January 2022 - CryptoCurrencyWire

MondayJan 31, 2022 1:53 pm

Decentralized Status of Lightning Network Discussed at Keyfest 2022; LQwD FinTech Corp. (TSX.V: LQWD) (OTCQB: LQWDF) Achieves Significant Growth Since 2021 Acquisition

Keyfest 2022 prompted the question as to whether the Lightning Network is decentralized – the very essence of the layer 2 protocol overlay of the blockchain Unlike fiat currency, which is ultimately governed by The Federal Reserve, Bitcoin’s Lightning Network is comprised of nodes and channels with no direct governing body The success of the Lightning Network since January 2021 is driving LQwD's drive for the new year In a 2015 white paper draft, Joseph Poon and Thaddeus Dryja laid out the Lightning Network for the first time. Two years later, in 2017, the first transaction was made on the…

WednesdayJan 26, 2022 12:00 pm

LQwD FinTech Corp. (TSX.V: LQWD) (OTCQB: LQWDF) and Lightning Network Could Benefit Immensely by Bitcoin’s Potential as Hedge Against Inflation

Bitcoin is becoming increasingly popular, having already been adopted as legal tender by El Salvador in 2021, and being bartered for incentives in other areas, such as Rio offering a 10% discount when taxes are paid in Bitcoin Instead of spending, some crypto owners (HODLers) are holding crypto in high-yield savings accounts, collecting up to 12% APY interest – benefiting despite the volatility of the coin LQwD has seen exponential growth since its completed acquisition in June 2021, with a current Bitcoin holding of almost 150 tokens Lightning Network has also grown significantly over the past year in terms of…

WednesdayJan 26, 2022 11:30 am

DigiMax Global Inc. (CSE: DIGI) (OTC: DBKSF) CryptoHawk Provides Power Predictive Tool to Provide Insight into Volatile Crypto Trading Space

CryptoHawk is designed to monitor, analyze cryptocurrencies to predict price trends and alerts traders when change occurs DIGIMax recently added Altcoin Radar to its CryptoHawk trading tools arsenal to detect unexpected fast rises The world of crypto trading is known for its volatility, with wild fluctuations within the market. DigiMax Global's (CSE: DIGI) (OTC: DBKSF) CryptoHawk, one of the world’s most powerful and complete crypto price prediction indicator tools available, can provide a bird’s eye view of crypto investing, resulting in more efficient predictions (https://ccw.fm/ipqL5). As cryptocurrencies grow in popularity, new investors entering the space will soon find out that…

TuesdayJan 18, 2022 1:15 pm

GreenBox POS (NASDAQ: GBOX) Releases Record-Breaking Q3 2021 Financial Results; Expands Management Team; Hosts Year-End Update Call

In August, GreenBox celebrated a monumental milestone when it processed over $1 billion in transaction volume for all of 2021 GreenBox’s year-to-date processing volume grew to $1.4 billion as of September 30, 2021 The company reported $8 million in revenue and $5.6 million in gross profit in Q3 2021 GreenBox appointed Paul Levine as CEO and Co-Founder of Coyni stablecoin spinoff company, Robert Houghton as CTO, and Jacqueline Reynolds as CMO The company’s management hosted a year-end update call on December 9 Approximately eight months after GreenBox POS (NASDAQ: GBOX) released its Generation 3 (“Gen3”) technology, which expanded and expedited the…

TuesdayJan 18, 2022 9:00 am

LQwD FinTech Corp. (TSX.V: LQWD) (OTCQB: LQWDF) Provides Corporate Recap After Successful Six Months Since Acquisition

LQwD is the first publicly traded Lightning Network company In November 2021, LQwD launched its proprietary SaaS lqwd.tech, a Lightning Network software platform to lower transaction fees, more efficient liquidity, and seamless use of the global payments' infrastructure The platform also helps complete transactions with lower wait times Since January 21, 2021, the Lightning Network has seen over 100% growth in multiple areas of development LQwD FinTech (TSX.V: LQWD) (OTCQB: LQWDF), a Bitcoin Lightning Network company focusing on the development of institutional-grade payment infrastructure and solutions, has provided a corporate recap covering major highlights since the acquisition of LQwD took…

MondayJan 10, 2022 11:40 am

As Bitcoin Marks 13th Anniversary, LQwD FinTech Corp. (TSX.V: LQWD) (OTCQB: LQWDF) Works Toward Widespread Cryptocurrency Adoption via Lightning Network PaaS Offering

Bitcoin saw many different milestones during 2021, including surpassing $1 trillion in market value LQwD launched its PaaS, lqwd.tech, on November 17, amidst the Adopting Bitcoin – A Lightning Summit in El Salvador The Lightning Network has seen explosive growth since January 2021 LQwD’s corporate and operational update highlights several of the company’s achievements regarding funding, agreements to drive Bitcoin adoption and own Bitcoin deployment to procure additional Lightning Network nodes and provide liquidity for the platform Bitcoin was officially launched 13 years ago on January 3, 2009, by Satoshi Nakamoto, the pseudonym used by the person or persons who…

MondayJan 10, 2022 11:23 am

BlockFi Poised to Build on Momentum Following Blockbuster 2021

Bitcoin prices rose to an all-time high of $69K in 2021, spurring a tide of consumer interest in the cryptocurrency market BlockFi capitalized on this demand through the release of the first-ever crypto rewards credit card, signing up 75,000 clients in 2021 Improvements to its trading experience helped BlockFi expand its overall client base from 100,000 to 600,000 over the past 12 months BlockFi, a financial services company dedicated to building a bridge between cryptocurrencies and traditional financial and wealth management products, recently released a letter from its founders providing an introspective on the company’s 2021 milestones and highlighting the…

FridayJan 07, 2022 9:30 am

GreenBox POS (NASDAQ: GBOX) Is ‘One to Watch’

GreenBox POS reported $8 million in revenue for Q3 2021 on $540 million processed transaction volume GreenBox’s guidance for FY2022 forecasts processing volume of at least $4.9 billion The company’s planned spinoff of its coyni smart contract token technology is expected to accelerate revenue growth GreenBox shareholders will have an opportunity to benefit from dividends in the coyni spin off IPO The company’s Board of Directors recently approved a share buy-back program GreenBox POS (NASDAQ: GBOX) is an emerging financial technology company leveraging proprietary security and token technology to build customized payment solutions for business. The company’s mission is to build…

TuesdayJan 04, 2022 12:09 pm

LQwD FinTech Corp. (TSX.V: LQWD) (OTCQB: LQWDF) CEO Shone Anstey Discusses Lightning Network Future, Own Company’s PaaS Offering in Gamechangers LIVE(R) Podcast

The podcast is hosted by Executive Coach and Speaker Sergio Tigera, who spent half an hour discussing Anstey’s cryptocurrency past, present, and future The LQwD CEO shared his unique perspective on the journey, mindset, struggles, and successes accomplished The PaaS offered by LQwD was released November 17 and makes Bitcoin’s Lightning Network easy to use and allowing for low fees, faster transactions and the ability to make micro-transactions The December 21 episode of Gamechangers LIVE(R) featured the Co-Founder, Chairman, and CEO of LQwD FinTech (TSX.V: LQWD) (OTCQB: LQWDF), Shone Anstey. LQwD is a fintech company that focuses on creating enterprise-grade…