Tag: PayPal

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Tether tops Paypal and Bitcoin for average daily transfer value

Average daily transfer value for Tether exceeded that for Bitcoin in August. The average daily transfer value for Tether has surpassed that of Bitcoin and PayPal according to recent research. A report by CoinMetrics has revealed that Tether’s 7-day average adjusted transfer value reached over $3.55 billion as of August 20. This is around 20%…
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PayPal Letter Seems to Confirm Crypto Capability Rumors

Global payments giant PayPal could indeed be developing a crypto-based solution, this document shows. PayPal has confirmed that it is developing capabilities in the cryptocurrency space, according to a letter to the European Commission. Originally submitted on March 20, the document was intended as a response to the European Commission’s public consultation on building a European…
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Bitcoin Stagnates, Criminals Targeted, $288K Prediction: Hodler’s Digest, June 29–July 5

Bitcoin is struggling to punch through stubborn resistance at $9,300, and a Russian court has effectively ruled BTC theft is not a crime. Coming every Sunday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much…
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OKCoin Exec Says PayPal Will Boost Crypto Adoption, If Rumors True

OKCoin’s COO said a PayPal crypto listing would give the industry vast exposure. Rumors recently surfaced of mainstream payment giant PayPal adding crypto as an option on its platform. Although he had no additional information on the legitimacy of the rumors, OKCoin COO Jason Lau said digital assets on PayPal would further crypto adoption.  “When a…
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American Pundi X Merchants Can Now Sell Crypto Via PayPal

As the crypto community’s anticipation for PayPal’s exploration into crypto grows, Pundi X has integrated the payments processor for its point-of-sale devices. Singapore-based blockchain firm Pundi X has integrated PayPal support for its point-of-sale device ‘Xpos.’  PayPal is the first mobile payment gateway to be integrated onto Xpos, and users from more than 30 countries…
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PayPal Crypto Rumors, RIP Wirecard, Telegram Settles: Hodler’s Digest, June 22–28

You might be able to buy crypto on PayPal soon, but it’s unlikely that you’ll be getting anything from Wirecard. Coming every Sunday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — a…
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Wright Decision & Paypal Allowing Crypto: Bad Crypto News of the Week

Check out this week’s Bad Crypto podcast. It’s been a relatively calm time for Bitcoin this week. The price has dropped a little, but not much and it’s still tickling $10,000. That makes concerns about a correction that takes the coin as low as $7,700 feel moot. If it happens, some experts say it would…
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Decred Co-Founder Calls PayPal and Crypto ‘An Odd Combination’

Decred’s co-founder said cryptocurrencies may not fit PayPal’s model. PayPal could be gearing up to work with crypto assets, according to recent rumblings, although Decred co-founder Jake Yocom-Piatt is unsure of those rumors’ validity. “It’s hard to say whether these are rumors or not regarding PayPal accepting cryptocurrencies soon,” Yocom-Piatt told Cointelegraph via email correspondence when asked…
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PayPal is Hiring Crypto Engineers Amid Rumors of Bitcoin Integration

There are two public-facing job listings for crypto pros to go to work for PayPal. PayPal is hiring crypto and blockchain experts amid rumors that the global payment platform will enable direct cryptocurrency purchases for its 305 million users. The job descriptions they’re hiring for are publicly available on the company’s own job board. The…
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‘Risky’ Tokenized Real Estate Platform Hits New Heights After Paypal Ban

Ethereum-based tokenized real estate platform hits ATH after turning to crypto following a permanent ban by PayPal. U.S. tokenized real estate platform RealT hit record highs in sales and new users after it turned to crypto-only transactions, following a ban by payments platform Paypal in April. The Ethereum-based startup tokenizes and sells U.S. property, allowing…
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