INSETR

Cryptoverse: Electric ether leaps on verge of Merge

Representations of cryptocurrency Bitcoin, Ethereum and Dash plunge into water in this illustration taken, May 23, 2022. REUTERS/Dado Ruvic/Illustration Register now for FREE unlimited access to Reuters.com register Aug 16 (Reuters) – It looks like ethereum’s mega-upgrade is happening. finally. After years of delays, the “Merge” seems all but certain to take place in September, …

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Cryptoverse: Blockchain bridges fall into troubled waters

Representations of cryptocurrency Bitcoin, Ethereum and Dash plunge into water in this illustration taken, May 23, 2022. REUTERS/Dado Ruvic/Illustration Register now for FREE unlimited access to Reuters.com register Aug 9 (Reuters) – Another day, another hack – and another blockchain bridge burned. When thieves stole an estimated $190 million from US crypto firm Nomad last …

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PayPal shares jump on Elliott’s $2 bln stake, annual profit guidance raise

The PayPal app logo seen on a mobile phone in this illustration photo October 16, 2017. REUTERS/Thomas White/Illustration Register now for FREE unlimited access to Reuters.com register Aug 2 (Reuters) – PayPal Holdings (PYPL.O) on Tuesday said activist investor Elliott Management has an over $2 billion stake in the fintech company and the firm raised …

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Cryptoverse: Bitcoin beats the heat in a jumpin’ July

A representation of virtual currency bitcoin and a US one dollar banknote are seen in front of a stock graph in this illustration taken January 8, 2021. REUTERS/Dado Ruvic Register now for FREE unlimited access to Reuters.com register Aug 2 (Reuters) – It’s been a good month for bitcoin – and we haven’t said that …

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Indonesia opens temporary access to PayPal after blocking sparks backlash

The PayPal app logo seen on a mobile phone in this illustration photo October 16, 2017. REUTERS/Thomas White/Illustration//File Photo/File Photo Register now for FREE unlimited access to Reuters.com register JAKARTA, July 31 (Reuters) – Indonesia temporarily opened access to online payment firm PayPal (PYPL.O) to allow users to access their money, a senior official said …

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Indonesia blocks Yahoo, Paypal, gaming websites over license breaches

The PayPal app logo seen on a mobile phone in this illustration photo October 16, 2017. REUTERS/Thomas White/Illustration Register now for FREE unlimited access to Reuters.com register JAKARTA, July 30 (Reuters) – Indonesia has blocked search engine website Yahoo, payments firm PayPal (PYPL.O) and several gaming websites due to failure to comply with licensing rules, …

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Activist Investor Elliott builds stake in PayPal – Bloomberg News

A smartphone with the PayPal logo is placed on a laptop in this illustration taken on July 14, 2021. REUTERS/Dado Ruvic/Illustration Register now for FREE unlimited access to Reuters.com register July 27 (Reuters) – Activist investor Elliott Investment Management is building a stake in PayPal Holdings Inc (PYPL.O), as it plans to push the fintech …

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Cryptoverse: What crisis? Venture capitalists bet big on crypto

July 26 (Reuters) – It’s not all doom and gloom. Even as the crypto sector shivers in the bleak winter, venture capitalists are pouring money into digital currency and blockchain startups at a pace that’s set to outstrip last year’s record. In the first half of the year, VCs bet $17.5 billion on such firms, …

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Cryptoverse: What crisis? Venture capitalists bet big on crypto

A stock graph is seen with a representation of bitcoin in this picture illustration taken taken March 13, 2020. REUTERS/Dado Ruvic/ Register now for FREE unlimited access to Reuters.com register July 26 (Reuters) – It’s not all doom and gloom. Even as the crypto sector shivers in the bleak winter, venture capitalists are pouring money …

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China fines Didi Global $1.2 bln, fueling hopes of thaw in regulatory crackdown

HONG KONG/BEIJING, July 21 (Reuters) – China’s cybersecurity regulator on Thursday fined Didi Global Inc $1.2 billion, concluding a probe that forced the ride-hailing leader to delist from New York within a year of its debut and made foreign investors wary about China’s tech sector. Didi ran afoul of the Cyberspace Administration of China (CAC) …

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