Uncategorized Archives - Page 121 of 130

ThursdayFeb 01, 2018 1:54 pm

Net Element, Inc. (NASDAQ: NETE) Attracts $7.55 Million Investment on Heels of Blockchain Initiative

Blockchain-focused business unit launched to create crypto-based ecosystem connecting merchants and consumers Cryptocurrency and blockchain technology applications market could reach $10 trillion by 2033 Institutional investment of $7.55 million will support blockchain initiatives and continued growth Net Element (NASDAQ: NETE), a global financial technology and value-added solutions group that supports electronic payments acceptance in an omni-channel environment spanning across point-of-sale, e-commerce and mobile devices, recently announced that it has completed a $7.55 million private placement of restricted common stock and warrants with a New York-based office that has made several investments in blockchain technology platforms. Shares of Net Element rose…

ThursdayFeb 01, 2018 1:25 pm

CryptoCurrencyWire (CCW) Prime Introduces Total News Coverage Solution coupled with Discounted Press Release Services

CCW Prime member benefits include unlimited-word press releases to top-tier networks, third-party media coverage, high-level news enhancement, and more NEW YORK – February 1, 2018 (Globe Newswire) – via NetworkWire – CryptoCurrencyWire (CCW), a multifaceted financial news and publishing company, today announces the launch of its CryptoCurrencyWire Prime program designed to provide private and public companies access to core corporate communications solutions through a unique, discounted membership model. Top Benefits of CCW Prime Membership 20% off U.S. State & Local, U.S. National and Canadian distribution via NetworkWire Professional, in-house press release enhancement Team to ensure maximum impact Third-party media coverage…

WednesdayJan 31, 2018 2:31 pm

IEG Holdings Corp. (IEGH) Aims to be Key Player in the Cryptocurrency/Blockchain Sector

IEG Holdings plans to create its own gold metal-backed cryptocurrency for consumer loans and consumer loan repayments The company’s loans offer interest rates that are significantly lower than payday lenders Adoption of blockchain technology offers substantial growth potential On January 10, 2018, consumer loan provider IEG Holdings Corp. (OTCQB: IEGH) announced that its wholly owned subsidiary, Investment Evolution Crypto, LLC, is negotiating to purchase a gold project with prospecting licenses and known gold resources. The corporation plans to use a gold resource for the creation of its own gold metal-backed cryptocurrency, with a view to offering loans and accepting loan…

ThursdayJan 25, 2018 3:19 pm

Caveat Emptor: Blockchain and Crypto Companies under SEC Scrutiny

The mania surrounding bitcoin and other cryptocurrencies has now overflowed onto the underlying technology. The real value of cryptocurrencies is hotly in dispute, but there is consensus that the underlying blockchain technology has applications that extend far beyond its connections to cryptocurrency. IBM's Martin Schroeter recently told CNBC (http://nnw.fm/Lqvk1), “Blockchain, the digital record-keeping method that exploded in popularity in conjunction with the cryptocurrency craze, will change the way the world makes transactions.” Unfortunately, the unscrupulous will always make every conceivable attempt to capitalize on a current craze and redouble efforts during transformative events. Spring-boarding off the cryptocurrency craze, little-known companies…

ThursdayJan 25, 2018 2:31 pm

SinglePoint, Inc. (SING) Remains Bullish Regarding Use of Bitcoin, Blockchain Technologies to Solve Cannabis Industry’s Payment Problems

Company’s bitcoin payments solution allows underbanked cannabis merchants to accept bitcoin-backed card transactions Proprietary bitcoin exchange soft-launched in November 2017; official launch scheduled for Q1 2018 Company recently announced LOI to acquire Bitcoin Beyond SinglePoint, Inc. (OTC: SING) has evolved from a full-service mobile technology provider to a publicly traded holding company, diversifying into horizontal markets and building a robust portfolio and a diversified holding base by acquiring an interest in undervalued subsidiaries. Through subsidiary company SingleSeed, SinglePoint is successfully offering products and services to the cannabis industry, including, notably, a proprietary bitcoin payments solution that enables both cannabis merchants…

