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Gambling Site DraftKings To Sell More Shares In $1.6B IPO

PYMNTS

The Boston-based online sports gambling company announced Friday (June 19) it will sell 16 million shares of its stock. million in the first quarter, Boston Business Journal reported. In addition, the company said some DraftKings stockholders will sell 24 million shares at $40 per share, bringing the total offering to $1.6

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Crypto 2020: One Step Up; Two Steps Back

PYMNTS

It all depends on how you look at it — and where you look, of course. Bitcoin, of course, exists as one of the most widely recognized cryptocurrencies. And, of course, the crypto landscape extends well beyond bitcoin. Of course, it’ll take some time to get there if we do. It’s not about going to production.”.

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Fed Sees Possible Path To ‘Direct Issuance’ Of Digital Dollars

PYMNTS

And as PYMNTS has previously reported , the Boston Federal Reserve has been working with the Massachusetts Institute of Technology to explore tech infrastructure. The Fed, of course, is hardly alone in mulling digital fiat currencies. Cash stored in homes also rose about 90 percent to $475 from an earlier roughly $250.

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Striking a New Chord of Career Success in Consulting

Perficient

Tom originally went to school for music at Berklee College of Music in Boston (not the only consultant in the music scene ). When he wanted to return to living on land, he spent a year self-producing and recording his own album back in Boston. Mixing music with work had turned it into just that: work.

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Central Banks See Digital Fiat As Complement To Cash, Not Replacement

PYMNTS

As reported in the latest “How We Will Shop” report, done in collaboration between PYMNTS and PayPal, 24 percent of all consumers said they had shifted at least one daily activity online, and plan to keep it that way. BIS estimated this year that of 66 central banks polled, 80 percent were exploring CBDCs.

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Cautious Property Firms Put The Brakes On Rapid Growth

PYMNTS

WeWork significantly altered course after losing money, shedding employees because it grew too fast and concerned shareholders. Sonder closed 100 units in Boston last year after city regulations were modified, impacting its business model.

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Revving The Engine For Digital Licenses

PYMNTS

Reviver Auto seeks to bring the license plate into the digital age via its rPlate, which acts as a digital display, tied, of course, to license plate numbers, but with an eye on connectivity. Boston noted that, with the traditional and entrenched methods, “your registration is sent out to an address.” It’s onerous.

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