Home » Tag Archives: PayPal

Tag Archives: PayPal

New ASU Blockchain Lab Research Shows Dash Can Easily Scale Near PayPal Levels

This post is also available in: Français Deutsch Português Русский New research from the blockchain research laboratory at Arizona State University (ASU) shows that the Dash network can scale on-chain to over half of PayPal’s current transaction levels with ease. The newly-released research paper, titled Block Propagation Applied to Nakamoto Networks, explores the viability of scaling the Dash network to ...

Read More »

Upcoming Dash Research Shows Network Can Easily Scale Near PayPal Levels

Upcoming research from Arizona State University (ASU) shows that the Dash network can scale on-chain to over half of PayPal’s current transaction levels with ease. The soon-to-be-released research paper, titled Block Propagation Applied to Nakamoto Networks, explores the viability of scaling the Dash network to mass levels on-chain primarily through increasing the block size. The paper specifically explores propagation techniques ...

Read More »

SEC Obtains Court Order Against ICO for False Endorsements Including PayPal and Boeing

The US Securities and Exchange Commission (SEC) has obtained a courter order to halt the activities of an initial coin offering (ICO) that defrauded investors, the SEC announced May 29. According to the SEC press release, Titanium Blockchain Infrastructure Services Inc. has raised $21 mln from investors both in and outside the US. A complaint from the SEC that was ...

Read More »

Ali Baba & PayPal Reject Crypto as a Medium of Exchange

Big investors and business icons are rejecting cryptocurrency as a viable medium for exchange. The market has been struggling to become a “reliable currency” despite several countries legalizing digital currencies and crypto exchanges. Bearish remarks from trend makers have been negatively impacting the crypto market. Bitcoin price (BTC) plummeted to the $8,000 level while the entire cryptocurrency market capitalization dipped ...

Read More »

PayPal CFO John Rainey | Rejects Bitcoin as a Reliable Currency

Bitcoin price (BTC) is crashing instead of rallying: Bitcoin price has failed to generate gains for investors since Warren Buffett, and Bill Gates rejected the cryptocurrency markets two weeks ago. Bitcoin price lost almost $1,800 in the last two weeks.  Several other industry experts are also refuting bitcoin’s potential to work as an alternate currency. They believe the higher level ...

Read More »

Bitcoin Price Too Volatile for Merchants, Claims PayPal CFO

Join our community of 10 000 traders on Hacked.com for just $39 per month. The bitcoin price is too volatile to make it a useful payment tool for merchants, PayPal CFO John Rainey claimed in a recent interview. Bitcoin Price Too Volatile for Merchants Rainey made this claim during a recent episode of “Mad Money,” explaining that merchant margins are ...

Read More »

PayPal CFO: Merchants Don’t Use Crypto Because of Its Volatility

The CFO of PayPal has stated that merchants using the service are not in favour of accepting cryptocurrency payments. John Rainey, the chief financial officer of the online payments company, said that the volatility of digital currencies makes them unsuitable for use as a currency at present. Bitcoin Proving Too Volatile to Use as a Currency Speaking in an exclusive ...

Read More »

PayPal CFO Says Merchants Aren’t Interested in Crypto Due to Volatility

PayPal CFO John Rainey said in an interview with CNBC May 16, that the company doesn’t see much interest in digital currencies because price volatility threatens the viability of their merchants’ businesses. Centralized payment service PayPal was a pioneer in accepting cryptocurrencies. Merchants could opt-in to accept Bitcoin (BTC) on the platform as far back as 2014, when BTC was ...

Read More »

How to Buy Bitcoin with PayPal

In order to buy Bitcoin, casual investors want to avoid the complicated process of setting up an account with exchanges or going the mining route – two rather detailed and laborious processes. Thankfully PayPal offers a more convenient method to acquire digital currencies.  Below we’ve provided a detailed explanation on how to buy bitcoins with PayPal – in hopes of easing ...

Read More »

In Attempt To Regain Relevance, Ousted PayPal CEO Says Crypto Traders Are ‘Drinking the Kool-Aid’

Mere days after his first public attack on Bitcoin (BTC) as a “scam,” former PayPal CEO Bill Harris has said that crypto traders are “drinking the Kool-Aid” in an apparent reference to the Jonestown Massacre of 1978, when more than 900 people died after purposefully ingesting Kool-Aid laced with poison at their cult leader’s behest, CNBC reports today, April 27. ...

Read More »