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Payy Pauses Network After $1.92 Million USDC Drain

TokenPost·September 24, 2026·1 min read
Payy Pauses Network After $1.92 Million USDC Drain

Payy paused deposits, withdrawals, and card payments after a $1.92 million USDC drain. The stolen funds were converted into about 683 ETH, with most later sent to three wallets. The network halted operations to address the incident, leaving users unable to access funds until further notice.

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