County Ontario Financial News
06.07 / 08:17
Citi
Provident
Extreme
ICE
Uncharted
Earth
week
record high
Hottest week on Earth: Global temp at ‘unofficial’ record high for second day
climate change, primarily driven by the burning of fossil fuels. They also noted that the natural cooling phenomenon known as La Nina is transitioning to El Nino, which is characterized by warming oceans. The North Atlantic has experienced record warmth this year.
05.07 / 15:33
COST
Citi
Lowe's
Cooper
Align
Ontario urged to act as housing crisis spreads from cities to communities across province
Ontario needs to incentivize the development and preservation of a range of affordable housing options as high housing costs limit buying power and fuel migration out of the province, a business group says.
04.07 / 13:27
Conservatives
Support
Conservatives edge ahead of Liberals in voter support, breaking gridlock: poll
The gridlock between Liberal and Conservative supporters appears to have broken, new polling suggests, with the Tories edging slightly ahead.
03.07 / 19:45
Bitcoin
Hut 8
Hut 8 Is Keen On AI Computing As It Relocates 6,400 Rigs, Eyes Growth Amid Legal Battle
Bitcoin (BTC) mining firm Hut 8 has announced plans to relocate 6,400 rigs from its facility in Ontario, Canada as the demand for AI and high-performance computing surges.
03.07 / 10:57
Blockchain
Mining
Cloud Mining
Bitcoin
Hut 8 relocates 6,400 rigs, sees growth in AI and high-performance computing
Hut 8 Mining is seeing new demand for artificial intelligence (AI) and high-performance computing as it looks to reenergize some 6,400 rigs being moved from its inactive North Bay site in Ontario, Canada.
02.07 / 15:45
Wildfires
Does wildfire smoke smell like burnt plastic to you? There’s a reason
If you think you’ve smelt burnt plastic coming from lingering wildfire smoke, you may not be alone. There actually is a scientific reason for such a smell.
01.07 / 15:31
COST
Citi
Citizens
Microsoft
PINK
Why today's NRIs reflect old-fashioned India more than urban resident Indians
NRI population has gotten so large, that sometimes it feels larger than the population of India itself. Land in any major city in the world, and all you'll see are Indian faces. Sometimes you can hear more Hindi on the streets of London, New York, Dubai and San Francisco than English.
30.06 / 13:06
Brookfield
Brookfield increased loan to Compass ahead of $5.5-billion buyout
A unit of Brookfield Asset Management Inc. raised the size of a credit facility to Compass Datacenters LLC shortly before Brookfield and other investors struck a deal to buy control of the Dallas-based company.
30.06 / 13:05
UPS
Progressive
Gap
Ontario’s explosive population growth could come with an economic catch
Ontario’s surging population growth is being driven by an increase in non-permanent residents that might not last, putting the province’s economic growth on potentially shaky ground, according to a new report from Desjardins Economics.
30.06 / 13:05
UPS
CEO
Parke
National
A national crisis: Vehicle theft soared in 2022, led by Quebec and Ontario
TORONTO — Vehicle theft in multiple provinces surged last year, according to insurance industry group Equite Association.
30.06 / 13:05
UPS
Reuters
Platform
Enterprise
Teachers
Brookfield
Brookfield, Ontario Teachers' team up to acquire Compass Datacenters
Compass Datacenters will be acquired by a consortium run by Brookfield Infrastructure Partners L.P. and existing shareholder Ontario Teachers’ Pension Plan.
30.05 / 20:51
business
Law
Bitcoin Regulation
exits
regulatory
Crypto exchange Bybit exits Canada, citing ‘recent regulatory development’
Cryptocurrency exchange Bybit has announced it will be pausing its products and services to residents and nationals of Canada following certain developments in the regulatory space.
06.03 / 09:35
Dogecoin
Blockchain
Ethereum
Provident
Platform
Bitcoin
Ordinal
place
ODoge Solidifies its Place in Bitcoin and Memecoin History with Acquisition of First-ever DOGE Ordinal for 10BTC
Disclaimer: The text below is a press release that is not part of Cryptonews.com editorial content.
09.02 / 08:03
business
Mining
Bitcoin
Hut 8 merger would've happened even without FTX or crypto turmoil, says CEO
Crypto exchange FTX’s collapse and overall crypto market turmoil were not key factors in the decision to merge crypto mining firm Hut 8 with US Bitcoin Corp., according to Hut 8 CEO Jamie Leverton.
27.01 / 08:29
business
Mining
Energy
Court
Bitcoin
Power
Bitcoin Miner
Bitcoin miner Hut 8 takes stoush with Ontario power supplier to court
Canada-based Bitcoin (BTC) miner Hut 8 Mining Corporation has ramped up its ongoing fight with its power supplier for one of its mining sites, filing a lawsuit in a Canadian court.
11.01 / 01:31
business
Blockchain
Crypto.com delists USDT for Canadian users following OSC ban
According to user reports on Jan 10, cryptocurrency exchange Crypto.com plans to delist Tether (USDT) for Canadian users effective Jan 31, 2023. According to the firm, if users do not withdraw or convert their USDT assets by the deadline, then their Tether will be automatically converted into USD Coin (USDC).
16.12 / 02:15
VISA
regulation
emi
Crypto.com continues its worldwide registration push with Brazilian EMI license
Crypto.com has received a Payment Institution License (EMI) from Banco Central do Brasil, the central bank of Brazil. The license will allow it to “continue offering regulated fiat wallet services for customers in Brazil,” according to an announcement on the company’s website. Crypto.com has offered a Visa card in Brazil for purchases in cryptocurrency or fiat since last year.
07.11 / 17:03
Adoption
Europe
ATM
Bitcoin
Crypto Adoption: Number of Bitcoin ATMs in Canada Jumps 28% in One Year
The number of bitcoin (BTC) automated teller machines (ATMs) in Canada went up nearly 28% in a year and almost 190% in two years, according to data provided by Coin ATM Radar.
28.09 / 16:41
Adoption
regulation
regulatory approval
regulatory
Crypto.com scores fresh regulatory approval in France
Singapore-based digital asset platform Crypto.com scored a major regulatory approval in France. The digital asset platform was approved to register as a Digital Asset Service Provider (DASP) by the stock market regulator Autorité des marchés financiers (AMF). The approval was granted after the platform received clearance from the Autorité de Contrôle Prudentiel et de Résolution (ACPR), the financial regulator in the country.
18.08 / 14:27
18.08 / 06:43
business
Government
regulation
Ontario crypto exchanges impose $30K annual limit on altcoin buys
Canada-based crypto exchanges Bitbuy and Newton are enforcing a $30,000 (CAD) annual “buy limit” for "restricted coins" for their users based in Ontario in order to “protect consumers” amid tightened regulations.
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