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Things worth reading: 17th August 2026
Things we’re reading today include … Trump family-backed crypto firm World Liberty gets conditional bank charter approval On the Chain: Bitcoin under pressure as Washington stalls on crypto rules Fraudsters told a grieving north Wales family their dead relative had left £300,000 in crypto (they hadn’t) Venezuela wants its gold back from Bank of England……
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Crypto: from speculative asset to a new financial system
Something quite important is happening in cryptocurrency, and it is easy to miss if you spend too much time watching the price of bitcoin. For most of crypto’s relatively short history, the discussion has been dominated by price. Bitcoin goes up. Bitcoin crashes. Ethereum rallies. Ethereum collapses. Somebody launches another token. Somebody loses a fortune….…
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Things worth reading: 18th August 2026
Things we’re reading today include … ‘We have been ignored for most of our life,’ says FTSE 100’s newest bank Barclays ‘overhauls investment bank leadership’ for second time in 3 years China’s central bank adds 8 banks as digital yuan operators JP Morgan boss warns higher bank and wealth levies risk driving jobs out of……
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Fiction in real life: the diary of a Ponzi scheme
Crypto has turbo-charged the Ponzi scheme There is something wonderfully predictable about a Ponzi scheme. It invariably begins with an extraordinary opportunity, usually involving a market, technology or investment strategy that is sufficiently complicated to discourage too many questions. It offers returns that make conventional investing look painfully dull, attracts a charismatic promoter who explains……
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Things worth reading: 19th August 2026
Things we’re reading today include … Russians pull cash from banks, fearing Kremlin will seize deposits for war Klarna Shares Slump 21% on Gloomy Outlook Klarna overhauls leadership as it targets US banking licence Crédit Agricole phishing scam targets nearly 1,000 bank clients in France Lloyds, Halifax and Bank of Scotland apps down William Jaffray,……
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The strange story of marmots and crypto
Ten years ago on twitter, I kept getting messages from a guy called Preston Byrne about marmots. Marmots are basically the biggest squirrel in the world. Americans also call them woodchucks, although a woodchuck is a specific type of marmot, meaning all woodchucks are marmots, but not all marmots are woodchucks. They are most populous……
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Things worth reading: 20th August 2026
Things we’re reading today include … Monzo down recap: Banking app down as frustrated customers ‘can’t transfer money’ Monzo deploys backup bank in face of outage Monzo says issue with card payments and transfers now resolved Monzo chair makes early exit after boardroom rift Revolut to allow CEO to borrow up to $250m against his……
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Fintech isn’t disrupting banking … it’s eating it
Something interesting is happening in fintech, and I think we may need to stop talking about fintech as though it is an industry sitting somewhere alongside banking. For most of the past twenty years, that distinction made sense because there were banks and there were fintech companies trying to disrupt particular parts of what banks……
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Fintech isn’t disrupting banking … it’s eating it
Something interesting is happening in fintech, and I think we may need to stop talking about fintech as though it is an industry sitting somewhere alongside banking. For most of the past twenty years, that distinction made sense because there were banks and there were fintech companies trying to disrupt particular parts of what banks……
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Fintech isn’t disrupting banking … it’s eating it
Something interesting is happening in fintech, and I think we may need to stop talking about fintech as though it is an industry sitting somewhere alongside banking. For most of the past twenty years, that distinction made sense because there were banks and there were fintech companies trying to disrupt particular parts of what banks……
