Bitcoin technology leaves regulators falling behind Irish Independent Since the inception of bitcoin in January 2009, it has appreciated exponentially in value. In 2009, it would have cost €24 for 5,000 bitcoins. At the time of writing, those same 5,000 bitcoin would cost €10,868,309. | Some view this as a 'bubble' or 'Ponzi scheme' that will eventually burst. In ...
Police team up with Tencent to target online fraud China Daily Police in Guangdong province have detained more than 100 suspects as part of a campaign to combat online fraud. | Investigators have frozen 190 bank accounts containing a total of more than 51 million yuan ($7.66 million) in illicit funds, according to Lu Feng, deputy director of the Guangdong Publi...
Two Britons win appeal against US Libor convictions The Daily Telegraph Two Britons who were former traders at Dutch firm Rabobank have had their US convictions for rigging the key financial benchmark Libor overturned by an American court. | Anthony Allen and Anthony Conti were sentenced to two years and one year in jail...
HBOS inquiry: the time for delays is over The Guardian Nils Pratley | The FCA has its reasons for the hold-ups – but nine years is too long to wait to find out if the bank’s top brass should be barred | HBOS | Nils Pratley on finance | HBOS inquiry: the time for delays is over | Nils Pratley | The FC...
Barclays-Qatar Trial Scheduled for January 2019 by London Judge The National Four former Barclays executives will stand trial in January 2019 on allegations they conspired to commit fraud over the bank’s 2008 fundraising with Qatar, a London judge said. | The trial date was set at a hearing Monday where forme...
Former Barclays chief will stand trial over Qatari fundraising in January 2019 The Daily Telegraph The former boss of Barclays and three other ex-directors of the bank have been told that they will stand trial in January 2019 over the bank's emergency fundraising with Qatar almost a decade ago. | Mr Justice Edis confirmed the trial date at South...
Police team up with Tencent to target online fraud China Daily Police in Guangdong province have detained more than 100 suspects as part of a campaign to combat online fraud. | Investigators have frozen 190 bank accounts containing a total of more than 51 million yuan ($7.66 million) in illicit funds, according ...
HBOS took £240m hit after 'serious control breakdown' in Reading The Observer HBOS took a £240m hit in 2007 after discovering a “serious control breakdown” in its Reading operation, according to information published by the City regulator for the first time. | The Financial Conduct Authority (FCA) on Tuesday published inf...
India dominates online work force: Report The Times Of India NEW DELHI: India is the largest supplier of online labour, says a recent report, analyzing data from online platforms connecting freelancers with employers. India is followed by Bangladesh, US, Pakistan, Philippines, and the UK in what is being termed "digital gig work" or freelance work offered online. Over half of the online work supplied out of ...
Apple Becomes A Little Less Secretive Seeking Alpha Rethink Technology business briefs for July 19, 2017. Apple starts a blog about machine learning | Source: Apple | Lately, we've been seeing signs that Apple (AAPL) is starting to loosen up just a teensy bit about its research interests. There were Tim Cook's extensive interviews with Bloomberg, in which he discussed Apple's interests in augmented ...