News > All

Canadian Crypto Exchange Mistakenly Moved Additional Bitcoin into Wallet it Can't Access
In its first report looking into what happened to the money that shuttered Canadian crypto exchange QuadrigaCX owes its investors, advisory firm Ernst & Young has found that an additional 103 bitcoin valued at C$468,675 ($354,300) were moved on Feb. 6 to a cold wallet protected by a password only its founder - who died in December - knew. Quadriga
ProChain Capital Posted Gains… Thanks To Its Crypto Longs
Blockchain
Here’s something we weren’t expecting. The big story about cryptocurrencies for about the last year has been their tumbling prices, but then December hit, bringing a bear market down hard on the stock market. Today the bitcoin price continues to struggle, falling to its lowest level in six weeks. It was exceptionally difficult for equity-focused funds to post gains for
Do Convertible Securities Have a Role to Play in 2019?
Last week, a well-known, large US-based asset management firm decided to close its convertible securities fund, citing the fund’s inability to “gain broad acceptance” among some investors and, as part of a review of its products and offerings, “eliminating funds that lack a distinct role.” Following this announcement, the Invesco Convertible Securities Team has fielded several questions about our view
EmTech Asia Explores Tech’s Impact on Life and the World Around Us
Organized by the MIT Technology Review and Koelnmesse Pte Ltd, the sixth annual EmTech Asia conference opened its doors at the Marina Bay Sands last month and drew a crowd of over 700 participants from over 30 countries. Taglined “Discover the Emerging Technologies that will Change the World”, EmTech Asia 2019 attendees heard from 50 of the world’s most influential
Trump Signs Executive Order Promoting the Development and Regulation of AI in the U.S.
President Trump signed an executive order on Feb. 11 that seeks to boost the development of artificial intelligence and develop a regulatory framework for the burgeoning technology. Trump's order comes amid ongoing calls for the White House to take a leadership role in promoting AI, with some fearing that the U.S. was falling behind China in developing the technology. Trump's
4 Questions That Entrepreneurs Must Ask Themselves
Every entrepreneur knows that as soon as you’ve cleared a hurdle and are celebrating a success, a new challenge arises. My good friend and Okta CFO Bill Losch sounds like a broken record every January when he tells me: “Freddy, now this is going to be our most important year yet.” He’s right, and he reinforces a message I’ve shared
Understanding the Brexit Quandary
While investors should be cognizant of the complexities and risks around Brexit, they should be just as aware of the opportunities in select U.K.-based businesses. How should an investor position for Brexit? As the end-March deadline approaches for the U.K. to leave the European Union with or without a “withdrawal agreement,” markets have been increasingly on edge. There doesn’t seem
SoftBank Invests $940M in an Autonomous Delivery Startup
Okay, so maybe SoftBank's massive Vision Fund isn't actually low on cash after all. SoftBank Chief Executive Masayoshi Son - who has never been shy about making big, splashy bets - has just made another one: SoftBank is investing a staggering $940 million through its Vision Fund in Nuro, a robotic-delivery startup, as the Wall Street Journal reported and Nuro
How IBM Watson Plays in the Fintech Space
Benzinga's Fintech Focus Podcast features conversations with the biggest names in fintech. Subscribe to the Fintech Focus newsletter to get a roundup of industry news delivered to your inbox weekly, and check out upcoming programming at Benzinga events. The Fintech Focus podcast takes a look at the burgeoning world of fintech—as per usual—but through another lens. Typically, when people think
Financial Stability in Abnormal Times
Despite improvements in the financial system since the 2008 crisis, the piecemeal reforms that have been enacted fall far short of what is needed. And an inexorably growing financial system, combined with an increasingly toxic political environment, means that the next major financial crisis may come sooner than you think. CAMBRIDGE – A decade on from the 2008 global financial