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Magic Labs has so far raised more than $80 million and facilitated the creation of 20 million wallets with support from over 130k developers. Magic Labs Inc, an upcoming crypto wallet-as-a-Service (WaaS) provider, has announced the completion of a strategic funding round with $52 million to enable Web3 mass adoption. The
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On May 31, San Francisco-based wallet-as-a-service (WaaS) provider Magic announced that it had successfully raised $52 million in a strategic funding round led by PayPal Ventures. The funding round also saw participation from venture firms Cherubic, Synchrony, KX, Northzone, and Volt Capital, bringing Magic's total funds raised to over $80
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The startup offers non-custodial wallet infrastructure for an enterprise client list that includes Macy’s and Mattel. Original Source
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MetaMask has been focused, primarily, on expanding its reach and boosting global crypto adoption. Crypto wallet MetaMask has begun rolling out PayPal-powered Ether (ETH) purchases to all its US-based users. Although it added the PayPal integration to its software wallet last December, the feature was not immediately available to all users
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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied MetaMask, a cryptocurrency wallet provider, has partnered with PayPal to offer ethereum (ETH) purchases for users in the United States. The company states this makes it the first web3 wallet to enable such transactions through PayPal. A
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Crypto wallet MetaMask has started rolling out Ether (ETH) purchases via PayPal for users in the United States — one of Metamask's biggest markets. The company claims to be the first Web3 wallet to offer ETH transactions via PayPal.Through the collaboration, American users can now choose PayPal as their payment
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PayPal has been forced to update its 2023 earnings outlook due to its latest financial reports. Multinational digital payment company PayPal (NASDAQ: PYPL) has released the financial report of its earnings in the first quarter of 2023. PayPal benefited from the outbreak of the novel coronavirus in 2020 as more people
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After the American financial technology giant Paypal rolled out crypto payments last year, the company is now introducing cryptocurrency transfer services to Venmo users. The firm detailed that Venmo customers will be able to send funds to an existing Paypal account, an external wallet, or a crypto exchange platform. Venmo Customers
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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Paypal announced plans to roll out a feature that allows over 70 million Venmo users to transfer cryptocurrencies to each other natively on the Venmo app. Users will also be able to transfer to external wallets
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As rising prices have forced consumers all over the world to reduce their spending and find new ways of coping with the increased cost of living, consumers are finding themselves relying on credit cards even more than they already were. More Americans are unable to pay their credit card bills in
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