B.C. seeks ban on using drugs in 'all public spaces,' shifting approach to decriminalization
The B.C. government is moving to have drug use banned in 'all public spaces,' marking a major shift in the province's approach to decriminalization.
Amazon listed a job opening for a digital currency and blockchain product lead, sending cryptocurrencies soaring Monday.
Bitcoin climbed to a six-week high of nearly $39,043, while ethereum reached $2,363. Dogecoin was last trading at about 22 cents per coin, giving it a $28.8 billion market cap. As of Monday afternoon, both bitcoin and dogecoin had soared more than 14% over the past 24 hours, according to Coinbase. And ethereum went up nearly 12% over that period.
Typically, when Amazon is rumored to enter a new market, stocks of soon-to-be rivals tumble. But Amazon's job listing had the opposite effect Monday, generating buzz about the tech company's future involvement with cryptocurrencies and its potential to further legitimize the nascent digital currency sector.
In Amazon's listing, which was posted Friday, the company says it is looking for someone with a "deep understanding" of the "cryptocurrency ecosystem and related technologies."
The role would be part of Amazon's payment acceptance and experience team, according to the job description, perhaps implying that the e-commerce giant could accept cryptocurrencies as payment in the near future.
"We're inspired by the innovation happening in the cryptocurrency space and are exploring what this could look like on Amazon," a spokesperson for the company told CNN Business. "We believe the future will be built on new technologies that enable modern, fast and inexpensive payments, and hope to bring that future to Amazon customers as soon as possible."
Cryptocurrencies are having a roller coaster year, and they rallied Monday, just a few days after Amazon posted the job opening.
The conversation surrounding cryptocurrencies has become more prominent in corporate America this year. Although Tesla founder and CEO Elon Musk's tweets have incited whiplash in the crypto space, the company's initial $1.5 billion investment in bitcoin helped legitimize cryptocurrencies as an investment. Musk recently said he's invested in bitcoin and wants to "see it succeed." And during earnings conference calls this year, Wall Street analysts have peppered executives at high-profile companies about possibly entering the bitcoin space.
Amazon's stock was up a little more than 1% Monday.
The B.C. government is moving to have drug use banned in 'all public spaces,' marking a major shift in the province's approach to decriminalization.
An orca whale calf that has been stranded in a B.C. lagoon for weeks after her pregnant mother died swam out on her own early Friday morning.
Donald Trump's defence team attacked the credibility Friday of the prosecution's first witness in his hush money case, seeking to discredit testimony detailing a scheme between Trump and a tabloid to bury negative stories to protect the Republican's 2016 presidential campaign.
Sophie Gregoire Trudeau says there is 'still so much love' between her and Prime Minister Justin Trudeau, as they navigate their post-separation relationship co-parenting their three children.
The Canadian Transportation Agency has hit a record high of more than 71,000 complaints in a backlog. The quasi-judicial regulator and tribunal tasked with settling disputes between customers and the airlines says the backlog is growing because the number of incoming complaints keeps increasing.
More than 115 people who viewed the solar eclipse in Ontario earlier this month experienced eye damage after the event, according to eye doctors in the province.
An Ontario man who took out a loan to pay for auto repairs said his car was repossessed after he missed two payments.
Philadelphia 76ers All-Star centre Joel Embiid has been diagnosed with Bell’s palsy, a form of facial paralysis he says has affected him since before the play-in tournament.
An American Airlines flight attendant was indicted Thursday after authorities said he tried to secretly record video of a 14-year-old girl using an airplane bathroom last September.
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The giant stone statues guarding the Lions Gate Bridge have been dressed in custom Vancouver Canucks jerseys as the NHL playoffs get underway.
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A former educational assistant is calling attention to the rising violence in Alberta's classrooms.
The federal government says its plan to increase taxes on capital gains is aimed at wealthy Canadians to achieve “tax fairness.”
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