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
Wirecard’s collapse hurts Fintech & Crypto start-ups, like Lehman and Enron burned the economy
ShareTweet
exc-61084d609556bc39e38eb5f4
Home
decentralized finance
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

Fintech Nexus Staff·
decentralized financeEmbedded Financepaytechphilosophy
·Jun. 29, 2020·1 min read

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.

  • 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
BalancerCrypto.comCurveEnronLehman BrothersSamsungThe BancorpWirecard
Related
Curve and credit Suisse $1B credit deal

Curve’s $1 billion Credit Suisse loan fuels live rehearsal for ambitious goals

Podcast 349: Shachar Bialick and Amanda Orson of Curve

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

The 2020 guide to Fintech SPACs, and how to get them to like you

Popular Posts

Today:

  • Al AgentsThe Scramble to Build the AI Agent Economy Sep. 24, 2025
  • Battle of the BotsFintech’s Battle of the Bots Sep. 25, 2025
  • Diya JollyXero’s CTO on building a ‘superagent’ for accounting Sep. 17, 2025
  • Jeff Radke AccelerantAs Accelerant IPOs on NYSE, CEO Jeff Radke Hopes to Usher In Insurtech 3.0 Jul. 24, 2025
  • Luke Sikora JPMorgan Growth Equity PartnersJ.P. Morgan’s Growth Equity Partner Sikora Still Sees IPO Upside Sep. 23, 2025
  • Justin OverdorffLightspeed’s Overdorff on AI Investing Momentum Sep. 18, 2025
  • _Renton’s Take on AI x Banking; Fed Independence Weighs on Macro OutlookFraudsters Beware: Fintech is on the Case Sep. 16, 2025
  • Fintech Nexus HeaderThe Tech Fix for Life Insurance Sep. 9, 2025
  • Fintech Nexus – Newsletter Creative (1)AI-Driven Commerce & The Dying Art of the Deal Sep. 25, 2025
  • Fintech Nexus – Newsletter Creative (2)The $100K Wall Threatening the U.S. AI Talent Engine Sep. 24, 2025

This month:

  • Al AgentsThe Scramble to Build the AI Agent Economy Sep. 24, 2025
  • Zinnia CEO – Michele TrogniThe Nexus Profile: Zinnia’s CEO on Building the Rails for Financial Longevity Sep. 9, 2025
  • 5 Founders Driving Humanoid AIThe Humanoid Era: 5 Leaders Defining Physical AI Sep. 10, 2025
  • Diya JollyXero’s CTO on building a ‘superagent’ for accounting Sep. 17, 2025
  • SOLO CeoSOLO’s CEO on the data and banking dilemma Sep. 11, 2025
  • Revised-AI-InvoiceAI Faces Skepticism. Startups Say: OK, Pay When it Works Jun. 25, 2025
  • Jeff Radke AccelerantAs Accelerant IPOs on NYSE, CEO Jeff Radke Hopes to Usher In Insurtech 3.0 Jul. 24, 2025
  • _Renton’s Take on AI x Banking; Fed Independence Weighs on Macro OutlookFraudsters Beware: Fintech is on the Case Sep. 16, 2025
  • Aidan CorbettWayflyer’s $5B Bet on Small Business Lending May. 1, 2025
  • Fairplay AI – Kareem SalahFairplay’s Kareem Saleh on private sector data maturity Sep. 4, 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