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Russia Gets Bulk of Chinese Mining Machines Amid Miners’ Exodus, Report Reveals

China’s crackdown on its crypto mining sector, launched earlier this year, caused a massive migration of mining enterprises to friendlier jurisdictions. Miners have been moving enormous amount of coin minting…

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Canada Detains Teen for Alleged $36 Million Cryptocurrency Theft

A teenager has been arrested in Canada after committing what law enforcement officials in Ontario have described as the largest crypto theft by a single person. The Canadian is accused…

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Fidelity Receives Regulatory Approval to Launch Canada’s First Bitcoin Institutional Solution

Canada has its first cryptocurrency-focused Investment Industry Regulatory Organization of Canada (IIROC) as the local watchdogs approved Fidelity Clearing Canada (FCC) to launch a new institutional digital asset service. Canada…

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Canadian Investment Giant IGM Could Launch Bitcoin and Ethereum Products in 2022

IGM Financial Inc., a 40-year-old Canadian wealth manager, could be next in line to launch Bitcoin and Ethereum services for its clients, suggested the company’s CEO, James O’Sullivan. Founded in…

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Hive Blockchain Secures Order for 6,500 Next-Generation Bitcoin Miners From Canaan

On October 29, the publicly listed firm Canaan announced the mining manufacturer has secured a follow-on purchase order from the mining operator Hive Blockchain for 6,500 units of Canaan’s next-generation…

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