The U.S. Secret Service this week issued an alert to banks warning banks about an ATM exploit known called “jackpotting.” Continue reading
China Central Television (CCTV) – A major Japanese crypto-currency exchange has lost 58 billion yen (about 528 million U.S. dollars) in digital assets after a hacking attack, making it the world’s biggest ever digital currency theft. Continue reading
A Japanese pop group hopped on the bitcoin bandwagon on Friday (January 12), dedicating themselves to singing and dancing about the cryptocurrencies that have taken the world by storm this last year. Edward Baran reports. Continue reading
The South Korean government says it plans to ban cryptocurrency trading, sending bitcoin prices plummeting and throwing the virtual coin market into turmoil. Grace Lee reports. Continue reading
With Zimbabwe under threat of cash shortages and hyperinflation, some are turning to highly-volatile cryptocurrencies like bitcoin as a safer haven for their money. Matthew Larotonda reports. Continue reading
Last week, Ripple hosted Swell in Toronto which provided a forum for leaders in banking and blockchain to meet, network and hear from the likes of Dr. Ben Bernanke and Sir Tim Berners Lee. In case you missed the livestream, recorded sessions can be viewed here.
Bitcoin is booming, digital currency hedge funds are sprouting at the rate of two a week and the value of all cryptocurrencies has surged tenfold this year to more than $170 billion. But as Kate King reports, mainstream institutional investors are steering clear, taking the view that it is too lightly regulated, too volatile and too illiquid to risk investing other people’s money in. Continue reading
(REUTERS) – On the 30th anniversary of the 1987 stock market crash, U.S. stocks are at a record high and investors are concerned that steep valuations may mean a correction is overdue, despite healthy corporate earnings and economic growth.
Kenyan borrowers struggle to hang onto their assets as auctions heat up. A severe drought earlier this year, a slowdown in bank lending, and a prolonged period of political uncertainty are creating a growing pool of distressed borrowers whose assets are being seized by newly aggressive lenders in the east African powerhouse.
September marks 10 years since Barclaycard introduced contactless payments to the UK. As Kate King reports it’s since expanded to include wearables and mobilepay – bringing the idea of a cashless society one step closer. Continue reading