CryptoNewsBreaks – Diamond Lake Minerals Inc. (DLMI) Announces Strategic Engagement of Fruci & Associates

October 19, 2023 12:02:26

Diamond Lake Minerals (OTC: DLMI), a leading multi-strategy operating company specializing in developing and supporting digital assets and SEC-registered security tokens, today announced a significant milestone in its journey. The company has engaged Fruci & Associates II, PLLC as its PCAOB registered auditing firm for a comprehensive two-year audit, aligning with its strategy to enhance transparency, boost investor confidence, and support its planned uplisting to a senior national exchange.

“The engagement of Fruci & Associates exemplifies our dedication to responsible and transparent financial reporting,” said Brian J. Esposito, CEO of Diamond Lake Minerals. “We believe that uplisting to a senior national exchange is an important step that will expand our reach and credibility, while facilitating participation with institutional investors. Fruci & Associates, with its commitment to investor protection, will be instrumental in helping us continue towards achieving our goal of ensuring the company’s financial integrity.”

To view the full press release, visit https://ccw.fm/YQ2Im

About Diamond Lake Minerals Inc.

Founded in Utah in 1954, Diamond Lake Minerals is a multi-strategy operating company that specializes in the development and support of digital assets and SEC-registered security tokens. Its goal is to responsibly innovate and develop valuable traditional businesses and successfully combine them with the future of money and digital assets. Diamond Lake’s mission is to bring back to the public markets timeless business principles that are focused on healthy sustainable growth and strong earnings that generate yields combined in a modern digital world creating value for its stakeholders. DLMI is positioning itself as an industry-agnostic leader in the digital asset and security token space. For more information, visit the company’s website at www.DiamondLakeMinerals.com.

NOTE TO INVESTORS: The latest news and updates relating to DLMI are available in the company’s newsroom at https://ibn.fm/DLMI

About CryptoCurrencyWire

CryptoCurrencyWire (“CCW”) is a specialized communications platform with a focus on blockchain and the cryptocurrency sector. It is one of 60+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, CCW is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists and the general public. By cutting through the overload of information in today’s market, CCW brings its clients unparalleled recognition and brand awareness. CCW is where breaking news, insightful content and actionable information converge.

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CryptoNewsBreaks – Diamond Lake Minerals Inc. (DLMI) Announces Fugal as New Strategic Advisor

October 18, 2023 11:58:04

Diamond Lake Minerals (OTC: DLMI), a multistrategy operating company specializing in developing and supporting digital assets and SEC-registered security tokens, has named Brandon Fugal as a strategic advisor. According to the announcement, Fugal, who is chair of Colliers International and owner of Skinwalker Ranch, is joining the growing team of DLMI professionals with decades of expertise in both traditional and digital asset spaces. Other advisors include Anthony Scaramucci, Larry Namer, Andrew Fromm, Raul Leal, Michael Malik Sr. and Agnes Budzyn. Frugal has impressive experience in business strategy, is a prominent business leader and has been recognized as a market leader nationwide. Fugal is the cofounder and owner of Coldwell Banker Commercial Advisors, which merged with Colliers, the number one commercial real estate firm in the Intermountain West and one of the leading commercial real estate firms in the world. An active entrepreneur and investor, Fugal has cofounded and led several companies including Cypher, Axcend and Texas Growth Fund, with development and master planning experience on a wide variety of projects.

“I am beyond humbled that Mr. Brandon Fugal has joined our team here at Diamond Lake Minerals,” said Diamond Lakes Minerals CEO Brian J. Esposito in the press release. “Brandon is one of the hardest-working and brilliant executives I have ever had the pleasure to meet. I have so much admiration and respect for him, and having his full support is a true testament that we are on the right track on our mission to bring back timeless business principles focused on healthy sustainable growth and strong earnings that generate consistent yields for our stakeholders. Brandon’s deep history and relationships in Salt Lake City will also be a substantial asset as we continue to build and grow Diamond Lake Minerals in this beautiful city.”

To view the full press release, visit https://ccw.fm/hH5cx

About Diamond Lake Minerals Inc.

Founded in Utah in 1954, Diamond Lake Minerals is a multistrategy operating company that specializes in the development and support of digital assets and SEC-registered security tokens. The company’s goal is to responsibly innovate and develop valuable traditional businesses and successfully combine them with the future of money and digital assets. DLMI’s mission is to bring back to the public markets timeless business principles that are focused on healthy sustainable growth and strong earnings that generate yields combined in a modern digital world creating value for our stakeholders. DLMI is positioning itself as an industry-agnostic leader in the digital asset and security token space. For more information, visit the company’s website at www.DiamondLakeMinerals.com.

About CryptoCurrencyWire

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Hamas Reportedly Obtaining Funding Using Crypto

October 18, 2023 10:20:00

Iran has played a substantial role as a major financial supporter of Hamas, offering crucial resources for its terrorist activities. However, international investigators, including those in the United States, have uncovered an alternative revenue stream used by Hamas: distant online contributors that provide support through crypto.

Even before the recent surprise attack by Hamas on Israel, the U.S. Department of Justice (DOJ) had been actively pursuing a criminal inquiry into the militant group’s alleged use of crypto and money-laundering activities. While the details of the investigation remain sealed, the information that has been made…

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CryptoNewsBreaks – Upstream Experts Talk NFTs as Effective Ways to Add Value to Loyalty, Rewards Programs

October 16, 2023 10:47:18

Upstream, the revolutionary retail trading app for stocks and NFTs powered by Horizon Fintex and MERJ Exchange Limited, has released the latest episode of its “Upstream Up Close” interview series. In this episode, Vanessa, Upstream’s head of marketing, is joined by client success manager Amanda and digital marketing specialists Anastasia and Fernanda to discuss a recent dappGambl report indicating that 95% of NFTs have been labeled nearly worthless. During the episode, the group acknowledges that, as a speculative investment vehicle, NFTs are “dead,” but the group noted that when looking at NFTs through the lens of fan engagement and utility non-fungible tokens are far from obsolete.

The group discussed a handful of ways that NFTs can add value to loyalty and rewards programs across businesses of all sizes and included several examples, including Starbucks, which embraced NFTs to redefine customer interaction through its Starbucks Odyssey rewards program; Dutch fashion brand Scotch & Soda, which offers users exclusive experiences and events through its program; and Soapy Joe’s Car Wash, which launched an NFT campaign allowing customers to collect Ethereum-based NFTs. “Traditional loyalty programs, with their points, discounts and generic freebies, are ripe for innovation,” stated the Upstream blog reporting the episode. “Modern consumers demand more. They want personalization, community, authenticity, and true digital ownership. NFT-based loyalty programs provide precisely that.”

To view the full blog, visit https://ccw.fm/L7gaq

About Upstream

Upstream, a MERJ exchange market, is a fully regulated global stock exchange. Powered by Horizon Fintex’s proprietary matching-engine technology, the exchange enables investors to trade shares in dual-listed companies, NFTs, shares in IPOs, crowdfunded companies, U.S. and international equities, and celebrity ventures directly from the app. For more information about the company, visit www.Upstream.Exchange.

About CryptoCurrencyWire

CryptoCurrencyWire (“CCW”) is a specialized communications platform with a focus on blockchain and the cryptocurrency sector. It is one of 60+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, CCW is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists and the general public. By cutting through the overload of information in today’s market, CCW brings its clients unparalleled recognition and brand awareness. CCW is where breaking news, insightful content and actionable information converge.

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StanChart Predicts Five Times Rise in Value of Ether by 2026

October 16, 2023 08:05:00

Ether, the world’s second-largest crypto, could potentially witness a remarkable surge in its value, soaring more than fivefold by 2027, as projected by Standard Chartered. According to StanChart’s head of crypto and forex research, Geoffrey Kendrick, ether, which serves as the ethereum blockchain’s native crypto, is poised for a substantial ascent, potentially reaching a significant milestone of $8,000 by the end of 2026.

Evaluating cryptocurrencies’ value remains a complex task, primarily due to the absence of traditional assets backing digital tokens such as Bitcoin or ether. Unlike conventional assets, including currencies, bonds and stocks, cryptocurrencies lack established metrics for valuation. Instead, the pricing of…

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About CryptoCurrencyWire

CryptoCurrencyWire (“CCW”) is a specialized communications platform with a focus on blockchain and the cryptocurrency sector. It is one of 60+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, CCW is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists and the general public. By cutting through the overload of information in today’s market, CCW brings its clients unparalleled recognition and brand awareness. CCW is where breaking news, insightful content and actionable information converge.

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US Mulls Applying EFT Regulations to Cryptocurrency Accounts

October 13, 2023 10:20:00

The Consumer Financial Protection Bureau (CFPB) is currently assessing the use of the Electronic Fund Transfer Act (EFTA) within the context of crypto platforms. This move is geared towards enhancing safeguards for consumers in a market that has recently witnessed significant breaches on platforms such as FTX, Crypto.com and Axie Infinity. Under the EFTA legislation, electronic fund service providers must apprise users of their responsibilities regarding unauthorized transfers.

Rohit Chopra, director of the CFPB, announced the agency’s plans to delve further into the operational aspects of significant digital companies at a recent Brookings Institution meeting. The scrutiny extends to how these companies handle user data and their strategic approaches to the introduction or…

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About CryptoCurrencyWire

CryptoCurrencyWire (“CCW”) is a specialized communications platform with a focus on blockchain and the cryptocurrency sector. It is one of 60+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, CCW is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists and the general public. By cutting through the overload of information in today’s market, CCW brings its clients unparalleled recognition and brand awareness. CCW is where breaking news, insightful content and actionable information converge.

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CryptoNewsBreaks – Nate’s Food Co. (NHMD) Issues Shareholder Update

October 12, 2023 12:19:58

Nate’s Food Co. (OTC: NHMD), a dynamic food manufacturer and distributor, today announced that it has filed a Form 8-K with the Securities and Exchange Commission that provides details on the company’s corporate charter amendment that has been filed with the Colorado Secretary of State. According to the announcement, the charter amendment formalizes the company’s commitment not to engage in a reverse stock split of its common stock before Jan. 1, 2025, unless the company is uplisting to NASDAQ or the NYSE.

To view the full press release, visit https://ccw.fm/vVaFe

About Nate’s Food Co.

Nate’s is a dynamic food manufacturer and distributor committed to delivering top-quality products to customers globally. With a legacy of innovation and a focus on excellence, the company continues to shape the future of the food industry.

About CryptoCurrencyWire

CryptoCurrencyWire (“CCW”) is a specialized communications platform with a focus on blockchain and the cryptocurrency sector. It is one of 60+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, CCW is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists and the general public. By cutting through the overload of information in today’s market, CCW brings its clients unparalleled recognition and brand awareness. CCW is where breaking news, insightful content and actionable information converge.

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CryptoNewsBreaks – Untraceable’s Flagship Conference Showcases Ever-Rising Possibilities Unlocked by Blockchain Technologies

October 11, 2023 12:53:14

Untraceable’s flagship event, the Blockchain Futurist Conference, recently took the spotlight at the iconic Rebel Entertainment Complex and Cabana Pool Bar. As the largest Web3 gathering in Canadian history, this year’s conference brought together global thought leaders and industry luminaries to explore the rapidly evolving technological landscape, hidden opportunities and an increasing number of innovative applications. Thousands of attendees (including developers, visionaries, startup entrepreneurs, investors, financial institutions representatives, technology enthusiasts and nearly 200 speakers) joined the conference, a cornerstone of Canada Crypto Week.

IBN’s CryptoCurrencyWire served as an official newswire and a key sponsor of the event, and Jonathan Keim, IBN’s director of communications, delivered a main-stage session titled “Public Relations and Web3 Technologies.” To request a recording of Keim’s session, which provides insights into leveraging Web3 strategies for greater engagement through news channels, use the following form: www.ibn.fm/contact.

“Tracy, Mahyar, Laura, dedicated volunteers and a host of other amazing people behind the Blockchain Futurist Conference have created a conference experience like no other. The annual conference series continues to build momentum as more and more people in the tech space take notice of the new possibilities being unlocked by blockchain technologies,” Keim said of the conference. “Our whole team greatly appreciates every opportunity to be part of Untraceable’s events.”

To view the full press release, visit https://ccw.fm/oe63i

About IBN

IBN consists of financial brands introduced to the investment public over the course of 17+ years. With IBN, we have amassed a collective audience of millions of social media followers. These distinctive investor brands aim to fulfill the unique needs of a growing base of client-partners. IBN will continue to expand our branded network of highly influential properties, leveraging the knowledge and energy of specialized teams of experts to serve our increasingly diversified list of clients.

Through our Dynamic Brand Portfolio (“DBP”), IBN provides: (1) access to a network of wire solutions via InvestorWire to reach all target markets, industries and demographics in the most effective manner possible; (2) article and editorial syndication to 5,000+ news outlets; (3) Press Release Enhancement to ensure maximum impact; (4) full-scale distribution to a growing social media audience; (5) a full array of corporate communications solutions; and (6) total news coverage solutions.

For more information, please visit https://www.InvestorBrandNetwork.com

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About CryptoCurrencyWire

CryptoCurrencyWire (“CCW”) is a specialized communications platform with a focus on blockchain and the cryptocurrency sector. It is one of 60+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, CCW is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists and the general public. By cutting through the overload of information in today’s market, CCW brings its clients unparalleled recognition and brand awareness. CCW is where breaking news, insightful content and actionable information converge.

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Binance to Sell Off Russian Operations

October 11, 2023 10:20:00

Crypto exchange Binance, which has been facing a series of legal challenges in recent months, has made a surprising move by selling all assets of its Russian branch to a company that was established only days before the transaction. Binance’s troubles began in June when the U.S. Securities and Exchange Commission (SEC) initiated a lawsuit against the exchange, alleging violations of securities laws. The SEC accused Binance of engaging in unregistered sales and offers of securities and misleading potential investors about controls and surveillance over manipulative trading.

The lawsuit triggered a major investigation into the company’s activities, and in September, the SEC criticized Binance for its lack of cooperation with federal regulators, leading to further scrutiny.

Despite Binance’s claims that the lawsuit is part of a broader federal crackdown on cryptocurrencies, the company has faced increasing challenges. Binance U.S. CEO Brian Shroder resigned in September, and significant layoffs followed, affecting nearly one-third of the company’s employees. This upheaval, combined with the requirement for American customers to use Binance.us to comply with regulators and the discontinuation of USD support on the platform, has jeopardized Binance’s presence in the U.S. market.

The most significant shock came on Sept. 27, 2023, when Binance announced the sale of all business and exchange operations in Russia to a newly established company called CommEX. The move raised concerns, with some speculating that the two companies are connected.

Binance cited a DOJ investigation into sanctions violations as the reason for the sale but denied ownership of CommEX. Despite this, many former Binance employees transitioned to CommEX, and the exchange has assured Russian users that their assets are safe.

Binance’s withdrawal from the Russian market, a significant player in the global crypto scene, suggests significant disruptions to its operations and potential legal concerns. If the DOJ continues its probe into CommEX’s legitimacy, Binance may face additional legal challenges.

Following the sale announcement, Binance received some support from industry players, including Circle Internet Financial Ltd. and Paradigm Operations, which filed amicus briefs in support of Binance’s lawsuit dismissal. However, it remains uncertain if this support will deter the SEC’s actions.

In further setbacks, a class-action civil suit was filed Oct. 3, 2023, against Binance and its subsidiaries, specifically naming CEO Changpeng Zhao. The lawsuit aims to secure compensation for damages to businesses affected by Binance’s actions.

Despite these legal battles, the most concerning development for Binance is the decline of its stablecoin, BUSD. Binance announced the cessation of all lending and borrowing in BUSD, a stablecoin that had a peak market capitalization of $23 billion in 2022 but has since plummeted to just over $2 billion.

