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.
Web3
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.
Web3 startup LayerZero Labs fighting $21.3-million lawsuit from FTX
Bankrupt crypto exchange suing LayerZero over alleged fraudulent transfers.
TikTok to remove ‘Storefront’ integration with Shopify and others, pushing merchants to use TikTok Shop
As one integration ends, Shopify adds another: USDC payments through Solana Pay.
Coinberry team relaunches with APX Lending platform prioritizing ‘safety and security’
APX Lending says it stresses integrity and reliability in its crypto dealings.
Coinbase says it wants to be a long-term leader in Canada’s crypto market
With “regulatory clarity” and a new country director, Coinbase says it’s ready to grow in Canada.
DeFi company Wellfield inks deal to acquire crypto custodian Brane Trust
Canadian crypto consolidation continues with Toronto, Ottawa firms set to join forces.
Dapper Labs makes third round of layoffs since November as crypto winter continues
NBA Top Shot creator lays off 51 people amid NFT market struggles.
WonderFi, Coinsquare, CoinSmart merge as landmark Canadian crypto deal closes
The merger comes during a challenging time for the crypto industry.
Tokens.com acquires Startup Slang to link in-game purchases to Shopify Plus storefronts
Tokens.com continues to bet on the metaverse for future revenues.
Dapper Labs makes investment in Web3 gaming company GameOn
GameOn is powering Karateka, a game for collecting digital fighters.
BC regulator suspends ex-Blok Technologies CEO, CFO from investment market for misrepresenting 2018 share sale
The suspensions come in response to how a past Blok private placement was publicly communicated.
Oamo emerges from stealth with White Star Capital backing to build decentralized data brokerage
Oamo’s team features Kraken, Polygon, Figment, Eventbrite, and Morgan Stanley alumni.
OSC advisory panel backs stronger regulation of crypto platforms
Report cautions OSC against fostering innovation at the expense of protecting investors.
Binance exits Canada as crypto trading platforms feel broader impact of stricter regulations
Binance pulled out of Ontario in 2021 as it wasn’t registered with the province.