Alleged hack forces Canadian crypto exchange to go offline
MapleChange claimed a bug was the reason for the alleged hack, and said it has to close down even its social media accounts “because we have no more funds to pay anyone back.”
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Canada Cannabis trade to be tracked by blockchain
With Canada legalizing cannabis, DMG Blockchain Solutions said it was creating a blockchain-based supply chain management platform for the industry.
QuadrigaCX sees over $20M frozen as Canada’s ‘banking cartel’ steps up crypto attacks
In the latest example of banks taking exception to promising crypto businesses, press reports have revealed that Vancouver-based QuadrigaCX has been facing a freeze on assets worth as much as CAD28 million.
Coinsquare partners with Canadian bank
The crypto trading platform Coinsquare announced the new partnership with one of Canada’s “Big 5” banks, an example of a partnership between a financial institution and a crypto company in Canada.
Canadian crypto fund increases options for personal finance
First Block Capital Inc. announced that its FBC Bitcoin Trust has “achieved mutual fund trust status,” eligible for tax-free and retirement accounts.
Kraken shoots down rumors it’s closing Canada offices
Cryptocurrency exchange Kraken has denied rumors that it is shutting down its operations in Halifax, Canada, in response to an alleged security breach.
Canada postpones plans for crypto regulation until late 2019
Canada’s government has postponed plans for new regulations around cryptocurrency and blockchain technology, with final proposals not due to be published until late 2019.
Canada’s Coinsquare crypto exchange ready to test European waters
Coinsquare, considered the biggest crypto trading service in Canada, announced its plans to test the European waters by the fourth quarter of 2018.
DMG starts construction of 85MW crypto mining facility in Canada
DMG Blockchain Solutions, a cryptocurrency mining company out of Canada, has announced that it has begun installing a total of 85MW substation for its mining operations.
Quebec wants crypto miners to pay more for electricity
Régie de l’énergie approved Hydro-Quebec's proposal to have cryptocurrency miners pay CAD0.15 per kilowatt-hour, which is double the price that residential and other utility customers are required to pay.
Bitfury-backed crypto miner Hut 8 boosts operating capacity to 66.7MW
Hut 8, a cryptocurrency mining company, just cut the ribbon on its second facility in Canada, making the company now the second largest mining outfit in the world by capacity.
Canada legalizes recreational marijuana
Canada becomes only the second country (after Uruguay) to legalize recreational marijuana use, ending nearly a century of nonsensical prohibition.