Anti-Crypto Bank Wells Fargo Wants its $384B Lending Power Back
US banking giant Wells Fargo has the capacity to provide about $384 billion of additional loans to small and medium-sized businesses (SMEs) and individuals, which is especially...
With Covid-19 Support, Can Wells Fargo Also Allow Bitcoin Purchase?
On Friday Wells Fargo announced that in response to the COVID-19 outbreak it would be suspending evictions, residential foreclosure property sales, and automobile repossessions. These...
Wells Fargo at it Again, Faces Suit Over 401(k) Plan Violations
US bank Wells Fargo, which previously banned its clients from buying Bitcoin and other digital currencies due to “high volatility and risks,” is being sued by a former employee who...
Bitcoin Basher Wells Fargo Shuts Down Branches
2020 is shaping up to be pretty dire for most of us. But will it be cryptocurrency companies or bankers that get hit hardest in this uncertain economic climate? Just four days after...
Anti-Crypto Bank Wells Fargo Involved in Billion Dollar Scandal
Last year, Wells Fargo ceased to allow its customers to buy Bitcoin and other cryptocurrencies, citing high volatility and risks to its customers. However, now the bank must pay over...
Wells Fargo Needs Tech Upgrade, Time to Partner With Ripple?
Wells Fargo customers are not satisfied with the bank’s old technologies and systems and call for an upgrade. Is it time to adopt blockchain-based solutions or distributed ledger...
Wells Fargo To Launch Stablecoin Cryptocurrency in 2020
USA’s fourth-largest bank has announced it will develop its own cryptocurrency for international transfers in 2020. United States’ 3rd Largest Bank Reveals Wells Fargo...
Wells Fargo Won’t Allow Customers To Buy Bitcoin
Wells Fargo, a huge traditional bank founded in 1852 to provide banking services, and mail delivery through the Pony Express, has recently come out stating that it does not allow its...
Banks Down 99% In Value Against Bitcoin; Data Shows
Bitcoin now makes the world’s largest banks look literally worthless courtesy of new data showing returns on their shares. Banks Bite The Bitcoin Dust Published by research firm...
Buffett’s Wells Fargo Fined Over 20% Of Bitcoin’s Market Cap Since 2000
For all his Bitcoin-bashing bluster, Berkshire Hathaway’s Warren Buffett is hardly a bastion of business virtue. He continues to defend BH investment Wells Fargo bank, despite...
Axoni Closes $32 Million Funding Round Led By Goldman Sachs
New York-based provider of enterprise blockchain technology Axoni has completed a $32 million Series B funding round, bringing total funding up to date to upwards of $55 million. Axoni...
Wells Fargo Halts Credit Card Cryptocurrency Purchases
Wells Fargo & Company, a San Francisco-based financial services giant, announced recently that it will no longer allow cryptocurrency purchases using its bank-issued credit...