Bitcoin

June 13, 2018 - 8:57 am
LONDON (AP) — The price of bitcoin has fallen to a four-month low of $6,370, days after South Korean virtual currency exchange Coinrail said hackers had stolen over $37 million, or almost a third of the virtual currency it had stored. After Coinrail announced the theft, the price of bitcoin dropped...
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Warren Buffett, chairman and CEO of Berkshire Hathaway, drinks Cherry Coke while playing bridge outside Berkshire-owned Borsheims jewelry store in Omaha, Neb., Sunday, May 6, 2018. On Saturday, tens of thousands of Berkshire Hathaway shareholders attended the annual Berkshire Hathaway shareholders meeting. (AP Photo/Nati Harnik)
May 07, 2018 - 8:14 am
OMAHA, Neb. (AP) — The Latest on investor Warren Buffett's comments on investing and other topics (all times local): 6:30 a.m. Investor Warren Buffett says the economy remains strong and business has been improving lately. Buffett told CNBC that the reports he gets from Berkshire Hathaway's many...
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March 23, 2018 - 5:14 am
KAMPALA, Uganda (AP) — Some tech-savvy Africans are embracing bitcoin, the most popular virtual currency, despite the warnings of a few governments, seeing the volatility in its value a better risk than the usual hustle amid the continent's high unemployment. Many bitcoin adoptees are professionals...
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In this Feb. 11, 2018, photo, a huge advertisement of Bitcoin is displayed near Shibuya train station in Tokyo. The Japanese government is slapping penalties on several crypotocurrency exchanges in the country, after 58 billion yen ($530 million) of virtual coins were lost earlier this year from hacking. The Financial Services Agency, which has been checking the exchanges, said Thursday, March 8, 2018, that FSHO and Bit Station exchanges were ordered to halt operations for a month. (AP Photo/Shizuo Kambayashi)
March 08, 2018 - 3:05 am
TOKYO (AP) — The Japanese government is slapping penalties on several cryptocurrency exchanges in the country, after 58 billion yen ($530 million) of virtual coins were lost earlier this year from hacking. The Financial Services Agency, which has been checking the exchanges, said Thursday that FSHO...
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A Thai investor watches share prices at private stock trading floor Bangkok, Thailand, Tuesday, Feb. 6, 2018. Shares are tumbling in Asia after a wild day for U.S. markets that resulted in the biggest drop in the Dow Jones industrial average in six and a half years. (AP Photo/Sakchai Lalit)
February 06, 2018 - 6:16 am
NEW YORK (AP) — The latest on developments in financial markets (all times local): 6:15 a.m. In the Middle East, stocks were touched by the U.S. and Asian markets' sell-off, though the losses were more limited. Dubai's stock market closed 1.5 percent lower and Abu Dhabi's shed nearly 1 percent on...
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A Nasdaq employee works at the Nasdaq MarketSite, in New York, Tuesday, Jan. 30, 2018. Health care stocks are leading U.S. indexes broadly lower in early trading following news of a big new venture in the health care business. (AP Photo/Richard Drew)
January 30, 2018 - 3:48 pm
U.S. stocks fell sharply in late-afternoon trading Tuesday, placing the market on course for its worst day since August and its first two-day losing streak in more than a month. Health care and technology stocks accounted for much of the decline. Banks, industrial companies and energy stocks also...
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A man looks at an electronic stock indicator of a securities firm in Tokyo, Tuesday, Jan. 30, 2018. Asian shares were lower Tuesday following Wall Street's biggest loss in more than four months. (AP Photo/Shizuo Kambayashi)
January 30, 2018 - 4:26 am
TOKYO (AP) — World shares skidded Tuesday following Wall Street's biggest loss in more than four months. KEEPING SCORE: The DAX in Germany lost 0.4 percent to 13,271.33 and the CAC 40 in France shed 0.3 percent to 5,506.27. Britain's FTSE 100 gave up 0.4 percent to 7,642.05. S&P 500 futures...
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A man looks at an electronic stock indicator of a securities firm in Tokyo, Tuesday, Jan. 30, 2018. Asian shares were lower Tuesday following Wall Street's biggest loss in more than four months. (AP Photo/Shizuo Kambayashi)
January 29, 2018 - 11:30 pm
TOKYO (AP) — Asian shares skidded Tuesday following Wall Street's biggest loss in more than four months. KEEPING SCORE: Japan's Nikkei 225 index lost 1.4 percent to 23,286.05 and Hong Kong's Hang Seng dropped 0.8 percent to 32,693.43. South Korea's Kospi sank 1.0 percent to 2,569.94. The Shanghai...
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A huge advertisement of Bitcon is displayed near a train station in Tokyo Monday, Jan. 29, 2018. Blockchain is a decentralized technology that can make transactions safe and secure, but crypto-currency exchanges that trade bitcoins and other virtual currencies that are based on this technology have been hacked because they are not working on secure networks. (AP Photo/Koji Sasahara)
January 29, 2018 - 5:58 am
SEOUL, South Korea (AP) — Blockchain technology can make transactions safe and secure, but crypto-currency exchanges that trade bitcoins and other virtual currencies that are based on this technology have been hacked because they are not working on secure networks, experts say. Late last week, the...
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January 26, 2018 - 3:21 am
TOKYO (AP) — A senior U.S. Treasury official has urged banks and financial regulators to do more to tighten oversight of trading in bitcoin and other cryptocurrencies. Sigal Mandelker, the Treasury undersecretary for terrorism and financial intelligence, said Friday that more needs to be done to...
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