Ripple, a prominent provider of blockchain and cryptocurrency solutions, announced on Thursday the opening of a new office in Canada. In the face of the ongoing massive selloff and job cuts in the cryptocurrency market, the San Francisco-based crypto startup is still eyeing expansion, unfazed by the instability. Ripple plans...
I hate to be the guy who keeps saying I called it, but for a long time, I’ve had a funny feeling about the Celsius Network Ltd., the New Jersey company that shut down services abruptly on June 12 and sparked the recent cryptocurrency crash. And I can prove it....
The Canadian operations of Big Four auditor Klynveld Peat Marwick Goerdeler, or KPMG, may have a role to play in institutions entering the crypto space, according to two team members. Speaking to Cointelegraph at the Collision conference in Toronto on Tuesday, Kareem Sadek and Kunal Bhasin of KPMG Canada’s crypto...
TSX-listed Voyager Digital Ltd.’s VOYG-T stock lost half its value in a single day after management warned of a potential default on a US$655-million loan to a troubled hedge fund, as investors continue to fear financial contagion owing to the crypto sector’s recent crash. Voyager, which went public in Canada...
Sam Bankman-Fried speaks at the Crypto Bahamas conference in Nassau on April 27.Erika P. Rodriguez/The New York Times News Service Bahamas-based FTX Exchange, one of the world’s largest cryptocurrency companies, plans to officially launch its business in Canada by acquiring Bitvo Inc., a Calgary-based cryptoexchange that is regulated by all...
Kevin O’Leary believes the major dips in the cryptocurrency market this week are just the beginning of a wider meltdown, and expects the next fall for crypto to be much bigger.Chris Young/The Canadian Press Cryptocurrencies are in free fall. One of the world’s largest crypto exchanges is cutting nearly a...
According to a report released by the Bank of Canada, the number of bitcoin holders doubled from 5% in 2020 to 13% in 2021. As the cryptocurrency market experiences one of its worst dips, there is a silver lining, especially if you live in Canada. In a report released five...
