Breaks Categories: News

MondayOct 15, 2018 9:28 am

CryptoNewsBreaks – DPW Holdings, Inc. (NYSE American: DPW) Investment Group Secures $85M Construction Loan Commitment for NYC Hotel

DPW Holdings, Inc. (NYSE American: DPW), a diversified holding company, this morning announced that an investment group that includes DPW as an investor has secured an $85 million construction loan commitment from a New York City-based multinational investment bank for the construction of a five-star ultra-luxury hotel in Tribeca. Per the update, the project is expected to be led by two New York real estate development companies – Mactaggart Family & Partners LP and Caspi Development – as detailed in a May 25, 2018, news release highlighting DPW’s investment in the group. “With strong luxury hospitality fundamentals and specific location advantages the…

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FridayOct 12, 2018 9:38 am

CryptoNewsBreaks – SinglePoint, Inc. (SING) CEO Reports Surge of SingleCoin App Downloads 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 an immense number of downloads of its SingleCoin application following the company’s recent launch of a National TV campaign with Kevin Harrington introducing the app. “We got a lot of views and a lot of downloads from that. We've also put it out on social media which is really catching wildfire,” CEO Greg Lambrecht stated in the interview. “So far, we…

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ThursdayOct 11, 2018 1:07 pm

CryptoNewsBreaks – Net Element, Inc. (NASDAQ: NETE) Subsidiary Enters Partnership to Launch VIP Payments Targeting the Hospitality Industry

Net Element (NASDAQ: NETE), a global technology and value-added solutions group, announced a partnership between the company’s subsidiary Unified Payments and VIP Systems to launch VIP Payments, a seamless payment processing offering targeting the growing travel and hospitality industry. VIP Systems is an advanced technology integrator in the hospitality industry that is the preferred choice of Marriott International, Choice Hotels International, Simon Property Group and Hotwire Communications among many others. Unified Payments’ turn-key hospitality solution comprises of the necessities for businesses to accept payments in a multi-channel environment, including online and mobile solutions as well as the integration to Property…

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WednesdayOct 10, 2018 3:38 pm

CryptoNewsBreaks – High Energy Consumption of Crypto Mining Sparks Debate

Alphabet Inc.’s (NASDAQ: GOOGL) Google was highlighted in a recent Forbes article titled, “Google Ad Reveals Search Giant's Feelings On Bitcoin And Crypto,” authored by Billy Bambrough. Per the article, the high energy costs sustained by cryptocurrency mining have become a recurring criticism aimed at the booming industry. A recent advertisement launched for Google's new Call Screen service shines a light on the immense cost of mining bitcoin and cryptocurrency. Google is not alone, as many have suggested the power is unsustainable, making bitcoin and cryptocurrency inapt for mainstream adoption. The bitcoin community countered by highlighting the incorrect search results…

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TuesdayOct 09, 2018 12:01 pm

CryptoNewsBreaks – Global Payout, Inc. (GOHE) Reports Significant Rise in MTrac Platform Transactions with New Pin Debit System

Global Payout (OTC: GOHE), alongside wholly owned subsidiary MTrac Tech Corp., this morning announced that its new pin debit system that has been deployed and is now live in one of the initial merchants to sign on with MTrac has considerably increased the amount of transactions processed through the MTrac Platform. The new pin debit system developed by Cultivate Technologies furthers MTrac’s mission to deliver seamless merchant processing for high risk industries such as the cannabis sector. The company will continue to monitor the first live test case of the new MTrac Platform over the coming days and anticipates to…

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TuesdayOct 09, 2018 11:23 am

CryptoNewsBreaks – SinglePoint, Inc. (SING) Highlights Success of SingleCoin Bitcoin Wallet App following Launch of National TV Campaign

Technology and investment company SinglePoint, Inc. (OTCQB: SING) this morning announced that its recently launched bitcoin wallet application SingleCoin has surpassed 12,000 downloads and is continuing to experience strong demand on both Google Play and the Apple App Store. The milestone comes on the heels of SinglePoint’s launch of a national TV campaign featuring Kevin Harrington, an original Shark from ABC’s hit show ‘Shark Tank’ (http://ccw.fm/Jomd8). “This has been a huge success in our eyes. We plan to line up more air time for the commercial,” Wil Ralston, president of SinglePoint, stated in the news release. “As our user base…

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FridayOct 05, 2018 9:32 am

CryptoNewsBreaks – SinglePoint, Inc. (SING) CEO Discusses Impact of National TV Campaign 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 reflected on the first week of the company’s National TV campaign with Kevin Harrington introducing the SingleCoin application. “We really got a lot of new investors and we had a nice volume and stock increase,” CEO Greg Lambrecht stated in the interview. “Most importantly, we got a lot of people to sign up. We're very excited about how it turned out and…

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ThursdayOct 04, 2018 10:04 am

CryptoNewsBreaks – DPW Holdings, Inc. (NYSE American: DPW) Subsidiary Secures Line of Credit to Fund Growth

DPW Holdings, Inc. (NYSE American: DPW), a diverse holdings company, this morning announced that its subsidiary, Super Crypto Mining, has entered into a revolving loan agreement for up to $2.5 million in connection with a security agreement granting interest in certain collateral, including bitcoin. “It is important for each subsidiary to develop its own capital structure to create flexibility and provide opportunity for expansion,” Milton “Todd” Ault, III, CEO and chairman of DPW, stated in the news release. “As Super Crypto continues its plan to increase miners, this line of credit enables Super Crypto to deploy its assets – bitcoin…

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WednesdayOct 03, 2018 10:21 am

CryptoNewsBreaks – Global Payout, Inc. (GOHE) Subsidiary Executes Exclusive Agreement with Cultivate

Global Payout (OTC: GOHE), alongside wholly owned subsidiary MTrac Tech Corp., has executed an exclusive agreement with Cultivate Technologies, LLC, a blockchain based Point of Sale (“POS”) company. The agreement permits MTrac to integrate Cultivate’s POS system into its blockchain powered payment processing platform. Following an extensive integration and beta testing period, the company believes that this approach will lead to the development of an efficient, reliable payment platform. “This agreement with Cultivate brings the tech support, equipment, and ease of integration that will significantly enhance our ability to capture those coveted high-risk-merchant sectors we have been focused on for…

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TuesdayOct 02, 2018 2:01 pm

CryptoNewsBreaks – Net Element, Inc. (NASDAQ: NETE) Enters MOU with Bank Sputnik to Launch New Payment Processing Center

Net Element (NASDAQ: NETE), a global technology and value-added solutions group, today announced its entrance into a memorandum of understanding (“MOU”) with Bank Sputnik to launch a technology platform. The platform is anticipated to offer a suite of payment acceptance services for financial institutions and value-added providers. Per the MOU, NETE will complete the deployment, launch and servicing of the payment processing center in exchange for 25% of issued and outstanding shares of Bank Sputnik. The bank will provide the capacity for the data center for deployment and use of software required for the execution of the program, as well…

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