October 2, 2017

After already releasing a bulletin in July warning investors about the potential risks associated with initial coin offerings, the Securities and Exchange Commission may be getting closer to cracking down on token sales after it charged a businessman and two of his com...

September 25, 2017

A pair of the most high-profile detractors of the cryptocurrency craze have recently dismissed bitcoin as "a fraud" (JPMorgan's Jamie Dimon) and "a bubble" (Bridgewater Associates' Ray Dalio).

So we're going to assume this bit of news won't do anything to change their m...

September 22, 2017

Having already called bitcoin “a fraud,” JPMorgan chief executive Jamie Dimon ramped up his attack on the cryptocurrency in an interview with CNBC on Friday, once again asserting that things are going to “end badly” for bitcoin and its investors.

Dimon told CNBC that “t...

September 19, 2017

A week after Jamie Dimon called bitcoin "a fraud," the founder of the world's largest hedge fund has leveled his own harsh take on the crypocurrency market.

In an interview with CNBC's "Squawk Box" on Tuesday, Bridgewater Associate's Ray Dalio said bitcoin "is a highly...

September 13, 2017

Vikram Pandit, the former chief executive of Citigroup, said in an interview with Bloomberg Television on Wednesday that advancements in artificial intelligence and robotics could make 30 percent of banking jobs obsolete within the next five years.

Pandit, who is now th...

September 13, 2017

Michael Cagney is stepping down as chief executive of Social Finance Inc. about a month after a former employee filed a lawsuit against the San Francisco-based online lending startup in a whistle-blower case, Bloomberg reports.

Cagney is the highest-ranked executive to...

August 31, 2017

Mobile messaging app Kik has raised $50 million as it eyes a $75-million coin offering, CoinDesk reports.

The money was raised through the private sale of its own ethereum token - called Kin - to institutional investors, including Polychain Capital, Blockchain Capital a...

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