Search results for "CAD"
2026-03-06
08:06

The Bank of Canada completes a $100 million CAD tokenized bond pilot, with the Samara project validating the feasibility of blockchain in government bond issuance and settlement

The Bank of Canada announced the test results of the "Samara Project," successfully issuing and managing 100 million CAD worth of tokenized government bonds through blockchain technology. The project applied distributed ledger technology in bond issuance, trading, and settlement, enhancing transparency and efficiency. Regulatory authorities remain cautious, believing that infrastructure and regulatory issues still need to be addressed. This pilot demonstrates the potential of blockchain in the financial sector.
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04:37

Canadian resident falls victim to a series of cryptocurrency scams, with scammers impersonating Royal Canadian Mounted Police to carry out secondary frauds

A resident of Nanaimo, Canada, lost 5,000 CAD in a remote stock trading scam and was subsequently targeted in a second scam. The scammer impersonated a lawyer and posed as the RCMP to recover funds, using the victim's information to carry out fake recovery services. Currently, the police have initiated related investigation and training.
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12:44

DMG Blockchain Releases Q1 Financial Report: Mined 69 Bitcoins, Multiple Performance Metrics Decline

DMG Blockchain, a Bitcoin mining company, announced its Q1 FY2026 financial report, with revenue of 11.2 million CAD, a year-over-year and quarter-over-quarter decrease, and mining output down to 69 Bitcoins. Hash rate increased to 1.76 EH/s. Total assets and cash decreased, net loss narrowed to 2.2 million CAD, but overall net profit turned into a loss due to changes in asset fair value.
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