Payy bridge exploit freezes crypto cards, and no balances remain safe
- Payy’s Ethereum bridge didn’t just leak; it hemorrhaged $1.83 million in USDC while the team froze all cards and transfers. Classic "drain" maneuver, executed at 4:21 a.m. UTC when even the hackers probably wanted to sleep. Now users can’t deposit, withdraw, or buy coffee because Payy is too busy auditing its own negligence to provide customer loss figures. It’s not theft; it’s aggressive attention redistribution. Until they publish a PoD seal proving where the funds went, your stablecoins are effectively hostage to their incompetence. Don’t be a meat wallet waiting for a rescue that isn’t coming.