This Upstart Cryptocurrency Exchange Is Making Inroads in Canada

This Upstart Cryptocurrency Exchange Is Making Inroads in Canada

Cryptocurrency and precious metals exchange Coinsquare is taking steps toward its goal of leading the cryptocurrency exchange market in Canada. On February 20, 2018, it announced a new partnership with Processing.
This Upstart Cryptocurrency Exchange Is Making Inroads in Canada

This Upstart Cryptocurrency Exchange Is Making Inroads in Canada

Cryptocurrency and precious metals exchange Coinsquare is taking steps toward its goal of leading the cryptocurrency exchange market in Canada. On February 20, 2018, it announced a new partnership with Processing.
HashChain Technology Acquires Blockchain Company NODE40

HashChain Technology Acquires Blockchain Company NODE40

HashChain Technology Inc. (HashChain) has acquired the blockchain technology company NODE40 for $8 million USD and 3,144,134 common shares of stock in HashChain (TSXV: KASH) (OTCQB: HSSHF).
HashChain Technology Acquires Blockchain Company NODE40

HashChain Technology Acquires Blockchain Company NODE40

HashChain Technology Inc. (HashChain) has acquired the blockchain technology company NODE40 for $8 million USD and 3,144,134 common shares of stock in HashChain (TSXV: KASH) (OTCQB: HSSHF).

Energy Company Hydro-Quebec Looks to Attract Bitcoin Miners

Hydro-Quebéc (HQ) is a public utility that manages the generation, transmission and distribution of electricity in Quebec, Canada, but it finds itself in a position of generating more power than its customers need. In an article from Le Journal de Québec, Éric Martel, president and CEO of HQ, relates how HQ is facing a death spiral for electricity consumption.

How a Hackathon Birthed the CryptoKitties Origin Story

“CryptoKitties,” the most popular game ever released on the Ethereum blockchain to date, became an instant success in December of 2017.

Cryptocurrency and Blockchain Tech Market Could Reach $10 Trillion in 15 Years, Says RBC Analyst

In a report published on January 3, 2018, Royal Bank of Canada (RBC) Capital Markets analyst Mitch Steves confidently stated that the cryptocurrencies and blockchain technology applications market could increase thirteenfold in 15 years, reaching $10 trillion.

Canadian TSX Venture Exchange Approves Crypto-Mining Company HashChain to Launch Monday

On December 18, 2017, HashChain Technology, a cryptocurrency mining company, went public for the first time on the TSX Venture Exchange under the ticker symbol KASH, joining at least eight other crypto-related startups including HIVE Blockchain Technologies (Genesis Mining).

Bitcoin ‘Keeping Me Awake at Night’: Bank of Canada Governor

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New Bitcoin Mining Centers Set to Increase North American Market Position

While China continues to dominate the bitcoin mining market, North America has now gained another significant player who can help decentralize mining power. Hut 8 Mining Corp (Hut 8) and the Bitfury Group (Bitfury) have announced a partnership that will create North America’s largest bitcoin mining center, located primarily in Alberta, Canada.

Singapore, Canadian Central Banks Unite on Blockchain Cross-Border Payments

Singapore’s central bank has announced a slew of initiatives during the ongoing FinTech Festival, including a notable partnership with the Bank of Canada on cross-border payments using blockchain. On the second day of the week-long Singapore FinTech Festival today, Ravi Menon, director of the Monetary Authority of Singapore (MAS), Singapore’s central bank and financial regulator, spoke at length about Project Ubin – the central bank’s effort to place a tokenized Singaporean dollar (SGD) on a blockchain.

IBM Urges British Columbia to Track Legal Marijuana on a Blockchain

Technology giant IBM has advised the British Columbia (B.C.) government to use blockchain technology to track the entire supply chain of legal marijuana. As Canada prepares for the legalization of recreational, non-medical cannabis next year, US technology giant IBM has urged the B.C. government to adopt blockchain technology to track the marijuana supply chain, from seed to sale. In its submission to the B.
Canadian Police Issue Warning Over Bitcoin Tax Scam

Canadian Police Issue Warning Over Bitcoin Tax Scam

Police in Canada have issued a warning over a bitcoin tax scam after more than 40 York region residents fell victim to fraudsters. According to a report by CBC News, York Regional Police said that victims lost as much as 340,000 Canadian dollars (US$267,000) through the scam. The fraudsters, who identified themselves as employees of the Canada Revenue Agency, threatened the victims with arrest for unpaid taxes if they did not send funds using bitcoin ATMs.

Plexcoin ICO Organizer Held in Contempt by Quebec Superior Court

PlexCoin ICO organizer Dominic Lacroix has been found in contempt of court in Quebec for violating a ruling that barred Lacroix and his associated companies from holding an initial coin offering in Quebec or soliciting investors from the Canadian province. The Autorité des marchés financiers (AMF), Quebec’s chief financial regulator, announced in a statement that the Quebec Superior Court — the province’s highest trial court — had found Dominic Lacroix and an associated company, DL Innov inc, in contempt for violating an earlier court order related to the PlexCoin ICO.
Canada Court Holds ICO Organizer in Contempt

Canada Court Holds ICO Organizer in Contempt

An initial coin offering (ICO) organizer in Canada has been found in contempt of court following a new ruling from the Quebec Supreme Court. The Autorité des marchés financiers (AMF), Quebec's financial regulator, published a statement on October 20 announcing that Dominic Lacroix and a related company, DL Innov inc.
Tencent, FedEx Join Tapscott-Led Blockchain Research Effort

Tencent, FedEx Join Tapscott-Led Blockchain Research Effort

A Canada-based blockchain research effort has added over a dozen members including major companies Tencent and FedEx, and the Ontario Ministry of Health. The Blockchain Research Institute was originally founded in March by Don and Alex Tapscott, and backed by a group companies like IBM and PepsiCo, as well as a number of blockchain startups.