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Technology 13 Nov 2015 | 2:07 PM

Banks expected to adopt new technologies rather than be overrun

New technology firms are battering all kinds of companies, but banks will remain as financial intermediaries, due to the regulations and duties governments have put on them, says a proponent of the technology behind the Bitcoin cryptocurrency.

TECH 11 Nov 2015 | 3:03 PM

Microsoft launches cloud-based blockchain platform with Brooklyn start-up

Microsoft launched a cloud-based blockchain platform with Brooklyn-based start-up ConsensYs, which will allow financial institutions to experiment cheaply and easily with the technology underpinning bitcoin.

TECH 11 Nov 2015 | 12:28 PM

US charges three in huge cyberfraud targeting JPMorgan, others

US prosecutors unveiled criminal charges against three men accused of running a sprawling computer hacking and fraud scheme that included a huge attack against JPMorgan Chase & Co and generated hundreds of millions of dollars of illegal profit.

Business 11 Nov 2015 | 7:10 AM

US charges three in huge cyberfraud targeting JPMorgan, others

NEW YORK: U.S. prosecutors on Tuesday unveiled criminal charges against three men accused of running a sprawling computer hacking and fraud scheme that included a huge attack against JPMorgan Chase & Co and generated hundreds of millions of dollars of illegal profit.

TECH 06 Nov 2015 | 10:52 AM

US holds final auction of bitcoin from Silk Road case

The US government began its final auction of bitcoins seized during the prosecution of the creator of Silk Road, an online black market where the virtual currency could be used to buy illegal drugs and other goods.

TECH 02 Nov 2015 | 11:39 AM

Biting back: bitcoin heads for best month in one and half years

Bitcoin has just recorded its best month since May 2014, stealing the spotlight away from the blockchain technology that underpins it and which has been attracting investment from almost every major bank in the world.

TECH 20 Oct 2015 | 4:06 PM

Ex-US agent gets over six years for bitcoin theft in Silk Road probe

A former US federal agent was sentenced to 78 months in prison for stealing bitcoins during the government's investigation of Silk Road and for secretly soliciting payment from the operator of the online black market for information on its probe.

TECH 05 Oct 2015 | 10:28 AM

Bitcoin flounders in Australia as regulatory worries bite

Australian businesses are turning their backs on bitcoin, as signs grow that the cryptocurrency's mainstream appeal is fading.

Business 05 Oct 2015 | 12:00 AM

Bitcoin flounders in Australia

SYDNEY: Australian businesses are turning their backs on bitcoin, as signs grow that the crypto currency’s mainstream appeal is fading.

Business 04 Oct 2015 | 1:57 PM

Bitcoin flounders in Australia as regulatory worries bite

SYDNEY: Australian businesses are turning their backs on bitcoin, as signs grow that the cryptocurrency's mainstream appeal is fading.