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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. B2B eCommerce. ”

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Happy Birthday To PYMNTS

PYMNTS

The traditional gift for a ninth anniversary is pottery, and our offices are in Boston – but, you know, no pressure.). Don’t worry if you didn’t remember to get us a present – we didn’t want to make too big a deal out of it, so we didn’t remind you. Of course, we don’t really expect or even want gifts for our ninth anniversary. What’s Next.

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How Blockchain Tech Could Disrupt Real Estate

CB Insights

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 ). GET the 47-page blockchain TRENDS report. Why blockchain tech could benefit the real estate industry. Table of Contents. Challenges.

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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. While the rules against prop trading have more recently been loosened, the restriction has still changed how investment banks operate. Table of contents. STAYING PRIVATE.

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2021 GonzoBanker Awards

Gonzobanker

Lots of tech and operations to clean up, it appears, but no solid bank is better qualified than the team from Minneapolis. With large banks, including Ally and Capital One, officially doing away with overdraft fees, banks and credit unions will have to decide how they want to handle the new reality. Acronym of the Year. Enough said?

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B2B Startups Integrate Artificial Intelligence To Impress Investors

PYMNTS

With more than $95 million in financing placed, startups across eProcurement, cybersecurity, logistics, alternative finance, blockchain and supply chain management secured support. Unsurprisingly, however, a blockchain company working to enhance B2B payments across borders beat out the competition with the largest funding round of the week.