Canada


Finance

Canadian Miner Hut 8 Closed 2021 With 5,518 Bitcoin in Reserve

The miner plans to reach 3.35 EH/s of hashrate by the end of Q1 2022.

Hut 8 plant

Finance

Kevin O’Leary-Backed DeFi Platform WonderFi to Purchase Bitbuy for $162M in Cash, Shares

The deal gives WonderFi one of Canada’s fastest-growing crypto platforms, adding 375,000 registered users.

The Bitbuy team. (Bitbuy)

Videos

Binance Can’t Appease Canadian Regulators, Ontario Users Still Face Account Restrictions

Crypto exchange Binance held a meeting with the Ontario Securities Commission (OSC) to clarify an announcement to its users that suggested it could still provide trading services in Canada’s most populous province. The exchange, operating under the umbrella of Binance.US, continues to face hurdles with governments worldwide.

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Policy

Binance Still Not Authorized to Operate in Ontario, Securities Commission Says

The regulator’s statement on Thursday comes after Binance said on Wednesday it had worked with regulators to ensure continued operations.

Binance CEO Changpeng Zhao (Bryan van der Beek/Bloomberg via Getty Images)

Finance

Binance to Continue Operating in Ontario After Cooperating With Canadian Regulators

The crypto exchange originally told its users in Canada’s most populous province they would need to close their accounts by Dec. 31.

End of an Era? Binance Clamps Down on Customer Verification Requirements

Policy

Teenage Suspect in $16M DeFi Hack Wanted for Arrest in Canada

In a possible DeFi first, Canadian law enforcement is now looking to track down a suspected hacker.

(Daniel Crump/Bloomberg via Getty Images)

Finance

Crypto Miner DMG Blockchain Purchases 1,800 Next-Generation Bitmain Miners

The machines, to be delivered starting next July, will generate an additional 252 PH/s.

Cryptocurrency mining machines

Learn

Top Blockchain University: University of British Columbia

The Blockchain@UBC’s Summer Institute at the 28th-ranked University of British Columbia offers pupils a rigorous blockchain education and an opportunity to use blockchain for social good.

(Owen Yin/Unsplash)

Policy

Canada Needs a Loonie-Linked Digital Currency, Policy Experts Say

Policy think tank C.D. Howe Institute sees Canadian-dollar-linked stablecoins, issued by the Bank of Canada, becoming attractive to Canadians by making them convertible into cash.

(Kevin Miller/Stockbyte/Getty Images)

Finance

Fidelity Launches Canada’s First Institutional Bitcoin Custody Service

The move potentially clears the way for more institutional investors in Canada to invest in bitcoin directly.

Pedestrians pass a Fidelity Investments office in Boston, Ma