Tag Archives: paypal

Coinspeaker PayPal Announces Acquisition of Honey Science Corporation PayPal has announced that they reached an agreement for acquiring Honey, the money-saving browser extension and app. PayPal Announces Acquisition of Honey Science Corporation Continue reading at Coinspeaker

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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...

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...

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...

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...

One of the largest US banking institutions, the Bank of America, has recently decided to close the account of the former CFO of PayPal. The decision came without an explanation, despite the fact that he had been a client for over 20 years. Needless to say, Bitcoin’s censorship-resistant nature is one of the things that bring it up as a viable alternative in scenarios of the kind.Bank Of America Shuts Down An AccountThe former CFO of PayPal and current partner at Sequoia, Roelof Botha, shared...

In one sudden and swift move payments giant PayPal has cut off the thousands of performers on adult behemoth Pornhub that depended on the payment service to receive their payments. The pornographic platform indicated this in a blog post in the help section on the website. They wrote:“We are all devastated by PayPal’s decision to stop payouts to over a hundred thousand performers who rely on them for their livelihoods.”This, of course, has fundamentally changed the way and manner in which the...

PayPal suspends services for Pornhub. Over a hundred thousand pornographic actors are now cut off. Cryptocurrencies could thrive as a censorship-resistant payment method. In a drastic move, PayPal suspended its services to the world’s largest free pornographic site, Pornhub. Although the reasoning behind it is unknown, this could be an opportunity to show the intrinsic value that cryptocurrencies have. Traditional Services Without Censorship Resistance PayPal’s decision to stop payouts to...

A new kind of bitcoin trading platform is making its way to the front of the crypto line. Developed by brothers David and Ed Sapper, the platform – known as Block Bid – works as a way of allowing people to utilize crypto the way they would cash on PayPal.Block Bid – The PayPal of Crypto?David, the company’s co-founder and chief operating officer, stated in an interview:It’s engrained in our heads that no matter what website we go to, no matter what we buy, if it’s a PayPal checkout bot on the...