Bitcoin-friendly Ark Invest has sold off its PayPal holdings in favor of Cash App, and Bitcoin is behind the decision. Ark CEO Cathie Wood told CNBC at the Bitcoin 2022 conference in Miami that the “singular focus of Bitcoin” by Cash App creator Block, “is...
April 14, 2022
Today in data, Ark Invest sells its PayPal stake because it believes in Cash App’s cryptocurrency-focused future. Plus, Ethereum Foundation developer Virgil Griffith gets a 63-month prison sentence and $100,000 fine for helping North Korea avoid cryptocurrency sanctions, and Mercuryo and Volt partner on cryptocurrency-based open banking transactions. Data $1.5B: Approximate a mount of cryptocurrency […]
