cryptocurrency

Facebook recently announced it would dramatically increase its headcount in London and Dublin, saying the newly hired talent would work on WhatsApp payments.
Justin Sullivan/Getty Images via CNN
May 24, 2019 - 12:51 pm
By Ivana Kottasová, CNN Business (CNN) -- Facebook is reportedly preparing to launch a cryptocurrency as part of its global push into payments. The BBC reported Friday that Facebook wants to start testing "GlobalCoin" by the end of this year. The Financial Times said the company had even held talks...
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Bitcoin
Dreamstime
February 05, 2019 - 7:57 am
By Daniel Shane, CNN Business (CNN) -- The death of a Canadian entrepreneur has left a huge stash of cryptocurrencies locked off from the people who own them. Quadriga, Canada's biggest cryptocurrency exchange, said it's unable to gain access to $145 million of bitcoin and other digital assets...
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Music producer DJ Khaled and boxer Floyd Mayweather Jr. were charged by the Securities and Exchange Commission Thursday with promoting investments in initial cryptocurrency coin offerings without revealing that they'd been paid.
Getty Images via CNN
November 29, 2018 - 8:05 pm
By Ahiza Garcia, CNN Business (CNN) -- Music producer DJ Khaled and boxer Floyd Mayweather Jr. were charged by the Securities and Exchange Commission Thursday with promoting investments in initial cryptocurrency coin offerings without revealing that they'd been paid. The SEC has said that...
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Bitcoin
Dreamstime
June 20, 2018 - 8:44 am
By Jethro Mullen (CNN Money) — One of the world's biggest bitcoin exchanges on Wednesday said that more than $30 million worth of cryptocurrencies have been stolen from it. Bithumb, an exchange based in South Korea, said in a notice on its website that all customer deposits and withdrawals have...
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Bitcoin ATM
PA Images/Sipa USA
June 13, 2018 - 2:27 pm
LONDON (AP) — The price of bitcoin fell to a four-month low of $6,370 on Wednesday, days after South Korean virtual currency exchange Coinrail said hackers had stolen over $37 million, or almost a third of the virtual currency it had stored. After Coinrail announced the theft, the price of bitcoin...
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Bitcoin
May 07, 2018 - 10:40 am
By Paul R. La Monica (CNN Money) -- Tell us how you really feel, Mr. Buffett. The price of bitcoin took a dive after Warren Buffett renewed his criticism of the cryptocurrency — even comparing it to rat poison. Bitcoin had been closing in on $10,000, but it fell nearly 6% Sunday and was down...
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