The earliest adopters of Bitcoin — the libertarian anarchist “cypherpunk” crowd — were mostly men. Today, roughly a decade after Satoshi Nakamoto’s famed white paper was released, the majority of cryptocurrency holders are still men. This poses a problem for the companies betting on the mainstream adoption of cryptocurrency. At this point, they’ve already tapped into […]
View More Circle wants more women to invest in cryptocurrencyCategory: PayPal
North Korea skirts US sanctions by secretly selling software around the globe
Fake social media profiles are useful for more than just sowing political discord among foreign adversaries, as it turns out. A group linked to the North Korean government has been able to duck existing sanctions on the country by concealing its true identity and developing software for clients abroad. This week, the US Treasury issued […]
View More North Korea skirts US sanctions by secretly selling software around the globeIndonesian fintech startup Moka raises $24M led by Sequoia India
Indonesia’s Moka, a startup that helps SMEs and retailers manage payment and other business operations, has pulled in a $24 million Series B round for growth. The investment is led by Sequoia India and Southeast Asia — which recently announced a new $695 million fund — with participation from new backers SoftBank Ventures Korea, EDBI — […]
View More Indonesian fintech startup Moka raises $24M led by Sequoia IndiaGawker is relaunching in early 2019
After a two-year hiatus, Gawker is coming back. Peter Thiel, be damned. Bustle-owner Bryan Goldberg, who paid $1.35 million for rights to the defunct gossip site in a bankruptcy auction in July, wrote in a memo to Bustle staff Tuesday that Gawker would relaunch next year with Amanda Hale, the former chief revenue officer of […]
View More Gawker is relaunching in early 2019With a $10 million round, Nigeria’s Paga plans global expansion
Jake Bright Contributor Jake Bright is a writer and author in New York City. He is co-author of The Next Africa. More posts by this contributor African tech leaders Fope Adelowo, Ken Njoroge, Tayo Oviosu to speak at Disrupt SF Offering a white-labeled lending service in emerging markets, Mines raises $13 million Nigerian digital payments […]
View More With a $10 million round, Nigeria’s Paga plans global expansionPayPal revamps its app to remove clutter, add more personalization
PayPal is revamping its mobile app. Again. In an effort to keep pace with newcomers like the bank-owned Zelle, PayPal says its new app will focus on making it easier to use its core features – that is, sending and requesting money. That means many of the app’s homescreen buttons – like Offers, Donate, Order […]
View More PayPal revamps its app to remove clutter, add more personalizationSequoia wraps up new $695M fund for India and Southeast Asia
Sequoia has announced the close of its newest fund for India and Southeast Asia. The firm has raised $695 million for this fund, which is its fifth since it expanded into India 12 years ago. Reports at the beginning of this year suggested that the firm was shooting for a $1 billion fund, perhaps influenced by […]
View More Sequoia wraps up new $695M fund for India and Southeast AsiaFacebook taps banks, but for chatbots not purchase data like Google
Backlash swelled this morning after Facebook’s aspirations in financial services were blown out of proportion by a Wall Street Journal report that neglected how the social network already works with banks. Facebook spokesperson Elisabeth Diana tells TechCrunch it’s not asking for credit card transaction data from banks and it’s not interested in building a dedicated […]
View More Facebook taps banks, but for chatbots not purchase data like GoogleKredivo raises $30M to build a digital credit card for Southeast Asia
FinAccel, a Southeast Asia-based startup that offers a digital credit card service in Indonesia, has closed a $30 million Series B round as it begins to consider overseas expansion. The company launched its ‘Kredivo’ service two years ago to help consumers pay online in Southeast Asia, where credit card penetration is typically low, and it is essentially […]
View More Kredivo raises $30M to build a digital credit card for Southeast AsiaEbay to add support for Apple Pay, partners with Square Capital on seller financing
Ebay announced this morning it will begin accepting Apple Pay on its marketplace starting this fall, and has also teamed up with Square Capital on seller financing. The changes come following eBay’s further distancing from longtime partner PayPal, which included the company’s switch to Adyen as its primary payments processing partner, announced earlier this year. At […]
View More Ebay to add support for Apple Pay, partners with Square Capital on seller financingResearcher discovers Venmo exposes ‘an alarming amount’ of personal data in public API
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Next time you make a payment on Venmo, beware: almost anyone can track it.
The popular mobile payments app is sharing users’ personal data — including real names, comments sent with the payment, transaction dates, and recipients of the transaction — with the public by default. This information is being exposed through company’s public API, and it can be hidden by adjusting your privacy settings from “Public” to “Private.”
Security researcher Hang Do Thi Duc recently discovered this “alarming amount” of information being leaked by examining the public API. The reason its happening, the researcher suggests, is because the Venmo app’s default settings are set to “Public” for all users. Read more…
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View More Researcher discovers Venmo exposes ‘an alarming amount’ of personal data in public APIPaypal writes to deceased woman to tell her she’s ‘in breach of contract’ because she died
A recently bereaved husband received a letter sent by PayPal informing him that his late wife is “in breach of contract” because she died.
Howard Durdle posted a copy of the letter PayPaul sent to his wife Lindsay after her death from breast ca…