Ep 42- Apple payments, Facebook crypto, small business lending and more!

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Article Links

Facebook Building Cryptocurrency-Based Payments System https://www.wsj.com/articles/facebook-building-cryptocurrency-based-payments-system-11556837547?mod=mhp

Some Small Businesses See Big Benefits in Online Financing https://www.wsj.com/articles/some-small-businesses-see-big-benefits-in-online-financing-11557662401

LatAm: The New Kid at the FinTech Table https://www.finextra.com/blogposting/17256/latam-the-new-kid-at-the-fintech-table

U.S. Credit-Card Delinquency Rates Rising, Particularly Among the Young https://www.wsj.com/articles/u-s-credit-card-delinquency-rates-rising-particularly-among-the-young-11557846130?mod=hp_major_pos12

376 Wallets Holding One-Third of All ETH https://ethereumworldnews.com/ethereums-decentralization-in-question-with-376-wallets-holding-one-third-of-all-eth/

10,000 Baltimore city workers locked out after https://www.npr.org/2019/05/21/725118702/ransomware-cyberattacks-on-baltimore-put-city-services-offline

Crypto exchange “misplaces” $850M, E*Trade’s jumping on crypto, and PayPal and Uber play nice

NY’s AG accuses Tether of pulling funds from reserve fund (that “tethers” their coin in a fixed rate to USD) to cover $850M that went missing last year but remained undisclosed.

E*Trade enabling crypto trading would make it the largest crypto security brokerages in the world

PayPal makes a big marketplace play with its $500M investment in Uber

Final Bytes:

Facebook stock goes up despite record fine

15 ​Months of fresh hell inside Facebook 

A Mass Murder of, and for, the Internet

‘996’ Is China’s Version of Hustle Culture. Tech Workers Are Sick of It.