The $500 million heist of digital tokens from Japanese exchange Coincheck Inc. on Friday is remarkable for its sheer size, but thefts in the lightly regulated world of cryptocurrencies are woefully frequent. In less than a decade, hackers have stolen …
Major global insurers are starting to offer protection against cryptocurrency theft, willing to tackle daunting challenges it brings rather than miss out on this volatile and loosely regulated, but rapidly growing business. So far only a few insurers sell such …
U.S. exchange group Nasdaq Inc has joined a 7 million-euro ($7.9 million) investment round in Stratumn, which helps companies develop applications using blockchain technology, the Paris-based startup said on Thursday [June 8]. The investment was led by Open CNP, the …
First of Two Articles While everyone talks about blockchain, also known as mutual distributed ledger technology, just a few people actually know what this technology can do and how it could someday revolutionize the re/insurance industry, just by streamlining back-office …
Australian tech entrepreneur Craig Wright told the BBC on Monday he was the creator of controversial digital currency bitcoin, ending years of speculation about a person who until now has gone by the name of Satoshi Nakamoto. The BBC said …
Legislators in America’s second-largest banking center are considering regulations for Bitcoin and other virtual currencies. North Carolina’s banking commissioner is seeking legislative authority to require that companies circulating digital IOUs meet consumer protection, anti-money laundering and other standards. Legislation passed …
Consumers around the world are racking up more than 100,000 financial transactions every day without using cash, credit cards or a barter system, How are all those buyers doing it? With Bitcoins, of course. The growing use of the six-year-old …
