• distracted DeFi-ing
    Ethereum,  Technology

    How to lose nearly $25,000 by distracted DeFi-ing

    An unlucky crypto collector lost 59 ether by carelessly selling a non-fungible token with a skin of YouTuber PewDiePie for the mobile game Wallem on NFT exchange Opensea

    There’s no going back on a smart contract, particularly one agreed to on a decentralized exchange. One cryptocurrency investor found that out the hard way on Nov. 4, accidentally selling a non-fungible token of YouTuber PewDiePie for 59 ether (WETH) less than he had bought it for a few hours earlier. That’s a loss of nearly $24,500 as of press time.

  • Is PayPal buying BitGo
    Bitcoin,  Ethereum,  Litecoin

    Bloomberg: Is PayPal buying crypto custodian BitGo?

    The report cites anonymous sources who say PayPal is in talks to buy crypto firms including the competitor of its announced custodian Paxos

    Citing anonymous sources, the Bloomberg report said that PayPal Holdings is looking to double down on its jump into crypto this week. No other firms were mentioned by name, and the sources made clear BitGo was not a done deal.

  • PayPal adds support Bitcoin
    Bitcoin,  Cryptocurrencies,  Ethereum,  Litecoin

    PayPal adds support for bitcoin, other cryptos

    26 million merchants will be able to accept payments in bitcoin, ether, bitcoin cash, and litecoin ‘in the coming weeks’

    Saying the “shift to digital forms of currencies is inevitable,” PayPal president and CEO Dan Schulman announced that customers would be able to buy, sell, and hold bitcoin and three other cryptocurrencies in their accounts.

  • Solana wormhole ethereum
    Ethereum,  Technology

    Solana announces trustless bridge to Ethereum

    The proof-of-stake blockchain’s Wormhole to Ethereum aims to attract developers looking for faster, cheaper transfers of ETH and ERC-20 tokens

    y creating a bridge to Ethereum, Solana’s Wormhole allows the transfer of Ether (ETH) and ERC-20 tokens on the Solana blockchain by connecting them with SLP tokens, and back. That means DApp designers “need not encumber themselves to a single chain if they want to leverage the community of one chain with the performance of another."

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