Canada Financial News

19.12 / 10:03

FTX Insurers Keep Away From FTX-Linked Crypto Firms As Contagion Risk Rises

FTX: Exclusions may act as a failsafe for insurers. (File)

19.12 / 09:15

cryptocurrency FTX crypto firms Bitcoin Insurers shun FTX-linked crypto firms as contagion risk mounts

Insurers are denying or limiting coverage to clients with exposure to bankrupt crypto exchange FTX, leaving digital currency traders and exchanges uninsured for any losses from hacks, theft or lawsuits, several market participants said.

15.12 / 19:49

business coinbase transactions ERC-20 Coinbase launches tool to recover 'mistakenly sent' ERC-20 tokens

Major cryptocurrency platform Coinbase has offered an asset recovery tool for users who “mistakenly send unsupported tokens” to exchange addresses.

14.12 / 17:51

business NASDAQ Bitcoin Bitfarms share price Nasdaq warns Bitcoin mining firm Bitfarms about share price deficiency

The Canadian Bitcoin (BTC) mining firm Bitfarms is facing compliance challenges over its listing on Nasdaq due to the ongoing cryptocurrency winter.

13.12 / 17:39

business regulation Trading Canada bans crypto leverage and margin trading after FTX collapse

Authorities in Canada are taking measures to better protect Canadian cryptocurrency investors in the aftermath of the FTX collapse and the spreading contagion.

13.12 / 00:41

European Parliament Snow London elon Elon Musk has second stab at Twitter Blue paid subscription

Elon Musk once again tried to launch a paid subscription for Twitter on Monday, after a first attempt marred confusion and the influx of fake accounts.

09.12 / 19:03

Sport SEC Deal Fried Sam week Today in Crypto: Sam Bankman-Fried to Testify Next Week, Regulators Postpone FTX Japan’s Suspension, Amber Group Ends $25M Deal with Chelsea FC

Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________

08.12 / 18:03

business Koinly Many Koinly staff point to poor communication, CEO in global layoffs

Crypto tax firm Koinly announced cuts of up to 14% of its global team in response to the “intensifying bear market” — but many employees have pushed back against this narrative.

08.12 / 14:29

Terrorism coup Germany bracing for 'second wave of arrests' in far-right 'coup plot' case

German authorities expect further raids and arrests in connection with an alleged plot to storm the parliament in Berlin and overthrow the government.

08.12 / 11:17

European Union How a year of Olaf Scholz has changed and shaped Germany

Olaf Scholz has not been dealt the best of hands. Replacing Angela Merkel after her 16 years of steady -- if staid -- rule was never going to be easy.

08.12 / 11:17

European Union Schengen: Croatia set to join but Austria 'main hold-out' against Romania and Bulgaria

The enlargement of the passport-free Schengen Area to take in Romania and Bulgaria has been put in serious doubt ahead of an expected vote on Thursday.

08.12 / 09:11

European Union 'Culture of impunity' across EU over violence against migrants, NGO warns

Migrants attempting to reach Europe are now almost always subjected to some form of violence at the hands of authorities, according to a new NGO report.

08.12 / 09:11

European Union Ukraine war. Germany's Scholz says nuclear weapons risk has diminished

The risk of Moscow using nuclear weapons in the Ukraine conflict has diminished because the international community "has drawn a red line" at Russia, according to German Chancellor Olaf Scholz.

07.12 / 21:03

Target end Bank of Canada Lifts Interest Rates by Half Point, Signals End of Tightening

OTTAWA—The Bank of Canada raised its main interest rate by a half-percentage point and signaled it is at or near the end of its rapid-fire tightening campaign because of slowing growth and early signs of easing price pressures.

07.12 / 09:23

Adoption freeze Iran set to freeze bank accounts of women who refuse to wear a hijab

A member of the Iranian parliament has told local media the government plans to impose new punishments on women who do not wear a hijab in public, with individuals who refuse to comply after two warnings possibly having their bank accounts frozen.

05.12 / 16:25

European Union Football Trade war over green subsidies looms large over EU-US tech summit

The shadow of an imminent trade war over green subsidies is looming large at a high-level EU-US summit taking place on Monday.

03.12 / 16:57

European Commission G-7 Sets Russian Oil Price Cap of $60 a Barrel

The Group of Seven advanced democracies agreed to cap the price of Russian crude oil at $60 a barrel, moving forward with an unprecedented sanction on one of the world’s largest oil producers months after its invasion of Ukraine.

01.12 / 03:41

Digital CEO Platform Software Utherverse Partners with Tokensoft to Launch IDO for Native Metaverse Token

Disclaimer: The Industry Talk section features insights by crypto industry players and is not a part of the editorial content of Cryptonews.com.

29.11 / 15:49

HSBC HSBC sells Canadian arm to Royal Bank of Canada for $10bn

Royal Bank of Canada said 29 November it has reached an agreement to acquire HSBC Canada for $10.1bn in cash.

26.11 / 20:35

Government ETF Bitcoin bitcoin etfs Canada crypto regulation: Bitcoin ETFs, strict licensing and a digital dollar

In October, Toronto-based Coinsquare became the first crypto trading business to get dealer registration from the Investment Industry Regulatory Organization of Canada (IIROC). That means a lot as now Coinsquare investors’ funds enjoy the security of the Canadian Investment Protection Fund in the event of insolvency, while the exchange is required to report its financial standing regularly.

26.11 / 13:29

business Adoption data IIROC-registered Canadian crypto exchange Coinsquare suffers data breach

Just a month after becoming the first Canadian crypto trading platform to get registered by the Investment Industry Regulatory Organization of Canada (IIROC), Coinsquare suffered a data breach that compromised users' personal information.

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