Best Recent Content

  • QuadrigaCX - Statement on Cloudbleed Security Alert

    Saw this from @QCXDuane on reddit

    Last night, one of the world’s largest security and content delivery networks disclosed a security breach that had the potential to impact over 5 million websites around the world. Following this announcement, the QuadrigaCX security team undertook a thorough review of the situation to determine whether or not QuadrigaCX clients were impacted. Upon completion of this review, we have determined that QuadrigaCX clients are 100% safe from this security breach.

    Unlike many websites, QuadrigaCX employs a unique password encryption system that encrypts passwords in the browser using a unique hash, prior to secure transmission via HTTPS to our servers.". As such, in the highly unlikely case that password data was leaked during transmission, it would be completely unusable to nefarious individuals.

    In addition to this, we have been assured by Cloudflare that our domain was not impacted by the breach:

    “Fortunately, your domain is not one of the domains where we have discovered exposed data in any third party caches. The bug has been patched so it is no longer leaking data. However, we continue to work with these caches to review their records and help them purge any exposed data we find. If we discover any data leaked about your domains during this search, we will reach out to you directly and provide you full details of what we have found.”

    Despite this, we encourage QuadrigaCX users to consider the following best practices when it comes to securing your account:

    *Change your password occasionally, and select a unique password that it not used with any other service.
    *Enable both Google Authenticator 2FA and Email 2FA for maximum protection

    As part of our ongoing commitment to security, QuadrigaCX will be introducing additional security features in the coming weeks to further bolster our position as a security leader in the cryptocurrency industry.

    If you have any questions regarding account security or the Cloudbleed vulnerability, please contact us at contact@quadrigacx.com.
  • Quebex.com Bitcoin Mining Profitability Calculator

    www.Quebex.com has seen a surge in users looking to purchase bitcoins for mining contracts, and we’ve done some investigation into whether our users’ claims they can make a steady 7% monthly return on investment add up. Sadly, we can’t find a realistic scenario where mining contracts will be more profitable than holding on to your bitcoins.

    We’ve written a blog about it https://quebex.com/blog.php?entry=is-bitcoin-mining-profitable detailing some of the different ways a contract could pay out over time given different growth rates for bitcoin price and difficulty.

    Bitcoin Mining Profitability Calculator:

    https://quebex.com/calculator.php

    Realistically, we don’t think the network hash rate will stagnate and fees greatly increase, while bitcoin maintains most of its momentum. It’s a lovely future to hope for when you’re a bitcoin late comer hoping to cash in on some of the unparalleled ROI early adopters saw, but looking forward a couple years we can’t imagine $27,000 or higher prices for bitcoin.

    Although we don’t offer investment advice, we are going to advise our clients to read the blog before investing—even if it means less bitcoin volume on our trading platform.
  • Yestobitcoins down due to Bitpay code change

    Actually I found a work around to the code change. But now bitpay wants to update my contract and I am waiting for their ok to the paperwork sumbitted.
  • Bitcoin Meetups in Canada

    We're now running one of the largest bitcoin meetup groups in Canada. Our previous one at MaRS, Toronto had more than 400 people. We're hosting another one on Monday and we'll have Peter Todd and Tone Vayes speaking. Here's more info: https://www.meetup.com/CanadaBitcoin/events/235656936/
  • why is QuadrigaCX no longer listed on the CSE

    Quadriga was never listed on the CSE. We turned it into a public company and went through the process of becoming listed. As there has never been a publicly traded Bitcoin Exchange, the commission had a great deal of questions and concerns which were properly addressed. However, management decided that the restrictions and changes which would have had to take place in order to maintain a CSE listing would not be in the best interest of the company at this time. Instead, management focused on growth of the platform which has been very, very successful.
  • MyBTC.ca - Launches Interac Online with $500 Limit

    We are pleased to announce the addition of Interac Online to the suite of payment options offered by MyBTC.ca. The daily transaction limit is $500, weekly and monthly limits also apply. https://mybtc.ca/faq

    Interac Online is where you use your bank card to make a purchase online similar to using a credit card. It's only compatible with RBC, BMO, TD, Scotia and participating credit union bank cards without a Visa or MasterCard logo on them.
  • Bank of Canada: Digital Currencies will not Survive without Regulation

    I think its more about a cashless society where banks and governments maintain control and watch our every financial move.
    They are just catching on to the implications of bitcoin and what it could accomplish without them and they don't like it.
    Naturally they would like to have their own digital currency. Something that gives them complete control.
  • Cloudflare bug and your security : 1Password saves the day

    I am a big fan of 1Password and Agilebits (they are also a great Canadian company ;)).I have no stake in them besides loving their product. It's good to know those using the service were protected from this cloudflare problem:

    No 1Password data is put at any risk through the bug reported about CloudFlare. 1Password does not depend on the secrecy of SSL/TLS for your security. The security of your 1Password data remains safe and solid.


    https://blog.agilebits.com/2017/02/23/three-layers-of-encryption-keeps-you-safe-when-ssltls-fails/
  • New Bitcoin Exchange for Canadians, ezBtc.ca

    Quick Update:

    We now have mobile support, and the lowest deposit fees in Canada. Interac E-Transfer is 0.75%.

    Also we process payments 7 days a week.

    Last few days of our promos too. 0% fees on trading, and the 1 BTC Giveaway.

    Also please follow us on twitter @ezBtcCanada and Facebook www.facebook.com/ezbtc for the latest updates.
  • Bank of Canada: Digital Currencies will not Survive without Regulation

    I think its more about a cashless society where banks and governments maintain control and watch our every financial move.
    They are just catching on to the implications of bitcoin and what it could accomplish without them and they don't like it.
    Naturally they would like to have their own digital currency. Something that gives them complete control.