Chris Skinner's blog

Shaping the future of finance

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The Finanser’s Week: 1st August – 7th August 2022

This week’s main blog discussions include … Another day, another crash, another hack I stumbled across a tweet about Nomad, a cross-chain bridge, that had just had almost $200 million of crypto assets hacked: The cross-chain token bridge Nomad was exploited, with attackers draining the protocol of virtually all of its funds. The total But…

Things worth reading: 5th August 2022

Things we’re reading today include … BlackRock to Offer Crypto for Institutional Investors Through Coinbase Prime How a Crypto Developer Faked a DeFi Ecosystem ‘Financial monsters’: China’s bad banks complicate property crisis Sunak, Truss and the Bank of England are lying to you – the UK economy is weak and rigged Here’s Why Portuguese Banks…

Things worth reading: 4th August 2022

Things we’re reading today include … Bank of England tipped for biggest interest rate hike in 27 years as inflation soars What in the world is happening to fintech? Crypto winter may temper fintech earnings What Sets a ‘Fintech for Good’ Company Apart From the Rest? A pair of hacks rattle an already jittery crypto…

Things worth reading: 3rd August 2022

Things we’re reading today include … Ethereum won’t remain dominant if it doesn’t scale JPMorgan juniors see bonus cuts as banks rein in pay costs French bank MD’s terrible tantrum over his $420k bonus Why do UK banks seem so optimistic despite the cost of living crisis? Digital bank launches ‘competitive’ account with 2.95% interest…

Things worth reading: 2nd August 2022

Things we’re reading today include … How IBM aims to support innovation in the fintech sector The future of stablecoins is commercial bank money Danish fintech Ageras buys German neobank Kontist Deutsche Bank staff broke its own rules to enable clients to siphon off millions of euros in government revenues Bank Employee Allegedly Embezzles US$1.1M…

Things worth reading: 1st August 2022

Things we’re reading today include … Bank branches are disappearing before our eyes. How many will be left? The Bank walks a tightrope — can it avoid falling off? Deutsche Bank broke its own rules in enabling tax fraud, probe finds A tale of two surveys: Fintech VCs change tune on investment landscape China Banks…

The Finanser’s Week: 25th July 2022 – 31st July 2022

This week’s main blog headlines include … What’s your purpose? I find the world fascinating. Humans are amazing. We just launched the James Webb Telescope to see world’s formed billions of years ago and the Elizabeth Line. Both are engineering projects of immense challenge, and immense cost, as covered by many documentaries. Then I read…

Things worth reading: 29th July 2022

Things we’re reading today include … Can Fintech Turn Around Our Collapsing Economy? In Fintech, 2022 Is Becoming The Year Of Layoffs Bankers who quit for fintech return to banking Hundreds of customers queueing outside Bank of China in Sydney, as five institutions have their entire fortunes FROZEN amid fraud allegations UK bank branch closures:…

Things worth reading: 28th July 2022

Things we’re reading today include … HSBC investor’s push for breakup of bank Lloyds CEO Says Bank Will Look Into More Fintech Acquisitions The rise of edutainment in fintech: How TikTok is accelerating finance literacy Banks far from hitting Paris climate targets, groups warn Why Credit Suisse’s ‘fundamental’ investment bank overhaul is long overdue Signature…

Things worth reading: 27th July 2022

Things we’re reading today include … Monzo rebuked by regulators for breaching bank rules Don’t let the doom and gloom clip your fintech’s wings The best bear market plan? ‘Relentless optimism for the future,’ says fintech CEO Credit Suisse CEO to step down from embattled investment bank, WSJ says UBS shares drop as Q2 disappointment…