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” PayPal enables transfer of digital currencies to external wallets “ After rolling out the ability to buy and sell crypto on its platform in October 2020, PayPal is finally allowing users the ability to natively transfer, send and receive digital assets between PayPal and other wallets and exchanges. As of Tuesday, the feature is…
” WEF 2022: PayPal looks to embrace all possible crypto and blockchain services “ Global payment giant PayPal is doing its best to bring all possible blockchain and cryptocurrency integrations to its services, according to a senior executive at the firm. PayPal is working hard on supporting all possible digital services, including digital currencies and…
” Talos raises $105M to become the latest crypto unicorn valued at $1.3B “ PayPal-backed cryptocurrency firm Talos is becoming the latest unicorn in the industry, reaching a $1.25 billion valuation following new funding. Talos has raised $105 million in Series B funding round led by a major global growth equity firm, General Atlantic, according…
“Elon Musk ‘vehemently’ opposed Twitter’s Trump ban: report” Elon Musk “vehemently” opposed Twitter’s decision to ban former President Donald Trump, saying the social-media giant was wrong for “censoring … a sitting president,” according to a report. Jared Birchall, Musk’s top assistant who has been described as the “point man” for the Tesla CEO’s $44 billion…
” PayPal is shuttering its San Francisco office: Report “ Major United States-based payment processor PayPal will reportedly be closing its office in San Francisco, while the headquarters in nearby San Jose will remain available to employees. According to a Wednesday report from TechCrunch, the payments firm will be closing its offices in downtown San…
“Meta shareholders want Andreessen, Alford off board over Zuckerberg ties” A group of 15 Meta shareholders wants the Facebook parent to oust two prominent members from the social media giant’s board of directors — arguing their close ties to Mark Zuckerberg are hampering their ability to do the job. Shareholder Association for Research and Education…
” Singaporean fintech adds Bitcoin payments for merchants with BitPay partnership “ Nium, a cross-border payments firm based in Singapore, has announced the launch of a new API-based solution that will allow businesses to start accepting cryptocurrency payments. As per the announcement, the newly launched product is called Crypto Accept. It allows online sellers to…
“How Elon Musk and Peter Thiel almost died in a 2000 car crash” “So what can this thing do?” venture capitalist Peter Thiel asked from the passenger seat of the sleek, 627-horsepower McLaren F1. “Watch this,” Elon Musk replied. It was March 2000, one year after the 28-year-old Musk sold his first start-up for $22 million. He’d dropped…
” Portsmouth embraces Bitcoin payments for city bills “ In an effort to embrace virtual money, the city of Portsmouth, New Hampshire, will allow residents to pay their bills in Bitcoin (BTC) and other cryptocurrencies. Deaglan McEachern, the city’s mayor, proposed the idea to city officials, who feel it will provide residents with more payment…
” Mobile banking app Dave scores $100M investment from FTX US “ On March 21, mobile banking application Dave announced a partnership with FTX US to provide cryptocurrency payments on the platform. It also announced a $100 million investment from FTX Ventures. In the statement, Dave said the investment would aid its strategy for future…