Canada Archives

Digital currency fraud in Canada up 400%, police say

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27 March, 2021

Digital currency fraud in Canada up 400%, police say

Digital currency scams have varied over the years, ranging from those targeting victims’ greed such as “double-your-money” scams to those...

TAAL announces closing of $40.0 million public offering

Press Releases

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22 March, 2021

TAAL announces closing of $40.0 million public offering

Pursuant to the Offering, the Company issued 8,695,652 Units at a price of $4.60 per Unit for aggregate gross proceeds...

TAAL announces marketed public offering of up to $40 million

Press Releases

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3 March, 2021

TAAL announces marketed public offering of up to $40 million

TAAL Distributed Information Technologies Inc. has filed a preliminary short form prospectus in connection with the proposed offering of units...

Hut 8 completes $11.8M financing for new ASIC mining rigs

Tech

Jacob Rozen

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28 January, 2021

Hut 8 completes $11.8M financing for new ASIC mining rigs

The Canada-based block reward miner will use the funds to provide a US$2.9 million deposit to purchase 5,400 new Whatsminer...

QuadrigaCX trustee seeks resolution between digital currency, fiat creditors

Business

Ed Drake

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25 January, 2021

QuadrigaCX trustee seeks resolution between digital currency, fiat creditors

The bankruptcy trustee of failed exchange QuadrigaCX has said it will work to resolve a dispute between creditors before disbursing...

Hive Blockchain ramps up hardware inventory

Tech

Jacob Rozen

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24 January, 2021

Hive Blockchain ramps up hardware inventory

Canada-based Hive Blockchain Technologies Ltd. announced it exceeded its ASIC capacity goal of 1,000 PH/s through the purchase of 6,400...

TAAL completes phase 1 rollout of blockchain computer power at Alberta facility

Tech

Jacob Rozen

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19 January, 2021

TAAL completes phase 1 rollout of blockchain computer power at Alberta facility

The facility's opening highlights the difference between blockchain infrastructure companies that understand Bitcoin and support its adoption versus companies out...

Taal announces successful first phase deployment of blockchain computer power at Alberta facility

Press Releases

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15 January, 2021

Taal announces successful first phase deployment of blockchain computer power at Alberta facility

TAAL’s recently purchased blockchain computers will help provide the required computing power for enterprise clients to achieve business advantages using...

Argyle Coin founder involved in $25M scam gets 7 years in jail

Business

Steve Kaaru

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15 December, 2020

Argyle Coin founder involved in $25M scam gets 7 years in jail

Jose Angel Aman defrauded investors in Canada and the United States from 2014 to 2019, soliciting them to invest in...

Bank of Canada ready to move ‘sooner than expected’ on digital dollar

Business

Ed Drake

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9 December, 2020

Bank of Canada ready to move ‘sooner than expected’ on digital dollar

Central bank officials have indicated progress has been made on launching a digital currency, citing the pressures of the COVID-19...

US emerging as block reward mining powerhouse

Tech

Jacob Rozen

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2 December, 2020

US emerging as block reward mining powerhouse

Industry watchers have noticed that hashrate emanating from North American has been increasing, eroding the centralized collective market share that...

Coinsquare files to become Canada’s first regulated digital asset marketplace

Business

Steve Kaaru

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27 November, 2020

Coinsquare files to become Canada’s first regulated digital asset marketplace

Coinsquare also announced the appointment of new executives as it seeks to move past recent wash trading incidents.

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