METAMASK PARTNERING WITH PAYPAL!

A lot has happened in the last 2 weeks, let’s chat!

Metamask has partnered with Paypal to let users purchase Ethereum (ETH) through their platform.🙌🏾 We all know Paypal as an online payment method but apparently they also want to become a platform where it’s easy to get started with crypto.🤷🏾‍♀️ To make that happen, ConsenSys (the company behind MetaMask) announced that they would add integration in its crypto wallet to enable users to purchase crypto using their PayPal account!

MetaMask allows users to store their crypto assets while using their wallet as their authentication method, and that’s pretty cool to me, since most exchanges have the dreaded and laborious ‘know your customer’ (KYC) process to verify the user, sigh. This new deal with PayPal and MetaMask will allow users who once used other cryptocurrency exchanges (like Coinbase) to purchase crypto and transfer to their MetaMast wallet, to now use PayPal! The best part is that there isn’t a middleman, and there aren’t any intermediate steps. You use Paypal to purchase crypto and send it directly to your MetaMask wallet, and BOOM, it’s there! (And all the glory goes to God!) lol!

This benefits both parties, for PayPal, more activity on their website means more money. For MetaMask, this makes things easier for their users. It’s a win-win for both!

Let’s check in on the prices of other cryptocurrencies today:

Bitcoin (BTC) is at $27,314. Ethereum (ETH) is at $1,850, Tether at $1.00. XRP is at $0.45 and Solana at $22.

In other news, artificial intelligence (AI) is on the move and hasn’t stopped! Yahoo Finance is reporting today that some AI scammers have deceived some investors by creating a fake AI-generated CEO (that recites a script😳👀😣) in an attempt to scam them. The California Department of Finance Protection issued a desist and refrain order to 5 individuals that have violated the laws.

I’ve heard of Voice AI bots pretending to be the grandchildren of some elderly people. They mimicked the voices and asked the elderly for money to get out of jail. Some people have already been scammed to the tune of thousands of dollars! Please be watchful over who you send money to, and who you take calls from.

I’ll be back here on Monday May 8, until then - PEACE OUT!

Copyright ©2023 Sherma Jacqueline Felix, BLACK ADVANTAGE Publishing™. The author shall neither be liable nor responsible for any loss or damage allegedly arising from any information or suggestions in this post. The opinion expressed here is not investment advice – it is provided for informational purposes only.