Hype Surrounding Cannabis Stocks Comparable To Crypto Craze, Shows Tilray’s Case

Tilray Inc. investors is a Canadian maker of medicinal cannabis extracts saw a huge rise in its shares throughout this year. On Wednesday, the shares of the firm rose by 38% while the peak increase during the day was 94%. The shares came to rest finally at $300. The huge increase in the share price…

$59 Million Worth Of Crypto Currency Hacked From A Japanese Exchange

About $60 million worth of crypto currency (6.7 billion yen) has been stolen once against from another Japan based crypto currency exchange after it was hacked. The exchange lost 5,966 bitcoins was among the hacked crypto currencies. The Tech Bureau operates the exchange which is called the Zaif. The exchange said in a statement on…

Australian Securities & Investments Commission cracks down on ICOs

While startups, across the globe, have raised millions of dollars online through ICOs, often with little more than a handful of employees, given the high risks faced by investors from such ventures, regulators are increasingly putting ICOs under the scanner. On Thursday, the Australian Securities & Investments Commission (ASIC), Australia’s corporate watchdog, stated it was…

Elon Musk Tweets Results In U.S. Criminal Probe Against Tesla

According to media reports quoting sources, the United States Justice Department is investigating the electric car maker Tesla Inc. over the statements that gad been made by the Chief Executive Officer of the company Elon Musk. Sources also reportedly said that this criminal probe is being conducted in addition to the already reported civil investigation by…

Leaked Document Reveals Stance Of Tech Companies On Possible New EU Climate Targets

Some of the United States based tech giants such as Facebook, Google and Microsoft have been found to be attached to a proposal by a lobby group that sternly opposes an attempt by the European Union to set for itself more ambitious goals for climate change. According to media reports quoting a leaked document illustrates…