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Daily Crypto News

Aug 28: Pepecoin, Prime Trust, Stablecoins, and More

12 min • 28 augusti 2023

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 👇


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! 


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