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Bitcoin Mining Firm Hut 8 Lays Off More Employees
Hut 8, a Canadian Bitcoin mining firm has laid off more employees, citing poor revenue figures due to the prolonged cryptocurrency bear market of 2018. The Canadian Broadcasting Corporation (CBC) reports that it is the second round of staff cuts, following layoffs earlier in January 2019, as the company reportedly attempts to streamline its operationsRead MoreRead More. дальше »
2019-4-7 15:00 | |
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In Fourth Report, QuadrigaCX Court Monitor Recommends Bankruptcy Proceedings
QuadrigaCX monitor Ernst & Young suspects that the beleaguered exchange’s late CEO, Gerald Cotten, may have been financing personal expenditures with company funds, and it is now recommending that the assets in Cotten’s estate be placed under a preservation order. дальше »
2019-4-3 01:19 | |
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ICO Promoter of Vanbex Faces Police Probe in Light of Massive $22 Million Blockchain Scandal
As part of their latest investigative efforts, Canadian law enforcement authorities have frozen the assets owned by the founders of blockchain services company Vanbex. These efforts are in line with the probes that have been carried out by the government agency since 2017— when the aforementioned firm was able to raise a whopping $22 million […] дальше »
2019-4-1 18:05 | |
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After QuadrigaCX: New Regulations for Canadian Exchanges Are in the Works
As anxiety grows around every new twist and turn in the ongoing QuadrigaCX drama, along with extensive QuadrigaCX media coverage, Canada’s mainstream media has been calling on the government to bring in better oversight and regulation of cryptocurrency businesses, especially cryptocurrency exchanges. дальше »
2019-3-20 18:42 | |
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Hackers who stole $150,000 from buggy Bitcoin ATMs still at large
Yesterday, Toronto police issued a statement requesting public help to locate four men suspected of carrying out a string of Bitcoin scams across Canada. Late last year, the Calgary police service received information relating to numerous fraudulent transactions made at Bitcoin ATMs that specifically target one Canadian Bitcoin company. дальше »
2019-3-14 12:23 | |
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$200k Bitcoin Fraud: Four Suspects Sought by Calgary Police
Canadian police are on the hunt for four individuals, suspected of a defrauding a local bitcoin company via “double spend” attacks on Bitcoin ATMs. CBC News reported March 12, 2019, that law enforcement officials are asking for useful information from the public leading to the arrest of the suspects. дальше »
2019-3-14 02:00 | |
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After QuadrigaCX Fiasco, Another Shady Bitcoin Exchange Surfaces in Canada
A Canada-based company is luring people into investing in overly attractive bitcoin investment plans. The Canadian securities regulators of the British Columbia Securities Commission (BCSC) today issued a warning against Canada Bitcoin Exchange Inc. дальше »
2019-3-13 19:05 | |
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Cannabis Stock Short Sellers are Getting Smoked, Lose $1.7 Billion in 2019
It’s been a great year for cannabis stock investors, but cannabis short sellers are getting burned. Not only are short sellers enduring heavy paper losses as cannabis share prices surge higher, a new report by financial technology and analytics firm S3 Partners suggests the fees to maintain open short positions are on the rise. дальше »
2019-3-13 20:33 | |
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CipherTrace CEO Qualified by the Canadian Court As the First-ever Bitcoin Expert Witness
Dave Jevans, the CEO of blockchain security company CipherTrace testified in a Canadian Court as the first-ever qualified Bitcoin expert witness; the firm released the details of the court case on March 6. дальше »
2019-3-10 16:29 | |
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A First for Everything: Canadian Court Certified a Bitcoin Expert
CipherTrace, a blockchain security company, announced today that its CEO, Dave Jevans, has been certified by a Canadian criminal court as an expert witness. Jevans testified against Matthew Phan, a drug dealer convicted for trafficking in drugs and weapons on the dark web. дальше »
2019-3-7 01:53 | |
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Canadian Police Call Bitcoin Expert Witness In $1.4 Million BTC Case
CipherTrace, a blockchain forensics company, makes headlines today for its role in the seizure of $1. 4 million in bitcoins that may have been destined for illicit usage. In the resulting court case, David Jevans, CEO of CipherTrace was called upon to serve as the first ever Bitcoin expert witness. дальше »
2019-3-6 19:18 | |
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As Court Reconvenes for QuadrigaCX, Questions Surround Empty Cold Wallets
As QuadrigaCX’s legal counsel descends on the courtroom in Halifax, Nova Scotia, for another round of legal proceedings, the court monitor’s third report on QuadrigaCX’s finances — specifically its revelation that the exchange’s cold wallets are empty — lays out some hopeful avenues for fund recovery — and some frustrating dead ends. дальше »
2019-3-5 20:20 | |
