CDPQ makes executive changes following Celsius investment write-off
Crypto winter chill touches more Canadian funds, startups.
Web3
Dapper Labs cuts another 20 percent of staff while fending off class action suit
The move marks Dapper Labs’ second round of layoffs since November as it contends with declining NFT sales.
Dapper Labs faces lawsuit claiming NBA Top Shot NFTs are securities
Judge denies Dapper Labs’ request to toss out proposed class action in February 22 decision.
Canadian securities regulators tighten rules for crypto platforms following Voyager, Celsius, FTX collapse
CSA cracks down on stablecoins, prohibits leverage, raises expectations regarding asset custody and segregation.
Thinkific, WonderFi, VerticalScope face leadership changes following layoffs
Canadian tech companies hit with executive exodus amid sector downturn.
As unregulated crypto players collapse around the world, Netcoins expands into the US
Canadian firm aims to offer “compliant” alternative to unregistered US exchanges.
CoinSmart to seek monetary damages from Coinsquare following collapse of acquisition deal
CoinSmart accepts deal is no more, intends to “commence legal proceedings against Coinsquare.”
Bitcoin infrastructure startup Blockstream raises $125 million USD to expand crypto mining services
The Montréal firm claims demand for its hosting services remains high, despite volatile market.
CoinSmart rejects Coinsquare’s notice to terminate acquisition deal
CoinSmart claims Coinsquare’s acquisition about-face is “invalid and without merit.”
A Web3 vibe check with Round13’s Satraj Bambra
Pick your poison, but 2022 was not a great year for digital assets.
WonderFi releases public statement following Coinsquare merger report
WonderFi neither confirms nor denies Coinsquare merger report, saying it’s both looking at potential acquisitions and…
Coinsquare moves to terminate CoinSmart acquisition deal
CoinSmart CEO says notice took company “by surprise.”
Tokens.com’s metaverse subsidiary acquires NFT minting platform CocoNFT
Metaverse Group aims to use CocoNFT’s platform to expand in the creator economy.
Layoffs persist at Canadian tech companies amid bleak outlook for 2023
FreshBooks, Thinkific, Revelate, Bridgit among latest firms to cut staff amid downturn.
AI-driven investment startup Delphia acquires Fathom Privacy to increase transparency with user data
Users pool their data together through Delphia with the goal to improve investment strategies.