Busking on Bitcoin: How Lightning Network outperforms Ethereum for tipping
A busker in British Columbia got a lesson in the Lightning Network after a passerby offered to send some Bitcoin his way.
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Canada Experiencing Massive Telecommunications Outage
Canadian Internet provider Rogers Communications is suffering from a major outage that is impacting all corners Canada, including services not directly related to the company, such as emergency services and...
Study Shows Singapore Leads in NFT Searches Worldwide, Researchers Say ‘Poland Is the Most Anti-NFT Country’
During the past seven days, non-fungible token (NFT) sales have dropped 23.37% and 30-day statistics show NFT sales are down 63.10% from the month prior. While NFT interest has been…
Risk of ‘Significant Drawdowns’ Pushes Cypherpunk Holdings to Sell Entire Stash of Bitcoin and Ethereum
On Tuesday, the Canada-based investment firm Cypherpunk Holdings Inc. announced that the company has sold all of its bitcoin and ethereum due to the “risk of further significant drawdowns.” The…
KPMG enters the metaverse, invests $30M in Web3 employee training
The long-term objective for the company is to examine other potential metaverse use cases such as health care, consumer, retail, media and financial services.
Canadian Regulator Penalizes KuCoin and Bybit for Violating Securities Laws
The Ontario Securities Commission (OSC) slapped cryptocurrency exchanges KuCoin and Bybit with enforcement actions, as both companies acted in contravention of local securities laws. Bybit to Stop Accepting New Users…
Canadian regulator takes enforcement actions against Bybit and Kucoin
"Bybit responded to the OSC’s enforcement action, maintained an open dialogue, provided requested information, and committed to engaging in registration discussions," said the OSC.
Institutions are exploring the space — KPMG Canada crypto team
Kareem Sadek and Kunal Bhasin said the team had seen “a lot of momentum” around the tokenization of assets but was also considering the potential growth of NFTs and the…
Uganda Claims Exploration Surveys Discovered 31 Million Metric Tons of Gold
While gold is often considered a scarce asset, Uganda explained on Wednesday that recently conducted exploration surveys indicate that there’s roughly 31 million metric tons of gold ore waiting to…
FTX Acquires Canadian Exchange to Expand its North American Footprints
FTX – the second-largest crypto exchange by trading volume – announced its expansion into America’s up-north neighbor by acquiring the Canadian trading platform Bitvo. The newly acquired company will continue…
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