Binance Hack: Hackers Make Off With $40 Million in BTC

According to Bloomberg, major cryptocurrency exchange Binance has suffered another hack. This time the hackers withdrew 7,000 Bitcoin, which values approximately $ 40 million USD. This is the second major breach the exchange has faced, the first being an incident in March 2018. A notorious issue in the crypto-space, hacks have claimed $ 1.7 billion […]

UK Real Unemployment Rate is 5.5 million – Britains Benefits Culture

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Proof of Capital: A New Blockchain Venture Fund Worth $50 Million

A new blockchain-focused venture capital fund called Proof of Capital has been established by a group of investors. The aim of the $ 50 million USD fund is to encourage further adoption of blockchain technology. Blockchain Venture Fund: Proof of Capital The new fund has been founded by three partners: Phil Chen, Chris McCann, and […]

Aura Health Announces Closing of $1.9 Million on the First Tranche of Subscription Receipt Financing

Aura Health Inc. (the “Company” or “Aura”) (CSE:BUZZ) is pleased to announce that it has closed the first tranche (the “First Tranche Closing”) of its previously announced “best efforts” private placement subscription receipt offering (the “Offering”) led by Mackie Research Capital Corporation (the “Lead Agent”), the lead agent and sole book runner, with a syndicate […]

Kalium Receives AU$74 Million in Support of Potash Project

Kalium Lakes (ASX:KLL) is continuing its hot streak after receiving a AU$ 74-million loan package from the Northern Australia Infrastructure Facility (NAIF) on Wednesday (February 20). The loan package is to support the development of Kalium’s Beyondie sulfate of potash (SOP) project in Western Australia, which the company received all necessary licenses and leases for earlier […]

Life Science Big News Roundup: Isodiol Acquires CBD Naturals® Consumer Brands; MediPharm Labs Signs $35 Million Private Label Cannabis Oil Sale Agreement

In case you missed it, here is this week’s life science big news roundup: Biotech: Isodiol International Inc. Acquires CBD Naturals® Consumer Brands, Expands Consumer Package Goods Portfolio and Receives Strategic Funding to Expand U.S. Retail Footprint MediPharm Labs Signs $ 35 Million Private Label Cannabis Oil Sale Agreement with Option for Additional $ 13.5 Million […]

Santander Bank Enters $700 Million Deal to Use IBM Blockchain

According to Cointelegraph, Europe’s Banco Santander and tech behemoth IBM have announced an accord involving the IBM blockchain. The pair signed a $ 700 million USD deal aiming to increase Santander’s technological developments. The news was released yesterday via a press release. IBM Blockchain The deal is a five-year “global technology agreement” that will improve the bank’s […]

QuadrigaCX Can’t Access $190 Million in Crypto After Founder Dies

Around $ 190 million in cryptocurrency has been lost and locked away somewhere online where no one can reach it. What’s to blame? Canada’s largest cryptocurrency exchange, QuadrigaCX. Back in December, the cryptocurrency exchange’s founder perished while in India. According to CoinDesk, a court filing states that the company does not have access to most […]

Aura Health Announces $5 Million Brokered Subscription Receipt Financing

Aura Health Inc. (CSE:BUZZ) is pleased to announce that it has engaged Mackie Research Capital Corporation (the “LeadAgent”) to act as lead agent and sole book runner, along with Haywood Securities Inc., PI Financial Corp., and Foundation Markets Inc. (together with the Lead Agent, the “Agents”) to sell, by way of private placement, on a […]

Cobalt Blockchain Announces Closing of First Tranche of Private Placement for $1.5 Million

Cobalt Blockchain Inc. (“COBC” or the “Company”) (TSXV:COBC; OTCQB: COBCF) is pleased to announce announced that it has today closed the first tranche of its previously announced private placement offering (the “Offering”) through the issuance (on a non-brokered basis) of 4,333,333 units (“Units”) at a price of $ 0.15 per Unit for a gross proceeds of $ 650,000. […]

Asterion Announces $5 Million Private Placement

Asterion Cannabis Inc. (“Asterion” or the “Company”), announces a non-brokered private placement of up to 6,666,667 units (each, a “Unit”) at the price of CAD $ 0.75 per Unit, for aggregate gross proceeds of up to CAD $ 5,000,000 (the “Financing”). Each Unit will consist of one common share in the capital of the Company (each, […]

Viasat WiFi Service Available to Over One Million People across Mexico

Viasat (NASDAQ:VSAT) announced on Wednesday that its WiFi hotspot service is available to more than one million people across Mexico under Conectaless brand. As quoted in the press release: The Community Wi-Fi service uses a centralized Wi-Fi hotspot to connect to a Viasat satellite to deliver internet service to remote communities that previously had little […]

Britain’s Manchurian Prime Minister Scraps Residency Fees for 5 Million Economic Migrants

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Japan’s SBI Group Invests $15 Million in Tangem Crypto Wallet

Announced today, Japanese banking giant SBI Group has invested in Swiss crypto startup Tangem. The company is the creator of a slimline hardware cryptocurrency wallet. SBI Group Invests in Tangem SBI is offering its support to Tangem with a $ 15 million USD investment. It will use the capital to expand into areas such as stablecoins, ICOs, […]

