News Business: PayPal Working With Crypto Wallet MetaMask to Offer Easy Way to Buy Crypto Users will be able to buy and transfer ether from PayPal to MetaMask. #News - #Business #Crypto #NFT #DeFi

PayPal will integrate its buy, sell and hold crypto services with MetaMask Wallet as the companies look to broaden users' options to transfer digital assets from their platforms, the companies said Wednesday. According to a press release, the partnership between the payments firm and MetaMask developer ConsenSys is intended to enable users to select their PayPal accounts as a payment option to buy ether (ETH) from within the MetaMask app. The offering is designed to facilitate seamless purchases and transfers of ether from PayPal to MetaMask. MetaMask intends the offering to help bring more users into the Web3 ecosystem at a time when the sector is looking for a way forward during the crypto winter. "This integration with PayPal will allow our U.S. users to not just buy crypto seamlessly through MetaMask, but also to easily explore the Web3 ecosystem," said ConsenSys product manager Lorenzo Santos in the press release. Select U.S. customers can access the new offering beginning today as PayPal works to roll out the service to the rest of its U.S. customers over the next few weeks. By Elizabeth Napolitano, Dec 14, 2022, https://www.coindesk.com/business/2022/12/14/paypal-partners-with-crypto-wallet-metamask-to-offer-easy-way-to-buy-crypto/

vya4slav's Recent Blog Posts

Cryptocurrency exchange FTX said it owes $3.1 billion to its top 50 creditors, according to documents filed Saturday in Delaware bankruptcy court. Even though the filing did not disclose…
2 years ago
Following the collapse of FTX and Alameda Research, crypto trading platforms are rushing to show that clients’ assets are safe and not being used for speculation, but “proof of reserves, at least in…
2 years ago
Emurgo, the official commercial arm and a founding entity of the Cardano blockchain, plans to launch USDA, a U.S.-pegged stablecoin, in early 2023, the company told CoinDesk. USDA will be the first…
2 years ago
Bank of America today said it is downgrading the stock of U.S. cryptocurrency exchange Coinbase from buy to neutral. The price of COIN is down 7% over the last 24 hours and is currently trading at $…
2 years ago
Crypto exchange FTX collapsed spectacularly into bankruptcy last week as trust in its accounting for billions of dollars in assets vanished. In the fiery aftermath, some critics are blasting…
2 years ago