NewsRoom Articles - Page 156 of 167

FridayFeb 02, 2018 1:10 pm

Riot Blockchain, Inc. (NASDAQ: RIOT) Investments Solidify Effort to Build Decentralized Tech Platforms

Company’s investments in Verady, Coinsquare and TessPay among recent work to increase security for transactions Blockchain, cannabis sectors accounted for nearly 10 percent of rising daily activity for TD Ameritrade in 4Q2017 Estimated $10 billion in cryptocurrency transacted each day Riot Blockchain, Inc. (NASDAQ: RIOT) is advancing its focus on the rising blockchain technology and its cryptocurrency applications, as exemplified by its November announcement of its strategic investment in Verady, LLC, a company that provides accounting, auditing and verification for blockchain-based assets such as cryptocurrencies (http://nnw.fm/Odp3i). The strategy paid off with news that Riot Blockchain’s stock surged from $7 in…

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…

WednesdayJan 31, 2018 12:10 pm

Inherent Nature of Blockchain Technology Opens Door for New Industry Applications

In the syndicated editorial, “Inherent Nature of Blockchain Technology Opens Door for New Industry Applications,” issued earlier today by CryptoCurrencyWire, it was stated that Riot Blockchain acquired Verady, LLC. We wish to clarify that Riot Blockchain acquired a stake in Verady and did not make a complete acquisition. Complete corrected text follows. CryptoCurrencyWire Editorial Coverage: Blockchain and cannabis stocks enjoyed an impressive market run in 2017 and industry analysts expect the trend to continue in 2018. As these industries continue to grow, innovators are finding ways to integrate this growth and address areas of need in different verticals. Case in…

TuesdayJan 30, 2018 9:00 am

Sino Adoption of Blockchain Technologies, Cryptocurrencies on Horizon

CryptoCurrencyWire Editorial Coverage: The widespread adoption of cryptocurrencies and blockchain technologies is all but inevitable. The technologies demonstrate numerous consumer and commercial advantages, particularly in logistics, international trade, and even food-safety and product anti-counterfeiting drives. As global and online commerce expands, so does the need for streamlined verification of product quality, delivery and payments, a few of the many capabilities offered by blockchain technology. An emerging leader in this space is ChineseInvestors.com (CIIX) (CIIX Profile), which, among other cryptocurrency-related endeavors, recently opened a bitcoin ATM at its U.S. headquarters in California. Other companies operating in the cryptocurrency and blockchain space…

TuesdayJan 30, 2018 9:00 am

How Blockchain is Transforming Payments and More

CryptoCurrencyWire Editorial Coverage: Less than a decade ago, blockchain sounded like the fodder of science fiction; today, the technology is demonstrating its ability to revolutionize the finance industry. By stepping outside the existing payment structures, blockchain provides a new and secure way to execute financial transactions. The use of the technology is rapidly expanding, and because of the innovative nature of the technology, its wide-ranging possibilities are being explored and developed by a range of companies with unique objectives. Some, such as SinglePoint, Inc. (SING) (SING Profile), are looking at how to integrate these technologies to provide a better service…

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…