Breaks Categories: News

ThursdayJun 14, 2018 11:43 am

CryptoNewsBreaks – Bitcoin Prices Drop Following Publication of Study by University of Texas-Austin

Bitcoin dropped 2% Wednesday morning, falling as low as $6,385. A post published Wednesday by TIME indicates that the latest crash may be the result of a recently released study by University of Texas-Austin researchers. The new study, conducted by University of Texas finance professor John M. Griffin and graduate student Amin Shams, suggests that the prices were manipulated when Bitcoin climbed from $800 to almost $20,000 last year (http://ccw.fm/XhcZ1). The research presents evidence that another cryptocurrency named Tether was used to purchase Bitcoin after market dips, thus raising Bitcoin prices. Bitcoin isn’t the only cryptocurrency collapsing throughout this year.…

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WednesdayJun 13, 2018 9:48 am

CryptoNewsBreaks – Global Payout, Inc. (GOHE) Announces Management Team Shake-up ahead of Reverse Triangle Merger

Payment solutions company Global Payout, Inc. (OTC: GOHE) this morning announced that, as part of its previously detailed reverse triangle merger with MoneyTrac Technology, Inc. (“MTRAC”), MTRAC will be integrating its existing executive management team into Global Payout. Per the update, longtime GOHE CFO Joseph Sebo and President Bill Rochfort have submitted their resignations from both their respective positions and their seats on GOHE’s board of directors. Additionally, James Hancock has submitted his notice of resignation as GOHE’s CEO and chairman, effective June 12, 2018. Vanessa Luna, who has served as MTRAC’s CEO and chairman since the beginning of the…

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TuesdayJun 12, 2018 11:32 am

CryptoNewsBreaks – Net Element, Inc. (NASDAQ: NETE) Netevia Platform Launches Smart Vendor Payments Solution

Global technology and value-added solutions group Net Element, Inc. (NASDAQ: NETE) this morning announced that its Netevia platform will now include a smart solution for permitting secure vendor payments. The platform solution enables safe, electronically delivered payments using a secure single-use dynamic credit card number. The payments can only be processed by the designated vendor for an exact amount, and have added controls for enhanced flexibility and security. The platform also works with existing accounting systems without requiring a complex setup or integration and offers 24/7 customer support via phone, email or live chat. “We are excited to enable this…

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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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