CryptoNewsBreaks Archive - Page 47 of 142

TuesdayMay 24, 2022 3:46 pm

CryptoNewsBreaks – Ryoshis Vision (‘$RYOSHI’) Aims to Disrupt Entertainment and Technology Sectors

As the rise of a new crypto era begins, with mass adoption on the horizon from institutions and individuals, Ryoshis Vision (“$RYOSHI”) takes a revolutionary approach to create a burning protocol solution for the Shiba Inu ecosystem. With plans of turning into a decentralized autonomous organization (“DAO”), Ryoshis Vision is focused on disrupting the entertainment and technology sectors through developing offerings that benefit artists, creators, players and many other actors in distinct sectors. Going by the name Ryoshi, the founder of the Shiba Universe had a vision to create a completely decentralized financial ecosystem that would transform ordinary finance into…

TuesdayMay 24, 2022 2:53 pm

CryptoNewsBreaks – HouseBit Corp. Unveils New Ownership, Occupancy Model with Completion of First Fully Tokenized Property in Miami

HouseBit, based in Miami, has completed the first fully digital, real estate tokenization on a property in downtown Miami; the transaction used cryptographic decentralized blockchain technology. Miami-based International Realty Group, a Florida- licensed, full-service boutique real estate brokerage specializing in the luxury market, was also involved in the transaction. According to the announcement, the tokenization involved the combination of HouseBit’s patent-pending technology and a land trust created specifically for the property, which issued 1,000 ownership tokens, including a single occupancy non-fungible token (“NFT”), which provides the right to occupy the property. The other ownership tokens represented proportional ownership in the…

TuesdayMay 24, 2022 2:08 pm

CryptoNewsBreaks – HIVE Blockchain Technologies Ltd. (NASDAQ: HIVE) (TSX.V: HIVE) (FSE: HBF) Announces 5:1 Share Consolidation

HIVE Blockchain Technologies (NASDAQ: HIVE) (TSX.V: HIVE) (FSE: HBF) today announced that, further to its May 10 press release, the company will be proceeding with the consolidation of its common shares on the basis of five pre-consolidation common shares for one post-consolidation common share. The common shares will commence trading on the TSX Venture Exchange (“TSXV”) and Nasdaq on a post-consolidation basis effective at the opening of the market on May 24, 2022. Completion of the consolidation is subject to receipt of all necessary regulatory approvals, including TSXV approval and pursuant to the Business Corporations Act (British Columbia) and the…

MondayMay 23, 2022 10:45 am

CryptoNewsBreaks – SportsCast to Showcase Innovative Approach to Sports Collectibles at Upcoming Events

SportsCast is a first-of-its-kind provider of digital sports memorabilia that is transforming sports collectibles by fusing ingenious original artwork digital cards with captivating athlete-created video content together in unique, highly collectible NFTs. SportsCast today announced its participation in the upcoming Podfest Expo and Florida Bitcoin & Blockchain Summit events taking place on May 26-29 in Orlando, Florida. “SportsCast was born as a way to combine the development opportunities presented by web3 with our considerable expertise in athlete management. I’ve been in the sports business space for 25 years, and this is something special,” said Garrick Dorn, managing partner of SportsCast. “We couldn’t be more pumped…

FridayMay 20, 2022 12:39 pm

CryptoNewsBreaks – LQwD FinTech Corp. (TSX.V: LQWD) (OTCQB: LQWDF) Continues Push Toward Strong Lightning Network Presence

LQwD FinTech (TSX.V: LQWD) (OTCQB: LQWDF), a company focused on developing institution-grade payment infrastructure, liquidity and solutions for the Lightning Network, recently launched an additional node in India. LQwD also reported that all ten of its operational Lightning Network nodes had completed over 10,000 transactions forwarded. “The current nodes and channels offered by LQwD include India, France, England, Sweden, Singapore, Italy, Indonesia, Germany, Ireland, and the U.S. The company has used its own reserve of Bitcoin assets to facilitate a presence on the Lightning Network,” reads a recent article. “We are experiencing excellent transaction growth since launching our first nodes…

