CryptoNewsBreaks

TuesdayJun 19, 2018 2:43 pm

CryptoNewsBreaks – Square Inc. (NYSE: SQ) Granted New York Virtual Currency License, Bitcoin Price Surges

The price of bitcoin recorded a significant spike on Monday following news that the New York State Department of Financial Services had granted Square Inc. (NYSE: SQ) a virtual currency license. Per Coindesk, the cryptocurrency’s price climbed from a Monday low of $6,404 to a high of $6,729 over the course of about seven hours. Award of this license marks a major milestone for Square, as New York-based users of the company’s Cash App can now buy and sell bitcoin in real-time. This certification further solidifies Square’s position as one of the most high-profile firms currently operating in the cryptocurrency…

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TuesdayJun 19, 2018 11:28 am

CryptoNewsBreaks – Virtual Crypto Technologies Inc. (VRCP) Reveals New Point of Sale Terminals, Updated NetoBit Application

Cryptocurrency-focused technology company Virtual Crypto Technologies Inc. (OTCQB: VRCP) this morning unveiled the upgraded version of its crypto point-of-sale (“POS”) terminals as well as an updated NetoBit application titled NetoBit Pay. The new double-screen terminal boasts an intuitive display, smart card reader, magnetic stripe reader, camera, barcode scanner and a 58 mm thermal printer, replacing the previous tablet-style hardware. The new platform reflects the ATM process familiar to consumers, allowing them to scan an app-generated QR code rather than requiring an email address or other information in order to execute a transaction. Additionally, the updated application gives operators control of…

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TuesdayJun 19, 2018 10:55 am

CryptoNewsBreaks – Global Payout, Inc. (GOHE) Subsidiary Approaching Launch of Blockchain-Powered Payment Solution at San Diego Dispensary

Global Payout, Inc. (OTC: GOHE), through wholly owned subsidiary MTRAC Tech Corp., this morning announced that it has commenced integration of its blockchain-powered payment solution into its first merchant location. Per the update, the MTRAC kiosk was initially installed at ManKind, a San Diego-based dispensary, on June 15, and Global Payout intends to dedicate the next few days toward “integrating the cashless payment platform and prepping the new client for their initial launch.” The company expects full launch of the newly-integrated system to occur on June 25. “Getting our first client up and running marks a monumental week here at…

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MondayJun 18, 2018 10:18 am

CryptoNewsBreaks – SinglePoint, Inc. (SING) Files Form 10 to Become Fully Reporting

SinglePoint, Inc. (OTCQB: SING) this morning announced the successful completion and filing of the company’s Form 10 Registration Statement with the Securities and Exchange Commission. This marks a significant achievement for the company by helping to establish credibility in the investment community. “We are ecstatic to have this completed and filed. We feel it really sets the company up for future successes. It’s a great foundational block to be fully reporting and provide the level of transparency to everyone that may become involved with the company. We believe that his level of transparency can accelerate our potential growth,” SinglePoint president…

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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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