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FinTech

Ex-Uber CEO Sold Close to $1.5 Billion of Shares Shortly after Lockup Expiration

Co-founder and former Uber Chief Executive Officer Travis Kalanick, has been in the news recently as he has been offloading his shares in the ride-hailing company, at an alarming rate. Earlier this week, Kalanick disposed approximately $578 million of his Uber shares over a few days notably after a binding lockup period expired on Wednesday, Nov. 6. It would seem like Kalanick might be well on his way to dispose of a lot more of his holdings.According to a Bloomberg report, the ex-CEO’s total...

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Booking Airbnb with Bitcoin is Now Possible

The value of cryptocurrencies is constantly fluctuating, but that doesn’t stop people and businesses from using them to conduct money transactions.Nowadays, you can use Bitcoin – the cryptocurrency that started everything – on Amazon, gambling venues such as the Sloto Cash online casino, and as of late – Airbnb as well.On November 11th, it was announced that Fold now supports payments to Airbnb, allowing people to book stays while enjoying some extra benefits.According to ads, Fold users will...

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PayPal CEO Explains Withdrawal from Facebook’s Libra Association

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HODLer: PayPal CEO Dan Schulman Admits That He Owns Bitcoin

The CEO of PayPal, one of the world’s largest and most established online payment processors, has revealed in an interview that he owns Bitcoin and no other cryptocurrencies. He also talked about Libra and why his company decides to withdraw from the project.PayPal’s CEO Owns BitcoinIn a recent interview with Fortune, the CEO of PayPal, Dan Schulman, shared his views on cryptocurrencies and revealed interesting insights about the work his company is doing in the field.He said that there is a...

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Telegram Starts $100,000 Data Clustering Contest for Developers

As on date, a massive amount of data and content is being created and shared every second on the internet. Messaging apps like WhatsApp, Messenger, and Telegram have been the hot mediums to move data. One of the major challenges these companies are facing today is to segregate the right information.With such massive data available, users are usually overwhelmed with excess data. Now, to enhance the user experience, messaging giant Telegram has come up with a new Data Clustering Contest for...

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YСombinator’s Crypto Compliance Startup Raises $4.2M from Investors Including Paypal Ventures

A San Francisco -based startup TRM Labs, which emerged from YCombinator and looks at blockchain analysis as a tool for the ensuring of compliance, has received $4.2 Million in funding from various investors that included PayPal Ventures. The big problem with compliance for cryptocurrencies and blockchain technology is that most banks and financial institutions would rather not deal with the intricacies and the technological hoops which they would have to leap through before they get a clear...

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PayPals Ex CFO wird von der Bank of America verbannt ?

Die Bank of America hat beschlossen, das Bankkonto von Roelof Botha, einem der besten Risikokapitalgeber der Welt und ehemaligen CFO von PayPal, zu schließen. Roelof Botha gehört eigentlich zu den Personen, um die sich Banken streiten müssten. Für die Bank of America trifft dies scheinbar nicht zu. So wird man einen Kunden los und zukünftig eventuell noch weitere. After being a customer of...

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Bank of America Shuts Down PayPal ex-Executive’s Account

An ex Paypal official complained that Bank of America has notified him of shutting down his account soon without any explanation given. Actually, the bank did say it “carefully reviewed his banking relationship”, whatever that supposed to mean. Former Paypal’s CFO Roleof Botha said he was utterly surprised when he saw the notification about closing down his account. And, not just that, Bank of America was so kind so it gave Botha 30 days to “take his money and run”.After being a customer of...

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