{"id":1842,"date":"2023-05-12T07:50:45","date_gmt":"2023-05-12T02:20:45","guid":{"rendered":"https:\/\/news.cetoex.com\/?p=1842"},"modified":"2023-05-12T07:50:46","modified_gmt":"2023-05-12T02:20:46","slug":"coinbase-says-it-screwed-up-in-apology-over-pepe-coin-coverage","status":"publish","type":"post","link":"https:\/\/news.cetoex.com\/coinbase-says-it-screwed-up-in-apology-over-pepe-coin-coverage\/","title":{"rendered":"Coinbase Says it \u201cScrewed Up\u201d in Apology Over Pepe Coin Coverage"},"content":{"rendered":"\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/watcher.guru\/news\/wp-content\/uploads\/2023\/05\/ezgif-3-2a719c7fa7-800x450.jpg.webp\" alt=\"Coinbase Unveils Its New International Crypto Exchange\"\/><\/figure>\n\n\n\n<p class=\"has-medium-font-size\"><strong>Cetoex News &#8211; <\/strong> One of the largest cryptocurrency exchanges, Coinbase, has said it \u201cscrewed up\u201d in an apology for its Pepe Coin coverage. Specifically, the exchange\u2019s chief legal officer, Paul Grewal, issued the apology after calling the original meme a \u201chate symbol,\u201d in a\u00a0recent newsletter.\u00a0<\/p>\n\n\n\n<p class=\"has-medium-font-size\">\u201cWe screwed up, and we are sorry,\u201d Grewal said in a\u00a0tweet Thursday. Additionally, Grewal admitted that the information the exchange shared regarding the meme coin \u201cdid not provide the whole picture,\u201d of the meme\u2019s history.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-coinbase-apologizes-for-pepe-statements\">Coinbase Apologizes for Pepe Statements<\/h2>\n\n\n\n<p class=\"has-medium-font-size\">The\u00a0Pepe Coin\u00a0has experienced a meteoric rise within the digital asset community. Moreover, it has been one of the stories of the year, as the meme coin has become a consistent headline within the cryptocurrency community. Catapulting to the top three meme coins.<\/p>\n\n\n\n<p class=\"has-medium-font-size\">Now, in response to previous statements made by the exchange, Coinbase says it \u201cscrewed up\u201d in an apology for its Pepe Coin coverage. Moreover, Grewal issued a statement acknowledging the exchange\u2019s wrongdoing. Specifically in regard to the information it shared regarding the original meme.<\/p>\n\n\n\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/watcher.guru\/news\/wp-content\/uploads\/2023\/05\/Pepe_Coins_1682563926-2-1024x576.jpg.webp\" alt=\"Pepe Coin: Whales Scoop Up PEPE, Another Bullish Run Soon?\" class=\"wp-image-89188\"\/><figcaption class=\"wp-element-caption\">Source: Outlook India<\/figcaption><\/figure>\n\n\n\n<p class=\"has-medium-font-size\">\u201cYesterday we shared an overview of the PEPE meme coin to provide a fact-based picture of a trending topic,\u201d Grewal shared. \u201cThis did not provide the whole picture of the history of the meme, and we apologize to the community.\u201d&nbsp;<\/p>\n\n\n\n<p class=\"has-medium-font-size\">The original Pepe coin coverage was issued in a newsletter that was published on Wednesday. Conversely, certain aspects have since been edited out, but not before setting off a fiery response from Twitter circles. Specifically, early Thursday, as the #deletecoinbase hashtag trended on the platform.&nbsp;<\/p>\n\n\n\n<p class=\"has-medium-font-size\">Despite its rapid ascension, Pepe Coin has seen a cooldown over the past few days. Currently, the meme coin is down almost 15% over the last 24 hours, and trading at $0.00000158, according to\u00a0CoinMarketCap.\u00a0<\/p>\n\n\n\n<p><\/p>\n\n\n\n<p class=\"has-medium-font-size\"><strong>NEWS BY &#8211; CETOEX NEWS<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Cetoex News &#8211; One of the largest cryptocurrency exchanges, Coinbase, has said it \u201cscrewed up\u201d in an apology for its Pepe Coin coverage. Specifically, the exchange\u2019s chief legal officer, Paul&hellip; <\/p>\n","protected":false},"author":1,"featured_media":1843,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"rank_math_lock_modified_date":false,"footnotes":""},"categories":[24],"tags":[41,44,296,106,26,775],"class_list":["post-1842","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-alt-coin","tag-cetoex","tag-cetoex-news","tag-coinbase","tag-crypto","tag-cryptocurrency","tag-pepe-coin"],"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/news.cetoex.com\/wp-content\/uploads\/2023\/05\/ezgif-3-2a719c7fa7-800x450.jpg.webp","_links":{"self":[{"href":"https:\/\/news.cetoex.com\/wp-json\/wp\/v2\/posts\/1842"}],"collection":[{"href":"https:\/\/news.cetoex.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/news.cetoex.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/news.cetoex.com\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/news.cetoex.com\/wp-json\/wp\/v2\/comments?post=1842"}],"version-history":[{"count":1,"href":"https:\/\/news.cetoex.com\/wp-json\/wp\/v2\/posts\/1842\/revisions"}],"predecessor-version":[{"id":1844,"href":"https:\/\/news.cetoex.com\/wp-json\/wp\/v2\/posts\/1842\/revisions\/1844"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/news.cetoex.com\/wp-json\/wp\/v2\/media\/1843"}],"wp:attachment":[{"href":"https:\/\/news.cetoex.com\/wp-json\/wp\/v2\/media?parent=1842"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/news.cetoex.com\/wp-json\/wp\/v2\/categories?post=1842"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/news.cetoex.com\/wp-json\/wp\/v2\/tags?post=1842"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}