The future of Binance remains uncertain, with questions about its continued existence or resurgence. However, bitcoin itself appears to remain resilient despite the turmoil surrounding Binance, underscoring the global nature of the crypto industry and its independence from any single exchange. Other actors like HIVE Blockchain Technologies Ltd. (NASDAQ: HIVE) (TSX.V: HIVE) are also weathering the headwinds battering the crypto industry.

About CryptoCurrencyWire

CryptoCurrencyWire (“CCW”) is a specialized communications platform with a focus on blockchain and the cryptocurrency sector. It is one of 60+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, CCW is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists and the general public. By cutting through the overload of information in today’s market, CCW brings its clients unparalleled recognition and brand awareness. CCW is where breaking news, insightful content and actionable information converge.

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CryptoNewsBreaks – Upstream Suggests Ways to Boost Customer Engagement in Coming Months with Holiday-Themed NFT

October 9, 2023 09:23:39

Upstream, the revolutionary retail trading app for stocks and NFTs powered by Horizon Fintex and MERJ Exchange Limited, is encouraging brands to engage customers through NFT (Non-Fungible Tokens) offerings this holiday season. Upstream’s most recent blog notes that NFTs can be an innovative way for brands to boost sales and engage customers. Companies can offer limited edition NFTs in the form of digital art, virtual greeting cards of holiday messages or they can offer exclusive discounts or rewards to customers who purchase products using specific NFTs. Virtual advent calendars can be designed that give customers a new digital surprise or discount code every day or every week.

Companies can also create an interactive NFT-based story related to their brand or products or tie their NFT sales to a charitable cause. The blog also notes that NFTs can be offered as a digital scavenger hunt where participants collect specific holiday-themed NFTs to win prizes or discounts. Customers can also host virtual events or parties that are exclusive to those who hold holiday NFTs. Companies can also collaborate with popular artists or celebrities to create exclusive holiday-themed NFTs with unique sound bites or create NFT-based loyalty rewards program that give exclusive NFTs based on purchases. “The key is to make the experience valuable, exclusive and interactive,” states the Upstream blog. “By integrating NFTs creatively into your holiday marketing strategy, you can enhance customer engagement and potentially boost sales for your brand.”

To view the full blog, visit https://ccw.fm/sy0Uv

About Upstream

Upstream, a MERJ exchange market, is a fully regulated global stock exchange. Powered by Horizon Fintex’s proprietary matching-engine technology, the exchange enables investors to trade shares in dual-listed companies, NFTs, shares in IPOs, crowdfunded companies, U.S. and international equities, and celebrity ventures directly from the app. For more information about the company, visit www.Upstream.Exchange.

About CryptoCurrencyWire

CryptoCurrencyWire (“CCW”) is a specialized communications platform with a focus on blockchain and the cryptocurrency sector. It is one of 60+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, CCW is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists and the general public. By cutting through the overload of information in today’s market, CCW brings its clients unparalleled recognition and brand awareness. CCW is where breaking news, insightful content and actionable information converge.

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Sam Bankman-Fried’s Highly Anticipated Trial Begins

October 9, 2023 08:05:00

Former crypto magnate Sam Bankman-Fried finds himself facing the prospect of spending several decades behind bars as his trial commences, marking one of the most substantial financial scandals in U.S. history. The 31-year-old entrepreneur, previously at the helm of one of the world’s largest crypto exchanges, stands accused of embezzling vast sums from investors.

Bankman-Fried catapulted to prominence after establishing FTX in 2019. He soon emerged as a leading figurehead in the crypto space, often recognized by his unruly hair, high-profile sports endorsements…

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About CryptoCurrencyWire

CryptoCurrencyWire (“CCW”) is a specialized communications platform with a focus on blockchain and the cryptocurrency sector. It is one of 60+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, CCW is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists and the general public. By cutting through the overload of information in today’s market, CCW brings its clients unparalleled recognition and brand awareness. CCW is where breaking news, insightful content and actionable information converge.

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Singapore Grants Coinbase Payment Exchange License

October 6, 2023 08:05:00

Crypto exchange Coinbase announced on Oct. 1, 2023, that it had secured a Major Payment Institution (MPI) license from Singapore’s monetary authority, MAS. The new approval, which comes one year after the exchange’s first in-principle approval in the country, will allow Coinbase to extend its digital payment token services to Singapore citizens and institutions.

The MAS stipulates that MPI-licensed companies have the green light to provide payment services without being constrained by transaction limits of $2.2 million. Additionally, the companies are exempt from the monthly transaction limit of $4.4 million for two or more payment services, as long as they…

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About CryptoCurrencyWire

CryptoCurrencyWire (“CCW”) is a specialized communications platform with a focus on blockchain and the cryptocurrency sector. It is one of 60+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, CCW is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists and the general public. By cutting through the overload of information in today’s market, CCW brings its clients unparalleled recognition and brand awareness. CCW is where breaking news, insightful content and actionable information converge.

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CryptoNewsBreaks – Santo Mining Corp. (SANP), Planta Vida S.A.S. Enter Strategic Joint Venture

October 4, 2023 13:49:21

Santo (OTC: SANP), a vertically integrated 4th industrial revolution firm specializing in end-to-end blockchain-as-a-service (“BaaS”) solutions and other cutting-edge technologies such as IoT, AI, NFTs, and data analytics, has announced its entry into a strategic joint venture agreement with Planta Vida S.A.S. According to the announcement, the company will outline the business operations of this agreement during the days and weeks to come. “This agreement gives us, for the first time, a true sold partnership with a group that is highly skilled and respected in the cannabis industry,” said Frank Yglesias, CEO of Santo. “This will allow us to focus on software development in this cannabis industry with the guidance and marketing expertise of the group.”

To view the full press release, visit https://ccw.fm/Zkq5d

About Santo Mining Corp.

The company is a vertically integrated 4th industrial revolution firm specializing in end-to-end blockchain-as-a-service (“BaaS”) solutions and other cutting-edge technologies such as IoT, AI, NFTs, and data analytics. Santo’s focus is exclusively on serving the cannabis industry. Much like software-as-a-service (“SaaS”), it manages, operates and develops these advanced services, offering comprehensive support for cannabis businesses to thrive in the digital age. For more information, visit SantoBlockchain.com.

About CryptoCurrencyWire

CryptoCurrencyWire (“CCW”) is a specialized communications platform with a focus on blockchain and the cryptocurrency sector. It is one of 60+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, CCW is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists and the general public. By cutting through the overload of information in today’s market, CCW brings its clients unparalleled recognition and brand awareness. CCW is where breaking news, insightful content and actionable information converge.

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Singapore Arrests Collapsed Crypto Hedge Fund Cofounder

October 4, 2023 08:05:00

Authorities in Singapore have apprehended Three Arrows Capital (3AC) cofounder Su Zhu as he attempted to leave Singapore. Teneo, the liquidator in charge of managing 3AC’s bankruptcy proceedings, released an official statement last week detailing the capture of Zhu at Changi Airport as he tried to exit the city-state.

According to Teneo, Su Zhu and Kyle Davies, his cofounder, were given four-month prison terms. Currently, Davies’ whereabouts remain unknown. This was a result of the Singaporean Courts’ ruling against Zhu for his deliberate noncompliance with court orders compelling him to cooperate with…

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About CryptoCurrencyWire

CryptoCurrencyWire (“CCW”) is a specialized communications platform with a focus on blockchain and the cryptocurrency sector. It is one of 60+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, CCW is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists and the general public. By cutting through the overload of information in today’s market, CCW brings its clients unparalleled recognition and brand awareness. CCW is where breaking news, insightful content and actionable information converge.

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CryptoNewsBreaks – CCW to Serve as Official Newswire for Blockchain Economy Dubai Event

October 3, 2023 15:32:07

CryptoCurrencyWire (“CCW”), one of 60+ brands of IBN (“InvestorBrandNetwork”), today announced its collaboration with Blockchain Economy Summit as the official newswire for the 8th edition of the Blockchain Economy Dubai event. IBN will also serve as an official media partner for the event, which is slated to take place at the iconic Le Meridien Dubai Hotel and Conference Center on Oct. 4-5, 2023. As the event’s official newswire, CCW will disseminate announcements, syndicate editorial content and provide comprehensive news coverage to generate widespread interest across target markets, including investors, consumers, industry professionals and journalists.

“The Blockchain Economy Summit is an important conference series for the crypto, AI and web3 sectors, said Jonathan Keim, director of communications for IBN. “We are very pleased to leverage our network of digital channels to drive broader recognition for the upcoming summit. With the Dubai edition of the event now in its eighth iteration, it has established an impressive track record of producing groundbreaking and sector-redefining experiences.”

To view the full press release, visit https://ccw.fm/v0Oli

About IBN

IBN consists of financial brands introduced to the investment public over the course of 17+ years. With IBN, we have amassed a collective audience of millions of social media followers. These distinctive investor brands aim to fulfill the unique needs of a growing base of client-partners. IBN will continue to expand our branded network of highly influential properties, leveraging the knowledge and energy of specialized teams of experts to serve our increasingly diversified list of clients.

Through our Dynamic Brand Portfolio (“DBP”), IBN provides: (1) access to a network of wire solutions via InvestorWire to reach all target markets, industries and demographics in the most effective manner possible; (2) article and editorial syndication to 5,000+ news outlets; (3) Press Release Enhancement to ensure maximum impact; (4) full-scale distribution to a growing social media audience; (5) a full array of corporate communications solutions; and (6) total news coverage solutions.

For more information, please visit https://www.InvestorBrandNetwork.com

Please see full terms of use and disclaimers on the InvestorBrandNetwork website applicable to all content provided by IBN, wherever published or re-published: http://IBN.fm/Disclaimer

About CryptoCurrencyWire

CryptoCurrencyWire (“CCW”) is a specialized communications platform with a focus on blockchain and the cryptocurrency sector. It is one of 60+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, CCW is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists and the general public. By cutting through the overload of information in today’s market, CCW brings its clients unparalleled recognition and brand awareness. CCW is where breaking news, insightful content and actionable information converge.

To receive SMS alerts from CryptoCurrencyWire, text “CRYPTO” to 77948 (U.S. Mobile Phones Only)

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CryptoNewsBreaks – Upstream Discusses Value of Speculative vs. Utility-Based NFTs

September 29, 2023 13:09:50

Upstream, the revolutionary retail trading app for stocks and NFTs powered by Horizon Fintex and MERJ Exchange Limited, is discussing the value of the “once-booming world of speculative NFTs” in its latest blog. According to the blog, the NFT world is facing a “harsh reality” as a dappGambl report has declared the vast majority of NFTs virtually worthless. The blog notes that initially celebrities and artists flocked to the digital realm followed by eager buyers hoping to make it big. However, the initial enthusiasm for speculative NFTs died down as market oversaturation, environmental concerns, the crypto winter and speculative risks began to impact the space. However, Upstream continues, the technology does offer value, “including the ability to create shared, exclusive experiences within communities and subcommunities, timestamp key events and moments in an immutable way, and even break new ground in Metaverses down the line.”

Upstream has always advocated for NFTs as a means of fan engagement rather than a speculative ride because they serve as merchandise or collectibles with an immutable record of ownership, providing potential for creative campaigns for brands, personal brands, sports teams, or other type of organizations. The blog noted several forward-thinking companies that are leveraged the potential of NFTs in new ways, including American Express, which is introducing Member Collectibles; Lufthansa Innovation Hub and Miles & More, which is introducing an app that allows passengers to transform boarding passes into NFT trading cards; and Diesel, which teamed up with Hape to create a collection of NFTs aimed at fashion and Web3 enthusiasts. “As pioneers in blockchain-powered and NFT trading, Upstream’s mission is to unlock the full potential of NFTs for everyone,” the blog states. “Our user-friendly trading app simplifies the entire process, allowing users to create, purchase and trade NFTs effortlessly. While the speculative NFT market faces uncertainty, Upstream remains a beacon of stability with its focus on utility-based NFTs and genuine fan engagement. As the NFT landscape continues to evolve, Upstream stands ready to empower users and redefine the future of digital assets.”

To view the full blog, visit https://ccw.fm/XOpJ2

About Upstream

Upstream, a MERJ exchange market, is a fully regulated global stock exchange. Powered by Horizon Fintex’s proprietary matching-engine technology, the exchange enables investors to trade shares in dual-listed companies, NFTs, shares in IPOs, crowdfunded companies, U.S. and international equities, and celebrity ventures directly from the app. For more information about the company, visit www.Upstream.Exchange.

About CryptoCurrencyWire

CryptoCurrencyWire (“CCW”) is a specialized communications platform with a focus on blockchain and the cryptocurrency sector. It is one of 60+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, CCW is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists and the general public. By cutting through the overload of information in today’s market, CCW brings its clients unparalleled recognition and brand awareness. CCW is where breaking news, insightful content and actionable information converge.

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Asset Tokenization Gains Traction Among Crypto Skeptics, Enthusiasts

September 29, 2023 08:05:00

The digitization of tangible assets such as commodities, art and real estate on the blockchain was once considered a specialized pursuit limited to cryptocurrency enthusiasts. However, this perspective is evolving as leading financial institutions and smaller, cryptocentric entities embrace the concept of asset tokenization.

Initially, major banks held reservations regarding cryptocurrencies such as Bitcoin. Nevertheless, they recognized the transformative potential of the underlying distributed ledger technology in…

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About CryptoCurrencyWire

CryptoCurrencyWire (“CCW”) is a specialized communications platform with a focus on blockchain and the cryptocurrency sector. It is one of 60+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, CCW is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists and the general public. By cutting through the overload of information in today’s market, CCW brings its clients unparalleled recognition and brand awareness. CCW is where breaking news, insightful content and actionable information converge.

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CryptoNewsBreaks — Blockchain Economy Summit in Dubai Gathers Industry Leaders, Enthusiasts to ‘Shape Future of Finance’

September 28, 2023 14:10:22

The Blockchain Economy Summit, recognized as the world’s largest blockchain conference network, is gathering for the eighth edition of the event in Dubai. Scheduled for Oct. 4–5, 2023, the premier summit brings together key players and experts from the world’s top crypto companies along with blockchain entrepreneurs and AI innovators. The Dubai summit serves as the region’s premier gathering, representing the world of blockchain, cryptocurrency and AI. The event agenda will focus on the future of financial technologies while also providing participants from more than 85 countries with extensive networking opportunities. Speakers at the event include key experts from the industry, such as Martin Hanzl, head of new technologies at EY Law; Lennix Lai, global chief commercial officer at OKX; Phillip Liu, general manager of Tencent Cloud International in the MENA Region; and Sam Blatteis, CEO of the MENA Catalysts, just to name a few.

Topics covered include Investment and Trading Strategies: The Future Landscape; Decentralized Finance (DeFi): New Frontiers; Transitioning from Web2 to Web3: A Roadmap; Regulatory Frameworks for Cryptocurrency Usage; Seamless Payment Applications in Blockchain; the Intersection of AI and Web3: A Harmonious Convergence, among many others. “We are thrilled to be back in Dubai, a city at the forefront of embracing blockchain technology,” Blockchain Economy Summit general manager Servi Aman in the press release. “Dubai’s strategic vision and commitment to innovation perfectly align with our mission to shape the future of finance. This event will spark collaboration and exploration of groundbreaking ideas, driving the crypto industry forward.”

To view the full press release, visit https://ccw.fm/4J6xV

About Blockchain Economy Summit

Blockchain Economy Summit is the world’s largest blockchain conference network bringing together the key players of crypto industry and experts to redefine the future of finance. The eighth edition of the Blockchain Economy Summit will take place during two days in Dubai on Oct. 4–5, 2023. with the world’s top crypto companies, blockchain entrepreneurs and AI innovators. Today, UAE, specifically Dubai, is gearing up to become a global crypto hub, also embracing the AI technologies to boost efficiency and implementation across public services. Thus, Blockchain Economy Dubai Summit will be the main gathering in the region on behalf of the world of blockchain, cryptocurrency and AI technologies, with a wide range of topics focused on the revolutionary technologies of the future, extensive networking opportunities and participation from more than 85 countries. For more information about the company, please visit www.BEconomydubai.com.

