Bitcoin wallet company Flexcoin under investigation by Canadian police

By Reuters News — 2 years ago

Canadian police have launched an investigation after online bitcoin bank Flexcoin, which closed its virtual doors this week, said that it had lost about $600,000 worth of the digital currency in a hacker attack, Reuters reported. Flexcoin’s demise followed the collapse of Mt. Gox, once the world’s dominant bitcoin exchange, which filed for bankruptcy last week.


CalPERS Gets Itself a New CFO: Cheryl Eason

By Connie Loizos — 3 years ago

The California Public Employees’ Retirement System (CalPERS) has named Cheryl Eason as its CFO, a newly created position to oversee the financial and risk management operations of the $243 billion pension fund. Eason was most recently a VP for the British Columbia Pension Corporation, one of the largest pension benefit administrators in Canada, and the largest in British Columbia.


Canada Gives Seed Money To Three Startups

By Mark Boslet — 4 years ago

The government of Canada said it gave $1,947,250 in seed money to three Ottawa-area startups: Toushay Inc.;  Protecode Inc.; and Benbria Corp. PRESS RELEASE Government of Canada Invests in Innovation, Jobs and Growth in Ottawa OTTAWA, ONTARIO – May 7, 2012 – The Honourable Gordon O’Connor, Minister of State and Member of Parliament for Carleton-Mississippi […]


Investors Poured 7x More Capital into Canadian VC Funds in Q3: Report

By Reuters News — 4 years ago

(Reuters) – Canadian venture capital funds raised C$365 million ($356.8 million) in the third quarter, more than seven times the C$47 million they raised in Q3 2010, according to a new report from the Canadian Venture Capital and Private Equity Association (CVCA). Fundraising for the first nine months of this year totaled C$739 million, just below […]