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

The most valuable crypto stories for Monday, August 28, 2023.

"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.”

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