CryptoCurrency News: PayPal Picks Paxos to Supply Crypto for New Service, Sources Say

PayPal has chosen Paxos to handle the new service’s supply of digital assets, according to two people familiar with the matter.

via CoinDesk

CryptoCurrency News: Crypto Long & Short: Why the Twitter Hack Was Good for Bitcoin (and It’s Not the Media Attention)

Yes, the Twitter hack was basically a giant bitcoin scam. But the fallout is showing the world the strengths of cryptocurrency and decentralization.

via CoinDesk

CryptoCurrency News: Are Stablecoins Eurodollars 2.0? Long Reads Sunday

Long Reads Sunday features two essays previously published on CoinDesk that show the trajectory of stablecoins in the global economy in 2020.

via CoinDesk

CryptoCurrency News: The Origins of the World’s Oldest Bitcoin Metric, Explained

Bitcoin days destroyed (BDD) was first introduced as a concept back in 2011. At the time, it had only been two years since the creation of the world’s first cryptocurrency, bitcoin. Individuals were already beginning to innovate ways to measure on-chain transaction activity and value.

via CoinDesk