Category: paypal

Bakkt Brings on ex. Google Consultant as it Builds Its Mobile App Bakkt Pay

Photo: Coinspeaker Bakkt decided to add a former Google consultant to its team as they are getting closer to releasing a product. Chris Peterson, formerly a UX consultant for Google, joined cryptocurrency venture Bakkt earlier this month as the firm works on rolling-out a mobile application for a digital asset […]

Is Facebook’s Libra a Real Threat to Bitcoin?

If there was a competition between Libra and Bitcoin, head of Facebook’s blockchain sector David Marcus seems to have conceded rather than overselling the facts. As the news about new Facebook’s Libra coin didn’t exactly land on fertile ground, its head men are making a great effort to show that […]

Report: Facebook’s Calibra Digital Wallet Will Not Be Available in Its Largest Markets

Facebook’s Calibra digital wallet will not be available in some of the social network’s largest markets, including India, according to a TechCrunch report on June 19. A spokesperson told the website: “The libra blockchain will be global, but it will be up to custo dial wallet providers to determine where they will and will […]

Internet Authority: History of Centralized Companies Being Hostile Toward Crypto

On June 10, one of the top cryptocurrency media sites, CCN, initially announced that it would shut down, citing a June 3 Google Core Update for stifling its traffic. Writing on the website, the director and founder of CCN Markets and Hawkfish AS, Jonas Borchgrevink, blamed the update for an […]

Facebook’s Crypto Backed by Visa, PayPal, and Uber; Whitepaper Due in Days

In the lead up to Facebook’s official cryptocurrency reveal, the social media titan has signed up gigantic backers for its “Project Libra” as well hiring senior UK bank lobbyist, Ed Bowels. This, according to reports from The Wall Street Journal (WSJ) on June 13, 2019, and the Financial Times. In addition, […]

Two Blockchain Startups Join Hands for Amazon Purchases with Ethereum

Photo: The Amazon blog In view of the recent partnership agreement between the crypto payment processing firm – CLIC Technology and its blockchain infrastructure & Business-to-Business (B-2-B) pair – Opporty, it was recently announced that both projects are working on a blockchain dApps ‘browser extension’. This will allow Amazon customers […]

Facebook Cryptocurrency Attracts Big Investors Including PayPal and MasterCard

GlobalCoin, the new cryptocurrency of Facebook, will be backed by more than a dozen companies including PayPal, Mastercard, Stripe, and Uber. According to a report made by The Wall Street Journal, the social media giant will have more than a dozen investors in its GlobalCoin cryptocurrency, a stablecoin which has […]

MasterCard, Visa, Uber and Other Big Companies Backing Facebook’s Cryptocurrency

Visa, Mastercard and PayPal are set to be backers of Facebook’s cryptocurrency along with a number of other companies, including Uber. Each will invest approximately $10 million into a foundation that will govern the coin. It seems Facebook Inc. has signed up more than a dozen companies including Visa Inc.,Mastercard […]

WSJ: Facebook Crypto Project Seals $10M Investment Each From Visa, Mastercard, Paypal, Uber

Facebook has allegedly sealed backing from over a dozen firms that include Visa, Mastercard, PayPal and Uber for its soon-to-be-unveiled cryptocurrency project. The news was reported by the Wall Street Journal (WSJ) on June 13. Source ostensibly familiar with the matter told the WSJ that the firms — extending across […]