Business / Tech Sep 10, 2020
How bitcoin gained currency in Africa
by Alexis Akwagyiram and Tom Wilson
Monthly cryptocurrency transfers to and from Africa of under $10,000 jumped more than 55 percent in a year to reach $316 million in June.
World Jul 16, 2020
Hacking spree alarms experts concerned about Twitter's security
The company statements confirmed the fears of security experts that the service itself — rather than users — had been compromised.
Business Feb 13, 2020
Letter bombs explode in ABN Amro and Ricoh offices in Netherlands alleged bitcoin extortion
Two letter bombs exploded on Wednesday at two separate locations in the Netherlands but nobody was hurt in the incidents, which police blamed on an extortionist who had demanded payment in bitcoin. Both explosions were minor, one at an ABN Amro bank mail-sorting office in ...
National / Crime & Legal Jan 23, 2020
Suspects arrested by Tokyo police over ¥78 million bitcoin theft
Tokyo police have arrested two men for allegedly stealing some ¥78 million in bitcoin from an overseas cryptocurrency exchange, it was learned Thursday. The Metropolitan Police Department's cybercrime unit arrested Yuto Onitsuka, 25, and Takuma Sasaki, 28, on computer fraud charges, investigative sources said. The two ...
Business / Tech Dec 12, 2019
China's bitcoin miners scoop up two-thirds of crypto-network's processing power
China's bitcoin miners now control two-thirds of the crypto-network's processing power, research showed on Wednesday, a growing share that is likely to benefit the country's miners. Miners in China control 66 percent of the global "hashrate," a measure of the power of computers hooked up ...
Business Nov 28, 2019
Cryptocurrency exchanges across China halt services amid crackdown
by Olga Kharif
China's latest crypto-crackdown is already claiming its first casualties. At least five local exchanges have halted operations or announced they will no longer serve domestic users this month, after regulators issued a series of warnings and notices as part of a cleanup of digital currency ...
World / Crime & Legal Oct 17, 2019
Law enforcement officials said on Wednesday they had arrested hundreds of people worldwide after knocking out a South Korea-based dark web child pornography site that sold videos for digital cash. Officials from the United States, Britain and South Korea described the network as one of ...
Business / Financial Markets Aug 6, 2019
Amid global market turmoil, bitcoin becomes surprising sanctuary for investors
by Vildana Hajric
Investors the world over are finding an unusual place to hide as the trade war between the United States and China roils global markets: bitcoin. Investors piled into safer securities such as sovereign bonds Monday after China struck back in its trade dispute with the ...
Business / Financial Markets Jun 24, 2019
Guardians of money bristle at Mark Zuckerberg's new financial order
Facebook Inc. was hours away from the formal announcement of its ambitious foray into financial services, but French Finance Minister Bruno Le Maire was already broadcasting his discontent. 'It's out of the question" that the social-media giant's digital money compete with sovereign currencies, Le Maire ...
Business / Corporate Jun 20, 2019
Line Corp., the nation's largest messaging app, is close to obtaining a license to launch a cryptocurrency exchange in Japan, according to people familiar with the matter. The Financial Services Agency could issue the license as early as this month, with exchange operations starting a ...
Business / Corporate May 8, 2019
Binance, one of the world's largest cryptocurrency exchanges, said hackers withdrew 7,000 bitcoin worth about $40 million via a single transaction in a "large scale security breach," the latest in a long line of thefts in the digital currency space. The hackers used a "variety ...