Crypto coins continue to rise. Shortly before PayPal, made a statement and announced that users in the USA can buy and sell crypto money through the platform. This situation is at the forefront Bitcoin and Etherium led to the rise of all cryptocurrencies, including The company has taken steps for extra security measures after this step. Paypal, It will buy a company to secure the cryptocurrencies.
Paypal, kripto security firm buys
The company said in a statement Monday, Tel Aviv announced that it will buy a security firm based. Curv This company, named, focuses specifically on the protection of digital assets. Thanks to this purchase PayPal, kripto will protect their money more effectively. Considering that various exchanges have been the target of cyber attacks in the past and serious losses have been incurred, this seems like a very correct move.
Details of the agreement to be made are not yet clear. However, the information received 300 with 500 It shows that it will be between million dollars. About the subject PayPal vice president Jose Fernandez “We are investing in the future and technology for a more advanced financial system,” he said. The deal is expected to be completed in the first half of 20201.
The company’s cryptocurrency exchange currently only allows users to buy and sell cryptocurrencies. Users cannot use this money for shopping and trading in any way. However, the company aims to change this in the upcoming period. PayPal, It will soon allow customers to shop using these cryptocurrencies. Curv, specifically aims to make things safer in this area.