Wells Fargo News

Wells Fargo is a banking company that provides financial and insuring services in the United States, Canada and Puerto-Rico. Wells Fargo was founded by Henry Wells in 1852 and the main office of the company is currently headquartered in San Francisco. The company also provides the Well Fargo Online Banking service for managing finance via mobile devices. Wells Fargo’s Bitcoin and blockchain technologies involvement started in 2016, when Wells Fargo and an Australian bank signed an agreement on utilizing blockchain technology for a cotton shipment from the U.S. to China. It became the first shipment made with blockchain. However, in 2018, the company banned crypto purchases made with Wells Fargo’s issued cards.

News
Bitcoin made a swift 20% recovery from the weekend’s bloodbath, while American banks prepare to post major losses in their upcoming quarterly reports.
Bitcoin price climbs 20% overnight as US banks brace for 40% profit cut
Greg Thomson
2021-01-12T10:59:06+00:00
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News
“Cryptocurrency investing today is a bit like living in the early days of the 1850’s gold rush, which involved more speculating than investing.”
Wells Fargo report labels Bitcoin as speculative investment
Turner Wright
2020-12-08T20:40:00+00:00
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Markets News
Warren Buffett and Berkshire Hathaway cut their position on Wells Fargo as the bet on Barrick Gold and rising inflation fuel the bull case for Bitcoin as well.
Buffett dumps Wells Fargo amplifying bull case for gold and Bitcoin
Joseph Young
2020-09-05T10:00:00+01:00
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News
The victims of an alleged $35 million crypto Ponzi are suing Wells Fargo for failing to enforce reporting requirements on an employee accused of co-mastermindin...
Q3 Crypto Ponzi Victims File Class Action Lawsuit Against Wells Fargo
Samuel Haig
2020-04-06T14:41:00+01:00
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News
Wells Fargo’s investment branch added $5 million to Elliptic’s Series B round, which will help fuel Asian expansion and the development of a compliance solution...
Wells Fargo Joins Elliptic's Series B Investment Round
Andrey Shevchenko
2020-02-13T16:58:00+00:00
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News
Wells Fargo analyst Mike Mayo predicts that technology will enable efficiency and greater returns for banks this decade.
Mike Mayo of Wells Fargo Says ‘We Are Living in the Golden Decade of Banks and Technology’
Rachel Wolfson
2020-01-01T00:23:00+00:00
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News
A new strain of Trojan malware for Android phones is targeting global users of top crypto apps such as Coinbase, BitPay and Bitcoin Wallet.
Android Malware Targets Users of 32 Crypto Apps, Including Coinbase, BitPay
Marie Huillet
2019-03-29T10:31:00+00:00
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News
Wells Fargo CEO Tim Sloan and Mastercard CEO Ajaypal Banga agreed that there is still no clear blockchain-based business model.
CEOs of Mastercard and Wells Fargo Concur on Blockchain’s Long Term Potential
Helen Partz
2019-03-28T16:14:00+00:00
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