Cryptocurrency Analysis and News Portal
A three-year pilot scheme for an innovative blockchain-based electric vehicle, or EV, charging platform has received $1 million in funding from Natural Resources Canada, a department of the country's government.The scheme promises to reduce the cost of EV charging transactions and enhance power grid efficiency, according to an article on
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INX will list on the CES once it closes its $117 million IPO. Source
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Canadian Pacific – in operation since 1881 – has joined blockchain-based logistics platform TradeLens. Source
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Central bank digital currencies, often known as CBDCs, are seemingly imminent: over recent months, central banks around the
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Crypto exchange Shakepay, which describes itself as “Canada’s fastest-growing bitcoin platform,” conducted a “proof-of-reserves” audit and acquired an insurance policy to reinforce its security, perhaps learning a lesson from fellow Canadian platforms QuadrigaCX, Einstein and Coinsquare, which all lost customer funds or have otherwise been involved in scandals over the
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Canadian regulator Ontario Securities Commission (OSC) has accused embattled exchange Coinsquare of market manipulation and misleading clients about trading volumes.The OSC alleged Coinsquare, which has been accused of wash-trading and reports of a hack, had “engaged in conduct contrary to Ontario security laws.” The regulator also named founder Virgile Rostand,
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Canadian politicians are seeking answers after the half-brother of the prime minister was paid by the federal government to speak at a blockchain conference. Source
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A new ransomware called CryCryptor is targeting Canadian Android users. It is distributed via multiple websites that pose as portals for a government-backed COVID-19 tracing app.According to research published by ESET on June 24, CryCryptor appeared shortly after Canada's government announced a COVID-19 tracing app that utilizes voluntary information submitted
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Consumer advocacy group Public Citizen is trying to stop Canadian bitcoin miner DMG Blockchain from plugging its mining rigs into the American power grid. In a letter published Thursday, the nonprofit implored the U.S. Department of Energy (DOE) to scrutinize, if not outright reject, DMG Blockchain’s bid to export U.S. electricity
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The Royal Canadian Mounted Police, or RCMP, in Burnaby, a district of Vancouver in British Columbia, reported a surge of Bitcoin (BTC) related scams across the city. This news comes amid recent reports of similar activity occurring across Canada.Authorities say scammers call their victim and impersonate a member of the
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