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Canadian Capital Market Regulators Mull New Cryptocurrency Rules
Capital market regulators in Canada are planning to establish new rules to curb the risks associated with cryptocurrency trading platforms. This follows the sudden death of Gerald Cotten, founder and chief executive officer of crypto exchange Quadrigacx, which led to about $145 million in frozen or missing cryptocurrencies. дальше »
2019-3-15 15:59 | |
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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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Canadian Court Grants QuadrigaCX 45-Day Extension to Recover Crypto Assets
The Supreme Court of Canada granted QuadrigaCX a 45-day extension to recover cryptocurrency assets that went missing after its founder’s death, keeping the exchange safe from creditor lawsuits while the investigation continues into the loss of $190 million in crypto. дальше »
2019-3-8 10:58 | |
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Unlocking QuadrigaCX Deceased CEO’s Laptop Revealed Disappearance of $137 Million in Crypto
The death of Canadian crypto exchange, QuadrigaCX’s CEO, Gerald Cotten has sparked outrage within society, as Cotten was the only one to have access to nearly $137M in cryptocurrencies. Said amount evidently belonged to the crypto exchange’s 115,000 users. дальше »
2019-3-7 18:07 | |
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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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QuadrigaCX Granted 45-Day Court Extension to Find $140 Million in Missing Crypto
A Nova Scotia Supreme Court Justice has given defunct cryptocurrency exchange QuadrigaCX a 45-day extension to search for $140 million worth of missing crypto assets. Judge Michael Wood extended the creditor-protection deadline to April 23, which would protect Quadriga from potential lawsuits. дальше »
2019-3-6 14:21 | |
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QuadrigaCX granted another extension to find lost $134M in cryptocurrency
QuadrigaCX, the Canadian cryptocurrency exchange embroiled in an ongoing mystery about the disappearance of $134 million in customers’ funds, has been granted an extension on its 30-day order for creditor protection. дальше »
2019-3-6 13:34 | |
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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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Quadriga Update: Wallet Empty, Unused Since April 2018, Says Ernst & Young
QuadrigaCX, the Canadian cryptocurrency exchange that purportedly lost $250 million CAD ($190 million USD) of customer funds when the… The post Quadriga Update: Wallet Empty, Unused Since April 2018, Says Ernst & Young appeared first on Invest In Blockchain. дальше »
2019-3-5 00:55 | |
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Big Four Auditor Reveals Status Of QuadrigaCX’s Bitcoin Cold Storage
On February 5th, 2019, a press release by QuadrigaCX shocked the broader cryptocurrency community. With the death of chief executive Gerald Cotten, the Canadian exchange allegedly lost access to $190 million Canadian worth of cryptocurrencies. дальше »
2019-3-2 10:25 | |
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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 Appoints 2 Law Firms to Represent Quadrigacx Clients
Two law firms have been appointed to represent the clients of insolvent Canadian crypto exchange Quadrigacx in court. The number of affected users has been estimated at approximately 115,000 and lawyers will have to contact as many as they can. дальше »
2019-2-20 20:15 | |
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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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Drug Dealer Fights to Prevent Canadian Police From Forfeiting His BTC
A Canadian online drug dealer, snared by an undercover police agent on the dark web, is pleading to be allowed to keep half of the 288 bitcoins that police seized from him as proceeds of crime. With prosecutors seeking a court order to forfeit the crypto stash, worth CAD$1. дальше »
2019-2-17 23:15 | |
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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 “Inadvertly” Sends Another 103 Bitcoins to Dead CEO’s Cold Wallet With Lost Keys
You thought you have bad luck? Think again The Canadian crypto Exchange QuadrigaCX that lost more than 190 million dollars after the death of its CEO has lost half a million more Canadian dollars after mistakenly sending that amount to the same cold wallet that its employees have been unsuccessfully trying to access for weeks. дальше »
2019-2-14 02:39 | |
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QuadrigaCX Loses an Additional $500K in Bitcoin (BTC) by Accident
QuadrigaCX, once the largest and longest-running Canadian crypto exchange, owes customers $250 million in CAD ($190 million USD) in… The post QuadrigaCX Loses an Additional $500K in Bitcoin (BTC) by Accident appeared first on Invest In Blockchain. дальше »
2019-2-14 21:41 | |
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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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Canada’s Regulators Might Help Crypto Exchange QuadrigaCX’s Victims After All
Provincial securities regulators in British Columbia, Canada, won’t be investigating the QuadrigaCX scandal. However, new developments could see Canada’s largest securities body, the Ontario Securities Commission (OSC), begin an investigation. дальше »
2019-2-10 10:43 | |
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EA’s Apex Legends Gets Insane 10 Million Players in 3 Days, Can it Become Bigger than Fortnite?
