Breaks Categories: News

WednesdayOct 10, 2018 3:38 pm

CryptoNewsBreaks – High Energy Consumption of Crypto Mining Sparks Debate

Alphabet Inc.’s (NASDAQ: GOOGL) Google was highlighted in a recent Forbes article titled, “Google Ad Reveals Search Giant's Feelings On Bitcoin And Crypto,” authored by Billy Bambrough. Per the article, the high energy costs sustained by cryptocurrency mining have become a recurring criticism aimed at the booming industry. A recent advertisement launched for Google's new Call Screen service shines a light on the immense cost of mining bitcoin and cryptocurrency. Google is not alone, as many have suggested the power is unsustainable, making bitcoin and cryptocurrency inapt for mainstream adoption. The bitcoin community countered by highlighting the incorrect search results…

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TuesdayOct 09, 2018 12:01 pm

CryptoNewsBreaks – Global Payout, Inc. (GOHE) Reports Significant Rise in MTrac Platform Transactions with New Pin Debit System

Global Payout (OTC: GOHE), alongside wholly owned subsidiary MTrac Tech Corp., this morning announced that its new pin debit system that has been deployed and is now live in one of the initial merchants to sign on with MTrac has considerably increased the amount of transactions processed through the MTrac Platform. The new pin debit system developed by Cultivate Technologies furthers MTrac’s mission to deliver seamless merchant processing for high risk industries such as the cannabis sector. The company will continue to monitor the first live test case of the new MTrac Platform over the coming days and anticipates to…

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TuesdayOct 09, 2018 11:23 am

CryptoNewsBreaks – SinglePoint, Inc. (SING) Highlights Success of SingleCoin Bitcoin Wallet App following Launch of National TV Campaign

Technology and investment company SinglePoint, Inc. (OTCQB: SING) this morning announced that its recently launched bitcoin wallet application SingleCoin has surpassed 12,000 downloads and is continuing to experience strong demand on both Google Play and the Apple App Store. The milestone comes on the heels of SinglePoint’s launch of a national TV campaign featuring Kevin Harrington, an original Shark from ABC’s hit show ‘Shark Tank’ (http://ccw.fm/Jomd8). “This has been a huge success in our eyes. We plan to line up more air time for the commercial,” Wil Ralston, president of SinglePoint, stated in the news release. “As our user base…

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FridayOct 05, 2018 9:32 am

CryptoNewsBreaks – SinglePoint, Inc. (SING) CEO Discusses Impact of National TV Campaign in Interview on MoneyTV

SinglePoint (OTCQB: SING) was a featured company on this week’s episode of MoneyTV with Donald Baillargeon. MoneyTV is an internationally syndicated television program discussing “money and what makes it happen.” In this week’s episode, SinglePoint CEO Greg Lambrecht reflected on the first week of the company’s National TV campaign with Kevin Harrington introducing the SingleCoin application. “We really got a lot of new investors and we had a nice volume and stock increase,” CEO Greg Lambrecht stated in the interview. “Most importantly, we got a lot of people to sign up. We're very excited about how it turned out and…

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ThursdayOct 04, 2018 10:04 am

CryptoNewsBreaks – DPW Holdings, Inc. (NYSE American: DPW) Subsidiary Secures Line of Credit to Fund Growth

DPW Holdings, Inc. (NYSE American: DPW), a diverse holdings company, this morning announced that its subsidiary, Super Crypto Mining, has entered into a revolving loan agreement for up to $2.5 million in connection with a security agreement granting interest in certain collateral, including bitcoin. “It is important for each subsidiary to develop its own capital structure to create flexibility and provide opportunity for expansion,” Milton “Todd” Ault, III, CEO and chairman of DPW, stated in the news release. “As Super Crypto continues its plan to increase miners, this line of credit enables Super Crypto to deploy its assets – bitcoin…

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WednesdayOct 03, 2018 10:21 am

CryptoNewsBreaks – Global Payout, Inc. (GOHE) Subsidiary Executes Exclusive Agreement with Cultivate

Global Payout (OTC: GOHE), alongside wholly owned subsidiary MTrac Tech Corp., has executed an exclusive agreement with Cultivate Technologies, LLC, a blockchain based Point of Sale (“POS”) company. The agreement permits MTrac to integrate Cultivate’s POS system into its blockchain powered payment processing platform. Following an extensive integration and beta testing period, the company believes that this approach will lead to the development of an efficient, reliable payment platform. “This agreement with Cultivate brings the tech support, equipment, and ease of integration that will significantly enhance our ability to capture those coveted high-risk-merchant sectors we have been focused on for…

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TuesdayOct 02, 2018 2:01 pm

CryptoNewsBreaks – Net Element, Inc. (NASDAQ: NETE) Enters MOU with Bank Sputnik to Launch New Payment Processing Center

Net Element (NASDAQ: NETE), a global technology and value-added solutions group, today announced its entrance into a memorandum of understanding (“MOU”) with Bank Sputnik to launch a technology platform. The platform is anticipated to offer a suite of payment acceptance services for financial institutions and value-added providers. Per the MOU, NETE will complete the deployment, launch and servicing of the payment processing center in exchange for 25% of issued and outstanding shares of Bank Sputnik. The bank will provide the capacity for the data center for deployment and use of software required for the execution of the program, as well…

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MondayOct 01, 2018 9:42 am

CryptoNewsBreaks – BLOCKStrain Technology Corp. (TSX.V: DNAX) (OTC: BKKSF) Appoints New CFO

Integrated blockchain platform innovator BLOCKStrain Technology Corp. (TSX.V: DNAX) (OTC: BKKSF) this morning announced its appointment of Swapan Kakumanu to the positions of chief financial officer and director of the company. Per the update, Kakumanu brings more than 25 years of senior finance and operations experience to the BLOCKStrain team, having served at the senior executive management level of both public and private companies. “The appointment of Swapan as Chief Financial Officer and Director demonstrates the creation of a top-shelf leadership team which indicates BLOCKStrain's readiness to execute on the Company's growth strategy,” Cameron Chell, chairman of BLOCKStrain, stated in…

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MondayOct 01, 2018 9:21 am

CryptoNewsBreaks – DPW Holdings, Inc. (NYSE American: DPW) Announces Appointment of Chief Accounting Officer

DPW Holdings, Inc. (NYSE American: DPW), a diverse holdings company, this morning announced its appointment of Kenneth S. Cragun to the position of chief accounting officer. Per the update, Cragun will report directly to DPW CFO William B. Horne. “With over 30 years’ experience serving a wide variety of public and private multi-national businesses, Ken is a great fit for DPW,” Milton “Todd” Ault, chairman and CEO of DPW, stated in the news release. “He is a strategic thinker who is comfortable in fast-growth and dynamic environments, building great teams and providing solid financial and accounting infrastructure. His expertise includes…

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FridaySep 28, 2018 9:31 am

CryptoNewsBreaks – SinglePoint, Inc. (SING) President Discusses First Airing of SingleCoin TV Ad Featuring Kevin Harrington in Interview on MoneyTV

SinglePoint (OTCQB: SING) was a featured company on this week’s episode of MoneyTV with Donald Baillargeon. MoneyTV is an internationally syndicated television program discussing “money and what makes it happen.” In this week’s episode, SinglePoint president Wil Ralston announced that the company’s commercial with Kevin Harrington introducing the SingleCoin application began airing this week. “We've been working long and hard on getting this spot to air, and it actually started airing this week,” SinglePoint president Wil Ralston stated in the interview. “The first run was in prime time on FOX News. We're very excited to start being able to measure…

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