PayPal | ForkLog

ForkLog 8 01.06.2023

Web3 startup Magic raises $52m in round led by PayPal Ventures

The venture arm of the payments giant PayPal led Magic's $52m funding round. The company has developed software that helps corporations engage with customers in the Web3 space.

AI translated

ForkLog 10 10.05.2023

PayPal clients’ cryptocurrency holdings reach $1 billion

The payments giant PayPal reported protection of nearly $1 billion in clients' digital assets, despite its relatively recent entry into the market.

AI translated

ForkLog 16 29.04.2023

Venmo to add option to withdraw cryptocurrency to external wallets

Venmo, the PayPal-owned mobile payments service, announced the ability to transfer digital assets between users and withdraw to external wallets.

AI translated

ForkLog 6 13.02.2023

Bloomberg reports PayPal’s pause in developing a stablecoin

The payments giant PayPal has paused development of its own stablecoin amid news of the NYDFS's investigation into Paxos, the issuer of BUSD and USDP. Bloomberg reports.

AI translated

ForkLog 11 10.02.2023

PayPal customers bought $604 million in cryptocurrency

The value of customer-held digital assets on PayPal's balance sheet at the end of 2022 was $604 million. Such data are contained in the company's annual report to the SEC.

AI translated

ForkLog 10 01.02.2023

PayPal to lay off about 2,000 employees — roughly 7% of the workforce

PayPal chief executive Dan Schulman told his team in an email that roughly 2,000 employees, or about 7% of the workforce, would be laid off.

AI translated

ForkLog 10 15.12.2022

MetaMask to enable cryptocurrency purchases via PayPal app

ConsenSys will add to the non-custodial MetaMask wallet the ability to buy cryptocurrency via the PayPal app.

AI translated

ForkLog 6 10.10.2022

PayPal denies misinformation fines; crypto community outraged by plans.

PayPal said the notice about plans to fine users up to $2,500 for misinformation was erroneous. The crypto community criticised the payments giant and reminded of the importance of decentralisation.

AI translated

ForkLog 4 21.09.2022

Colorado Allows Tax Payments in Cryptocurrencies

The Colorado Department of Revenue has allowed residents to make tax payments in cryptocurrencies.

AI translated

ForkLog 7 16.08.2022

PayPal Adds Bitcoin Support to Its Mobile App

The payments company PayPal has added the ability to buy, sell, and transfer cryptocurrencies via its mobile app.

AI translated

ForkLog 18 07.06.2022

PayPal adds option to withdraw Bitcoin and other cryptocurrencies to external wallets

PayPal has opened the ability to transfer cryptocurrency between accounts and to withdraw it to external wallets.

AI translated

ForkLog 9 23.05.2022

PayPal signals intent to broaden integration with crypto markets

PayPal is pulling out all the stops to integrate every possible blockchain and cryptocurrency integration into its services, according to Vice President Richard Nash at the World Economic Forum in Davos.

AI translated

#PayPal