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Payments startup Marqeta valued at over US$17 billion in Nasdaq debut


Payments startup Marqeta valued at over US$17 billion in Nasdaq debut
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Payments startup Marqeta valued at over US$17 billion in Nasdaq debut
Shares of Marqeta Inc, which counts Uber Technologies Inc and hedge fund Coatue among its investors, rose more than 20per cent in their Nasdaq debut, giving the payments startup a market capitalization of over US$17.2 billion.
Marqeta logo is seen on a smartphone in front of displayed stock graph in this illustration picture taken June 9, 2021. REUTERS/Dado Ruvic/Illustration
09 Jun 2021 10:55PM
(Updated:
10 Jun 2021 01:05AM)
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REUTERS: Shares of Marqeta Inc, which counts Uber Technologies Inc and hedge fund Coatue among its investors, rose more than 20per cent in their Nasdaq debut, giving the payments startup a market capitalization of over US$17.2 billion. ....

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Bitcoin Is Actually Traceable, Pipeline Investigation Shows


Pipeline Investigation Upends Idea That Bitcoin Is Untraceable
The F.B.I.’s recovery of Bitcoins paid in the Colonial Pipeline ransomware attack showed cryptocurrencies are not as hard to track as it might seem.
Gas lines at Costco in Greensboro, N.C., last month during the shutdown of the Colonial Pipeline from a ransomware attack.Credit.Woody Marshall/News & Record, via Associated Press
June 9, 2021, 3:54 p.m. ET
When Bitcoin burst onto the scene in 2009, fans heralded the cryptocurrency as a secure, decentralized and anonymous way to conduct transactions outside the traditional financial system.
Criminals, often operating in hidden reaches of the internet, flocked to Bitcoin to do illicit business without revealing their names or locations. The digital currency quickly became as popular with drug dealers and tax evaders as it was with contrarian libertarians. ....

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Biden's commencement address to the Class of 2021 was... something


AP Photo/Andrew Harnik
It is odd enough that President Biden delivered a generic commencement address to the Class of 2021 – every graduate, not a specific graduating class. The speech he read was what can only be described as less than inspiring.
Biden tweeted out the commencement address. He delivered it via a video produced at the White House. He turned what should have been a basic address offering up his congratulations to the graduates into a darkish downer kind of speech. Biden was careful to center it around Democrat talking points, of course. He campaigned on bringing Americans back together yet every time he speaks in public, he intentionally divides listeners. He barely took the time to actually say the word ‘congratulations’. ....

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