About CryptoCurrencyWire

CryptoCurrencyWire (“CCW”) is a specialized communications platform with a focus on blockchain and the cryptocurrency sector. It is one of 60+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, CCW is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists and the general public. By cutting through the overload of information in today’s market, CCW brings its clients unparalleled recognition and brand awareness. CCW is where breaking news, insightful content and actionable information converge.

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CryptoNewsBreaks – CAC23B to Showcase Cutting-Edge of DLT, Blockchain and Crypto Assets

September 28, 2023 13:06:24

The Frankfurt School Blockchain Center has announced the Crypto Assets Conference (“CAC23B”), which is set to shine the spotlight on the digital assets landscape from Oct. 17 to 18, 2023. In a world where cryptos challenge traditional norms and DeFi integration reshapes banking, the event is designed to pave the way for a future shaped by innovation and exploration. Emerging trends will be on full display at the conference, such as Web3’s potential to revolutionize societal interactions and tokenization’s redefinition of ownership, powered by blockchain’s limitless applications. As industries evolve, CAC23B gathers sector specialists, corporate pioneers and trailblazing entrepreneurs to explore the cutting-edge of DLT, blockchain, and crypto assets.

To view the full press release, visit https://ccw.fm/P9OGM

About Crypto Assets Conference (“CAC23B”)

CAC23B is set to illuminate the digital assets landscape from Oct. 17 to 18, 2023. In a world where Bitcoin and Ethereum challenge traditional norms and DeFi integration reshapes banking, #CAC23B paves the way for a future shaped by innovation and exploration. For more information, visit www.Crypto-Assets-Conference.de.

About CryptoCurrencyWire

CryptoCurrencyWire (“CCW”) is a specialized communications platform with a focus on blockchain and the cryptocurrency sector. It is one of 60+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, CCW is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists and the general public. By cutting through the overload of information in today’s market, CCW brings its clients unparalleled recognition and brand awareness. CCW is where breaking news, insightful content and actionable information converge.

To receive SMS alerts from CryptoCurrencyWire, text “CRYPTO” to 77948 (U.S. Mobile Phones Only)

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Please see full terms of use and disclaimers on the CryptoCurrencyWire website applicable to all content provided by CCW, wherever published or re-published: https://www.CryptoCurrencyWire.com/Disclaimer

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Binance Sounds Alarm Regarding Possible Delisting of Stablecoins as EU Implements MiCA Law

September 27, 2023 09:35:00

Binance has expressed its apprehension regarding the possible removal of stablecoins from the European market due to the impending enactment of the EU’s MiCA rules. Marina Parthuisot, who serves as Binance France’s head of legal affairs, commented during an online public hearing organized by the European Banking Authority (EBA) that there is a potential scenario of stablecoin delisting in Europe by June 2024 due to the absence of any approved projects.

In response, Elizabeth Noble, team leader at MiCA, stated that stablecoins did not have a transitional arrangement and that their rules would take effect by the end of June next year. Consultations are currently taking place between the European Securities and Markets Authority (ESMA) and the EBA to…

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About CryptoCurrencyWire

CryptoCurrencyWire (“CCW”) is a specialized communications platform with a focus on blockchain and the cryptocurrency sector. It is one of 60+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, CCW is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists and the general public. By cutting through the overload of information in today’s market, CCW brings its clients unparalleled recognition and brand awareness. CCW is where breaking news, insightful content and actionable information converge.

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CryptoNewsBreaks – Upstream Explores How NFTs Add Unique Benefits, Value to Traditional Rewards

September 25, 2023 13:04:19

Upstream, the revolutionary retail trading app for stocks and NFTs powered by Horizon Fintex and MERJ Exchange Limited, noted that Amex recently added digital collectibles to its program, offering member collectibles to commemorate events and experiences. Consequently, the latest Upstream blog discusses five unique benefits NFTs offer, including scarcity, community, gamify, quantify and metaverse participation. In addition, the blot outlined benefits of launching NFTs through Upstream, including no upfront costs or exclusive contracts; simplified, user-friendly process; keeping all NFTs under a brand umbrella; and keeping brand and fans protected on a regulated trading platform. “Upstream makes it simple for brands to enter this world with no blockchain knowledge needed,” the blog stated. “We offer the ability to create thousands, even millions of NFTs at no upfront cost to you. This means more value, gamification and revenue potential for your promotions. With NFTs, you can offer digital merchandise, rewards, exclusive content, memorialized history and unique experiences to expand your brand community.”

To view the full blog, visit https://ccw.fm/mFBCF

About Upstream

Upstream, a MERJ exchange market, is a fully regulated global stock exchange. Powered by Horizon Fintex’s proprietary matching-engine technology, the exchange enables investors to trade shares in dual-listed companies, NFTs, shares in IPOs, crowdfunded companies, U.S. and international equities, and celebrity ventures directly from the app. For more information about the company, visit www.Upstream.Exchange.

About CryptoCurrencyWire

CryptoCurrencyWire (“CCW”) is a specialized communications platform with a focus on blockchain and the cryptocurrency sector. It is one of 60+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, CCW is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists and the general public. By cutting through the overload of information in today’s market, CCW brings its clients unparalleled recognition and brand awareness. CCW is where breaking news, insightful content and actionable information converge.

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FTX Sues Bankman Fried’s Parents for Improperly Receiving Millions from the Exchange

September 25, 2023 08:05:00

FTX founder Sam Bankman-Fried’s parents are facing a lawsuit over allegations of receiving improper funds from the cryptocurrency exchange prior to its collapse. In a legal submission, administrators of the bankrupt company claim that the couple knowingly accepted millions of dollars in wrongfully transferred funds and turned a blind eye to misconduct within the company.

The lawsuit has been initiated on behalf of individuals owed money following the company’s downfall, which ultimately led to the arrest of Bankman-Fried last year. The former billionaire, once hailed as the “Crypto King,” is currently facing accusations from U.S. prosecutors for the unlawful transfer of…

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About CryptoCurrencyWire

CryptoCurrencyWire (“CCW”) is a specialized communications platform with a focus on blockchain and the cryptocurrency sector. It is one of 60+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, CCW is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists and the general public. By cutting through the overload of information in today’s market, CCW brings its clients unparalleled recognition and brand awareness. CCW is where breaking news, insightful content and actionable information converge.

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CryptoNewsBreaks – Nate’s Food Co. (NHMD) Announces Reverse Merger, Change of Control to Drive Global Expansion

September 22, 2023 11:20:04

Nate’s Food Co. (OTC: NHMD) today announced the successful execution of an agreement to acquire JP Energy Group, a Food Jobber company. According to the update, the transaction, marked as an accounting reverse merger, represents a strategic leap into a new era of growth, innovation, global expansion, and a change of control for Nate’s Food Co. The company indicated that the merger signifies a pivotal shift in the company’s leadership and management, aligning its vision with the exploration of untapped markets and the pursuit of operational excellence. In line with its commitment to a seamless transition and mutual benefit, Marc Kassoff, director and CFO of Nate’s Food Co., has stepped down from his positions as part of this transaction. Nate Steck will continue to serve on the board during this transitional phase, ensuring continuity during the transition phase.

To view the full press release, visit https://ccw.fm/wseBF

About Nate’s Food Co.

Nate’s is a dynamic food manufacturer and distributor committed to delivering top-quality products to customers globally. With a legacy of innovation and a focus on excellence, the company continues to shape the future of the food industry.

About CryptoCurrencyWire

CryptoCurrencyWire (“CCW”) is a specialized communications platform with a focus on blockchain and the cryptocurrency sector. It is one of 60+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, CCW is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists and the general public. By cutting through the overload of information in today’s market, CCW brings its clients unparalleled recognition and brand awareness. CCW is where breaking news, insightful content and actionable information converge.

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Blockchain Analysts Suspect Hackers Linked to $70M Crypto Heist

September 22, 2023 09:35:00

Blockchain experts suggest that hackers linked to North Korea are the likely culprits behind a substantial $70 million theft from the cryptocurrency exchange known as CoinEx. CoinEx, a platform headquartered in Hong Kong, revealed through the social media platform X (formerly Twitter) that the wallets designated for safeguarding the exchange’s digital assets had fallen victim to a cyberintrusion. It disclosed that its estimated losses amounted to $70 million, a figure it considered a minor fraction of its total holdings.

Elliptic, a blockchain research organization, conducted an analysis pointing toward the Lazarus Group, a hacking collective associated with North Korea, as the probable perpetrators of this…

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About CryptoCurrencyWire

CryptoCurrencyWire (“CCW”) is a specialized communications platform with a focus on blockchain and the cryptocurrency sector. It is one of 60+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, CCW is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists and the general public. By cutting through the overload of information in today’s market, CCW brings its clients unparalleled recognition and brand awareness. CCW is where breaking news, insightful content and actionable information converge.

To receive SMS alerts from CryptoCurrencyWire, text “CRYPTO” to 77948 (U.S. Mobile Phones Only)

For more information, please visit https://www.CryptoCurrencyWire.com

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Japan Considers Regulation Permitting VCs to Use Digital Assets as Seed Capital

September 20, 2023 11:05:00

Japan is planning to provide new avenues for startups to secure fresh capital from venture capital entities using digital assets instead of conventional stock offerings to expand their funding options. According to a recent report by Nikkei, the Japanese government aims to table the proposal in parliament early next year.

With the change, limited partnerships would have access to a wider variety of assets. Venture capital firms usually employ limited partnerships to pool funds with other businesses for…

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About CryptoCurrencyWire

CryptoCurrencyWire (“CCW”) is a specialized communications platform with a focus on blockchain and the cryptocurrency sector. It is one of 60+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, CCW is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists and the general public. By cutting through the overload of information in today’s market, CCW brings its clients unparalleled recognition and brand awareness. CCW is where breaking news, insightful content and actionable information converge.

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CryptoNewsBreaks – Diamond Lake Minerals Inc. (DLMI) Names Seasoned Veteran as Strategic Advisor

September 18, 2023 12:16:16

Diamond Lake Minerals (OTC: DLMI), a leading multi-strategy operating company specializing in the development and support of digital assets and SEC-registered security tokens, announced that founder and managing partner of SkyBridge, Anthony Scaramucci, has joined the company as a strategic advisor. SkyBridge is a global alternative investment firm. In addition, Scaramucci is the founder and chairman of SALT, a globally renowned thought leadership forum and venture studio; he also cofounded investment partnership Oscar Capital Management, which was ultimately acquired by Neuberger Berman in 2001. Scaramucci has an impressive resume and has gained unparalleled expertise in finance, technology and business strategy throughout his career. He was named as the #47 Influencer in Crypto and Blockchain by Cointelegraph in 2022; he was also ranked #85 in Worth Magazine’s Power 100: The 100 Most Powerful People in Global Finance in 2016, and he received Ernst & Young’s New York Financial Services Entrepreneur of the Year Award in 2011.

“I cannot begin to explain how important and incredible it is to have Mr. Anthony Scaramucci join our Diamond Lake Minerals advisory board,” said Diamond Lake Minerals CEO Brian J. Esposito in the press release. “Not only is Anthony a dear friend, he is someone I highly admire and respect. He is one of the hardest working professionals I have ever met, yet also one of the kindest and most accessible as well. Having someone as esteemed, credible and seasoned in business, finance and technology as Anthony supporting our vision speaks volumes for the direction we are taking this wonderful entity, and together we will correctly pave the way for future companies to follow.”

To view the full press release, visit https://ccw.fm/3pCfL

About Diamond Lake Minerals Inc.

Founded in Utah in 1954, Diamond Lake Minerals is a multi-strategy operating company that specializes in the development and support of digital assets and SEC-registered security tokens. The company’s goal is to responsibly innovate and develop valuable traditional businesses and successfully combine them with the future of money, digital assets. DLMI’s mission is to bring back to the public markets timeless business principles that are focused on healthy sustainable growth and strong earnings that generate yields combined in a modern digital world creating value for our stakeholders. DLMI is positioning itself as an industry agnostic leader in the digital asset and security token space. For more information, visit the company’s website at www.DiamondLakeMinerals.com.

About CryptoCurrencyWire

CryptoCurrencyWire (“CCW”) is a specialized communications platform with a focus on blockchain and the cryptocurrency sector. It is one of 60+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, CCW is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists and the general public. By cutting through the overload of information in today’s market, CCW brings its clients unparalleled recognition and brand awareness. CCW is where breaking news, insightful content and actionable information converge.

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CryptoNewsBreaks – Upstream Experts Explore Ways for Brands to Expand Reach, Foster NFT community growth

September 18, 2023 10:22:06

Upstream, the revolutionary retail trading app for stocks and NFTs powered by Horizon Fintex and MERJ Exchange Limited, and key team members released the latest in its new Twitter Spaces series. The series, titled “Upstream Up Close,” features 10- to 15-minute conversations about NFTs, blockchain and trading on Upstream. The most recent release was the seventh episode, and the segment focused on how brands can grow their communities by tapping into NFT markets. Upstream officials participating in the release included Vanessa, Upstream head of marketing; Amanda, client success manager; and Anastasia and Fernanda, digital marketing specialists. Specifically, the group discussed reaching untapped audiences through Discord, Twitter, Reddit and Telegram. “Our conversation revolved around the potential of NFTs to reach untapped markets and audiences,” said the announcement regarding the release. “The uniqueness of NFTs lies in their ability to transcend boundaries and captivate diverse demographics, including art enthusiasts, gamers and collectors. Brands embracing NFTs open doors to entirely new audiences they may not have engaged with previously.”

To hear the full segment, visit https://ccw.fm/yQGJT

To view the full blog, visit https://ccw.fm/LjzWx

About Upstream

Upstream, a MERJ Exchange Market, is a fully regulated global stock exchange. Powered by Horizon Fintex’s proprietary matching-engine technology, the exchange enables investors to trade shares in dual-listed companies, NFTs, shares in IPOs, crowdfunded companies, U.S. and international equities, and celebrity ventures directly from the app. For more information about the company, visit www.Upstream.Exchange.

About CryptoCurrencyWire

CryptoCurrencyWire (“CCW”) is a specialized communications platform with a focus on blockchain and the cryptocurrency sector. It is one of 60+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, CCW is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists and the general public. By cutting through the overload of information in today’s market, CCW brings its clients unparalleled recognition and brand awareness. CCW is where breaking news, insightful content and actionable information converge.

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EU Lawmakers Pass New Crypto Reporting Law with Overwhelming Support

September 18, 2023 10:20:00

European Parliament legislators overwhelmingly voted last week in favor of the eighth version of the Administrative Cooperation Directive (DAC8), which addresses the reporting of taxes on cryptocurrencies in Strasbourg, France. The directive garnered a resounding show of support, with 535 members casting their votes in favor and a mere 57 opposing it, while 60 members opted to abstain from voting.

DAC8 seeks to equip tax authorities with the necessary tools to monitor and evaluate all cryptocurrency transactions carried out by entities or individuals residing within the…

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About CryptoCurrencyWire

CryptoCurrencyWire (“CCW”) is a specialized communications platform with a focus on blockchain and the cryptocurrency sector. It is one of 60+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, CCW is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists and the general public. By cutting through the overload of information in today’s market, CCW brings its clients unparalleled recognition and brand awareness. CCW is where breaking news, insightful content and actionable information converge.

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Blockchain Association Heeds Legislators’ Call for Input on Cryptocurrency Tax Guidelines

September 13, 2023 10:20:00

The Blockchain Association, a crypto advocacy organization based in the United States, has put forth recommendations for lawmakers to contemplate regarding potential legislation concerning the taxation of digital assets. In a letter dated Sept. 8, 2023, and addressed to U.S. Senators Mike Crapo and Ron Wyden, the Blockchain Association voiced its support for the Keep Innovation in America Act, a bill aimed at altering the reporting obligations imposed on specific individuals engaged in cryptocurrency transactions.

