PayPal

Platform Industry: Bitcoin and digital currencies

MicroStrategy to borrow $600 million to buy more bitcoin

Major bitcoin corporate backer MicroStrategy will borrow $600 million to buy more of the currency, it said on Tuesday, as the cryptocurrency surged past $50,000 in a rally fuelled ...

PayPal

PayPal blocks crowdfunding site GiveSendGo due to Capitol violence

PayPal has said it had blocked a Christian crowdfunding website, GiveSendGo, after it helped raise funds for those that attended last week’s event when supporters of Presiden...

Platform Industry News: Crypto platforms and cryptocurrencies

Bitcoin trades near $34,800 record following an 800% surge

Bitcoin traded 33,365 in Asia today, after soaring to a record high of $34,800 on Sunday as traders continue to bet that the electronic money is on its way to becoming a mainstream...

Platform Industry: Bitcoin and digital currencies

Bitcoin surges to all-time record as 2020 rally powers on

Bitcoin jumped to a record high against the dollar on Monday, as its 2020 rally steamed ahead, boosted by increased demand by both retail and institutional investors that watched t...

Platform Industry: Bitcoin and digital currencies

Will Bitcoin hit $100,000 in 2021? Outrageous, or a no-brainer

Bitcoin investors, which include top hedge funds and money managers, are gambling the digital money could more than quintuple to as large as $100,000 in a year.

PayPal

PayPal tops estimates amid surge in online shopping but outlook disappoints

PayPal Holdings Inc beat Wall Street estimates for quarterly earnings and profit on Monday, boosted by a surge in electronic payments as COVID-19 lockdowns globally drove more busi...

PAyPal

PayPal to open up network to cryptocurrencies

In a significant move, PayPal has said it will allow clients to hold bitcoin along with other digital coins on its own online wallet and shop utilizing cryptocurrencies in the 26 m...

Platform News: Ant Financial

Alibaba’s Ant Group files for dual listing in Hong Kong and Shanghai

Ant Group, Alibaba’s FinTech arm and China’s dominant mobile payments business, filed for a dual listing in Hong Kong and on Shanghai’s Nasdaq-style STAR Market. ...

Platform News: President Trump speaking at the White House

Big Tech takes aim at Trump’s H1B visa decision

US President, Donald Trump has suspended the entry of some foreign workers in a bid to boost domestic hiring, sparking opposition from corporate America and tech sector executives.

Platform News: Facebook and WhatsApp messaging service

WhatsApp and PayPal invest in Indonesian super app Gojek

Facebook messaging platform WhatsApp and PayPal Holdings have said they have invested in payment, food delivery and ride-hailing app operator Gojek as part of the Indonesian firm&#...

PAyPal

PayPal to buy rewards platform Honey Science for $4 billion

Reuters – Payment processor PayPal said on Wednesday it would buy privately held shopping and rewards platform Honey Science Corp for about $4 billion (£3.10 billion).