Breaks Categories: News

MondayJun 11, 2018 3:22 pm

CryptoNewsBreaks – As Analysts Search for Answers, Bitcoin Price Down 50% YTD

The price of bitcoin has made headlines in the past for its volatility, and this trend has continued despite the cryptocurrency’s rising mainstream appeal. Over the weekend, bitcoin fell from a Saturday high of $7,671.28 to a low of $6,760.05 over the course of less than 48 hours. All told, the cryptocurrency market shed more than $40 billion on what industry analysts have minted ‘Bloody Sunday’, with many media outlets attributing the decline to a security breach at South Korean cryptocurrency exchange Coinrail. A post published Monday morning by Coinrail indicates that hackers obtained roughly 30 percent of the exchange’s…

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FridayJun 08, 2018 9:34 am

CryptoNewsBreaks – SinglePoint, Inc. (SING) President Provides Update on Recent Company Activity in Interview on MoneyTV

SinglePoint, Inc. (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 provides an update of recent company activities. Among other highlights, Ralston updated viewers on the progress of the company’s commercial for its crypto wallet application which features original Shark Tank member Kevin Harrington. “The commercial is ready to go, and we've finished up some beta testing on the actual wallet itself,” SinglePoint President Wil Ralston stated in the interview. “Now, we'll…

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ThursdayJun 07, 2018 9:46 am

CryptoNewsBreaks – Medical Cannabis Payment Solutions (REFG) Subsidiary Featured in Story on KREX

Cannabis-focused financial services company Medical Cannabis Payment Solutions (OTC: REFG) this morning announced that its SpeedyGrow subsidiary was recently featured in a KREX news story about CBD and hemp. Per the update, KREX is the CBS-affiliated television station in Grand Junction, Colorado. “We were honored to be featured in the news segment and to discuss our efforts in CBD extraction,” Jeremy Roberts, CEO of REFG, stated in the news release. “Most of our shareholders haven’t seen our Colorado facility. The news story gives them a small tour.” The full news story is available for review at http://ccw.fm/v70DI. To view the…

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WednesdayJun 06, 2018 10:12 am

CryptoNewsBreaks – Virtual Crypto Technologies Inc. (VRCP) to Launch NetoBit ATM at the TechCrunch Tel Aviv Event

Cryptocurrency-focused technology company Virtual Crypto Technologies Inc. (OTCQB: VRCP) this morning announced its plan to launch its bitcoin ATM at the TechCrunch Tel Aviv event taking place tomorrow, June 7, 2018. Virtual Crypto's NetoBit ATM distinguishes itself from other bitcoin ATM platforms by enabling real time conversion, purchase and sale of bitcoin through the bi-directional platform. The product is available for purchase globally and presently supports most common currencies. "We continue to set standards for the burgeoning cryptocurrency sector. Our proprietary algorithm reduced the typical transaction time from 10 to 60 minutes to several seconds. At this stage, NetoBit ATMs…

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WednesdayJun 06, 2018 9:25 am

CryptoNewsBreaks – SinglePoint, Inc. (SING) Completes Production of Bitcoin Wallet Commercial; Posts Update on Form 10

Technology and investment company SinglePoint (OTCQB: SING) this morning announced that it has completed production of a commercial for its crypto wallet application which features original Shark Tank member Kevin Harrington. Now that production is complete, SinglePoint can focus on obtaining approvals from the major national networks to air the commercial, which ranges in time from 15 seconds to two minutes. Additionally, the company announced that it has internally completed the Form 10 and is now under review by the company’s auditors. Becoming fully reporting will give the company more transparency, increased liquidity and value for its shareholders. This feat…

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TuesdayJun 05, 2018 2:45 pm

CryptoNewsBreaks – ChineseInvestors.com, Inc. (CIIX) Enters Licensing Partnership with The Bad Crypto Podcast

Premier financial information company ChineseInvestors.com, Inc. (OTCQB: CIIX) this morning announced that it has entered into a licensing partnership with The Bad Crypto Podcast to redistribute Chinese translations of the podcast’s most popular interviews on www.NewCoins168.com. “Since it first aired in July 2017, The Bad Crypto Podcast hosted by Joel Comm, Bitcoin Evangelist and Travis Wright, Blockchain Entrepreneur, has become a worldwide phenomenon with over 150 episodes for curious individuals trying to figure out cryptocurrency, blockchain and the future of digital payments,” Warren Wang, CEO of CIIX, stated in the news release. “We are confident that this lighthearted, entertaining programming…

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WednesdayMay 30, 2018 12:08 pm

CryptoNewsBreaks – Virtual Crypto Technologies Inc. (VRCP) Enters Commercial Sector through Agreement with Lincoln Billiards

Cryptocurrency-focused technology company Virtual Crypto Technologies Inc. (OTCQB: VRCP) this morning announced its entry into an agreement to provide cryptocurrency acceptance services to Lincoln Billiards, the largest chain of billiard clubs in Israel. Per the terms of the agreement, Virtual Crypto will first establish a pilot program at one of Lincoln Billiards’ six locations, with this initial installation allowing the two companies to determine the optimal way to customize and implement the Virtual Crypto platform across all of the Lincoln Billiards locations. “This is an important milestone for the Company,” Alon Dayan, CEO of Virtual Crypto, stated in the news…

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MondayApr 16, 2018 9:56 am

CryptoNewsBreaks – PotNetwork Holding, Inc. (POTN) Acquires Cryptocurrency Mining Facility

Cannabidiol-focused holding company PotNetwork Holding Inc. (OTC: POTN), through its Blockchain Crypto Technology Corporation subsidiary, this morning announced its acquisition of a purpose built, climate controlled cryptocurrency mining facility. Per the update, this facility will allow the company to diversify its investments by capitalizing on the lucrative bitcoin mining industry. The state of the art facility features 115 dedicated cryptocurrency mining rigs, which are expected to allow the company to handle future transactions related to its proprietary altcoin digital currency. By solidifying its position in the cryptocurrency space, PotNetwork will look to capitalize on the industry’s recent expansion and strong…

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MondayApr 16, 2018 9:13 am

CryptoNewsBreaks – AnalytixInsight Inc. (TSX.V: ALY) (OTCQB: ATIXF) Announces Financial Results for Fourth Quarter and Full Year 2017

Artificial intelligence company AnalytixInsight Inc. (TSX.V: ALY) (OTCQB: ATIXF) this morning announced its financial results for the fourth quarter and full year ended December 31, 2017. Among the highlights, the company recorded revenues of more than $4.5 million for the 12-month period, up from $1.07 million in 2016. Per this morning’s update, these fiscal year results mark the strongest in the company’s history. “2017 was a transformational year for the Company, and we are very pleased with our developments,” Prakash Hariharan, president and CEO of AnalytixInsight, stated in the news release. “We continued to strengthen our machine-learning platform and we…

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ThursdayApr 12, 2018 9:34 am

CryptoNewsBreaks – Global Payout, Inc. (GOHE) Details MoneyTrac Technology’s Preparation Activities for Launch of MTRAC Payment Platform

Payment solutions company Global Payout, Inc. (OTC: GOHE) this morning announced that MoneyTrac Technology, Inc. ("MTRAC"), a company in which GOHE currently holds an 18 percent ownership stake, has begun accepting applications from qualified merchants operating within a variety of alternative and high-cost industries for the use of its MTRAC payment platform. This payment system, powered by GreenBox blockchain technology, serves as the foundation of MTRAC’s ‘Key to Cashless™’ service platform. “This launch represents the culmination of the work our team has been doing over the last year and a half,” Vanessa Luna, CEO of MTRAC, stated in the news…

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