According to the association, any legislative proposals introduced in the halls of Congress should establish a balance in the tax treatment of cryptocurrency and traditional assets. Furthermore, it should elucidate the prerequisites for disclosing income generated through activities such as staking and…

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About CryptoCurrencyWire

CryptoCurrencyWire (“CCW”) is a specialized communications platform with a focus on blockchain and the cryptocurrency sector. It is one of 60+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, CCW is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists and the general public. By cutting through the overload of information in today’s market, CCW brings its clients unparalleled recognition and brand awareness. CCW is where breaking news, insightful content and actionable information converge.

To receive SMS alerts from CryptoCurrencyWire, text “CRYPTO” to 77948 (U.S. Mobile Phones Only)

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Corporations Holding Cryptos to Benefit from Switch to US Accounting Regulations

September 11, 2023 09:35:00

Media reports have confirmed the unanimous approval of regulations governing the assessment of the fair value of cryptocurrency holdings by companies, as declared by the U.S. Financial Accounting Standards Board (FASB). The FASB serves as the regulatory body responsible for establishing and dictating accounting and reporting standards adhered to by entities following the principles of U.S. Generally Accepted Accounting Principles (GAAP). In the month of March, the FASB initiated a request for input regarding suggested modifications to the FASB Accounting Standards Codification.

Following a thorough discussion, the proposed amendments were subjected to a formal vote on Sept. 6, 2023, thus paving the way for their…

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About CryptoCurrencyWire

CryptoCurrencyWire (“CCW”) is a specialized communications platform with a focus on blockchain and the cryptocurrency sector. It is one of 60+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, CCW is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists and the general public. By cutting through the overload of information in today’s market, CCW brings its clients unparalleled recognition and brand awareness. CCW is where breaking news, insightful content and actionable information converge.

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CryptoNewsBreaks – Upstream Blog Defines Spinoff Share Distributions, Walks Shareholders Through Participation Process

September 11, 2023 09:09:54

Upstream, a MERJ Exchange market, a globally accessible trading app for securities and NFTs. Powered by blockchain technology, has announced a spinoff share distribution, and a recent Upstream blog discusses how investors can leverage that to their advantage. The blog noted that Upstream features the future of transparent, instant, peer-to -peer trading and is actively accepting dual listing applications from issuers around the world looking for access to a global, digital-first investor base that can trade Upstream securities with credit/debit card, PayPal, and USD along with USDC digital currency. The recent blog explains that a spinoff is when a parent company creates a new company then distributes shares in that subsidiary or business division to current shareholders.

Shareholders wanting to participate in the spinoff can download Upstream from either the Google or Apple app store, then sign up. They must complete KYC identity verification before the established distribution date, then after they have received brokerage statements confirming their shareholding by the record date, they can request their share distribution and verify their shareholding. That request can be made on the Upstream app. “Once the parent company has completed their regulatory approvals in their primary market or jurisdiction, the parent company will set a record date where all parent company shareholders as of that set record date (i.e., shares purchased and held two days or more prior to the record date) will be entitled to receive an equal proportion of shares in the spinoff company,” states the blog. “Upstream is thrilled to support spinoff share distributions for our forward-thinking issuers.”

To view the full blog, visit https://ccw.fm/B6eKw

About Upstream

Upstream, a MERJ Exchange Market, is a fully regulated global stock exchange. Powered by Horizon Fintex’s proprietary matching-engine technology, the exchange enables investors to trade shares in dual-listed companies, NFTs, shares in IPOs, crowdfunded companies, U.S. and international equities, and celebrity ventures directly from the app. For more information about the company, visit www.Upstream.Exchange.

About CryptoCurrencyWire

CryptoCurrencyWire (“CCW”) is a specialized communications platform with a focus on blockchain and the cryptocurrency sector. It is one of 60+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, CCW is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists and the general public. By cutting through the overload of information in today’s market, CCW brings its clients unparalleled recognition and brand awareness. CCW is where breaking news, insightful content and actionable information converge.

To receive SMS alerts from CryptoCurrencyWire, text “CRYPTO” to 77948 (U.S. Mobile Phones Only)

For more information, please visit https://www.CryptoCurrencyWire.com

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CryptoNewsBreaks — Breaking Conventions: BREATHE! Convention Unites Tech, Education, and Community at UNLV

September 8, 2023 08:58:02

BREATHE! Convention, a prominent event in the tech world, is making waves with its groundbreaking educational initiative. This initiative aims to bring together students, educators, and industry professionals, including those from the University of Nevada, Las Vegas (“UNLV”), to delve into emerging technologies and trends.

Breaking away from the traditional convention mold, BREATHE! Convention focuses on education, experience, and entertainment. The show floor features various stages and tracks, covering vital topics such as the Web3 Marketplace, Fashion & Art, Sports & Entertainment, and Crypto Education. It emphasizes the importance of Web3 adoption and encourages learning, networking, and forging lasting career opportunities and business relationships.

BREATHE! Convention extends its reach to students in the Las Vegas area, offering educational seminars on AI, Blockchain, Web3, and career-building opportunities. Benjamin Morse, an educator from UNLV, is actively involved in sharing his expertise in the emerging tech landscape, highlighting the event’s incredible value for students.

The event’s community-driven ethos is evident in its growing list of media collaborators and participants. Diverse organizations are joining this transformative journey, enriching the convention and expanding its global impact.

BREATHE! Convention is pushing the boundaries of conventional tech events, offering a unique platform for education, collaboration, and connection. To explore the transformative experiences, inspiring speakers, and innovative features it offers, visit https://ccw.fm/tvyq4

About CryptoCurrencyWire

CryptoCurrencyWire (“CCW”) is a specialized communications platform with a focus on blockchain and the cryptocurrency sector. It is one of 60+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, CCW is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists and the general public. By cutting through the overload of information in today’s market, CCW brings its clients unparalleled recognition and brand awareness. CCW is where breaking news, insightful content and actionable information converge.

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LSEG Considering Blockchain for Setting Up Digital Ecosystem

September 7, 2023 10:35:00

The London Stock Exchange Group (LSEG) is currently exploring the utilization of blockchain technology to establish a comprehensive digital marketplace ecosystem aimed at facilitating the raising and transfer of capital across a diverse range of asset categories. Murray Roos, head of capital markets at LSEG, shared with the Financial Times that the exchange has dedicated approximately a year to investigating the potential of establishing a blockchain-powered trading platform.

Roos emphasized that LSEG’s focus lies not in constructing anything related to cryptocurrency assets but rather in harnessing blockchain technology to enhance the efficiency associated with the procurement, sale and custody of traditional assets. He further emphasized that LSEG exercised patience, ensuring that…

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CryptoCurrencyWire (“CCW”) is a specialized communications platform with a focus on blockchain and the cryptocurrency sector. It is one of 60+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, CCW is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists and the general public. By cutting through the overload of information in today’s market, CCW brings its clients unparalleled recognition and brand awareness. CCW is where breaking news, insightful content and actionable information converge.

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Cryptos Climb as Court Paves Way for Bitcoin ETF

September 5, 2023 11:05:00

Last week witnessed an upsurge in the valuation of cryptocurrency assets, catalyzed by a significant legal development within the United States. This event unfolded as a U.S. court paved the way for the introduction of the country’s inaugural exchange-traded fund (ETF) focused on Bitcoin.

This court verdict stands as a pivotal occasion for enthusiasts of cryptocurrencies and poses a setback for the Securities and Exchange Commission (SEC), which has been diligently working toward the effective…

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CryptoCurrencyWire (“CCW”) is a specialized communications platform with a focus on blockchain and the cryptocurrency sector. It is one of 60+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, CCW is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists and the general public. By cutting through the overload of information in today’s market, CCW brings its clients unparalleled recognition and brand awareness. CCW is where breaking news, insightful content and actionable information converge.

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CryptoNewsBreaks – Upstream Blog Points Out Benefits of Adding NFTs to More Traditional Customer/Fan Rewards Programs

September 5, 2023 09:14:51

Upstream, the revolutionary retail trading app for stocks and NFTs powered by Horizon Fintex and MERJ Exchange Limited, recently discussed how digital collectibles can drive engagement and foot traffic, while also leading to increased sales. The Upstream blog pointed out that in a rapidly evolving digital landscape, the process of rewarding customer loyalty has the potential to undergo a remarkable evolution, thanks to the emergence of non-fungible tokens (“NFTs”), which allow brands to redefine the way they engage with their audience. The blog outlined several key benefits of adding digital collectibles to fan or customer engagement strategies. Those benefits include generating digital brand ambassadors, driving traffic digitally to drive traffic physically and generating more conversions with time-sensitive rewards. “NFTs were often associated with the world of art and collectibles, but their influence has transcended boundaries, reshaping the very notion of incentives and rewards,” stated the Upstream blog. “In an era defined by immersive digital experiences, brands stand at the cusp of a transformative journey — one that involves harnessing the unique capabilities of NFTs to elevate engagement, loyalty, and brand resonance to unprecedented heights. . . . Imagine harnessing this digital momentum to not only drive online interactions but also translate them into tangible footfall at your physical locations. This innovative strategy involves leveraging the power of Upstream’s geofenced NFTs — a unique intersection of cutting-edge technology and customer rewards. Geofenced NFTs on Upstream enable you to create location-specific digital incentives that are triggered when customers enter defined geographic areas. This means that as customers step into a particular store or area, they have access to exclusive NFT rewards that are directly tied to that location. These rewards can range from limited-time offers and discounts to virtual collectibles that commemorate their visit.”

To view the full blog, visit https://ccw.fm/lOOSL

About Upstream

Upstream, a MERJ Exchange Market, is a fully regulated global stock exchange. Powered by Horizon Fintex’s proprietary matching-engine technology, the exchange enables investors to trade shares in dual-listed companies, NFTs, shares in IPOs, crowdfunded companies, U.S. and international equities, and celebrity ventures directly from the app. For more information about the company, visit www.Upstream.Exchange.

About CryptoCurrencyWire

CryptoCurrencyWire (“CCW”) is a specialized communications platform with a focus on blockchain and the cryptocurrency sector. It is one of 60+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, CCW is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists and the general public. By cutting through the overload of information in today’s market, CCW brings its clients unparalleled recognition and brand awareness. CCW is where breaking news, insightful content and actionable information converge.

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The U.S. Treasury Announces New Cryptocurrency Tax-Reporting Requirements

September 1, 2023 10:20:00

proposal set forth by the U.S. Treasury Department introduces a fresh regulation aimed at compelling crypto brokers to disclose information regarding users’ digital asset exchanges and sales. The rule constitutes a component of efforts led by regulatory entities and Congress, all geared toward tightening the reins on cryptocurrency users who might potentially elude tax obligations.

In line with this, a newly devised tax reporting document referred to as the 1099-DA Form has been conceived, with the primary objective of assisting taxpayers in ascertaining their tax accountabilities. The origin of these requirements can be traced back to the 2021 Jobs Act, an extensive…

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CryptoCurrencyWire (“CCW”) is a specialized communications platform with a focus on blockchain and the cryptocurrency sector. It is one of 60+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, CCW is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists and the general public. By cutting through the overload of information in today’s market, CCW brings its clients unparalleled recognition and brand awareness. CCW is where breaking news, insightful content and actionable information converge.

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BREATHE! Convention 2023 – Connecting Ever-Expanding Possibilities

August 31, 2023 08:50:00

BREATHE!, a historic new tech event that focuses on the emerging technologies that continue to revolutionize the way businesses and communication are conducted worldwide, is proud to announce this year’s BREATHE! Convention. The event, scheduled for September 13-15, 2023, at The Expo @ World Market Center Las Vegas, provides a platform for exhibiting, networking, and speaking opportunities, for individuals and organizations within the emerging tech ecosystem.

The event targets a diverse group of attendees, ranging from developers to investors, enthusiasts, and researchers, to discuss the latest developments and trends in emerging technologies while also exploring numerous collaborative and community-driven efforts. More than 5,000 attendees are anticipated to…

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To learn more, please visit https://ccw.fm/Eyczn

About CryptoCurrencyWire

CryptoCurrencyWire (“CCW”) is a financial news and content distribution company that provides (1) access to a network of wire services via InvestorWire to reach all target markets, industries and demographics in the most effective manner possible, (2) article and editorial syndication to 5,000+ news outlets, (3) enhanced press release services to ensure maximum impact, (4) social media distribution via IBN (InvestorBrandNetwork) to nearly 2 million followers, and (5) a full array of corporate communications solutions As a multifaceted organization with an extensive team of contributing journalists and writers, CCW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. By cutting through the overload of information in today’s market, CCW brings its clients unparalleled visibility, recognition and brand awareness. CCW is where news, content and information about crypto converge.

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MasterCard to Pull Plug on Crypto Card Program with Binance

August 30, 2023 09:35:00

MasterCard and Binance are discontinuing their joint crypto-card initiatives in Bahrain, Argentina, Colombia and Brazil starting on Sept. 22, 2023. The Binance cards enabled users to make payments using conventional currencies, facilitated by their crypto reserves within the Binance exchange.

While no explicit reason was provided for terminating the crypto-card partnership, it is widely speculated that Binance’s recent clashes with the U.S. SEC and the Commodity Futures Trading Commission were contributing factors. Earlier this year, both regulatory bodies filed lawsuits against…

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About CryptoCurrencyWire

CryptoCurrencyWire (“CCW”) is a financial news and content distribution company that provides (1) access to a network of wire services via InvestorWire to reach all target markets, industries and demographics in the most effective manner possible, (2) article and editorial syndication to 5,000+ news outlets, (3) enhanced press release services to ensure maximum impact, (4) social media distribution via IBN (InvestorBrandNetwork) to nearly 2 million followers, and (5) a full array of corporate communications solutions As a multifaceted organization with an extensive team of contributing journalists and writers, CCW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. By cutting through the overload of information in today’s market, CCW brings its clients unparalleled visibility, recognition and brand awareness. CCW is where news, content and information about crypto converge.

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Lawyer Says Jailed Sam Bankman-Fried Is Surviving on Water, Bread

August 28, 2023 09:35:00

Sam Bankman-Fried’s attorney claims that Bankman-Fried is finding it difficult to prepare for his upcoming fraud trial because he is not getting enough meals in prison. This assertion was made concurrently with Bankman-Fried’s not-guilty plea to seven felonies included in a fresh indictment.

Bankman-Fried’s bail was canceled a fortnight ago, with the judge stating that there was reasonable suspicion that he had made at least two attempts to tamper with witnesses. According to Mark Cohen, the former billionaire’s attorney, his client’s capacity to prep for his October trial is being hampered by…

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About CryptoCurrencyWire

CryptoCurrencyWire (“CCW”) is a financial news and content distribution company that provides (1) access to a network of wire services via InvestorWire to reach all target markets, industries and demographics in the most effective manner possible, (2) article and editorial syndication to 5,000+ news outlets, (3) enhanced press release services to ensure maximum impact, (4) social media distribution via IBN (InvestorBrandNetwork) to nearly 2 million followers, and (5) a full array of corporate communications solutions As a multifaceted organization with an extensive team of contributing journalists and writers, CCW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. By cutting through the overload of information in today’s market, CCW brings its clients unparalleled visibility, recognition and brand awareness. CCW is where news, content and information about crypto converge.

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CryptoNewsBreaks – UBET Sports On-Chain Sportsbook Announces Launch on Polygon

August 28, 2023 08:47:20

UBET Sports, a decentralized sportsbook, has launched its decentralized crypto sports-betting platform on the Polygon network. According to the announcement, “a patient web3, football and esports betting community can now enjoy the benefits of UBET’s most on-chain sports betting platform.” The company states that with its exclusive platform, every odd is boosted to the max, with bettors ensured of noncustodial service while players retain ownership of their own funds instead of relying on a sportsbook to hold their cash. Using its proprietary technology to set the odds from blockchain, UBET works in the decentralized sports betting space, solving existing problems such as the inability to quickly adjust to market odd fluctuations in unanticipated pregame and in-game events, as well as the inability to initialize liquidity for each market because sports betting markets require near-instant settlement. The company is focused on providing more opportunities for bettors and liquidity providers by offering a decentralized betting platform that delivers a simple user interface, improved deposit and withdrawal transactions, and a transparent and easy onboarding system. “There is an urgent need to improve a market that is currently marred by monopolized bookmakers who wield so much power against the bettor,” said UBET Sports cofounder and CEO. 