FridayMay 20, 2022 12:12 pm

CryptoNewsBreaks – Bit Digital Inc. (NASDAQ: BTBT) Releases Update on Incidents Involving Hosting Partners’ Operations

Bit Digital Inc. (NASDAQ: BTBT), a Bitcoin mining company headquartered in New York, has released information about its hosting partners operations. According to the announcement, company officials have become aware of two incidents impacting operations of its hosting partners: Blockfusion USA and Digihost Technology Inc. The company noted that Blockfusion’s Niagara Falls facility was damaged by an explosion and ensuing fire. As a result, power was cut off to some 2,515 BTBT Bitcoin miners as well as an estimated 710 ETH miners that had been operating at the facility just before the explosion. Based on the update, no material damage to…

FridayMay 20, 2022 11:30 am

CryptoNewsBreaks – BIT Mining Limited (NYSE: BTCM) Announces Scheduled Release of Q1 2022 Financial Results

BIT Mining (NYSE: BTCM), a leading technology-driven cryptocurrency mining company, today announced plans to release its unaudited financial results for the first quarter ended March 31, 2022. According to the update, the results will be announced before the U.S. market open on Friday, May 27, 2022. To view the full press release, visit https://ccw.fm/3mGqg About BIT Mining Limited BIT Mining is a leading technology-driven cryptocurrency mining company with a long-term strategy to create value across the cryptocurrency industry. Its business covers cryptocurrency mining, mining pool and data center operation. The company owns the world’s top blockchain browser BTC.com and the…

ThursdayMay 19, 2022 1:54 pm

CryptoNewsBreaks – Canaan Inc. (NASDAQ: CAN) Releases Q1 2022 Financial Report

Canaan (NASDAQ: CAN), a leading high-performance computing solutions provider, is reporting its unaudited financial results for the three-month period ended March 31, 2022. Highlights of the report include increase in total computing power sold (4.3 million Thash/s, an increase of 119.1% from the same period in 2021), revenue ($213.9 million, a 236.7% from Q1 2021) and gross profile ($130.9 million, an increase of 327.2% from the same period of 2021). In addition, the company also reported net income of $69.7 million for the quarter. “We kicked off the year 2022 in an increasingly unpredictable environment due to macroeconomic uncertainties and logistic disruptions caused…

WednesdayMay 18, 2022 12:05 pm

CryptoNewsBreaks – Echelon Foundation Ahead of Plans to Bridge Blockchain Ecosystems Together

The Echelon Foundation, the team leading the way in cross-chain blockchain, is reporting that it is ahead of its previously stated objective of bridging all major cryptocurrency blockchain ecosystems together via the Echelon cross-chain bridging platform. According to the announcement, Echelon is working to become the only blockchain with multiple major blockchains integrated into the Echelon Bridge, through which users can exchange and trade $ECH across all major blockchains. The first blockchain to release bridgeable tokens, Echelon has released bridgeable $USDC, which it titles $bUSDC. The foundation’s main native token — $ECH — can currently be traded across seven major blockchains…

WednesdayMay 18, 2022 11:45 am

CryptoNewsBreaks – GreenBox POS (NASDAQ: GBOX) to Present at H.C. Wainwright Global Investment Conference

GreenBox (NASDAQ: GBOX), an emerging and rapidly growing fintech company, today announced its participation in the H.C. Wainwright Global Investment Conference. The event is slated to take place in a virtual and in-person format at the Fontainebleau Miami Beach Hotel on May 23-26, 2022. GreenBox Chairman Ben Errez will give a company presentation and will be available for virtual one-on-one meetings with investors. Errez’s presentation is scheduled to begin at 7 a.m. ET on Tuesday, May 24, and will be available on demand. Interested parties should visit https://ccw.fm/7iSHF to register and view the webcast. To view the full press release,…

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