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NASDAQ of Pot Stocks Grows Money 1600% More Than S&P 500
The biggest U. S. and Canadian marijuana stocks have been on a wild ride over the last two years, but their share prices are getting pretty high. In October 2017, the Marijuana Index (think of it as the NASDAQ of marijuana stocks) started growing like a weed from $113 on Oct 26, 2017 to $363 by Jan 23, 2018. дальше »
2019-3-1 23:53 | |
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NASDAQ of Pot Stocks Grows Money 16,000% More Than S&P 500
The biggest U. S. and Canadian marijuana stocks have been on a wild ride over the last two years, but their share prices are getting pretty high. In October 2017, the Marijuana Index (think of it as the NASDAQ of marijuana stocks) started growing like a weed from $113 on Oct 26, 2017 to $363 by Jan 23, 2018. дальше »
2019-3-1 23:53 | |
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QuadrigaCX and the Million Dollar Questions: What We Do and Don’t Know
QuadrigaCX Exchange’s founder, Gerald Cotten, passed away more than two months ago, and with his death, the keys to the exchange’s cold storage allegedly went to the grave with him. дальше »
2019-2-26 22:21 | |
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Judge Chooses Representative Counsel for QuadrigaCX Creditors
Justice Wood has appointed legal counsel to represent some 115,000 creditors in incipient legal proceedings against seemingly insolvent cryptocurrency exchange QuadrigaCX, documents published today, February 19, 2019, from the Halifax, Nova Scotia court reveal. дальше »
2019-2-20 00:52 | |
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Canadian Crypto Startup Coinsquare Acquires StellarX After Layoff
While the value of Bitcoin screams crypto winter, industry upstarts have continued to put one foot in front of the other, making notable developmental strides. One of Canada’s leading crypto platforms (no it’s not QuadrigaCX), Coinsquare, made a promising acquisition, as the Toronto-based company continues to bolster its offerings at an unmatched pace. дальше »
2019-2-18 21:00 | |
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Did the Founder of QuadrigaCX Place His Private Keys in a Safety Deposit Box?
QuadrigaCX, a Canadian crypto exchange, has been receiving a great deal of heat lately for lost funds. And worse yet, it could be the case that the company’s deceased founder may have stored the exchange’s private keys in a safety deposit box. дальше »
2019-2-17 04:39 | |
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QuadrigaCX CEO Widow Sells Estate Assets, Reportedly Places Others in Trust
Jennifer Robertson, the widow of the late QuadrigaCX exchange CEO, appears to be liquidating and shuffling some estate assets. When QuadrigaCX founder and CEO Gerald Cotten passed away suddenly in December of 2018 in India, he was allegedly the only person with the knowledge of the exchange’s cold storage keys. дальше »
2019-2-15 22:06 | |
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Judge Delays Decision to Appoint Legal Counsel for QuadrigaCX Creditors
A group of lawyers from some of Canada’s top law firms convened in a court in Halifax, Nova Scotia, today to secure the right to represent creditors in the ongoing QuadrigaCX litigation. дальше »
2019-2-15 01:45 | |
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QuadrigaCX Sent Deposits Allegedly Linked to CEO’s Widow, Mailed Withdrawals in Cash
For those QuadrigaCX users who were fortunate enough to have withdrawal requests honored, some appear to have received their funds through unconventional means. An anonymous QuadrigaCX user who corresponded with Bitcoin Magazine said that they received a bank deposit from Robertson Nova Consulting Inc. дальше »
2019-2-15 20:28 | |
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First QuadrigaCX Monitor Report: $460k in BTC “Inadvertently” Sent to Cold Wallet
According to the latest court documents in the ongoing QuadrigaCX case, the exchange sent roughly $470,000 CAD (approximately $355, 000 USD) worth of bitcoin from a hot wallet to a cold-storage wallet on February 6, 2019. дальше »
2019-2-13 03:56 | |
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Crypto Broker Voyager Digital Lists on Canada’s TSX Venture Exchange
Canadian crypto asset broker Voyager Digital Ltd has started trading its shares on the Toronto Ventures Exchange (TSX. V). The company listed through a reverse takeover of mineral exploration company UC Resources. дальше »
2019-2-12 21:21 | |
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Controversial Crypto Exchange QuadrigaCX Linked in Binary Options Scam
Independent researchers have identified financial links between crypto exchange QuadrigaCX and a shady company. The accusation surfaced after Spoofy McSpoofface, a Twitterati, found that the Canadian exchange had asked its customers to deposit money into a bank account owned by Hong Kong-based Valoris HK Ltd. дальше »
2019-2-12 16:00 | |
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What Is the Kin Ecosystem? Introduction to Kik’s KIN Token
What Is Kin? Kin is a blockchain-based ecosystem originally built on top of the Ethereum platform. It was developed by Canadian instant messenger company Kik Interactive to support microtransactions through its Kik Messenger platform. дальше »
2019-2-10 20:57 | |
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Coinsquare Announces Major Layoff, More Than 40 People Affected
