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PayPal Co-Founder Peter Thiel Injects $30 Million into Crypto Firm BlockFi to Improve Cash Flow and Expand Product Lines
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PayPal Co-Founder Peter Thiel Injects $30 Million into Crypto Firm BlockFi to Improve Cash Flow and Expand Product Lines

The series B offering was led by Valar Ventures, which is a venture capital company backed by PayPal co-founder Peter Theil. Other investors in the offering round included Winklevoss Capital, Avon Ventures, Morgan Creek Digital, CMT Digital, PJC, and Akuna Capital. New investors included Purple Arch Ventures, Arrington XRP Capital, Kenetic Capital, HashKey Capital, and Castle Island Ventures.

PayPal May Buy Digital Asset Custodian BitGo Following Crypto Market Entry
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PayPal May Buy Digital Asset Custodian BitGo Following Crypto Market Entry

PayPal may be looking to penetrate the market further following its recent crypto payments announcement, rumors indicate the firm may buy digital asset custodian BitGo.

New Zealand Police Seize about $6.7m Cryptocurrency from Jarothe n David McIvor for Alleged Money Laundering
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New Zealand Police Seize about $6.7m Cryptocurrency from Jarothe n David McIvor for Alleged Money Laundering

The New Zealand police confiscated about $6.7m cryptocurrency from Jarothe n David McIvor, a software developer, in Hamilton for alleged money laundering via online movie piracy in the United States.

SingularityNET Announces the Successful Integration of PayPal Payments in its Decentralized Beta Marketplace
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SingularityNET Announces the Successful Integration of PayPal Payments in its Decentralized Beta Marketplace

The SingularityNET Foundation, the leader in decentralized AI technology, announces today the successful integration of PayPal payments into their blockchain-based artificial intelligence marketplace.

G7 Reports Stablecoins Like Libra Threaten Financial Security
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G7 Reports Stablecoins Like Libra Threaten Financial Security

According to the BBC, the G7 group of nations has drafted a report outlining nine major risks that digital currencies, such as Facebook’s proposed Libra, pose to the global financial system.

PayPal Officially Confirms that It is Acquiring Crypto Custody Firm Curv
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PayPal Officially Confirms that It is Acquiring Crypto Custody Firm Curv

PayPal Inc. has officially confirmed its plans to acquire the crypto startup company Curv.

MicroStrategy Plans to Purchase Additional Bitcoin Reserves With Excess Cash
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MicroStrategy Plans to Purchase Additional Bitcoin Reserves With Excess Cash

MicroStrategy has revealed to its investors that it has plans to purchase “an additional Bitcoin” with the company’s excess liquidity

Dr. Ben Goertzel—Creating an AI Marketplace for Paypal’s 286 Million Users
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Dr. Ben Goertzel—Creating an AI Marketplace for Paypal’s 286 Million Users

In this second part, we discuss SingularityNET recent projects and collaborations with Toda Network, PICC Services and PayPal.

Ethereum Co-Founder: Facebook Not Fit to be Libra’s Driving Force
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Ethereum Co-Founder: Facebook Not Fit to be Libra’s Driving Force

Joseph Lubin, Ethereum’s co-founder, has asserted that Facebook should not spearhead the Libra project based on the concerns raised about its reputation.

PayPal Reports Fourth Quarter Earnings Boosted by Bitcoin and Crypto Service
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PayPal Reports Fourth Quarter Earnings Boosted by Bitcoin and Crypto Service

PayPal has experienced a rise in revenue from its Bitcoin business since adding crypto into its network in October last year.

PayPal Payment Giant to Expand Cryptocurrency Offerings to UK Market Within Months
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PayPal Payment Giant to Expand Cryptocurrency Offerings to UK Market Within Months

PayPal has revealed a brief timeline, indicating the expansion of its crypto business to the UK market in a few months’ time.

How To Buy Bitcoin and Crypto With Paypal in 2021
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How To Buy Bitcoin and Crypto With Paypal in 2021

In November 2020, PayPal announced that all US users would be able to buy bitcoins and 3 other cryptocurrencies (LTC, BCH, ETH) directly through their PayPal digital wallet.

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