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Michael Burry Adds to PayPal Stake Amid AI Frenzy
Famed 'The Big Short' investor Michael Burry announced he increased his stake in Paypal (PYPL) in a post on Substack.He argues the market is...
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PayPal to Use AI, Cut Costs, Save $1.5B Under CEO Lores
Paypal CEO Enrique Lores announced a major initiative to use AI for cost savings and product improvements.The company targets over $1.5 billion in gross...
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Paypal preps for activist defense amid bid rumors
Paypal is reportedly not engaged in any current sale talks with Stripe or other parties, according to Semafor.The fintech giant has been working with...
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PayPal files to form Utah industrial bank for crypto, loans
Paypal has applied for approval to establish a Utah-chartered industrial bank.This would enable the company to originate loans, hold deposits, and access payment networks...
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PayPal Applies to Launch Its First U.S. Bank for Small Business
Paypal Holdings has applied to open its first physical U.S. bank, chartered in Utah as an industrial loan company.The proposed bank would focus on...
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PayPal’s PYUSD Stablecoin Soars 224% Amid DeFi Boom
Paypal’s stablecoin PYUSD circulation has increased by 224% in three months.Decentralized finance (DeFi) protocols and user incentives are major growth drivers for PYUSD.Ethena, a...
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Paxos Accidentally Mints $300 Trillion of PayPal’s Stablecoin PYUSD
Paxos mistakenly created $300 trillion worth of Paypal's stablecoin, PYUSD.
The incident was an internal technical error and did not threaten customer funds.
All mistakenly minted...
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PayPal, Google Shares Rise on New AI-Powered Commerce Partnership
Paypal and Alphabet announced a new multi-year partnership to enhance digital commerce with Artificial Intelligence.PayPal will implement Google's Ai technology to develop new shopping...
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Ohio County Paid $1M After Data Heist
Union County, Ohio, paid roughly $1 million in Bitcoin to the cyber group Kairos to prevent stolen data from...
Bitcoin’s 2026 Outlook: Sideways Trading Before Any Big Rally
Bitcoin is currently trading between $58,000 and $62,000, a steep drop from its October high near $126,000, with a...
North Korean PolinRider Hackers Publish 108 Malicious Packages
North Korean-linked threat actors, known as Contagious Interview, have expanded their PolinRider supply-chain campaign to 108 malicious packages and...
