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Fintech Headlines

U.S. SEC official says ether not a security, price surges

The price of ether rose on Thursday after a senior official at the U.S. Securities and Exchange Commission stated that the cryptocurrency was not a security, thus exempting certain transactions in the token from federal securities laws.

Bitcoin tumbles as hackers hit South Korean exchange Coinrail

South Korean cryptocurrency exchange Coinrail said it was hacked over the weekend, sparking a steep fall in bitcoin amid renewed concerns about security at virtual currency exchanges as global policy makers struggled to regulate trading in the digital asset.

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In age of Trump, evangelicals back self-styled top U.S. pimp

PAHRUMP, Nev. He styles himself as America's best-known pimp, a strip-club owner who runs multiple brothels and looks set to win a seat as a Republican in the Nevada legislature with the blessing of many conservative Christian voters. | Video