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

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

27:35

FTX Wants Galaxy to Manage its Crypto Billions; 'Napoleon Dynamite' Star Jon Heder's Journey to World of Web3Aug 23, 2023Zack Seward is CoinDesk’s contributing editor-at-large. Up until July 2022, he served as CoinDesk’s deputy editor-in-chief. Prior to joining CoinDesk in November 2018, he was the editor-in-chief of Technical.ly, a news site focused on local tech communities on the U.S. East Coast.

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