To view the full press release, visit https://ccw.fm/Jl79E

About UBET Sports

UBET Sports is a decentralized crypto sportsbook. The market eliminates the house and risk aversion that exists within existing sports prediction market products. UBET’s unique system and architecture will allow all sports fans to trade their predictions, when they want, at market-implied odds without friction. For more information about the company, visit www.UBetSports.io.

About CryptoCurrencyWire (“CCW”)

CryptoCurrencyWire (CCW) is a financial news and content distribution company that provides (1) access to a network of wire services via InvestorWire to reach all target markets, industries and demographics in the most effective manner possible, (2) article and editorial syndication to 5,000+ news outlets (3), enhanced press release services to ensure maximum impact, (4) social media distribution via the Investor Brand Network (IBN) to nearly 2 million followers, (5) a full array of corporate communications solutions, and (6) a total news coverage solution with CCW Prime. As a multifaceted organization with an extensive team of contributing journalists and writers, CCW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. By cutting through the overload of information in today’s market, CCW brings its clients unparalleled visibility, recognition and brand awareness.

To receive instant SMS alerts, text CRYPTO to 77948 (U.S. Mobile Phones Only)

CryptoCurrency News Wire is where News, content and information converge via Crypto.

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JPMorgan Report Shows Crypto Miners Are Diversifying Business Interests

August 25, 2023 09:35:00

Bitcoin mining companies are branching into fresh business domains, diversifying into high-performance computing services for the rapidly expanding artificial intelligence sector. The objective behind this shift is to decrease their dependence on the cryptocurrency market, according to a recent research report by JPMorgan.

The analysis underscores that miners have been partially funding these novel endeavors by liquidating their digital coins over the…

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About CryptoCurrencyWire

CryptoCurrencyWire (“CCW”) is a financial news and content distribution company that provides (1) access to a network of wire services via InvestorWire to reach all target markets, industries and demographics in the most effective manner possible, (2) article and editorial syndication to 5,000+ news outlets, (3) enhanced press release services to ensure maximum impact, (4) social media distribution via IBN (InvestorBrandNetwork) to nearly 2 million followers, and (5) a full array of corporate communications solutions As a multifaceted organization with an extensive team of contributing journalists and writers, CCW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. By cutting through the overload of information in today’s market, CCW brings its clients unparalleled visibility, recognition and brand awareness. CCW is where news, content and information about crypto converge.

To receive instant SMS alerts from CryptoCurrencyWire, text “CRYPTO” to 844-397-5787 (U.S. Mobile Phones Only)

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CryptoNewsBreaks — Bitop Exchange Positioning as Primary Hub for Crypto, Commodities, Binary and Stocks Trading

August 24, 2023 13:02:38

Bitop Exchange, the leading digital financial service platform providing a secure, comfortable and equitable digital asset investment environment for users worldwide, today announced its emergence as the ideal solution for all investment needs, catering to both retail and institutional clients. The platform is positioning itself as a primary hub for crypto, commodities, binary and stocks trading. Bitop Exchange provides access to a variety investment products including cryptocurrencies, futures, U.S. stocks, and binary options. The innovative Bitop platform incorporates a series of of robust security measures, features an extensive range of trading options, provides a unique copy trading function, and supports wallet deposits via various blockchain networks such as ERC20, BEP20 and TRC20. Payment options also include Banxa-facilitated credit card transactions through VISA and Mastercard. With as little as $15 worth of their desired cryptocurrency, Bitop users are able to access greater trading flexibility. Withdrawals vary depending on the cryptocurrency and network used. For example, the minimum withdrawal can be as low as $10 worth of USDT via the TRC20 blockchain, making it accessible to traders who prefer smaller transactions. The announcement details how to sign up with Bitop and join its community to begin a trading journey with access to various markets and attractive platform features.

To view the full press release, visit https://ccw.fm/9hDI2

About Bitop Exchange

Bitop Exchange is the leading digital financial service platform providing a secure, comfortable and equitable digital asset investment environment for users worldwide. Bitop Exchange offers access to numerous investment products including cryptocurrencies, futures, U.S. stocks, and binary options. The Bitop core team comprises experts from the traditional financial securities industry and the top internet companies such as Microsoft. Bitop has acquired over 100,000 global users in more than 80 countries and regions since 2018, mainly from North America, Europe and the Asia-Pacific region. To learn more about Bitop, visit www.Bitop.com.

About CryptoCurrencyWire (“CCW”)

CryptoCurrencyWire (CCW) is a financial news and content distribution company that provides (1) access to a network of wire services via InvestorWire to reach all target markets, industries and demographics in the most effective manner possible, (2) article and editorial syndication to 5,000+ news outlets (3), enhanced press release services to ensure maximum impact, (4) social media distribution via the Investor Brand Network (IBN) to nearly 2 million followers, (5) a full array of corporate communications solutions, and (6) a total news coverage solution with CCW Prime. As a multifaceted organization with an extensive team of contributing journalists and writers, CCW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. By cutting through the overload of information in today’s market, CCW brings its clients unparalleled visibility, recognition and brand awareness.

To receive instant SMS alerts, text CRYPTO to 77948 (U.S. Mobile Phones Only)

CryptoCurrency News Wire is where News, content and information converge via Crypto.

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Five Possible Reasons for the Recent Flash Drop in Bitcoin’s Price

August 23, 2023 09:35:00

On Aug. 18, 2023, at approximately 9:35 p.m. UTC, the value of Bitcoin experienced an abrupt drop of more than 8% within a mere 10-minute timeframe. This unexpected plunge had a domino effect on the broader cryptocurrency market, leaving those within the crypto community puzzled and perplexed.

While the precise catalyst behind this sudden market turbulence remains elusive, a variety of…

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About CryptoCurrencyWire

CryptoCurrencyWire (“CCW”) is a financial news and content distribution company that provides (1) access to a network of wire services via InvestorWire to reach all target markets, industries and demographics in the most effective manner possible, (2) article and editorial syndication to 5,000+ news outlets, (3) enhanced press release services to ensure maximum impact, (4) social media distribution via IBN (InvestorBrandNetwork) to nearly 2 million followers, and (5) a full array of corporate communications solutions As a multifaceted organization with an extensive team of contributing journalists and writers, CCW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. By cutting through the overload of information in today’s market, CCW brings its clients unparalleled visibility, recognition and brand awareness. CCW is where news, content and information about crypto converge.

To receive instant SMS alerts from CryptoCurrencyWire, text “CRYPTO” to 844-397-5787 (U.S. Mobile Phones Only)

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The SEC vs. Binance Battle Poised to Shape Crypto’s Future

August 21, 2023 11:05:00

Binance, a major player in the world of cryptocurrencies, is currently entangled in a significant legal battle against the Securities and Exchange Commission (SEC), which could have far-reaching implications for the entire crypto industry. The founder and CEO of Binance, Changpeng Zhao, also known as CZ, is at the forefront of this legal clash with the regulatory agency.

The SEC has filed multiple charges against Binance, alleging that it misled investors and operated an unregistered and illegal cryptocurrency exchange. The charges are part of a broader crackdown on the crypto sector that gained momentum following the collapse of FTX, another…

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About CryptoCurrencyWire

CryptoCurrencyWire (“CCW”) is a financial news and content distribution company that provides (1) access to a network of wire services via InvestorWire to reach all target markets, industries and demographics in the most effective manner possible, (2) article and editorial syndication to 5,000+ news outlets, (3) enhanced press release services to ensure maximum impact, (4) social media distribution via IBN (InvestorBrandNetwork) to nearly 2 million followers, and (5) a full array of corporate communications solutions As a multifaceted organization with an extensive team of contributing journalists and writers, CCW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. By cutting through the overload of information in today’s market, CCW brings its clients unparalleled visibility, recognition and brand awareness. CCW is where news, content and information about crypto converge.

To receive instant SMS alerts from CryptoCurrencyWire, text “CRYPTO” to 844-397-5787 (U.S. Mobile Phones Only)

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UN Report Says Crypto Platforms Are Attractive Targets for North Korean Hackers

August 18, 2023 09:35:00

Independent monitors focused on sanctions have disclosed that cyber operatives affiliated with North Korea have persisted in targeting entities within the cryptocurrency sector. The information gleaned from their investigation is set to be incorporated into an upcoming United Nations report, shedding light on Pyongyang’s relentless advancement of its nuclear and arms initiatives.

The freshly compiled report, tailored for scrutiny by a U.N. Security Council panel, underscores that North Korea remained steadfast in its efforts to manufacture nuclear fissile material and forge ahead with its arsenal of nuclear weaponry during the year 2023. The authors of the report, who routinely furnish their…

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About CryptoCurrencyWire

CryptoCurrencyWire (“CCW”) is a financial news and content distribution company that provides (1) access to a network of wire services via InvestorWire to reach all target markets, industries and demographics in the most effective manner possible, (2) article and editorial syndication to 5,000+ news outlets, (3) enhanced press release services to ensure maximum impact, (4) social media distribution via IBN (InvestorBrandNetwork) to nearly 2 million followers, and (5) a full array of corporate communications solutions As a multifaceted organization with an extensive team of contributing journalists and writers, CCW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. By cutting through the overload of information in today’s market, CCW brings its clients unparalleled visibility, recognition and brand awareness. CCW is where news, content and information about crypto converge.

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Emerging Tech Set to Hit Warp Speed at Las Vegas with the BREATHE! Convention, Presented by 5AM Global

August 17, 2023 08:50:00

The emerging tech universe has grown from an NFT-focused evolution of the Internet to an interconnected but decentralized system built on blockchain-based supply chain management and community-based ownership protocols, and this year’s BREATHE! Convention at The Expo @ World Market Center Las Vegas is the place to go exploring.

Developers, collectors, investors and educators, will all gather at this convention to network and revolutionize tech-centric industries September 13 through 15, at one of the…

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For more information about this event, please visit https://ccw.fm/boDBg.

About CryptoCurrencyWire

CryptoCurrencyWire (“CCW”) is a financial news and content distribution company that provides (1) access to a network of wire services via InvestorWire to reach all target markets, industries and demographics in the most effective manner possible, (2) article and editorial syndication to 5,000+ news outlets, (3) enhanced press release services to ensure maximum impact, (4) social media distribution via IBN (InvestorBrandNetwork) to nearly 2 million followers, and (5) a full array of corporate communications solutions As a multifaceted organization with an extensive team of contributing journalists and writers, CCW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. By cutting through the overload of information in today’s market, CCW brings its clients unparalleled visibility, recognition and brand awareness. CCW is where news, content and information about crypto converge.

To receive instant SMS alerts from CryptoCurrencyWire, text “CRYPTO” to 844-397-5787 (U.S. Mobile Phones Only)

For more information, please visit https://www.cryptocurrencywire.com

Please see full terms of use and disclaimers on the CryptoCurrencyWire website applicable to all content provided by CCW, wherever published or re-published: https://CCW.fm/Disclaimer

CryptoCurrencyWire (CCW)
New York, New York
www.cryptocurrencywire.com
212.994.9818 Office
Editor@CryptoCurrencyWire.com

CryptoCurrencyWire is part of the InvestorBrandNetwork.

CryptoNewsBreaks – BREATHE! Convention to Connect Growing Web3, Blockchain and AI Landscape

August 16, 2023 15:05:53

BREATHE! Convention (“BREATHE!”), produced by 5AM Global, the world-renowned producer of experiences, live and digital, B2B events and B2C engagements, is set to take place Sept. 13-15 at The Expo @ World Market Center Las Vegas. The event is designed to connect the growing Web3, blockchain and AI landscape by fostering deep networking opportunities between enthusiastic beginners, members of niche communities and key business decision-makers across a variety of industries. In a historic first, BREATHE! is the only emerging tech convention approved by The Expo @ World Market Center Las Vegas to heavily focus on mass adoption for the future of work, finance, art, and more. The convention is especially well timed given the exponential growth trajectory in the sector and is designed to unlock revenue-generation capacities, transform business strategy, enable fresh use cases and drive rapid innovation among companies and brands. Visit https://ccw.fm/vXCsA to register for early access tickets to the BREATHE! Convention.

To view the full press release, visit https://ccw.fm/OTVOA

About 5AM Global

5AM Global is a strategic marketing and business management firm, committed to accelerating the exponential revenue generation of companies and brands. The team delivers innovative operational solutions and the most effective and impactful growth strategies and execution, including branding, PR and event production. The company is known as the “legend-maker,” because it creates a valuable and unique vehicle for clients to gain recognition as their industry’s top choice. 5AM Global’s dynamic team of passionate and talented professionals combines the most creative and modern approach with best practices for each client to reach extraordinary objectives. 5AM Global brings to its clients relevant, recognized and undeniable values that are complete and synchronized within departments. The company’s team consists of marketing executive leaders (with a combined 110 years of big-picture marketing, strategy development and execution) that have the highest degree of cultural and community competency: lifestyle/religious-based, generational, ethnic/origin-based, gender and language. For more information about the company, visit www.5AMGlobal.com.

About CryptoCurrencyWire (“CCW”)

CryptoCurrencyWire (CCW) is a financial news and content distribution company that provides (1) access to a network of wire services via InvestorWire to reach all target markets, industries and demographics in the most effective manner possible, (2) article and editorial syndication to 5,000+ news outlets (3), enhanced press release services to ensure maximum impact, (4) social media distribution via the Investor Brand Network (IBN) to nearly 2 million followers, (5) a full array of corporate communications solutions, and (6) a total news coverage solution with CCW Prime. As a multifaceted organization with an extensive team of contributing journalists and writers, CCW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. By cutting through the overload of information in today’s market, CCW brings its clients unparalleled visibility, recognition and brand awareness.

To receive instant SMS alerts, text CRYPTO to 77948 (U.S. Mobile Phones Only)

CryptoCurrency News Wire is where News, content and information converge via Crypto.

For more information, please visit https://www.cryptocurrencywire.com

Please see full terms of use and disclaimers on the CryptoCurrencyWire (CCW) website applicable to all content provided by CCW, wherever published or re-published: http://CCW.fm/Disclaimer

CryptoCurrencyWire (CCW)
New York, New York
www.cryptocurrencywire.com
212.994.9818 Office
Editor@CryptoCurrencyWire.com

CryptoCurrencyWire is part of the InvestorBrandNetwork.

Bankman-Fried Sent to Jail for Violating Bail Conditions

August 16, 2023 09:35:00

A U.S. magistrate has withdrawn Sam Bankman-Fried’s release on bail after discovering credible evidence that the indicted FTX crypto exchange founder interfered with witnesses on at least two occasions. Judge Lewis Kaplan of the U.S. District Court made the verdict during a hearing on Bankman-Fried’s bail conditions in the federal courthouse in Manhattan. The judge unequivocally denied a request from the defense to postpone Bankman-Fried’s detention in light of the bail revocation.

The ruling has the potential to introduce complexities to Bankman-Fried’s trial preparations. Bankman-Fried stands accused of embezzling substantial sums from FTX customers to offset losses within his…

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About CryptoCurrencyWire

CryptoCurrencyWire (“CCW”) is a financial news and content distribution company that provides (1) access to a network of wire services via InvestorWire to reach all target markets, industries and demographics in the most effective manner possible, (2) article and editorial syndication to 5,000+ news outlets, (3) enhanced press release services to ensure maximum impact, (4) social media distribution via IBN (InvestorBrandNetwork) to nearly 2 million followers, and (5) a full array of corporate communications solutions As a multifaceted organization with an extensive team of contributing journalists and writers, CCW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. By cutting through the overload of information in today’s market, CCW brings its clients unparalleled visibility, recognition and brand awareness. CCW is where news, content and information about crypto converge.

