yael on Nostr: The story of the hack at Evolve Bank, as well as the bankruptcy of Synapse, are the ...

The story of the hack at Evolve Bank, as well as the bankruptcy of Synapse, are the biggest financial stories that no one is covering fully.

There is so much data out there on the darknet now, and it's because of KYC/AML laws that this is going to end up being incredibly costly.

Mark my words, this will rip apart the FinTech industry, bring in drastic new regulations, and make fiat USD even more awful.

I hope to write about it soon, but would point you to Jason's substack where he's covering this extensively:

https://fintechbusinessweekly.substack.com/