In addition to Meta's dive, other social media stocks sold off as did stocks with exposure to the metaverse.
The ETF tracks the Bloomberg Grayscale Future of Finance index, which includes Silvergate Capital, PayPal, Coinbase, and Block, among others.
The payments company now sees 2022 revenue growth of 15% to 17%, lower than its projection of 18% issued in November.
Venmo, PayPal and other similar peer-to-peer payment sites now have to report over $600 in annual business transactions to the IRS.
PayPal confirmed the news to Bloomberg after a developer discovered the evidence inside PayPal's iPhone app.
The Consumer Financial Protection Bureau told five companies to turn over information to assess risk to customers using buy now, pay later services.
Apple, Amazon, Alphabet, and the makers of COVID-19 vaccines were particularly popular among federal lawmakers, an Insider analysis found.
The Miami-based company plans to add 200 jobs in its headquarters and around the globe, Bloomberg reported.
The new Amazon partnership marks the end of a longstanding deal with eBay that blocked Venmo from doing business with competitors.
Lori Ann Talens created more than 13,000 separate, distinct counterfeit coupons that were "virtually indistinguishable" from authentic coupons.
Investors were skeptical of the potential deal, as evidenced by PayPal's swift 11% decline after the rumor was reported.
Over the past five decades, Musk has launched multiple companies, become a tabloid figure, and taken the crown as the world's richest person.
Bloomberg reported that PayPal is considering paying $70 per Pinterest stock, putting a potential deal at about $39 billion.
You can use PayPal on Amazon by paying with the PayPal Cash Card, PayPal Key, and Amazon gift cards.
With the new service, consumers can select their crypto wallet on the card reader at checkout and pay with coins such as dogecoin or ethereum.
PayPal puts money on hold to help ensure the platform is safe to use for both buyers and sellers.
The study by Approve.com compared the market cap of the 50 biggest public companies alongside their average annual growth.
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