CryptoNewsBreaks

FridayJun 15, 2018 11:15 am

CryptoNewsBreaks – Medical Cannabis Payment Solutions (REFG) Expands in the Cannabis Industry through Acquisitions

Cannabis-focused financial services company Medical Cannabis Payment Solutions (OTC: REFG) recently acquired SpeedyGrow, a company with licenses in Colorado to grow and process hemp as well as a proprietary organic soil accelerator, SpeedyVeg. An article discussing the company reads: “Medical Cannabis Payment Solutions (OTC: REFG) has expanded its role in the cannabis market through its acquisitions of Colorado-licensed SpeedyGrow and organic soil accelerator SpeedyVeg, with its proprietary formula geared to maximize plant yield (http://ccw.fm/Mh8xi). … SpeedyGrow is a Wyoming company with licenses to grow and process hemp in Colorado. SpeedyVeg is focused on the cannabis industry, with an organic nutrient…

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ThursdayJun 14, 2018 11:43 am

CryptoNewsBreaks – Bitcoin Prices Drop Following Publication of Study by University of Texas-Austin

Bitcoin dropped 2% Wednesday morning, falling as low as $6,385. A post published Wednesday by TIME indicates that the latest crash may be the result of a recently released study by University of Texas-Austin researchers. The new study, conducted by University of Texas finance professor John M. Griffin and graduate student Amin Shams, suggests that the prices were manipulated when Bitcoin climbed from $800 to almost $20,000 last year (http://ccw.fm/XhcZ1). The research presents evidence that another cryptocurrency named Tether was used to purchase Bitcoin after market dips, thus raising Bitcoin prices. Bitcoin isn’t the only cryptocurrency collapsing throughout this year.…

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WednesdayJun 13, 2018 9:48 am

CryptoNewsBreaks – Global Payout, Inc. (GOHE) Announces Management Team Shake-up ahead of Reverse Triangle Merger

Payment solutions company Global Payout, Inc. (OTC: GOHE) this morning announced that, as part of its previously detailed reverse triangle merger with MoneyTrac Technology, Inc. (“MTRAC”), MTRAC will be integrating its existing executive management team into Global Payout. Per the update, longtime GOHE CFO Joseph Sebo and President Bill Rochfort have submitted their resignations from both their respective positions and their seats on GOHE’s board of directors. Additionally, James Hancock has submitted his notice of resignation as GOHE’s CEO and chairman, effective June 12, 2018. Vanessa Luna, who has served as MTRAC’s CEO and chairman since the beginning of the…

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TuesdayJun 12, 2018 11:32 am

CryptoNewsBreaks – Net Element, Inc. (NASDAQ: NETE) Netevia Platform Launches Smart Vendor Payments Solution

Global technology and value-added solutions group Net Element, Inc. (NASDAQ: NETE) this morning announced that its Netevia platform will now include a smart solution for permitting secure vendor payments. The platform solution enables safe, electronically delivered payments using a secure single-use dynamic credit card number. The payments can only be processed by the designated vendor for an exact amount, and have added controls for enhanced flexibility and security. The platform also works with existing accounting systems without requiring a complex setup or integration and offers 24/7 customer support via phone, email or live chat. “We are excited to enable this…

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MondayJun 11, 2018 3:22 pm

CryptoNewsBreaks – As Analysts Search for Answers, Bitcoin Price Down 50% YTD

The price of bitcoin has made headlines in the past for its volatility, and this trend has continued despite the cryptocurrency’s rising mainstream appeal. Over the weekend, bitcoin fell from a Saturday high of $7,671.28 to a low of $6,760.05 over the course of less than 48 hours. All told, the cryptocurrency market shed more than $40 billion on what industry analysts have minted ‘Bloody Sunday’, with many media outlets attributing the decline to a security breach at South Korean cryptocurrency exchange Coinrail. A post published Monday morning by Coinrail indicates that hackers obtained roughly 30 percent of the exchange’s…

