Canada

September 28, 2018 @ 11:10 am By Samantha Hurst  |  

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

September 27, 2018 @ 1:00 pm By Cali Haan  |  

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

September 25, 2018 @ 1:36 pm By Samantha Hurst  |  

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

September 18, 2018 @ 7:28 pm By Cali Haan  |  

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

September 17, 2018 @ 10:37 pm By Brady Fletcher  |  

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

September 12, 2018 @ 10:27 pm By Cali Haan  |  

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

September 11, 2018 @ 11:20 am By Cali Haan  |  

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

September 9, 2018 @ 4:49 pm By JD Alois  |  

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

September 7, 2018 @ 8:53 pm By Cali Haan  |  

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

September 6, 2018 @ 11:15 pm By Cali Haan  |  

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

September 6, 2018 @ 1:00 pm By Samantha Hurst  |  

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

August 30, 2018 @ 12:14 pm By Erin Hobey  |  

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

August 23, 2018 @ 10:26 pm By Samantha Hurst  |  

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

August 22, 2018 @ 12:36 pm By JD Alois  |  

Kin, a cryptocurrency powered ecosystem that wants to help brands better connect with their customers, has received approval from Apple to launch their iOS app on the app store. Kinit, as it is called, was released on Google Play for Android last month and Kin… Read More

August 21, 2018 @ 11:18 am By JD Alois  |  

Polymath, the a securities token platform, and V Stock Transfer, a stock transfer and registrar firm, have jointly announced a new collaboration that should enable Polymath to integrate with the V Stock platform thus facilitating transfer and registration of security tokens. Security tokens are effectively… Read More

August 20, 2018 @ 4:03 pm By Samantha Hurst  |  

Travelers, a U.S.-based insurance firm, has reportedly acquired a major stake in Canadian insurtech startup Zensurance. Founded in 2016, Zensurance claims it is leading the technology revolution in the insurance industry. The company, which uses data and analytics to identify most common risks, is able to… Read More

August 17, 2018 @ 1:34 am By Cali Haan  |  

Playboy Enterprises, the company that publishes the famous nude magazine, is suing a Vancouver-based crypto tech and investment company for fraud and breach of contract, The Los Angeles Times reports. Playboy claims that Global Blockchain Technologies (GBT) has failed to follow through on an agreement to,… Read More

August 16, 2018 @ 8:27 am By Samantha Hurst  |  

On Thursday, regtech company iComply Investor Services announced it is launching its public beta following the closure of a seven-figure seed round that was covered by Coindesk earlier this week. The company reported that its software combines KYC, AML, blockchain forensics, source of funds reporting, secondary trade… Read More

August 15, 2018 @ 7:36 am By JD Alois  |  

Toronto based Blockstation has signed an agreement with the Jamaica Stock Exchange (JSE) to provide digital currency and token trading including settlement, trading and more. Blockstation is a company that provides existing stock exchanges to transition to a blockchain based transactions. Initially known as the… Read More

August 14, 2018 @ 4:37 pm By Samantha Hurst  |  

Progressa, a Vancouver-based financial technology company focused on helping sub-prime and near-prime Canadians seeking to improve their financial health, announced on Tuesday it secured $84 million through its latest equity funding round, which was led by Canaccord Genuity and Gravitas with participation from Eight Capital and Paradigm… Read More