On March 8, PayPal Holdings, Inc. announced to acquire the security-focused startup Curv in the first half of 2021. It will be the first acquisition in the cryptocurrency and digital asset space. Curv is a startup providing cryptocurrency security based on breakthrough technology that enables access to crypto wallets without any hardware device by operating a cloud-based service.

Tesla bought $1.5 billion of cryptocurrency bitcoin in January and, as the first automaker, Tesla plans to accept payments in bitcoin, “initially on a limited basis.” The news influenced the price of bitcoin which went up by 17% to a record-high $44,220 and continued to rise to the current $54,703.