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Bitcoin startups lure quant whizzes from Wall Street
Armed with a doctorate in financial engineering, 34-year-old Timo Schlaefer was on his way to a promising career at Goldman Sachs in London.
MtGox Bitcoin CEO nabbed
TOKYO: Japanese police arrested Mark Karpeles, head of the MtGox Bitcoin exchange, yesterday after a series of fraud allegations lead to its spectacular collapse and hammered the digital currency’s reputation.
Winklevoss twins file paperwork to operate Gemini bitcoin exchange
Investors Tyler and Cameron Winklevoss earlier this week filed paperwork to operate a bitcoin exchange called Gemini for both individual and institutional investors in New York state, a spokeswoman said.
Betting on blockchain: firms seek fortune in bitcoin's plumbing
A year ago, bitcoin was widely dismissed as little more than a way for drug-dealers and terrorists to move money around anonymously. Now, some of the world's biggest banks and companies are buying into the technology behind it.
US, Israel make arrests related to JPMorgan hack
US and Israeli authorities arrested four people in Israel and Florida in connection with several fraud schemes tied to last summer's massive data breach at JPMorgan Chase & Co, according to news reports.
Former US agent pleads guilty to bitcoin theft in Silk Road probe
A former federal agent pleaded guilty to stealing bitcoins during the government's investigation of Silk Road, and to secretly soliciting payment from the operator of the online black market for information on its probe.
As Chinese stocks hit US$10tril for 1st time investors ask: Is there a bubble?
AS the China stockmarket hits US$10 trillion for the first time, with an unrivalled growth in dollar terms over a 12-month period, there are questions if a big bubble is forming.
US teen behind IS tweets faces 15 years in prison
A tech-savvy US teenager who was prolific on Twitter pleaded guilty to using social media to aid the Islamic State group, a crime punishable by up to 15 years in prison.
Digital currencies a big test for regulators: NY banking czar
New York’s powerful banking regulator Benjamin Lawsky said that digital currencies like Bitcoin pose a major challenge, but should not be stifled.