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Canada to host Bitfury’s new 28MW crypto mining facility

Blockchain company Bitfury announced the launch of a new crypto-mining data center in Ontario, Canada. The new crypto mining center adds to the list of existing Canadian sites currently operating in Drumheller, Alberta and Medicine Hat.Bitfury partnered with Hut 8 Mining, a Toronto Stock Exchange-listed Bitcoin (BTC) mining company, to

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‘You’d better buy some Bitcoin’ — BTC figures defy Canada gov’t as ETF assets hit record

Canada's war on Bitcoin (BTC) appears to be backfiring as the country's flagship exchange-traded fund (ETF) adds thousands of BTC.Data from on-chain monitoring resource Coinglass shows that over the two weeks to Feb. 24, the Purpose Bitcoin ETF has increased its holdings from 28,854 BTC to 32,257 BTC — 11.8%.Institutions

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Canada Sanctions 34 Crypto Wallets Tied to Trucker ‘Freedom Convoy’

As part of the Emergencies Act, Canada is broadening the scope the country's anti-money laundering/anti-terrorist financing rules, which will now include crowdfunding platforms and the payment service providers such as PayPal and Stripe and will include digital assets such as crypto, used by suspected individuals and companies, RCMP Spokesperson told

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“ $100M fine for BlockFi, Canada banking freeze highlights the importance of Decentralized Finance”

Welcome to the second installment of our interview series with the ADALend CEO Kaspars Koskins. Recent events in the US and Canada have illustrated that Decentralized Finance is more important than ever before. ADALend is at the vanguard of this revolution in the lending industry by using blockchain technology to

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Humans Are the Last-Mile Problem of Bitcoin Crowdfunding for Canada Truck Protest

On Monday, after Canadian Prime Minister Justin Trudeau enacted the never-used “Emergencies Act,” Deputy Prime Minister Chrystia Freeland said banks are allowed to freeze accounts related to the protestors without a court order and will be shielded from lawsuits for acting “in good faith.” Canada's Toronto-Dominion Bank had already started

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Bitcoin hits $44K after Canada emergency powers accompany 6% BTC price increase

Bitcoin (BTC) opted for fresh upside on Feb. 15 as a trip to near $40,000 saw an abrupt change of direction. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewRSI prints classic bull signalData from Cointelegraph Markets Pro and TradingView showed BTC/USD gaining swiftly overnight into Tuesday, going on to pass $44,000.A classic relative

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Canada invokes ‘Emergencies Act’ targeting crowdfunding and crypto

Canadian Prime Minister Justin Trudeau has invoked the Emergencies Act, which gives him the power to freeze Freedom Convoy protesters’ bank accounts and monitor “large and suspicious transactions,” including crypto.Deputy Prime Minister Chrystia Freeland said in a press conference on Feb. 14 that this latest tactical maneuver against the protesters

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