CryptoNewsBreaks

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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TuesdayDec 26, 2017 9:09 am

CryptoNewsBreaks – India Globalization Capital, Inc. (NYSE: IGC) Looks to Blockchain Technology as Possible Solution for Issues Facing Cannabis Industry

India Globalization Capital, Inc. (NYSE American: IGC), a developer of cannabis-based therapies to treat a variety of life-altering conditions, this morning announced plans to leverage its existing team of technology and health care experts in order to develop methods of utilizing blockchain technology in areas such as product identification assurance (PIA). The importance of PIA was reaffirmed in a recent study published by JAMA, which indicated that nearly 70 percent of all cannabidiol products sold online are mislabeled. “We understand the unique challenges facing the cannabis industry and believe that our team has the expertise to be the first to…

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WednesdayDec 20, 2017 1:42 pm

CryptoNewsBreaks – Net Element, Inc. (NASDAQ: NETE) Announces Launch of Blockchain-Focused Business Unit

Net Element, Inc. (NASDAQ: NETE), operator of a payments-as-a-service transactional and value-added services platform for small to medium enterprise in the US and selected emerging markets, today announced that it has launched a new blockchain-focused business unit focused on providing the framework for an unlimited number of value-added services. The new business unit will also intend to identify and invest into unique projects which decentralize and disrupt the payment processing industry by combining blockchain technology and real-world applications. Bunker Capital has been partnered with for the development and deployment of blockchain technology-based solutions. To view the full press release, visit…

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