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FridayJun 08, 2018 10:55 am

CryptoNewsBreaks – Net Element, Inc. (NASDAQ: NETE) Receives Positive Feedback from Stock Valuation and Forecasting Service

ValuEngine, a stock valuation and forecasting service, recently provided an update regarding global technology and value-added solutions group Net Element, Inc. (NASDAQ: NETE). An article further discussing the company reads: “Net Element, Inc. (NASDAQ: NETE) has received an upgrade of its stock rating to ‘Buy’ from ValuEngine, a stock valuation and forecasting service (http://ccnw.fm/o2NkS). A Zacks Small-Cap Research report projects that NETE sales will reach $65 million in 2018, then $70.8 million by 2019 (http://ccnw.fm/jT3Nc). … A SeeThruEquity update found that the company’s balance sheet in full year 2017 was “significantly improved.” It reported that the $7.55 million raised during…

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FridayJun 08, 2018 9:34 am

CryptoNewsBreaks – SinglePoint, Inc. (SING) President Provides Update on Recent Company Activity in Interview on MoneyTV

SinglePoint, Inc. (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 President Wil Ralston provides an update of recent company activities. Among other highlights, Ralston updated viewers on the progress of the company’s commercial for its crypto wallet application which features original Shark Tank member Kevin Harrington. “The commercial is ready to go, and we've finished up some beta testing on the actual wallet itself,” SinglePoint President Wil Ralston stated in the interview. “Now, we'll…

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ThursdayJun 07, 2018 9:46 am

CryptoNewsBreaks – Medical Cannabis Payment Solutions (REFG) Subsidiary Featured in Story on KREX

Cannabis-focused financial services company Medical Cannabis Payment Solutions (OTC: REFG) this morning announced that its SpeedyGrow subsidiary was recently featured in a KREX news story about CBD and hemp. Per the update, KREX is the CBS-affiliated television station in Grand Junction, Colorado. “We were honored to be featured in the news segment and to discuss our efforts in CBD extraction,” Jeremy Roberts, CEO of REFG, stated in the news release. “Most of our shareholders haven’t seen our Colorado facility. The news story gives them a small tour.” The full news story is available for review at http://ccw.fm/v70DI. To view the…

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WednesdayJun 06, 2018 2:48 pm

CryptoNewsBreaks – Victory Square Technologies Inc. (CSE: VST) (OTC: VSQTF) (FRANKFURT: 6F6) (WKN: A2AKL8) Incorporates Blockchain Technology into Various Markets

Victory Square Technologies (CSE: VST) (OTC: VSQTF) (FRANKFURT: 6F6) (WKN: A2AKL8) is a venture builder that creates, funds and empowers entrepreneurs working in the fields of blockchain technology, virtual reality, artificial intelligence, personalized health, gaming and film. An article highlighting the company reads: “With plans to expand into additional service verticals, Victory Square Technologies new acquisition may have spotted a massive untapped reservoir of enterprise-grade business. Marketplaces such as Upwork, 99designs and Fiverr service some of the need but remain challenged in areas that can create a price squeeze in a hypercompetitive environment. Price squeezes can drive down profit margins…

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WednesdayJun 06, 2018 2:38 pm

CryptoNewsBreaks – BLOCKStrain Technology Corp. (TSX.V: DNAX) Multi-user Platform Delivers Transparency from Manufacture to Market

BLOCKStrain Technology (TSX.V: DNAX) has developed a blockchain-based genetic registration process that provides verification security for growers and consumers in the cannabis industry. An article discussing the company reads: “BLOCKStrain has adapted the open-source ledger’s technology to provide a cannabis genome-to-sale genetic chain of evidence that provides proof of ownership to brand builders in the multibillion-dollar industry and allows consumers to verify where a product originated and where it has been before landing in their shopping carts. In between the two extremes of the pipeline, distributors, shipping companies and government agencies also have a stake in auditing a product’s wellbeing.…

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