Crypto Biz: Bitfarms gets new board after months of power struggles
Bitfarms and Riot Platforms settle months of corporate disputes with board review, while BlackRock moves for changes to Bitcoin ETF withdrawals. Go to Source
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Paypal Rolls Out Crypto Features for Business Accounts
Paypal has unveiled a new feature allowing U.S. merchants to buy, hold, and sell cryptocurrency from their business accounts. Although not yet available in New York, this move caters to increasing demand from businesses. Paypal has steadily ramped up its involvement in digital currencies, including the launch of Paypal USD (PYUSD) and its integration with … Read more
PayPal and Venmo’s ENS integration to boost mainstream crypto adoption
The new integration could bring Web2 and Web3 users together, which could be the key to unlocking true mainstream crypto payment adoption. Go to Source
Tether onboards head of government affairs from PayPal
Jesse Spiro said he intended to work with industry leaders and lawmakers to help grow the ecosystem in his role at Tether. Go to Source
USDC issuer Circle adds Arbitrum to Web3 platform
It’s Circle’s latest effort to embed USDC into Arbitrum, a hub for DeFi, and to compete with Tether’s USDT. Go to Source
Payment Processors Paypal and Venmo Now Support ENS Domains
Ethereum Name Service (ENS) has announced that the payment giants Paypal and Venmo have integrated support for ENS domain names. This integration enables users to employ Paypal and Venmo to transmit crypto assets to an ENS address. Paypal and Venmo Roll out ENS Support On Tuesday, ENS shared on the social media platform X that … Read more
Ethereum Name Service integrated with PayPal, Venmo for crypto transfers
The integration allows Venmo and PayPal users to transfer cryptocurrency using simple ENS names, replacing long wallet addresses. Go to Source
Crypto.com Adds Paypal as Payment Option in US for Crypto Purchases
Crypto trading platform Crypto.com has integrated Paypal as a payment method for U.S. users to buy cryptocurrencies, enabling transfers between Paypal and Crypto.com wallets. “Further integrating traditional and digital payment capabilities is critical to the continued mainstreaming of cryptocurrencies,” said Crypto.com’s president. Crypto.com Integrates Paypal for Crypto Purchases Cryptocurrency trading platform Crypto.com announced on Wednesday … Read more
PayPal’s PYUSD stablecoin hits $1B market cap
PYUSD competes with rivals such as Circle’s USDC and Tether’s USDT. Go to Source
Paypal’s PYUSD Stablecoin Reaches $1 Billion Market Cap in Just Over a Year
On Aug. 26, Paypal’s PYUSD stablecoin hit the $1 billion mark for the first time since its launch in August 2023. Initially rolled out on Ethereum, PYUSD has seen a significant shift, with most of its tokens now issued on Solana. Paypal’s PYUSD Surpasses $1 Billion Market Cap Recent data shows that the market cap … Read more