Bitcoin sinks abruptly after seven weeks of recovery
The price of bitcoin abruptly sank more than 20% on Friday, a move that didn't appear to have a particular trigger and came after a strong recovery in the crypto-currency since early April that took it to 10-month highs.
Exclusive: Banks to invest around $50 million in digital cash settlement project - sources
Several of the world's largest banks are in the process of investing around $50 million to create a digital cash system using blockchain technology to settle financial transactions, according to people familiar with the plans.
Rise of smaller rivals throws up fresh challenge to bitcoin
Bitcoin's weathered hacks, heists, booms and busts to reign as the king of cryptocurrencies through its first decade. But now there's a fresh challenge to its dominance of the fledgling market: some 2,000 smaller digital coins.
Rapid bitcoin rally cheers crypto market investors, others wary
Bitcoin hit its highest level in 10 months on Tuesday, raising hopes among cryptocurrency enthusiasts of greater mainstream acceptance as an escalating U.S.-China trade war roiled global markets, but others urged investor caution.
Bitcoin tops $8,000 as it hits highest since July 2018
Bitcoin surged to more than $8,000 late on Monday, its highest level since July last year, as the cryptocurrency's rally gained further momentum.
Hackers steal $41 million worth of bitcoin from Binance cryptocurrency exchange
Hackers stole bitcoin worth $41 million from Binance, one of the world's largest cryptocurrency exchanges, the company said on Wednesday, the latest in a string of thefts from cryptocurrency exchanges around the world.
Japan's SoftBank taps into Mexican fintech startup Clip: sources
Japan's SoftBank Group invested about $20 million in Mexican payments startup Clip early this year, one of its first Latin America deals as it launches a $5 billion technology fund in the region, said three people familiar with the matter.
Explainer: 'Privacy coin' Monero offers near total anonymity
Bitcoin's share of the cryptocurrency market is sliding, with a host of alternative digital coins gaining ground as developers race to create digital cash that can gain a footing in mainstream commerce and finance.
Bitcoin jumps as much as 6 percent to new six-month high
Bitcoin jumped to a new six-month high on Friday in a move that traders said was the result of technical forces, with no immediate news catalysts sending the cryptocurrency higher.
Hamas shifts tactics in bitcoin fundraising, highlighting crypto risks: research
The armed wing of Hamas is using increasingly complex methods of raising funds via bitcoin, researchers say, highlighting the difficulties regulators face in tracking cryptocurrency financing of outfits designated by some as terrorist groups.
Swiss investment firm, Bitfury launch bitcoin mining fund
Swiss investment firm Final Frontier and global blockchain technology company the Bitfury Group, which was recently valued at $1 billion, on Wednesday announced the launch of a regulated bitcoin mining fund.
China's Tencent backs Argentina mobile banking startup Uala
Chinese tech giant Tencent Holdings Ltd has invested in Argentine mobile banking service Uala, which also counts George Soros and Point72 Ventures LLC among its investors, the start-up's founder said.
Japan probes two cryptocurrency exchanges after management changes: sources
Japan's financial regulator raided two cryptocurrency exchanges last week to investigate their internal oversight, including customer protection and anti-money laundering measures, two sources familiar with the matter said on Tuesday.
Mir card payment system looks beyond Russia
After Western sanctions gutted Russia's financial system five years ago, a new bank card began appearing in the wallets of many Russians.
Big corporates back crypto 'plumbing' despite currency caution
Major finance and tech firms are pouring money into startups building technology to develop the crypto market, even though they're steering clear of the volatile currencies themselves.
Japan to require crypto exchanges to bolster internal oversight: source
Japan's financial regulator will require cryptocurrency exchanges to strengthen internal oversight of the so-called "cold wallets" used to store digital money, a source with direct knowledge of the matter told Reuters on Tuesday.
China wants to ban bitcoin mining
China's state planner wants to eliminate bitcoin mining in the country, according to a draft list of industrial activities the agency is seeking to stop in a sign of growing government pressure on the cryptocurrency sector.
U.S. SEC issues guidelines to help analyze crypto assets
The U.S. Securities and Exchange Commission on Wednesday issued guidelines to help market participants determine whether a digital asset qualifies as a security under federal securities laws and needs to be registered with the regulator.