Impact Lab


Subscribe Now to Our Free Email Newsletter

» Currently browsing: Money Talk


NYSE operator’s crypto project Bakkt brings in $182M

January 7th, 2019 at 12:49 pm » Comments Off

The Intercontinental Exchange’s (ICE) cryptocurrency project Bakkt celebrated New Year’s Eve with the announcement of a $182.5 million equity round from a slew of notable institutional investors. ICE, the operator of several global exchanges, including the New York Stock Exchange, established Bakkt to build a trading platform that enables consumers and institutions to buy, sell, […]



At least 15 central banks are serious about getting into digital currency

December 26th, 2018 at 12:01 pm » Comments Off

Digital cash may soon start replacing the physical kind. The market for digital currency is down, but it’s certainly not out. Even if private cryptocurrencies are falling in popularity, it appears likely we are headed toward an era of national digital currencies that are backed by central banks. Central banks are the institutions that set […]



How this 7- year old made $22 million playing with toys

December 13th, 2018 at 11:31 am » Comments Off

Seven-year-old Ryan of YouTube fame has made it offline, too. The mini mogul now has a collection of toys and apparel sold at Walmart stores nationwide. Ryan of Ryan Toysreview really isn’t that different from any other first grader. The 7-year-old loves trains and cars; he giggles over Disney characters; he builds entire civilizations with […]



4 Blockchain projects solving real-world problems

December 7th, 2018 at 1:38 am » Comments Off

From wealth management to autonomous robots: four prominent startups at the end of 2018 Investors are no longer interested in ICO projects with no real use. According to Icodata, $150 million were raised in October 2018 through token sales compared to $1.5 billion in January of the same year. “The blockchain space is getting to […]



The first ever fund managed by a robot is here. So far it’s beating the market

October 23rd, 2018 at 9:25 am » Comments Off

As if professional mutual fund managers didn’t have it hard enough. Not only do they have to contend with the growing popularity of low-cost index funds, which simply buy and hold the entire market, but now here comes another threat: robot stock pickers. That’s right. The San Francisco firm EquBot has launched the first retail […]



Update: Petal’s no-fee credit card for the credit score-less is now open to the public

October 11th, 2018 at 1:42 am » Comments Off

Petal, the startup credit card company that’s offering a no-fee credit line to people without a credit history, is now publicly available. Launched earlier this year by co-founders Jason Gross, Andrew Endicott, David Ehrich, and Jack Arenas, Petal has received a $34 million credit facility from Jeffries and Silicon Valley Bank to bring its consumer […]



Five things that must happen for blockchain to see widespread adoption, according to Deloitte

October 10th, 2018 at 11:12 am » Comments Off

Blockchain is touted as a technology that will revolutionize the finance sector. Slow transaction speeds and a lack of standardization threaten to restrict growth. Deloitte has highlighted five hurdles that the technology must overcome to hasten widespread adoption.



Ten years after Lehman’s collapse, these ten risks could cause the next crisis

September 17th, 2018 at 9:48 am » Comments Off

On Sept. 15, 2008, a credit crunch turned into a full-blown crisis when New York-based investment bank Lehman Brothers collapsed. The global recession that followed is still too fresh in many people’s memories to be considered history. But 10 years on, the state of the financial system suggests that the crisis has been relegated to […]



Survey: These college majors were just named most and least valuable

September 15th, 2018 at 10:48 am » Comments Off

New Bankrate research shows that Actuarial Science is “the most valuable” major you can study in college out of 162 total, with a whopping average income of $108,658 to go along with an unemployment rate of only 2.3%. Wondering how the site arrived at these results? The methodology was multi-layered, but the company evaluated the […]



Google now provides a big data view of Etherium blockchain

September 4th, 2018 at 11:19 am » Comments Off

  Internet search giant Google has added ethereum to its big data analytics platform BigQuery. Making the announcement in a blog post on Saturday, the company said that, while an API exists for commonly used functions such as checking transaction status or wallet balances, it’s not so easy to access all of the data stored […]



Coworking 10