Canada

Evoke Capital Integrates With KoreConX’s KorePartners Ecosystem

KoreConX  announced earlier this week that Evoke Capital will now be integrated into its KorePartners ecosystem. The KorePartner ecosystem is a group of selected companies that support the KoreConX security token protocol and adhere to KoreConX’s strict governance standards. Evoke Capital is described as an online… Read More

Scammers Impersonate Canadian Tax Authority, Threaten to Deport Recent Immigrant, Use Bitcoin ATM to Steal $62 500

Telephone scammers pretending to be representatives from the Canada Revenue Agency (CRA) recently used threats of deportation and a bitcoin ATM to defraud a recent immigrant in Charlottetown PEI out of $65 000, CBC reports. Now a Charlottetown court has ruled that the Bitcoin ATM… Read More

CIBC Has Frozen $28 Million of Vancouver Crypto Exchange’s Funds Since January

Vancouver-based cryptocurrency exchange QuadrigaCX has been defending itself in court for the release of $28 million dollars in customer funds frozen by the Canadian Imperial Bank of Commerce (CIBC) since January, the Globe and Mail reports. According to court documents filed by CIBC in the… Read More

Seed&Spark Announces Canadian Expansion: Now Offering New Funding Options for Canadian Creators

Seed&Spark, the independent film crowdfunding platform, announced on Friday its expansion into Canada. The U.S.-based funding portal confirmed it launched full access of its services to Canadian creators. Seed&Sparks reported included in the expansion is support for Canadian currency, compliance with local tax regulations and… Read More

Mike Novogratz Downgrades Bitcoin Price Prediction, Says it Won’t Break $9000 in 2018

Mike Novogratz, creator of cryptocurrency merchant bank Galaxy Digital, told and audience at the Economist Finance Disrupted conference in New York this week that he does not expect Bitcoin to surpass the $9000 USD mark this year, CNBC reports. Novogratz’ latest call contradicts a number… Read More

Canadian Crypto Exchange Coinsquare Announces Official Partnership with Unnamed “Big Five Bank”

One of Canada’s main cryptocurrency exchanges, Toronto-based Coinsquare, has announced it has secured a banking partnership with on of Canada’s top five banks. The bank has so far gone unnamed. In a press release issued to announce the venture, Coinsquare says it is, “one of… Read More

Canadian Fintech Mylo Set to Launch Registered Accounts & Socially Responsible Investing Through Premium Service Mylo Advantage

Canadian fintech Mylo Financial Technologies announced on Tuesday it is set to launch registered accounts and socially responsible investing through its new premium service, Mylo Advantage. According to Mylo, the newest offering furthers its social mission to help Canadians achieve their financial goals by delivering an effortless way… Read More

Government of Canada Announces New Advisory Committee on Open Banking

The Government of Canada announced earlier his week that Minister of Finance Bill Morneau has launched an advisory committee specifically for Open Banking. According to government officials, the committee is considered the first step in a Government of Canada review of the potential merits of… Read More

SEC Says Canadians Accused of “Plexcoin” ICO Fraud Refusing to Cooperate

The SEC told a New York courtroom Tuesday that two defendants accused of selling a fraudulent ICO (initial coin offering) called “Plexcoin” have been ignoring court orders to document their assets and are refusing to “participate meaningfully” in an SEC court action against them. According… Read More

Canada’s Tangerine Bank Announces New Partnership With Digital Banking Solutions Provider Meniga

Canadian direct bank Tangerine announced on Tuesday it has formed a partnership with digital banking solutions, Meniga. According to Tangerine, the new collaboration allows Tangerine to deploy Meniga’s digital banking solutions to all its clients, as part of its commitment to providing innovative solutions that help Canadians… Read More

Assets of Deceased Alpha Bay Dark Net Market Founder Forfeited in California Court

AlphaBay Market

All the known assets of Alexandre Cazes, a 34-year-old Quebcois accused of running the AlphaBay Marketplace, were forfeited in a default judgement by the US government in a California courtroom September 6th after no one appeared to contest the forfeiture, court documents indicate. The assets,… Read More

Perspective: Equity Crowdfunding Isn’t Your Only Option

Options Menu Choices Decision

Sugru is a good product. The moldable glue is pliable and somewhat resembles modeling clay, although it cures to a rubber-like texture. It adheres well to glass, leather, metals, and even plywood. In 2010, Time Magazine dubbed it one of the 50 best inventions of the year,… Read More

Town of Midland, Ontario Forced to Pay Bitcoin in Ransomware Attack

A small town about 2 hours north of Toronto is being forced to pay bitcoins to have access to its computer systems restored by hackers, the Midland Newsroom reports. “In the early hours of Saturday, September 1, the Town of Midland became the victim of… Read More

Bitcoin Mutual Fund Now Available in Canada

A bitcoin mutual fund, “the first investment product of its kind in Canada and the only open-ended Bitcoin fund approved by the Canadian regulators,” is now available to accredited investors in Canada. The First Block Capital Bitcoin Trust (FBCBT) is the product of a partnership between NEO… Read More

Publicly Traded Atlas Blockchain Comments on Trading Activity

Atlas Blockchain Group, formerly known as “Atlas Cloud Enterprises” (CSE:AKE) (FRANKFURT:A49) (OTCQB:ATLEF), has issued a statement regarding recent trading activity of its shares on the OTCQB. Atlas is an IT service provider that wants to become the lowest cost producer in the blockchain and digital currency… Read More

Vancouver Judge Orders Man Who Claims He Lost Employer’s Crypto to Turn Over “Dead” Computer, Does Not Freeze Assets

A judge in Vancouver, BC has ordered Jason Bradley Arnold, a former COO at the Shair.com marketing firm, to hand over his purportedly “dead” laptop as well as access to his digital currency wallets. Judge Ronald Skoolrod, however, refused to order “a Mareva injunction” in… Read More

Redditors Claim Sudden LayOffs and Security Crackdown at Kraken Crypto Exchange’s Halifax Branch

An employee at a Halifax leg of the Kraken crypto exchange that few knew existed has claimed that employees were suddenly laid off yesterday morning in a high-security atmosphere. The thread was started by “throwaway34034324” on reddit: Redditor “MysteriousPlankton” confirmed within hours that Kraken gathered its Halifax employees… Read More

Flexiti Receives $80 Million Mezzanine Debt Facility From Credit Suisse Asset Management

Canada-based point-of-sale financing and payment tech provider Flexiti announced on Thursday it has received an $80 million mezzanine debt facility from Credit Suisse Asset Management. This news comes just a few months after Flexiti acquired TD Financing Services’ (TDFS), a Canadian private label credit card portfolio. … Read More

Gotta Dash! New Partnerships with Coincards.ca, SugarTrends, Bit2Me & Introducing New DIP-5 Blockchain Users

During the past week, Dash, a digital currency for payments and e-commerce, announced an integration with CoinCards.ca, Germany-based SugarTrends, Spain-based Bit2Me and a new DIP. Canadian-based Coincards.ca, one of the few retail gift card companies specializing in cryptocurrency as a form of payment, company allows customers to… Read More

Canadian Crypto Exchange Coinsquare Announces European Expansion Plans

Just a little over a month after announcing its expansion plans into Japan with DLTA 21 Blockchain Corp., a Canadian blockchain investment bank, Canadian cryptocurrency Coinsquare announced its upcoming European expansion efforts, which is set for fourth quarter 2018. According to Coinsquare, European customers will have… Read More

Send this to a friend