Canadian Regulator Approves Temporary Cryptocurrency Custody Rules
The Canadian Investment Regulatory Organization has introduced temporary standards for the custody of cryptocurrencies and tokenized assets.
Canadian Regulator Approves Temporary Cryptocurrency Custody Rules
The Canadian Investment Regulatory Organization has introduced temporary standards for the custody of cryptocurrencies and tokenized assets.
Bitcoin Surpasses Canada’s GDP and Amazon’s Market Capitalization
The market capitalization of Bitcoin has reached $2.4 trillion, surpassing the GDP of countries such as Canada ($2.2 trillion) and Brazil ($2.1 trillion). The total value of the entire cryptocurrency market is estimated at $3.8 trillion, comparable to the GDP of the United Kingdom. Data: StatisticsTimes. This growth has allowed the leading cryptocurrency to surpass […]
AgriFORCE Launches Bitcoin Mining Using Flare Gas
Canadian agribusiness firm AgriFORCE has initiated its first cryptocurrency mining operation in Alberta, powered by flare gas. The facility is located in Berwyn. In its initial phase, the site has a capacity of 425 kW, equipped with 120 Bitmain S21 ASIC miners, achieving a total hash rate exceeding 32 PH/s. In the second phase, the […]Robinhood to Acquire Crypto Platform WonderFi for $179 Million
Online broker Robinhood has finalized an agreement to acquire Canadian crypto company WonderFi, which manages assets worth 2.1 billion CAD ($1.5 billion). Robinhood has signed an agreement to acquire @WonderFi, a Canadian leader in crypto products. We’re excited to partner with WonderFi to accelerate Robinhood’s mission in Canada. More details: https://t.co/B2ygTDYOPw pic.twitter.com/9u1c0vJeWV — Robinhood (@RobinhoodApp) […]
Canada to Launch First Spot Solana ETFs with Staking Feature
On April 16, Canadian companies will introduce the world’s first spot Solana ETFs to the market, according to Bloomberg analyst Eric Balchunas. FWIW, the 2 solana ETFs in US (which track futures so not a perfect ginnea pig) hhaven’t done much. Very little in aum. The 2x XRP already has more aum than both the […]
Scientists Develop AI Model for Accurate Weather Forecasting
Researchers from the UK and Canada have developed the AI model Aardvark Weather for weather forecasting. The results are presented in a report in Nature. The traditional approach to prediction involves modeling the physics of the atmosphere using complex equations. Scientists from the University of Cambridge, the Vector Institute at the University of Toronto, and […]
Rise in Crypto Scams in Canada Amid US Trade Tensions
Canadian regulators have alerted citizens to an increase in scams promoting fake cryptocurrency platforms, coinciding with US-imposed trade tariffs on imports. According to the Alberta Securities Commission, fraudsters fabricated a news article in which then-Prime Minister Justin Trudeau allegedly endorses investment in the CanCap project. The Financial and Consumer Services Commission of New Brunswick reported […]
Vancouver City Council Explores Bitcoin Reserve Possibilities
The city council of Vancouver, Canada, has accepted the mayor’s proposal to explore the integration of Bitcoin into the financial system. #VanCityCouncil approves motion 3. Preserving of the City’s Purchasing Power Through Diversification of Financial Reserves – Becoming A Bitcoin Friendly City. — Vancouver City Clerk (@VanCityClerk) December 11, 2024 On November 26, municipal leader […]
Vancouver Mayor Proposes Bitcoin Diversification for City Treasury
Ken Sim, the mayor of Vancouver, Canada, has unveiled a plan to incorporate Bitcoin into the city’s municipal balance sheet. The announcement was made during a council meeting on November 26, as reported.
Neuralink to Commence Trials in Canada
Canada’s Ministry of Health has given the green light for Neuralink to begin clinical trials of its neural chips. The company, founded by Elon Musk, has announced the recruitment of volunteers. 🇨🇦 We’re happy to announce that Health Canada has approved the launch of our first clinical trial in Canada! Recruitment is now open. If […]
Body of Missing Crypto Influencer Found in Montreal Park
Police in the Canadian province of Quebec have confirmed that the body discovered on October 30 in a Montreal nature park belongs to cryptocurrency influencer Kevin Mirshahi. This was reported by local media. According to case materials, the 25-year-old blogger and three of his neighbors were abducted on June 21 from a luxury condominium on […]
WonderFi CEO Kidnapped and Ransomed for $1 Million
Dean Skurka, the CEO of Canadian cryptocurrency firm WonderFi, was kidnapped and later released after a ransom of $1 million was paid, according to local media. The incident occurred in downtown Toronto on November 6 around 6:00 PM. Unknown assailants forced the businessman into a car and demanded money. Skurka transferred $1 million to the […]We use cookies to improve the quality of our service.
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