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Payy Halts Network After $1.92 Million USDC Drain

The initial proceeds were converted into about 683 ETH, with most then sent to three wallets. Payy has paused deposits, withdrawals and card payments.

The Defiant TeamThe Defiant · September 24, 2026 · 2d ago

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Loss events reprice related tokens and counterparties first. Confirm what was taken, what was recovered, and whether a chain or a custodian is in scope.

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