Subscribe
Logo
Logo
  • Topics Icon Topics
    • AI Icon AI
    • Banking Icon Banking
    • Blockchain/DeFi Icon Blockchain/DeFi
    • Embedded Finance Icon Embedded Finance
    • Fraud/Identity Icon Fraud/Identity
    • Investing Icon Investing
    • Lending Icon Lending
    • Payments Icon Payments
    • Regulation Icon Regulation
    • Startups Icon Startups
  • Podcasts Icon Podcasts
  • Products Icon Products
    • Webinars Icon Webinars
    • White Papers Icon White Papers
  • TechWire Icon TechWire
  • Search
  • Subscribe
Reading
The Law of Unintended Consequences via Wells Fargo, Divergence Ventures, DeFi designs, and the Federal Reserve
ShareTweet
exc-616fe48bb67f23569abcf31d
Home
Crypto
The Law of Unintended Consequences via Wells Fargo, Divergence Ventures, DeFi designs, and the Federal Reserve

The Law of Unintended Consequences via Wells Fargo, Divergence Ventures, DeFi designs, and the Federal Reserve

Fintech Nexus Staff·
Cryptodecentralized financeexchanges / cap mktsFractals & reflexivitymega banksmicroeconomics
·Oct. 13, 2021·1 min read

We focus on the law of unintended consequences, and how making rules often creates the opposite outcome from the desired results. The analysis starts with the Cobra effect, and then extends to a discussion of the Wells Fargo account scandal, dYdX trading farming, Divergence Ventures executing Sybil attacks, and Federal Reserve insider trading. We touch on the concepts of credit underwriting and token economies, and leave the reader with a question about rules vs. principles.

  • Fintech Nexus Staff
    Fintech Nexus Staff

    This piece was created by one of our content team members. Reach us at [email protected]

    View all posts

Tags
CompoundDivergence VenturesdYdXFederal ReserveMoneyLionSoFiSybil AttackWells Fargo
Related

Peter Renton looks at how AI is Changing Banking 

Stablecoins on the Menu as Fed Meets in Jackson

MoneyLion reports on record-breaking quarter in Q1

SoFi reports strong Q1 revenue and profits

Popular Posts

Today:

  • Zinnia – Michele TrogniThe Nexus Profile: Zinnia’s CEO on Building the Rails for Financial Longevity Sep. 9, 2025
  • Stablecoins Rapid RiseThe Precarious Framework Underpinning Stablecoins’ Rise Aug. 19, 2025
  • SolaFunded: Sola lands $17M Series A to transform BPO with AI-native automation Aug. 22, 2025
  • Fintech Nexus HeaderThe Tech Fix for Life Insurance Sep. 9, 2025
  • Fairplay AI – Kareem SalahFairplay’s Kareem Saleh on private sector data maturity Sep. 4, 2025
  • Jeff (1)Preventing AI Catastrophes Sep. 3, 2025
  • AI Nexus HeaderAI: Job Maker or Taker? Sep. 3, 2025
  • Fintech Nexus HeaderThe Leaders Driving Fintech Forward Sep. 2, 2025
  • Fintech Nexus HeaderPeter Renton looks at how AI is Changing Banking  Aug. 28, 2025
  • FN 8:28The Unique Challenges and Opportunities for AI Companies Working with Banks Aug. 28, 2025

This month:

  • Sunil Sachdev, FiservFiserv’s Sachdev on stablecoins’ evolution Aug. 26, 2025
  • keep-an-eye-on-these-female-fintech-founders 2 (2)Peer-Picked: Female Fintech Founders on the Rise Aug. 12, 2025
  • FNFounders and the Future Dispatch: Responsible AI in an Age of Acceleration Aug. 27, 2025
  • keep-an-eye-on-these-female-fintech-founders 2 (3)Future of Fintech: Female Founders in Focus Aug. 14, 2025
  • FN 8:28The Unique Challenges and Opportunities for AI Companies Working with Banks Aug. 28, 2025
  • CasapCasap aims to tackle the triple threat of money friction, fraud, and AI enablement  Aug. 21, 2025
  • Stablecoins Rapid RiseThe Precarious Framework Underpinning Stablecoins’ Rise Aug. 19, 2025
  • Newsletter-graphicBig Tech’s Billion-Dollar Binge Aug. 13, 2025
  • Jeff Radke AccelerantAs Accelerant IPOs on NYSE, CEO Jeff Radke Hopes to Usher In Insurtech 3.0 Jul. 24, 2025
  • Aidan CorbettWayflyer’s $5B Bet on Small Business Lending May. 1, 2025

  • About
  • Contact
  • Disclaimer
  • Privacy Policy
  • Terms
Subscribe
Copyright © 2025 Fintech Nexus
  • Topics
    • AI
    • Banking
    • Blockchain/DeFi
    • Embedded Finance
    • Fraud/Identity
    • Investing
    • Lending
    • Payments
    • Regulation
    • Startups
  • Podcasts
  • Products
    • Webinars
    • White Papers
  • TechWire
  • Contact Us
Start typing to see results or hit ESC to close
lis digital banking USA Lending Club UK
See all results