PayPal’s recent shift in terms and conditions has revealed the Cryptocurrencies Hub feature, a transformative move in how users interact with cryptocurrencies. This new feature allows users to directly manage Bitcoin and other digital currencies within their PayPal accounts, streamlining cryptocurrency activities. While enthusiasm for the new feature is palpable, users must adhere to certain steps and criteria. The Cryptocurrencies Hub’s access relies on users having a personal PayPal account and maintaining a commendable balance. Moreover, the completion of the mandated identity verification ..read more

FTX’s Sam Bankman-Fried acted “peculiar” in the way he treated a biography being written about him, according to bestselling author Michael Lewis. The writer of The Big Short and Flash Boys has described the “unusual way” in which his book about the now-disgraced crypto exchange founder came about. And he says that things became even stranger once he began to interact with SBF. “This book came about in an unusual way: I didn’t go looking for Sam Bankman-Fried, and he didn’t go looking for me,” he said. “A friend of mine came to me and said, ‘I’m thinking of doing this massive business deal wit ..read more

FTX may have missed out on a potential $1billion windfall due to its haste to sell off assets following bankruptcy. Last month the defunct crypto exchange sold its holding of 890 million Sui tokens for $96million. The figure was $5million less than the company had bought the tokens for last year when it invested in Mysten Labs, the Sui blockchain. FTX first sought to sell the Sui coins in March, filing in the bankruptcy court for permission to sell its interest in Mysten. The sale went ahead one month later, in April. However, since then the price of Sui has skyrocketed. READ MORE ON 24/7 ..read more

SHIN Hyun-seung, also known as Daniel Shin, is the co-founder of Terraform Labs, a blockchain firm that developed the Terra blockchain and the TerraUSD (UST) stablecoin. Shin has been accused of fraud and market manipulation in connection with the collapse of TerraUSD and Terra but has denied the charges. Who is Shin Hyun-seung? Shin Hyun-seung also known as Daniel Shin was born on January 10, 1989. He graduated from the Wharton School of the University of Pennsylvania with a degree in economics. Shin started his career as an information innovation assistant at Becker and Associates. READ MORE ..read more

HAN Chang-joon is the former Chief Financial Officer (CFO) of Terraform Labs and Do Kwon’s business partner. Chang-joon was arrested in Montenegro on March 23, 2023, along with Do Kwon, and charged with using false passports to try to travel to Dubai. Who is Han Chang-joon? Han Chang-joon was born on December 7, 1995 in South Korea. He graduated from the University of Pennsylvania, with a degree in computer science and economics before working as a software engineer at Microsoft. Chang-joon joined Terraform Labs in 2018 and was promoted to CFO in 2020. READ MORE ON 24/7 CRYPTO Han Chang-joon i ..read more

Two brothers became millionaires after investing $8,000 into Shiba Inu in 2020. The meme coin, which was first created in August of that year, saw its popularity rapidly grow in the first 12 months of its existence. Tommy and James, who do not wish for their surnames to be made public, had both become unemployed due to the Covid pandemic and started to experiment with investing in cryptocurrency. The brothers invested an initial $200 each into SHIB to see what happened. Tommy explained: “I kind of thought about Bitcoin — that was once a fraction of a penny and now it’s tens of thousands of dol ..read more

A CRYPTOCURRENCY investor has paid over 64 ETH (more than $120,000) in fees to purchase 84 ETH ($156,000) worth of Four Coin – a newly-issued meme token on the Ethereum blockchain. Investors had been willing to pay outrageously large amounts in fees to purchase FOUR as early on-chain data showed traders making up to $2 million in profit. However, Four Coin has since plummeted in value, down more than 50 per cent in the last 24 hours ..read more

SAM Bankman-Fried became “warped” as he obsessed over fame, according to the author of a new book about the disgraced former FTX CEO. Veteran crypto journalist Brady Dale, who has written the first comprehensive book about the downfall of the crypto exchange, argued that the 31-year-old became excited by the growth in his social status. As FTX’s success grew, Bankman-Fried built an ever bigger public profile, even being named as the richest person in Forbes’s 30 Under 30 list for 2021. Highlighting how his growing popularity impacted him, Dale said: “I would argue Sam got obsessed with being f ..read more

A PSEEUDONYMOUS meme coin investor bought trillions of PepeCoin (PEPE) for $263 and turned it into more than $10 million. Investor dimethyltryptamine.eth purchased 5.907 trillion worth of PEPE for $263 in two transactions on April 14 using decentralized exchange UniSwap. He also paid just $17 for gas fees. At its peak those 5.907 trillion PEPE tokens were worth more than $10 million. The anonymous trader cashed out $3.8 million but still owns 2.56 trillion PEPE coins worth $4.9 million. After launching on April 14, the meme coin’s market capitalization skyrocket to more than $1 billion on May ..read more

BRIAN Jung is a YouTube millionaire after his personal finance and cryptocurrency channel exploded in 2021. But what is Jung’s net worth? Who is Brian Jung? Brian Jung was born in Maryland, USA on December 28, 1997. His mother was a hairdresser and his father installed hardwood floors. Jung said mottos about saving money were the norm growing up: “Don’t spend a lot. Don’t eat out that much. Don’t drive too fast or you’ll use up more gas. Maximize every coupon possible, every discount possible – that’s what I grew up with.” READ MORE ON 24/7 CRYPTO In 10th grade, Jung was kicked out of school a ..read more