Just as miners headed to Canada in 1896 to cash in on the gold rush, crypto miners found their way up north in recent years for a different kind of gold rush — one involving Bitcoin.  

But given the ongoing meltdown in the sector, the loot may be drying up.

According to a guy that’s seen the darkest side of the corporate world, the business practices of fallen crypto exchange FTX are about as bad as it gets.

A lot can change in a week. One day, you’re running one of the world’s largest crypto exchanges, rubbing shoulders with Tom Brady, and being touted as the “king” of your industry. The next, you’re giving up your job at the helm and signing US bankruptcy papers. 

Crypto appears headed for some very dark times...

Binance says it will walk away from an offer to acquire beleaguered rival FTX, after discovering the company’s books were in complete shambles.

And just like that, one of the world’s most valuable cryptocurrency exchanges has fallen.

The image of Elon Musk taking a bubble bath once only existed in our deepest, darkest nightmares. 

But thanks to deepfake technology, that image, along with other celebrity facsimiles, has been brought into the real world for the noblest of purposes… advertising!

Ethereum, a blockchain platform supporting over 50% of the total value of the decentralized finance industry, is shifting to a less energy-intensive way of validating transactions.

As Canadian regulators start to crack down on crypto companies, the world’s largest cryptocurrency exchange is also facing a $1 billion class-action lawsuit in Toronto. 

Canada’s top financial regulator has introduced its first-ever framework to limit the exposure of federally regulated financial institutions, like banks and insurers, to crypto assets (nice!).