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 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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