Cryptocurrency Analysis and News Portal
The Canadian Securities Administrators published new guidance for the local crypto industry Wednesday, warning exchanges and other platforms they would have to abide by "enhanced investor protection commitments." Source
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Not even 24 hours after the Canadian University Dubai (CUD) announced its partnership with Binance Pay to accept course fees in cryptocurrencies, a technical roadblock watered down the excitement behind the short-lived initiative.CUD, a private university in Dubai, was seemingly interested in allowing students — both domestic and international —
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“It’s not unexpected” for Cumberland to announce support for crypto transactions denominated in Canadian dollars, said Alex McDougall, president and CEO of Stablecorp, a fintech firm that created QCAD, a stablecoin pegged to the Canadian dollar. “It will be interesting to see if the entry of a major global player
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Hydro-Québec's CEO Sophie Brochu to leave company on April 11. Source
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The combination would create the country’s largest cryptocurrency exchange. Source
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According to user reports on Jan 10, cryptocurrency exchange Crypto.com plans to delist Tether (USDT) for Canadian users effective Jan 31, 2023. According to the firm, if users do not withdraw or convert their USDT assets by the deadline, then their Tether will be automatically converted into USD Coin (USDC). "You
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The move comes after the Canadian Securities Administrators committed to stronger oversight over crypto exchanges following FTX’s collapse. Original Source
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More than 100 bitcoins tied to the defunct Canadian crypto exchange QuadrigaCX were transferred out of cold wallets thought to be beyond anyone’s control over the weekend. Original Source
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According to the email, the breach exposed “customer names, email addresses, residential addresses, phone numbers, dates of birth, device IDs, public wallet addresses, transaction history, and account balances.” Although the email was sent yesterday, Coinsquare discovered the breach last week and notified customers via Twitter. Source
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Just a month after becoming the first Canadian crypto trading platform to get registered by the Investment Industry Regulatory Organization of Canada (IIROC), Coinsquare suffered a data breach that compromised users' personal information. On Nov. 19, Coinsquare had to temporarily shut down operations to investigate an unusual activity on its platform.
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