On February 2, 2018, Coinsquare Head of Talent Martin Hauck posted a message on LinkedIn, explaining that the company had to let go approximately 40 of its’ employees due to difficulties the company faced in recent months. дальше »
2019-2-8 00:00 | |
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Blockstream Open Sources Development of Its Proof of Reserves Tool
On February 4, 2019, blockchain tech company Blockstream announced the development of a “proof of reserves” tool to standardize the authenticity of exchanges’ crypto reserves. дальше »
2019-2-7 01:01 | |
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CEO of Crypto Exchange Quadriga Filed Will 12 Days Before his Death
The CEO and founder of the Canadian crypto exchange QuadrigaCX reportedly signed his last will and testament just days before his death. Gerard Cotten passed away in December last year in India and apparently neglected to leave copies of the exchange platform’s cold-storage access, leaving the company and its customers out of pocket. дальше »
2019-2-7 00:00 | |
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QuadrigaCX Gets Temporary Reprieve From Creditors as $180M ‘Floating Around’
QuadrigaCX, the embattled Canadian Bitcoin exchange, yesterday obtained a temporary reprieve from its creditors. Meanwhile, the matter of the over $260 million worth of “lost” cryptocurrencies “held” by the exchange remains unresolved with conflicting details emerging from various sources. дальше »
2019-2-6 16:00 | |
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Lawyers May Sell QuadrigaCX To Amend $150M Bitcoin (BTC), Crypto Debts
Canadian Crypto Exchange In Crisis The QuadrigaCX saga, nay, imbroglio has only continued for the umpteenth consecutive week. After reports arose that the company owed upwards of $150 million worth of Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), along with other leading cryptocurrencies and millions in Canadian dollars, local media claims that the Vancouver, British Columbia-based […] The post Lawyers May Sell QuadrigaCX To Amend $150M Bitcoin (BTC), Crypto Debts appeared first on Ethereum World News. дальше »
2019-2-5 21:30 | |
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Notorious Bitcoin Exchange QuadrigaCX May be Sold to Compensate Crypto Victims for $150m Loss
When QuadrigaCX announced last month that CEO Gerald Cotten had suddenly died and roughly $150 million in cryptocurrency ($180 million Canadian) was inaccessible as a result, the crypto world went nuts. дальше »
2019-2-5 20:35 | |
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Living on Bitcoin for a Week in San Francisco
When I decided, maybe against my better judgement, to live on bitcoin for a week, the plan was met by a combination of cautions and jokes from friends and loved ones: “Just don’t starve,” “Well, it’s the New Year, a perfect time to start a new diet,” “Will you be able to eat?”, “Have you really thought about it?”I had “really” thought about it and it seemed not only sensible but necessary. дальше »
2019-2-5 23:06 | |
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Canadian Crypto Exchange QuadrigaCX Owes $190 Million To Customers Per New Court Filings
The Canadian crypto exchange QuadrigaCX seems to be deep in trouble now. According to a new court filing from the company, QuadrigaCX currently owes $190 million USD to its customers at the moment. The situation is even worse than it looks, it seems, as the company can’t access most of the funds at the time. […] дальше »
2019-2-2 16:44 | |
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This Pot Stock Just Surged 90% for the Stupidest Reason Ever
More than three dozen cannabis companies applied for the POT symbol on the Canadian Securities Exchange after it became available this week. Potash Corporation relinquished the symbol, and so many Canadian companies wanted it that the CSE ran a first-ever random lottery for the symbol. дальше »
2019-2-2 22:50 | |
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Canadian Crypto Exchange Has Lost Access to its Cold Storage
Customers foolish enough to leave funds at the Canadian crypto exchange QuadrigaCX have a lot to be worried about. According to a post by the company’s board of directors, the platform has lost access to the digital assets it held in cold storage. дальше »
2019-2-1 02:00 | |
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The Future of the ICO Hangs in the Balance
The US Securities and Exchange Commission took a fairly harsh view on ICOs, judging almost all to be undeclared securities. But isn’t that response just reactionary, over-broad and perhaps even a little bit lazy? Canadian messaging company, Kik, are fighting back, and the industry as a whole should be glad that they are. дальше »
2019-1-29 12:00 | |
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Kin Founder Kiks Back at SEC
Ted Livingston, founder of the popular Canadian messaging app Kik, has tried not to tangle with regulators, at least until now. He responded to Canada’s murky regulatory framework by blocking residents of his home country from participating in the company’s ICO. дальше »
2019-1-29 22:34 | |
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Jamaica Stock Exchange (JSE) Takes Kind to Notion of Listing Security Tokens as Tradeable Assets
