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.

Hackers stole $45 million in bank card breach (Update)

A worldwide gang of criminals stole $45 million in a matter of hours by hacking their way into a database of prepaid debit cards and then draining cash machines around the globe, federal prosecutors said—and outmoded U.S. ...

The bubble bursts on e-currency Bitcoin

Many saw it coming, but that didn't stop the Bitcoin bubble from bursting: after rising to dizzying heights, the digital currency suffered its first true crash this week.

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 online currency ...

MasterCard launches new digital payment system

Credit card giant MasterCard announced Monday the launch of a new digital payment system that lets people use a wide variety of devices including smartphones to spend their money.

Iran blamed for cyber onslaught on US banks

US financial institutions are being pounded with high-powered cyber attacks that some suspect are being orchestrated by Iran as payback for political sanctions.

HSBC to pay $1.9B to settle money-laundering case

(AP)—HSBC avoided a legal battle that could further savage its reputation and undermine confidence in the global banking system by agreeing Tuesday to pay $1.9 billion to settle a U.S. money-laundering probe.

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