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Today In Payments: Coronavirus Decimates US Stock Market; Ex-Microsoft Engineer Guilty Of 18 Felonies

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In today’s top news, the stock market takes its biggest hit since 2015 due to mounting fears over the coronavirus, and an ex-Microsoft engineer is found guilty of stealing $10 million in digital currency. Coronavirus Decimates US Stock Market $1.7T stock market is taking a hit due to mounting fears over the coronavirus.

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Report: 80 Pct. Of NJ Gamblers Place Wagers Online

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Mobile sports betting is quickly growing to a point where New Jersey is close to topping Las Vegas as the country’s biggest market, The Wall Street Journal reported Monday (Sept. Mobile betting, however, is only allowed in five: New Jersey, Pennsylvania, West Virginia, Iowa and Nevada. That’s pushing companies like casino site 888.com

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New Unemployment Claims Down 48K To 709K

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The COVID-19 vaccine is expected to have a positive effect on the labor market and other areas of the economy. 24 were in Hawaii (9.9), California (8.9), New Mexico (8.5), Nevada (8.2), the Virgin Islands (7.1), Massachusetts (7.0), Puerto Rico (6.9), Georgia (6.8), District of Columbia (6.5) and Alaska (6.1).

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POSaBIT Rolls Out Mobile POS For Cannabis Merchants

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POSaBIT, based in Seattle, already manages millions of transactions for over 120 dispensaries across Washington, California, Nevada, Colorado, Arizona and Oklahoma. Even though legal marijuana industry keeps gaining traction — according to one official state estimate, the market in California alone will reach at least $5.1

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Bitcoin Daily: Hedgefund Billionaire Plans $1B Crypto Venture; Baton Gets Series A Funding

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Elwood Asset Management — owned by British billionaire and Brevan Howard Founder Alan Howard — is planning a $1 billion venture into the crypto hedge fund space. The asset manager is developing a platform that would tailor portfolios of cryptocurrency funds for institutional investors, the Financial Times reported on Aug.

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Bitcoin Daily: Overstock CEO Shares Movement In Bitcoin Efforts; Russia Might Be Open To Crypto Trading

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Overstock CEO Patrick Byrne said that he welcomes Facebook ’s entry into the cryptocurrency market. Byrne predicted that security tokens will reduce friction in capital markets while also improving price discovery. This partnership opens the door for massive expansion of bitcoin access to new markets around the globe.”.

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TemperPack CEO On An eCommerce Shipping Future Free Of Styrofoam

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Plastic foam has managed to spend nearly eight decades at the top of the packaging market despite the fact that it’s annoyingly squeaky and crumbles under the slightest pressure. And we also, in the process, became full-blown manufacturers” out of manufacturing facilities in Las Vegas, Nevada and Richmond, Virginia.

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