PayPal Acquires Crypto Security Company “Curv” – March 9

πŸ“ˆ 30 Second Cryptocurrency Price Summary

Current Bitcoin Price:Β $53,992

Bitcoin price has rocketed back toward the $54,000 mark today, with a powerful break to the upside.

Top-20 altcoins have responded well, as Ethereum rises 8%, XRP gains 4% and Terra jumps back into the top-20 with a 33% rise.

Top Stories for March 9, 2021 πŸ”₯

πŸ‘‰ PayPal Acquires Crypto Security Company “Curv”

Payments giant PayPal has made its very first acquisition within the cryptocurrency space, purchasing Curv – a crypto security firm based in Israel.

The purchase amount was not disclosed, however the company plans to complete the acquisition by the third quarter of this year.

The Curv acquisition is reportedly a part of PayPal’s initiative to support cryptocurrencies within its platform.

πŸ‘‰ Ripple And MoneyGram To Dissolve Partnership

Ripple Labs and MoneyGram have announced that they have decided to “wind down” their partnership, after putting it on hold earlier this year.

According to the agreement that is being ended, Ripple has been paying MoneyGram to use its XRP token for international settlements, netting MoneyGram more than $60 million since 2019.

πŸ‘‰ Taco Bell Launches And Sells-Out NFT Collection

Taco Bell launched and sold-out a collection of taco-themed NFT collectibles, which were sold on popular NFT marketplace Rarible.

The collection went live late on Sunday, with the tokens being sold in collections of five. Despite the initial sale price of 0.001 ETH, the highest bid reached 0.4 WETH – around $700 in wrapped Ether.