145 - PayPal’s Crypto Play & Coinbase's Controversy, & their Wrapped Bitcoin’s Big Move
145 - PayPal’s Crypto Play & Coinbase's Controversy, & their Wrapped Bitcoin’s Big Move
Today, it's just Trace & Craig at the mic as Blake is in Singapore for Token2049. As always there are some major developments that are shaking up the space include the first story - PayPal; making waves with its latest crypto moves, positioning itself as a potential 'crypto super app.' With the addition of .eth addresses for Ethereum transactions, PayPal is integrating deeper into the Web3 ecosystem. But it's never all smooth sailing in crypto land. Coinbase, usually known for its squeaky-clean reputation, is finding itself under scrutiny, with rumors swirling about Bitcoin IOUs. But as they say no news is good news and as expected—Coinbase has some exciting developments on the horizon too. They’re launching cbBTC, a wrapped Bitcoin token that could transform how Bitcoin holders tap into the DeFi world.
So, stick around as we break down what this means for you, and the future of crypto.
TIMESTAMPS
3:02 Paypal turns major player
6:54 Coinbase in hot water 🔥
8:38 Coinbase wrapped BTC - what does it mean? (check out Episode 141 for more on wrapped bitcoin)
12:45 CZ - CEO of Binance gets released
14:10 Short, sharp news bites
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SHOW NOTES links
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