Canada

Canada

Tech

Blockchain Firm Figment Raises $2.5M in Funding Round Led by Bonfire Ventures

Figment said the latest round will enable it to continue developing its blockchain staking, governance and developer tools.

Ethereum's London hard fork will burn ether to reduce supply.

Markets

Canadian Pacific Railway Seeks Logistics Boost From Blockchain Tech

Canadian Pacific – in operation since 1881 – has joined blockchain-based logistics platform TradeLens.

Relic Canadian Pacific train

Policy

Bungled Theft of Bitcoin ATM Puts Canadian Business Out of Action

The inept thieves reversed their pickup truck into the store window next door after failing to nab the crypto ATM they wanted.

Canada

Tech

CBDC Design Needs to Address Risk to Users, Says Bank of Canada

Building an anonymous central bank digital currency (CBDC) presents security risks – not only to the issuer but to the users themselves, says the Bank of Canada.

The crowd

Markets

Bitcoin Miner Bitfarms Leases 2,000 Rigs From BlockFills, Has Option for Up to 7,000 More

Bitfarms boost its mining power by 360 PH with the new lease, set to run for 24 months.

Cryptocurrency mining machines

Finance

Coinberry Crypto Exchange Gets Lloyd's Cover as Canada's Post-Quadriga Rules Tighten

Following last year’s QuadrigaCX collapse and loss of client funds, Canada’s crypto exchanges are going the extra mile to rebuild the trust of consumers.

Canadian coins (Jerin John/Unsplash)

Markets

A New Attempt to Tokenize Real Estate Projects in Mexico and Canada

Digital transfer agent Vertalo has partnered with real estate platform MountX to tokenize more than 15 digital real estate projects in Mexico and Canada.

(ChameleonsEye/Shutterstock)

Markets

Canadian Exchange Shakepay Gets Cold Wallet Insurance to Protect Customer Funds

Canadian crypto exchange Shakepay has secured cold wallet insurance through Aon with Lloyd's of London underwriters.

canadian flag

Policy

Crypto Derivatives Exchange BitMEX to Block Ontario Traders

The veteran cryptocurrency derivatives exchange is to block users in Ontario, apparently at the behest of the local securities regulator.

Former BitMEX CEO Arthur Hayes

Finance

Mining Firm Hut 8 Reports 28% Drop in Q2 Revenue Following Bitcoin Halving

Bitcoin mining firm Hut 8 reported a sharp drop in revenue. However, the rising value of the firm's BTC holdings helped it finish the quarter in the black.

Máquinas de minería de bitcoin (Shutterstock)