As stablecoin compliance deadline looms, Canada’s crypto industry calls for consultation
Coinbase, Kraken, Wealthsimple, WonderFi among those urging CSA to reconsider crackdown on fiat-backed stablecoins.
Web3
Blockchain startup Hivello raises $3.3 million CAD in pre-seed funding
Hivello wants to democratize access to Web3 projects.
Tokens.com blazes in asset sale to StoryFire
The Web3 business has also put its domain up for sale.
Bagel Network closes $4.18 million CAD for machine learning data network
Startup aims to help teams train AI models on better data.
ArenaX Labs closes $6 million to develop AI-powered battle game
ArenaX plans to introduce a Web3 iteration of the game, which would allow players to vie for prizes.
Alberta Securities Commission orders crypto exchange Catalyx to cease trading following security breach, loss of assets
Catalyx announced the security breach one week after the ASC issued its initial cease trade order.
Bitkey lead calls Canada an important market as Block launches new self-custody Bitcoin wallet worldwide
Block bills Bitkey as a simpler alternative to other self-custody Bitcoin storage options.
Montréal FinTech firms target payments with latest offerings
Both Flinks and Shakepay reveal new payment services for businesses and consumers.
Hoping to be the go-to platform for blockchain devs, Uniblock secures $3.1 million CAD
Uniblock aims to unify fragmented blockchain tools into a single platform.
WonderFi-owned Bitbuy acquires customers of fellow regulated Canadian crypto exchange Bitvo
The move comes a year after the collapse of Bitvo’s deal with would-be acquirer FTX.
Tokens.com slashes headcount by 40 percent in push to cut costs
Web3 firm is also exploring a potential sale of business segments.
Bigg Digital Assets, owner of Netcoins, appoints Dan Reitzik as new interim CEO
Reitzik most recently served as CEO of TerraZero, a subsidiary of Bigg.
WonderFi files SEC registration statement as crypto firm eyes Nasdaq listing
CEO called the move “an important first step” towards US expansion.
Netcoins loses $343,000 in second security breach within 17 months
“Bad actor” makes off with hundreds of thousands from the cryptocurrency platform’s operational float.
Aquanow launches AQN Digital Ventures Fund to back next generation of blockchain startups
Fund has already invested more than $1 million in seven companies, including BoomFi and Mash.