# Bankless society ‘inevitable’ due to crypto, says Morgan Creek CEO

# Bankless society ‘inevitable’ due to crypto, says Morgan Creek CEO

“# Bankless society ‘inevitable’ due to crypto, says Morgan Creek CEO ” A bankless world is inevitable due to the “natural evolution of technology,” according to a top executive at multi-billion dollar investment manager, Morgan Creek Capital. The firm’s CEO Mark Yusko believes that a “silent revolution” powered by cryptocurrencies like Bitcoin (BTC) will eventually…

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#Wells Fargo fires over 100 staffers for COVID-19 relief abuse

#Wells Fargo fires over 100 staffers for COVID-19 relief abuse

“#Wells Fargo fires over 100 staffers for COVID-19 relief abuse” Wells Fargo has reportedly fired more than 100 staffers after an internal investigation found they had fraudulently applied for and received coronavirus relief funding for themselves. The embattled megabank made the disclosure in a memo to staffers, alerting them that some of their colleagues had…

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# Billionaire UK newspaper owner calls DeFi technology ‘revolutionary’

# Billionaire UK newspaper owner calls DeFi technology ‘revolutionary’

“# Billionaire UK newspaper owner calls DeFi technology ‘revolutionary’ ” Alexander Lebedev, the owner of U.K. newspapers Evening Standard and The Independent, along with Russian publication Novaya Gazeta, has spoken glowingly of the potential for cryptocurrency and smart contracts to revolutionize finance. In an extensive 1800 word opinion piece published in The Independent on October…

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# Ex-Goldman Sachs exec believes that his decentralized clearing house can rescue DeFi from oblivion

# Ex-Goldman Sachs exec believes that his decentralized clearing house can rescue DeFi from oblivion

“# Ex-Goldman Sachs exec believes that his decentralized clearing house can rescue DeFi from oblivion ” Revolution Populi has released layer one of a blockchain solution that the founding team believes could be used as a clearinghouse for crypto and traditional financial transactions.  The protocol iterates over the delegated proof-of-stake consensus used by EOS, which employs…

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