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Coinbase Offers Bitcoin Cash Loans Of Up To $20K In 17 US States

PYMNTS

Coinbase, the digital currency exchange, will offer bitcoin-backed cash loans to select customers as early as next month, the San Francisco-based company announced on its blog this week. Customers in 17 states have been invited to join the waitlist to borrow up to 30 percent of their bitcoin holdings.

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This Time, We Want You To Drink The Kool-Aid

PYMNTS

It’s even flavored in much the same way as it was when Edwin Perkins first set up shop in Hastings, Nebraska in 1927. “We We have a significant level of awareness,” said Andrew Louie, brand manager of refreshment beverages at Kool-Aid’s modern corporate parent company, Kraft. Everything You Need To Know About Kool-Aid.

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The Blockchain Wave Isn’t Always Smooth Sailing

PYMNTS

Just like the volatility of bitcoin, the world of blockchain is no stable place. is planning to launch its own cryptocurrency, Kodakcoin, described as “a photocentric cryptocurrency to empower photographers and agencies to take greater control in image rights management.”. But it’s not all smooth sailing. million as part of the shift.

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Foot In Mouth: 43 Quotes From Big Corporate Execs Who Laughed Off Disruption When It Hit

CB Insights

.” “We have not seen a direct effect [from Airbnb] in any of our hotels … We don’t feel it’s having any impact on our results or that it has hit our radar as of yet,” said Richard Jones, senior VP and COO of Hospitality Ventures Management Group, in 2014. Bitcoin/blockchain. Bitcoin is a highly speculative market.

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24 Lessons From Warren Buffett’s Annual Letters To Shareholders

CB Insights

At the age of 26, Nebraska stockbroker and school teacher named Warren Buffett took his “retirement fund” of $174,000 and decided to start his own investment business. He mocks himself for making mistakes, and sings the praises of Berkshire’s army of CEO-managers. Management. Two decades later, he was a billionaire.

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Fintech Fundings: 113 Companies Raised $1.7 Billion in May

Fintech Labs Insights

million to fund growth of its digital password management system. Wealth management platform. HQ: Omaha, Nebraska. Password management & secure digital wallet. Wealth management platform. Personal finance management app. Tags: Consumer, advisors, investing, trading, asset management.

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Fintech Fundings: 27 Companies Raise $345 Million Week Ending August 14

Fintech Labs Insights

Equity management system. Cloud-based spending management. Bitcoin exchange. Online investment management. HQ: Omaha, Nebraska. Tags: 500 Startups (accelerator), bitcoin, security, regulation. HQ: Tel Aviv, Israel. Latest round: $24 million. Total raised: $24 million. Source: Finovate. Total raised: $25.8