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Canadian Government-Assisted Bitcoin Miner Files for Bankruptcy Owing Millions

Great North Data, a firm that ran bitcoin mining and AI processing data centers in Canada, has filed for bankruptcy. According to bankruptcy filings late in November, the firm has just 4.6 million Canadian dollars (US$3.5 million) in assets, but owes creditors CA$13.2 million (US$10 million), CBC News reported Wednesday.

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English Premier League Club Wolverhampton Wanderers Partners with Crypto Millions Lotto, the World’s Biggest Bitcoin Lottery

LONDON – November 19, 2019: Crypto Millions Lotto, the world’s biggest bitcoin lottery, is proud to announce that it is the “Official Online Lottery Partner” of English Premier League club Wolverhampton Wanderers F.C., better known as Wolves.  The partnership is groundbreaking. While many Premier League clubs have collaborated with sports betting partners,

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US Prosecutors Indict BTC-e Crypto Exchange, Seek Millions in Penalties

United States prosecutors have filed a complaint against now-defunct crypto exchange BTC-e and its suspected operator Alexander Vinnik, according to a document filed in the Northern District of California on July 25.Per the filing, the Financial Crimes Enforcement Network (FinCEN) determined civil penalties for BTC-e and Vinnik last year,

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Justin Sun’s Failure to Distance TRON from Crypto Ponzi Scheme Cost Victims Millions

TRON CEO Justin Sun is facing backlash yet again because of his silence on a controversy as the TRON community is left to deal with the aftermath.A Ponzi scheme in China affiliated itself with TRON and robbed victims out of millions of dollars. Sun was reportedly approached to clarify TRON’s

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Canadian Startup Wants to Upgrade Millions of ATMs to Sell Bitcoin

Canadian exchange Coinsquare has acquired software allowing traditional ATMs to sell cryptocurrency such as bitcoin (BTC), according to a press release on July 3.Coinsquare announced a controlling investment in Just Cash, a United States-based fintech startup that has developed a software that allows users to purchase crypto directly through

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