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Tag Archives: PayPal

Crypterium to Allow Its Users to Shop on eBay, Refill PayPal and Bank Accounts With Cryptocurrencies

In recent months, reports have emerged stating that PayPal, the leading online payments provider may be making a move in favor of cryptocurrencies. This has been echoed by PayPal’s previous business companion eBay. Yet, there seems to be an alternative in the market. Blockchain-based startup Crypterium led by former Visa UK CEO Marc O’Brien enables its users to send crypto ...

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Former PayPal CEO Brands Bitcoin a ‘Cult’, Trashes Use Cases

Bitcoin believers and enthusiasts beware, you could be unwitting members of a cult if Bill Harris is to be believed. Speaking on CNBC’s Fast Money program, the former CEO of payments services firm PayPal claimed that bitcoin’s supposed advantages are non-existent. “The cult of bitcoin make many claims — that it’s instant, free, scalable, efficient, secure, globally accepted and useful ...

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Bitcoin’s Volatility Renders it Useless as a Payment Method, Says Former PayPal CEO

Bill Harris has made clear his view on cryptos several times. The former PayPal CEO has in the past described Bitcoin as the ‘greatest scam in history’ and a massive ‘pump and dump scheme.’ Harris recently reiterated his stand, further claiming that all the praise that Bitcoin has been receiving as an efficient payment method is fabricated and untrue. Bitcoin ...

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Is Bitcoin A “Cult”? A Former Paypal CEO Seems To Think So

From the belief that Satoshi is Craig Wright, to some considering that Bitcoin is going zero, this nascent industry has had its fair share of unpopular and contrasting opinions. A former Paypal CEO’s appearance on CNBC has only cemented this theme, with this legacy market proponent likening crypto to a cult. Bitcoin Is A Cult? I Don’t Think So Although the ...

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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 ...

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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 ...

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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 ...

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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 ...

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