CryptoNewsBreaks

FridayJun 15, 2018 1:52 pm

CryptoNewsBreaks – GreenBox POS, LLC (GRBX) Achieves Significant Milestone in Development of QuickCard Technology

Hardware and software technology company GreenBox POS, LLC (OTCQB: GRBX) yesterday announced that QuickCard, its latest blockchain payment and e-wallet technology development, has passed all deployment criteria and is now available for iOS and Android. Per the update, this world class technology, which is currently available for most platforms, will gradually replace existing installations of GreenBox payment technology and serve as the only available payment infrastructure for new clients moving forward. The company’s recent success in securing a robust commitments pipeline for its new technology has created opportunities in several new business verticals. As a result, GBRX’s updated gross revenue…

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FridayJun 15, 2018 12:25 pm

CryptoNewsBreaks – ChineseInvestors.com, Inc. (CIIX) Grows Education Programs via NewCoins168.com Subsidiary

ChineseInvestors.com, Inc.’s (OTCQB: CIIX) Shanghai-based wholly-owned foreign enterprise, NewCoins168.com Digital Media Technology Ltd., was designed to expand the company’s education programs into China. An article discussing the company reads: “ChineseInvestors.com, Inc. (OTCQB: CIIX) is increasingly focused on bolstering its leadership role for its global Chinese-speaking audience as producer and educator about global news regarding bitcoin, cryptocurrency, and blockchain technology through its website, NewCoins168.com. It has also launched a paid VIP Service on the site and expanded it into China. … CIIX already has online editorial reporters in New York and Los Angeles and plans to add a total of 10-15…

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FridayJun 15, 2018 11:34 am

CryptoNewsBreaks – Virtual Crypto Technologies Inc. (VRCP) Cuts Bitcoin Transaction Times with Bit4Sure Solution

Cryptocurrency-focused technology company Virtual Crypto Technologies Inc. (OTCQB: VRCP), through its Bit4Sure solution, is greatly reducing bitcoin transaction times. An article discussing the company reads: “Fortunately, the Virtual Crypto Bit4Sure solution is sure to cut transaction time (http://ccw.fm/O4vcD). It bridges the time gap from when a transaction is published on the bitcoin network to the moment it joins the blockchain, essentially confirming a transaction before it reaches the blockchain for inclusion in a mined block. The Bit4Sure API also provides subscribers with direct access to Virtual Crypto’s proprietary algorithm model, giving them real-time confirmation of cryptocurrency transactions, as well as…

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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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