PayPal stablecoin threatens basic crypto tenets, but also poses upside
PayPal's initiative for a new stablecoin could be a threat to what many crypto evangelists hold dear — decentralization.
PayPal Held $604M of Customers' Crypto as of Year-End 2022
The payments company held $291 million of bitcoin and $250 million of ether, with the rest comprising litecoin and bitcoin cash.
PayPal Held Over $500M in Bitcoin, Ethereum Last Quarter
As per PayPal's latest financial filing, the payments giant held $291 million in Bitcoin and $250 million in Ethereum.
Ledger launches PayPal integration for buying bitcoin and ether
Ledger and PayPal team up for payment integration designed to streamline U.S. customers purchasing cryptocurrency.
PayPal Pauses Stablecoin Work Amid Regulatory Scrutiny of Crypto
(Bloomberg) -- PayPal Holdings Inc. is pausing work on its stablecoin as regulators increase scrutiny of cryptocurrencies and a key partner in the project faces a probe by the New York State Department of Financial Services.Most Read from BloombergRussia
Coinbase takes stake in Circle, launching USDC on six new blockchains
Crypto exchange Coinbase said Monday that it is increasing its support for stablecoins with an investment in Circle.
PayPal pauses stablecoin work amid regulatory scrutiny of crypto - Bloomberg News
PayPal had hoped to debut the stablecoin, which will be backed one for one by the dollar, in the coming weeks, Bloomberg reported, citing a person with knowledge of the matter. The macroeconomic weakness has also begun to pressure growth at PayPal's core
Colorado DMV Now Accepts Bitcoin Payments Via PayPal
As of now, PayPal is the sole cryptocurrency provider accepted for online DMV payments.
PayPal rolls out crypto-for-USD conversion service
PayPal's new crypto service is available to wallets, dApps and NFT marketplaces, and it's also live on MetaMask.
PayPal just paused its plan to release a stablecoin after reports its partner is under investigation amid a larger crypto crackdown
The reported pause follows a month of concerted federal and state regulatory actions against crypto companies.
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Cathie Wood’s ARK reportedly ‘first in line’ for a spot Bitcoin ETF
ARK Invest filed for a spot Bitcoin ETF in collaboration with 21Shares long before BlackRock did, and its application is reportedly first in line for the SEC’s approval.
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Dogecoin Whales Fill Up Their Bags As Price Rallies – How Much DOGE Did They Buy?
Interestingly, the price surge was on the back of increased activity from whales, as indicated by on-chain data. The increased activity led to an increased"/>
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Solana Surging Ahead Of Ethereum In This Particular Metric
Recent market dynamics have seen Solana struggling to break above the $200 mark. A notable bearish factor among these market fundamentals is the recent"/>
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DOGE Day Afternoon: Open Interest Breaks $2 Billion, Setting New Records
DOGE, the internet's favorite memecoin, is back in the spotlight. Recent data reveals a surge in futures market activity, coupled with bullish technical"/>
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12-Year Bitcoin Slumber Ends: Whales Signal Stormy Seas Ahead
The recent stratospheric rise of Bitcoin, reaching a new all-time high of $73,000, has sent ripples of excitement and trepidation through the crypto world."/>
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Tornado Cash Co-Founder Seeks To Dismiss Charges – Details
Co-founder of Tornado Cash Roman Storm has filed a motion to dismiss the charges levied against him by the US Department of Justice (DOJ)."/>
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Prisma Finance Hacker Continues On-Chain Tirade Following $11 Million Heist
On Thursday, March 28, a hack occurred on Prisma Finance, a decentralized lending protocol on the Ethereum network. The exploiter carted away about 3,257.7"/>
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Bybit’s MVP license in Dubai ‘very restricted,’ CEO says
Once fully licensed in Dubai, Bybit plans to run a full-scope exchange, offering crypto lending, payments, investment and other services.
