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Manitoba Halts New Crypto Mining Projects Due to Expected High Energy Demand

Manitoba Halts New Crypto Mining Projects Due to Expected High Energy DemandAuthorities in Manitoba are temporarily suspending the connection of new crypto mining facilities to the power grid. The Canadian province, which relies heavily on hydroelectric generation and attracts miners with low electricity rates, fears it may face overwhelming energy demand. Manitoba Suspends New Crypto Mining Operations Citing Possible Increase in Electricity Usage The government of […]

Double-Digit Declines Dominate: Crypto Stocks Feel the Pain of Market Meltdown

Canada Detains Teen for Alleged $36 Million Cryptocurrency Theft

Canada Detains Teen for Alleged  Million Cryptocurrency TheftA teenager has been arrested in Canada after committing what law enforcement officials in Ontario have described as the largest crypto theft by a single person. The Canadian is accused of stealing tens of millions of dollars through a SIM swap targeting a crypto holder in the U.S. Teen Arrested in Canada for Stealing Crypto […]

Double-Digit Declines Dominate: Crypto Stocks Feel the Pain of Market Meltdown

Basketball Players in Canada to Be Paid in Bitcoin

Basketball Players in Canada to Be Paid in BitcoinCEBL, the Canadian men’s basketball league, will offer its professional basketball players the option to receive a portion of their salary in cryptocurrency. The new payment option has been enabled through a partnership with the Canadian cryptocurrency exchange Bitbuy. Bitbuy to Convert Canadian Dollar Salaries Into Bitcoin The Canadian Elite Basketball League (CEBL) announced the […]

Double-Digit Declines Dominate: Crypto Stocks Feel the Pain of Market Meltdown

Canadian Condo Company Invests in Bitcoin, Hopes to Become ‘Self-Sustaining Real Estate’

Canadian Condo Company Invests in Bitcoin, Hopes to Become ‘Self-Sustaining Real Estate’A few months ago a trend started where well known businesses like Microstrategy, Square, and Tesla started adding bitcoin to their company balance sheets. Now a Canadian condominium company has decided to invest in bitcoin in order to replace some of the firm’s reserve fund with crypto. Thornton Place Condominium Corporation leveraged the cryptocurrency exchange […]

Double-Digit Declines Dominate: Crypto Stocks Feel the Pain of Market Meltdown