Paxos confirms it’s fee blunder of $500K for $2K Bitcoin transfer
Payment platform Paxos has confirmed it was responsible for a mistaken Bitcoin transaction in which an account overpaid $500,000 in fees to move just $2,000 worth of Bitcoin. Speculation had initially arisen that PayPal was responsible for the transaction, but Paxos clarified that the error was its own. The mistake was due to a bug […]