CryptoNewsBreaks

ThursdayJul 12, 2018 11:55 am

CryptoNewsBreaks – Net Element, Inc. (NASDAQ: NETE) Reports Significant Increase in Transaction Processing Volume

Global technology and value-added solutions group Net Element (NASDAQ: NETE) recently announced that its transaction processing volumes for the first six months of 2018 demonstrated a substantial increase of 37% as compared to the same period in 2017. Total dollars processed from January 2018 through June 2018 totaled $1.62 billion versus $1.18 billion during the previous year. The company attributes the growth primarily to its subsidiary Unified Payments. The North America Transaction Solutions segment realized the largest increase of 40% to $1.4 billion from $1 billion while International Transactions Solutions achieved $211 million, an increase of 20% from $176 million.…

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ThursdayJul 12, 2018 10:22 am

CryptoNewsBreaks – Global Payout, Inc. (GOHE) Subsidiary to Launch Operations in New Retail Merchant Location

Global Payout, Inc. (OTC: GOHE) this morning announced that its wholly owned subsidiary, MTRAC Tech Corp. (“MTRAC”), is launching operations at The Jet Room, a licensed and compliant medicinal dispensary in Adelanto, CA. The MTrac team will be implementing its payment platform system as it is taken live in its new retail merchant location on Friday, July 13. “My team and I are very excited for the opportunity to launch with The Jet Room, our second retail merchant, in Adelanto, which is striving to be a cannabis safe community. The ability to eliminate or reduce the amount of cash in…

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TuesdayJul 10, 2018 9:28 am

CryptoNewsBreaks – Victory Square Technologies Inc. (CSE: VST) (OTC: VSQTF) (FRANKFURT: 6F6) (WKN: A2AKL8) Provides Update on Recent Acquisition, Media Division Activities

Victory Square Technologies (CSE: VST) (OTC: VSQTF) (FRANKFURT: 6F6) (WKN: A2AKL8), a venture builder that creates, funds and empowers entrepreneurs, this morning provided an update regarding its recent acquisition of V2 Games Inc. completed on May 29, 2018. The acquisition complements the company’s media division of video games, film, virtual reality (“VR”), augmented reality (“AR”), and mixed reality. V2 Games formally joins the Victory Square media division following its recent soft-launch of the mobile game “Pacific Rim: Breach Wars”. The mobile game debuted at #5 on the RPG Charts in Canada and at #13 in the United States. The game…

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MondayJul 09, 2018 12:17 pm

CryptoNewsBreaks – Net Element, Inc.’s (NASDAQ: NETE) Netevia Platform Streamlines B2B Transactions

Global technology and value-added solutions group Net Element (NASDAQ: NETE) recently extended its next-generation Netevia platform to include a smart solution that enables secure vendor payment transactions, streamlining business-to-business (“B2B”) transactions. An article discussing the company’s innovative platform reads: “With its intuitive, user-centric web and mobile platform interface, this vendor payments solution effectively streamlines B2B payments by enhancing payment processes and also cuts the costs associated with sending payments. … As B2B business continues to dwarf B2C business—with global B2B sales estimated at $7.7 trillion, according to Statista, while B2C sales trail far behind at $2.3 trillion—Netevia’s cutting-edge solution is…

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MondayJul 09, 2018 12:08 pm

CryptoNewsBreaks – Virtual Crypto Technologies Inc. (VRCP) Slashes Cryptocurrency Transaction Times with NetoBit Pay Technology

Cryptocurrency-focused technology company Virtual Crypto Technologies (OTCQB: VRCP), through its proprietary NetoBit Pay technology, enables users to complete cryptocurrency deals without waiting for the final confirmation from the blockchain, decreasing checkout time to seconds. An article further discussing the technology reads: “In addition, there is a distinct advantage for businesses using NetoBit Pay as a platform to receive crypto payments: Netobit Pay businesses will receive access to a client management system (back-office) that provides wide options to oversee and manage incomes and offers exportable financial reporting detailing trades, plus a notification and alert mechanism. … Virtual Crypto’s groundbreaking new agreement…

