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...
The rise and fall of Canada’s ‘Crypto King’ Aiden Pleterski
In December 2022, in the middle of the night, 25-year-old Aiden Pleterski was kidnapped in downtown Toronto. His captors released the self-proclaimed “Crypto King” after three days but under threat – Mr Pleterski had to come up with some money,...
Reaching New Target Markets for Your Business
Expanding your business to reach new target markets is a crucial strategy for growth and sustainability. It involves identifying new customer segments, understanding their needs, and effectively tailoring your marketing efforts to attract and retain them. Here are some essential...
