News

The latest news surrounding all cryptocurrencies and technologies

How Companies Can Get Into Cryptocurrency

When it comes to cryptocurrency, individuals often have an easier time making a decision than a company. Where individuals only have to think about their personal financial goals and risk, companies may have a lot more at stake. There’s always risk involved but at the same time companies have many different avenues to get involved … Continued



Canadian City Calgary Launches a Digital Currency to Boost Local Economic Activity

Calgary has become the first Canadian city to launch a digital version of its local currency. Known as the Calgary Digital Dollar, the digital currency will be used exclusively in the City of Calgary located in Alberta Province and will operate alongside the federal currency, the Canadian Dollar (or the loonie as it is popularly referred), Initially … Continued


New Brunswick Tricked Crypto Investors to Teach About ICO Fraud

New Brunswick’s Financial and Consumer Services Commission (FCNB) has created a fake website and ICO in a bid to educate investors on the danger of cryptocurrency scams. The FCNB created TydeCoyn.ca, offering Canadians the opportunity to invest in a “cryptocurrency token that marries tourism promotion and environmental activism.” The TydeCoyn “scam” The fake scam is … Continued



KPMG to Canadian Companies: Now is the Time to Invest in Blockchain

Audit, tax, and advisory firm KPMG LLP said that blockchain adoption is on the rise and that Canadian companies should take advantage of the emerging technology. In a recent press release, KPMG said the “fog around blockchain” is lifting as more companies look to the technology to achieve faster and more secure transactions, improve efficiencies in … Continued


Overstock CEO Plans to Sell Retail Business to Focus on Blockchain

Despite market fluctuations, one famous CEO is demonstrating his confidence in blockchain and cryptocurrency. Overstock’s Patrick Byrne has announced he will sell the retail side of Overstock, focusing in instead on his blockchain company and investment division. Byrne was an early supporter of blockchain and cryptocurrency leading Overstock to become the first major online retailer … Continued


Air Canada Partners with Winding Tree to Test Blockchain Air Travel

Air Canada recently followed Air France, KLM, Lufthansa, and others to partner with blockchain startup Winding Tree and join its blockchain-based air travel marketplace. Air Canada is set to join a decentralized, open-source platform, for travel agents to make more direct travel arrangements for their clients. The new travel distribution platform will give travel agents … Continued



Head of the IMF Suggests Countries Issue Their Own Cryptocurrencies

Christine Lagarde, head of the International Monetary Fund (IMF), said governments should consider a central bank digital currency (CBDCs) to prevent fraud and improve financial services in both developed and developing countries. Lagarde, speaking at the Singapore Fintech Festival this week, said banks should work to create digital cash systems to keep up with private digital finance … Continued