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PayPal’s “Super App” to Offer New Crypto Functionalities

PayPal, the popular payment processing company, has indicated that its customers may not have to wait anymore to see new crypto-centric functions on their platform. Dan Schulman, PayPal’s CEO, stated today during the company’s Q2 2021 investor call that the company’s debut edition of its super app wallet was “code complete.” The head of PayPalRead More дальше »

2021-7-30 18:00


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Blockchain Capital secures $300M in a PayPal and Visa-led funding round

Blockchain Capital, the first and one of the largest Crypto VCs has closed its fifth funding round after raising $300 million (£214. 84 million). The company unveiled this news through a press release on June 22, noting that the funding round was dubbed Blockchain Capital V, LP, and it featured multiple high-profile investors. дальше »

2021-6-24 16:06


PayPal Plans to Let Users Withdraw Bitcoin, Ethereum, Bitcoin Cash & Litecoin: “We Want to Give Choice to Our Consumers”

Payment giant PayPal is planning to let its users withdraw cryptocurrency as soon as possible, revealed the company's blockchain lead Jose Fernandez da Ponte at the Consensus conference. While the company ships new developments every two months, it’s unclear when this new functionality will be coming to Paypal. дальше »

2021-5-27 16:25


PayPal Reportedly Discussing Its Own Stablecoin

Online payment operator PayPal is hitting the newswire today, reportedly discussing the creation of their own fiat-backed stablecoin. Adoption of broader mainstream crypto within major companies continues to grow, exemplified by this and other recent company discussions, such as eBay CEO Jamie Lannone discussing new potential payment options and potential utilization of NFTs in recent […] дальше »

2021-5-5 03:49


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Following PayPal’s Foray, eBay Looking to Storm Vibrant Trillion-Dollar Crypto Market

E-commerce giant, eBay Inc, has revealed a tentative plan to include crypto payments among its range of payment options for customers. The world’s 66th most valuable company made this announcement in a CNBC interview with the company’s CEO, Jamie Iannone, who stated that the company has started ‘considering’ the option given the growing demand for […] дальше »

2021-5-4 12:59


Paxos Raises Series D Funding From PayPal Ventures And Others

Today, blockchain infrastructure company Paxos closed a $300 million Series D round of funding, one of the largest ever among cryptocurrency and blockchain startups New Raise Is To Help Scale Operations Paxos, a major cryptocurrency corporation and PayPal’s crypto partner, has completed a huge fundraising round shortly after securing tentative approval to join a national […] дальше »

2021-4-29 22:29


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Paypal CEO Says Demand for Cryptocurrencies Is ‘Multiple-Fold’ of Initial Expectations

The CEO of payments giant Paypal, Dan Schulman, has revealed that the demand for cryptocurrencies has been “multiple-fold” of his company’s initial expectations. Paypal’s Venmo recently began rolling out cryptocurrency features to enable Venmo users to buy, sell and hold cryptocurrencies, including bitcoin. дальше »

2021-4-28 03:30


Institutional Demand in Bitcoin is Increasing at an ‘Accelerating Pace’ in 2021: Grayscale CEO

The crypto market is still buzzing off Tesla’s $1.5 billion bets on Bitcoin as the company designated 7.7% of its cash reserves to purchase Bitcoin (BTC) last month. In an interview with CNBC’s Squawk Box on Wednesday, Grayscale CEO, Michael Sonenshein, said this latest trend of institutions such as Tesla, Square, PayPal, and Twitter adding […] The post Institutional Demand in Bitcoin is Increasing at an ‘Accelerating Pace’ in 2021: Grayscale CEO first appeared on BitcoinExchangeGuide. дальше »

2021-2-12 20:27


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Paypal Launches Business Unit Dedicated To Cryptocurrency

Paypal is launching a new business unit dedicated to cryptocurrency services, the company chief executive officer Daniel Schulman announced this week. In an earnings call on February 3, 2021, Schulman said the existing financial system is outdated and that his firm will be investing a lot of money into blockchain and digital currencies. Schulman explained: […] дальше »

2021-2-6 05:15


PayPal Reveals a Record Quarter with Bitcoin; Crypto Users More Active than Nocoiners

While PayPal exceeded the expectations of Wall Street, its cryptocurrency feature surpassed the company's expectations. The fintech giant is now building its “digital wallet into a superapp.” The post PayPal Reveals a Record Quarter with Bitcoin; Crypto Users More Active than Nocoiners first appeared on BitcoinExchangeGuide. дальше »

2021-2-4 17:02


PayPay CEO: Bitcoin Support Will “Fundamentally Bolster” Crypto “Utility”

Bitcoin adoption metrics are reaching all-time highs, and the crypto asset’s price has been on a steady ascent higher since PayPal announced it would be supporting cryptocurrencies. But according to the company’s CEO, their support will “fundamentally bolster” the “utility” of cryptocurrencies by making them more accessible to the mainstream masses. Here’s how the payments […] дальше »

2020-11-5 23:00


PayPal’s Letter to European Commission Confirms Its Plans to Develop Crypto Capabilities

In a letter to the European Commission published in March this year, the global payment service, PayPal, stated they are in works to enable cryptocurrency capabilities on the platform. The company has yet to disclose plans in the digital assets arena completely, but the addition of Bitcoin (BTC) to the platform could be on hand. […] дальше »

2020-7-14 19:38