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

“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.”

Other Episodes

Headlines | Top Stories of the Week 08-21-23

Aug 26, 2023

Mastercard, Binance to End Crypto Card Partnership; Why Meme Coin PEPE Is Tumbling

Aug 25, 2023

FTX Wants Galaxy to Manage its Crypto Billions; ‘Napoleon Dynamite’ Star Jon Heder’s Journey to World of Web3

Aug 24, 2023

Sam Bankman-Fried’s Defense Strategy; FBI’s North Korean Crypto Hacker Warning

Aug 23, 2023

Binance’s Reported Russia Risk; Coinbase Squares Circle

Aug 22, 2023

Friend.tech Becomes Massive Ether Money Machine; Mark Cuban Slams OpenSea’s NFT Royalty Policy Change

Aug 21, 2023

Headlines | Top Stories of the Week 08-14-23

Aug 18, 2023

Bitcoin Tumbles 11% This Week; A Payments Giant Dives Deeper Into CBDCs

Aug 18, 2023

Much-Hyped Shibarium Network’s Turbulent Start; Tether to Stop Support for Bitcoin Layer Omni

Aug 17, 2023

Hardware Wallet Maker Ledger Teams Up With PayPal; What FTX’s Sam Bankman-Fried Is ‘Freaking Out About’

Aug 16, 2023

Bankrupt Crypto Lender Celsius Reportedly Wants to Poll Customers; Coinbase’s International Push

Aug 15, 2023

Bernie Madoff’s Former Attorney Reacts to Sam Bankman-Fried Being Sent to Jail; Trump’s Crypto Bags

Aug 14, 2023

About

AboutMastheadContributorsCareersCompany News

Stay Updated

EventsCoinDesk StudiosFollow

Get In Touch

AdvertiseSitemap

The Fine Print

Ethics PolicyPrivacyDo Not Sell My Personal Information