Quick weekly news:
- Circle Aims to Spread Crypto Wealth Across U.S.: Read more here.
- Binance opens layer-two ETH deposits with Arbitrum One integration: Read more here.
- Shiba Inu in danger of ‘topping signal’ as SHIB price loses 50% in 3 weeks: Read more here.
Other notable events include:
- PayPal to include Bitcoin payments
- Sirin Labs founder arrested on suspicion of fraud
PayPal to include Bitcoin payments
PayPal online payment system includes Bitcoin payments in the checkout process for millions sellers now. Now you can select crypto at checkout on eligible purchases when checking out at online stores worldwide.
"The new PayPal app gives you more ways to explore crypto. Whether you want to buy, sell, hold or even use it to checkout with millions of PayPal merchants." - stated in PayPal's tweet.
Check out more info here
Sirin Labs founder arrested on suspicion of fraud
According to Haaretz, Israeli crypto entrepreneur Moshe Hogeg was arrested on fraud charges. Hogeg is accused of several crimes, including deceiving agents, theft of large amounts of funds and money laundering.
Seven suspects, who were the main employees of the Hogeg, were also arrested. They are charged with the use of large sums and conspiracy to mislead the agents of crypto projects. According to a police spokesman, the suspects knew these projects would never come to fruition.
Also, be sure to check out top altcoin gainers and losers of the week ⬇️
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