Breaks Categories: News

TuesdayNov 06, 2018 9:54 am

CryptoNewsBreaks – DPW Holdings, Inc.’s (NYSE American: DPW) New Organizational Structure Intended to Support Growth Objectives, Distinguish Subsidiaries

DPW Holdings, Inc. (NYSE American: DPW) today announced that a proposed reorganization of its corporate structure has been approved by its board of directors. The reorganization is intended to enable DPW to reach strategic objectives, including its growth strategy, and assist in clear distinction of the components and purpose of each subsidiary for investors and others. Under the restructure, DPW Holdings will acquire, develop and spinoff companies in two wholly-owned groups, anticipating to begin separate accounting for each in 2019. The separate divisions will be organized as: DPW Technology Group, which will focus on advanced technology, design, power solutions and…

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TuesdayNov 06, 2018 9:26 am

CryptoNewsBreaks – GreenBox POS, LLC (GRBX) Adds New Banking Relationship to List of Strategic Partnerships

Hardware and software technology company GreenBox POS (OTC: GRBX) this morning reported that it has started a new banking relationship under which it has already boarded and commenced processing accounts with volumes of more than $50 million annually. In addition, the company holds the option to increase the volume for these accounts to over $100 Million annually by the second quarter of 2019. "GreenBox will continue to add to its roaster of strategic partners in order to achieve the processing bandwidth it needs to support the business of its growing customer base," GreenBox Executive Vice President Ben Errez stated in…

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FridayNov 02, 2018 2:17 pm

CryptoNewsBreaks – BANKEX Partners with Other Industry Leaders to Produce a Quantum-resistant Cryptographic Protocol

BANKEX, a company developing the Proof-of-Asset Protocol to bring Banking-as-a-Service (BaaS) product modules and blockchain together, has partnered with researchers at University of Waterloo, InfoSec Global and the Institute for Quantum Computing to develop a cutting-edge quantum-resistant cryptographic protocol. This technology may be a critical component of cybersecurity for the future of universal quantum computing as the first quantum-resistant, password-authenticated key exchange based on supersingular elliptic curve isogenies that can ensure security, even in a quantum environment. Based on an updated Password-Authenticated Key Exchange (“PAKE”) by BANKEX and its partners, the newly-developed protocol uses a password to generate functions that…

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FridayNov 02, 2018 9:35 am

CryptoNewsBreaks – SinglePoint, Inc. (SING) CEO Announces LOI for Major Acquisition 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 reported that the company has inked a Letter of Intent (“LOI”) concerning a major acquisition target of the company. “We've been working on a very large acquisition,” CEO Greg Lambrecht stated in the interview. "Things are moving forward very nicely. Like I said, we just signed the LOI today. So, we continue to move forward with this large acquisition." To view the…

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FridayOct 26, 2018 9:57 am

CryptoNewsBreaks – SinglePoint, Inc. (SING) President Discusses Potential Strategic Acquisition on MoneyTV with Donald Baillargeon

Technology and investment company SinglePoint, Inc. (OTCQB: SING) was featured on this week’s episode of MoneyTV with Donald Baillargeon. The internationally-syndicated program is all about money and what makes it happen, featuring in-depth CEO and executive interviews offering insights into their company’s operations and future outlooks. During this week’s program, SinglePoint President Wil Ralston discussed the company’s review of various financing options with the intent to pursue a major acquisition. The television program is available for immediate online viewing at www.MoneyTV.net To view the full press release, visit http://ccw.fm/x6TnN About SinglePoint, Inc. SinglePoint, Inc. is a technology and investment company…

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TuesdayOct 23, 2018 3:24 pm

CryptoNewsBreaks – MarketWatch Recaps Sluggish Week for Cryptocurrencies

A few slow days for Cryptocurrency was highlighted in a recent MarketWatch article titled, “Bitcoin in the doldrums, can’t shake $6,500 range,” reported by Aaron Hankin. Per the article, the largest digital currency in the world, Bitcoin, increased by more than 10% early last week, but that was quickly followed by a fluctuation of between only $6,300 - $6,500. Smaller coins alternative to bitcoin, also known as Altcoins, were trading slightly higher Friday, squeaking out gains. Ether was up 0.9% at $200.50, Bitcoin Cash was up 2.2% at $437.60, Litecoin was up 2.6% at $52.82 and XRP had gained 0.5%…

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TuesdayOct 23, 2018 10:20 am

CryptoNewsBreaks – The Open Bank Project Enters Agreement to Support 86 400 Ahead of Upcoming Launch

Open Bank Project, the leading open source application programming interface (“API”) solution for banks, recently entered an agreement with soon-to-be-launched 86 400. Fully funded and backed by Cuscal, Australia’s largest independent provider of end-to-end payments solutions, 86 400 is launching an alternative to the big 4 banks in Australia. 86 400 will use Open Bank Project API definitions to standardize and harmonize its API design, enabling access to a worldwide network of over 10,000 fintech developers. “We are thrilled that 86 400 shares our vision of an Open Banking future. APIs and fintech ecosystems are a tremendous accelerator for product…

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MondayOct 22, 2018 1:40 pm

CryptoNewsBreaks – The Open Bank Project Announces Collaboration with Red Hat Related to New Banking API

The Open Bank Project, the leading open source API solution for banks, in collaboration with Red Hat, the world's leading provider of open source solutions, yesterday announced a new API dedicated to the banking and financial services sector. “We are delighted to work with Red Hat to help banks accelerate their Open Banking journey,” Simon Redfern, CEO and founder of the Open Bank Project, stated in the news release. “Red Hat and TESOBE share a strong commitment to open source and I’m excited to see these technologies working together. The collaboration we have today can offer a valuable opportunity for…

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FridayOct 19, 2018 10:46 am

CryptoNewsBreaks – GreenBox POS, LLC (GRBX) Deploys Newest TrustGateway Blockchain-Based Hardware

Next-gen technology company GreenBox POS, LLC (OTC: GRBX) this morning announced deployment of its newest TrustGateway blockchain-based hardware. TrustGateway contains pre-installed GRBX software and is drop-shipped directly to client locations. The hardware demonstrates great economic upside, with each deployment nearing $10,000 in daily processing and averaging $250,000-$300,000 per month. The company projects that it will generate the transactional volume necessary to achieve monthly net income of over $750,000 by year-end and meet and exceed its goal of onboarding over $1 billion in annual transactional volume in 2019. "We continue to work on increasing bandwidth and speed of transactional volumes," Executive…

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MondayOct 15, 2018 1:25 pm

CryptoNewsBreaks – Exciting Potential of Blockchain Technology on Display throughout Inaugural Blockchain Shift Event

CryptoCurrencyWire, a premier financial news and content distribution company, this morning issued a recap of its attendance at the recently-concluded Blockchain Shift conference in Miami, Florida. The news release noted that the inaugural event “lived up to its hype as a one-of-a-kind experience targeting the burgeoning world of blockchain and crypto technologies.” “This was a very well-produced event and we’re pleased to have served as its official newswire and a gold sponsor. We enjoyed a high level of engagement from attendees and fellow exhibitors. Blockchain Shift’s organizers have done a magnificent job and we are looking forward to advancing the…

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