Irked by high bank fees on international money transfers, two Estonian IT whizzes who helped engineer Skype and Paypal have hatched Transferwise, a global Internet platform coordinating currency swaps between individuals.
Google will award $1.6 million in prize money to four non-profit groups submitting winning proposals to help Brazil combat lingering social ills, the company announced Monday.
The Internet entrepreneur accused of being the mastermind behind an online marketplace for illegal drug sales called the Silk Road was scheduled Friday to go on trial in November.
The man accused of donning the mantle of the "Dread Pirate Roberts" to run the Silk Road online black market bazaar pleaded not guilty Friday to drug and money laundering charges.
A San Francisco man has been indicted on charges he was the mastermind behind a secret website that brokered more than $1 billion in transactions for illegal drugs and services.
Funding for U.S. startups increased 20 percent in the final three months of 2013 as venture capitalists poured more money into more deals, according to a report released Friday.
A dollar bill gets around, passing from hand to hand, falling on streets and sidewalks, eventually getting so grimy that a bank machine flags it and sends it to the shredder. Rather than destroying it, scientists have developed ...
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.
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.
A Ukrainian national who admitted to setting up a huge online marketplace for stolen financial data was sentenced to serve 18 years in a US prison Thursday, officials said.