For the second consecutive year, the study “found that awareness of Bitcoin increased with financial literacy, but the likelihood of ownership declined as the level of financial literacy increased.”
Ernst & Young to QuadrigaCX users: You’re screwed
The cryptocurrency exchanges bankruptcy trustee said it may not be worth looking for the missing 90% of customers’ digital assets
Cryptocurrency exchange QuadrigaCX has barely 10% of its depositors’ money, and it’s probably not worth looking for the rest. That is what of auditing and advisory giant Ernst & Young Inc. told the Supreme Court of Nova Scotia in its role as trustee of the firm’s bankruptcy on May 1. It will be too long and costly, and some other exchanges and payment processing firms are not cooperating, it said.
Canadian cops search for ATM crooks who double spent Bitcoin
Police on the lookout for four men who ripped off 112 Bitcoin ATMs with some clever programming
A four-man crypto crime spree raged across Canada six months ago, and Calgary’s police department has finally decided now is a good time to ask the public for help catching the thieves. Sorry to bother you, eh?
Canadian crypto exchange hacked, all assets stolen, internet cries ‘Scam!’
MapleChange shutters website and social accounts after security breach cleans out user wallets
A hack at a small Canadian crypto exchange left its users holding the bag Sunday, as MapleChange announced it had lost all its assets and would not be able to immediately refund its users. On Sunday afternoon, the exchange, which has Edmonton, Alberta listed as its location on Twitter, announced that a security breach allowed someone to steal all the assets it held. MapleChange added that it would not be able to refund the cryptocurrency until it investigates what happened. The hack followed MapleChange’s announcement Saturday on Twitter that it had upgraded its server and launched a version 2.0.0. https://twitter.com/MapleChangeEx/status/1056582662435954688 It’s unclear how MapleChange’s investigation is going, as the exchange…