Tag: canada
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 efficient.…
Welcome to Medicine Hat, Home to Canada’s Biggest Mining Farm
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,…
Bitcoin ATM Owner Not Responsible for Scam Victim Losing Over $60,000
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.…
Canadian City on the Verge of Cutting Off Power to Bitcoin Mining Farm
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…
First Bitcoin Mutual Fund Approved in Canada
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…
Canadian Town Pays Off Hackers Behind Ransomware Attack
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…
Company Claims Executive Stole Millions in Cryptocurrency
A former COO of a Vancouver-based marketing company has been ordered to return a laptop that may contain millions in cryptocurrency. While Bitcoin and other…
DMG Blockchain to Expand British Columbia Crypto Mining Operations with 85-Megawatt Electrical Substation
Canada-based DMG Blockchain Solutions, a “diversified blockchain and cryptocurrency company”, announced today that it has begun the installation of its own 85-megawatt capacity electrical substation that will…
