Business

China's crypto-miners look abroad as regulators tighten noose

When a prefecture in northwestern China's Xinjiang region ordered a halt on cryptocurrency mining projects this month, Chris Zhu scrambled to move clients' machines southward, spending over a week to reassemble in Sichuan.

Business

A new protocol for faster, safer crypto transactions

Researchers from the research unit 'Security and Privacy' at TU Wien (Lukas Aumayr and his supervisor Prof. Matteo Maffei) in collaboration with the IMDEA Software Institute (Prof. Pedro Moreno-Sanchez, previously postdoc ...

Business

Bitcoin proves double-edged sword for criminals

Regulators have repeatedly criticised the growth of cryptocurrencies such as bitcoin because of their popularity with criminals but the technology's transparent transactions can also work against law breakers.

Business

PayPal earnings soar on e-commerce boom

PayPal on Wednesday reported record quarterly profit as the online financial transactions service benefited from an e-commerce trend boosted by the pandemic.

Business

WeWork to go public with $9 bn valuation

WeWork announced on Friday it plans to enter public markets through a merger transaction that raises $1.3 billion, valuing the office-sharing firm at a fraction of the sum discussed in its unsuccessful pre-pandemic effort ...

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