Digital currency fraud in Canada up 400%, police say
Digital currency scams have varied over the years, ranging from those targeting victims’ greed such as “double-your-money” scams to those targeting intimidation such as extortion scams.
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TAAL announces closing of $40.0 million public offering
Pursuant to the Offering, the Company issued 8,695,652 Units at a price of $4.60 per Unit for aggregate gross proceeds of approximately $40.0 million.
TAAL announces marketed public offering of up to $40 million
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.
Hut 8 completes $11.8M financing for new ASIC mining rigs
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.
QuadrigaCX trustee seeks resolution between digital currency, fiat creditors
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.
Hive Blockchain ramps up hardware inventory
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.
TAAL completes phase 1 rollout of blockchain computer power at Alberta facility
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 announces successful first phase deployment of blockchain computer power at Alberta facility
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.
Argyle Coin founder involved in $25M scam gets 7 years in jail
Jose Angel Aman defrauded investors in Canada and the United States from 2014 to 2019, soliciting them to invest in diamond contracts, authorities said.
Bank of Canada ready to move ‘sooner than expected’ on digital dollar
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.
US emerging as block reward mining powerhouse
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 files to become Canada’s first regulated digital asset marketplace
Coinsquare also announced the appointment of new executives as it seeks to move past recent wash trading incidents.