Paypal Goes “All In” on Crypto | This Week in Crypto – Nov 16, 2020

Following the recent announcement that PayPal would permit purchases and sales of cryptocurrencies, the company is expanding its crypto-based services to all qualifying customers. Blockchain analysis company Chainalysis has unveiled a new program that will monitor and manage crypto assets that have been seized by government agencies.

After last month’s hack of $300 million worth of various cryptocurrencies, the popular exchange KuCoin has recovered 84% of all funds. Crypto lending service Akropolis, reported that roughly $2 million in DAI cryptocurrency was stolen following a flash loan attack.

Timeline of Dai, Multi-collateral-dai, Single-collateral-dai