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Bitcoin Miners Hack Amazon Web Services - Bank Innovation

The RedLock security intelligence group has discovered that Hackers used Amazon's Web Services (AWS) computing resources to mine bitcoin.

The company issued a report outlining its finding following the discovery that certain AWS, Microsoft Azure, and Google Cloud administrative consoles were not password protected and therefore presented a perfect target for hackers.

Upon inspection, RedLock...

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Will Bitcoin End 2017 at $10,000? | Bank Innovation | Bank ...

Will Bitcoin End 2017 at $10,000?

Grace Noto

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EXCLUSIVE--All eyes are on bitcoin as 2017 draws to a close: will the notoriously volatile cryptocurrency end the year at a $10,000 value?

Like most things in cryptocurrency, this is debatable: on the one hand, bitcoin's current climb -- the currency passed $8,000 earlier in the month -- is giving the $10K camp plenty of ammunition.

Bitcoin...

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CME to Launch Bitcoin Futures, Causing BTC Price Surge ...

Exchange operator CME Group has announced plans to launch bitcoin futures this quarter.

The announcement by the largest futures trading provider in the world prompted a price surge for the currency, pushing bitcoin's price to a record high (again) of more than $6,300 per BTC.

The launch of these...

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Related topics : bitcoin price exchange rate / btc bitcoin price / bitcoin price exchange / bitcoin trading price / bitcoins dollars exchange rate

Bank Innovation | The Future of Fintech

Tatjana Kulkarni

December 29, 2017

Add India to the list of countries that is wary of cryptocurrencies. Today India's finance ministry released a statement likening digital currency inv...

Tatjana Kulkarni

December 29, 2017

Philip Ryan

December 29,...

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Related topics : digital currency exchanger in india / digital currency exchange provider / digital currency exchange list / bitcoin digital currency exchange / digital currency exchange business

BitFlyer Launches Bitcoin Visa Prepaid Card | Bank ...

BitFlyer Launches Bitcoin Visa Prepaid Card

Jennifer Ruther

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Japan's largest bitcoin exchange, bitFlyer, announced on Friday that it has launched a yen-dominated bitcoin Visa prepaid card, bringing Japanese consumers one step closer to being able to use bitcoin for their daily purchases.

Users will be able to load their card with bitcoin via their bitFlyer accounts, and then use the...

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The United States May License Bitcoin and Cryptocurrency ...

The Acting Comptroller of the Currency of the United States, Keith Noreika, has stated that he is considering imposing a nationwide licensing program for cryptocurrency exchanges, similar to the licensing program recently enacted in Japan. This hypothetical licensing program could put into place a nation-wide, unified regulatory framework for cryptocurrency exchange platforms.

Last week, Japan's...

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Related topics : bitcoin digital currency exchange / digital currency exchange business / digital currency exchange platform / digital currency exchange rates / digital currency exchanger

Bitcoin Bursts onto NYSE in $500 Million IPO | Bank ...

Shares of the Bitcoin Investment Trust are up 1.28%, and are trading at $118.50 at...

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Related topics : bitcoin investment trust ipo / bitcoin investment trust / bitcoin 1 million