Breaks Categories: News

MondayAug 05, 2019 11:06 am

CryptoNewsBreaks – Square, Inc.’s (NYSE:SQ) Cash App Makes $125 Million in Q2 Bitcoin Revenue

Payments company Square, Inc. (NYSE:SQ) on Thursday released its second-quarter earnings. According to the update, the company’s crypto-friendly Cash App made $125 million in revenue from bitcoin this quarter, nearly doubling the revenue of the preceding quarter. The increase led to a $2 million gross profit from bitcoin alone, and the massive leap in sales is attributed to increased trading volume in bitcoin, largely due to the recent pump in price. For the last five quarters, Square’s bitcoin sales have been increasing and accelerating, in Q1, 2019, registering a record-high of $65.5 million in revenue and $832,000 in profit. “We…

Continue Reading

ThursdayAug 01, 2019 1:29 pm

CryptoNewsBreaks – Second Annual Voice of Blockchain to Take Place at Chicago’s Sophisticated Venue SIX10

The second annual Voice of Blockchain Conference is slated to take place at the sophisticated Venue SIX10 in downtown Chicago from September 30 to October 1, 2019. The event expects to draw more than 1,000 attendees and will feature three stages of high-quality curated content and 150 scheduled speakers to demonstrate the power and future of blockchain. “Voice of Blockchain is a not-to-be-missed gathering that captures the true spirit and opportunity of blockchain,” Joe Hernandez, Voice of Blockchain founder, said in the news release. “This conference was created based on the core beliefs that trust and quality create value and…

Continue Reading

WednesdayJul 31, 2019 12:47 pm

CryptoNewsBreaks – Plouton Mining Announces Title Sponsorship of Futurist Conference, Canada’s Largest Blockchain Event

Plouton Mining, which will be North America’s largest solar-powered mining operation, today announced title sponsorship of the Futurist Conference, Canada’s largest blockchain event. According to the update, the partnership with Futurist aligns with Plouton’s latest achievement of raising over $1 million to date. “We are excited to announce our partnership with Futurist 19 in the form of Title Sponsorship,” Plouton Mining CEO Ramak J. Sedigh said in the news release. “The conference’s focus on the future of technology aligns with our mission of providing people with an opportunity to invest in the growing bitcoin economy and to become a shareholder…

Continue Reading

FridayJul 19, 2019 12:18 pm

CryptoNewsBreaks – RENBDO Announces Pre-ICO Campaign

RENBDO.io recently announced its readiness to commence a pre- ICO (Initial Coin Offering) campaign to kick-start the development of its blockchain startup Renewable Energy Network Based on Decentralized Organization (“RENBDO”). The RENBDO project concept was envisioned by Eco Smart Energies to set up a wind farm comprised of 52 turbines. The European Union irredeemable funds for green energy has already covered 70% of the required funding for this initiative. The primary objective of the campaign is to obtain enough funds for the remaining 30%. The project’s proprietary Renewable Energy Token (“RET”) will be available for purchase to investors at a…

Continue Reading

ThursdayJul 18, 2019 12:26 pm

CryptoNewsBreaks – Concern Over Mining Operations as Iranians Turn to Bitcoin Amidst Sanction Squeeze

A Fox News article this morning addressed the topic of Iranians, who are feeling the squeeze from U.S. sanctions targeting the Islamic Republic's ailing economy, increasingly turning to such digital currencies as Bitcoin to make money. According to the article, this is prompting alarm in and out of the country. Some government officials in Iran worry that the energy-hungry Bitcoin "mining" process is abusing Iran's system of subsidized electricity. In addition, some U.S. observers have warned that cryptocurrencies could be used to bypass the Trump administration's sanctions targeting Iran over its unraveling nuclear deal with world powers. “It is clear…

Continue Reading

ThursdayJul 11, 2019 11:59 am

CryptoNewsBreaks – Canada’s Largest Blockchain Conference Set for August 13-14 in Toronto

Canada’s largest and most renowned blockchain event, Untraceable’s Blockchain Futurist Conference, is returning to Toronto, Canada this summer. The conference will be held at the Rebel Entertainment Complex & Cabana Pool Bar in Toronto from August 13th to 14th, 2019. The conference was specifically designed by Tracy Leparulo of Untraceable to deliver a crypto-friendly environment that provides a captivating look at a digital future that values virtual tokens and cryptocurrencies. Among other highlights, the event will cover new developments in blockchain technology and the most exciting tech startups. It will also feature over 50 presentations by leading industry experts and…

Continue Reading

TuesdayJul 09, 2019 12:10 pm

CryptoNewsBreaks – CryptoCurrencyWire to Help Maximize Awareness of Transformative Technology at ‘Must-Attend’ Blockchain Futurist Conference

Multifaceted financial news and publishing company of the InvestorBrandNetwork, CryptoCurrencyWire (“CCW”), today announced that it will serve as the Official Newswire and Gold Sponsor of Untraceable’s Blockchain Futurist Conference. The conference, to be held at the Rebel Entertainment Complex & Cabana Pool Bar in Toronto from August 13 to 14, 2019, is Canada’s largest and most high-profile blockchain event. The conference will bring together more than 2,300 attendees, 114 speakers, numerous press individuals and exhibitors from around the globe to discuss the future of technology in a crypto-friendly atmosphere. The engaging event encourages networking, partnerships, deal-making and the use of…

Continue Reading

TuesdayJul 09, 2019 11:38 am

CryptoNewsBreaks – VirgoCX Completes Successful Launch of OTC Trading Desk and Retail Platform

Canadian blockchain FinTech company VirgoCX has launched its high-performance trading platform for both retail and institutional traders, investors, crypto enthusiasts, and beginners to safely and securely buy, sell and trade Bitcoin, Ethereum and other popular digital currencies. The company launched its over-the-counter (“OTC”) trading desk in April and, in its first two months of operation, processed multi-million dollar volumes. In addition, VirgoCX soft launched its retail platform last week, which is already attracting hundreds of registered users. “The recent launch of our retail platform is another step towards becoming the most trusted and reliable cryptocurrency platform in Canada,” VirgoCX Chief…

Continue Reading

ThursdayJun 27, 2019 11:54 am

CryptoNewsBreaks – “The Halvening” Theory Gaining Traction to Explain Bitcoin’s 200% Rise

A recent CNBC article discusses another potential reason for bitcoin’s 200% rise this year, describing one particular theory that is gaining traction – “the halvening.” According to the article, the event is where rewards to so-called bitcoin miners are cut in half. Every few years, rewards are halved in order to keep a lid on inflation. Currently, the number of bitcoins awarded to miners who win the race to solve complex math problems to validate bitcoin transactions stands at 12.5. Experts say that, by May 2020, the reward per miner will be halved again, to 6.25 new bitcoins. “Bitcoin’s current…

Continue Reading

WednesdayJun 26, 2019 10:34 am

CryptoNewsBreaks – Real Estate Tokenization Shaking Up Property Investment, Fortem Platform to Hold First IEO in EU

A recent article on Forbes.com submitted by Enterprise & Cloud Contributor Ilker Koksal describes a shakeup in property investment driven by real estate tokenization, and also announces that real estate tokenization platform Fortem will hold the first IEO in the EU at Coinsbit Exchange. According to the article, Fortem, with a project team having several years of experience and an investment portfolio worth 155 million zlotys ($41 million), seeks to tokenize the real estate market in Poland. In a venture it believes will transform the way the world invests, trades, and transfers value, the new Fortem Capital token product focuses…

Continue Reading