Breaks Categories: News

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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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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