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:

  • Alloy President Laura SpiekermanAlloy President Laura Spiekerman on Agentic AI and Identity Risk Apr. 2, 2026
  • Jennifer Lassiter, Standard CharteredScribe CEO Jennifer Smith on what happens when AI joins your team Feb. 26, 2026
  • FN1Pigment co-CEO Eléonore Crespo wants to give CFOs superpowers Mar. 19, 2026
  • FNThe Bank Charter Gold Rush: What’s Really Happening and What it Means for Banking Feb. 12, 2026
  • Santiago SuarezInside Addi’s mission to build a fairer financial system in Colombia Feb. 19, 2026
  • Layer2Funded: Layer raises $6.6M to transform SMB accounting Jul. 14, 2025
  • Lin Qiao HDOPINION: Renting Intelligence is a Losing Game; Successful Enterprises Will Own It Jan. 22, 2026
  • 2026 Investor Predictions for AI and Data10 Investor Predictions for AI and Data in 2026 Dec. 17, 2025
  • BylineOpinion: Why Reinsurance Can Be the $700 Billion Breakout Market DeFi Has Been Waiting For Nov. 13, 2025
  • Darren Louie (1)OPINION: AI is about to get your credit card. Who signs off? Mar. 26, 2026

This month:

  • FNOura’s CEO Tom Hale on Democratizing Health with AI and Data Mar. 12, 2026
  • Jennifer Lassiter, Standard CharteredScribe CEO Jennifer Smith on what happens when AI joins your team Feb. 26, 2026
  • FNThe Bank Charter Gold Rush: What’s Really Happening and What it Means for Banking Feb. 12, 2026
  • FN2What Fintech Events Are Missing — And How to Get More Out of Them Mar. 19, 2026
  • Alloy President Laura SpiekermanAlloy President Laura Spiekerman on Agentic AI and Identity Risk Apr. 2, 2026
  • FN1Pigment co-CEO Eléonore Crespo wants to give CFOs superpowers Mar. 19, 2026
  • Darren Louie (1)OPINION: AI is about to get your credit card. Who signs off? Mar. 26, 2026
  • imageAbacum’s CEO: The Future of Finance Looks Like Product Mar. 5, 2026
  • FNThursHoneycomb CEO on the 30-second fix that took hours Mar. 26, 2026
  • Santiago SuarezInside Addi’s mission to build a fairer financial system in Colombia Feb. 19, 2026

More News
  • About
  • Contact
  • Disclaimer
  • Privacy Policy
  • Terms
Subscribe
Copyright © 2026 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