To receive instant SMS alerts from CryptoCurrencyWire, text “CRYPTO” to 844-397-5787 (U.S. Mobile Phones Only)

For more information, please visit https://www.cryptocurrencywire.com

Please see full terms of use and disclaimers on the CryptoCurrencyWire website applicable to all content provided by CCW, wherever published or re-published: https://CCW.fm/Disclaimer

CryptoCurrencyWire (CCW)
New York, New York
www.cryptocurrencywire.com
212.994.9818 Office
Editor@CryptoCurrencyWire.com

CryptoCurrencyWire is part of the InvestorBrandNetwork.

CryptoNewsBreaks – Axis Technologies Group Inc. (AXTG) CEO Eyes Opportunity in the Digitization Space in Shareholder Update

August 15, 2023 14:50:17

Axis Technologies (OTC: AXTG) today issued a letter to shareholders from its Chief Executive Officer Dr. William Tien. The communication served as an opportunity to provide a comprehensive overview of the company’s developments and to highlight remarkable strides it has made. “We have always positioned ourselves to be in the forefront of the continuously growing and evolving marketplace in digitization space,” Dr. Tien writes in the update. “We firmly believe that we will be successful as we continuously strive to identify those areas and opportunities to enhance the blockchain ecosystem and to further develop those tools and systems necessary for the digital assets marketplace to continue to evolve and flourish. I am very looking forward with what we have accomplished to date and am even more excited about what we will achieve together in the future.”

To view the full press release, visit https://ccw.fm/VYgy7

About Axis Technologies Group Inc.

Axis Technologies is a publicly traded holding company focused on the promotion, development, management and marketing of various aspects of businesses surrounding all aspects of digital assets tools. Through acquisitions, strategic investments and its current investment holdings, AXTG seeks to support, develop and take advantage of various blockchain and DeFi projects, opportunities and initiatives. For more information about the company, visit www.AXTG.us.

About CryptoCurrencyWire (“CCW”)

CryptoCurrencyWire (CCW) is a financial news and content distribution company that provides (1) access to a network of wire services via InvestorWire to reach all target markets, industries and demographics in the most effective manner possible, (2) article and editorial syndication to 5,000+ news outlets (3), enhanced press release services to ensure maximum impact, (4) social media distribution via the Investor Brand Network (IBN) to nearly 2 million followers, (5) a full array of corporate communications solutions, and (6) a total news coverage solution with CCW Prime. As a multifaceted organization with an extensive team of contributing journalists and writers, CCW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. By cutting through the overload of information in today’s market, CCW brings its clients unparalleled visibility, recognition and brand awareness.

To receive instant SMS alerts, text CRYPTO to 77948 (U.S. Mobile Phones Only)

CryptoCurrency News Wire is where News, content and information converge via Crypto.

For more information, please visit https://www.cryptocurrencywire.com

Please see full terms of use and disclaimers on the CryptoCurrencyWire (CCW) website applicable to all content provided by CCW, wherever published or re-published: http://CCW.fm/Disclaimer

CryptoCurrencyWire (CCW)
New York, New York
www.cryptocurrencywire.com
212.994.9818 Office
Editor@CryptoCurrencyWire.com

CryptoCurrencyWire is part of the InvestorBrandNetwork.

Feds Launch Supervision Program to Keep Eye on DLT, Fintech and Crypto

August 14, 2023 11:05:00

The U.S. crypto sector is set to experience increased regulatory scrutiny from the Federal Reserve, as an initiative known as the Novel Activities Supervision Program comes into play. This program has been designed with the primary aim of bolstering the monitoring of pioneering activities undertaken by financial institutions under the purview of the central bank.

According to an official statement released by the Fed Board (FRD), this novel initiative will center its focus on groundbreaking endeavors associated with distributed ledger technology, crypto assets, and technology-driven collaborations with nonfinancial entities aimed at providing financial services to…

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About CryptoCurrencyWire

CryptoCurrencyWire (“CCW”) is a financial news and content distribution company that provides (1) access to a network of wire services via InvestorWire to reach all target markets, industries and demographics in the most effective manner possible, (2) article and editorial syndication to 5,000+ news outlets, (3) enhanced press release services to ensure maximum impact, (4) social media distribution via IBN (InvestorBrandNetwork) to nearly 2 million followers, and (5) a full array of corporate communications solutions As a multifaceted organization with an extensive team of contributing journalists and writers, CCW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. By cutting through the overload of information in today’s market, CCW brings its clients unparalleled visibility, recognition and brand awareness. CCW is where news, content and information about crypto converge.

To receive instant SMS alerts from CryptoCurrencyWire, text “CRYPTO” to 844-397-5787 (U.S. Mobile Phones Only)

For more information, please visit https://www.cryptocurrencywire.com

Please see full terms of use and disclaimers on the CryptoCurrencyWire website applicable to all content provided by CCW, wherever published or re-published: https://CCW.fm/Disclaimer

CryptoCurrencyWire (CCW)
New York, New York
www.cryptocurrencywire.com
212.994.9818 Office
Editor@CryptoCurrencyWire.com

CryptoCurrencyWire is part of the InvestorBrandNetwork.

CryptoNewsBreaks – Blockchain Futurist Conference Announces IBN Brand as Official Event Newswire

August 11, 2023 13:57:56

Blockchain Futurist Conference, sponsored by Untraceable, has chosen CryptoCurrenceyWire, one of IBN’s (“InvestorBrandNetwork”) 60-plus brands, to serve as official newswire for the event. The announcement also noted that IBN will continue to serve as an official media partner for the event, providing extended reach through its Web3MediaWire platform. The Futurist conference is slated for Aug. 15–16, 2023, in Toronto, Ontario. The Blockchain Futurist Conference is the flagship event for Canada’s blockchain and cryptocurrency space. The event agenda features more than a hundred thought leaders as presenters with thousands of blockchain enthusiasts from around the world attending the event and engaging in workshops, panel discussions and interactive presentations. IBN director of communications Jonathan Keim will be a mainstage speaker; his presentation will include key ways to leverage public relations tools for blockchain technology projects, tips to make the most of media coverage and new engagement opportunities offered by Web3 to reach virtually every demographic around the world.

As the event’s official newswire, CCW will provide traditional wire-grade dissemination of press releases along with article syndication of editorial content and a complete news coverage solution designed to create widespread interest in the premier blockchain event. IBN will utilize its extensive corporate communications solutions to increase the visibility of those involved in the conference, including conference organizers, investors, blockchain experts and participating companies. “Untraceable’s Blockchain Futurist is an amazing conference series, and we are always pleased to leverage our network of digital channels to drive broader recognition of each event,” said IBN director of communications Jonathan Keim in the press release. “With a decade-long track record of producing some of the most iconic blockchain events in history, Untraceable provides an exceptional platform for companies to showcase their brands while attendees fully experience the next technological revolution.”

To view the full press release, visit https://ccw.fm/efxB0

About Blockchain Futurist Conference

Blockchain Futurist Conference is Canada’s largest and longest-running crypto event, bringing together more than 6,500 attendees and 150 speakers to learn about the latest developments, trends and innovations in the field. The conference features three stages, two floors of expo booths, NFT galleries, crypto marketplaces, blockchain bootcamps, developer hackathon, networking events and more. Blockchain Futurist Conference is true to its ethos and enables everything to accept cryptocurrency onsite, including outdoor vendors, food trucks, carnival stations, ticketing, Bitcoin ATMs, NFT access passes and even crypto-enabled helicopter rides. For more information about this company, please visit www.FuturistConference.com

About CryptoCurrencyWire (“CCW”)

CryptoCurrencyWire (CCW) is a financial news and content distribution company that provides (1) access to a network of wire services via InvestorWire to reach all target markets, industries and demographics in the most effective manner possible, (2) article and editorial syndication to 5,000+ news outlets (3), enhanced press release services to ensure maximum impact, (4) social media distribution via the Investor Brand Network (IBN) to nearly 2 million followers, (5) a full array of corporate communications solutions, and (6) a total news coverage solution with CCW Prime. As a multifaceted organization with an extensive team of contributing journalists and writers, CCW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. By cutting through the overload of information in today’s market, CCW brings its clients unparalleled visibility, recognition and brand awareness.

To receive instant SMS alerts, text CRYPTO to 77948 (U.S. Mobile Phones Only)

CryptoCurrency News Wire is where News, content and information converge via Crypto.

For more information, please visit https://www.cryptocurrencywire.com

Please see full terms of use and disclaimers on the CryptoCurrencyWire (CCW) website applicable to all content provided by CCW, wherever published or re-published: http://CCW.fm/Disclaimer

CryptoCurrencyWire (CCW)
New York, New York
www.cryptocurrencywire.com
212.994.9818 Office
Editor@CryptoCurrencyWire.com

CryptoCurrencyWire is part of the InvestorBrandNetwork.

CryptoNewsBreaks – 5th Annual Blockchain Futurist Conference Revolutionizes Ticketing with Crypto Integration Powered by EukaPay

August 11, 2023 11:50:19

The 5th Annual Blockchain Futurist Conference is set to take place on August 15-16 in Toronto, organized by Untraceable Events. Regarded as Canada’s premier crypto, web3, and blockchain gathering, the event is poised to draw over 6,500 attendees and feature 150+ speakers. What sets this conference apart is its integration of cryptocurrency into ticket purchases through a partnership with EukaPay, a cryptocurrency payments processor.

EukaPay’s innovative campaign offers ticket buyers an enticing 50% discount for general and VIP tickets when using crypto. This collaboration follows the success of last year’s joint effort, contributing to cryptocurrency’s broader adoption.

Attendees can engage with EukaPay beyond ticketing, as the company’s CEO, Wayne Chen, will be a featured speaker. EukaPay’s involvement aligns with its mission to facilitate cryptocurrency acceptance in businesses, contributing to the seamless transition to the digital economy.

The Blockchain Futurist Conference is a comprehensive event encompassing panel discussions, workshops, and keynote speeches from notable industry figures. Attendees can anticipate not only enlightening discussions but also expo booths, crypto marketplaces, developer hackathons, and more. EukaPay’s crypto-centric approach to payment processing ensures businesses can accept crypto payments, converting them into dollars without the complexities of custody or currency volatility.Top of Form

To learn more, visit https://ccw.fm/hhNTH

About CryptoCurrencyWire (“CCW”)

CryptoCurrencyWire (CCW) is a financial news and content distribution company that provides (1) access to a network of wire services via InvestorWire to reach all target markets, industries and demographics in the most effective manner possible, (2) article and editorial syndication to 5,000+ news outlets (3), enhanced press release services to ensure maximum impact, (4) social media distribution via the Investor Brand Network (IBN) to nearly 2 million followers, (5) a full array of corporate communications solutions, and (6) a total news coverage solution with CCW Prime. As a multifaceted organization with an extensive team of contributing journalists and writers, CCW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. By cutting through the overload of information in today’s market, CCW brings its clients unparalleled visibility, recognition and brand awareness.

To receive instant SMS alerts, text CRYPTO to 77948 (U.S. Mobile Phones Only)

CryptoCurrency News Wire is where News, content and information converge via Crypto.

For more information, please visit https://www.cryptocurrencywire.com

Please see full terms of use and disclaimers on the CryptoCurrencyWire (CCW) website applicable to all content provided by CCW, wherever published or re-published: http://CCW.fm/Disclaimer

CryptoCurrencyWire (CCW)
New York, New York
www.cryptocurrencywire.com
212.994.9818 Office
Editor@CryptoCurrencyWire.com

CryptoCurrencyWire is part of the InvestorBrandNetwork.

PayPal Launches USD Stablecoin

August 11, 2023 09:35:00

PayPal introduced its new stablecoin called PayPal USD, denominated in the U.S. dollar, on Monday. This move marks a key milestone, as it makes PayPal the first major player in the financial technology sector to embrace digital currencies for seamless payments and transfers.

The purpose behind PYUSD is to capitalize on the potential benefits offered by stablecoins in the completion of transactions. Notably, it is fully backed by short-term U.S. Treasury securities, U.S. dollar deposits and analogous liquid assets, ensuring its stability. The stablecoin can be redeemed on a…

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About CryptoCurrencyWire

CryptoCurrencyWire (“CCW”) is a financial news and content distribution company that provides (1) access to a network of wire services via InvestorWire to reach all target markets, industries and demographics in the most effective manner possible, (2) article and editorial syndication to 5,000+ news outlets, (3) enhanced press release services to ensure maximum impact, (4) social media distribution via IBN (InvestorBrandNetwork) to nearly 2 million followers, and (5) a full array of corporate communications solutions As a multifaceted organization with an extensive team of contributing journalists and writers, CCW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. By cutting through the overload of information in today’s market, CCW brings its clients unparalleled visibility, recognition and brand awareness. CCW is where news, content and information about crypto converge.

To receive instant SMS alerts from CryptoCurrencyWire, text “CRYPTO” to 844-397-5787 (U.S. Mobile Phones Only)

For more information, please visit https://www.cryptocurrencywire.com

Please see full terms of use and disclaimers on the CryptoCurrencyWire website applicable to all content provided by CCW, wherever published or re-published: https://CCW.fm/Disclaimer

CryptoCurrencyWire (CCW)
New York, New York
www.cryptocurrencywire.com
212.994.9818 Office
Editor@CryptoCurrencyWire.com

CryptoCurrencyWire is part of the InvestorBrandNetwork.

CryptoNewsBreaks – 5th Annual Blockchain Futurist Conference to Deliver Unparalleled Crypto Experience

August 10, 2023 14:51:30

Toronto, Canada is gearing up for an electrifying rendezvous with the crypto world as the highly anticipated 5th Annual Blockchain Futurist Conference makes its triumphant return. This two-day extravaganza, set to unfold on August 15-16, 2023, promises an unparalleled journey into the future of blockchain, web3, and cryptocurrency technologies.

With Rebel Entertainment and Cabana Pool Bar as its unconventional backdrop, the event is set to host over 6,500 crypto enthusiasts and more than 150 trailblazing speakers. Three stages will reverberate with discussions on game-changing concepts like NFTs, DAOs, GameFi, and the metaverse. The Main Stage will showcase luminaries unveiling insights into emerging technologies’ global impact on economics, politics, society, and the environment. This will also serve as the platform for major announcements and product launches.

Adding to the fervor, the event will feature crypto marketplaces, NFT galleries, and blockchain bootcamps tailored for beginners. The conference will also witness the exciting ETHToronto and the groundbreaking ETHWomen Hackathons, bringing innovation and community collaboration to the forefront.

In past editions, the Blockchain Futurist Conference has unveiled trends before they hit the mainstream, making it a hotbed of technological foresight. This year’s lineup includes industry giants like Charles Hoskinson of Cardano, Michele Romanow of Clearco, and Anthony Di Iorio, Ethereum’s Co-Founder.

By orchestrating a symphony of insightful discussions, hands-on workshops, and networking opportunities, the 5th Annual Blockchain Futurist Conference promises to redefine the crypto conference landscape, offering a truly unparalleled experience that’s destined to leave an indelible mark on the industry.

For more information, visit https://ccw.fm/ebtUP

About CryptoCurrencyWire (“CCW”)

CryptoCurrencyWire (CCW) is a financial news and content distribution company that provides (1) access to a network of wire services via InvestorWire to reach all target markets, industries and demographics in the most effective manner possible, (2) article and editorial syndication to 5,000+ news outlets (3), enhanced press release services to ensure maximum impact, (4) social media distribution via the Investor Brand Network (IBN) to nearly 2 million followers, (5) a full array of corporate communications solutions, and (6) a total news coverage solution with CCW Prime. As a multifaceted organization with an extensive team of contributing journalists and writers, CCW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. By cutting through the overload of information in today’s market, CCW brings its clients unparalleled visibility, recognition and brand awareness.

To receive instant SMS alerts, text CRYPTO to 77948 (U.S. Mobile Phones Only)

CryptoCurrency News Wire is where News, content and information converge via Crypto.

