The operator of a now-defunct cryptocurrency investment platform was charged with lying to U.S. regulators to hide the fact that hackers stole more than 6,000 of his customers’ Bitcoins.
Making big bets on speculative assets with retirement money is something most advisers warn against, but Bitcoin fever is prompting all sorts of puzzling decisions.
Buy high, sell low. In November, Swiss fintech company Temenos Group AG spent 150 million Swiss francs ($160 million) buying back its shares at an average price of 122 francs each. Weeks later, with the stock at 115 francs, it’s preparing to sell shares to fund a $1.9 billion takeover of British rival Fidessa Group Plc.
Bitcoin’s stunning rebound continued on Tuesday, with the world’s largest digital token extending recent gains after South Korean regulators signaled they will actively support what they called “normal” cryptocurrency trading.
Malicious cyber activity cost the U.S. economy between $57 billion and $109 billion in 2016, the White House said Friday.
Five years ago, Matthew Moody was killed during an observational flight when the two-seater plane he was in crashed flying over a canyon in Chico, California.
Just 8 percent of cybersecurity heads at U.S. financial firms report to the chief executive officer directly and more should do so to help facilitate decision-making, according to the Financial Services Information Sharing & Analysis Center.
Marco Abele, the former digital chief of Credit Suisse Group AG, is in “advanced talks” with Allianz Group’s corporate insurance business to win it over as a partner for his new investment platform TEND.
TD Ameritrade Holding Corp. could be sliding into your DMs.
Goldman Sachs Group Inc. is in discussions to acquire personal-finance startup Clarity Money, with plans to fold it into its Marcus online lender, according to people familiar with the matter.
Digital currencies just got name-checked by a group that many of their boosters would probably rather avoid: Securities and Exchange Commission inspectors.