals-cry...ical-error.html

Bitcoin worth $14bn seized in US-UK crackdown on alleged scammers. So easy?

https://www.bbc.com/news/articles/c70jw436n0yo

I'm tired boss, maybe time to just put everything in EPF

if you bought your bitcoin long time ago below 30k or lower than that....you're still on insane profit and worth hodling...

if you bought your bitcoin long time ago below 30k or lower than that....you're still on insane profit and worth hodling...

The almighty death cross is upon us.

Is 94–95k forming a bottom, possibly an exhaustion bottom? 
If it declines to 94k next week, it may continue downward

down is more dasyat than up as no retrace at all for these few days!

Yup, liquidations go wild on every move once we go under 94/93k. Making it an ultimate support test over and over again and people get wrecked.

The almighty death cross is upon us.

Is 94–95k forming a bottom, possibly an exhaustion bottom? 
If it declines to 94k next week, it may continue downward

Wait, you were saying 94k next week? Already 90k today 🙊

Ya, based on the previous three death crosses that formed bottoms, reactions show up within a week. This time is different, sellers were more aggressive than I expected and high volume.
Be cautious when bottom fishing in a bear market , don't try to catch a falling knife.