PayPal enables business accounts to buy, sell, and trade crypto

September 25, 2024
The Last Cryptocurency
Cointelegraph Feed
Cointelegraph Feed

In 2020, PayPal began allowing individual retail customers to buy, sell, and hold crypto directly from their PayPal and Venmo accounts.

Australian crypto firm DigitalX Ltd. is launching a Bitcoin (BTC) fund, seeded with roughly $1.9 million of its own holdings in cryptocurrency.According to a news release published on Nov. 13, the new fund is offered through an unlisted fund structure to enable investors like family offices and high net worth individuals to gain exposure to…

New York state releases guidance for issuing dollar-backed stablecoins

The NY State Department of Financial Services, notorious for its strictness, claims to be the first regulator in the country to impose requirements of the type. 223 Total views 3 Total shares The New York State Department of Financial Services (DFS) on Wednesday released regulatory guidance for U.S. dollar-backed stablecoins issued by DFS-regulated entities. According…

ZetaChain raises $27M in equity round to enable chain-agnostic interoperability

Participants in the round include Blockchain.com, Sky9 Capital, Jane Street Capital, VistaLabs, Human Capital, VY Capital, CMT Digital, among other investors. 363 Total views 2 Total shares Layer-1 network ZetaChain has secured $27 million to support its chain-agnostic platform, according to an announcement on Aug. 16. Participants in the round include Blockchain.com, Human Capital, VY…

Meta shows off Web3-to-reality bridge with ‘Hyperscape’ metaverse demo

The tech is still experimental, but its implications could change how users view reality.

Nigeria frees Binance exec, Ripple appeals SEC XRP ruling: Law Decoded

The Nigerian government has dropped charges against a Binance exec, Ripple has filed an appeal, FTX settled with Bybit, and Denmark moves to tax unrealized crypto gains.

NFT vending machine to make digital art more accessible at London event

Proceeds from the NFT vending machine at this year's NFT.London event will be donated to charity. 298 Total views 3 Total shares Multi-chain nonfungible token (NFT) marketplace myNFT has announced it will showcase its first-ever physical NFT vending machine at this year's NFT.London event scheduled for Nov. 2–4. The NFT platform hopes to provide an easy…

Trump promises to make US ’world capital’ of AI, crypto at Davos

The virtual speech to the World Economic Forum reiterated Donald Trump’s pledge to an audience at a July 2024 Bitcoin conference.

Derivatives Giant Fidelity Investments Receives and Passes on the Lightning Torch

Financial derivatives giant Fidelity Investments received and passed on the Lightning Torch, as revealed by tweet by the company sent on Feb. 22.Just like the Olympic torch, the Lightning Torch is being passed between members of the Lightning Network community. The trend first reportedly started when Twitter user and Bitcoin (BTC) enthusiast Hodlonaut sent 10,000…

Shoppers in India can now order sneakers in the Metaverse for a week

Consumers in India are getting more options for a digital shopping experience as major local e-commerce platforms increasingly experiment with blockchain and the Metaverse.Indian shoppers can try out products from brands like Puma and Nivea in the gamified and interactive metaverse. That is thanks to local e-commerce giant Flipkart launching a metaverse space for consumers…

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