Today in Crypto: PayPal Held $604M in Crypto on Dec. 31, Microsoft Fired its Metaverse Team, Binance Incorporated zk-SNARKs into its Proof-of-Reserves Verification
Source: Adobe/prima91 Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. __________ Investment news PayPal held a total of $604 million in crypto for its customers as of December 31, according to a recent filing with the US Securities and Exchange Commission (SEC). Almost 90% of the amount was held in bitcoin (BTC) and ethereum (ETH): $291m in BTC and $250m in ETH. The remaining $63m was held in litecoin (LTC) and bitcoin cash (BCH). Sesame Labs , a Web3 marketing platform, announced its launch and $4.5M seed round led by Patron and Wing Venture Capital , with participation from South Park Commons , Script Capital , DoubleJump , Forte , MoonFire , Samsung , Twin Ventures , and angels including Balaji Srinivasan, Robin Chan, Ryan Spoon, and others. “We have developed a web3 marketing platform in collaboration with Polygon and leading web3 g...