Cryptocurrency 

PayPal is the Latest to Introduce Cryptocurrency for Online Transactions

HomeNewsCrypto NewsPayPal is the Latest to Introduce Cryptocurrency for Online Transactions PayPal’s president and CEO, Dan Shulman, confirmed that cryptocurrency will be introduced shortly at the checkout service for online transactions, which will also waive transaction fees for purchases made with crypto. PayPal, the well-known online payment and transaction service, is the latest to start accepting the digital currency as a medium of exchange at its millions of global merchants. The news was shared by the company’s CEO at the end of March 2021. The new system will feature a…

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Blockchain 

PayPal Might Quit Facebook’s Libra Project

When it comes to the payments space, there is no other company that has a reputation as big as that of PayPal (NASDAQ:PYPL). Hence, when it emerged that the payments giant was going to be a part of the Libra Association, there was a lot of anticipation about the sort of product Libra was going to be. Key Details However, according to the latest reports, it has emerged that PayPal is now considering pulling out of the Libra Association. The reason behind the decision is tied to the regulatory issues…

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Blockchain 

Bakkt Hires PayPal and Google Veteran as Chief Product Officer

Bitcoin futures exchange Bakkt has a new chief product officer. Announced via Medium earlier today, the exchange has added Mike Blandina to its team. Bakkt Hires New CPO In previous years, Blandina has worked at PayPal where he served as head of payments and credit engineering. He has also been director of engineering for Google Wallet. In most recent years, Blandina was chief technology officer and product and engineering at OneMarket. CEO of Bakkt Kelly Loeffler wrote in the blog post: “As our CPO, Mike will lead our efforts to…

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Blockchain 

PayPal Makes Blockchain Investment in Cambridge Blockchain

It’s a bullish day in the cryptosphere. Paypal makes a blockchain investment and Bitcoin jumps above $5,079 USD. Bitcoin Jump: April Fool’s Joke? Bitcoin gained 21% in early trade and has now slightly corrected back down to $4,712 according to CoinMarketCap. However, no one knows why the Bitcoin jump happened in the first place. Now, some investors wonder if the rally was the result of some sort of April Fool’s joke. Zhao Changpeng, the chief executive officer of Binance, tweeted earlier today that he was “clueless” about what may have triggered Bitcoin’s…

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Cryptocurrency 

Crypto Online Transactions | UTRUST Wants to be the Paypal of Crypto

A Swedish company wants to make crypto online transactions as simple and as safe as using PayPal. But can such a feat be accomplished in such a volatile marketplace? Crypto Online Transactions The cryptocurrency market is still considered to be in its infancy, and many skeptics believe that, as a currency, it is hard to spend it day-to-day. Proof of this issue is that only 2% of online retailers accept crypto despite the increase in adoption for traders and businesses alike. Fear remains surrounding the volatile nature of a crypto’s price.…

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