#Canada

Fresh Humiliation for QuadrigaCX: Over $400,000 in Bitcoin “Inadvertently Sent” to Dead CEO’s Wallet

February 14, 2019 by Tom Nyarunda at Bitcoin, Business, Exchange, Finance, News

The conspiracy theory surrounding QuadrigaCX began with the December 9, 2018, death of the exchange’s CEO. Chief Executive Officer (CEO), Gerald Cotton, took the only private keys to the grave, depriving users of $190 million in frozen funds. Since then, an additional $468,675 in bitcoin was accidentally transferred to the...

Coinsquare Announces Major Layoff, More Than 40 People Affected

February 7, 2019 by Priyeshu Garg at News

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. The Canadian cryptocurrency exchange was forced to lay off the employees because it has...

QuadrigaCX: The Strangest Story in the Cryptoverse

February 7, 2019 by Tokoni Uti at News

QuadrigaCX was granted creditor Protection from a court on February 5, 2019, after claiming that customer funds are trapped in a cold wallet only their late CEO had access to in what may be one of crypto’s most bizarre stories. Unfolding Story One of the biggest stories in the cryptoverse...

BAC Block Blue Canada Green Sitting Field

Blockchain Association of Canada Merges with Chamber of Digital Commerce

February 6, 2019 by Tokoni Uti at Blockchain, Business, News, Regulation

The Blockchain Association of Canada announced on February 5, 2019, that they have merged with the Chamber of Digital Commerce Canada. Stronger Together Across the world various blockchain advocacy entities such as Blockchain for Europe have been formed to bring some order to the industry and encourage collaboration. Most recently,...

Kik Looks to Challenge SEC over ICO Securities Debacle

January 28, 2019 by Aisshwarya Tiwari at Business, News, Regulation

According to a report by The Wall Street Journal published on January 27, 2019, Canadian social-media giant Kik Interactive Inc. is contemplating locking horns with the US Securities and Exchange Commission (SEC) over the latter’s diktat on the legal status of tokens issued throug initial coin offerings (ICOs). Highly Anticipated...

Canadian Bankers Association Wants Blockchain-Powered Digital Identification Systems

January 18, 2019 by Alex Lielacher at Blockchain, Development, Finance, News, Regulation

The Canadian Bankers Association stated that Canada should create a digital identification system that utilizes technologies such as blockchain and biometrics to enable a live video ID verification process. Blockchain-Powered Digital ID for Banking The CBA’s CEO, Neil Parmenter, believes that to unlock the full potential of the digital banking...

Blockstream Launches Beta Version of its Lightning Network-Powered Satellite API

January 17, 2019 by Ogwu Osaemezu Emmanuel at Blockchain, Development, News, Tech

Blockstream, a distributed ledger technology (DLT) company headquartered in Canada, has announced the launch of its Lightning-powered Satellite API Beta Beta, which is aimed at making it possible for anyone across the world to broadcast data via its satellite network in real-time, according to a press release on January 16,...

Canadian Electoral Body Is Looking into Cryptocurrency Donations

January 14, 2019 by Tokoni Uti at Altcoins, Bitcoin, Development, Finance, News, Regulation

On January 9, 2019, it was reported that the Canadian Electoral Body, Elections Canada, has published a draft document detailing the procedure for the acceptance of cryptocurrency donations as well as seeking the input of various parties regarding the handling such donations. One of the trickiest aspects of cryptocurrency and...

Alternative Investment Firm Regal Assets Expands Crypto Reach to Canada

January 10, 2019 by Nuno Menezes at Adoption, Altcoins, Bitcoin, Development, Ethereum, Finance, Investment, News

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...

Bank of Canada Independent Study Reveals Public’s Perceptions of Bitcoin

Canadians Denied at U.S. Border for Purchasing Marijuana Shows Perfect Usecase for Bitcoin

December 20, 2018 by Nigel Dollentas at Bitcoin, Blockchain, Business, Ethereum, Finance, News, Platform, Tech

The Government of Canada has advising warnings that citizens should purchase marijuana with cash to protect their personal information on December 19, 2018, highlighting a perfect real-world scenario for Bitcoin. While Canada made waves back in October by legalizing recreational marijuana, Canada is back in the news due to other...

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