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MondayJul 09, 2018 9:51 am

CryptoNewsBreaks – ChineseInvestors.com, Inc. (CIIX) Retains Law Firm; Aims to Open Bitcoin ATM Network in California

Premier financial information company ChineseInvestors.com, Inc. (OTCQB: CIIX) this morning announced that it has retained the law firm of CKR Law, LLP to assist the company in setting up its own Bitcoin ATM network in California. The company plans to launch the first machines in Chinese Communities in the Los Angeles area before expanding to serve other Chinese Communities throughout the United States. "With the regulatory world changing in the cryptocurrency sector, we feel that it is important to retain legal counsel with a proven track record in this industry to assist us in setting up our own Bitcoin ATM…

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MondayJul 09, 2018 9:50 am

CryptoNewsBreaks – Medical Cannabis Payment Solutions (REFG) Enters Agreement to Form Nation’s Largest Mobile Hemp CBD Processing Service

Cannabis-focused financial services company Medical Cannabis Payment Solutions (OTC: REFG) this morning announced that it has reached an agreement in principle that will result in the nation’s largest mobile hemp CBD processing service. Per the update, the agreement, made with a subsidiary of Paper Lantern, LLC, will be finalized shortly. Through this agreement, Medical Cannabis Payment Solutions will acquire the rights to deploy groundbreaking mobile hemp CBD extraction labs, which it intends to utilize at hemp farms owned and operated by REFG, as well as those that have entered into processing agreements with the company. “Our mobile extraction partnership is…

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FridayJul 06, 2018 10:22 am

CryptoNewsBreaks – Medical Cannabis Payment Solutions (REFG) Ensures FinCEN Compliance via Green Platform

Cannabis-focused financial services company Medical Cannabis Payment Solutions (OTC: REFG) has developed Green, a Financial Crimes Enforcement Network (“FinCEN”) compliant payment processing platform for the cannabis industry. A recent article discussing the company reads: “Medical Cannabis Payment Solutions (OTC: REFG), a financial services company directed at the medical cannabis and banking industries, has been filling the gap for cannabis providers who lack bank support due to federal regulations by providing online banking solutions. First offered only to medical cannabis merchants, the company’s services are now available to the entire cannabis industry through its innovative Green platform. The Green platform allows…

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TuesdayJul 03, 2018 12:26 pm

CryptoNewsBreaks – ChineseInvestors.com, Inc. (CIIX) Strengthens Focus on Being a Leader in Financial Information through Licensing Partnership

Premier financial information company ChineseInvestors.com, Inc. (OTCQB: CIIX) recently entered a licensing partnership to redistribute popular interviews in the Chinese language. An article discussing the agreement reads: “ChineseInvestors.com, Inc. (OTCQB: CIIX), a company providing premier financial consulting to the Chinese-speaking community, recently announced that it has entered into a licensing partnership with The Bad Crypto Podcast. CIIX will be redistributing Chinese translations of the podcast’s most popular interviews on www.NewCoins168.com, which will include Charlie Lee, founder and developer of Litecoin; Roger Ver, also known as ‘Bitcoin Jesus’; and Patrick Bryne, Overstock.com CEO and founder of tZERO. CIIX CEO Warren Wang…

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TuesdayJul 03, 2018 10:09 am

CryptoNewsBreaks – Virtual Crypto Technologies Inc.’s (VRCP) NetoBit Platform Significantly Speeds Up Cryptocurrency Transaction Times

Cryptocurrency-focused technology company Virtual Crypto Technologies’ (OTCQB: VRCP) NetoBit platform delivers high accuracy and cuts cryptocurrency transaction time by deploying its predictive algorithm. An article further discussing the technology reads: “Virtual Crypto states that NetoBit Trader’s ability to drastically reduce the transaction time is largely due to a “very high accuracy” predictive algorithm that establishes the likelihood of a successful transaction long before it is actually completed. Whereas a typical transaction may take from 10 minutes to 24 hours to complete and close the blockchain module, NetoBit’s system establishes the probability of validation by multiple miners, even as the miner…

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