Bitcoin Policy Pushes For UK To Hodl Its 61,000 Bitcoin Holdings
A Bitcoin lobbying group, Bitcoin Policy, has urged the UK government to refrain from selling its substantial holding of over 61,000 bitcoins. The group cites pro-crypto sentiment from influential figures and nations, including Donald Trump, El Salvador, and the United Arab Emirates, as part of their rationale. In a letter sent to the UK’s Chancellor […]
Jasper Fire: “Potentially 30% – 50% Structural Damage” Says Premier Smith
Photos have begun to emerge from Jasper following a massive forest fire that hit the town overnight. Before authorities ceased providing updates late Wednesday night, the fire was said to be moving at up to fifteen metres per second, with flames as much as 400 feet high. Few images have been made available, given that […]
Bitcoin Continues to be the Most Abused Cryptocurrency, Europol Report Finds
In a recent report by Europol, Bitcoin has been identified as the most commonly exploited cryptocurrency by cybercriminals. The Europol Internet Organized Crime Threat Assessment (IOCTA) report for 2024 details how Bitcoin remains the preferred asset for ransomware groups, fraudsters, and money launderers, despite the emergence of privacy-focused coins such as Monero. Bitcoin’s popularity among […]
Plurilock AI Notches Its Fifth Data Quadrant Gold Medal
Plurilock Security Inc. (TSXV: PLUR) has once again proven its mettle by securing a gold medal in Info-Tech’s 2024 Data Quadrant for Cloud Access Security Broker (CASB) solutions.
Canadian Banks in Crisis? Bank of Canada’s Repo Operations Skyrocket to $16 Billion
The Canadian overnight repo operations have seen a significant increase in activity, reaching $16 billion on July 23, 2024. This marks a notable rise from previous days, reflecting ongoing liquidity pressures within the financial system. Overnight repo operations are essential tools used by the Bank of Canada to manage short-term interest rates and ensure adequate […]
Loblaw, George Weston Agree to Massive $500M Settlement Over Bread Price-Fixing Case
Loblaw Companies (TSX: L) and its parent company George Weston (TSX: WN) have agreed to a $500 million settlement over their involvement in a long-standing bread price-fixing conspiracy. This settlement is part of a class-action lawsuit that also includes other major Canadian retailers such as Metro, Walmart Canada, Giant Tiger, and Sobeys. George Weston will contribute […]
Aurora Cannabis Permitted To Expand German Operations
Following in the footsteps of Tilray Brands (TSX: TLRY), Aurora Cannabis (TSX: ACB) has now been granted approval to expand its operations in Germany after the implementation of a new medical cannabis act, known as MedCanG. Aurora has received two licenses from the German regulator responsible for cannabis, which permit continued domestic cultivation, as well […]
Rua Gold To Uplist To TSX Venture Next Week, Closes $8 Million Financing
FULL DISCLOSURE: This is sponsored content for Rua Gold. Rua Gold (CSE: RUA) has received conditional approval to up-list its shares to the TSX Venture. The move, which is expected to expand the firms reach for investors, is expected to take place as of market open on July 29. “The TSXV listing eliminates barriers to […]
Unseen Threat: China’s Commodities Stockpile Could Shake the World
Over the past two decades, China has consumed vast amounts of raw materials to support its growing and wealthier population and its expansive industrial needs. However, despite recent economic challenges and a stated desire to shift away from resource-intensive industries, China’s appetite for commodities has not only persisted but increased. In 2023, China’s imports of […]
Prominent Russian Economist Dies in Fall from Moscow Apartment
Valentina Bondarenko, an esteemed 82-year-old research fellow at the Center for Institutes of Socio-Economic Development at the Institute of Economics of the Russian Academy of Sciences, has passed away. According to law enforcement reports, Bondarenko fell from her apartment window in New Moscow’s Voskresenskoye settlement. The authorities have said that the death does not appear […]