Navigating the Future of International Technology
BitcoinBTC$63,195stands to win big thanks to macroeconomic liquidity driven by both the United States and China, traders say. BTC $63,195 In its latest bulletin to Telegram channel subscribers, trading firm QCP Capital joined voices calling for BTC price gains on the back of a “pivotal moment” for markets. Global market “optimism” follows China’s policy easing…
Crypto betting platform Polymarket has received mainstream attention as betting pools on the United States presidential elections have helped the platformsurpass $1 billion in volume. Polymarket allows individuals to anonymously create market betting pools on almost any event, with outcomes determined in a binary “yes” or “no” format. While most users focus on straightforward bets,…
Edmonton-founded artificial intelligence (AI) startup Social Asset Management (SAM), which analyzes open and connected data sources to spot early signals of emerging risks and potentially threatening situations, has raised $3.6 million CAD. “We’ve built a system that can ingest the world’s connected data and spot patterns very early on.” The round was led by Calgary-basedAdventure…
TheBanff Spark Acceleratorfor Women in the Business of Media (Banff Spark), launched by the Banff World Media Festival, has announced its second cohort of women participating in the organization’s entrepreneurial program. Fifty women have been accepted to participate in this cohort. Across the first two cohorts, 46 percent of participants identify as being from diverse…
MediaValet, which offers digital asset management software, has closed $3.5 million in a private placement. MediaValet allows marketers to easily find, use, and share digital assets. The Toronto Stock Exchange-listed company, which used to be a digital production studio, launched in 2010 after findingthat customerswere asking how to store data on the cloud—an emerging technology…
Tugboat Logic, which provides automated tech for the security assurance market, has raised a $10.8 million CAD ($8 million USD) funding round. The round was led by Inovia Capital, with participation from Westwave Capital and several “leading industry investors” such as Tom Noonan, founder of Internet Security Systems (ISS) and partner and co-founder of investor…
For many small businesses, surviving another year is the biggest marker of success. Unfortunately, 50 percent of small businesses fail by year five, showing just how difficult survival can be. Some failures are inevitable, due to market forces, or a lack of working capital. However, many of the reasons why businesses fail are controllable. QuickBooks,…
The Swedish Police Authority and the Financial Intelligence Unit (FIU) have classified cryptocurrency exchanges as “professional money launderers (PML)” following an analysis of services provided by unlicensed and illegal providers. According to the FIU, PMLs have criminal links and enable several individuals and criminal networks to systematically launder money. Based on their analysis of underlying…
Upbit, the largest cryptocurrency exchange in South Korea, has announced that it will change its privacy policy to store user data on United States servers, effective from Oct. 1. The exchange willstoreuser data on Amazon Web Services (AWS) servers in the US to enhance service reliability while addressing privacy and regulatory considerations. Cointelegraph contacted Upbit…
Malicious posts were deleted from OpenAI’s press account on X after hackers gained access on Sept. 23, promoting a suspected phishing link for ChatGPT users to claim “OPENAI” tokens. The attack is the fourth reported OpenAI-related hack on X and at least the fifth cybersecurity incident since January 2023. Users began reporting that the account…