Business

Bitcoin goldrush sparks fears of speculative bubble

Bitcoin has enjoyed a record-breaking week after electric carmaker Tesla and Wall Street finance giants sparked a goldrush for the world's most popular virtual currency, but bubble fears persist.

Business

German police take down 'world's largest darknet marketplace'

A German-led police sting has taken down the "world's largest" darknet marketplace, whose Australian alleged operator used it to facilitate the sale of drugs, stolen credit card data and malware, prosecutors said Tuesday.

Computer Sciences

Outsmarting the PIN code

A PIN code is usually required at the checkout when paying large sums by credit card. ETH researchers have now discovered a flaw in the security system of some credit cards.

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Credit card

A credit card is part of a system of payments named after the small plastic card issued to users of the system. It is a card entitling its holder to buy goods and services based on the holder's promise to pay for these goods and services. The issuer of the card grants a line of credit to the consumer (or the user) from which the user can borrow money for payment to a merchant or as a cash advance to the user.

A credit card is different from a charge card, where a charge card requires the balance to be paid in full each month. In contrast, credit cards allow the consumers to 'revolve' their balance, at the cost of having interest charged. Most credit cards are issued by local banks or credit unions, and are the shape and size specified by the ISO/IEC 7810 standard as ID-1.

This text uses material from Wikipedia, licensed under CC BY-SA