Bitcoin price could rally even as global trade war rages on — Here is why
Crypto and equities traders were hopeful for a last-minute solution that would prevent the US from enacting 104% tariffs on Chinese goods entering the United States, but in a press conference, the White House confirmed that the tariffs would start...
Bitcoin relief rally fizzles as White House confirms 104% China tariffs — Will BTC fall...
Bitcoin’s surprise rebound to $81,180 — which was influenced by fake news regarding a pause on US tariffs — has all but evaporated following White House confirmation that 104% tariffs on China will start on April 9. S&P 500 drops...
How cryptocurrency investment fraudsters are tricking victims out of millions and what the OPP is...
The Ontario Provincial Police has launched a new initiative to help protect people from global cryptocurrency fraud. Project Atlas, an initiative of the OPP’s Cyber-Enabled Fraud Team, has a focus of disrupting organized fraud, supporting victims in the recovery of...
HBO documentary suggests mysterious Bitcoin creator is Canadian software developer
A new HBO documentary about the origins of Bitcoin suggests that Satoshi Nakamoto, the pseudonymous creator of the original cryptocurrency, is likely Canadian software developer Peter Todd. Called “Money Electric: The Bitcoin Mystery,” the 100-minute film on Tuesday features interviews with a handful...
KPMG survey reveals significant uptick in institutional adoption of crypto in Canada
The Canadian financial sector witnessed a significant uptick in crypto adoption in 2023, according to a recent survey by KPMG in Canada. Financial firms offering crypto products and services increased by 22% from 2021, while institutional investors incorporating crypto into their portfolios...
Amount of energy needed for Bitcoin mining has doubled in Canada this year, study finds
A recent study on the cryptocurrency’s global energy consumption found that the amount of power required to mine one Bitcoin has doubled since April’s halving event, when the reward for one block went from 6.25 to 3.125 BTC. Article content In Canada, about...
Know when to FODL’em: U of T expert says Bitcoin investors need to learn from...
If you found this week’s swoon in stocks difficult to stomach, spare an antacid tablet for those who recently loaded up on cryptocurrencies like Bitcoin. Built on a distributed ledger technology called blockchain, Bitcoin has lost about 70 per cent of...
U of T’s Creative Destruction Lab joins global group pursuing a new, more stable cryptocurrency
Bitcoin has lost 70 per cent of its value since hitting an all-time high in mid-December, with investors making some predictable missteps along the way, Lisa Kramer says (photo by Zach Copley via Flickr) Published: February 6, 2018 By Chris Sorensen If...
It’s scary: 3 Ontario men lose $373,000 to crypto investment fraud
Three men across Ontario are speaking out after losing hundreds of thousands of dollars to a cryptocurrency investment scam, including one man in Brampton who lost $226,000. “I started with $1,200 and within two weeks I was at like $3,000,”...
Ontario’s Crypto King lied about income, has ‘no remorse,’ trustee’s lawyer tells bankruptcy hearing
A lawyer for the trustee in Ontario’s self-described Crypto King’s bankruptcy proceeding told a Toronto court Wednesday morning that Aiden Pleterski has no remorse for his actions operating a Ponzi scheme and is continuing to cause his investors financial hardship by failing...
