Aug 28: Pepecoin, Prime Trust, Stablecoins, and More
The last remaining founder of Pepecoin sees potential for the coin's revival despite recent challenges. Pepecoin experiences a significant drop as the team transfers a million dollars to exchanges. Prime Trust faces bankruptcy and an incident related to wallets. PayPal's stablecoin PYUSD faces low demand. Oman grapples with the classification of crypto investments under Sharia law. USDC market cap hits a two-year low, attributed to multiple factors. Friend Tech witnesses plummeting revenues as the hype around their social app cools.
#CryptocurrencyNews #Pepecoin #PrimeTrust #Stablecoins #USDC #FriendTech
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News Links ๐
https://decrypt.co/153894/last-remaining-pepecoin-founder-says-pepecoin-could-still-thrive
https://decrypt.co/153744/pepe-plummets-team-transfers-million-dollars-exchanges
https://decrypt.co/153954/prime-trust-bankruptcy-wallet-incident
https://unchainedcrypto.com/paypal-stablecoin-pyusd-faces-low-demand-report/
https://decrypt.co/153942/oman-crypto-investments-halal-haram-sharia-law
https://decrypt.co/153751/usdc-market-cap-plummets-2-year-low-heres-4-reasons-why
https://decrypt.co/153971/friend-tech-revenues-plummet-social-app-hype-cools
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***NOT FINANCIAL, LEGAL, OR TAX ADVICE! JUST OPINION! I AM NOT AN EXPERT! I DO NOT GUARANTEE A PARTICULAR OUTCOME I HAVE NO INSIDE KNOWLEDGE! YOU NEED TO DO YOUR OWN RESEARCH AND MAKE YOUR OWN DECISIONS! THIS IS JUST EDUCATION & ENTERTAINMENT!ย
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