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Sam Bankman-Fried Sentenced to 25 Years for Massive Fraud

SBF | March 28, 2024 Sam Bankman-Fried (SBF) was sentenced to 25 years in prison for a massive fraud that led to the collapse of FTX, affecting hundreds of thousands of customers and shaking the confidence in the crypto markets As widely reported (AP News, CNN), the Sam Bankman-Fried (SBF) saga, culminating in a 25-year


The post Sam Bankman-Fried Sentenced to 25 Years for Massive Fraud first appeared on National Crowdfunding & Fintech Association of Canada.

2 weeks ago

I was charged $150 for missing a doctor's appointment. Turns out these fees are on the rise

Missed a doctor's appointment? You could get hit with a "no-show" fee. Here's what experts say about the fairness of such charges, and how to avoid them.

2 weeks ago

Philippines SEC Blocks Binance for Failing to Secure License

Binance | March 27, 2024 Philippines SEC blocks Binance, citing unlicensed operations and investor risk After threatening for months, the Philippines Securities and Exchange Commission (SEC) has now mandated the blocking of Binance for failing to secure the necessary operational licenses.  The ban will be implemented within three months, providing investors with a window to


The post Philippines SEC Blocks Binance for Failing to Secure License first appeared on National Crowdfunding & Fintech Association of Canada.

2 weeks ago

The Most Exciting iGaming Trends To Watch Out for in 2024

March 27, 2024 Canadian iGaming has exploded these last few years. At the pace the development is moving, and with AI as a complimentary tech, it’s safe to say we have more innovation coming in 2024. Most of these, according to specialized finance site eCheckCasinos.ca will touch on fintech and player experiences. A report they


The post The Most Exciting iGaming Trends To Watch Out for in 2024 first appeared on National Crowdfunding & Fintech Association of Canada.

2 weeks ago

Ron Insana's new firm aims to bring AI-powered trade ideas to individual investors

The firm, called iFi AI, launches Wednesday and will use AI models to help generate projected returns for stocks over various time periods.

2 weeks ago

Winning ticket for Mega Millions $1.128 billion jackpot sold in New Jersey — here’s how much the winner will owe in taxes

A single ticket in New Jersey won the $1.128 billion Mega Millions jackpot. Here is how much the winner will owe in taxes.

2 weeks ago

Crypto is ‘like cayenne pepper’ for investors, money manager says: 'A little goes a long way'

Investors who hold cryptocurrency like bitcoin only need to allocate a small share of their money to the digital assets to reap benefits, experts say.

2 weeks ago

4 AML Challenges for 2024 and Beyond

March 26, 2024 Anti-money laundering is an issue plaguing more than just the financial industry. Due to our everyday lives becoming more digitized, it’s easier than ever to participate in financial means. AML regulations exist to regulate and stop fraud, trafficking, tax evasion, and other illegal activities. Unfortunately, implementing regulations is hardly enough to prevent


The post 4 AML Challenges for 2024 and Beyond first appeared on National Crowdfunding & Fintech Association of Canada.

3 weeks ago

Stability AI CEO Resigns to Pursue Decentralized AI

Decentralized AI | March 25, 2024 Stability AIs CEO Jumps Ship:  "Not going to beat centralized AI with centralized AI" As reported in Techcrunch, the CEO of Stability AI, Emad Mostaque, recently resigned from it's mission of centralized AI to a decentralized approach which was deemed a necessity due to the growing concerns over data


The post Stability AI CEO Resigns to Pursue Decentralized AI first appeared on National Crowdfunding & Fintech Association of Canada.

3 weeks ago

BlackRock's Larry Fink sees Social Security crisis, says 65 retirement age 'a bit crazy'

The issue of retirement took center stage in Fink's letter to shareholders.

3 weeks ago

Almost half of voters say student loan forgiveness is a key issue in 2024 election, survey finds

Almost half of all voters say forgiving student loan debt is an important issue in the 2024 presidential and congressional elections, a new survey finds.

3 weeks ago

Women experience a 'motherhood penalty.' For dads, there’s a wage 'bonus'

Often called the “motherhood penalty,” caregiving demands still largely fall on women and have shaped their labor force participation and pay.

3 weeks ago

Binance Executive Escapes from Custody in Nigeria

Crypto | March 26, 2024 Facing Legal Charges, Binance Executive, Nadeem Anjarwalla, Flees Nigeria According to Premium Times and several outlets, Nadeem Anjarwalla, a British-Kenyan Binance executive, escaped from custody in Nigeria after being detained on charges of tax evasion and other offenses.  The Nigerian government has leveled multiple charges against Binance and its executives,


The post Binance Executive Escapes from Custody in Nigeria first appeared on National Crowdfunding & Fintech Association of Canada.

3 weeks ago

From Factories to Frontiers: The Future of Robotics and Automation

The rise of robotics and automation has experienced transformation in recent years. From the early days of mechanization to the current era of artificial intelligence and machine learning, these industries have undergone significant growth and have been shaped by a … Continue reading

3 weeks ago

An 'often overlooked' retirement savings option can lower your tax bill, advisor says. Here's how it works

There's still time to lower your 2023 tax bill or boost your refund with a spousal IRA for married couples. Here's who qualifies.

3 weeks ago