Venezuela is doing something completely unprecedented. Some even say illegal. As part of an attempt to stop skyrocketing inflation, the country is issuing a new fiat currency called the "sovereign bolivar," which will be backed...
Cryptocurrency has a security problem it hasn't been able to shake. Bad actors stole $1.7 billion worth of cryptocurrencies from investors last year, according to a new report the CipherTrace Cryptocurrency Intelligence published Tuesday. Of...
When the global financial crisis kicked into high-gear a decade ago, most Americans learned the hard way that questionable decisions on Wall Street can lead to dire consequences on Main Street. We all saw how pockets of unethical behavior...
The head of the Securities and Exchange Commission made it clear Wednesday that the agency won't bend the rules for cryptocurrency when it comes to defining what is or what isn't a security. "We are not going to...
Overstock plans to sell its decades-old retail business in the next few months to make way for a full-blown bet on blockchain. The previously announced sale plans could go through as soon as February, the...
Amazon is now under scrutiny from both sides of the U.S. political aisle, as Democrat Bernie Sanders echoed President Donald Trump's criticism of the e-commerce giant in a tweet this week. "You know what Amazon paid in federal...
Many would argue, however, that Amazon has been a positive for the postal service, which has suffered from bleak finances for more than a decade as other means of communication replace first class mail. Still,...
At 92, Maurice R. Greenberg is not done fighting. Mr. Greenberg, known as Hank, is a revered figure on Wall Street who built the American International Group into an insurance giant, only to lose it...
The U.S. Securities and Exchange Commission has picked a new leader for its emerging cryptocurrency division. Valerie Szczepanik, who already worked at the SEC, was promoted to a role that didn't exist until this week: Associate Director of the...
Moves by two major companies in the cryptocurrency space this week could be evidence that regulation is smoothing out, which could bode well for struggling bitcoin prices, according to one closely followed analyst. "We believe the regulatory picture is...
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