bitcoin

Ukraine has started to accept various cryptocurrencies as donations toward its military as Russia's invasion continues. The Ukraine government and organizations supporting its fight against a Russian invasion have amassed more than $52 million USD through more than 90,000 separate crypto asset donations — and already deployed at least $14 million — amid an influx...

Cryptocurrencies continued their dramatic slide over the weekend, with bitcoin losing nearly half of its value since hitting its November high. Bitcoin's price plunged below $34,000 USD Monday morning, extending a slide that started when it dropped below $40,000 Thursday evening. Bitcoin leveled off above $35,000 USD Sunday after several drops below that on Saturday....

Montreal-based Shakepay announced yesterday it had raised $44 million CAD in Series A funding, to allow it to ramp hiring and scaling of its business that allows Canadians to buy, sell and earn free bitcoin. The latest funding round was led by US-based venture capital firm QED Investors, with partner Matt Burton from the latter...

Montreal-based Shakepay has started to roll out its invites for its Shakepay Card, which is a prepaid Visa that offers up to 4% bitcoin cash back for Canadians. According to Shakepay, you’ll get 2% bitcoin cash back to your bitcoin balance when you spend up to $5,000 on purchases. When you invite a friend (max...

El Salvador bought its first 400 bitcoins on Monday, and President Nayib Bukele pledged to buy "a lot more" ahead of adopting the cryptocurrency as legal tender. El Salvador's adoption of Bitcoin as a legal tender officially kicked off Tuesday, explains a new report from CoinDesk, and the country announced the purchase of $21 million worth of the cryptocurrency...

In a tweet sent out earlier today, CEO of Square Jack Dorsey noted that the company is looking to develop a hardware wallet for bitcoin. Dorsey, however, continued that a product launch isn't a done deal at this point (via The Block). Dorsey added that "If we do it, we would build it entirely in...

Are you just waking up to the Dogecoin cryptocurrency hype? A legion of online investors has been plunging into the cryptocurrency that started as a joke, after Tesla CEO Elon Musk continues to pump up the coin with cryptic tweets. Dogecoin has the face of a Shiba Inu dog, derived from the “Doge” meme and...

Phillipe Christodoulou had 17.1 bitcoin, worth $600,000 at the time (around February) and worth over $1 million as of today, stolen by a fake app he downloaded from the App Store. When Christodoulou wished to check on his Bitcoin balance last month, he simply fired up the App Store and searched for "Trezor" — the...

With Tesla recently disclosing it had invested $1.5 billion USD into Bitcoin, and would soon accept the cryptocurrency as payment for vehicles, the news has sent many jumping into the crypto market, including Canadians. According to BNN Bloomberg, Apptopia data shows the top Canadian crypto trading apps—Wealthsimple, PayPal, Coinbase, Crypto.com and Binance—have added a total...

Analysts say Apple would benefit by developing a crypto exchange out of its Apple Wallet. A new report from Canadian brokerage firm RBC Capital Markets (via Reuters) said that since Apple Wallet is used by millions in an increasingly cashless society, Apple could easily generate over $40 billion USD by making the jump to cryptocurrency. "The...

Tesla has revealed it has purchased $1.5 billion in Bitcoin, according to the disclosure in a Securities and Exchange Commission (SEC) filing, reports Tesla North. The filing also reveals Tesla plans to accept the cryptocurrency as a form of payment in the future. That’s right—you may be able to buy your next Tesla with Bitcoin....

Bitcoin scammers are sending out bomb threats to businesses, schools, and other locations in Canada, the US, New Zealand, and several other English-speaking countries across the world, causing numerous evacuations and law enforcement investigations, The Verge is reporting. Although there is no evidence yet of any actual explosives being placed or detonated, the scammers are demanding bitcoin in exchange for not...