The Bitcoin Foundation appointed Jim Harper, a former lobbyist for EBay Inc.’s PayPal service, to be global policy counsel as the group seeks to persuade governments to let people use the virtual currency.
Vitro SAB’s defaulted bonds are rallying to a two-month high, a sign to JPMorgan Chase & Co. and BCP Securities LLC to sell the securities because the price overvalues the Mexican glassmaker’s latest debt-restructuring offer by almost 50 percent.
Hackers from the U.S., Russia and Ukraine hawk computer exploits for as much as $300,000 on an underground market fueled by digital currencies like Bitcoin, a report by RAND Corp. and Juniper Networks Inc. shows.
YPF SA, Argentina’s biggest oil producer by market value, plans to return to global markets for the first time in 12 years with the sale of up to $600 million of bonds as the company aims to expand at home and abroad.
Vitro SAB’s defaulted bonds have climbed to a 23-month high on speculation Mexico’s biggest glassmaker will sweeten an offer to restructure $1.2 billion in debt that was rejected by creditors last month.