PayPal Crypto Rumors, RIP Wirecard, Telegram Settles: Hodler’s Digest, June 22–28
Cointelegraph
Published Jun 28, 2020 01:30PM ET
Updated Jun 28, 2020 03:00PM ET
Coming every Sunday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — a week on Cointelegraph in one link.
h3 PayPal is hiring crypto engineers amid rumors of Bitcoin integration/h3There have been a lot of rumors surrounding PayPal this week. A report suggested that the online payments giant plans to allow hundreds of millions of users to buy and sell crypto directly. Job vacancies for crypto and blockchain experts have added fuel to the fire. PayPal is yet to confirm whether the reports are true — but if they are, it could be a landmark moment in Bitcoin’s quest to go mainstream. As you’d expect, some of crypto’s best-known names saw this as a bullish sign, and they renewed predictions of BTC rallying to $12,000. But some — such as Decred co-founder Jake Yocom-Piatt — are dubious about the rumors. He told Cointelegraph: “PayPal, specifically, is notorious for depriving its users of access to legitimately acquired funds on their platform with little to no justification. Users having their funds restricted in this fashion is something cryptocurrencies are designed to prevent, making this integration, if it is indeed in progress, an odd combination.”
h3 Troubled debit card issuer Wirecard files for insolvency/h3 h3 Bitcoin price bounce at $8,800 support shows traders keep buying the dip/h3 h3 Telegram’s courtroom saga with the SEC comes to a $1.2 billion end/h3 h3 Analyst: Half of crypto’s top 10 assets “absolutely do not deserve” to be there/h3 h3 Tone Vays: Bitcoin price won’t leave $6,000 to $10,000 range until 2021/h3 h3 ISIS-affiliated news website to collect donations with Monero/h3 h3 Celebrities may have their dirty secrets exposed if crypto ransom is unpaid/h3 h3 Derivatives traders may have manipulated COMP rally/h3 h3 Nonfungible tokens: The quick guide/h3 h3 When Big Ben rings: U.K. FCA’s stance on crypto seen as harsh but fair/h3 h3 How Bitcoin empowers the unbanked and combats injustice/h3Continue Reading on Coin Telegraph
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