
Canada
Bank of Canada reveals CBDC plans with new job posting
The Bank of Canada has put up a job posting for a project manager for its CBDC project. The posting...
QuadrigaCX fraud not CEO’s death led to loss of $169M in user funds
The digital currency exchange’s downfall ‘resulted from fraud’ committed by CEO Gerald Cotton, according to Ontario regulator.
Canada law recognizes digital currency firms as money services
On June 1, the amendments made to Canada’s Proceeds of Crime (Money Laundering) and Terrorist Financing Act were made effective.
HyperBlock shutting down amid poor BTC market
Toronto-based HyperBlock Inc. declared that its 20-megawatt data center near Missoula is offline, and all block reward mining operations have...
17,000 QuadrigaCX users have filed claims, but it could take years
According to EY, close to 17,000 people have filed claims for refunds from QuadrigaCX. However, with the Canadian taxman in...
Hut 8 reports increased revenue in 2019
The surge in earning results are primarily because of two major operational expansions that increased petahash capacity by 19.6%.