CryptoNewsBreaks

FridayNov 09, 2018 11:11 am

CryptoNewsBreaks – US Securities and Exchange Commission Announces Settled Charges with EtherDelta Founder

The U.S. Securities and Exchange Commission (SEC) yesterday announced that it has settled charges against Zachary Coburn, founder of digital token trading platform EtherDelta. An order from the SEC found that Coburn caused EtherDelta, a secondary trading market for ERC20 tokens, to operate as an unregistered national securities exchange. Per the update, EtherDelta's users executed more than 3.6 million orders for ERC20 tokens over an 18-month period, including tokens that are securities under federal securities laws. “EtherDelta had both the user interface and underlying functionality of an online national securities exchange and was required to register with the SEC or qualify…

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WednesdayNov 07, 2018 1:50 pm

CryptoNewsBreaks – CryptoCurrencyWire Issues Recap of Highlights from World Crypto Con

CryptoCurrencyWire this morning issued a news release recapping the events and happenings at World Crypto Con, which took place October 31-November 2 at the world-famous Aria Resort & Casino in Las Vegas. “I have been personally looking forward to this global conference for quite some time, and the organizers did not disappoint. They took over four floors of the hottest and most technologically advanced hotel on the Strip in order to accommodate the multitude of exhibitors and speakers who came out,” Jonathan Keim, communications director of CryptoCurrencyWire, stated in the news release. “Everyone we talked to, from exhibitors to attendees,…

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TuesdayNov 06, 2018 11:40 am

CryptoNewsBreaks – World Crypto Con Panelists Put Money on the Line to Predict Future of Bitcoin

World Crypto Con attracted attendees in droves to explore, engage in and experience the future of blockchain and cryptocurrency. The final day of the landmark conference formed the backdrop for a bet on the future of bitcoin. Civic.com co-founder and CEO Vinny Lingham threw down the gauntlet toward Standpoint Research founder and Director Ronnie Moas, asserting that the price of bitcoin will not hit $28,000 on a “reputable exchange” by year-end 2019. Moas jumped back with his bullish outlook on bitcoin. The proceeds of the bet, where the loser will fork out $20,000, will benefit FreeRoss.org, a charity designed to…

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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 3:28 pm

CryptoNewsBreaks – GreenBox POS, LLC (GRBX) Ensures Secure Payment through its Blockchain Powered QuickCard E-wallet

Hardware and software technology company GreenBox POS (OTC: GRBX) has developed its QuickCard e-wallet powered by blockchain that ensures secure payment. An article discussing the company reads, “The QuickCard mobile app, or consumer wallet, is a new way to use, interact and pay without money. After installing the app, consumers can load funds with a debit or credit card or at a QuickCard kiosk using cash. Funds loaded onto the wallet are available immediately for purchases at any location where QuickCard is accepted as a form of payment. The consumer wallet includes an easy-to-use interface through which consumers can purchase…

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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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WednesdayOct 31, 2018 1:10 pm

CryptoNewsBreaks – Net Element, Inc. (NASDAQ: NETE) Intends to Provide Third-party Banking throughout Russia via Partnership with Sputnik Bank

Global technology and value-added solutions group Net Element (NASDAQ: NETE) recently reported its entry into a partnership with Sputnik Bank in Russia. The arrangement aims to offer third party bank processing to other banks throughout the country. A recent article further discussing the company’s partnership reads, “Net Element and Sputnik are expected to start selling a processing service to small banks, Russian third-party vendors, credit organizations, value-added resellers and sales organizations. The cost of processing will be brought down, and the service will also give smaller Russian banks a chance to utilize much more current software than the products on…

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TuesdayOct 30, 2018 11:40 am

CryptoNewsBreaks – GreenBox POS, LLC (GRBX) Technology Delivers Quick, Easy Transactions in Real Time

Hardware and software technology company GreenBox POS (OTC: GRBX) builds customized payment solutions for various industries, specializing in blockchain secured ledger technology. An article discussing the company reads, “With its advanced technology, GreenBox offers fast and easy transactions in real time. Businesses receive money immediately, the moment a transaction occurs. The company offers a highly customizable, all-in-one payment network. The network utilizes blockchain technology to provide cashless solutions for all kinds of businesses. … TrustGateway is GreenBox’s blockchain gateway. TrustGateway leverages IP correlations, biometrics, location matching and other information not available to standard gateways. The system automatically flags if someone…

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