In an unfortunate turn of events, three ex-team members of the PEPECoin project have been accused of stealing $16 million worth of tokens from the project’s multisig wallet. The remaining member now has full control of the project, but faces challenges in moving forward. Despite this setback, the community remains hopeful for a future where the project can thrive without any negligent team members or locked multisig situations. The price of PEPECoin has seen a slight increase amidst the turmoil.

The founder of dYdZX, Antonio Juliano, believes that early-stage crypto projects can scale faster by ignoring U.S. customers and focusing on markets outside the U.S. In a recent Twitter thread, Juliano emphasized that builders should prioritize growth and user adoption in friendlier overseas markets before returning to the U.S. in the future. He suggested that by finding product-market fit and building large user bases internationally, crypto builders can have more influence on U.S. policy…

In the second quarter of 2023, Exodus, a multichain wallet, reported a revenue decline of 4% year-over-year, amounting to $12.4 million. Despite the decrease, the company managed to reduce costs by 6%. The majority of revenue was generated through the exchange aggregation business, while fiat onboarding revenue experienced a significant increase of 220% compared to the previous year. The top assets traded during the quarter were Bitcoin, Tether, and EtherEther (ETH) is used to pay for computation and token swaps on Ethereum. Users "fuel" smart contracts and DApps with ETH.. Monthly active users decreased by…