Paxos Mistakenly Pays $500,000 Fees for $2,000 Bitcoin Transfer
Paxos mistakenly overpaid $500,000 in fees for a $2,000 Bitcoin transfer. However, all user funds are safe and unaffected. Learn more about this error and its aftermath.
Posted 10 months ago in Bitcoin
![A graphical representation of Bitcoin and dollar bills.](https://cdn.midjourney.com/c8944417-0315-4459-839d-0551cb592538/0_3.png)
The account that paid $500,000 to move $2,000 worth of Bitcoin was a Paxos server, the company stated.
Last updated 9/13/2023, 11:40:08 PM
![](https://cryptocat.ai/public/view.png)
Related Articles
![Bitcoin price chart showing upward trend](https://cdn.midjourney.com/7f4cb9f5-3374-46f0-a94b-dc4047631b88/0_1.png)
Bitcoin Defies Bearish Prediction: Analyst Benjamin Cowen's $23,000 Forecast Proven Wrong
Posted 9 months ago in Bitcoin
![A graph showing the decline in Bitcoin supply on exchanges and its correlation to the price trends.](https://cdn.midjourney.com/7f47ba1f-3134-4cd4-8477-333b6fc7b534/0_1.png)
Bitcoin (BTC) Supply on Exchanges Nears Yearly Low – Will it Impact October Prices?
Posted 10 months ago in Bitcoin
![A graph depicting the historical returns of Bitcoin in different quarters of the year](https://cdn.midjourney.com/6ce96cf9-1d7f-4a21-b103-cf8a729635d8/0_0.png)
Why Buying Bitcoin at the End of September Could Be a Profitable Opportunity
Posted 10 months ago in Bitcoin
Related Questions
News Letter
Subscribe to the CryptoCat.ai newsletter to stay updated with the latest cryptocurrency news, insightful articles, market trends, and more – delivered directly to your inbox!
Is email too old school? Well you can get your news directly on twitter just by following us