Saturday, May 15, 2021
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PayPal crypto partner Paxos raises $300M

Paxos, a major cryptocurrency company and PayPal’s crypto collaborator, has completed a massive fundraising round shortly after receiving preliminary approval to form a national trust bank.On Thursday, the firm announced a new $300-million Series D funding round bringing Paxos’ valuation to $2.4 billion. The new funding round included previous Paxos investors

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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

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Buying With Bitcoin? PayPal Fine Print Reveals Swap To Fiat

Today, news broke that PayPal is ready to launch cryptocurrency payments to merchants, allowing its massive userbase of millions to pay with Bitcoin and the other altcoins has offered since the middle of last year. However, like all things related to centralized platforms getting involved in cryptocurrencies, there’s a catch. PayPal To

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PayPal FOMO Pushes Binance Coin (BNB) To 3-Week High; What’s Next?

PayPal’s latest decision to launch a cryptocurrency checkout service included support for four digital assets: bitcoin, ether, bitcoin cash, and litecoin. Still, Binance exchange’s native cryptocurrency, Binance Coin, benefited the most from the global payment giant’s pro-crypto declaration. Binance Coin, or BNB, surged more than 8 percent on Tuesday, hitting $304.39,

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JPMorgan to Launch Crypto Exposure Basket that Has MicroStrategy and PayPal

The cryptocurrency exposure basket will have MicroStrategy (20%), Square (18%), Riot Blockchain (15%), NVIDIA (15%), PayPal Holdings (10%), etc.A debt instrument is set to be released by JPMorgan Chase & Co (NYSE: JPM) in a bid to ensure that investors get access to a crypto exposure basket featuring several cryptocurrency-related

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