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Pepecoin Team Puts Blame on 'Bad Actors'; PayPal's Stablecoin Adoption Outlook

The most valuable crypto stories for Monday, August 28, 2023.
CoinDesk Podcast Network
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"The Hash" tackles today's biggest crypto news, including a closer look at how demand is shaping up for PayPal's new stablecoin, PYUSD. The CEO of Prime Trust says the crypto custodian has lost $8 million in a doomed Terra stablecoin investment. And, some rogue developers on the Pepecoin team were the ones who stole millions worth of pepe coin (PEPE) last week, a team member claimed on X (formerly Twitter).

See also:

Crypto Wallet Provider Ledger to Let Users Buy Bitcoin, Ether Through PayPal Account

How PayPal Upended the Crypto Debate in Washington D.C.

Prime Trust Lost $8M in Doomed Terra Stablecoin Investment

Pepecoin Says 'Bad Actors' on Team Stole $15M PEPE


This episode has been edited by senior producer Michele Musso and the executive producer is Jared Schwartz. Our theme song is “Neon Beach.”

Pepecoin Team Puts Blame on 'Bad Actors'; PayPal's Stablecoin Adoption Outlook