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.”
Web3
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.
FTX fallout could set back investment in Canadian crypto companies for years, experts say
“Gone are the days of not doing full due diligence.”
FinTech investor Holt Xchange launches fund at intersection of Web3, sports media, entertainment
Advisory council includes DeMar DeRozan, Raine Maida, and Milos Raonic.
Dapper Labs lays off 22 percent of staff
Vancouver tech startups Dapper and Hootsuite both made layoffs this week.
WonderFi swaps CEOs, plans hedge against crypto volatility with stock trading and sports betting
New CEO brings operational experience as WonderFi looks to diversify beyond crypto to find new revenue streams.
ChainSafe closes $25.7 million CAD Series A to build blockchain-agnostic Web3 tools
COO: fundraising in current market “separates the true builders from the noise.”
Crypto lending startup Ledn to acquire Arxnovum to expand into asset investments
The transaction is expected to close in the fourth quarter of this year.