Canadian Bitcoin Miner Hut 8 Stays Committed to Accumulating Self-Mined BT
Hut 8, a Canadian Bitcoin (BTC) mining company, continues to accumulate self-mined BTC despite a merger deal with US Bitcoin (USBTC). In September 2023, Hut 8 mined 111 Bitcoin, bringing its self-mined BTC reserves to 9,366 Bitcoin. While this represents an 8% increase from the previous month, it is ...
Suspension of BitDAO Token Conversion by DAO Mantle: FTX and Alameda Research Involved
FTX and Alameda Research were planning to convert BitDAO tokens to Mantle. The Decentralized Autonomous Organization (DAO) Mantle has suspended the conversion. The DAO Mantle participants have proposed suspending the migration of BitDAO tokens. This was reported ...
Bankrupt Crypto Company Celsius to Merge UK and US Units Amid Fraud Allegations
They were accused that the split into 2 "subsidiaries" was a fraud The merger will speed up the return of investors' funds Bankrupt crypto company Celsius agrees to merge its units in the UK and US. It would be their answer to court allegations that the firms sha ...
Paxos to Pull Out of Canadian Market due to Regulatory Changes
Paxos, the cryptocurrency company, has recently announced its decision to withdraw from the Canadian market. In an email sent to its Canadian customers, the company stated that it would no longer provide support to users in the country, with account disabling scheduled for May 9, 2023. The mov ...
Canadian Crypto Companies Merge to Create One of the Largest Digital Asset Trading Platforms
Canadian cryptocurrency firms, including WonderFi, Coinsquare, and CoinSmart, have come together to create one of the world's most prominent digital asset trading platforms. The companies' joint statement revealed that the merger would consolidate about 2 million customers under a single brand, w ...