Paypal Upgrades Crypto Services to 60 Million Venmo Users, Allowing Transfers to External Wallets and Exchanges

After the American financial technology giant Paypal rolled out crypto payments last year, the company is now introducing cryptocurrency transfer services to Venmo users. The firm detailed that Venmo customers will be able to send funds to an existing Paypal account, an external wallet, or a crypto exchange platform. Venmo Customers Can Now Transfer Cryptocurrency

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Ethereum Foundation Establishes External Council to Preserve Key Blockchain Principles

The Ethereum Foundation recently announced a strategic partnership with the Silviculture Society to enhance sustainability practices within the blockchain industry. This collaboration aims to leverage the expertise of the Silviculture Society in environmental conservation and apply it to Ethereum’s ecosystem. The Silviculture Society will act as external counsel to the Ethereum Foundation, providing guidance on [...]

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Ethereum Co-founder Vitalik Buterin Engages in Spirited Debate on Wallet Security

In a recent Ask Me Anything (AMA) session on Twitter, Ethereum co-founder Vitalik Buterin fielded various questions from the cryptocurrency community. The session largely revolved around the pros and cons of MPC-based (EOA) wallets versus Smart Contract wallets, providing intriguing insight into Buterin's perspective. (Read More)

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Circle Issues Update Amid Stablecoin Volatility; Firm Is Prepared to ‘Stand Behind USDC and Cover Any Shortfall’

On Saturday, March 11, 2023, Circle Financial updated the public about its stablecoin, USDC, and noted that the stablecoin’s liquidity operations will resume normally on Monday morning in the United States. Circle said that the company’s teams would be ready on Monday to “handle significant volume” and that the firm will “stand behind USDC and [...]

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PayPal Finally Allows Users to Transfer Crypto to External Wallets

Nearly two years after dabbling into the crypto industry, PayPal Holdings has announced that it will now allow users to transfer cryptocurrencies, including bitcoin, to external wallets.

Continue reading PayPal Finally Allows Users to Transfer Crypto to External Wallets at DailyCoin.com.

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Report: Nigeria-China Currency Swap Agreement Fails to Ease Pressure on the Naira

Nigerian economic experts have said the country’s five-year-old currency swap agreement with China has not eased the pressure against the Nigerian currency. According to one expert, implementation of the swap arrangement is being held back by the size of the trade imbalance between Nigeria and China Easing Pressure on the Naira According to experts on [...]

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