Economists find in large groups, money facilitates cooperation
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.
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.
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.
People don't put a high value on climate protection
(Phys.org) —People are bad at getting a grip on collective risks. Climate change is a good example of this: the annual climate summits have so far not led to specific measures. The reason for this is that people attach ...
How do Nobel laureates spend their prize money?
Nobel laureates sometimes display as much ingenuity when deciding how to spend their prize money as they did on the work that won them the award in the first place.
High-volume Bitcoin exchanges less likely to fail, but more likely breached, says study
Online exchanges that trade hard currency for the rapidly emerging cyber money known as Bitcoin have a 45 percent chance of failing—often taking their customers' money with them.
People care about source of money, attach less value to 'tainted' wealth
(Phys.org) —It's no accident that money obtained through dishonest or illegal means is called "dirty money." A new study from the University of California, Berkeley, suggests that when people perceive money ...
Startup links families with their independent seniors
A new way for families to stay close to independent elders that blends modern technology with old fashioned parcel post debuted on crowd-funding website Kickstarter Tuesday.
Crowdfunding gaining momentum, study says
Crowdfunding, a practice which allows startup firms to raise money from small investors over the Internet, picked up steam in 2012 with some $2.7 billion invested, a study showed Monday.
Senator says NASA to lasso asteroid, bring it closer (Update)
NASA is planning for a robotic spaceship to lasso a small asteroid and park it near the moon for astronauts to explore, a top U.S. senator disclosed Friday.
Choosing less a form of protection says new study on decision-making
Imagine you have a choice to make. In one scenario, you'd get $8 and somebody else—a stranger – would get $8 too. In the other, you'd get $10; the stranger would get $12.
Android rises to top—in malware threats, survey shows
The Android operating system accounted for 79 percent of all malware infections on smartphones, and the threat is multiplying, a security firm said Thursday.
Companies struggle to popularize mobile money
Mobile money may seem like a hot concept, but consumers aren't warming to it. At the world's largest cellphone trade show, here in Barcelona this week, the 70,000 attendees are encouraged to use their cellphones ...