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PAYPAL

Xoom enables overseas transfers to 160 countries via PayPal stablecoin

by Isaac Wright
Xoom enables overseas transfers to 160 countries via PayPal stablecoin

PayPal’s international payment service, Xoom, will allow U.S.-based users to send money overseas using PayPal’s stablecoin, PYUSD.  The new option allows conversions from PYUSD to U.S. dollars, facilitating remittances to …

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Here Are Some Brutal Stories From People Swindled By Elon Musk Impersonation Scams

by Horatio Thompson
Here Are Some Brutal Stories From People Swindled By Elon Musk Impersonation Scams

The internet is filled with scam artists who try to swindle unsuspecting people out of their money. But impersonation scams that use Elon Musk and his bevy of tech companies—including …

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13 Brutal Stories From People Swindled By Elon Musk Impersonation Scams

by Ron Morgan
Here Are Some Brutal Stories From People Swindled By Elon Musk Impersonation Scams

The internet is filled with scam artists who try to swindle unsuspecting people out of their money. But impersonation scams that use Elon Musk and his bevy of tech companies—including …

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Bay Area tech layoffs finally start to weigh down region’s job market

by Vera Ward
Bay Area tech layoffs finally start to weigh down region’s job market

Two years of wrenching tech layoffs have weighed down the Bay Area’s job market in a big way — but experts say the impact has been somewhat mitigated by an …

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Bankrupt Celsius disburses $2b worth of crypto to creditors

by Isaac Wright
Bankrupt Celsius disburses b worth of crypto to creditors

Bankrupt cryptocurrency platform Celsius has allocated $2 billion worth of crypto to thousands of creditors. The distribution, facilitated through PayPal and Coinbase, forms part of Celsius Network’s ongoing strategy to …

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YouTube co-founder Steve Chen returns to Taiwan to tap tech talent, link island with Silicon Valley

by Walter Watson
YouTube co-founder Steve Chen returns to Taiwan to tap tech talent, link island with Silicon Valley

“The dream is they’d all be unicorns,” Chen added, using an industry term for an unlisted start-up valued at more than US$1 billion. Taiwan has enough talent to form several …

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Peter Thiel is bankrolling Enhanced Games: ‘Olympics on steroids’

by Edgar Davis
Peter Thiel is bankrolling Enhanced Games: ‘Olympics on steroids’

Silicon Valley billionaire Peter Thiel is throwing his financial muscle behind an “Olympics on steroids” — whose organizer boasts that athletes will dope “out in the open and honestly.” Thiel, …

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PayPal to Cut 2,500 Employees to ‘Right-Size’ the Company

by Isaac Wright
PayPal to Cut 2,500 Employees to ‘Right-Size’ the Company

Alex Chriss, the CEO of payment company Paypal, announced to the staff on Tuesday that an additional 9% of the workforce, approximately 2,500 positions, will be cut. The development follows …

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Upland distributed $13.5m to players in December 2023

by Isaac Wright
Upland distributed .5m to players in December 2023

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Upland, a web3 strategy game with over three million …

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PayPal Incentivizing People To Provide PYUSD Liquidity On Curve, CRV To The Moon?

by Isaac Wright
PayPal Incentivizing People To Provide PYUSD Liquidity On Curve, CRV To The Moon?

In a landmark move, PayPal, the payment processor, has incentivized PYUSD liquidity on Curve Finance, the world’s largest stablecoin decentralized exchange (DEX) by trading volume.  PayPal Incentivizing PYUSD Liquidity Via …

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