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Shares of PayPal (PYPL) fell more than 16% after the payments giant reported Q4 earnings that just missed analyst estimates and a slowdown in revenue growth.Total revenue rose 13% to $6.9 billion, in line with analysts' estimates, according to FactSet, but significantly slower than the 25% growth recorded in the
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The chief marketing officer (CMO) of a cryptocurrency payments solution company, Rotimi Ogunwede, has insisted that the Central Bank of Nigeria (CBN)’s decision to bar crypto entities from the banking system may be the reason why Nigerians are now more knowledgeable about cryptocurrencies. CBN Prohibition Forced Patricia to Establish Operations Outside
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As crypto-assets grew immensely in value last year, the growth of the stablecoin economy swelled as well and today, there’s $170.24 billion worth of stablecoins in circulation. Data indicates that over the last 12 months, a slew of stablecoin valuations grew exponentially. 12-Month Stats Show Stablecoin Market Valuations Saw Massive Growth Last
Read MoreSince the end of August, cybersecurity researchers have identified increased activity on a crypto mining botnet called “Lemon Duck”.The botnet has been around since December 2018, however a big jump in activity over the past six weeks suggests that the malware has infiltrated many more machines in order to harness
Read MoreGlobal money transfer platform MoneyGram recently unveiled year-over-year growth numbers, showing double the number of transactions seen in May 2019. MoneyGram ended Q1 2020 with 57% growth in digital transactions, a June 9 statement from the company said. The firm saw activity ramp up another 43% by May's end. MoneyGram's partnership with
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