Anatomy of a Scandal: inside the Wirecard investigation and why we fall for scams

Dan McCrum, the FT reporter whose investigation brought down Wirecard, in conversation with Matt Garrahan, FT news editor, on how to expose fraud - and why we keep missing it when it's hiding in plain sight.

Cybersecurity Experts on Edge Amid Ex-Uber Executive’s Trial

The trial of Uber's former head of security is being closely watched by cybersecurity professionals, who worry it could set a precedent for who is liable when a company is hacked. 

WSJ cybersecurity reporter Robert McMillan joins host Zoe Thomas to discuss the ins and outs of the trial and its wider ramifications.

Crypto's vaporware problem

Vaporware refers to products not underpinned by realistic assumptions or a solution looking for a non-existent or overstated problem. The Blockchain has it too.

"Humans are fundamentally irrational beings: we have the tendency to overvalue far-fetched stories and undervalue practical reality, especially in times of abundance. It is during these times when narratives take precedence over fundamentals, that ‘vaporware’ projects will spawn en-masse." 

 

Read more HERE.

ECB selects partners to help develop digital euro prototype

The European Central Bank (ECB) has picked five partners - including CaixaBank and Amazon - to help it develop a digital euro prototype.

The ECB received 54 expressions of interest after it put out a call for partners in April and has now settled on five partners.

Full details HERE.

Is Bitcoin a failed experiment?

"Bitcoin has become that decentralized, digital currency that grew up and left the hood. It has become slow, clunky, and expensive to use. It is not useful as a store of value. It is not very useful for day-to-day transactions.

Bitcoin is, however, not a failed experiment. It has opened the way for other better cryptocurrencies with more utility and stability" So writes  Tomisin Olujinmi.

Read the full article HERE.

How does raising interest rates control inflation?

When central banks raise interest rates, the impact is felt far and wide. Mortgages become more expensive, house prices might fall and unemployment can rise. So why do central banks do it? This film from The Economist tells you why.

Are CEO salaries out of control?

Last year, the median pay for the UK’s FTSE 100 CEOs was 80 times the median salary of their employees. As Patrick Temple-West reports, in the US the gulf is even greater, with S&P 500 CEOs earning on average 245 times more. The massive disparity has prompted criticism from many investors, with even billionaire Carl Icahn describing such wage gaps as “unconscionable”. From FT Moral Money.