Canada

Cleaning Up Crypto Exchange Wash Trading Will Take Global Regulation

When Bitwise Asset Management declared in a March 2019 presentation to the United States Securities and Exchange Commission that 95% of the Bitcoin (BTC) trading volume being reported globally on cryptocurrency exchanges was “fake,” it jolted rating firms, exchanges and the larger crypto world. Data analytics firms recalibrated their exchange ranking metrics, and some assumed …

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Coinsquare Exchange Execs to Resign Over Wash Trading Scandal

Canada-based crypto trading platform Coinsquare has agreed to settle with the Ontario Securities Commission (OSC) after it was found senior executives told employees to make fake trades on the platform. Disclosure The leader in blockchain news, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of …

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Canadian Regulator Accuses Coinsquare of Wash Trading

Canadian regulator Ontario Securities Commission (OSC) has accused embattled exchange Coinsquare of market manipulation and misleading clients about trading volumes. The OSC alleged Coinsquare, which has been accused of wash-trading and reports of a hack, had “engaged in conduct contrary to Ontario security laws.” The regulator also named founder Virgile Rostand, CEO Cole Diamond and …

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Canadian Regulator Accuses Coinsquare of Market Manipulation With Wash Trades Worth 590K BTC

700,000 Expedia Hotels Can Now Be Paid With Cryptocurrencies via Travala More than 700,000 Expedia Group hotels and accommodations are now available via crypto-friendly travel booking platform Travala. Bookings can be paid with more than 30 cryptocurrencies, including bitcoin. Despite covid-19, Travala saw a 170% increase in booking revenue from its … read more. Bitcoin.com …

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Report Cuts China’s Bitcoin Mining Capacity to 50% of World Total, Raises US’ to 14%

700,000 Expedia Hotels Can Now Be Paid With Cryptocurrencies via Travala More than 700,000 Expedia Group hotels and accommodations are now available via crypto-friendly travel booking platform Travala. Bookings can be paid with more than 30 cryptocurrencies, including bitcoin. Despite covid-19, Travala saw a 170% increase in booking revenue from its … read more. Bitcoin.com …

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Toronto Options Exchange Picks BNC to Power Crypto Markets

Digital asset data firm Brave New Coin (BNC) has inked a multi-year deal with the Toronto Futures Options Swaps Exchange (tFOSE) to power its crypto options trading. BNC’s data will enable the new Canadian derivatives exchange and clearinghouse to offer cash-settled crypto derivatives to global clients. The partnership will see BNC “design, calculate, and administer …

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Bitcoin Miner Hut 8 to Add 275 PH/s of Mining Capacity With $8.3M Capital Raise

Crypto 101: How to Send and Receive Bitcoin Cash Via the Bitcoin.com Wallet During the last few months in the midst of the coronavirus outbreak and faltering global economy, many individuals have shown an interest in bitcoin and other cryptocurrencies. However, oftentimes people can find the process a bit daunting because they are … read …

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US Regulators Target Bitcoin ATMs: 88% of the Funds Exit the Country via Machines

Bitcoin automated teller machines (BATMs) will become the next target for regulators, as world governments tighten screws on money laundering. According to Ciphertrace CTO John Jeffries, crypto-cash machines will attract “greater…regulatory focus” in a bid to rein-in alleged cross-border illicit financial transfers. Jeffries urged “the need for more uniform regulatory enforcement and compliance” as governments …

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Canadian University Adds Two Blockchain Programs to Meet Job Demands

Canada’s York University School of Continuing Studies today announced two new university-level continuing blockchain programs — the part-time Certificate in Blockchain Development and the full-time Post-Graduate Certificate in Back-End and Blockchain Development. The university said their new courses aim to meet the rising demand for blockchain developer roles in Canada, especially in the Greater Toronto …

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Crypto.com to Expand Its MCO Visa Card Service to Canada

Leading cryptocurrency payments platform Crypto.com announced that it has received regulatory approval for its Visa card program in Canada, and will soon be rolling out MCO Visa cards in the country.  MCO Visa cards are prepaid cards that can be topped up with cryptocurrencies including Bitcoin (BTC), Ether (ETH), Litecoin (LTC), XRP, and Crypto.com’s native …

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