Tag: paypal

  • Facebook Blockchain Arm Booms, Even Amid Crypto Bear Market

    Facebook Blockchain Arm Booms, Even Amid Crypto Bear Market

    Just months ago, David Marcus, the former president of fintech giant Paypal, was appointed as the inaugural head of Facebook Blockchain, the social media giant’s first stab at so-called “internet 3.0” innovation. But since Marcus’ appointment, many have been puzzled, as Facebook’s blockchain division has seemingly disappeared off the...

    Nick Chong | December 16, 2018 | 12:00 pm
  • paypal

    PayPal Delves Into Private Crypto With Internal Token Platform

    With crypto markets falling ever lower many are making an exit from the space. Not all are that quick to jump ship however, and PayPal is among those looking towards cryptocurrencies, albeit private ones, starting with an incentive platform for its employees. PayPal Tokens For Coffee With The...

    Martin Young | December 11, 2018 | 10:00 am
  • PayPal

    Coinbase and PayPal – A Match Made in Crypto Heaven?

    Crypto exchange giant Coinbase usually blows its own trumpet when a new option is available on its trading platform. This has not been the case however with the recent addition of PayPal as an option to withdraw fiat for a small number of its customers. There has been...

    Martin Young | December 4, 2018 | 3:00 pm
  • Bitcoin

    Withdrawing Crypto to Fiat From Bitfinex Now Costs Close to PayPal

    Converting crypto to fiat is not cheap anymore, at least on Bitfinex. The Hong Kong-based digital assets exchange on Sunday updated its fee structure for high-frequency wire withdrawals. It effectively imposed a 3 percent commission cut on all external wire withdrawal requests that would exceed 1) more than two...

    Davit Babayan | November 12, 2018 | 2:50 pm
  • Cult

    Is Bitcoin A “Cult”? A Former Paypal CEO Seems To Think So

    From the belief that Satoshi is Craig Wright, to some considering that Bitcoin is going zero, this nascent industry has had its fair share of unpopular and contrasting opinions. A former Paypal CEO’s appearance on CNBC has only cemented this theme, with this legacy market proponent likening crypto to...

    Nick Chong | August 15, 2018 | 9:00 am
  • PayPal

    PayPal CFO: Merchants Don’t Use Crypto Because of Its Volatility

    The CFO of PayPal has stated that merchants using the service are not in favour of accepting cryptocurrency payments. John Rainey, the chief financial officer of the online payments company, said that the volatility of digital currencies makes them unsuitable for use as a currency at present. Bitcoin...

    Rick D. | May 17, 2018 | 7:00 pm
  • paypal

    PayPal’s Ever Increasing Fees Will Push Users to Cryptocurrency

    PayPal was an innovator in digital payment services but as they introduce a new, costlier fee structure more people may find using Bitcoin and cryptocurrencies an easier, cheaper alternative. PayPal Increases Base Fees PayPal is a name recognized worldwide as a merchant payment system that has been allowing people to transfer...

    John McMahon | April 23, 2018 | 10:30 am
  • paypal

    PayPal Files Patent for Off-Chain Payments to Speed up Cryptocurrency Processing

    According to a recent patent filing, Paypal Inc. is developing a new protocol that will make crypto transactions faster — great news for Bitcoin and other digital currencies. Published last week, the patent details a new system that would transfer private keys outside of the blockchain to speed up transactions. Such...

    Thomas Delahunty | March 6, 2018 | 9:37 pm

NewsBTC is a news service that covers bitcoin news, technical analysis & forecasts for bitcoin and other altcoins. Here at NewsBTC, we are dedicated to enlightening people all around the world about bitcoin and other cryptocurrencies. We cover news related to bitcoin exchanges, bitcoin mining and price forecasts for various virtual currencies.


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