Ethereum News Daily Official TheBitTimes.com

Canada’s prime minister Justin Trudeau has infringed the country’s charter of rights and freedoms, a judge ruled, when he invoked the Emergencies Act to halt truck drivers’ Covid-19 protests and bitcoin crowdfunding back in 2022. A public inquiry in February deemed the government acted appropriately when the Act was invoked. However, pressure from the Canadian Civil Liberties Association and the Canadian Constitution Foundation led to a judicial review. On Tuesday, a federal court found that Trudeau and his cabinet was not justified in its response. In February 2022, thousands protested mandates that required truck drivers crossing the Canada-US border to be fully vaccinated against Covid-19. Truckers set up blockades on key roads and brought Ottawa to a stand-still, provoking the mayor to declare a state of emergency. Prime minister Trudeau then invoked the 1988 Emergencies Act to ban gatherings and halt crowdfunding efforts. The Canadian truck ers had garnered ma...

But Solana was the only other major asset to show inflows for the week. Cryptocurrency assets experienced inflows for the first time in six weeks during the week of Sep. 22-28, according to the latest Digital Asset Fund Flows Weekly Report from European digital assets management firm CoinShares. Bitcoin was the biggest gainer with in flows in the amount of $20.4 million for the week. Good week, everyone. Here are the latest #FundFlows and observations by CoinShares Head of Research @JButterfill. This week in flows : US$21m (after 6 weeks of out flows ) We believe these in flows are a reaction to a combination of positive price momentum, fears over US… pic.twitter.com/0VHHBh1n50 — CoinShares (@CoinSharesCo) October 2, 2023 Solana took second with $5 million as the only other asset to show inflows. Per CoinShares, this is its 27th week of inflows with only four weeks of outflows for 2023, making it “the most loved altcoin this year.” On the flip side, Ethereum experiences outflow...

Canadian police tackling crypto crime are now using Chainalysis software to trace transactions, track suspects, and see where funds have been deposited, an upgrade that they believe will allow them to return more stolen funds to victims. Sergeant Kevin Talbot of the Lethbridge Police Service (LPS) Economic Crime s Unit announced on Friday that the force would be adopting a software program called Reactor developed by the blockchain forensics expert. As reported by the Lethbridge Herald, according to Talbot, it’s unusual for local police forces like the LPS to have such tech.  “We’ll get to the point where we have transaction data but we’re unable to trace it because it requires special programming to do these things,” Talbot said (Via the Lethbridge Herald). The adoption comes at a time when police are seeing a trend of crypto investment scams according to Talbot. Now, he says, the force has its “ own training and programming to do it ourselves .”  Crypto whales targeted in w...

Canadian public crypto asset fund issued in April 2020 resulted in the creation of a non-redeemable investment fund that invests its assets directly in Bitcoin (BTC). As of April 30, 2023, there are 22 Public Crypto Asset Funds in Canada with CAD $2.86 billion in net assets. advertisement Canada Announces Guidance on Crypto Asset Investment Funds The Canadian Securities Administrators (CSA) published guidelines on existing securities regulatory requirements for crypto asset investment funds. The CSA also mentioned its stance and expectations on crypto staking, crypto custodians, and investing in crypto assets other than Bitcoin (BTC) and Ethereum (ETH). The CSA said fund managers need to find an active market for the crypto asset, presence of a regulated futures market for that crypto asset, and available indices by a regulated index provider for the crypto asset. It must have a substantial trading volume. The CSA recommended using publicly available indic...