Stamp prices rise for the third time in five years amid financial woes for Canada Post
Canada Post is increasing stamp prices for the third time since 2019, a move the Crown corporation says is a "reality" of its sales-based revenue structure.
An imposing bronze statue was unveiled in Hungary's capital on Thursday which its creators say is the first in the world to pay homage to the anonymous creator of the Bitcoin digital currency.
Erected in a business park near the Danube River in Budapest, the bust sits atop a stone plinth engraved with the name of Satoshi Nakamoto, the pseudonym of the mysterious developer of Bitcoin whose true identity is unknown.
"We think of Satoshi as the founding father of the whole cryptocurrency industry," said Andras Gyorfi, a Bitcoin journalist and the initiator of the project. "He created Bitcoin, he created the blockchain technology, he's the god of our market."
The featureless face of the bust, wrapped in a bronze hoodie emblazoned with the Bitcoin logo, is heavily polished to make it reflective like a mirror in which viewers can see themselves.
Its creators, sculptors Reka Gergely and Tamas Gilly, sought to portray a human form while staying true to the anonymity of Nakamoto.
"It was a big challenge. It is very difficult to make a portrait sculpture of a person that we don't know exactly what they look like," Gilly told The Associated Press. "I hope that through the language of sculpture I have managed to convey the basic idea of Bitcoin, that it belongs to everyone and no one at the same time."
Bitcoin was created in 2008 in the wake of the global financial crisis, and aimed to circumvent traditional financial institutions by developing secure technology for peer-to-peer online transactions without using intermediaries like banks.
Its founding white paper published that year was authored by Nakamoto -- a pseudonym which could refer to a person or group of people of unknown gender, age or national origin.
The organizers of the statue project invited Nakamoto to the unveiling, Gyorfi said, in the hopes of finally learning the true identity of the Bitcoin inventor.
But though the event attracted several hundred people, no one come forward to claim responsibility for developing the cryptocurrency that has attracted tens of millions of investors and was adopted this month as legal currency in El Salvador.
Gyorfi said the statue is a token of respect to Nakamoto, and an effort to "raise awareness toward blockchain and cryptocurrencies."
Along with other Hungarian Bitcoin enthusiasts, he collected around $10,000 in cryptocurrency donations to finance the creation of the bust.
But that had to be converted into Hungarian currency, he said, because "unfortunately the sculptors and other service providers don't accept Bitcoin yet."
Canada Post is increasing stamp prices for the third time since 2019, a move the Crown corporation says is a "reality" of its sales-based revenue structure.
Defence lawyers of Jeremy Skibicki have admitted in court the accused killed four Indigenous women in Winnipeg, but argues he is not criminally responsible for the deaths by way of mental disorder – this latest development has triggered a judge-alone trial rather than a jury trial.
Democratic Institutions Minister Dominic LeBlanc will be tabling legislation on Monday aimed at countering foreign interference in Canada. Federal officials have scheduled a technical briefing on the incoming bill for Monday afternoon.
H5N1 or avian flu is decimating wildlife around the world and is now spreading among cattle in the United States, sparking concerns about 'pandemic potential' for humans. Now a health expert is urging Canada to scale up surveillance north of the border.
Polish prosecutors have discontinued an investigation into human skeletons found at a site where German dictator Adolf Hitler and other Nazi leaders spent time during the Second World War because the advanced state of decay made it impossible to determine the cause of death, a spokesman said Monday.
Italy's mafia rarely dirties its hands with blood these days. Extortion rackets have gone out of fashion and murders are largely frowned upon by the godfathers.
An Ontario MPP was asked again to leave the Ontario legislature on Monday for wearing a keffiyeh, a garment that was banned by the Speaker last month due to its political symbolism.
After his adopted parents died, Dave Rogers set out to learn more about his birth mother. DNA results and a little help from friendly strangers would put him on a path to a small town in England.
The judge presiding over Donald Trump's hush money trial fined him US$1,000 on Monday for violating his gag order once again and sternly warned the former president that additional violations could result in jail time.
Eighty-two-year-old Susan Neufeldt and 90-year-old Ulrich Richter are no spring chickens, but their love blossomed over the weekend with their wedding at Pine View Manor just outside of Rosthern.
Alberta Ballet's double-bill production of 'Der Wolf' and 'The Rite of Spring' marks not only its final show of the season, but the last production for twin sisters Alexandra and Jennifer Gibson.
A mother goose and her goslings caused a bit of a traffic jam on a busy stretch of the Trans-Canada Highway near Vancouver Saturday.
A British Columbia mayor has been censured by city council – stripping him of his travel and lobbying budgets and removing him from city committees – for allegedly distributing a book that questions the history of Indigenous residential schools in Canada.
Three men in Quebec from the same family have fathered more than 600 children.
A group of SaskPower workers recently received special recognition at the legislature – for their efforts in repairing one of Saskatchewan's largest power plants after it was knocked offline for months following a serious flood last summer.
A police officer on Montreal's South Shore anonymously donated a kidney that wound up drastically changing the life of a schoolteacher living on dialysis.
Since 1932, Montreal's Henri Henri has been filled to the brim with every possible kind of hat, from newsboy caps to feathered fedoras.
Police in Oak Bay, B.C., had to close a stretch of road Sunday to help an elephant seal named Emerson get safely back into the water.