Jan 26 (Thomson Reuters Foundation) – An attractive alternative investment or no better than a Ponzi scheme? Cryptocurrencies are controversial – challenging conventional financial wisdom and worrying regulatory authorities around the world.
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Jan 26 (Thomson Reuters Foundation) – The International Monetary Fund (IMF) has urged El Salvador to drop bitcoin as a legal tender, citing risks to the nation’s financial stability and consumer protection, joining a growing chorus of countries clamping down on private digital currencies. Continue reading
LONDON, Jan 3 (Thomson Reuters Foundation) – From tackling the coronavirus pandemic to working remotely and communicating with loved ones, digital tools, platforms and policies increasingly affect how we live our lives.
Here are five tech trends to look out for in 2022. Continue reading
TOKYO, JAPAN (JANUARY 29, 2018) (REUTERS) – Japan’s financial regulator plans to slap an administrative punishment on cyrptocurrency exchange operator Coincheck Inc on Monday (January 29), the top government spokesman said, after the firm lost 58 billion yen ($534 million) worth of NEM coins to hackers. Continue reading
China Central Television (CCTV) – A major Japanese crypto-currency exchange has lost 58 billion yen (about 528 million U.S. dollars) in digital assets after a hacking attack, making it the world’s biggest ever digital currency theft. Continue reading
Volatile cryptocurrency markets have experienced massive gains in recent months, followed by huge dips and then subsequent signs of recovery. Continue reading
The co-founder of digital currency operator Liberty Reserve, Arthur Budovsky, was sentenced to 20 years in prison for what prosecutors say was a money laundering operation of unprecedented size and scope.