It may be known primarily as an online payment method, but PayPal is now setting its sights on helping its users get started with cryptocurrencies. ConsenSys, the company behind MetaMask, has announced plans to add an integration in its crypto wallet so that users can buy cryptocurrencies using their PayPal account. MetaMask intends the offering...
Former Twitter CEO Jack Dorsey has promoted the idea of a “free and open protocol” for social media, following an Elon Musk-led internal investigation that uncovered censorship issues on the platform. In his post, Dorsey outlined some potential solutions to Twitter’s current problems. According to the former Twitter CEO, this includes protection from corporate or...
The U.S. Securities and Exchange Commission (SEC) has called on public companies to analyze and disclose information about their losses, including whether they are doing business with any firm associated with cryptocurrencies. The regulator, which oversees the U.S. publicly traded disclosures that occurred this year, said the guidance was due to “recent bankruptcies and financial...
With crypto valuations severely affected after the recent crash of the FTX exchange, financial services company Goldman Sachs is looking to pour millions into buying or investing in crypto firms while prices are low. In an interview with Reuters, Matthew McDermott, chief executive of Goldman Sachs, reportedly said that the big banks see opportunities in...
