Posts tagged Wirecard
Chainlink Co-Founder Sergey Nazarov on building the global decentralized oracle network powering DeFi and Web3
Chainlink Co-Founder Sergey Nazarov on building the global decentralized oracle network powering DeFi and Web3

In this conversation, we chat with Sergey Nazarov. Sergey is Co-founder of Chainlink, the leading decentralized oracle network used by global enterprises & projects at the forefront of the blockchain space.

Chainlink is the industry standard oracle network for powering hybrid smart contracts. Chainlink Decentralized Oracle Networks provide developers with the largest collection of high-quality data sources and secure off-chain computations to expand the capabilities of smart contracts on any blockchain. Managed by a global, decentralized community, Chainlink currently secures billions of dollars in value for smart contracts across decentralized finance (DeFi), insurance, gaming, and other major industries.

More specifically, we touch on what it means to build in DeFi, what Oracles are like, what smart contracts are and what they enable, how all of this works and where the protocol is going, and so much more!

Read More
DAOs, decentralized finance, NFTs and digital objectsLex SokolinChainlink, Bitcoin, Ethereum, Wirecard
Wirecard's collapse hurts Fintech & Crypto start-ups, like Lehman and Enron burned the economy
Wirecard's collapse hurts Fintech & Crypto start-ups, like Lehman and Enron burned the economy

This week, we consider the impact of financial infrastructure collapse and who really gets hurt through the lens of Wirecard, Enron, and Lehman Brothers. Yes, there are investors in the entity that will lose value. But there are also clients and counterparties of Wirecard, like Curve, Revolut, and Crypto.com. In the case of Lehman, there was a $40 trillion derivatives notional amount that took twenty years to wind down. We also consider the most recent $500,000 hacking in DeFi of an automated market maker to see if there are common threads to be drawn between the two worlds.

Read More
decentralized finance, embedded finance, paytech, philosophyLex SokolinEnron, Lehman Brothers, Wirecard, Curve, Samsung, Crypto.com, The Bancorp, Balancer
WhatsApp Payments Halted in Brazil, Stripe competitor Checkout.com is Worth $5.5B, Upgrade raises $40MM
WhatsApp Payments Halted in Brazil, Stripe competitor Checkout.com is Worth $5.5B, Upgrade raises $40MM

WhatsApp launches payments in Brazil and is unceremoniously shut down by the central bank a week later, MasterCard buys Finicity to protect itself against Visa’s recent acquisition of Plaid, Checkout.com continues its largely silent meteoric rise in payments, Softbank-backed and DAX 30 index component Wirecard “loses" $2 billion from its balance sheet and files for insolvency, Upgrade raises $40 million at a $1 billion valuation to extend its personal credit offering.

Read More
acquisition, central bank / CBDC, big tech, paytechLex SokolinWhatsApp, Facebook, Brazil, Visa, MasterCard, Finicity, Yodlee, Plaid, Checkout.com, Adyen, Stripe, Wirecard