Business Jun 18, 2019

How cryptocurrencies can replace other pay options

by Glenn Chapman

Cryptocurrencies live in a volatile, roller-coaster world, which Facebook is seeking to change with its new Libra digital money. The new digital currency will be overseen by a nonprofit association and backed with real assets to serve as a reliable, stable form of globally accepted ...

Business Jun 17, 2019

Facebook to unveil new cryptocurrency

Facebook is set Tuesday to unveil a bid to bring cryptocurrency payments into the mainstream, reportedly with the endorsement of governments and financial giants. The world's biggest social network is expected to outline details of a virtual currency launching next year that it hopes will ...

Mt. Gox bitcoin exchange's Mark Karpeles appeals conviction

Business Mar 30, 2019

Mt. Gox bitcoin exchange's Mark Karpeles appeals conviction

Mark Karpeles, who headed Mt. Gox, a Japan-based bitcoin exchange that went bankrupt after a massive hack, is appealing his conviction on charges of manipulating electronic data. Karpeles' lawyer Nobuyasu Ogata said Friday his client was just trying to reduce risks for Mt. Gox users. The ...