The Bitcoin (BTC) halving (also known as “the halvening”) is an event that occurs roughly every four years. It’s the scheduled halving of the reward miners receive for verifying blocks of transactions on behalf of the BTC network. These “block rewards” act as a mechanism to increase the supply of Bitcoin gradually. On average, one block is “mined” every 10 minutes. Here’s a quick refresher on how Bitcoin gets mined. Traditional fiat currencies, such as the dollar, are centrally-controlled, meaning banks such as the Bank of Canada can control inflation by printing cash at their will. In contrast, the creator
Category: News and Announcements
Coinsquare Celebrates International Women’s Day
At Coinsquare, we believe in equality, diversity and inclusivity. In honor of International Women’s Day, we decided to donate 50% of all trading fee revenue generated between March 9th and March 15th to the Canadian Women’s Foundation. Generosity comes in multiple forms, and this quarter we decided to give back to a foundation that we truly believe is impacting the lives of women and girls in Canada. The Canadian Women’s Foundation (CWF) addresses four main issues: gender-based violence, economic security, girl’s empowerment, and inclusive leadership. The CWF’s mission is to be a catalyst for the most innovative programs, policies, and
Coinsquare Planning for COVID-19
In light of the current COVID-19 outbreak, we would like to offer some transparency in how we will be protecting our employees and clients while continuing to maintain operations. Coinsquare is monitoring the situation closely and gathering information from primary sources (including the World Health Organization, and Centers for Disease Control and Prevention). We have taken internal proactive measures to ensure the wellness and safety of our team and we will continue to assess the situation and adapt our plan accordingly. The health and safety of our employees and customers is of utmost importance to us. Coinsquare’s disaster and recovery
Coinsquare Engaging with Canadian Regulators
Coinsquare is engaging with Canadian regulators to establish industry standards for online platforms that offer trading in cryptoassets and related financial services. On March 10, 2020, together with four other Canadian-based platforms, we responded to Canadian Securities Administrators’ (CSA) Staff Notice 21-327 Guidance on the Application of Securities Legislation to Entities Facilitating the Trading of Crypto Assets. The Staff Notice sets out the position of CSA staff that a platform that does not immediately deliver cryptoassets purchased on the platform to its customers is likely dealing in securities or derivatives. In our view, this interpretation represents a significant departure from
How to Increase Your Coinsquare Account Security
Coinsquare takes client security very seriously, and we value client awareness and participation in our security features. Despite the numerous behind-the-scenes security protocols Coinsquare has in place, there are some additional security measures our clients can take to protect their accounts. The two most advised security features Coinsquare recommends implementing are two-factor authentication (2FA), and a complex password generator. There are additional security measures clients can take, like ensuring their emails are secure, or educating themselves on the risks of phishing, but 2FA is the most beneficial extra layer of protection for your Coinsquare account. What is 2FA? If you
Coinsquare acquires BlockEQ to expand its cryptocurrency offerings
The acquisition was closed for $12 million CAD and brings the leading cryptocurrency wallet on the Stellar platform into the Coinsquare ecosystem Today Coinsquare, Canada’s premier cryptocurrency trading platform for trading Bitcoin, Ethereum, and other cryptocurrencies, announced it has acquired BlockEQ, the leading cryptocurrency wallet on the Stellar network. Coinsquare purchased BlockEQ for $12 million CAD and will leverage BlockEQ’s technology to help Coinsquare and its users connect further with the world of cryptocurrencies. “We have enormous respect for what the BlockEQ team brings to Coinsquare,” said Cole Diamond, CEO of Coinsquare. “They are one of Canada’s best tech teams,
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Coinsquare Joins Women in Capital Markets as an Affiliate Member
Coinsquare is happy to announce that we’ve joined the Women in Capital Markets Canada network as an Affiliate Member. Re-affirming our comment to diversity and inclusion, and building up a robust capital markets offering, working with Women in Capital Markets is another step on our journey to building a 21st century financial institution powered by blockchain. Building a world class culture Our culture is all about transparency, getting to action, and continuously learning. We’re a fast-growing team and are working hard to make sure that everyone feels part of the “Coinsquad”. We are proud to welcome @Coinsquare to the WCM
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Announcement: Coinsquare News Re-Launches, Adds Social Profiles
Coinsquare, Canada’s most secure trading platform for buying Bitcoin, Ethereum, Litecoin, and other digital currencies, is proud to announce the re-launch of Coinsquare News. The vision of Coinsquare News is to provide comprehensive education, resources, and information for Canadian digital currency investors. Coinsquare News re-launches with an overhauled website for a more sleek user experience and new news-specific social channels to keep readers up to date. The importance of Canadian news As the Canadian digital currency and blockchain ecosystem blooms, keeping up to date with local headlines is crucial. Even though digital currencies are global and decentralized in nature, what
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The Coinsquad Hit 100!
From one employee in April 2017, the team at Coinsquare (the “Coinsquad”) is now 100 strong as of March 20th, 2018. As one of the fastest growing companies in Canadian history, we are proud to hit this major milestone in our growth. Bringing talented people on board Whether finance, sales, marketing, development, or trading, Coinsquare has an opportunity available for any type of person or mindset. Hitting 100 was a major milestone for us not only because of the sheer size but also because it signifies the opportunities to come. Building the future of digital currency Remaining steadfastly focused on