Bitcoin

PayPal

PayPal to Let Sellers of Digital Goods Accept Bitcoin

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PayPal said today that a subset of North American merchants that accept payments online using PayPal can now accept bitcoin as a payment method, too. Bitcoin acceptance will be limited to those merchants that use Paypal to sell digital goods, such as ringtones, games and media. These sellers will have to sign up with one […]

Square

Square’s Next Register Will Accept Bitcoin and Apple Pay

Over the past year, it’s become a lot easier to buy bitcoin, thanks to services such as Coinbase. And thanks to retailers such as Overstock.com and TigerDirect, it’s now a lot easier to to spend them online. But there’s still one big pothole in bitcoin’s bumpy road to mainstream adoption: Your local coffee shop. That’s […]

Bitcoin

PayPal’s Braintree Has Begun Accepting Bitcoin

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  Bill Ready, who led the company through its sale, says that mobile conversion rates are still far off from where they are on the desktop web. That’s partially because it’s a lot more tedious to enter or re-enter credit card information on mobile devices. Ready says that more than half of e-commerce shopping experiences […]

eBay

WSJ: eBay is Considering Accepting Bitcoin as Payment

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eBay’s PayPal is in talks with Coinbase and other bitcoin transaction providers to integrate the virtual currency within its Braintree payments system, The Wall Street Journal reported on Thursday. Executives at PayPal, which owns the service that handles payments for startups from room-bookings network AirBnB to car-on-demand service Uber, have not struck any agreements, the […]

Bitcoin

Report: Bitcoin’s Explosive Growth Was Caused by Bots

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An authoritative-looking report has appeared that suggests bitcoin‘s meteoric rise late last year — from $200 to $1,200 in one month — may have at least partly been the work of bots, possibly associated with those running the melted-down MtGox online exchange. The so-called Willy Report emerged on Sunday, claiming to demonstrate fraudulent activity at […]