minting

TrueUSD pauses minting of TUSD via Prime Trust, stablecoin briefly depegs

0xMain
June 10, 2023

briefly, depegs, Hacking, minting, pauses, Prime, stablecoin, TrueUSD, trust, TUSD

TrueUSD (TUSD) has halted the minting of TUSD stablecoin tokens via fintech infrastructure provider, Prime Trust, causing a brief depegging. TrueUSD pauses minting of TUSD on Prime Trust In a June 10 post on its verified Twitter account, TrueUSD informed its users that...

Solana NFT minting now cheaper with new technology

0xMain
April 6, 2023

cheaper, Hacking, minting, NFT, Solana, Technology

The Solana Foundation has revealed that minting 1 million NFTs on Solana now costs much less, owing to a new technology that helps to substantially lower costs by introducing an innovative mechanism to store NFTs on-chain. Solana introduces state compression Despite its comparably...

Paxos to stop minting new BUSD stablecoin

0xMain
February 13, 2023

BUSD, Hacking, minting, Paxos, stablecoin, stop

Hours after the US Securities and Exchange Commission (SEC) had issued a Wells notice to Paxos, the issuer of BUSD, the company was reportedly told to stop issuing the stablecoin. New York regulator orders Paxos to stop new BUSD minting Changpeng Zhao, the...