Canada

Canada

Finance

Hut 8's Q2 Loss Widens to $69M, Continues to 'Hodl' Bitcoin

The lower price of bitcoin and higher power costs hurt the results.

A Hut 8 mining site (Hut 8)

Policy

FDIC Probing Voyager Claims It Was Insured by Regulator

The Canadian-based crypto exchange filed for bankruptcy earlier this week.

Voyager Digital CEO Stephen Ehrlich (Danny Nelson/CoinDesk)

Finance

Hut 8 Has Added 5,800 Mining Rigs at Its Ontario Site

The company said it will hold all the bitcoin it mines, as other crypto miners sell their coins.

A Hut 8 mining site (Hut 8)

Finance

WonderFi Closes Acquisition of Crypto Trading Platform Coinberry

The Canadian crypto firm says it's open to more deals for firms hit by the crypto winter.

The WonderFi team, including a cardboard cutout of Kevin O'Leary, at the firm's recent uplisting to the Toronto Stock Exchange. (WonderFi)

Finance

Ontario Securities Commission Slaps Bybit and KuCoin With Penalties

The Canadian regulator said the two exchanges were selling unregistered securities to Ontario residents.

Toronto

Finance

FTX Agrees to Acquire Canadian Trading Platform Bitvo as It Eyes Regional Expansion

FTX's decision to acquire Bitvo comes after rival exchange Binance pulled out of Ontario amid regulatory pressure last year.

Sam Bankman-Fried speaks at Crypto Bahamas 2022. (Danny Nelson/CoinDesk)

Finance

Canadian Crypto Trading Platform VirgoCX Raises $8M, With Growth in Sight

The crypto trading platform is looking at expanding overseas after garnering Canadian regulatory approvals.

Toronto, Ontario, Canada (Jan Web/Unsplash)

Finance

Crypto Miner Hut 8 Bucks Trend by ‘Hodling’ Its Mined Bitcoins

The miner also concluded its crypto lending program, bringing all of company bitcoin back into custody.

Hut 8 plant

Finance

Bitcoin Miner Bitfarms Lowers Hashrate Outlook to 6 EH/s This Year

The miner is still assessing other opportunities to expand its capacity to as much as 8 EH/s by the end of the year.

Bitfarms' mining facility in Quebec, Bitfarms (Aoyon Ashraf for CoinDesk)

Videos

ETF Trade Flows Dip as Bitcoin Drifts Between $37K-$45K

As Australia prepares for its first bitcoin exchange-traded funds, ETF traders are exiting the Canada-based 3iQ Coinshares bitcoin ETF while BTC trends between $37,000 and $45,000. Plus, a conversation about a noted compression in premiums as “All About Bitcoin” host Christine Lee presents the “Chart of the Day.”

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