Hackers target smartphones to mine cryptocurrencies
Has your smartphone suddenly slowed down, warmed up and the battery drained down for no apparent reason? If so, it may have been hijacked to mine cryptocurrencies.
South Korean swaps bitcoins for €2m in fake notes
The deal sounded murky from the start: in exchange for bitcoin worth two million euros ($2.3 million), the wealthy buyer would hand over the equivalent sum in cash in a luxury hotel on the French riviera.
How to harness blockchain technology for growth, by Walker
Lady Victoria Walker is the Chief Operating Officer of United Digital Currency Reserve Foundation, founder of Bitmogul Academy, Author of the Bitmogul Guide, Blockchain and Cryptocurrency Speaker...
Banks should 'segregate' any bitcoin activities: ECB
Banks wanting to trade in digital currencies should make sure those activities are clearly "segregated" from their other operations, a top ECB official cautioned Monday, as ever more financial institutions mull jumping on the bitcoin bandwagon.
Volcanic growth for bitcoin in chilly Iceland
At a secret location in the midst of one of Iceland's breathtaking lava fields stands a warehouse whose non-descript siding belies the fact it is ground zero in a digital gold rush for cryptocurrencies that is burning through more electricity than Icelanders' homes.
Cryptocurrencies are Ponzi schemes, says Kim
The President of the World Bank Group, Jim Yong Kim, has compared cryptocurrencies to “Ponzi schemes,” and thus, becoming the latest financial voice to raise questions about the legitimacy of digital currencies such as Bitcoin.
Central banker takes stab at bitcoin 'bubble'
The head of the Bank of International Settlements, the central bank for central banks, on Tuesday lambasted bitcoin as a speculative bubble and said authorities need to be ready to protect public trust in the financial system.
UK bank bans bitcoin purchases via credit card
Lloyds Banking Group on Monday joined major US banks in banning purchases of bitcoin and other cryptocurrencies via credit card amid debt and security concerns.