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Blockchain Hype Missed the Mark, and Not by a Little
Blockchains remain high-cost solutions, often beset by chaotic competition, and they exist in ecosystems beset with dishonesty, fraud and human error. Blockchains might have a chance to change the world someday, but there’s also a chance they will prove useless.
tags: Fintech Blockchain
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Indictment reveals new clues in the Crypto Capital situation
Crypto Capital founder Reggie Fowler is being charged by the SDNY with bank fraud and conspiracy to commit bank fraud, and of running an unlicensed money transmission business and conspiracy related to its operation. Crypto Capital were the money transmitters for Bitfinex and Tether.
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Crypto Capital and Bitfinex’s missing millions, and Reggie Fowler
Crypto Capital were the money transmitters for Bitfinex and Tether. They operated in the US through Global Trading Solutions. The founder of GTS, Reggie Fowler, was indicted on Tuesday. The US Government has filed a motion to detain Fowler as a flight risk.
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How Millennial Ethics Are Reshaping Fintech
“With $30 trillion in future spending power, millennials are reshaping the investing and fintech spaces to better align with their ethical values.”
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Young people and their phones are shaking up banking
“The mobile phone allows financial products to be linked with other services in novel ways.”
tags: Fintech
Kiffmeister FinTech Daily Digest 05/04/2019
