Big banks are in a rush to figure out what happened after a hack hit a company that handles real estate data for loans and mortgages. The company, SitusAMC, is based in New York and works with about 1, 500 clients. They found out on November 12 that someone had broken into their systems. By November
In June 2024, three men pulled off a bold crypto heist in the UK, making away with $4. 3 million in cryptocurrency. They dressed as delivery drivers, knocked on the door of their target, and forced their way in with a gun. The whole operation was over in a matter of minutes. The thieves knew exactl
Some of the biggest banks in the U. S. are in the spotlight after a cyber attack hit a company they work with. SitusAMC, which helps manage real estate investments, found out about the breach on November 12. They think some client files might have been exposed. These files include financial records
Private companies are stepping up to fill the gap left by the U. S. government's reduced investment in climate science. This shift is creating a boom in the earth intelligence sector, with businesses like Climate X and GHGSat leading the charge. Climate X, a London-based data analytics firm, recent
Most financial content out there isn't really analysis. It's just opinions dressed up in fancy financial terms. Predicting the future is tricky, and most analysis tries to find patterns in what's basically random noise. Humans aren't great at understanding randomness. Even smart people can fool them
The crypto world is feeling a bit shaky. Bitcoin ETFs, which used to be super popular, are now seeing money leave faster than a kid running from homework. This isn't just a small dip; it's a big deal. In the latest trading session, nearly $1 billion was pulled out of Bitcoin ETFs. That's the second
Managing type 1 diabetes in kids is no easy task. But new tech like continuous glucose monitors (CGMs) and insulin pumps is making a difference. The problem? Data from these devices often gets trapped in separate systems. This makes it tough for doctors to get the full story. A recent effort in Ohi
Numerai, a unique hedge fund based in San Francisco, just raised a whopping $30 million in its Series C funding round. This round was led by some big-name university endowments and valued the company at a cool $500 million. That's a huge jump from its 2023 valuation! J. P. Morgan Asset Management a
Finance teams have been doing things the old way for too long. They spend hours on spreadsheets and manual data entry. This makes it hard for them to focus on bigger picture stuff, like guiding the company's strategy. The problem? The tools and skills needed to make this shift were often too expensi
Big things are happening in the world of finance. A hedge fund called Numerai just raised a lot of money. They got $30 million from some serious investors. This includes big university endowments. Now, the company is worth $500 million. That's a huge jump from just a few years ago. Numerai is not y
