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Panxora Safeguards ICO Capital For Treasurers

PYMNTS

Cryptocurrency consortium Panxora is rolling out a new solution aimed at helping organizations preserve the funds they have raised through Initial Coin Offerings (ICOs). The solution deploys artificial intelligence trading algorithms and passive hedge balancing to provide capital preservation solutions, and promote capital growth for users.

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Bitcoin Futures Rollout In Jeopardy

PYMNTS

million in investor funding, including from ICE, Microsoft’s venture capital unit and Boston Consulting Group, noted the paper. The long term aim is to regulate cryptocurrency so it can be used by consumers to make retail purchases. The ICE unit has already inked deals with Microsoft and Starbucks and has raised $182.5

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In Cryptoland, Jobs Disappear As Speculators Flee

PYMNTS

The Wall Street Journal reports that cryptocurrency firms are laying off employees, a survival tactic in a world where crypto prices have crashed in some instances by more than 85 percent. Breaking it down by category, 83 percent of the 694 ICOs that don’t report capital and don’t list on an exchange are inactive after 120 days.

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Amazon Sizzles, Plenti Fizzles And Goldman Gets Its Consumer Banking Groove

PYMNTS

In recent years, its core trading business has slowed, and its capital market and merger businesses have been fairly flat. Same-Day Delivery : It’s targeted by Target , which is expanding its options to the tune of 60 stores across Boston, New York, Chicago and other cities. Not so much anymore.

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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. However, the model doesn’t currently allow companies to issue new shares, meaning that DPOs do not raise any capital for the company. STAYING PRIVATE.

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The PYMNTS 2018 Summer Top 10 List

PYMNTS

Cryptocurrencies suffered through a rough day in mid-June, when prices plummeted fast during a few hours and wiped out a total of $15 billion in value. The company won’t receive any proceeds from the IPO, which implies a market capitalization of 7.1 Crytpo’s Big Flash Crash. percent on the day. million users, up from 9.2 billion euros.

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Fintech Fundings: 28 Companies Raise $220 Million Week Ending March 25

Fintech Labs Insights

HQ: Boston, Massachusetts. Connects marketplace lenders to institutional capital. Tags: Investors, big data, business intelligence, investing, capital markets. Source: Crunchbase. Maxwell Health. Payroll & beneifts platform. Latest round: $22 million Series C. Total raised: $56.4 Source: Crunchbase. Source: Crunchbase.

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