Latest News

Klarna Continues Shopping Grove With The Startup Discount Deal

Swedish buy now, pay later (BNPL) giant Klarna is continuing it’s acquisition spree.

Furthermore, Klarna acquires a discount browser extension Piggy, as per report from FinanceFWD.

More so, just like PayPal-acquired Honey, Piggy notifies users to cheaper offers when browsing shopping websites.

Notably, This is the eighth startup the BNPL firm, Klarna is buying in this recent months.

Also, It acquires a comparison site PriceRunner for €930 million (roughly $1.05 billion) earlier this month.

More so, Market officials calculates that Piggy is not quite as pricey at $100 million.

Additionally, Klarna acquisitions shows it’s ready to become the de facto superapp for shopping. Of course, it’s places it in direct competition with PayPal.

Also, The acquisitions by the American payment company focuses on regional players. Such as, Sweden’s iZettle and Japanese BNPL solution Paid’y.

Lastly, PayPal also buys out crypto security firm Curv as part of its push into digital assets.

While, Klarna CEO is yet to make moves into the space, expressing doubt initially on the gold rush into digital currencies.

Galaxy Interactive Rises Additional $325M Fund For Metaverse and Next Gen…>>

Related Posts – Bank DBS’s Crypto Business Grows Massively Due To Growing Demand From Investors

Metaverse Gaming Tokens Rallies Above The Recent Market Dip

Metaverse coins continues outperforming the rest of the market.

This is the case of the tokens of Metaverse projects, Decentraland, and The Sandbox. Notably, these tokens are showing strength this week while the majority crypto market is in dip.

Furthermore, Decentraland’s MANA token is holding above $3, gaining 29% over the past seven days.

Also, The Sandbox, a similar virtual Metaverse is even doing better. More so, the SAND token touches it’s all time high of $3.63 on Tuesday evening.

Furthermore, The Worldwide Asset eXchange (more commonly known as WAX) is also having a good rally. Currently, it has 61% gain over the past week.

Notably, WAX is a carbon-neutral blockchain dedicated to gaming and NFTs.

More so, The Metaverse gaming projects is seeing a boost since last month after Facebook rebrands to “Meta,”. Which of course, signals the company’s interest on building online virtual spaces.

Consequentially, many gaming tokens is seeing massive rallies. Especially, Decentraland and The Sandbox up over 300% since the announcement.

Crypto products and NFTs are unregulated and can be highly risky. There may be no regulatory recourse for any loss from such transactions. Crypto is not a legal tender and is subject to market risks. Readers are advised to seek expert advice and read offer document(s) along with related important literature on the subject carefully before making any kind of investment whatsoever. Crypto market predictions are speculative and any investment made shall be at the sole cost and risk of the readers.