WonderFi spent $3.6 million on ransom and security upgrades in connection with CEO’s kidnapping last year
In the crypto world, high-profile figures face significant security risks.
Web3
Crypto exchange Kraken gains restricted dealer licence and new leader of Canadian operations
Cynthia Del Pozo takes the place of Alex Mehrdad, who held the role for just over a year.
Optimism continues in Canadian decentralized finance as DeFi and WonderFi report major gains year-over-year
A US administration more favourable to crypto has DeFi companies anticipating another year of growth.
Consensus 2025 to spotlight builders with PitchFest and three-day blockchain hackathon
Early bird applications open for EasyA Consensus Hackathon.
Consensus 2025 crypto conference will feature WonderFi’s Dean Skurka and Coinbase Canada’s CEO
The first Toronto edition also includes talks from PayPal and Chainlink.
WonderFi plots expansion beyond crypto into multi-asset trading with Eightcap
Crypto firm aims to work with Australian FinTech partner to give Bitbuy and Coinsquare users access to derivatives.
University of Waterloo to open GENESIS, a new blockchain and AI research lab
New facilities supported by $1.4-million donation from professor-founded blockchain startup Interop Labs.
Shakepay bolsters regulatory standing with CIRO membership
First Québec-based crypto exchange to earn investment dealer status.
Spexi raises $16.2-million CAD Series A for blockchain-based drone imagery network
Startup’s long-term goal is to reward drone pilots on its platform with a native crypto utility token.
BC Securities Commission fines ezBtc owner $18.4 million over crypto fraud
CBSC previously found crypto platform had diverted one-third of customer deposits to personal accounts.
WonderFi and Kraken Canada each break $2-billion CAD mark for assets under custody
Kraken’s Canadian operation exceeds $2 billion as WonderFi reports a 110 percent growth since year-end 2023.
Noble closes $15-million USD Series A to fuel growth of its digital asset issuance platform
Web3 startup aims to help stablecoin issuers after the “carnage” wrought by Terra’s 2022 collapse.
WonderFi CEO Dean Skurka kidnapped, released after reportedly paying $1-million ransom
WonderFi says it is providing “full cooperation to the Toronto Police Service on this active investigation.”
Balance becomes Canada’s second qualified digital asset custodian
As a “proper local alternative,” Balance aims to bring crypto assets stored in US back home.
Bitcoin infrastructure unicorn Blockstream raises $289 million CAD to boost mining operations
Repeat investor Fulgur Ventures led the financing round, bringing the Bitcoin giant’s total funding to over $822 million…