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PayPal Reports Crypto 2022 Holdings: 90% in BTC and ETH
/ Blockchain, FinTech

PayPal Reports Crypto 2022 Holdings: 90% in BTC and ETH

PayPal reported $604M in crypto holdings at the end of 2022, 90% of which were BTC and ETH.

February 10, 2023
PayPal to Cut Its Workforce By 7% Firing 2,000 Employees

PayPal to Cut Its Workforce By 7% Firing 2,000 Employees

PayPal’s CEO said that the layoffs are a part of an ongoing effort to “strengthen” and “reshape” in a “challenging macro-economic environment”.

January 31, 2023
PayPal Down by 46% YTD, Returns to its Pre-Pandemic Level

PayPal Down by 46% YTD, Returns to its Pre-Pandemic Level

PYPL is down ~46% year-to-date, as news of interest rate hikes continue to spook the markets.

February 21, 2022
PayPal is Actively Exploring a Stablecoin, CEO Interested in DeFi

PayPal is Actively Exploring a Stablecoin, CEO Interested in DeFi

PayPal is exploring a stablecoin, while CEO Dan Schulman has previously noted interest in DeFi. What comes next?

January 10, 2022
With OpenSea’s $13B Valuation, How Does NFT Growth Compare to Early FinTech?

With OpenSea’s $13B Valuation, How Does NFT Growth Compare to Early FinTech?

OpenSea's valuation has increased by 900% over the last six months.

January 05, 2022