Breaks Categories: News

ThursdayDec 17, 2020 3:14 pm

CryptoNewsBreaks – One of the Biggest Names in Crypto Is One Step Closer to IPO

Coinbase was featured in a Cointelegraph article regarding the draft registration it has sent to the U.S. Securities and Exchange Commission “SEC,” leaving its future IPO in the commission’s court. The piece, titled “The Coinbase IPO is coming, according to SEC filing,” discusses the one-step-closer status for one of crypto’s most-anticipated initial public offerings. The article reads, “On Thursday, Coinbase announced that the firm had sent its draft registration for a public offering to the Securities and Exchange Commission. The company wrote that: ‘The Form S-1 is expected to become effective after the SEC completes its review process, subject to…

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ThursdayDec 17, 2020 12:00 pm

CryptoNewsBreaks – Robinhood Agrees to Pay $65 Million to Settle SEC Charges Regarding Trading App

Robinhood has prevented Securities and Exchange Commission (“SEC”) charges from progressing by paying the commission $65 million. The SEC charged that the company had misled app users by claiming to be commission free while actually charging extra on execution prices that it received back from market makers. The trading app is known for creating a platform that makes investing accessible for everyone. The SEC charges noted that between 2015 and 2018 Robinhood had deceived app users about where its money was actually coming from, specifically misrepresenting its "receipt of payments from certain principal trading firms, also known as electronic market…

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WednesdayDec 16, 2020 10:28 am

CryptoNewsBreaks – Innovative Payment Solutions Inc. (IPSI) to Expand into Global Digital Payment Infrastructures Through Strategic Joint Venture

Innovative Payment Solutions (OTCQB: IPSI), a U.S.-based fintech company building 21st century digital payment solutions, today announced the launch of a joint venture with blockchain and artificial intelligence company BLGI Inc. (OTCQB: BLGI). The joint venture will help expand IPSI into global digital payment infrastructures and ultimately advance the companies’ mutual efforts towards unlocking blockchain technology for swift funds processing, ensuring simplicity of payment for services at a substantially reduced cost for consumers and secure network to transfer funds anywhere in the world. “Our agreement with BLGI provides our companies with a tremendous opportunity to develop, evaluate and implement a…

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TuesdayDec 15, 2020 1:21 pm

CryptoNewsBreaks – Rare, Authentic Digital Collectibles for Emerging Virtual Music Industry – deadmau5 – to Launch on WAX Blockchain

deadmau5 and the Worldwide Asset eXchange(TM) (“WAX”) today announced a limited series of NFTs slated for release on the WAX Blockchain. Brought together by blockchain music project Emanate, the collaboration opens Dec. 16 at noon EST. The deadmau5 series is the first set of digital collectibles under the new brand name RAREZ and includes rare and authentic digital collectibles for the emerging virtual music industry. Each deadmau5 collectible is 100% verifiable as authentic due to trading on the blockchain. The launch on WAX marketplaces will allow deadmau5 fans to buy the packs with a credit card or cryptocurrency and easily…

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TuesdayDec 15, 2020 12:45 pm

CryptoNewsBreaks – Blockchain Fest 2021 to Draw Experts from Around the World, Open New Horizons for the Industry

Blockchain Fest is slated to take place in December 2021 in Limassol and has chosen Cyprus, the European financial and IT center, as its hub to welcome 1,000 on-location visitors as well as over 10,000 users through online streaming services. The two-day business-to-business (“B2B”) event will be hosted in Parklane Hotel and provide attendees the opportunity to network, build connections, share the experiences and dive deeper into innovations of blockchain and artificial intelligence. The forum promises to become one of the largest and most important events in the world of crypto. Blockchain Fest will bring together top-professionals and industry leaders…

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WednesdayDec 09, 2020 12:25 pm

CryptoNewsBreaks – ISW Holdings Inc. (ISWH) Announces Agreement with Noteholders to Reduce Debt

ISW Holdings (OTC: ISWH), a global brand management holdings company, has reached an agreement with its largest noteholders to exchange approximately 50% of its current convertible debt for restricted preferred equity. The agreement eliminates a significant portion of the dilution potential from convertible debentures currently carried by ISW Holdings. The agreement calls for ISWH and its largest noteholder to exchange principal and interest with an aggregate value of $602K for restricted Preferred B equity. The move reduces total debt for ISWH and curtails dilution potential over the coming months and years. The agreement forms the basic template ISW Holdings intends…

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ThursdayDec 03, 2020 12:20 pm

CryptoNewsBreaks – ISW Holdings Inc. (ISWH) Moves to Deployment Phase of State-of-the-Art Crypto Mining Solution

ISW Holdings (OTC: ISWH), a global brand management holdings company, today announced that its new Proceso S19 Pod5ive datacenter pod (the “Pod5”), which is capable of driving megawatt-level cryptocurrency computational mining power, has shipped and arrived at the 100 MW renewable energy Bit5ive LLC (“Bit5ive”) cryptocurrency mining project based in Pennsylvania. According to the update, the Pod5 is now awaiting final approval before operational launch. “We are now moving into our deployment phase at the Pennsylvania location,” said Alonzo Pierce, president and chairman of ISW Holdings. “Next is Bit5ive’s test and approval process given that our Pod5 is a new…

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ThursdayDec 03, 2020 11:39 am

CryptoNewsBreaks – Innovative Payment Solutions Inc. (IPSI) Announces Strategic Advisory Board Appointment

Innovative Payment Solutions (OTCQB: IPSI), a U.S.-based fintech company focused on building 21st century digital payment solutions, today announced the addition of a blockchain expert, the CEO of Black Cactus Global Inc (OTC: BLGI), Lawrence P. Cummins to the IPSI advisory board. According to the update, Cummins brings extensive knowledge and experience in data science, machine learning, cloud computing and blockchain integration. “Lawrence Cummins will be a valuable addition to our advisory board. He will provide strategic advisory expertise to guide our plan to develop, deploy, evaluate and implement blockchain technology, expand our distribution ecosystem and coordinate analytical marketing data…

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WednesdayDec 02, 2020 2:08 pm

CryptoNewsBreaks – Blockchain Heroes(TM) to Launch New Collection of Best-Selling Digital Trading Cards – First Strike

After crushing sales records in the WAX digital collectible space in August, Blockchain Heroes is back with a new set of trading cards designed to introduce thousands of collectors to the strengths of blockchain technology. Set to launch at 12 p.m. EST on Dec. 15, 2020 — Blockchain Heroes 2: First Strike — brings an entirely new set of heroes who are fighting against the evil centralizers to the rapidly growing base of non-fungible token collectors. And in epic form, the set will unveil 20 villains who battle the heroes to keep the status quo in centralized finance and politics.…

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TuesdayDec 01, 2020 12:33 pm

CryptoNewsBreaks – ISW Holdings Inc. (ISWH) Moves Toward Anti-Dilution Policy, Commercial Launch of Cryptocurrency Segment

ISW Holdings (OTC: ISWH), a global brand management holdings company, today announced that it is negotiating with noteholders toward establishing a new agreement that will form the foundation for its emerging anti-dilution policy designed to protect the value of its common stock and return more of that value to its shareholders. According to the update, the current negotiation contemplates an agreement whereby noteholders will exchange their notes for preferred restricted shares, reducing debt on the balance sheet and protecting shareholders against dilution. “We are moving toward the commercial launch of our Cryptocurrency segment, which was established this summer through our…

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