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Tag: Financial Times

Wright Decision & Paypal Allowing Crypto: Bad Crypto News of the Week

It’s been a relatively calm time for Bitcoin this week. The price has dropped a little, but not much and it’s still tickling...

Wirecard files for insolvency amid accounting scandal

Wirecard has filed for insolvency, owing creditors almost $4 billion after disclosing a gaping hole in its books in Germany’s worst accounting scandal. It...

Cryptocurrency Card Issuer Wirecard Facing Bankruptcy 

Credit card manufacturer and FinTech company Wirecard has announced that it would be seeking help after some financial mishap. Earlier this week, the...

Forget Bitcoin’s Volatility, BoA Says Unstable UK Pound Like an Emerging Market Currency

Bitcoin’s often criticized for its volatile and unpredictable nature – now analysts are saying that, and more, about the pound sterling. In a shock-inducing...

Payfone Raises $100 Million to Fight Fraud with Phone Intelligence

Identity verification and authentication company Payfone – which made its debut on the Finovate stage more than a decade ago – has...

How TikTok’s Owners Are Evolving from Your Kid’s Social Media to Becoming Your Bank

TikTok’s owner ByteDance is making inroads into fintech as the Chinese tech company is said to be negotiating a tie-up with an investment...

Bitcoin’s Battle, Robinhood Tragedy, $2.1B Black Hole: Hodler’s Digest, June 15–21

Coming every Sunday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes,...

Fear of Fraud Surrounds Wirecard’s Missing $2 Billion

To speake of the woe that has befallen Wirecard … The international fintech community received an unexpected jolt on Friday on news...

Money Reimagined: Ethereum’s Renaissance Creates An Opportunity – and a Major Test

If, in the compressed time of blockchain existence, the “crypto winter” of 2018-2019 was Ethereum’s Dark Ages, then we’re now in its Renaissance.  But...

Nintendo shares jump as Covid-19 gaming explosion continues

In a nutshell: While many businesses are suffering in the wake of the lockdowns, one industry that has thrived is the video...

Wirecard (WDI) Stocks Plunge 80% Following Cash Shortfall: Crypto.com’s Visa Card Unaffected

Debit card provider and payment processor Wirecard AG, whose subsidiary issues visa debit cards for both Crypto.com and TenX, has failed to locate...

A kripto bankkártya kibocsátónál 1,9 milliárd eurós hiány van

A Wirecard német fintech vállat, amely több kriptovaluta betéti kártyáért, többek között a crypto.com kártyájának kibocsátásáért felelős, állítólag 1,9 milliárd eurós készpénztartalékot hamisan...

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