PayPal Makes Its First-Ever Investment in a Blockchain Startup

Online payments giant PayPal has taken a stake in Cambridge Blockchain – its first investment in the blockchain space.

MercadoLibre Dumps Crypto Days after PayPal’s $750 Million Investment

MercadoLibre, a Latin American e-commerce giant with a presence in nearly 20 countries, recently started warning users that cryptocurrency-related listings will be banned from its platform. The company made the announcement just days after receiving a ...

MercadoLibre Dumps Crypto Days after PayPal’s $750 Million Investment

MercadoLibre, a Latin American e-commerce giant with a presence in nearly 20 countries, recently started warning users that cryptocurrency-related listings will be banned from its platform. The company made the announcement just days after receiving a ...

Bitcoin is ‘Potentially Disruptive’ to PayPal & Visa: Analyst

Bitcoin or another cryptocurrency won’t supplant PayPal and credit cards as payment options yet, but they could in due time. That’s the assessment of Lisa Ellis, an equity analyst with sell-side research firm MoffettNathanson. “Cryptocurren...

Coinbase Extends PayPal Withdrawal Option to 32 European Countries

Coinbase customers in the EU and European Free Trade Association countries can now make withdrawals into their PayPal accounts.

PayPal CEO Shades Bitcoin: ‘We’re Not Seeing Many Retailers Accept Cryptocurrencies’

By CCN.com: PayPal CEO Dan Schulman expressed skepticism about mass merchant adoption of bitcoin, noting that there are very few retailers that currently accept crypto. Schulman made the remarks Wednesday (Jan. 23) at the 2019 World Economic Forum in D...

Clever Play? PayPal CEO Offers Help to Workers Hurt by US Government Shutdown

Dan Schulman, the president and CEO of PayPal, said that the fintech giant would provide federal employees affected by the partial US government shutdown with an interest-free $500 line of credit. PayPal to Dole Out $25 Million in Interest-Free Cash Ad...

Switzerland Merchants Charged 8% by PayPal Showing Merits of Crypto

PayPal, a leading payments processor valued at over $97 billion, charges merchants high percentage-based fees on top of a flat based fee of 2.9 percent. The high transaction fee of PayPal has led merchants to explore alternatives like crypto to minimiz...

Coinbase Launches Direct Crypto to Crypto Conversion for U.S Customers

As part of its 12 Days of Consecutive Announcement, major cryptocurrency exchange Coinbase has launched a new feature that allows investors to convert their cryptocurrencies into other digital assets, according to a company announcement on December 17,...

Bitcoin Bomb Threats, Romanian Fraud Arrests, Bitcoin Cash Continues to Plummet, Coinbase Integrates Paypal...

Several Notches Above Ransomware An extortion scheme which sought to terrorize people into paying over BTC made global headlines over the course of the week. The threats happened worldwide, at a minimum being reported in the US, New Zealand, and Austra...