News tagged with money

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Bitcoin rises above $1,000

The virtual currency bitcoin Wednesday broke above $1,000 per unit, quintupling in a month, according to Mt. Gox, which manages trading in bitcoin.

Nov 27, 2013 3.8 / 5 (13) 50

Skype-type money swaps bad news for banks?

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 ...

Feb 16, 2014 4.6 / 5 (7) 1