Canadian regulators accuse crypto exchange of breaking securities law

Canada’s OSC continues to take action against allegedly non-compliant cryptocurrency trading platforms after announcing new compliance measures in March. Canadian securities regulators have initiated a regulatory action against major global cryptocurrency exchange Poloniex. On Tuesday, the Ontario Securities Commission published a statement of allegations against Polo Digital Assets, also known as Poloniex, alleging that the firm […]

Elon Musk Says Crypto Mining Council Is “Potentially Promising”

A Crypto Mining Council has been set up to promote greener practices, and reduce the high-energy consumption that crypto mining requires, with Elon Musk calling the plan “potentially promising”.  The Bitcoin Mining Council is made up of a number of North American cryptocurrency miners who have come together to discuss issues relating to Bitcoin mining. […]

Will this be a Cardano Summer?

Cardano is booming. Only two weeks ago ADA, the Cardano blockchain token, hit a new all-time-high of $2.50. A huge shake-out due to the Bitcoin price plunge took ADA back to a dollar. However, a strong rally has seen the price rise to $1.80, and with smart contracts potentially only weeks away with the Alonso […]