Coinberry’s Software Blunder Costs $3M in Bitcoin: Report
The Toronto-based crypto exchange Coinberry has reportedly lost around $3 million in Bitcoin due to a software glitch in 2020. It was during a software upgrade that erroneously enabled users…
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Bear market uncertainty is the perfect time to build and learn, says Sato exec
Fanny Philip, COO of Sato Technology, doubled down on believing that bear markets should be considered a builder’s market for mining companies.
Canadian Pension Fund CDPQ Writes off Investment in Celsius
Canadian pension fund giant Caisse de dépôt et placement du Québec (CDPQ) has written off its investment in struggling cryptocurrency lending firm Celsius, acknowledging that the company entered the burgeoning…
Quebec Pension Fund loses almost entirety of its Celsius investment in less than ten months
"For us, it is clear, when we look at all this, we arrived too soon in a sector which was in transition," says CEO Charles Émond.
Canadian regulatory council creates new preregistration filing for crypto platforms
The Canadian Securities Administrators will require crypto trading platforms to file an undertaking committing them to investor protections while their registration is in process.
Crypto Biz: A Futurist take on crypto
The 2022 Blockchain Futurist conference in Toronto, Canada wrapped up this week. DeFi and institutional adoption of crypto were high on the agenda.
Coinsquare chief operating officer shares thoughts on being the first regulated crypto dealer exchange in Canada
The past actions of bad actors has forced the country's regulators to take a tough stance on crypto exchanges.
Selling Bitcoin doesn’t mean you’re not bullish: Cypherpunk CEO
Cypherpunk is one of the first public firms in the world to ever invest in Bitcoin and it opted to sell 100% of its crypto by June 2022.
Australia-based crypto miner doubles hash rate after energizing Canadian rigs
Daniel Roberts, Iris Energy co-founder, said the firm had energized the facility on time “despite the current market backdrop and ongoing international supply chain challenges.”
The Number of Cryptocurrency ATMs Installed Worldwide Surpasses 39,000
This week the number of cryptocurrency automated teller machines (ATMs) operating worldwide has surpassed the 39,000 mark. Since January 2017 when the count was approaching 1K machines, the number of…
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