Right here’s what occurred in crypto as we speak

Practically three weeks after its launch, the PayPal (NASDAQ:) USD stablecoin has attracted restricted adoption. Defunct crypto alternate FTX has introduced a cybersecurity breach involving its chapter case claims agent, Kroll, by which restricted, nonsensitive buyer knowledge of particular claimants was uncovered. In the meantime, the Pepecoin (PEPE) memecoin took a pointy dive in value after unusual token actions sparked fears of the start of a rug pull.

PayPal’s stablecoin sees restricted uptake post-launch

The launch of PayPal’s stablecoin, PayPal USD (PYUSD), has been met with restricted adoption to date, in accordance with on-chain knowledge compiled by Nansen.

FTX crypto alternate stories knowledge breach involving claims agent Kroll

PEPE plunges as unusual token actions spark fears of rug pull

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