Ethereum’s $1.5K support weakens as ETH traders turn slightly bearish
ETH derivatives data shows bulls becoming less inclined to defend the current price level, creating an opportunity for more downside.
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PayPal held $604M in Bitcoin and other crypto at the end of 2022
BTC and ETH have the largest share in PayPal’s crypto assets, accounting for $291 million and $250 million in the asset breakdown, respectively.
US Government Delays Tax Reporting Rules for Cryptocurrency Brokers
The enforcement of a requirement for brokers to report gains made by crypto investors has been postponed by the U.S. Treasury Department and the IRS. The new tax rules, incorporated…
Software Firm Consensys Partners With Paypal, Metamask Users Can Use Payment Processor to Buy ETH
On Dec. 14, the Ethereum software firm Consensys announced that the company has teamed up with the payment processing giant Paypal. The integration allows Metamask wallet users to purchase ethereum…
MetaMask Partners With PayPal to Allow ETH Transfers for US Users
The Ethereum non-custodial wallet – MetaMask – joined forces with the payment provider PayPal to enable customers to purchase and transfer Ethereum (ETH). The service will initially be available only…
PayPal has become an episode of Black Mirror: Elon Musk
The "PayPal Mafia" including co-founders Peter Thiel and Elon Musk have slammed the payments platform over its "totalitarian" debanking policies.
PayPal Pushes Crypto Services For Europe Expansion With Luxembourg Launch
Financial service behemoth PayPal has announced expanding its crypto service to Luxembourg soon in its first foray into the European Union (EU). According to an update shared by the company,…
Paypal and Western Union File Trademarks for Wide Range of Crypto Services
Financial services companies Paypal and Western Union have each filed three new trademark applications covering a wide range of crypto services. Paypal’s applications are also for the payments giant’s logo.…
Hackers Are Taking Advantage of Typing Mistakes to Steal Cryptocurrency
A group of hackers have taken advantage of typing mistakes in order to introduce malware to Android phones and Windows-based PCs. Using a technique called typosquatting, which consists of registering…
Report: Paypal HK Halts Hong Kong Pro-Democracy Group’s Payments Over ‘Excessive Risks’
According to a report from a pro-democracy group in Hong Kong, Paypal HK has reportedly stopped processing payments for the League of Social Democrats (LSD). The pro-democracy group said that…
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