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Bitcoin Futures Rollout In Jeopardy

PYMNTS

“We are working through the regulatory review process and are looking forward to updating the market soon,” an ICE spokesman told The Wall Street Journal. million in investor funding, including from ICE, Microsoft’s venture capital unit and Boston Consulting Group, noted the paper. Back then it was trading near $20,000.

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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. The key, one source – whose company had been paid in cryptos – told The WSJ , is to get revenue-generating applications out on the market. “I

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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. According to reports in The Wall Street Journal in early April, the bank has hired away a senior engineer at JPMorgan to develop cash management tools as it eyes an entrance into the commercial banking market.

New York 101
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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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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. Mexico and the Philippines — two of the world’s top remittance corridors — are the first two markets out of the gate. Crytpo’s Big Flash Crash. percent on the day. Grubhub Buys LevelUp.

Branding 100
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Fintech Fundings: 28 Companies Raise $220 Million Week Ending March 25

Fintech Labs Insights

Edgewater Markets. HQ: Boston, Massachusetts. Connects marketplace lenders to institutional capital. Tags: Investors, big data, business intelligence, investing, capital markets. Automated lending solutions for financial institutions. Latest round: $40 million. Total raised: $50 million. HQ: Austin, Texas.

Company 12
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55 US Companies That Became Unicorns In 2018

CB Insights

New York, Boston, Chicago, and Nashville, among other cities, all played host to newly minted unicorns last year. Select Investors: Tencent Holdings, Disney Accelerator, Kleiner Perkins Caufield & Byers, Lightspeed Venture Partners, Vulcan Capital, ICONIQ Capital. It is also known for developing Unreal Engine.