Facebook’s Cryptocurrency Gets Pushback from Global Financial Watchdogs June 24, 2019 By Alastair Marsh Facebook Inc. was hours away from the formal announcement of its ambitious foray into financial services, but French Finance Minister...
Investigation Uncovers Mystery of Quadriga’s Missing Cryptocurrencies Worth Millions June 21, 2019 By Doug Alexander It’s looking more and more like QuadrigaCX founder Gerald Cotten mismanaged the digital-asset exchange before he died, with cryptocurrencies from...
Facebook Plans Global Cryptocurrency, Entry into Financial Services June 19, 2019 By Katie Paul and Anna Irrera Facebook Inc. announced ambitious plans on Tuesday to launch a new global cryptocurrency called Libra, part of an effort to...
Cryptocurrency Industry Struggles to Buy Insurance, Hindering Growth Goals December 20, 2018 By Alun John Cryptocurrency exchanges and traders in Asia are struggling to insure themselves against the risk of hacks and theft, a factor...
Trump Administration Forms Financial Frauds Task Force July 16, 2018 By Ben Bain and David McLaughlin In forming a new task force to protect consumers from fraud, the Trump administration made clear that one of the...
Timeline: More Than $1 Billion in Cryptocurrency Thefts Since September 2012 June 22, 2018 By Andrea Tan and Yuji Nakamura Investors’ shaky confidence in virtual currencies took another hit after crypto exchange Bithumb, ranked seventh in the world by traded...
Hackers Steal $32M from S. Korean Cryptocurrency Exchange Bithumb June 20, 2018 By Cynthia Kim and Joyce Lee South Korean cryptocurrency exchange Bithumb said 35 billion won ($31.5 million) worth of virtual coins were stolen by hackers, the...
Custody Protection, Regulation, Insurance Seen Paving Way for Shift to Cryptocurrencies June 18, 2018 By Sonali Basak and Olga Kharif Hedge fund manager Kyle Samani embraces his job making multimillion-dollar bets on the wild market for cryptocurrencies, but he’s long...
UK Government, Regulators to Examine Potential Risks from Cryptocurrencies March 19, 2018 By Huw Jones and Emma Rumney Britain’s government and regulators will look in detail at the potential risks from cryptocurrencies like bitcoin, British junior finance minister...
How Bitcoin Is Fueling Ransomware Insurance Claims December 21, 2017 By Sonali Basak and Jenny Surane Hey, want those photos and files back? It may cost more than it used to. Thank bitcoin. Chubb Ltd., best...