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In Cryptoland, Jobs Disappear As Speculators Flee

PYMNTS

The WSJ noted that Steemit, which offers a blockchain -based social network, has laid off 70 percent of its staff and has pointed to the selloff in digital currencies as a culprit. Similarly, the blockchain venture firm ConsenSys has announced that it will lay off 13 percent of its own roster. The anecdotes abound.

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Niche B2B Startups Surprise With High-Value Funding

PYMNTS

Word on the street is that B2B startups may be landing on the same path as B2C startups when it comes to the venture capital wells drying up. It could explain India’s rare absence from our B2B Venture Capital Roundup this week. Instead, the funding landed in the U.S., eProcurement. Document Management.

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Second Day, Second Wind On Innovation Debates

PYMNTS

With blizzard Stella faded like Blanche Dubois’ southern charm, Boston still had its winter chill. I’ve been around this industry now deploying capital for, let’s say, 18 years, and I’ve never seen a product or invested in a product that has higher customer approval rates than the traditional deferred deposit advance loans. “The

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2021 GonzoBanker Awards

Gonzobanker

For the past four-plus years, Chesler has guided Glacier through continued growth and successful acquisitions across the West, all while staying true to Glacier’s local market culture. 2021 was the year banks that had been bemused observers of crypto realized that the blockchain virus was beginning to infect mainstream financial services.

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Killing The I-Bank: The Disruption Of Investment Banking

CB Insights

In the US, legislation emerged to forbid investment banks from prop trading, or trading with their own capital, and forcing them to keep more capital on hand. Taking a hefty fee mitigates the investment bank’s risk by insulating it from the stock’s actual performance in the market. Source: Getty. STAYING PRIVATE.

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How Blockchain Tech Could Disrupt Real Estate

CB Insights

While historically a “pen and pencil” business, technology has begun to push the global real estate market into digitized approaches. Blockchains are becoming a key enabler of this digital transformation (in a similar way to how the emerging tech is disrupting other long-established industries like banking and insurance ).

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Fintech Fundings: 29 Companies Raise $1.2 Billion Week Ending April 8

Fintech Labs Insights

Three Finovate alums raised capital and one of the first FinovateSpring presenters, TradeKing , was acquired by Ally Financial for $275 million. Scalable Capital. HQ: Boston, Massechuesetts. Global tournement to predict the stock market. Tags: Consumer, investing, trading, stock market, game. Source: Crunchbase.