Canada


Finance

HIVE Blockchain to Double Bitcoin Mining Capacity Through $2.8M Share Deal

HIVE shares have increased 10 percent since the deal to acquire a bitcoin mining farm in Canada became public.

Quebec hydro power plant (credit: Shutterstock/Pierre Leclerc)

Technologies

How Bitcoin’s Price Slump Is Changing the Geography of Mining

Although China remains the leading region for bitcoin mining, the coronavirus downturn is changing the picture in other geographies.

mining

Juridique

Canada's Financial Crimes Watchdog Gets Ready for FATF Compliance

Canada’s financial crimes watchdog is preparing to implement its broad new virtual currency oversight powers ahead of the Financial Action Task Force’s June 2020 deadline.

canaa fintrac

Juridique

Canadians Get US Jail Time for Stealing 23 Bitcoin in Twitter Scam

The two scammers used a Twitter account to pose as crypto exchange staff to persuade an Oregon resident to hand over bitcoin.

CoinDesk placeholder image

Finance

Chinese Blockchain Startup Hires VC Exec to Lead North American Expansion

Beijing-based blockchain startup Conflux has hired the former head of crypto at VC firm Outlier Ventures to lead a North American expansion.

Toronto

Marchés

Joint Venture Launches Canadian Dollar-Pegged Stablecoin for Financial Services

Canada Stablecorp, a joint venture between Mavennet and 3iQ, has begun issuing its QCAD stablecoin in a bid to digitize financial services such as international remittances.

Canadian dollars

Technologies

Canada Forges $130,000 Development Deal for Steel-Tracking Blockchain

The Canadian government has awarded enterprise blockchain startup Mavennet a procurement contract for the development of an on-chain steel-tracking platform.

Credit: Shutterstock

Juridique

Canadian Regulatory Group Targets Crypto Exchanges Holding Users' Digital Assets

Canada's top financial watchdog has told crypto exchanges they will be subject to securities law if they act as custodians to users' digital assets.

canadian flags

Marchés

Vulture Investor Is Looking to Buy QuadrigaCX Creditors' Claims

Argo Partners, a New York-based investment firm, wants to buy QuadrigaCX creditor claims, should there be sufficient interest.

Gerald Cotten, difunto CEO de QuadrigaCX, alrededor de 2015.

Finance

Canadian Government-Assisted Bitcoin Miner Files for Bankruptcy Owing Millions

Great North Data, a firm that ran bitcoin mining and AI processing data centers in Canada, has filed for bankruptcy owing millions to creditors including government agencies.

Bitcoin miners