US seizes Bitcoin operator accounts
US authorities seized the accounts of a Bitcoin digital currency exchange operator, claiming it was functioning as an "unlicensed money service business," court documents showed Friday.
As Bitcoin virtual currency soars, bubble fears do too
Some call it the most famous pizza purchase in history: In May 2010, a programmer called Laszlo asked an online forum if anyone would buy him a couple of pies in exchange for 10,000 Bitcoins, an experimental ...
Study suggests banks could learn from monkeys to avoid collapse
(Phys.org) —All jokes about monkey business aside, primate social networks provide valuable lessons that could help predict and prevent catastrophes like the global financial crisis of 2008, report researchers ...
Rethinking investment risk
Financial innovation is supposed to reduce risk—in theory, at least. Yes, new financial instruments based on the housing market helped cause the financial crisis of 2008. But in the abstract, those same ...
European carmakers to get serious at Geneva show
The Geneva Motor Show has long had a reputation as one of the glitziest stops on the global auto show circuit—the place to unveil luxury models and out-of-this-world fantasy concept cars. But this year ...
New records for sea ice loss, greenhouse gas in 2012 (Update 2)
The world lost record amounts of Arctic sea ice in 2012 and spewed out all-time high levels of greenhouse gases by burning fossil fuels, international climate scientists said Tuesday.
Australia's new supercomputer a boon for climate scientists
Australia's most powerful computer was unveiled Wednesday, in a boost for climate scientists who need to crunch vast amounts of data to make forecasts and pinpoint extreme weather, officials said.
Top India Bitcoin operator halts trade after bank warning
India's biggest Bitcoin trading platform said on its website Friday it had suspended operations after the central bank warned against the risks of using virtual money.
Pirate party makes a raid on German politics
(AP) -- Pirates are capturing Germany's political system. The party with the outlaw name started as a marginal club of computer nerds and hackers demanding online freedom, but its appeal as an antiestablishment ...
Patent requests in Europe reach record in 2011
Patent requests in the Europe reached a record high in 2011, in a telling sign that companies are determined to stay on the cutting edge despite a debt crisis and an uncertain economy.
Biggest jump ever seen in global warming gases
(AP) -- The global output of heat-trapping carbon dioxide jumped by the biggest amount on record, the U.S. Department of Energy calculated, a sign of how feeble the world's efforts are at slowing man-made ...
Sony more than doubles net loss forecast to $6.4 bn
Japan's Sony on Tuesday said it would book a net loss of about $6.4 billion in the year to March, more than double its previous forecast amid sweeping changes at the struggling electronics giant.
EU bank watchdog warns over Bitcoin
The European Union's banking watchdog on Friday issued a warning over virtual currency trading amid huge swings in the value of Bitcoin, a lack of regulation and money laundering risks.
In financial ecosystems, big banks trample economic habitats and spread fiscal disease
(Phys.org)—Like the impact of an elephant herd grazing on grassland, multinational banks shape the financial environment to an extent that far outweighs their small number. And like a contagious person on a transnational ...