FinTech and Funding Conference Coming to Toronto

The Conference will bring together 50 speakers, 12 pitching companies, and a multitude of networking and partnership opportunities
02 March 2018   430

The Fintech and Funding Conference will take place in Toronto, Canada, on March 5 - 6, 2018, focusing on blockchain, cryptocurrency, funding and fintech innovation through world-class education, workshops, and networking.

As it is stated on the official website of the event, this year’s theme VELOCITY explores the speed of innovation, adoption and scaling blockchain technologies, cryptocurrency and alternative investing markets featuring more than 50 speakers, 12 pitching companies, and a multitude of networking and partnership opportunities.

Date: March 5-6, 2018
Day 1: Full day at the historic Design Exchange (234 Bay Street, Toronto)
Day 2: Half day at Dentons Canada LLP (77 King Street West, Suite 400, Toronto)
Tickets: $50 – $450

FFCON18 will bring together fintech leaders, investors and emerging innovators from start-ups to scale-ups to government regulatory bodies and agencies who have a vision for the future of finance.

Lou Kerner, co-founder and Partner at CryptoOracle.io will speak on the Future of Bitcoin and Crypto; Diana Adachi, CEO at Pegasus Fintech Inc., will touch upon the exponential Value Inherent in Blockchain and Its Transformative Potential; Sheldon Pollack, chairman at Ov2 Capital, will talk on scaling Fast and Defining New Industries.

Japan to Tighten Regulation Due to Zaif Hack

$ 62 000 000 worth cryptocurrency was stolen from the Zaif exchange few weeks ago
25 September 2018   83

Hacking of Zaif exchange is the reason for toughening control over the market by the financial regulator of Japan, Reuters reports.

The first measure taken was administrative sanctions against the exchange and its operator Tech Bureau Corp. The Financial Services Agency (FSA) has expanded the list of requirements for the latter, pointing out the need to identify preventive measures and search for the organizers of the theft.

Shortly before that, researchers of the Japanese financial company Tech Bureau Corp could not provide details of the theft of $ 62 million from the Zaif crypto exchange at the request of the FSA. The Osaka-based operator had to investigate the causes, consequences of the theft and options for compensating the victims. According to the Agency, the financial company could not cope with the task.

According to the Tech Bureau, the exchange was hacked on September 14 within a few hours. The problem with the server was discovered by the site staff on 17 September. Official confirmation of the incident and notification of the authorities was made only a day later.

Recall, the theft of $ 60 million from the Japanese stock exchange Zaif caused a surge of volatility of bitcoin. For a short time the price was able to overcome the distance of $ 400.