For more information, please visit https://www.cryptocurrencywire.com

Please see full terms of use and disclaimers on the CryptoCurrencyWire (CCW) website applicable to all content provided by CCW, wherever published or re-published: http://CCW.fm/Disclaimer

CryptoCurrencyWire (CCW)
New York, New York
www.cryptocurrencywire.com
212.994.9818 Office
Editor@CryptoCurrencyWire.com

CryptoCurrencyWire is part of the InvestorBrandNetwork.

GOP Presidential Hopeful Adds Bitcoin to Campaign Donation Options

August 9, 2023 09:35:00

Step aside, Andrew Yang. There is a fresh face in the crypto space that has set sights on the White House stage: Francis Suarez, the tech-savvy mayor of Miami and a fervent advocate of digital currencies. Suarez, renowned for opting to receive his remuneration in Bitcoin, has now upped the ante by extending his crypto affinity to his 2024 campaign coffers.

Suarez revealed this pioneering fundraising endeavor in a conversation with CoinDesk, a prominent…

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About CryptoCurrencyWire

CryptoCurrencyWire (“CCW”) is a financial news and content distribution company that provides (1) access to a network of wire services via InvestorWire to reach all target markets, industries and demographics in the most effective manner possible, (2) article and editorial syndication to 5,000+ news outlets, (3) enhanced press release services to ensure maximum impact, (4) social media distribution via IBN (InvestorBrandNetwork) to nearly 2 million followers, and (5) a full array of corporate communications solutions As a multifaceted organization with an extensive team of contributing journalists and writers, CCW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. By cutting through the overload of information in today’s market, CCW brings its clients unparalleled visibility, recognition and brand awareness. CCW is where news, content and information about crypto converge.

To receive instant SMS alerts from CryptoCurrencyWire, text “CRYPTO” to 844-397-5787 (U.S. Mobile Phones Only)

For more information, please visit https://www.cryptocurrencywire.com

Please see full terms of use and disclaimers on the CryptoCurrencyWire website applicable to all content provided by CCW, wherever published or re-published: https://CCW.fm/Disclaimer

CryptoCurrencyWire (CCW)
New York, New York
www.cryptocurrencywire.com
212.994.9818 Office
Editor@CryptoCurrencyWire.com

CryptoCurrencyWire is part of the InvestorBrandNetwork.

CryptoNewsBreaks – Nate’s Food Co. (NHMD) Announces 27% Reduction in Issued and Outstanding Shares

August 7, 2023 13:06:01

Nate’s Food Co. (OTC: NHMD) today announced that its officers and directors have unanimously agreed to cancel 1 billion common shares, representing a 27% reduction in issued and outstanding shares. According to the update, of the total 1 billion shares approved for cancellation, 500 million common shares have already been successfully cancelled. The process is currently underway to cancel the remaining 500 million shares through the company’s transfer agent. The move to cancel the common shares is part of Nate’s Food Co.’s strategy to optimize its capitalization, streamline operations and position for possible joint ventures or acquisitions.

To view the full press release, visit https://ccw.fm/RhikL

About Nate’s Food Co.

The company operates two divisions: (1) Food development and distribution and (2) bitcoin mining. The company’s focus is the development of food products for distribution in wholesale membership stores and into retail grocery stores. The company also operates a bitcoin mining division as a hedge against inflation. For more information, visit the company’s website at www.NatesFoodCo.com.

About CryptoCurrencyWire (“CCW”)

CryptoCurrencyWire (CCW) is a financial news and content distribution company that provides (1) access to a network of wire services via InvestorWire to reach all target markets, industries and demographics in the most effective manner possible, (2) article and editorial syndication to 5,000+ news outlets (3), enhanced press release services to ensure maximum impact, (4) social media distribution via the Investor Brand Network (IBN) to nearly 2 million followers, (5) a full array of corporate communications solutions, and (6) a total news coverage solution with CCW Prime. As a multifaceted organization with an extensive team of contributing journalists and writers, CCW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. By cutting through the overload of information in today’s market, CCW brings its clients unparalleled visibility, recognition and brand awareness.

To receive instant SMS alerts, text CRYPTO to 77948 (U.S. Mobile Phones Only)

CryptoCurrency News Wire is where News, content and information converge via Crypto.

For more information, please visit https://www.cryptocurrencywire.com

Please see full terms of use and disclaimers on the CryptoCurrencyWire (CCW) website applicable to all content provided by CCW, wherever published or re-published: http://CCW.fm/Disclaimer

CryptoCurrencyWire (CCW)
New York, New York
www.cryptocurrencywire.com
212.994.9818 Office
Editor@CryptoCurrencyWire.com

CryptoCurrencyWire is part of the InvestorBrandNetwork.

Federal Judge Rules Certain Cryptos Qualify as Securities

August 7, 2023 10:20:00

A federal judge presiding in Manhattan has expressed the view that cryptocurrencies should be regarded as securities, regardless of the method of their transaction. This interpretation grants the Securities and Exchange Commission (SEC) authority to press charges related to securities against Terraform Labs. This legal stance also extends to the founder of the company, Do Kwon, and carries significant implications for the landscape of cryptocurrency legislation and legal actions.

The decision delivered by Judge Jed Rakoff introduces complications to the ongoing legal battles between the SEC and both Ripple and Coinbase. The SEC had put forth allegations asserting that Coinbase had engaged in the sale and offering of securities without proper…

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About CryptoCurrencyWire

CryptoCurrencyWire (“CCW”) is a financial news and content distribution company that provides (1) access to a network of wire services via InvestorWire to reach all target markets, industries and demographics in the most effective manner possible, (2) article and editorial syndication to 5,000+ news outlets, (3) enhanced press release services to ensure maximum impact, (4) social media distribution via IBN (InvestorBrandNetwork) to nearly 2 million followers, and (5) a full array of corporate communications solutions As a multifaceted organization with an extensive team of contributing journalists and writers, CCW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. By cutting through the overload of information in today’s market, CCW brings its clients unparalleled visibility, recognition and brand awareness. CCW is where news, content and information about crypto converge.

To receive instant SMS alerts from CryptoCurrencyWire, text “CRYPTO” to 844-397-5787 (U.S. Mobile Phones Only)

For more information, please visit https://www.cryptocurrencywire.com

Please see full terms of use and disclaimers on the CryptoCurrencyWire website applicable to all content provided by CCW, wherever published or re-published: https://CCW.fm/Disclaimer

CryptoCurrencyWire (CCW)
New York, New York
www.cryptocurrencywire.com
212.994.9818 Office
Editor@CryptoCurrencyWire.com

CryptoCurrencyWire is part of the InvestorBrandNetwork.

SEC Wanted Coinbase to Trade Only Bitcoin Before Suing Exchange, FT Report

August 4, 2023 09:35:00

According to a report by the Financial Times, Coinbase’s CEO Brian Armstrong revealed that the U.S. SEC had advised Coinbase to cease trading in any cryptos except Bitcoin prior to taking legal action targeting the exchange. According to an SEC spokesman, company delisting of cryptocurrency assets is not requested by SEC officials. However, staff members may offer their own opinions during investigations about whether certain conduct could give the commission cause for concern about securities regulations.

“The four SEC commissioners, SEC staff and SEC Chairman Gary Gensler have all expressed diverse perspectives on various topics; these opinions do not necessarily represent the institution’s…

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About CryptoCurrencyWire

CryptoCurrencyWire (“CCW”) is a financial news and content distribution company that provides (1) access to a network of wire services via InvestorWire to reach all target markets, industries and demographics in the most effective manner possible, (2) article and editorial syndication to 5,000+ news outlets, (3) enhanced press release services to ensure maximum impact, (4) social media distribution via IBN (InvestorBrandNetwork) to nearly 2 million followers, and (5) a full array of corporate communications solutions As a multifaceted organization with an extensive team of contributing journalists and writers, CCW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. By cutting through the overload of information in today’s market, CCW brings its clients unparalleled visibility, recognition and brand awareness. CCW is where news, content and information about crypto converge.

To receive instant SMS alerts from CryptoCurrencyWire, text “CRYPTO” to 844-397-5787 (U.S. Mobile Phones Only)

For more information, please visit https://www.cryptocurrencywire.com

Please see full terms of use and disclaimers on the CryptoCurrencyWire website applicable to all content provided by CCW, wherever published or re-published: https://CCW.fm/Disclaimer

CryptoCurrencyWire (CCW)
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CryptoCurrencyWire is part of the InvestorBrandNetwork.

BREATHE! Convention Expected to Connect Emerging Tech Communities While Making History in Las Vegas, Nevada on September 13-15, 2023

August 3, 2023 10:20:00
  • The Web3, AI, Blockchain, Cryptocurrency, DeFi, Metaverse, and NFT communities will come together September 13-15th, at The Expo @ World Market Center Las Vegas for the BREATHE! Convention
  • Emerging tech newcomers and pros will have access to the latest trends, best practices, insights, and cutting-edge research in AI, Blockchain, DeFi, and more – connecting with like-minded individuals, professionals, and colleagues
  • Hive, the Official BREATHE! Center of the Universe Mainstage sponsor, has established the Hive Village through community funding to create a space for the Hive blockchain ecosystem

Fostering networking opportunities, widespread adoption, and educational experiences within the world of Web3, AI, Blockchain, Cryptocurrency, DeFi, Metaverse, and NFTs, BREATHE! Convention is scheduled to take place September 13-15th, 2023, at The Expo @ World Market Center in Las Vegas, Nevada. BREATHE! is the first-ever emerging tech Convention approved by the venue to focus heavily on mass adoption, making it a historical event that is 100% backed by passionate, community-involved investors.

Hive, the official BREATHE! Center of the Universe Mainstage sponsor, has established the Hive Village as a part of its commitment to the projects involved in the Hive blockchain ecosystem. The Hive Village was secured by leveraging community funding to purchase individual exhibit spaces at BREATHE!, which…

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To learn more, please visit https://breatheconvention.com/.

About CryptoCurrencyWire

CryptoCurrencyWire (“CCW”) is a financial news and content distribution company that provides (1) access to a network of wire services via InvestorWire to reach all target markets, industries and demographics in the most effective manner possible, (2) article and editorial syndication to 5,000+ news outlets, (3) enhanced press release services to ensure maximum impact, (4) social media distribution via IBN (InvestorBrandNetwork) to nearly 2 million followers, and (5) a full array of corporate communications solutions As a multifaceted organization with an extensive team of contributing journalists and writers, CCW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. By cutting through the overload of information in today’s market, CCW brings its clients unparalleled visibility, recognition and brand awareness. CCW is where news, content and information about crypto converge.

To receive instant SMS alerts from CryptoCurrencyWire, text “CRYPTO” to 844-397-5787 (U.S. Mobile Phones Only)

For more information, please visit https://www.cryptocurrencywire.com

Please see full terms of use and disclaimers on the CryptoCurrencyWire website applicable to all content provided by CCW, wherever published or re-published: https://CCW.fm/Disclaimer

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Editor@CryptoCurrencyWire.com

CryptoCurrencyWire is part of the InvestorBrandNetwork.

N.C. Couple Lose Crypto Worth $156,000 to Home Robbers

August 2, 2023 09:35:00

In a harrowing incident, an elderly couple from North Carolina endured a nightmarish ordeal when armed assailants held them captive in their own home. The criminals, disguised as construction workers, targeted the innocent couple, threatening them with unspeakable acts of violence.

Remy Ra St. Felix and Elmer Ruben Castro, the alleged culprits, arrived at the couple’s residence in Durham on April 12, 2023, at 7:30 a.m. disguised in reflective vests and khaki pants and pretending to inspect pipes for damage. The couple, both in their seventies, were led to believe that the…

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About CryptoCurrencyWire

CryptoCurrencyWire (“CCW”) is a financial news and content distribution company that provides (1) access to a network of wire services via InvestorWire to reach all target markets, industries and demographics in the most effective manner possible, (2) article and editorial syndication to 5,000+ news outlets, (3) enhanced press release services to ensure maximum impact, (4) social media distribution via IBN (InvestorBrandNetwork) to nearly 2 million followers, and (5) a full array of corporate communications solutions As a multifaceted organization with an extensive team of contributing journalists and writers, CCW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. By cutting through the overload of information in today’s market, CCW brings its clients unparalleled visibility, recognition and brand awareness. CCW is where news, content and information about crypto converge.

To receive instant SMS alerts from CryptoCurrencyWire, text “CRYPTO” to 844-397-5787 (U.S. Mobile Phones Only)

For more information, please visit https://www.cryptocurrencywire.com

Please see full terms of use and disclaimers on the CryptoCurrencyWire website applicable to all content provided by CCW, wherever published or re-published: https://CCW.fm/Disclaimer

CryptoCurrencyWire (CCW)
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Editor@CryptoCurrencyWire.com

CryptoCurrencyWire is part of the InvestorBrandNetwork.

GOP Cryptocurrency Bill Divides Congressional Democrats

July 31, 2023 11:05:00

A major legislative proposal aimed at revamping the regulations surrounding cryptocurrency has caused a rift among senior Congressional Democrats, opening up an opportunity for Republicans to advance their own legislation with some potential bipartisan support.

During a recent meeting of the Financial Services Committee, House Democrats showed their divided stance on a Republican-led measure that seeks to establish federal mandates for regulating digital asset trading, specifically overseen by the CFTC and the SEC. Representative Maxine Waters, who is the…

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About CryptoCurrencyWire

CryptoCurrencyWire (“CCW”) is a financial news and content distribution company that provides (1) access to a network of wire services via InvestorWire to reach all target markets, industries and demographics in the most effective manner possible, (2) article and editorial syndication to 5,000+ news outlets, (3) enhanced press release services to ensure maximum impact, (4) social media distribution via IBN (InvestorBrandNetwork) to nearly 2 million followers, and (5) a full array of corporate communications solutions As a multifaceted organization with an extensive team of contributing journalists and writers, CCW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. By cutting through the overload of information in today’s market, CCW brings its clients unparalleled visibility, recognition and brand awareness. CCW is where news, content and information about crypto converge.

To receive instant SMS alerts from CryptoCurrencyWire, text “CRYPTO” to 844-397-5787 (U.S. Mobile Phones Only)

For more information, please visit https://www.cryptocurrencywire.com

Please see full terms of use and disclaimers on the CryptoCurrencyWire website applicable to all content provided by CCW, wherever published or re-published: https://CCW.fm/Disclaimer

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Editor@CryptoCurrencyWire.com

CryptoCurrencyWire is part of the InvestorBrandNetwork.

Why Texas Is on Cutting Edge of Crypto Mining

July 28, 2023 09:35:00

Texas has become a significant crypto-mining hub globally, mostly as a result of its fortunate combination of inexpensive electricity and a forgiving regulatory climate. A number of measures have recently been passed and have the potential to put the Lone Star state at the forefront of the development of crypto policy.

The crypto-mining process uses supercomputers to solve extremely difficult mathematical puzzles to validate cryptocurrency transactions. Incentives such as cryptocurrency are given to miners as…

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About CryptoCurrencyWire

CryptoCurrencyWire (“CCW”) is a financial news and content distribution company that provides (1) access to a network of wire services via InvestorWire to reach all target markets, industries and demographics in the most effective manner possible, (2) article and editorial syndication to 5,000+ news outlets, (3) enhanced press release services to ensure maximum impact, (4) social media distribution via IBN (InvestorBrandNetwork) to nearly 2 million followers, and (5) a full array of corporate communications solutions As a multifaceted organization with an extensive team of contributing journalists and writers, CCW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. By cutting through the overload of information in today’s market, CCW brings its clients unparalleled visibility, recognition and brand awareness. CCW is where news, content and information about crypto converge.

To receive instant SMS alerts from CryptoCurrencyWire, text “CRYPTO” to 844-397-5787 (U.S. Mobile Phones Only)

For more information, please visit https://www.cryptocurrencywire.com

Please see full terms of use and disclaimers on the CryptoCurrencyWire website applicable to all content provided by CCW, wherever published or re-published: https://CCW.fm/Disclaimer

CryptoCurrencyWire (CCW)
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Editor@CryptoCurrencyWire.com

CryptoCurrencyWire is part of the InvestorBrandNetwork.

