Tag: canada

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Canadian Securities Firm: Quadriga CX Was a Ponzi Scheme

Perhaps one of the biggest – and scariest – mysteries to emerge from the cryptocurrency space over the past few years has been the...

Einstein Exchange Has Very Little Customer Money Left

Remember Live Bitcoin News’ coverage of Einstein Exchange, the now defunct cryptocurrency exchange stationed in Canada? Remember how the company took roughly $16 million...

No, The RBC Is NOT Building a Crypto Exchange!

Well, this is disappointing. After all the hype and hoopla, after all the hope that Canada may be taking an important and crucial next...

Einstein Exchange Shuts Down, Taking Customer Funds with It

A Canadian cryptocurrency trading platform known as Einstein Exchange is being invested by local law enforcement after it mysteriously shut down, leaving several customers...

Canada’s Bit Farms Buys More Than 2,000 Mining Machines

Bit Farms, a cryptocurrency mining company stationed in Canada, has bought more than 2,000 new A10 Avalon mining machines to improve its mining capabilities.  Bit...

Bitcoin ATMs Prove Useless In Ill-Planned Crypto Hacking Case

In what could arguably be considered the worst bitcoin heist in cryptocurrency history (at least, that’s what some analysts are saying), scammers attempted to...

Canada Is Loosening Up Its Crypto Regulations

Despite the scandal involving Quadriga CX, it has become clear that Canada learned virtually nothing about cryptocurrency exchange regulations. Canada Is Backtracking on Its Crypto...

Bitcoin Will Soon be Accepted at Luxury Jewelry Stores in Canada

Yet another brand has begun accepting Bitcoin as a payment method. This time we're in Canada, the home of luxury jewelry brand, Birks Group. While...

Distributed Ledger Technology is an Option for Cross-border Payments According to Canada, UK and Singapore

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...

Bitcoin Mining Attack Causes University to Shut Down Network

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...

Bitcoin Ransom of $20,000 Paid by Federation of Sovereign Indigenous Nations

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...

Canada Border Services Test Blockchain Technology to Streamline Processes

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...