[Link] Shares in Australian-listed buy-now-pay-later companies plummet by up to 96%

Read: 25/11/2021 www.theguardian.com

Shares in Australian-listed buy-now-pay-later companies have plunged by an average of about 80% compared to peak prices within the past year, driven down by swelling losses and lower-than-expected consumer interest in the product.

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[Link] New York City Taxi Drivers Win Debt Deal After 15-Day Hunger Strike

Read: 4/11/2021 www.gizmodo.com.au

The New York Taxi Workers Alliance has declared victory in its struggle with the city government that had made millions artificially inflating the price of taxi medallions and then left taxi drivers to suffocate under debt as those prices plummeted in the age of Uber.

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[Link] People Are Taking Out Loans Against Their NFTs—And Defaulting

Read: 15/10/2021 www.vice.com

In the ongoing speedrun to turn everything into a non-fungible token, savvy traders and entrepreneurs have recently taken a few steps to squeeze more investment opportunities out of their JPEGs. Case in point: it’s now a thing to take out a loan and offer up an NFT as collateral.

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