Long Blockchain, previously named Long Island Iced Tea, has reached an agreement to sell its ready-to-drink tea business to Canadian firm ECC2 Ventures. The deal is documented in a…
Tag: Canadian blockchain technology
From Last-Minute Will to Past Banking Problems: What Makes the QuadrigaCX Case Seem So Strange
For the second week, QuadrigaCX’s crisis remains one of the hottest topics in the crypto world. After the CEO of the Canadian exchange, 30-year-old Geral Cotten, suddenly died, the exchange has allegedly lost access to…
QuadrigaCX Lost Another $500K in Bitcoin By Mistake: EY Report
Canadian crypto exchange QuadrigaCX, which owes customers $250 million in CAD ($190 million U.S.) in cryptocurrencies and fiat, lost another $500,000 CAD by mistake last week. In an initial report published…
Canadian Securities Regulator ‘Looking Into’ QuadrigaCX Cryptocurrency Exchange
The Ontario Securities Commission (OSC) has initiated a probe into Canada’s major cryptocurrency exchange QuadrigaCX, Reuters reported on Feb. 8. The Ontario Securities Commission reportedly told Reuters that “given the potential harm…
The Collapse of QuadrigaCX: What We Know (And What We Don’t)
QuadrigaCX, the Canadian cryptocurrency exchange, made headlines the world over last week when it announced it was filing for creditor protection and owed upwards of $130 million or more…
CEO of Canadian Crypto Exchange QuadrigaCX Filed Will 12 Days Before Death
Gerald Cotten, the recently deceased CEO of major Canadian crypto exchange QuadrigaCX, had filed a will 12 days before his death, Bloomberg writes Tuesday, Feb. 5. According to the documents obtained by Bloomberg, Cotten…
Canada Digital ID System Could Use Blockchain to Secure Data, Says Banking Executive
A Canadianbanking group supports the idea of using blockchain technology as part of a digital IDsystem for residents, national news agency The Canadian Press reported via various local media outlets on Jan. 15. Speaking during a…
Canadian House Finance Committee Recommends Crypto Regulation to Prevent Money Laundering
The Canadian House Finance Committee has recommended that the government start regulating cryptocurrencies to prevent money laundering, Canadian digital newspaper iPolitics reports Nov. 14. According to iPolitics, the Canadian…
Canada’s DMG Blockchain Puts 85 Megawatt Crypto Mining Facility Into Operation
Canadian blockchain and cryptocurrency company DMG Blockchain Solutions Inc. has energized its new crypto mining facility, according to an announcement published Nov. 8. DMG states that the facility will…
Canadian Bank Set to Launch Uncheckable ‘Deposit Box’ for Cryptocurrency
A subsidiary of Canadian financial institution VersaBank confirmed it had finished beta testing of a “digital vault” for storing cryptocurrency in a press release Nov. 8. VersaVault, which announced…
