A Canadian man called Haby is accused of stealing more than $2 million from Coinbase users by posing as customer support. He tricked people into sending crypto and spent the stolen funds on luxury items, social media accounts, and gambling.

About 40% of Canadian crypto users are failing to report taxes or are at high risk of non-compliance, making enforcement difficult. The CRA has recovered millions through audits but faces challenges due to anonymous transactions, while new laws and reporting rules are planned for 2026 to improve oversight.

A Canadian family in British Columbia has survived a horrific 13-hour terror attack, making their case one of the country's most extreme crypto-related "wrench attacks".

British Columbia has made its temporary ban on new crypto mining connections permanent. The decision blocks crypto miners from accessing the province’s clean energy grid.

OpenAI’s Sora app has reached over one million downloads in under five days, growing faster than ChatGPT during its early launch despite being invite-only in the US and Canada. The AI-driven platform lets users create short videos with text prompts or “cameos,” but its rapid popularity has raised copyright and moderation challenges.

Canada’s regulator FINTRAC has fined crypto exchange KuCoin \$14 million for failing to register properly and not reporting nearly 3,000 large transactions between 2021 and 2024. KuCoin disputes the fine and has appealed, while continuing to expand internationally, including a new partnership in Thailand for a blockchain-based bond program.

Luxxfolio has filed to raise up to $100 million in Canada as it pushes a new strategy built around Litecoin. The firm is short on cash and hopes the funds will support its goal of holding one million LTC by 2026.

Sol Strategies, a Canadian crypto investment firm, has applied to list on Nasdaq after heavily investing in Solana tokens and staking operations. Despite a recent $3.5 million loss, the company aims to raise more capital and grow its presence in the US market.

A Canadian startup is pioneering insurance that covers financial losses from AI errors, offering businesses a safety net as AI becomes more integral and unpredictable in operations.

Pinterest is launching AI tools that let users search fashion by tapping images, with filters for color, style, and occasion. Starting with women’s fashion, the platform will also label AI-generated content and let users limit its visibility.