• PayPal crypto
    Bitcoin,  Cryptocurrencies,  Ethereum,  Litecoin

    PayPal crypto service goes live

    The digital payments company’s U.S. customers can now buy and sell bitcoin, ether, bitcoin cash, and litecoin in their accounts, heralding a new level of mainstream availability for cryptocurrencies

    Announced last month, the crypto support went live for U.S. customers on Nov. 12, marking a new level of mainstream availability of cryptocurrency. In addition, PayPal said it will “significantly increase cryptocurrency's utility” as it will be usable for purchases at the company’s network of 26 million merchants worldwide.

  • Is PayPal buying BitGo
    Bitcoin,  Ethereum,  Litecoin

    Bloomberg: Is PayPal buying crypto custodian BitGo?

    The report cites anonymous sources who say PayPal is in talks to buy crypto firms including the competitor of its announced custodian Paxos

    Citing anonymous sources, the Bloomberg report said that PayPal Holdings is looking to double down on its jump into crypto this week. No other firms were mentioned by name, and the sources made clear BitGo was not a done deal.

  • PayPal adds support Bitcoin
    Bitcoin,  Cryptocurrencies,  Ethereum,  Litecoin

    PayPal adds support for bitcoin, other cryptos

    26 million merchants will be able to accept payments in bitcoin, ether, bitcoin cash, and litecoin ‘in the coming weeks’

    Saying the “shift to digital forms of currencies is inevitable,” PayPal president and CEO Dan Schulman announced that customers would be able to buy, sell, and hold bitcoin and three other cryptocurrencies in their accounts.

  • RenVM bridges blockchains
    Cryptocurrencies,  Technology

    RenVM bridges Bitcoin, Ethereum blockchains

    Ren says its ultimate goal is to connect ‘any imaginable pair of blockchain-based tokens’—telling Modern Consensus this could start happening within months

    An open decentralized finance protocol has launched its core product today: RenVM bridges blockchains, enabling Bitcoin, Bitcoin Cash, and Zcash to be brought to the Ethereum blockchain.

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