PayPal has expanded its peer-to-peer (P2P) service to include cryptocurrency transfers, allowing users to send and receive digital currencies directly through its platform. This move marks a significant step in PayPal's ongoing efforts to integrate cryptocurrency into its financial services, providing users with more flexibility in managing their digital assets. In other developments, Coinbase's Layer 2 blockchain, Base, is set to issue a native token. This initiative aims to enhance the functionality and adoption of the Base network, which is designed to offer scalable and efficient blockchain solutions. Meanwhile, Bitcoin mining profitability has seen a decline of 5% over the past month, reflecting ongoing challenges in the mining sector amid fluctuating market conditions.