Canada News
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A volunteer moderator of a cryptocurrency forum has gone into hiding with his family after surviving an alleged kidnapping attempt, according to a report by Quebec’s La Presse. The suspects reportedly targeted the man, believing he held millions in Bitcoin…
BTC
Bitcoin
The Polymarket odds of Conservative and anti-CBDC candidate Pierre Poilievre being Canada’s next Prime Minister lept to 92% after Justin Trudeau’s resignation.
Polymarket bettors predicted Canadian Prime Minister Justin Trudeau would resign by week’s end, but local outlets believe his exit may happen sooner.
Canadian mining firm HIVE Digital Technologies has reached 6.0 EH/s in operational hashrate, marking a 47% year-over-year increase. Bitcoin (BTC) miner HIVE Digital Technologies has hit a major milestone, reaching 6.0 exahashes per second in operational hashrate, marking a 47%…
BTC
Bitcoin
On December 11, Vancouver councilors voted in favor of Mayor Ken Sim's motion to make the city "Bitcoin-friendly" and authorize staff to look into holding cryptocurrency in reserve.
BTC
Bitcoin
Circle has become the first stablecoin issuer to meet the new crypto asset rules established by Canadian regulators. On Dec. 4, Circle announced that it had achieved this milestone through its regulated subsidiary, which has committed to complying with the…
USDC
USDC
The body of Kevin Mirshahi, a 25-year-old cryptocurrency influencer who had been missing since June, was found dead. Mirshahi’s body was discovered in Montreal’s ÃŽle-de-la-Visitation Park, as confirmed by the Sûreté du Québec, according to the Montreal Gazette. A passerby…
Gemini has received in-principle approval from Singapore’s Monetary Authority for a major payment institution license, marking a key step in its APAC expansion. Cryptocurrency exchange Gemini, founded by Tyler and Cameron Winklevoss, announced it has received in-principle approval from Singapore‘s…
Coinbase has announced a partnership with the Canadian Football League as the league’s first-ever official crypto partner. According to Coinbase, the collaboration will extend to the upcoming 111th Grey Cup in Vancouver, where Coinbase will sponsor the opening coin toss…
BTC
Bitcoin
North America remains the top spot for the crypto market, accounting for about $1.3 trillion, or 22.5% of on-chain activity on the international level, data from Chainalysis shows. Cryptocurrencies keep concentrating in North America despite unclear local regulatory climate, as…
Crypto exchange Gemini has announced its exit from the Canadian market, joining several other platforms that have left due to the country’s strict regulatory environment. Canadian customers of the Winklevoss-founded exchange reported receiving an email urging them to withdraw their…
The Bank of Canada has reportedly shifted its focus away from the idea of introducing a digital Canadian dollar. The Bank of Canada seems to be shifting its focus away from developing a government-backed digital currency, seven years after it…
Canadian blockchain company Cypherpunk Holdings has rebranded, adopting the new name Sol Strategies as it focuses its investment strategy on Solana. The Toronto-based firm announced on Sept. 12 that Sol Strategies reflects its decision to invest in Solana (SOL), including…
Cryptocurrency mining giant Bitfarms has entered a definitive merger agreement to acquire Stronghold in a stock-for-stock merger transaction. Canadian crypto miner Bitfarms is set to acquire its U.S.-based rival Stronghold Digital in a transaction valued at approximately $175 million, including…
Bitcoin mining firm Bitfarms has announced leadership changes amid ongoing regulatory and takeover bid challenges. Canadian public Bitcoin mining firm Bitfarms disclosed updates to its board of directors and executive team as it navigates ongoing regulatory challenges and a recent…
The B.C. Securities Commission has ruled that the crypto platform ezBtc defrauded its customers, diverting $9.4 million to gambling, personal use. A panel from Canada‘s British Columbia Securities Commission has found that a crypto trading platform based in British Columbia,…