TAAL Distributed Information Technologies Inc. has filed a preliminary short form prospectus in connection with the proposed offering of units of the Company at a price of $4.60 per Unit for minimum gross proceeds of $26.0 million and up to a maximum of $40.0 million.
The Canada-based block reward miner will use the funds to provide a US$2.9 million deposit to purchase 5,400 new Whatsminer M30S ASIC mining machines from MicroBT.
The bankruptcy trustee of failed exchange QuadrigaCX has said it will work to resolve a dispute between creditors before disbursing the firm’s remaining assets.
Canada-based Hive Blockchain Technologies Ltd. announced it exceeded its ASIC capacity goal of 1,000 PH/s through the purchase of 6,400 Canaan AvalonMiner 1246 next-generation miners.
The facility's opening highlights the difference between blockchain infrastructure companies that understand Bitcoin and support its adoption versus companies out to make quick cash.
TAAL’s recently purchased blockchain computers will help provide the required computing power for enterprise clients to achieve business advantages using TAAL transaction processing services.
Jose Angel Aman defrauded investors in Canada and the United States from 2014 to 2019, soliciting them to invest in diamond contracts, authorities said.
Central bank officials have indicated progress has been made on launching a digital currency, citing the pressures of the COVID-19 pandemic as a catalyst.
Industry watchers have noticed that hashrate emanating from North American has been increasing, eroding the centralized collective market share that Chinese competitors once held.
Coinsquare also announced the appointment of new executives as it seeks to move past recent wash trading incidents.
The Canadian Revenue Agency has asked Toronto-based coin exchange Coinsquare for the identity of every one of its clients.