The Jamaica Stock Exchange (JSE) could start to list security tokens for clients. The information was released by the Canadian company Blockstation that is currently working with the JSE. According to Marlene Street Forrest, the JSE’s managing director explained that the first tests were very positive in terms of performance. At the same time, she […] дальше »
2019-1-26 17:21 | |
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Jamaica Stock Exchange Plans to List Security Tokens
The Jamaica Stock Exchange (JSE) is to list security tokens as tradable assets after completing a 60-day live trading pilot with Canadian blockchain company Blockstation. The JSE joins a growing list of stock exchanges in parts of the world that have started to offer similar services, including trade of common cryptocurrencies like bitcoin core. дальше »
2019-1-25 03:50 | |
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BitMEX Shuts Down US and Quebec Traders Accounts After Canadian AMF Sends Letter
It looks like the future of BitMEX in North America is bleak. The Block Crypto has recently reported that BitMEX, which is a trading platform that was created to facilitate futures trading with cryptos (mostly Bitcoin) has been on the target of financial regulators from Canada. This has made the company close the accounts in […] дальше »
2019-1-15 19:25 | |
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Canada’s First All-Crypto Legal Firm Opens Its Doors to Global Clientele
Technology lawyer Addison Cameron-Huff launched his new, Toronto-based, all-crypto legal firm on January 3, 2019, Bitcoin’s 10th anniversary, as a statement of his commitment to working for and promoting Bitcoin and cryptocurrency-based businesses. дальше »
2019-1-11 21:17 | |
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Blockchain startup Zwoop collapses following cancellation of ICO
VC-backed cryptocurrency startup Zwoop has gone into administration. According to an exclusive report by The Telegraph’s James Cook, the company’s board of directors filed for administration at the end of November last year. дальше »
2019-1-11 17:07 | |
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Ubisoft moves to the Epic Store – here’s what that means
With the release of The Division 2, Ubisoft is officially jumping ship. After having a relatively cozy relationship with Valve’s industry standard, Steam, the Canadian company is now moving to Epic’s newly-launched storefront. дальше »
2019-1-11 23:11 | |
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Alternative Investment Firm Regal Assets Expands Crypto Reach to Canada
Regal Assets is one of North America’s most trusted alternative investment firms. The company has recently announced it was expanding its service to support Registered Retirement Savings Plan (RRSP) for Tax-Free Savings Account (TFSA) Canadian investors According to reports, Regal Assets, a firm that specializes in offering alternative investment services for retirement account holders, has officially announced it was opening. дальше »
2019-1-10 04:00 | |
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New Shakepay Feature Turns Your Spare Change Into Bitcoin
Mobile cryptocurrency exchange and peer-to-peer wallet Shakepay has announced a new product that allows its Canadian customers to buy bitcoin with spare change. Dubbed "ShakePay Change," the pre-launch of the service was announced in a Medium post. дальше »
2018-12-18 02:32 | |
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University of Oxford Suggests Legal Recourse Could Change Outcome of Crypto Transactions
A blog post published by the University of Oxford Faculty of Law has suggested that victims of a cryptocurrency theft and fraud could potentially recover their funds through legal proceedings in the future. дальше »
2018-12-14 12:00 | |
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Shakepay: Bitcoin Buying Continues Despite Bear Market
A Canadian fintech company says that consumer interest in digital assets, and in particular Bitcoin (BTC), has continued to grow, even in an extended bear market. Many are buying bitcoin as a store of value. дальше »
2018-12-13 19:06 | |
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Canadian Crypto Exchange Coinsquare BuyCoin squares BlockEQ Wallet for $9 Million
Coinsquare, one of the leading cryptocurrency exchanges in Canada, has acquired BlockEQ, Stellar’s non-custodial crypto wallet, in a bid to expand its offerings beyond just digital asset trading, the company announced in a press release on December 6, 2018. дальше »
2018-12-9 06:00 | |
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BlockEQ Stellar-Based (XLM) Crypto Wallet Acquired By Coinsquare For $12 Million CAD
The biggest crypto exchange in Canada, Coinsquare, has acquired BlockEQ. The information was confirmed via the Twitter profile of the company that was bought. Coinsquare has decided to purchase the Stellar wallet, which was the first occasion ever that the Canadian blockchain company has used cash to buy out a smaller company in the blockchain […] дальше »
2018-12-7 17:54 | |
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Canadian Payments Startup Glance Rolls out “Pay With Bitcoin” Feature Across all Merchants
Canadian payments company Glance has announced that its users will now be able to use Bitcoin as a payment method across all existing merchants and services. In a press release issued November 29, 2018, the company explained that the new feature will be called “Pay With Bitcoin. дальше »
2018-12-3 20:00 | |
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