Over 16 trillion tokens flowed out of the PEPE multisig wallet midday Thursday on its way to addresses associated with Binance, OXK, and Bybit. That action came shortly after on-chain sleuths noted troubling changes to the oversight of how that vault-like wallet handles transaction approvals.
- SEO Powered Content & PR Distribution. Get Amplified Today.
- PlatoData.Network Vertical Generative Ai. Empower Yourself. Access Here.
- PlatoAiStream. Web3 Intelligence. Knowledge Amplified. Access Here.
- PlatoESG. Automotive / EVs, Carbon, CleanTech, Energy, Environment, Solar, Waste Management. Access Here.
- PlatoHealth. Biotech and Clinical Trials Intelligence. Access Here.
- ChartPrime. Elevate your Trading Game with ChartPrime. Access Here.
- BlockOffsets. Modernizing Environmental Offset Ownership. Access Here.
- Source: https://www.coindesk.com/markets/2023/08/24/weird-pepe-transfers-spook-investors-and-prompt-12-plunge/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
- 15%
- 16
- Action
- addresses
- After
- and
- approvals
- associated
- binance
- Bybit
- came
- Changes
- Coin
- Coindesk
- crypto
- Crypto investors
- Handles
- How
- HTTPS
- images
- Investors
- ITS
- jpg
- meme
- meme coin
- Multisig
- noted
- of
- on
- On-Chain
- out
- Oversight
- pepe
- plato
- Plato Data Intelligence
- PlatoData
- plunge
- s
- Shortly
- that
- The
- thursday
- to
- Tokens
- transaction
- transfers
- Trillion
- troubling
- Wallet
- Way..
- with
- zephyrnet
More from CoinDesk
Uniswap Token Rallies After Being Added to Robinhood’s Crypto Trading Menu
Source Node: 1576774
Time Stamp: Jul 14, 2022
MicroStrategy Files to Sell Up to $500M of Stock to Fund Bitcoin Purchases
Source Node: 1661724
Time Stamp: Sep 9, 2022
First Mover Asia: Taipei Blockchain Week Imperiled by Government’s COVID-19 Quarantine; Bitcoin Rebounds Above $20K
Source Node: 1644268
Time Stamp: Aug 29, 2022
MakerDAO Approves Deployment of $100M USDC on DeFi Protocol Yearn Finance
Source Node: 1915457
Time Stamp: Jan 23, 2023
The New Crypto Bill Gary Gensler Doesn’t Want You to Know About
Source Node: 2715522
Time Stamp: Jun 9, 2023
Bernstein Says Polygon Blockchain Is Bringing Crypto to Consumers
Source Node: 1707635
Time Stamp: Sep 29, 2022
FTX Bankruptcy Judge Says U.S. Courts Should Have Full Control Over $7.3B in Disputed Assets
Source Node: 2708844
Time Stamp: Jun 8, 2023
Digital Asset Manager Safe to Offer Governance Token for SafeDAO
Source Node: 1700679
Time Stamp: Sep 28, 2022
Defunct Crypto Exchange Mt. Gox to Set Creditor Repayment Date 'in Due Course'
Source Node: 1649003
Time Stamp: Sep 1, 2022