Author: Jessie Willms

This Upstart Cryptocurrency Exchange Is Making Inroads in Canada

Cryptocurrency and precious metals exchange Coinsquare is taking steps toward its goal of leading the cryptocurrency exchange market in Canada. On February 20, 2018, it announced a new partnership with Processing.com, after wrapping up a recent investment of $30 million, for a total $47 million raised in the last four months. The partnership with Processing.com will allow Coinsquare to facilitate instant fiat currency payments of digital currencies for the general public through debit and credit card transactions. In a release, Processing.com’s James Bergman said: “We are very excited to partner with such a respected and fast-growing trading platform as...

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Space Decentral: Using Blockchain Tech to Democratize Space

Renowned scientist Stephen Hawking recently called for a concerted effort to launch humans into space saying: “To leave Earth demands a concerted global approach, everyone should join in. We need to rekindle the excitement of the early days of space travel in the ‘60s.” While NASA and Tesla are already well established in the game, Space Decentral, founded by international Space Cooperative, is staking its claim in outer space and all that’s in it. Using the latest blockchain technology to launch a social network, they’re on a mission to democratize space by crowdsourcing information and crowdfunding citizen-powered space travel....

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Toronto Councillor: City Should “Be Ahead of the Wave” of Blockchain Tech

Toronto City Council voted today to invite the public to make “deputations” to the City Executive on March 19, 2018, about why and how blockchain technology and new cryptocurrencies can be integrated into the way the city does business. The motion was introduced by Councillor Norm Kelly, who believes that Toronto is already well on the way to being an international innovation hub, and that the use of blockchain technology and cryptocurrencies could fast-forward this process. In an interview with Bitcoin Magazine, Councillor Kelly said: “Toronto is a world class city and well placed to be one of the...

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Hyperledger’s Behlendorf: 2018 Will Bring Breakthrough Blockchain Developments

Brian Behlendorf is confident that 2018 will be a peak year, not only for Hyperledger — the international consortium of companies and organizations developing open source, permissioned blockchain technology — but also for blockchain technology in general as businesses and governments recognize the potential power of distributed ledgers and smart contracts. “2018 will be the year that Hyperledger and blockchain come into their own. Projects demonstrating real world solutions, like Change Healthcare, that will enable healthcare systems to better and more efficiently process claims and payments, will launch this year.” Hyperledger, founded in 2015, incubates and promotes blockchain technologies...

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Our Top 5 Bitcoin “Good News” Stories of 2017

When the history of Bitcoin and blockchains is written, 2017 will be the year tagged as the “turning point” when Bitcoin and “red hot” blockchain technology went mainstream. The steadily rising bitcoin price and market cap is a key, though not the only, indicator that a tipping point has been reached. Despite turmoil like ICOs being banned in China and South Korea, cryptocurrencies in general coming under scrutiny in other countries, and internal divisions and infighting in the Bitcoin community, the price of bitcoin continued its steady trend upward, accelerating in the last few months of 2017 despite naysayers....

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Canadian TSX Venture Exchange Approves Crypto Mining Company HashChain to Launch Monday

On December 18, 2017, HashChain Technology, a cryptocurrency mining company, went public for the first time on the TSX Venture Exchange under the ticker symbol KASH, joining at least eight other crypto-related startups including HIVE Blockchain Technologies (Genesis Mining). At least 50 more blockchain and cryptocurrencies firms are preparing to list on the TSX in the coming year, including Hut 8 Mining Corp., according to Harris Fricker, CEO of GMP Capital Inc., noting that the TSX Venture Exchange tends to be less risk-averse than many other stock exchanges around the world. In the past, the TSX Venture Exchange has...

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NextBlock CEO Alex Tapscott Cancels Plans to Go Public and Will Return Money to Investors

Alex Tapscott, CEO of NextBlock Global, a venture capital company investing in blockchain technologies, announced in a press release yesterday that he is canceling their plans to go public through a reverse takeover (RTO) of Nobelium Tech Corp., a company listed on the Toronto Stock Exchange (TSX). Tapscott said the young company had “stumbled” in falsely listing some crypto and blockchain experts as members of the firm’s advisory board. He is currently talking to NextBlock investors to work out how to return their original investments and to “rebuild the trust of those [they] have disappointed.” NextBlock Global raised $20...

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TokenFunder Wins Approval to First OSC Regulated ICO Launch

In Canada, steps are being taken to bring Initial Coin Offerings (ICOs) within the regulatory framework. TokenFunder, a Toronto-based startup that helps other startups launch and manage ICOs, is the first company to win approval for an ICO by the Ontario Securities Commission (OSC). While some ICOs have come under regulatory scrutiny lately, TokenFunder CEO Alan Wunsche believes that ICOs can be done right, with built-in safeguards to avoid fraud. Wunsche said in a press release issued to Bitcoin Magazine: “TokenFunder has been working with the Ontario Securities Commission’s LaunchPad for the past year to define an innovative funding...

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Hyperledger and Linux to Offer a Massive Open Online Blockchain Course

Hyperledger, the international blockchain collaboration of corporate giants and young startups in partnership with the Linux Foundation, is launching a new free Massive Open Online Course (MOOC) to meet the rapidly accelerating worldwide demand for blockchain education. The pace at which the “red hot” blockchain technology market is evolving and increasing in popularity makes it difficult for the established education system to keep up with the demand. In an announcement, Brian Behlendorf, Executive Director of Hyperledger said: “Interest in blockchain technology is exploding. Software developers, product teams, and business managers are all desperately eager to figure out how this...

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CarbonX and ConsenSys Put P2P Carbon Credit Trading on the Blockchain

Carbon credits trading (also known as “cap and trade”) as a means to help mitigate the effects of global climate change has long been advocated by environmentalists fighting one of the most intransigent environmental challenges of the 21st century. Now ConsenSys and CarbonX Personal Carbon Trading Inc. have stepped up to enable the first-ever peer-to-peer carbon credit trading platform, built on the Ethereum blockchain. CarbonX Personal Carbon Trading Inc. is principally a Tapscott family enterprise, with CEO and founder William (Bill) Tapscott, co-founder and CMO Jane Ricciardelli, chair of the board of directors Don Tapscott, and director and board...

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