Cybersecurity

UsePaid suspends X Money payments after volume spike

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Solana-based DeFi protocol UsePaid has temporarily suspended its X Money payments due to "payment issues" following a significant surge in transaction volume. This situation is relevant to those following fintech and decentralized finance, as it indicates potential scalability challenges for platforms integrating with new payment systems. Users are advised to note that existing balances are safe but a temporary claims portal will be introduced.

Read the full article at Protos

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