💥 Gate Square Event: #PostToWinCGN 💥
Post original content on Gate Square related to CGN, Launchpool, or CandyDrop, and get a chance to share 1,333 CGN rewards!
📅 Event Period: Oct 24, 2025, 10:00 – Nov 4, 2025, 16:00 UTC
📌 Related Campaigns:
Launchpool 👉 https://www.gate.com/announcements/article/47771
CandyDrop 👉 https://www.gate.com/announcements/article/47763
📌 How to Participate:
1️⃣ Post original content related to CGN or one of the above campaigns (Launchpool / CandyDrop).
2️⃣ Content must be at least 80 words.
3️⃣ Add the hashtag #PostToWinCGN
4️⃣ Include a screenshot s
Paxos destroyed 300 trillion dollars of stablecoin after a minting error, CEO says transparency is the advantage of Blockchain.
According to Mars Finance, Paxos CEO Charles Cascarilla stated on Wednesday during the Fed's cryptocurrency roundtable that the company accidentally minted a PayPal stablecoin worth 3 trillion USD, (PYUSD), due to an internal technical error, and destroyed it all within 24 minutes. This amount exceeds twice the global GDP. Cascarilla attempted to redefine this incident as a manifestation of blockchain transparency, stating that it actually demonstrates the transparency that Blockchain can provide instantly.