Finance News

World’s youngest bitcoin millionaire goes head-to-head with Facebook

THE world’s youngest bitcoin millionaire has thrown his lot in with a project aimed at snuffing out Facebook’s Libra coin. Erik Finman, who lumped a $ 1,000 gift from his grandmother into bitcoin at the age of 12, is investing heavily into a payment app he co-founded in an attempt to head off Mark Zuckerberg’s crypto scheme. Daily Express :: Finance Feed

Pound euro exchange rate steady as Italy’s PM quits amid coalition chaos

The Pound Euro exchange rate held steady at €1.095 today. This follows the resignation of Italy’s Prime Minister, Giuseppe Conte, a coalition breakup and an ongoing political crisis for the Eurozone’s third-largest economy. Deputy Prime Minister Matteo Salvini – a prominent Eurosceptic – was also criticised by Mr Conte, who attributed the break in the coalition to Salvini’s “personal and party interests”. Daily Express :: Finance Feed

Man, 80, gets £2,000 back after he is scammed by crooks

Scammers, who repeatedly tried to cheat a fragile, older man out of hundreds of pounds, bided their time. They then returned posing as his bank and conning him into handing more than £2,000. Edwin Carter was in dire straits when he came to Crusader a couple of weeks ago. Daily Express :: Finance Feed