News Topic: bitcoin

The chief information officer and top security officer are retiring in the wake of the massive data hack; Mike Cagney is leaving the student loan lender. ... Read full article

Agency confirms it’s investigating the credit bureau; regulator gives green light to Upstart Network to use cellphone payments, etc., to underwrite loans. ... Read full article

More than 100 suits have been filed since the company revealed the massive data breach last week; price of digital currency is down 25% since hitting a record high a week ago. ... Read full article

The cryptocurrency has been declared dead more times than Rasputin, yet it keeps going higher. ... Read full article

Lenders aren’t happy with the way the credit bureau has responded to the data breach; JPM chief calls digital currency “a fraud.” ... Read full article

JPMorgan Chase CEO Jamie Dimon predicted Tuesday that the market for bitcoin is on the verge of crashing, saying it was even worse than the infamous Dutch Tulip bubble. ... Read full article

The FBI and at least two states are looking into the data breach; Harvey shut lots of banks, but mobile banking apps keep customers operating. ... Read full article

The legislation introduced by Reps. Jared Polis, D-Colo., and David Schweikert, R-Ariz., would allow cryptocurrency users to make transactions of up to $600 without paying taxes. ... Read full article

CFPB director gives political speech but avoids saying if he will run for governor in Ohio; Treasury is looking into getting rid of the "too big to fail" label. ... Read full article

CFPB and OCC are looking at auto lenders’ policies regarding so-called GAP insurance; banks want greater collateral from retailers. ... Read full article

Fed chair says post-crisis financial reforms have strengthened the banking system and the economy; consumers again comfortable borrowing against their home equity. ... Read full article

Where existing money and payment systems are wanting, mutually consenting adults are resourceful in finding ways to transact, notwithstanding government restrictions. ... Read full article

Prodigy Finance, a London-based graduate student lender, gets $240 million in new funding round; Bitcoin Cash value soars. ... Read full article

The simple act of moving money can have a big impact on any political movement, so banks and payment networks are often caught up in issues of national importance. Here are some recent instances where payments and politics came head-to-head. ... Read full article

In an in-depth Q&A, early bitcoin adopter Erik Voorhees, founder of the crypto exchange ShapeShift, discusses a new acquisition, an experimental investment product and the future of his industry. ... Read full article

Society has accepted central banks’ monopoly over creating and controlling the flow of money, but history and current technological innovations point to alternative approaches. ... Read full article

Warren Buffett’s firm buys big stake in retail credit card issuer while dumping shares in its former parent, GE; long-awaited update speeds transactions in the digital currency network. ... Read full article

Bank accused of overcharging small-business credit card customers; is digital currency an investment vehicle ot just a currency? ... Read full article