Today in Data: Crypto Is at the Center of the Payments Universe

By  |  April 14, 2022
 | 
Cash App, bitcoin, Taproot,

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.

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    Data

    $1.5B: Approximate a

    mount of cryptocurrency stolen by North Korean hackers, including $400 million in 2021

    32M: Number of PayPal merchants that accept cryptocurrency through Checkout With Crypto

    2M: Number of customers for cryptocurrency payments company Mercuryo

    5,000: Number of banks in payment gateway Volt’s network

    63: Length in months to which Ethereum Foundation developer Virgil Griffith was sentenced for helping North Korea avoid sanctions related to cryptocurrency

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