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Tag: crypto

PayPal’s New Payment Links: Crypto Support Coming Soon
PayPal Expands Payment Options with Crypto-Ready Links

PayPal is enhancing its payment capabilities by introducing new one-to-one payment links. Soon, these links will support cryptocurrency transactions, marking a significant step in integrating digital currencies into mainstream payment systems. This update provides users with more flexible options for sending and receiving money.

Streamlining Payments with Direct Links

The new payment links from PayPal simplify the process of requesting and receiving payments. Instead of relying on traditional methods like invoices or manual bank transfers, users can generate a unique link to share with others. When someone clicks the link, they’re directed to a PayPal page where they can complete the payment securely.

Crypto Support on the Horizon

While the payment links are currently functional for traditional currencies, PayPal plans to extend this functionality to support cryptocurrencies. This move aligns with the growing interest in digital assets and provides users with a seamless way to transact using their preferred currency.

PayPal has been actively exploring opportunities in the crypto space. Integrating crypto support into payment links demonstrates PayPal’s commitment to staying at the forefront of payment technology.

Benefits of Payment Links
- Convenience: Easily request and receive payments with a simple link.
- Flexibility: Supports various payment methods, including, soon, cryptocurrencies.
- Security: Leverages PayPal’s robust security infrastructure for safe transactions.
- Efficiency: Speeds up the payment process compared to traditional methods.
How to Use PayPal Payment Links
1. Log in to your PayPal account.
2. Navigate to the “Request Money” section.
3. Create a unique payment link.
4. Share the link with the person you want to receive money from.
5. Receive payment securely through PayPal.
September 16, 2025
CoreWeave CEO’s Crypto to AI Billionaire Ascent
From Crypto Miner to AI Giant: CoreWeave CEO’s Rapid Rise

The CEO of CoreWeave, once known for crypto-mining endeavors, has experienced a meteoric rise, achieving deca-billionaire status in a mere three months. This transformation highlights the surging demand for AI infrastructure and CoreWeave’s pivotal role in meeting that need.

CoreWeave’s Business Model

CoreWeave specializes in providing high-performance computing solutions, particularly for AI and machine learning workloads. Their infrastructure caters to companies requiring significant computational power, like those involved in AI model training, rendering, and other demanding tasks. They have tailored their services to meet the escalating needs of the AI industry.

Factors Contributing to the Ascent
- AI Boom: The explosive growth in artificial intelligence has created immense demand for specialized computing resources. Companies are rushing to train and deploy AI models, and CoreWeave provides the necessary infrastructure.
- Strategic Positioning: Recognizing the potential of AI early on, CoreWeave shifted its focus from crypto-mining to AI-focused computing. This foresight has positioned them as a key player in a rapidly expanding market.
- High-Performance Infrastructure: CoreWeave’s infrastructure is optimized for AI workloads, offering superior performance compared to general-purpose cloud computing solutions. This specialization attracts companies with demanding AI requirements.
Market Dynamics and Future Outlook

The AI infrastructure market continues to evolve. CoreWeave’s success underscores the importance of specialized solutions in meeting the diverse computational needs of AI applications. As AI technology advances, the demand for high-performance computing will likely grow, potentially leading to further opportunities for CoreWeave and similar companies.
June 26, 2025
Hackers Target Iran’s Largest Crypto Exchange
Millions Stolen From Iranian Crypto Exchange

Hackers have successfully stolen and destroyed millions from Iran’s largest cryptocurrency exchange. This cyberattack raises serious concerns about the security of digital assets in the region and highlights the ever-present threat of malicious actors in the crypto space.

Details of the Hack

Hackers infiltrated Iran’s largest crypto exchange, Nobitex, this week. They accessed its systems, stole cryptocurrency, and destroyed critical data. Initial reports suggest losses amount to tens of millions of dollars. theedgemalaysia.com

How the Hack Unfolded
- A sophisticated cyberattack breached the exchange’s hot wallets and backend systems. reuters.com
- Hackers moved funds into inaccessible “vanity” addresses, effectively burning the assets. nypost.com
- They also deleted key data, paralyzing the platform and exposing deep vulnerabilities. cointelegraph.com
Estimated Losses & Motivation

Estimates range from $81 million to $90 million in stolen-burned crypto. Analysts say political motives drove the attack. Hackers targeted the exchange as part of a wider cyber campaign against Iran’s financial infrastructure. wired.com

Attack Context & Group Identity

The operation came the day after hackers destroyed data at Iran’s Bank Sepah. A pro-Israel group named Predatory Sparrow (Gonjeshke Darande) claimed responsibility for both breaches. en.wikipedia.org

Exchange Disruption & Response

Nobitex assured users that funds in cold wallets remain secure and promised compensation via insurance reserves. cointelegraph.com

Nobitex’s website and app went offline following the hack.reuters.com

The company acknowledged unauthorized access and launched a full investigation. re u ters.com

Impact on the Crypto Market

Such a high-profile hack can significantly impact market confidence, especially in regions with developing crypto ecosystems. Users might become hesitant to invest in or use local exchanges if security vulnerabilities are apparent.

Cybersecurity Measures

In light of this incident, improved cybersecurity practices are essential. Here are several key measures exchanges and users should implement:
- Multi-Factor Authentication (MFA): Enable MFA on all accounts to provide an extra layer of security.
- Regular Security Audits: Conduct frequent security audits to identify and fix vulnerabilities.
- Cold Storage: Keep a significant portion of crypto assets in cold storage, offline and away from potential online threats.
- Employee Training: Train employees to recognize and avoid phishing attempts and other social engineering tactics.
June 18, 2025