The “Krak” app could help to keep cryptocurrency adoption moving forward Kraken has launched a new peer-to-peer payments app called Krak, stepping into a competitive financial tech arena dominated by apps like Cash App and Venmo. The new product allows users to send both fiat and crypto across borders, part of Kraken’s effort to broaden
Tag: payments
Phil Galfond at Odds With PayPal as Payments Platform Freezes Account
PayPal has frozen his account amid questions over the source of funds Phil Galfond, a poker pro and founder of Run It Once, faced a contentious situation with PayPal after the platform froze $117,000 in his account for six months. The funds, believed to be tied to his Beyond the Game poker-coaching business, were unexpectedly
Stripe Acquires Stablecoin Platform Bridge for $1.1 Billion
The payment processing company shows its optimism for the future or cryptocurrency Stripe, the payment processing giant, has made a leap in the crypto space by acquiring the stablecoin platform Bridge in a deal reportedly worth $1.1 billion. This acquisition marks one of the largest in crypto history and is Stripe’s biggest purchase to date,
Deutsche Bank, Bitpanda team up on real-time cryptocurrency payments
One of the world’s largest banks is diving deeper into the crypto space Cryptocurrency investors in Germany can now use Bitpanda to make real-time transactions after the platform recently partnered with Deutsche Bank. The collaboration enhances transaction efficiency and security, providing strong liquidity for Bitpanda’s users in Germany. The partnership allows Bitpanda to employ an