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PayPal
Bitcoin Hits Fresh 2020 High, Approaches $13K
Bitcoin's price clocked fresh 2020 highs on Wednesday after online payments company Paypal announced support for cryptocurrencies.
PayPal Embraces Crypto, Igniting Market as Mainstream Adoption Inches Closer
PayPal officially confirmed Wednesday it is entering the cryptocurrency market. The payments giant, with 346 million active accounts around the world, pledged to make crypto “a funding source for purchases at its 26 million merchants worldwide.”
PayPal Co-founder, DCG-Backed BTC Mining Firm Layer1 Accused of Patent Infringement
Data center power management firm Lancium filed a lawsuit against Layer1 today, alleging the bitcoin mining firm’s operations had infringed upon its patent.
PayPal Picks Paxos to Supply Crypto for New Service, Sources Say
PayPal has chosen Paxos to handle the new service’s supply of digital assets, according to two people familiar with the matter.
PayPal Told EU It Had Crypto Plans Back in March
PayPal had previously declined to say whether it had any designs in the crypto space; the letter from early March appears to confirm it.
Blockchain Bites: PayPal's Push, FATF's Rules and 'Overstated' Libra Fears
Industry leaders reflect on PayPal's reported plan to offer direct access to crypto for its 325M users, while banks and crypto startups look for solutions to FATF's Travel Rule.
PayPal, Venmo to Roll Out Crypto Buying and Selling: Sources
Fintech giant PayPal plans to roll out direct sales of cryptocurrency to its 325 million users, according to three people familiar with the matter.
PayPal's Financial Crimes Division Is Seeking a Blockchain Expert
The payments giant is seeking a blockchain expert to help identify use cases for the tech in the prevention of financial crimes.
PayPal Joins $4.2M Round for Crypto Banking Compliance Startup
Reddit founder Alexis Ohanian’s Initialized Capital, Blockchain Capital and PayPal Ventures are backing TRM Labs in its effort to help financial firms manage crypto risk.
PayPal's Axing of Pornhub Model Payments May Boost Crypto Conversions
Pornhub may expand the range of cryptocurrencies it offers to pay adult performers for their work after PayPal abruptly cut off service.