Fusion Wins US$1.2 Million Cloud Solutions Contract

Fusion (NASDAQ:FSNN) announced on Tuesday that it has secured a US$ 1.2 million, three year cloud solutions contract with an lifestyle food brand. The company said that the brand plans to triple in size from its current size of 90 locations within the next few years citing Fusion’s ability to customize the highly specialized communications […]

Canadian Cannabis IPOs Raise Over C$490 Million in 2018

A new report from PwC Canada shows cannabis initial public offerings (IPOs) raised over C$ 491 million across “various exchanges” throughout 2018. On Thursday (January 3), the research agency shared the results of its quarterly IPO survey indicating the total state of the public markets in Canada. “The fourth quarter was pretty respectable when you […]

Cannabis Short Sellers Earned US$432 Million in December

December was profitable for short sellers in the cannabis sector, says a new market report. According to a document from S3 Partners, a financial technology and analytics firm, cannabis shorts made US$ 431.9 million during December, with a direct increase in short interest and shares shorted for one particular stock. Aphria (NYSE:APHA,TSX:APHA) was the only […]

Tech Big News Roundup: EnerDynamic Hybrid Technologies Announces Planned Entry Into Pakistan; NuRAN Receives Purchase Orders of over 1 Million Dollars

In case you missed it, here is this week’s technology big news roundup: Cloud: Wonderfilm’s “Steal the Night” to Begin Filming in January Cleantech: EnerDynamic Hybrid Technologies Announces Planned Entry Into Pakistan With Two Strategic Partners American Manganese Inc. Pilot Plant Ready to Move to Kemetco Testing Facility Mobile: NuRAN Receives Purchase Orders of over $ […]

Alliance and Pharmagreen Estimate the Demand for Cannabis Clones to Exceed 200 Million Annually by 2020

Alliance Growers Corp. (CSE:ACG) (FSE:1LA) (WKN:A2DFYX) (OTCQB:ALGWF) (“Alliance Growers” or “the Company”) estimates that the demand for cannabis starts, or clones required by Medical Cannabis Licensed Growers, based on existing operations and considering their expansion plans, could exceed 200 million annually by 2020. Alliance Growers is pleased to announce amended payment terms with WFS Pharmagreen Inc. […]

Brasher: Doubloon worth $5-$10 million worth seeing

The legendary Brasher doubloon will lead a display of eight significant American rarities Jan. 31-Feb. 2, 2019, at the Long Beach Coin, Currency, Stamp and Sports Collectible Expo. It is a $ 5 million item. It sold in a private treaty transaction in early 2018 to an anonymous buyer. The last public auction of the […]

Teligent Executes $120 Million Financing Agreement

Teligent (NASDAQ:TLGT) announced today that on December 13, 2018 the Company entered into a definitive first lien revolving credit agreement with ACF Finco I LP, a limited partnership affiliated with Ares Management Corporation, as administrative agent, and the lenders party thereto and a definitive second lien credit agreement with Ares Capital Corporation, as administrative agent, and […]

Blockchain Start-Up Orbs Raises $15 Million With Kakao’s Help

South Korean app provider, Kakao, has helped to raise over $ 15 million in cryptocurrency for Orbs, a hybrid blockchain platform. Orbs Blockchain Raises $ 15 Million Kakao joined the fundraising venture through its investment arm because it “always seeks to invest and support innovative startups and Orbs is a good example.” It also builds […]

Crypto Users Increased to 35 Million in 2018: What Will 2019 Bring?

As we approach the new year, it’s time to reflect on all that happened in 2018. In the cryptocurrency sector, there were a few ups and downs, more so than in 2017, the year the crypto boom took flight. But while various companies (and coins) had their share of plunges, the number of crypto users […]

US$930 Million in Crypto Stolen in First 3 Quarters, Report Says

Cryptocurrency theft has reached a staggering near US$ 930 million so far this year, a report from CipherTrace Cryptocurrency Intelligence has revealed. The report claims that while cryptocurrency theft from exchanges and platform layers continue posing problems, it is at a “slightly evolved form” from the firm’s Q2 report. CipherTrace said in its Q2 report, […]

Gogo Announces Closing of $238 Million Convertible Notes Offering

Gogo (NASDAQ:GOGO) announced the closing of its US$ 238 million offering of six percent convertible senior notes due in May 2022. The company engaged in inflight broadband connectivity products and services for aviation said that under the terms of the transaction, it extended the maturity of US$ 200 million its outstanding convertible notes from March […]

LottoGopher Holdings Closes Over-Subscribed Private Placement of CAD$1.5 Million

LottoGopher Holdings Inc. (CSE: LOTO) (OTCQB: LTTGF) (FSE: 2LG) (“LottoGopher” or the “Company”) today announces the final closing of the previously announced financing (refer to news release dated May 31, 2018) (the “Offering”). The Company closed more than the targeted maximum, raising gross proceeds of CAD$ 1,518,625 at $ 0.075 per common share through the issuance […]