Rumors of Exit Scam Swirl as Maplechange Loses Funds in Hack

Maplechange, a small Canadian cryptocurrency exchange, has ceased operations following the purported theft of all the funds it was holding. Despite promises of an investigation into the matter, many have accused the exchange of attempting to stage an exit scam. Also Read: Japanese Regulator: Stablecoins Are Not Cryptocurrencies Under Current Law Canadian Exchange Drained of Holdings […]

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Quadrigacx Battles Bank Over $21.6M in Frozen Funds

Quadrigaxc Battles Bank Over $21.6m in Frozen FundsCryptocurrency exchange Quadrigacx has blamed an ongoing legal dispute over $21.6 million worth of funds that were frozen by the Canadian Imperial Bank of Commerce (CIBC) in January for delays experienced by some of its customers when requesting fiat currency withdrawals. Also Read: Japanese Internet Giant GMO to Launch Yen-Pegged Cryptocurrency Quadrigacx Blames Court Dispute With […]

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The Daily: Coinsquare Secures Banking Partnership, Québec Elections Bring Hope to Miners

The Daily: Coinsquare Secures Banking Partnership, Québec Elections Bring Hope to MinersCryptocurrency exchange Coinsquare has reached a partnership agreement with a major Canadian bank and we’ve covered the announcement in The Daily. Also in Canada, a large bitcoin farm may be cut off from the grid by a mayor concerned about electricity consumption, and elections in Québec are likely to change the game for mining companies. […]

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Exchanges Roundup: Startup Targets Crypto Micro-Investments, Kraken Denies Halifax Closure

Exchanges Round-Up: Aus Start-Up Targets Crypto Micro-Investments, Kraken Denies Halifax ClosureIn recent news pertaining to cryptocurrency exchanges, Perth-based Bamboo has announced it will launch an app designed to easily facilitate micro-investments in cryptocurrencies, Kraken has rejected an internet rumor that claimed the company had closed a Canadian facility amid security concerns, and Roboforex has increased the leverage available on its cryptocurrency markets to 1:50. Also […]

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Canadian Crypto Exchange Coinsquare Expanding Into European Market

Canadian Crypto Exchange Coinsquare Expanding Into European MarketOne of Canada’s largest cryptocurrency exchanges, Coinsquare, is expanding into the European market. This is the exchange’s first international expansion under its own brand. Its previous expansions were through partnerships with other companies. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space European Expansion Ontario-based cryptocurrency exchange Coinsquare announced on Thursday, August 23, its plan […]

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Playboy Sues Wallet Developer for Failing to Integrate Crypto Across Its Platforms

Playboy Sues Wallet Developer for Failing to Integrate Crypto Across Its PlatformsPlayboy is reportedly suing a Canadian cryptocurrency firm for allegedly failing to integrate a “wallet that would support a range of cryptocurrencies across the company’s online media, digital and casual gaming businesses.” Playboy.tv was supposed to be the first of the company’s platforms to feature the new crypto wallet and payment options. Also read: Yahoo! Japan […]

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New Player to Offer Next Generation ASIC Chips This Year

New Player to Offer ASIC Chips This YearA new competitor is advancing on plans to enter the mining hardware market by the end of the year. Canadian company Squire Mining has raised almost $20 million to finance the design, development, and testing of a new ASIC chip and bitcoin mining rig. Squire also wants to set up its own crypto mining facilities. […]

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75% of Millennials are More Likely to Date Someone Who is Into Bitcoin

A recently conducted study has reportedly found that 75% of millennials would be more likely to date someone who possesses knowledge about cryptocurrencies. The survey comes amid apparently increasing fascination with millenials’ views regarding cryptocurrencies. Also Read: Kim Kardashian Receives Her First Bitcoin Surveys Probe Millennials’ Views on Crypto An increasing number of companies have published […]

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Exchanges Round-Up: Dcex Uses XRP as Base Currency, Blocktrade Enters Beta

Exchanges Round-Up: Dcex Uses XRP as Base Currency, Blocktrade Enters BetaIn recent news regarding bitcoin exchanges, Dcex has launched a peer-to-peer cryptocurrency exchange that will use XRP as its base currency, ESMA regulated exchange, Blocktrade, has opened for beta testing, and Coinfield has announced a partnership with fee-free trading app Moongo. Also Read:Banks Don’t Really Want to Use ‘Blockchain’ for FX Settlement After All  Dcex […]

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Coinsmart Launches Cryptocurrency Exchange for Canadian Tax Payers

Coinsmart Launches Cryptocurrency Exchange for Canadian Tax PayersWith the international regulatory drive to tackle tax evasion by cryptocurrency users, combined with a lack of clear guidance from authorities in many places, everyday people are concerned about handling reporting themselves. And where there is a need, companies always pop up to tap the demand with various solutions. The latest example of this comes […]

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