Canadian teen charged with $50M crypto SIM swap scheme
A Canadian teen has been charged with stealing crypto worth over $50M in a SIM swapping scheme that targeted prominent crypto and blockchain personalities
Latest Canada News
Canadian regulator says securities laws apply to most exchanges
If an exchange isn’t sending you your crypto immediately, then securities laws apply, affording you all the protections that come with it.
Canadian crypto miner Great North Data files for bankruptcy
After several months of battling local complaints about its operation, noise levels, and lack of job creation, Labrador City-based cryptocurrency mining firm Great North Data has shut down.
Canadian crypto miner Hut 8 buys 9 data centers from Bitfury
Canada-based Hut 8 Mining Corp announced the addition of nine Blockbox AC data centers to its mining farm in Drumheller, Alberta, making the facility fully operational.
Bitfarms crypto mining operations face troubles amid internal upheaval
Bitfarms have been going through an upheaval of late as Pierre-Luc Quimper, its president and co-founder, quit in October.
Einstein Exchange only has $33,800 left, over $12M missing
In a story eerily similar to QuadrigaCX, the Einstein Exchange appears to have no money left.
This week in tech: Blockchain strengthens hold in banking, scams face the law
Some of the world’s largest companies including JP Morgan, Nestle, UPS, HSBC, Ant Financial, RBC; all adopted blockchain. And Bitcoin SV celebrated its one year anniversary.
Royal Bank of Canada mulls ‘offering crypto accounts’
One of Canada’s largest retail banks is reportedly developing an account product which would give customers the opportunity to trade in cryptocurrencies directly.
This week in tech: Regulation takes center stage as China delves further into blockchain
China is advancing in blockchain adoption, the U.S. is moving towards regulation, Hong Kong and Turkey are moving closer to launching CBDCs
Regulator seizes control of Canadian crypto exchange on verge of shutting down
The Einstein Exchange has been forcefully shut down by the BC Securities Commission after concerns were raised about its operations by users.
This week in tech: Crypto malware evolves, CBDCs receive boost and more adoption
In an intriguing week, malware evolved, China, Wales and Canada explored CBDCs and blockchain finally hit Broadway, and no, it wasn’t for the ‘Satoshi Musical.’
Gov’t-backed digital currency on Canada’s horizon
The reason for developing this digital currency will be to create a higher degree of control by the Canadian government, according to reports.