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  • $40.7M award in SEC case over bitcoin Ponzi scheme

    Judge awards $40.7M in SEC case over bitcoin Ponzi scheme

    cnbc.com 19 Sep '14, 5pm

    A U.S. federal judge in Texas ordered Bitcoin Savings and Trust and its owner to pay a combined $40.7 million after the Securities and Exchange Commission established that the company, which sold investments using the virtual currency, was a Ponzi scheme. In a decision dated Thursday,...

  • Bitcoin tanks, is Alibaba to blame?

    Bitcoin tanks, is Alibaba to blame?

    cnbc.com 19 Sep '14, 3pm

    Raffael Danielli, quantitative analysis blogger behind Matlab Trading , said an Alibaba-influenced selloff could have been possible, but the current timetable does not make sense. "Selling your Bitcoins yesterday (and during the night) will only put USD into your Bitcoin exchange acco...

  • #bitcoin

    Is Apple Pay a bitcoin killer?—commentary

    cnbc.com 10 Sep '14, 5pm

    The concept of a "tokenization" or a one-time card number that does not transmit personal data is a similar concept to the Bitcoin blockchain. Certainly technology purists will argue that the blockchain technology at the heart of Bitcoin is superior, but to the consumer, the differenc...

  • The world's most expensive handbag costs $200,000, and it's up for grabs:

    The world's most expensive handbag could be yours

    cnbc.com 06 Sep '14, 12am

    Heritage Auctions A Hermes Diamond Himalayan Birkin bag is up for auction. If you'd like to carry a bag that costs the same as a three-bedroom, two-bath house in middle America, you can snag one at the Heritage Auction later this month . Expected to sell for about $200,000, the matte ...

  • #Europe ▪ Yves Carcelle, empire builder at Louis Vuitton, dies: Yves Carcelle, the charismatic executive who t...

    Yves Carcelle, empire builder at Louis Vuitton, dies

    cnbc.com 02 Sep '14, 5am

    In 1997, he gave the brand further impetus by recruiting Marc Jacobs to design shoes and ready-to-wear clothing for Louis Vuitton, which also added watches, jewelry and other accessories. "He really gave his life to that place," Mr. Jacobs said on Monday from New York. "But while he k...

  • China bitcoin firms warn New York on regulation

    China bitcoin firms warn New York on regulation

    cnbc.com 21 Aug '14, 7am

    Three of the biggest bitcoin exchanges in China teamed up on Thursday to release a joint letter addressed to New York regulators, warning them that proposed rules for the digital currency will have far-reaching consequences. In the joint correspondence, signed by the CEOs of BTCChina,...

  • Bad news in Hong Kong is good news for Singapore

    Hong Kong democracy: What's bad for Hong Kong is good for Singapore

    cnbc.com 02 Sep '14, 6pm

    In recent years "we've seen a trend of large companies moving their Asia Pacific headquarters from China to Singapore," said Damian Chan, international director for Americas from Singapore's Economic Development Board (EDB), who added that companies are not abandoning China but increa...

  • Will that be debit, credit or Bitcoin?

    cnbc.com 23 Aug '14, 3pm

    The company is beta testing 100 cards with friends and family members. It allows users to make purchases with accounts from Coinbase—a bitcoin exchange—and Ripple—a digital payment exchange protocol that can support real and digital currency. While the card does not currently access b...

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