CryptoNewsBreaks

TuesdayJan 16, 2018 9:33 am

CryptoNewsBreaks – Victory Square Technologies Inc. (CSE: VST) (OTC: VSQTF) (FRA: 6F6) (WKN: A2AKL8) Invests in Gibraltar Blockchain Exchange

Blockchain-focused venture builder Victory Square Technologies Inc. (CSE: VST) (OTC: VSQTF) (FRANKFURT: 6F6) (WKN: A2AKL8) this morning announced that it has become an early strategic adopter, investor and partner in the Gibraltar Blockchain Exchange (“GBX”). Based in Gibraltar, the GBX is a subsidiary of the Gibraltar Stock Exchange (“GSX”), a European Union-regulated stock exchange since 2014. Victory Square’s investment of $150,000 connects the company with the GBX partnership network and well-known blockchain services firms such as Enterprise Ethereum Alliance, PricewaterhouseCoopers, ISOLAS and Kenetic Capital. Additionally, Victory Square will receive 1.5 million cryptographic tokens, known as Rock Tokens, issued by the…

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ThursdayJan 11, 2018 10:17 am

CryptoNewsBreaks – Medical Cannabis Payment Solutions (REFG) Announces Plans to Accept Bitcoin Payments

Cannabis-focused financial services company Medical Cannabis Payment Solutions (OTC: REFG) this morning announced plans to begin processing payments in bitcoin. Per the update, this development goes beyond the current version of the company’s merchant app, which is available to state-licensed marijuana establishments. “The payment system will offer a unique Bitcoin payment option enabling consumers to easily use the digital currency to make purchases,” Sean Hullinger, chief legal officer of Medical Cannabis Payment Solutions, stated in the news release. “This process allows stores to accept not only electronic payments in US dollars, but also digital currency (instead of cash only).  We…

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WednesdayJan 10, 2018 1:12 pm

CryptoNewsBreaks – IEG Holdings Corp. (IEGH) Unveils Plans for New Cryptocurrency

Consumer loan provider IEG Holdings Corp. (OTCQB: IEGH), through wholly owned subsidiary Investment Evolution Crypto, LLC, this morning announced that it is negotiating to purchase a gold project with gold metal in the ground and prospecting licenses. IEG Holdings intends to utilize this gold resource to investigate creating its own gold metal-backed cryptocurrency, potentially offering loans and accepting loan repayments in the new blockchain-based currency. “Unlike Bitcoin, Ripple, Ethereum and Litecoin etc., IEGH's crypto currency is planned to be backed by gold metal and registered with the SEC as a security,” Paul Mathieson, chairman and CEO of IEGH, stated in…

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TuesdayJan 09, 2018 9:39 am

CryptoNewsBreaks – Victory Square Technologies Inc. (CSE: VST) (OTC: VSQTF) (FRA: 6F6) (WKN: A2AKL8) Partners Up to Offer $2M Prize Pool to Blockchain Innovators

Blockchain-focused venture builder Victory Square Technologies Inc. (CSE: VST) (OTC: VSQTF) (FRANKFURT: 6F6) (WKN: A2AKL8) this morning announced its entry into a partnership with the Blockchain Investors Consortium (“BIC”) through which the company plans to offer a $2 million prize pool for the top three blockchain technology companies at each of the d10e conferences held in the coming year. “By partnering with the BIC and d10e to provide these investment prizes, we’re proud to have the opportunity to connect in such a meaningful way with the real up-and-comers in blockchain and cryptocurrency,” Shafin Diamond Tejani, CEO of Victory Square, stated…

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WednesdayJan 03, 2018 10:17 am

CryptoNewsBreaks – Tapinator, Inc. (TAPM) Announces Formation of Blockchain-Focused Subsidiary

Mobile games developer and publisher Tapinator, Inc. (OTCQB: TAPM) this morning announced the formation of a new subsidiary, Revolution Blockchain, LLC, focused on developing and publishing distributed apps and games leveraging blockchain technology. Per the update, Revolution Blockchain’s first product, scheduled for launch in the second quarter of this year, will implement blockchain technology for both payment processing and the storage of virtual assets via non-fungible tokens that live on the blockchain. “We believe that we're at the dawn of a new revolution where the applicability of blockchain technology will expand from currency trading to industry-changing applications and games,” Ilya…

