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Three international financial institutions are looking into the benefits of using distributed ledger technology (DLT) to improve cross-border payment processes. Traditional cross-border payments can be expensive. While financial institutions may...
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St. Francis Xavier University in Nova Scotia was forced to shut down their entire network due to a Bitcoin mining attack. The focus on cryptocurrency mining is on large corporations...
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The Federation of Sovereign Indigenous Nations in Canada recently paid a ransomware hacker $20,000 in bitcoins. Computers are a tremendous boon to modern life. For most local governments, they offer...
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The Canada Border Services Agency (CBSA) is the latest entity to partner with a blockchain-based platform in a bid to make its systems more efficient. Tracking goods is an intensive...
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Small cities and towns in Canada have emerged as popular destinations for cryptocurrency mining companies. Canada’s Largest Mining Farm Medicine Hat, a city in Alberta, a western province of Canada...
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A Canadian court has ruled that a Bitcoin ATM company, whose machine was involved in a scam, is not responsible for the victim’s financial loss. It’s no secret that cryptocurrencies...
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Concerns over the growing consumption of electricity from a Bitcoin mining farm might cause the city to cut off power supply to the venue, despite the financial boost for the...
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High net worth investors in Canada are now able to hold units of Bitcoin in their Registered Retirement Savings Plans (RRSP), and in their Tax-Free Savings Accounts (TFSA), as the...
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A small town in Canada has decided to pay off the hackers behind a ransomware attack to get their computer systems back online. One of the negative effects of cryptocurrency...