Canada

Kraken Goes Savage Against Tether Manipulation Allegations

2 weeks ago admin2 Comments Off on Kraken Goes Savage Against Tether Manipulation Allegations
News Following a Bloomberg News expose, alleging market manipulation of controversial alternative token Tether (USDT) on its exchange, Kraken fires off a savage blog post mocking journalists and defending their business’ integrity. Also read: Red Flag Waved in Tether’s Relationship with Kraken Exchange Kraken Goes Savage On Bloomberg On Tether: Journalists Defy Logic, Raising Red Read More

Hackers Demand $1 Million in XRP After Bank Data Theft

2 months ago admin2 Comments Off on Hackers Demand $1 Million in XRP After Bank Data Theft
Hackers who stole information on thousands of Canadian bank users have demanded $1 million-worth of the cryptocurrency XRP to not release the data trove. According to a CBC News report Tuesday, the two banks hit by the breach, Bank of Montreal and CIBC’s online bank Simplii Financial, have said that the personal information of a total of Read More

National Government Digital Currencies Versus Globally Distributed Cryptocurrencies: in Depth

2 months ago admin2 Comments Off on National Government Digital Currencies Versus Globally Distributed Cryptocurrencies: in Depth
The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph.com. As society starts to move away from cash, central banks’ potential to reap profits off issuing that cash could be threatened. Many governments are worried about the mass adoption of cryptocurrencies and hence are Read More

Indians abroad are again sending tonnes of money back home

3 months ago admin2 Comments Off on Indians abroad are again sending tonnes of money back home
India’s overseas population is back to sending home huge sums of money—even more than what the World Bank expected. In 2017, India received $69 billion in remittances, higher than any other country. This is also higher than the earlier World Bank estimate of $65 billion and marks a nearly 10% rise over the previous year, Read More

IBM And Major Banks Blockchain Partnership Reports First Live Pilot Transactions

3 months ago admin2 Comments Off on IBM And Major Banks Blockchain Partnership Reports First Live Pilot Transactions
IBM’s partnership with international banks to develop a Blockchain trade finance platform called Batavia has resulted in the platform’s first live pilot transactions, according to a press release published today, April 19. IBM, the Bank of Montreal (BMO), CaixaBank, Commerzbank, Erste Group, and the United Bank of Switzerland (UBS) began work on the initiative last Read More

Hyperblock to Acquire Cryptoglobal for $106m and Create Mining Behemoth

3 months ago admin2 Comments Off on Hyperblock to Acquire Cryptoglobal for $106m and Create Mining Behemoth
Mining The cryptocurrency mining market in North America is facing a major consolidation as one of the biggest players is taking over another. The resulting combined company will be publicly traded and control over 21,000 rigs, consuming 28 MW of power and with an ability to grow to over 90 MW.    Also Read: Bitcoin Read More

Snapchat is hiding over 1 million eggs across the US and Canada for a Pokémon Go-style egg hunt

4 months ago admin2 Comments Off on Snapchat is hiding over 1 million eggs across the US and Canada for a Pokémon Go-style egg hunt
Snapchat is holding a three-day-long virtual egg hunt for over 1 million eggs it spread across the US and Canada, in hopes of boosting users’ flagging interest. Published March 30, 2018  |  Photo by Reuters/Lucas Jackson 1 million The game is similar to Pokémon Go. Users follow the eggs shown in Snap Map, the app’s map Read More

Crypto Mining Company Hut 8 Commences Trading On Toronto Stock Exchange

4 months ago admin2 Comments Off on Crypto Mining Company Hut 8 Commences Trading On Toronto Stock Exchange
Image by FabreGov via Shutterstock.com Hut 8 Mining Corp., a cryptocurrency mining and blockchain infrastructure company, began trading on the TSX Venture Exchange on Tuesday, “a milestone for the growth of blockchain and cryptocurrency companies,” according to Valery Vavilov, CEO of the BitFury Group and a member of the board of directors of Hut 8. Read More

Trump’s tariff threats are actually improving NAFTA negotiations

4 months ago admin2 Comments Off on Trump’s tariff threats are actually improving NAFTA negotiations
Donald Trump threw a dynamite stick into the renegotiation of the North American Free Trade Agreement last week, by calling for import tariffs on steel and aluminum. He continued the attack on Monday by suggesting that the only way Canada and Mexico—the US’s NAFTA partners and two of its biggest suppliers of steel—could avoid the Read More

Shakepay Launches Cryptocurrency Mobile Wallet In Private Beta

5 months ago admin2 Comments Off on Shakepay Launches Cryptocurrency Mobile Wallet In Private Beta
Montreal-based fintech startup Shakepay has announced the release of its digital wallet in private beta. The mobile app allows Canadian users to buy and sell Bitcoin and other cryptocurrencies, directly from their phones. Through the mobile app, Shakepay users can transact with one another, interact with the blockchain, and move in and out their funds Read More