The bigger you are, the bigger the splash when you jump in the water. And when it comes to mainstream payments companies, there are few bigger than PayPal. In case you’ve been totally avoiding the headlines over the past few days (and who could blame you), PayPal (NASDAQ: PYPL) this week confirmed its entry into …
Why the PayPal Rally Isn’t What It Seems, and Why That’s OK Read More »
Crypto exchange bitFlyer Europe has announced an integration with PayPal. The move means bitFlyer users can now deposit euros using their PayPal accounts to buy cryptocurrencies. “What we have done is that we have integrated PayPal in the same way e-commerce websites would,” Jacek Bastin, business strategy manager at bitFlyer Europe, told The Block. “The integration …
According to a recent lawsuit filed in the Western District Court of Texas, data center power management firm Lancium has accused bitcoin mining firm Layer1 of infringing upon its patented technology to adjust power usage in bitcoin mining facilities. Backed by investors like PayPal Co-founder Peter Theil and the Digital Currency Group, CoinDesk’s parent company, …
PayPal Co-Founder, DCG-Backed BTC Mining Firm Layer1 Accused of Patent Infringement Read More »
PayPal, the fintech giant planning to bring crypto trading to its massive user base, has chosen Paxos to handle the new service’s supply of digital assets, according to two people familiar with the matter. It’s a plum assignment for New York-based Paxos, which last week launched Paxos Crypto Brokerage and announced its first customer in …
PayPal Picks Paxos to Supply Crypto for New Service, Sources Say Read More »
Fintech companies PayPal and Intuit were approved by the Small Business Administration (SBA) to distribute funds as part of the U.S. agency’s emergency lending program, enacted amid the ongoing coronavirus pandemic. PayPal and Intuit released statements on April 10, declaring their participation after the SBA’s approval, according to coverage by CNBC. The SBA plans administer …
Feds add fintechs PayPal, Intuit to emergency coronavirus loan program Read More »
A new job listing posted by PayPal shows that the payments giant is looking for a director of anti-money laundering and blockchain strategy as the company appears to be exploring how it can harness the power of the emerging technology. The team member will be tasked with evaluating blockchain use cases on top of preventing financial …
PayPal Evaluating Blockchain Use Cases After CEO Reveals He Owns Bitcoin (BTC) Read More »