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      Payy Suspends Operations Following $1.92 Million USDC Theft

      Payy, a cryptocurrency platform, has suspended its network operations after a significant security breach resulted in the theft of approximately $1.92 million in USDC. The stolen funds were initially converted into about 683 ETH, which were subsequently transferred to three different wallets.

      In response to the incident, Payy has halted all deposits, withdrawals, and card payment services to mitigate further risks. The company is currently investigating the breach and working to secure its platform against future attacks.

      © 2026 KLEA News. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

      Source: KLEA News

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      Terra Founder Do Kwon Sentenced to 15 Years in Prison for Fraud