Hardware wallets are one of the greatest deals in the cryptocurrency world, providing substantial security for a reasonable price. At least, that’s how it’s supposed to work. But a new eBay scam is turning those dreams of safe, secure crypto coins into a nightmare for some unwary users.
According to tech industry news website Re/code, PayPal subsidiary Braintree will soon announce that it has entered into a bitcoin-payment processing arrangement with Coinbase, possibly as early as today. Braintree’s service is widely used by a variety of tech startups, including openly disruptive, peer-to-peer services like Uber and Airbnb, which are seemingly ideal adopters for […]
This morning, the official PayPal YouTube channel uploaded new video titled “PayPal Voices,” focusing on the increasingly peer-to-peer nature of transactions in an increasingly decentralized economy. But a single line of the video’s text holds huge ramifications for the bitcoin community, as well as the future of digital currency. Roughly eight seconds into the video, […]
Mechant-focused online payment gateway Braintree may soon become the first eBay-owned product to experiment with bitcoin payments. The Wall Street journal reported yesterday that Braintree was “in talks” with Coinbase and other bitcoin payment processors to launch a new digital currency payment option. Should a deal be reached, the impact on the bitcoin ecosystem could […]
In an event held yesterday, eBay’s payment subsidiary PayPal hosted a packed presentation about the future of bitcoin payments called “PayPal TechXploration.” The event, covered in depth by CoinDesk, took place at the Town Hall space of PayPal’s office in San Jose, California. According to the report, demand for the conference was huge, with hundreds […]
As part of today’s global cultural zeitgeist, it’s hardly surprising that bitcoin and the ideas behind it has become a hot topic in the art world. Cryptocurrency has inspired entire gallery shows, as well as some poignant individual works by artists from around the world. One of those works, “Last Bitc0in Supper” by the French […]
It’s not exactly a secret that eBay CEO John Donahoe has a soft spot for bitcoin. While he has been coy about announcing any concrete plans to formally integrate eBay and PayPal with a bitcoin wallet, he has made a variety of statements over the past six months indicating that such a move is likely. […]
At the annual eBay shareholders meeting in San Jose, CA, yesterday, CEO John Donahoe answered a variety of questions from stakeholders about the company’s direction and plans for the coming year. One particularly interesting question was posed by Silicon Valley Black Chamber of Commerce representative Carl Davis, who was curious about eBay’s response to the […]
Online auction giant eBay activated a new “Virtual Currency” section on their site this week. Customers are now able to purchase virtual currencies like bitcoin and various alt-coins through the site, as well as mining hardware and mining contracts. Although functionality remains limited to “classified” status on the direct currency purchases (meaning eBay takes no […]
Last month, eBay CEO John Donahoe set the virtual currency world abuzz when he mentioned in a discussion about Bitcoin on Bloomberg TV that the company’s PayPal branch was “building a digital wallet that can take multiple types of currency.” Today, finance writer Brian Cohen uncovered details about eBay’s wallet, outlining the details of a […]