Rogue Pepecoin team members blamed for $16M PEPE multsig withdrawal

    In an announcement to the PEPE community, it was claimed that three former members stole funds from the project and then handed over full control to the sole remaining member. The circumstances behind the mysterious $16 million withdrawal from the Pepecoin (PEPE) project’s multisig wallet have seemingly been revealed, with the finger being pointed at three ex-team…

    Crypto builders should ‘give up’ serving US customers for 5 to 10 years — dYdX founder

    The founder of dYdZX argued that early-stage crypto projects can scale faster by not serving U.S. customers, as they won’t have to deal with the hassles of the U.S. regulatory climate. Antonio Juliano, the founder of decentralized exchange dYdX thinks that crypto builders should forget about serving customers in the U.S. over the next five to 10…

    Num Finance launches Colombian peso stablecoin on Polygon

    Num Finance received $1.5 million in a pre-seed funding round in May and is now issuing stablecoins in the local currencies of Argentina, Peru and Colombia. Argentina-based Num Finance has gone live with a stablecoin pegged to the Colombian peso, the company announced Aug. 24 in an X post. The stablecoin — called nCOP —…

    PEPE plunges 15% as strange token movements spark fears of rug pull

    The price of Pepe has plummeted 15% after developers sent nearly 4% of the memecoin’s total supply to exchanges without warning. The price of the frog-themed memecoin Pepe has plunged nearly 15% after recent changes to a multisig wallet and new token transfers ignited fears of a “rug pull” by its developers. The allegations — as well as the…

    Base, Optimism unveil shared governance and revenue-sharing framework

    The two networks will share profits and governance using multisignature wallets, and a “security council” will be formed as the ecosystem grows. Developers behind the Base and Optimism networks have jointly announced a revenue-sharing and governance-sharing agreement. Coinbase, the parent company of Base, has also published a list of “principles of neutrality” it will follow…

    Kresus launches curated marketplace for Polygon projects

    Web3 developer KresusLabs announced the launch of Kresus Market, a curated marketplace that acts as a portal to Polygon projects, on Aug. 23. Unveiling The #Kresus Marketplace: A Curated Marketplace To Explore What Polygon Has to Offer!https://t.co/PiYVx9kwUb The world of crypto can be overwhelming, so we made the Kresus Marketplace to make navigating it easier…