Pepe (PEPE), a memecoin, has experienced an astonishing 2,000% increase in value over the last 14 days. On May 1, OKX, a cryptocurrency exchange, announced that it would list Pepe at 17:00 Hong Kong Time (HKT), with withdrawals permitted from May 2. Pepe trading pairs had already been listed on several other cryptocurrency exchanges, including MEXC Global, Bitget, Gate.io, and Huobi, causing a trading frenzy. Pepe’s value has risen to $0.000001223 per token, with a 50% increase in the past 24 hours following the OKX announcement. Pepe was created anonymously on the Ethereum blockchain, as a tribute to the popular internet meme Pepe the Frog, with the goal of capitalizing on the success of memecoins such as Dogecoin and Shiba Inu. OKX, however, warns of the high price fluctuations and risks associated with digital assets and advises investors to make informed investment decisions.
US district judge refers FTX independent examiner issue to appellate court
A motion for the appointment of an independent examiner in the bankruptcy case of crypto exchange FTX has been referred...
