Bitcoin Breakdown: Another Bitcoin Site Goes Belly-Up
Less than a week after Mt. Gox admitted to losing all of its money to cybertheft, Bitcoin site Flexcoin has found itself in the same boat. Also, Japan prepares to regulate Bitcoin as a commodity, and the CEO of Bitcoin exchange First Meta is found dead.
AFP Fraudwatch: AFP Treasury Advisory Group Confronts Cybersecurity
When a group of treasury executives meet nowadays it should come as no surprise that cybersecurity tops the list of conversation topics. That’s what happened when AFP’s Treasury Advisory Group (TAG) met in Washington, D.C.
The Treasury Career Path
Following the financial crisis, the treasury role has been elevated to a higher profile in many organizations. Tighter regulatory measures from the banks have led to challenges in obtaining funding for businesses. Hence the priority role of a treasury professional—funds management and cash flow—has been heightened to a business critical function.
Molding Talent in Treasury
The members of AFP’s Treasury Advisory Group (TAG) met last week in Washington, D.C. Members discussed developing and retaining talent, which has been popular topic of discussion among many treasury and finance professionals at recent events like the AFP Annual Conference and the CTC Corporate Treasurers Forum.
Bitcoin Breakdown: The Demise of Mt. Gox
This week, Mt. Gox files for bankruptcy, admitting that it has lost approximately all of its Bitcoins—or nearly half a billion dollars. Also, researchers discover 146 different types of Bitcoin malware.