Latest News on private equities market

OpenAI Faces FTC Scrutiny Over Consumer Harm Allegations

News | July 13, 2023 The Federal Trade Commission (FTC) has launched an investigation into OpenAI, the maker of the AI chatbot ChatGPT, over allegations that the AI system may have caused harm by publishing false information about individuals. The FTC is investigating OpenAI, maker of ChatGPT, over possible consumer harm.  They are asking OpenAI


The post OpenAI Faces FTC Scrutiny Over Consumer Harm Allegations first appeared on National Crowdfunding & Fintech Association of Canada.

1 year ago

Crypto Crime Falls But Ransomware Persists: 2023 Mid-Year Update

Research | July 13, 2023 2023 Mid-Year Crypto Crime Update from Chainalysis Despite a broad downturn in crypto crime in 2023, ransomware has bucked the trend, extorting an alarming $175.8 million more than the same period in 2022. Cryptocurrency-related crime has significantly decreased in 2023, with inflows to known illicit entities down by 65% compared


The post Crypto Crime Falls But Ransomware Persists: 2023 Mid-Year Update first appeared on National Crowdfunding & Fintech Association of Canada.

1 year ago

What cooling inflation means for your Series I bonds

As inflation cools, investors are weighing whether to buy or sell Series I bonds amid other competitive options for cash. Here's what you need to know.

1 year ago

Court Rules XRP Sales Not Investment Contracts: How the SEC Case Could Reshape Crypto Landscape

News | July 13, 2023 In a landmark ruling in the SEC's case against Ripple Labs, the court has determined that the sale of XRP on exchanges does not constitute investment contracts.  Institutional sales of the tokens violated federal securities laws, but programmatic sales did not, a court ruled. This decision could potentially reshape the


The post Court Rules XRP Sales Not Investment Contracts: How the SEC Case Could Reshape Crypto Landscape first appeared on National Crowdfunding & Fintech Association of Canada.

1 year ago

Other countries don't have an issue with 'tipflation.' Here's how much people tip around the world

Not only are tips getting bigger in the U.S., but Americans also tip for a wider range of services. In other countries, a gratuity is still a small gesture.

1 year ago

Stocks making the biggest moves premarket: Netflix, Roku, SunPower, Beyond Meat and more

These are the stocks posting the largest moves in premarket trading.

1 year ago

Here's the inflation breakdown for June, in one chart

The consumer price index rose 3% in June from a year earlier, signaling a sharp and broad-based pullback in inflation.

1 year ago

Nearly 1.5 million taxpayers are 'leaving money on the table' as key tax deadline nears, advisor says

If you didn't file your 2019 tax return, the deadline to claim your refund is approaching. Here's what to know.

1 year ago

'This fight is not over': What to know about Biden's new plan to forgive student debt

After the Supreme Court nixed President Joe Biden's student loan forgiveness plan, he said his administration would pursue a new path to deliver the relief.

1 year ago

As inflation cools, Social Security beneficiaries may see a much lower cost-of-living adjustment in 2024

Social Security beneficiaries have seen record high cost-of-living adjustments in recent years due to high inflation. But that may end in 2024, experts predict.

1 year ago

Powerball jackpot hits $750 million. If you win, here's the tax bill

If you win the Powerball jackpot, your winnings drop significantly after taxes. Here's what to expect.

1 year ago

Crypto Bill 2.0: Lummis-Gillibrand’s Vision for a Regulated Crypto Future

Coindesk | Jesse Hamilton | Jul 12, 2023 Reintroduction of a crypto oversight bill by Senators Cynthia Lummis and Kirsten Gillibrand, proposing a less prominent role for the U.S. Securities and Exchange Commission (SEC) in crypto regulation. Instead, the bill suggests that the Commodity Futures Trading Commission (CFTC) should oversee crypto exchanges, and stablecoin issuers


The post Crypto Bill 2.0: Lummis-Gillibrand’s Vision for a Regulated Crypto Future first appeared on National Crowdfunding & Fintech Association of Canada.

1 year ago

Blakes: Cybersecurity Trends in Canada: A 2023 Perspective

Blakes | Jul 12, 2023 Blakes has launched its fourth annual Canadian Cybersecurity Trends Study, a comprehensive look at Canada's cybersecurity landscape. The study is divided into four sections, each focusing on a different aspect of cybersecurity, including incident trends, mandatory breach reporting, cybersecurity litigation, and incident preparedness. A few key takeaways from the report


The post Blakes: Cybersecurity Trends in Canada: A 2023 Perspective first appeared on National Crowdfunding & Fintech Association of Canada.

1 year ago

China’s CBDC: Offline Digital Yuan Payments via Super SIM Cards

News | July 12, 2023 The Bank of China is collaborating with China Telecom and China Unicom to integrate its digital yuan app with specialized "super SIM cards" that have near-field communication capabilities.  The Bank of China is pioneering an offline payment system for the digital yuan, China's central bank digital currency (CBDC), using specialized


The post China’s CBDC: Offline Digital Yuan Payments via Super SIM Cards first appeared on National Crowdfunding & Fintech Association of Canada.

1 year ago

Teens with a summer job can capitalize on the ‘greatest money-making asset,’ says expert. Here’s how

Summer jobs let young workers get a feel for earning money. But they can also offer the opportunity for them to start investing.

1 year ago