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US State of Minnesota Okays Crypto Donations to Political Campaign Committees
29.7.2023
Minnesota has become one of the few U.S. states to permit crypto donations to political campaign committees. However, according to the state’s new rules, crypto donations must be converted to U.S. dollars within five days. In the event of price changes within the five-day grace period, these...
Paypal’s Latest Report: $1 Billion in Crypto Assets, Holdings Are Predominantly BTC and ETH
10.5.2023
Payments behemoth Paypal has disclosed in a Form 10-Q financial report filed with the U.S. Securities and Exchange Commission (SEC) that it is holding nearly $1 billion in cryptocurrency assets. This news comes on the heels of Paypal’s announcement that Venmo now facilitates external...
Paypal Upgrades Crypto Services to 60 Million Venmo Users, Allowing Transfers to External Wallets and Exchanges
30.4.2023
After the American financial technology giant Paypal rolled out crypto payments last year, the company is now introducing cryptocurrency transfer services to Venmo users. The firm detailed that Venmo customers will be able to send funds to an existing Paypal account, an external wallet, or a crypto...
Venmo will enable fiat-to-crypto payments in May
28.4.2023
Users of the mobile payment service will also be able to receive crypto through a QR code or external crypto address
PayPal to Enable On-Chain Transfers From Venmo Accounts, Including to On-Chain Wallets
28.4.2023
The feature will become available in May, PayPal's Jose Fernandez da Ponte said on a panel at Consensus
Funko Collector Trades Rare Pops For Over $150k In Cadillacs
4.4.2023
Most Funko Pops are worthless and getting shoveled into landfills right now. But some are extremely rare, going for exorbitant prices in face-to-face meetups. One recent trade gets at just how bizarre the market for certain Funko Pops has gotten, with one collector apparently swapping half a dozen...
Crypto Community Pounces as Economist Paul Krugman Faces Traditional Finance Woes
9.3.2023
The crypto community is having a blast with a comment from prominent economist and crypto-critic Paul Krugman after he said he’s been locked out of Venmo and that the “software has taken control.”
The tweet from Krugman was posted on Wednesday and said that although he has been a user of...
Bitcoin Proponents Slam Nobel Laureate Paul Krugman After Venmo Payment Issue
9.3.2023
Nobel Prize winner Paul Krugman complained on Twitter Wednesday that he was experiencing issues with the centralized payment processor Venmo. His tweet was followed by a barrage of bitcoin supporters who insisted that Krugman was now realizing the importance of censorship-resistant payment systems....
Paul Krugman Is Having a Bitcoin Moment
8.3.2023
Venmo blacklisted the die-hard crypto skeptic. Maybe now he’ll see the light
Let Us Notis That Ari Is Leaving
9.9.2022
Ari Notis, Kotaku’s primary source for guides, puns, and woefully uncritical games coverage, is leaving us. That absolute bastard.Read more
Declare the Side Hustle — Americans Are Concerned About the 1099-K Tax Rule for Payments Over $600
10.6.2022
Americans are worried about a new tax reporting requirement that will force applications like Venmo, Cash App, Paypal, Airbnb, and Ebay to send 1099-K forms to users. The U.S. Internal Revenue Service (IRS) is specifically focusing on payments of $600 or more for goods and services received through...
Mobile banking app Dave scores $100M investment from FTX US
22.3.2022
Dave is the latest in a series of fintech payments apps to offer crypto services, following PayPal, Venmo, and Cash App
Destiny 2 Made Xur Good Again
7.11.2021
To some he’s a cryptic Agent of the Nine. To others he’s the Exotic Engram guy. My friends call him Pasta Face. Most know him as Xur, and after years of being obsolete he’s once again a weekly center of attention in the Destiny 2 universe. It feels good to have him back.Read more
Venmo enables users to automatically buy crypto with ‘cash back’ rewards
11.8.2021
Paypal-owned payments firm Venmo has expanded its crypto support by enabling credit cardholders to convert their cash back rewards into four digital assets hosted on the platform
Paypal’s Venmo Launches ‘Cash Back to Crypto’ Feature to Auto Purchase Cryptocurrencies
11.8.2021
Venmo, a Paypal service, has introduced the “Cash Back to Crypto” feature to allow credit card customers to automatically buy four types of cryptocurrencies with their cash back without incurring transaction fees. Cash Back to Crypto on Venmo Payments giant Paypal announced Tuesday...
Venmo's Cash Back to Crypto, Investment Flows + More News
10.8.2021
Source: Adobe/Игорь Головнёв
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Venmo said it has launched Cash Back to Crypto, a new way for Venmo Credit Card customers...
PayPal set to launch crypto trading in the UK and may embrace DeFi
30.7.2021
The global payments platform wants to let British customers trade crypto on its new “super app”
RIP To Me, The Person Writing This, A Real One
23.7.2021
Are you allowed to call yourself a real one? No, I would argue, you are not. That pretty much immediately disqualifies you from being a real one, so I’m already off to a rough start here. But today’s my last day at Kotaku, so I consider it my solemn duty to close out my award-wanting “RIP To A Real...
Strike Issues a Live-or-Die No-Fee 'Challenge' to Coinbase, CashApp, Venmo
2.7.2021
Jack Mallers. Source: Twitter/@JackMallers
Strike, a bitcoin (BTC) banking service by the US-based Bitcoin Lightning startup Zap, about to enable their users to buy BTC on its platform with no added fees - which would make a major difference in paying for transactions when compared to crypto...
Paypal to Allow Cryptocurrency Withdrawals to Third-Party Wallets
27.5.2021
Payments giant Paypal will soon allow its users to transfer cryptocurrencies away from its platform to third-party wallets, the company’s head of cryptocurrency reportedly revealed. Paypal has been seeing tremendous growth in its crypto business. Paypal to Support Crypto Transfers...