Electronic Arts Inc. shares are rising, and it seems to be gaining lost grounds with its latest title, Apex Legends, amassing millions of players within a short period. Watch Apex Legends Gameplay Below + First Impressions The Canadian gaming giant saw its stock rise by 16 percent on Friday, after announcing that Apex Legends, it’s Fortnite competitor had gained 10 million players and 1 million concurrent players, 72 hours after it was released, and the fans seem to be loving it. дальше »
2019-2-9 18:52 | |
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QuadrigaCX Victims Won’t Get Any Help from Canadian Regulator Over $136 Million in Lost Crypto
In what is the latest twist in the ongoing QuadrigaCX saga, there is some more bad news for users of the Canadian exchange, as the British Colombia Securities Commission (BCSC) said on Thursday that the exchange does not fall under its purview, which means that users are not entitled to any kind of investigative or compensatory action by the regulator. дальше »
2019-2-9 14:33 | |
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$136 Million in Missing Crypto From QuadrigaCX Could be Gone Forever: WSJ
Canada’s largest digital asset exchange QuadrigaCX has claimed to have lost more than $136 million worth of crypto in cold wallets controlled by its CEO Gerald Cotten. In an official affidavit filed with the Nova Scotia Supreme Court by Jennifer Robertson, the widow of Cotten, Robertson claimed Cotten passed away in India with the sole control over user funds. дальше »
2019-2-8 13:16 | |
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Voyager Crypto Brokerage, Courtesy of Uber and ETRADE Alums, Finally Goes Public on Canadian Exchange
Former employees Uber and E*TRADE have been working to develop a cryptocurrency brokerage startup, which is being called Voyager. According to a recent publication, Voyager has is now going to be publicly available on the TSX Venture Exchange in Canada. дальше »
2019-2-8 05:33 | |
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Indian Hospital Shares New Details About QuadrigaCX CEO Gerald Cotten’s Passing
If you followed crypto news this month, you have certainly heard about the Canadian CEO who died and left locked away all the cryptos from his exchange. The case has been getting attention lately a the wallets have over $150 million USD from clients which are completely inaccessible at the moment. The private Indian hospital […] дальше »
2019-2-7 21:30 | |
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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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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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5 Suspicious Factors about Bitcoin Exchange QuadrigaCX and its $150m in Missing Crypto
Bloomberg just reported that QuadrigaCX CEO and founder Gerald Cotten legally changed his will just 12 days before his death on December 9. This fact is just the latest in a string of interesting elements regarding the Canadian Bitcoin exchange’s sudden closure and supposed $150 million in missing crypto funds. дальше »
2019-2-6 00:54 | |
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Crypto Researcher: QuadrigaCX Exchange Never Had $190 Million Worth of Bitcoin in its Coffers
The story of distressed Canadian cryptocurrency exchange QuadrigaCX which filed for bankruptcy since the sudden death of its CEO, Gerald Cotten, has taken a new dimension, as a recent research report by Zerononcense has revealed that the cryptocurrency trading venue never had the $190 million in bitcoin it claimed to have lost access to since […] дальше »
2019-2-6 23:39 | |
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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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QuadrigaCX Reportedly Didn’t Lose Access to Bitcoin Funds – is it More Than a Mistake?
QuadrigaCX, a Canadian cryptocurrency exchange, is in serious trouble – its customers cannot access $150 million worth of crypto funds after the owner and CEO, Gerald Cotton, died of Crohn disease in Jaipur, India. дальше »
2019-2-5 17:06 | |
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QuadrigaCX Reportedly Didn’t Lose Access to Bitcoin Funds – Could it More Than a Mistake?
QuadrigaCX, a Canadian cryptocurrency exchange, is in serious trouble – its customers cannot access $150 million worth of crypto funds after the owner and CEO, Gerald Cotton, died of Crohn disease in Jaipur, India. дальше »
2019-2-5 17:06 | |
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Canadian Exchange Loses Access to $190 Million in Funds as QuadrigaCX Users Look for Answers
The current price of Bitcoin is $3500 on Bitmex, with 24 hour volume leveling around 5. 3 billion USD via CoinMarketCap. Bitcoin has operated within a 3. 5% price range over the course of the past 6 days. дальше »
2019-2-5 03:46 | |
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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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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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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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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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Bitcoin Mining Startup Envion Ordered to Close by Swiss Court
A court in Switzerland has ordered the closure of bitcoin mining startup Envion AG over concerns of poor corporate governance. The company raised $100 million in an initial coin offering (ICO) in January, but a succession of boardroom wrangles have led to a breakdown in its corporate structure, bringing operations to a halt. дальше »
2018-11-30 20:20 | |
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Canada’s Fortress Blockchain Records $1.16 Million Loss In Q3 For Crypto Mining Business
The Canadian Bitcoin mining giant Fortress Blockchain registered a loss of $1. 16 million in the third quarter of 2018. In the previous quarter, the company lost $202,000. This shows that the bearish price action in virtual currencies is affecting the whole crypto market. дальше »
2018-11-30 06:55 | |
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Canadian Bitcoin Miner Fortress Blockchain Reports $1.16M Loss in Q3
Fortress Blockchain’s net loss worsened to $1. 16 million (1. 55 million Canadian dollars) in the third quarter, from $202,000 in the preceding three-month period, as price pressure continues to mount in the global bitcoin mining industry. дальше »
2018-11-29 19:05 | |
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Canadian Court to Take Custody of Quadrigacx Funds, NYDIG Gets Bitlicense
In recent regulatory news, a Canadian court plans to take custody of $19. 5 million of funds that Quadrigacx deposited with the Canadian Imperial Bank of Commerce before they were frozen due to competing ownership claims. дальше »
2018-11-15 19:35 | |
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Canadian Court Takes Custody of Crypto Exchange’s Frozen Funds
The Ontario Superior Court of Justice has recently moved to take custody of a large sum of assets from a crypto exchange currently frozen in accounts at the Canadian Imperial Bank of Commerce (CIBC). дальше »
2018-11-15 22:14 | |
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Canadian Court Takes Control Of $26 Million CAD In A Dispute Related To QuadrigaCX Exchange
A Canadian court has taken control over $26 million CAD that were claimed by the cryptocurrency exchange QuadrigaCX. The crypto trading platform is asking the funds due to a dispute related to the funds’ provenance. дальше »
2018-11-14 18:03 | |
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Financial Report: Canadian Bitcoin Mining Firm Posts Record $13 Million in Q3
A Canadian Bitcoin mining firm, Hut 8 has reported record revenue of CAD17. 7 million ($13. 4 million) in Q3, according to its quarterly financial report ending Sept. 30th published on Nov. 8th. дальше »
2018-11-10 15:59 | |
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