Latest News Of Canada Tag

Kraken up in arms over proposed crypto regulation in Canada

Business 17 May 2019

Kraken up in arms over proposed crypto regulation in Canada

Crypto exchange Kraken has submitted a comprehensive response to the proposed security law framework for cryptocurrencies in Canada.

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Bitfarms crypto mining reviving the economy of small Canadian towns

Business 14 May 2019

Bitfarms crypto mining reviving the economy of small Canadian towns

Bitfarms is trying to write a new narrative about mining firms, and reviving the economy of some towns while at it.

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Canada-listed Hut 8 crypto mining firm suffers $136M in losses

Business 9 May 2019

Canada-listed Hut 8 crypto mining firm suffers $136M in losses

Hut 8 has been forced to rethink its priorities as a result of the losses, with swinging cutbacks needed to manage cash flow throughout the reporting period.

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Blockchain firm Vanbex sues ex-contractor for defamatory statements

Business 3 May 2019

Blockchain firm Vanbex sues ex-contractor for defamatory statements

Vanbex wants to prove that its not a scam, and blames a former employee for making them look like one.

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Canada, Singapore central banks trial cross-border blockchain payments

Business 3 May 2019

Canada, Singapore central banks trial cross-border blockchain payments

The Monetary Authority of Singapore has teamed up with the Bank of Canada, linking their existing experimental blockchain infrastructure to facilitate the pilot transaction.

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Five Canadian banks turn to blockchain for identity verification

Tech 3 May 2019

Five Canadian banks turn to blockchain for identity verification

Five of the top banks Canadian banks are joining together to digitally verify customers using blockchain technology.

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It’s official: Embattled Canadian exchange QuadrigaCX enters bankruptcy

Business 10 April 2019

It’s official: Embattled Canadian exchange QuadrigaCX enters bankruptcy

Canadian cryptocurrency exchange QuadrigaCX has been declared bankrupt following a failed attempt to restructure the firm.

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Canadian mining firm Hut 8 announces second round of layoffs in 2019

Business 5 April 2019

Canadian mining firm Hut 8 announces second round of layoffs in 2019

The bounce in the market didn’t help, and electricity prices kept going up, so Hut 8 had to make deep cuts to its staffing levels, or as they like to call it, streamlining.

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Drug dealer in Canada ordered to forfeit $1.4M in crypto

Business 5 April 2019

Drug dealer in Canada ordered to forfeit $1.4M in crypto

After Matthew Phan was found dealing narcotics online, Canadian law enforcement officers uncovered a large stash of Bitcoin Core (BTC) in a device in his home.

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Ontario town becomes first in Canada to approve crypto for tax

Business 29 March 2019

Ontario town becomes first in Canada to approve crypto for tax

The town of Innisfil in the province of Ontario has become the first municipality in Canada to approve the use of cryptocurrency for taxes.

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‘No law applied’: QuadrigaCX’s former lawyer speaks out

Business 27 March 2019

‘No law applied’: QuadrigaCX’s former lawyer speaks out

A former lawyer for QuadrigaCX has spoken out, telling a story about the better days of the exchange, and what changed to send it down the wrong path.

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New committee seeks to aid lawyers representing QuadrigaCX users

Business 21 March 2019

New committee seeks to aid lawyers representing QuadrigaCX users

The two law firms representing the customers of failed crypto exchange QuadrigaCX have formed a steering committee to help them in the case against the now-shuttered exchange.

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