![]() ![]() Bitcoin, the largest traded cryptocurrency, dropped nearly 20% to below $24,000, its lowest since December 2020, while the value of the broader crypto market fell from its peak of $3.2tn in November to $1tn in June 2022, the article noted.īinance is a cryptocurrency exchange platform that merges finance with digital technology. Theodora Lau, founder of the Unconventional Ventures, a financial services firm, shared an article on the cryptocurrency platform Binance halting Bitcoin withdrawals for hours after crypto lender Celsius also disallowed customers from pulling funds from its platform due to extreme market conditions and a slump in digital assets. Binance Holdings Ltd – 171 mentionsīinance stopping Bitcoin withdrawals amid digital asset market pressures, the company taking lead in a $600m hacker bailout, and also promoting terra as a secure investment before a $40m collapse, were some of the popularly discussed topics in Q2. Is first step in 'moving from a #fiat-orientated world to a #digitalcurrency one' #fintech #blockchain /RnF12IX4Ap- Spiros Margaris J3. PayPal #CEO: move to allow #crypto off platform PayPal’s crypto lead Jose Fernandez da Ponte further stated that allowing customers to transfer crypto in and out of their PayPal wallets also helped leverage large and different networks, thereby building more value by combining the fiat and crypto universes. According to him, the company will convert customers’ crypto into fiat so that it can be used in any of its 35 million merchant accounts, the article detailed. ![]() Spiros Margaris, a venture capitalist and board member at the venture capital firm Margaris Ventures, tweeted on the financial technology company PayPal’s move to allow crypto off its platform being a first step in moving from a fiat-oriented world to a digital currency one, according to CEO Dan Schulman. ![]() PayPal allowing transfers outside its cryptocurrency walled garden, the company expanding its pay-later options with PayPal Pay Monthly service, and the company being a top digital wallet in EU-5 countries, were popularly discussed in the second quarter. □ prepares for the #virtualeconomy filing 15 #trademarks for the #metaverse and #NFTs #fintech #payments #AI #data Xavier Gomez #CES2023 Ap2. It also offers many payment solutions for credit, debit, prepaid, and commercial cards, as well as digital payments, real-time account-based payments, and payment system security, along with transaction services, such as domestic and cross-border transactions. The company deals with the clearing, authorisation, and settlement of payment transactions. Mastercard Inc (Mastercard) is a payment and technology company headquartered in Purchase, New York, the US. Several virtual, crypto, and financial products and services are expected to be covered under the patents filed with the US Patent and Trademark Office on 4 April 2022. According to a tweet, the global payment facilitator has submitted trademark applications to register Mastercard, its circles logo, and the Priceless slogan, the article detailed. Xavier Gomez, an investment banking and wealth management specialist, shared an article on the financial services company Mastercard preparing for the virtual economy by filing 15 trademarks for the metaverse and NFTs. ![]()
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