Financial technology

Justice Department Says It Seized $ 3.6 Billion Worth of Bitcoin Stolen in 2016 Hack

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WASHINGTON — The Justice Department said Tuesday it seized over $ 3.6 billion worth of digital currency stolen during a hack of a cryptocurrency exchange and arrested two suspects for allegedly trying to launder the proceeds. The value of the cryptocurrency at the time it was seized last week marks the largest financial seizure ever … Read more

On China Television, Corrupt Officials, Corporate Villains Are Bad Guys – The Wall Street Journal

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On China Television, Corrupt Officials, Corporate Villains Are Bad GuysThe Wall Street Journal .

NYC’s Tech Chief Aims to Amplify Mayor’s Vision

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New York City has launched efforts to root out waste in dozens of governmentwide information technology systems, largely by putting them all under one roof, the city’s new chief technology officer says. Matt Fraser, who became New York’s CTO last week, says streamlining these systems will make city government more efficient and “responsive to the … Read more