ThursdayJan 25, 2018 1:09 pm

IEG Holdings Corp. (IEGH) Exploring Creation of Gold Metal-backed Cryptocurrency

Negotiations underway to purchase a verified gold project with prospecting licenses IEGH’s cryptocurrency to be backed by gold metal, registered with SEC as a security Volatility of cryptocurrency could potentially be stabilized with precious metal backing Consumer loan provider IEG Holdings Corp. (OTCQB: IEGH), through wholly owned subsidiary Investment Evolution Crypto, LLC. (“Crypto”), recently announced its intention to create its own gold metal-backed cryptocurrency that could potentially be utilized when offering loans and accepting loan repayments. While Crypto is in the development planning stages and exploring the opportunities presented by crypto/blockchain technologies, the company is already negotiating to purchase a…

WednesdayJan 24, 2018 3:07 pm

Petroteq Energy Inc. (TSX.V: PQE) (OTCQX: PQEFF) Looks to Set Another Industry Milestone

Petroteq was a pioneer in the environmentally safe extraction of heavy oils with patented technologies Company’s blockchain initiative, PetroBLOQ, will be first blockchain platform developed exclusively for the supply chain needs of the oil and gas sector Examining company history of value creation, PetroBLOQ may be largest value driver yet Cryptocurrencies have garnered enormous market attention lately. Some say cryptocurrencies are worthless, others say they’re the new global fiat medium of exchange. Time will tell. However, there is consensus that the underlying blockchain technology has applications that extend far beyond its connections to cryptocurrency. Companies around the globe are beginning…

MondayJan 22, 2018 12:34 pm

ChineseInvestors.com, Inc. (CIIX) Sees Bright Future for Cryptocurrencies in China

Warren Wang, CEO of CIIX, says trading is active for cryptocurrencies in China on over-the-counter exchanges CIIX doubles down on its commitment to bitcoin and other cryptocurrencies, spinning off two other corporate divisions to spend more time on building its new cryptocurrency division The company’s goal is to gain revenue, profitability and value for its shareholders ChineseInvestors.com, Inc. (OTCQB: CIIX) sees a bright future for cryptocurrencies in China due to interest among Chinese investors in making cryptocurrencies part of their portfolios of assets (http://nnw.fm/8eAv8). Warren Wang, CEO of CIIX, said in a news release that the emerging middle class in…

MondayJan 22, 2018 12:06 pm

SPYR, Inc. (SPYR) Integrating Blockchain Technology into its Pocket Starships Flagship Game

SPYR eyes greater shareholder value, as the move is expected to increase revenues and profitability through fees charged to players for maintenance and trading of planets they “own” The blockchain technology integration will also allow SPYR to market planets held in the blockchain to others with space-themed games Pocket Starships players will have greater ownership of the planets they buy, and they will be able to execute P2P (player-to-player) transactions with cryptocurrencies, such as bitcoin SPYR, Inc. (OTC: SPYR) has announced that it is executing the integration of blockchain technology into its Pocket Starships flagship game within its wholly-owned subsidiary,…

FridayJan 19, 2018 1:06 pm

AnalytixInsight Inc. (TSX.V: ALY) (OTCQB: ATIXF) Evaluates Convergence of AI with Blockchain Tech

Company notes record revenues in latest quarterly report Global big data revenues expected to approach $80 billion within three to five years Blockchain’s security may enhance AI’s data learning to provide greater efficiency options The world marked 2017 as the year blockchain technology and its derivative applications created real revenue-generating excitement for business, even while differing experts debated whether the transaction-securing tech is truly foundational or simply the market darling of the moment. Among the companies evaluating the changing data landscape was AnalytixInsight, Inc. (TSX.V: ALY) (OTCQB: ATIXF), a dealer in the much older and still nascent technology sector of…

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