cryptocurrency News
Crypto Thefts Are Surging, Spurring More Coin Money-Laundering
Criminals are stealing more cryptocurrency from exchanges, and that's driving growth in a cottage industry of services that allows for money laundering of coins, according to a new report. In the ...
Could Bitcoin Break the Internet?
The Bank for International Settlements (BIS) just told the cryptocurrency world it's not ready for prime time—and as far as mainstream financial services go, may never be. In a withering 24-page ...
Custody Protection, Regulation, Insurance Seen Paving Way for Shift to Cryptocurrencies
Hedge fund manager Kyle Samani embraces his job making multimillion-dollar bets on the wild market for cryptocurrencies, but he's long contended with a headache: ensuring his holdings aren't stolen. ...
Cryptocurrency Risks Underscored in New $1B U.S. Lawsuit
One of the highest profile digital-currency projects in Switzerland, a country that's been among the most enthusiastic advocates for cryptocurrencies, is under fire from both outsiders and insiders ...
Ransomware Attacks, Cloud Outages Among Top Concerns for Cyber Insurers: Aon Benfield
The rate of cyber extortion incidents continued to increase during the fourth quarter of 2017. In fact, despite a significant lag in reporting time, the total number of cyber extortion events ...
Insurers May Not Be Able to Avoid Blockchain, Virtual Currencies ‘Sweeping Through Industry’
Insurers need to be thinking about blockchain technology and virtual currencies like bitcoin and how to approach these areas of emerging risk as they become harder to ignore, according to panelists ...
EU Regulators Warn of Cryptocurrency Pricing Bubble
Virtual currencies such as bitcoin have shown clear signs of a pricing bubble and consumers could lose all their money, the European Union's banking, securities and insurance watchdogs said on ...