A bitcoin ATM machine is shown at a restaurant in San Diego, California. The price of bitcoin plummeted by 20 per cent over the weekend hitting a one-year low. Photograph: Mike Blake/Reuters

The price of bitcoin fell nearly 20 per cent this weekend to its lowest level of the year, prompting worries of a crash. “As the price is going down, (...)

As part of the agreement with New York’s Department of Financial Services, StanChart will suspend clearing activity for high-risk Hong Kong business clients and exit certain client relationships at its branches in the United Arab Emirates.  Photograph: Bloomberg

Standard Chartered will be barred from processing transactions for some high-risk clients as part of a $300 million (€225 million) settlement with New(...)

PricewaterhouseCoopers was fined $25 million after sanitising a report to regulators on sanctions and money-laundering controls for Bank of Tokyo-Mitsubishi UFJ , New York’s top bank regulator said today. (Photograph: Mario Tama/Getty Images)

PricewaterhouseCoopers was fined $25 million after sanitising a report to regulators on sanctions and money-laundering controls for Bank of Tokyo-Mits(...)

Yesterday, Slovenia-based Bitstamp became the second major bitcoin exchange to halt customer withdrawals in the past several days, citing “inconsistent results”, and blaming a denial-of-service attack. Photograph: Tomohiro Ohsumi/Bloomberg

Bitcoin is being hit by attacks from unknown computer hackers who are sending “mutated” lines of code into the program that runs the virtual c(...)