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TuesdayJan 02, 2018 12:04 pm

CryptoNewsBreaks – EVIO, Inc. (EVIO) Acquires Stake in C3 Labs, LLC

EVIO, Inc. (OTCQB: EVIO), a life sciences company and leading provider of quality control testing and advisory services to the regulated cannabis industry, this morning announced that it has completed the acquisition of 60 percent of C3 Labs, LLC, one of the nation’s first cannabis-focused contract research organizations. EVIO also maintains the option to purchase the remaining ownership stake in C3 Labs for an initial period of three years, subject to C3 member approval. “The addition of C3 Labs to the EVIO network is a tremendous milestone for EVIO Inc.,” William Waldrop, CEO of EVIO, stated in the news release.…

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TuesdayJan 02, 2018 11:46 am

CryptoNewsBreaks – Petroteq Energy Inc. (TSX.V: PQE) (OTCQX: PQEFF) Moves to Cut Oil Trade Costs with Blockchain Service

Petroteq Energy (TSX.V: PQE) (OTCQX: PQEFF) has teamed with First Bitcoin Capital Corp. (OTC: BITCF) to develop an enterprise service that will draw on the emerging promise of blockchain technology in reducing the transaction expenses related to doing business in the oil and gas exploration industry. Petroteq announced on Dec. 4 that it was joining the Enterprise Ethereum Alliance, the world’s largest open-source blockchain network. An article discussing this reads: “At present, oil is traded through a diverse network of producers, suppliers, contractors, subcontractors, refiners and retailers in such large volumes that tracking the movement of crude is a Sisyphean…

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ThursdayDec 28, 2017 9:46 am

CryptoNewsBreaks – Victory Square Technologies Inc. (CSE: VST) (OTC: VSQTF) (FRA: 6F6) (WKN: A2AKL8) to Present at North American Bitcoin Conference

Blockchain-focused venture builder Victory Square Technologies Inc. (CSE: VST) (OTC: VSQTF) (FRANKFURT: 6F6) (WKN: A2AKL8) this morning announced its entry into a partnership with the North American Bitcoin Conference (“TNABC”), the longest running and highest attended financial conference for the bitcoin, blockchain and cryptocurrency industries. Through this partnership, Victory Square and its portfolio companies will be presenting at the forum, which is scheduled to take place January 18-19 in Miami. The company will also be sponsoring a $100,000 investment prize pool for the top three blockchain firms during the anticipated ‘Pitch Your ICO’ session. “We’re extremely excited to be playing…

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WednesdayDec 27, 2017 11:24 am

CryptoNewsBreaks – Net Element, Inc. (NASDAQ: NETE) Creates New Blockchain-based Business Unit Addressing Growing Market Need

An operator of a payments-as-a-service transactional and value-added services platform for enterprises in emerging markets, Net Element (NASDAQ: NETE), recently saw an increase in shares of over 300 percent on December 19, 2017. The surge followed the company’s announcement of a new blockchain-based business unit.  An article discussing this reads: “The blockchain-focused business unit will become a decentralized ecosystem that will establish the framework for the provision of new Net Element value-added services. Blockchain technology will be relied on to establish the direct connection between a buyer and a merchant. Thus, the efficiency and simplicity of transactions in the system…

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TuesdayDec 26, 2017 12:38 pm

CryptoNewsBreaks – ChineseInvestors.com, Inc. (CIIX) Centers Focus on Cryptocurrency Division

ChineseInvestors.com, Inc. (OTCQB: CIIX), a diverse educational and consulting company for the Chinese-speaking community in China and the U.S., recently announced that it is spinning off two divisions to allow itself to focus on its new cryptocurrency division. The company is spinning off its wholly-owned foreign entity, CBD Biotechnology Co., Ltd., and its wholly-owned subsidiary, ChineseHempOil.com. An article discussing plans this reads: “It has committed itself to cryptocurrency education and active involvement. It broadcasts a daily video from the NYSE titled ‘Bitcoin MultiMillionaire’. It has also recently reached agreement to host a bitcoin ATM in the lobby of its headquarters…

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