CryptoNewsBreaks – Nate’s Food Co. (NHMD) Announces Shareholder Cash Dividend from Bitcoin Mining Operations

July 27, 2023 11:18:59

Nate’s Food Co. (OTC: NHMD), a leading Bitcoin mining company, will issue a quarterly cash dividend to its shareholders. According to the announcement, management anticipates that the dividend, which it will pay out on Sept. 30, 2023, will be payable in cash and will be distributed to shareholders following company policy. “We are delighted to announce this dividend payout to our shareholders, reflecting the success of our Bitcoin mining operations,” said Nate’s Food CEO Nate Steck in the press release. “Our team has worked tirelessly to build out our Bitcoin mining facility, and we remain committed to growing our Bitcoin mining operation and providing value to our shareholders. We are optimistic about the future of Bitcoin and are confident that our ongoing investments in our business will continue to yield strong results.”

To view the full press release, visit https://ccw.fm/4m6Eu

About Nate’s Food Co.

Nate’s Food Co. operates two divisions: a food development and distribution division and a Bitcoin mining division. The company’s focus is the development of food products for distribution in wholesale membership stores and into retail grocery stores. The company also operates a Bitcoin mining division as a hedge against inflation. For more information about the company, visit www.NatesFoodCo.com.

About CryptoCurrencyWire (“CCW”)

CryptoCurrencyWire (CCW) is a financial news and content distribution company that provides (1) access to a network of wire services via InvestorWire to reach all target markets, industries and demographics in the most effective manner possible, (2) article and editorial syndication to 5,000+ news outlets (3), enhanced press release services to ensure maximum impact, (4) social media distribution via the Investor Brand Network (IBN) to nearly 2 million followers, (5) a full array of corporate communications solutions, and (6) a total news coverage solution with CCW Prime. As a multifaceted organization with an extensive team of contributing journalists and writers, CCW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. By cutting through the overload of information in today’s market, CCW brings its clients unparalleled visibility, recognition and brand awareness.

To receive instant SMS alerts, text CRYPTO to 77948 (U.S. Mobile Phones Only)

CryptoCurrency News Wire is where News, content and information converge via Crypto.

For more information, please visit https://www.cryptocurrencywire.com

Please see full terms of use and disclaimers on the CryptoCurrencyWire (CCW) website applicable to all content provided by CCW, wherever published or re-published: http://CCW.fm/Disclaimer

CryptoCurrencyWire (CCW)
New York, New York
www.cryptocurrencywire.com
212.994.9818 Office
Editor@CryptoCurrencyWire.com

CryptoCurrencyWire is part of the InvestorBrandNetwork.

CryptoNewsBreaks – EBC9 to Take the Spotlight at Fira Barcelona

July 26, 2023 11:02:27

European Blockchain Convention 9 (“EBC9”) is set to be Europe’s largest blockchain event in the second half of 2023, surpassing all its previous editions since the event was launched in 2018. EBC9 is slated to take place Oct. 24-27, 2023, in the vibrant city of Barcelona, ahead of the highly anticipated El Clasico clash between FC Barcelona and Real Madrid over the weekend. This year’s agenda will cover a wide range of topics, including regulatory challenges in Europe and around the globe, the ascent of AI and surge in adoption of digital assets, stablecoins, CBDCs, privacy, the institutionalization of crypto, DeFi, sustainability, and tokenization. “We have seen a significant increase in registrations and interest from exhibitors and sponsors alike after the overwhelmingly positive feedback we got from our previous edition. Building on that momentum, we are moving EBC9 to Fira Barcelona, a much larger venue,” said Victoria Gago, co-founder of European Blockchain Convention. “Fira Barcelona, being the largest convention centre in Spain, offers ample space for more exhibitors, a greater variety of content, and engaging experiences.”

To view the full news release, visit https://ccw.fm/ZmV1t

About European Blockchain Convention

Launched in 2018, the European Blockchain Convention is the most influential blockchain event in Europe, connecting industry professionals, startups and technology leaders. The event provides a platform for sharing insights, fostering collaborations, and exploring the vast potential of blockchain, crypto and digital assets.

About CryptoCurrencyWire (“CCW”)

CryptoCurrencyWire (CCW) is a financial news and content distribution company that provides (1) access to a network of wire services via InvestorWire to reach all target markets, industries and demographics in the most effective manner possible, (2) article and editorial syndication to 5,000+ news outlets (3), enhanced press release services to ensure maximum impact, (4) social media distribution via the Investor Brand Network (IBN) to nearly 2 million followers, (5) a full array of corporate communications solutions, and (6) a total news coverage solution with CCW Prime. As a multifaceted organization with an extensive team of contributing journalists and writers, CCW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. By cutting through the overload of information in today’s market, CCW brings its clients unparalleled visibility, recognition and brand awareness.

To receive instant SMS alerts, text CRYPTO to 77948 (U.S. Mobile Phones Only)

CryptoCurrency News Wire is where News, content and information converge via Crypto.

For more information, please visit https://www.cryptocurrencywire.com

Please see full terms of use and disclaimers on the CryptoCurrencyWire (CCW) website applicable to all content provided by CCW, wherever published or re-published: http://CCW.fm/Disclaimer

CryptoCurrencyWire (CCW)
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www.cryptocurrencywire.com
212.994.9818 Office
Editor@CryptoCurrencyWire.com

CryptoCurrencyWire is part of the InvestorBrandNetwork.

Indonesia Unveils New Clearing House, Bourse for Cryptos

July 26, 2023 10:20:00

Indonesia has recently introduced a national platform for crypto assets, aiming to bolster investor protection and furnish regulators with comprehensive transaction records. This move comes as the government seeks to fortify supervision of the thriving sector amid a shift in regulatory oversight, as stated by the Commodity Futures Trading Regulatory Agency (Bappebti).

Indonesia permits crypto investment but bans the use of these digital assets for payments. Notably, the sector experienced a significant surge while the pandemic raged. As of June 2023, the number of people investing in digital assets reached an impressive 17.54 million, surpassing the count of registered…

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About CryptoCurrencyWire

CryptoCurrencyWire (“CCW”) is a financial news and content distribution company that provides (1) access to a network of wire services via InvestorWire to reach all target markets, industries and demographics in the most effective manner possible, (2) article and editorial syndication to 5,000+ news outlets, (3) enhanced press release services to ensure maximum impact, (4) social media distribution via IBN (InvestorBrandNetwork) to nearly 2 million followers, and (5) a full array of corporate communications solutions As a multifaceted organization with an extensive team of contributing journalists and writers, CCW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. By cutting through the overload of information in today’s market, CCW brings its clients unparalleled visibility, recognition and brand awareness. CCW is where news, content and information about crypto converge.

To receive instant SMS alerts from CryptoCurrencyWire, text “CRYPTO” to 844-397-5787 (U.S. Mobile Phones Only)

For more information, please visit https://www.cryptocurrencywire.com

Please see full terms of use and disclaimers on the CryptoCurrencyWire website applicable to all content provided by CCW, wherever published or re-published: https://CCW.fm/Disclaimer

CryptoCurrencyWire (CCW)
New York, New York
www.cryptocurrencywire.com
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Editor@CryptoCurrencyWire.com

CryptoCurrencyWire is part of the InvestorBrandNetwork.

Nasdaq Halts Plans to Start Cryptocurrency Custody Business

July 24, 2023 10:20:00

Adena Friedman, NASDAQ CEO, recently announced that the exchange has made the decision to postpone the launch of its crypto custody business in the United States. Friedman attributed the reason behind the move to the everchanging business and regulatory landscape in the country. As a result, the company has decided to halt its attempts to acquire the necessary license for the custody service.

“However, NASDAQ remains committed to advancing in the digital asset space. We will focus on developing and delivering technology solutions, solidifying our position as a leading provider of…

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About CryptoCurrencyWire

CryptoCurrencyWire (“CCW”) is a financial news and content distribution company that provides (1) access to a network of wire services via InvestorWire to reach all target markets, industries and demographics in the most effective manner possible, (2) article and editorial syndication to 5,000+ news outlets, (3) enhanced press release services to ensure maximum impact, (4) social media distribution via IBN (InvestorBrandNetwork) to nearly 2 million followers, and (5) a full array of corporate communications solutions As a multifaceted organization with an extensive team of contributing journalists and writers, CCW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. By cutting through the overload of information in today’s market, CCW brings its clients unparalleled visibility, recognition and brand awareness. CCW is where news, content and information about crypto converge.

To receive instant SMS alerts from CryptoCurrencyWire, text “CRYPTO” to 844-397-5787 (U.S. Mobile Phones Only)

For more information, please visit https://www.cryptocurrencywire.com

Please see full terms of use and disclaimers on the CryptoCurrencyWire website applicable to all content provided by CCW, wherever published or re-published: https://CCW.fm/Disclaimer

CryptoCurrencyWire (CCW)
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CryptoCurrencyWire is part of the InvestorBrandNetwork.

How the Ripple Court Victory Could Impact Other Cryptos

July 21, 2023 09:35:00

A recent court ruling on the SEC/Ripple case brought a wave of celebration within the crypto industry. Judge Analisa Torres delivered a significant verdict by declaring that XRP should not be categorized as a security. Many crypto enthusiasts perceive this ruling as an encouraging sign that similar assets will thrive in the United States. However, legal experts caution that further regulatory clarity is still necessary.

Bitcoin, as a commodity, benefits from a clearer regulatory framework and oversight from specific…

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About CryptoCurrencyWire

CryptoCurrencyWire (“CCW”) is a financial news and content distribution company that provides (1) access to a network of wire services via InvestorWire to reach all target markets, industries and demographics in the most effective manner possible, (2) article and editorial syndication to 5,000+ news outlets, (3) enhanced press release services to ensure maximum impact, (4) social media distribution via IBN (InvestorBrandNetwork) to nearly 2 million followers, and (5) a full array of corporate communications solutions As a multifaceted organization with an extensive team of contributing journalists and writers, CCW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. By cutting through the overload of information in today’s market, CCW brings its clients unparalleled visibility, recognition and brand awareness. CCW is where news, content and information about crypto converge.

To receive instant SMS alerts from CryptoCurrencyWire, text “CRYPTO” to 844-397-5787 (U.S. Mobile Phones Only)

For more information, please visit https://www.cryptocurrencywire.com

Please see full terms of use and disclaimers on the CryptoCurrencyWire website applicable to all content provided by CCW, wherever published or re-published: https://CCW.fm/Disclaimer

CryptoCurrencyWire (CCW)
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CryptoCurrencyWire is part of the InvestorBrandNetwork.

Ripple Labs Wins Landmark Suit Filed by the US SEC

July 19, 2023 10:20:00

In a significant legal win for the crypto sector, Ripple Labs’ sale of its XRP token on open markets was found to have not breached federal securities legislation. The ruling was made by Judge Analisa Torres, and it represented the first win for a cryptobusiness in a legal battle instituted by the U.S. Securities and Exchange Commission (SEC).

Despite being unique to this case, the ruling is anticipated to benefit other cryptocurrency companies engaged in similar legal disputes with the SEC over…

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About CryptoCurrencyWire

CryptoCurrencyWire (“CCW”) is a financial news and content distribution company that provides (1) access to a network of wire services via InvestorWire to reach all target markets, industries and demographics in the most effective manner possible, (2) article and editorial syndication to 5,000+ news outlets, (3) enhanced press release services to ensure maximum impact, (4) social media distribution via IBN (InvestorBrandNetwork) to nearly 2 million followers, and (5) a full array of corporate communications solutions As a multifaceted organization with an extensive team of contributing journalists and writers, CCW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. By cutting through the overload of information in today’s market, CCW brings its clients unparalleled visibility, recognition and brand awareness. CCW is where news, content and information about crypto converge.

To receive instant SMS alerts from CryptoCurrencyWire, text “CRYPTO” to 844-397-5787 (U.S. Mobile Phones Only)

For more information, please visit https://www.cryptocurrencywire.com

Please see full terms of use and disclaimers on the CryptoCurrencyWire website applicable to all content provided by CCW, wherever published or re-published: https://CCW.fm/Disclaimer

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CryptoCurrencyWire is part of the InvestorBrandNetwork.

Standard Chartered Expects Bitcoin to Climb to $120,000 Next Year

July 14, 2023 09:35:00

According to Standard Chartered, the main cryptocurrency, Bitcoin, has the potential to rise to $50,000 in value this year and an impressive $120,000 in 2024. The bank believes the recent uptick in Bitcoin’s price may motivate miners to hoard more of the coins they find.

This forecast is a revision of the bank’s earlier prediction made in April, where it anticipated Bitcoin to reach $100,000 next year. Geoff Kendrick, one of Standard Chartered’s leading foreign exchange analysts, believes that their initial forecast has a 20% “upside.” According to Kendrick, miners are able to put on…

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About CryptoCurrencyWire

CryptoCurrencyWire (“CCW”) is a financial news and content distribution company that provides (1) access to a network of wire services via InvestorWire to reach all target markets, industries and demographics in the most effective manner possible, (2) article and editorial syndication to 5,000+ news outlets, (3) enhanced press release services to ensure maximum impact, (4) social media distribution via IBN (InvestorBrandNetwork) to nearly 2 million followers, and (5) a full array of corporate communications solutions As a multifaceted organization with an extensive team of contributing journalists and writers, CCW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. By cutting through the overload of information in today’s market, CCW brings its clients unparalleled visibility, recognition and brand awareness. CCW is where news, content and information about crypto converge.

To receive instant SMS alerts from CryptoCurrencyWire, text “CRYPTO” to 844-397-5787 (U.S. Mobile Phones Only)

For more information, please visit https://www.cryptocurrencywire.com

Please see full terms of use and disclaimers on the CryptoCurrencyWire website applicable to all content provided by CCW, wherever published or re-published: https://CCW.fm/Disclaimer

CryptoCurrencyWire (CCW)
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CryptoCurrencyWire is part of the InvestorBrandNetwork.

CryptoNewsBreaks — Mining Disrupt 2023 Coming to Miami with World´s Largest Bitcoin Mining Conference, Expo

July 13, 2023 11:44:55

Mining Disrupt 2023 Conference is slated to be the world’s largest Bitcoin mining conference. This year’s event is scheduled for July 25–27 in Miami, Florida, and features an impressive lineup of more than a hundred sponsors, exhibitors and presenters. According to the announcement, the go-to mining community event is a true business-to-business expo and conference, designed to gather all of the leading companies in Bitcoin mining from around the world. The focus of the event is to build trust, help the young industry grow, and offer key information about new products, strategies and tendencies. The two-day event includes keynote speakers and discussion panels with expert presenters from around the world sharing expertise and knowledge about the Bitcoin mining industry. Those new to the space as well as miners themselves will be at this event, which features PEGA Pool as the Powered by Sponsor. PEGA Pool is revolutionizing one of the most important industry sectors by offering the first ecofriendly mining pool. In addition, the event features other industry leaders as sponsors, including Jsbit and Foundry. “What started as the Mining Disrupt telegram group for miners over six years ago turned into our first official trade show in 2019, and now, we are thrilled to be celebrating our fifth-year anniversary,” said Mining Disrupt founder and co-owner Michael Cruz in the press release. “What an amazing ride. We are very thankful for all the support.”

To view the full press release, visit https://ccw.fm/6QrA8

About Mining Disrupt

Mining Disrupt Conference will be held on July 25–27, 2023, in Miami at the Miami Airport Convention Center. This is the event’s fifth edition and largest event to date, with more than 100 companies exhibiting and/or sponsoring, an estimated 5,000 attendees, and a lineup of some of the most prominent speakers from the mining industry and the Bitcoin space. For more information about this event, please visit www.MiningDisrupt.com.

About CryptoCurrencyWire (“CCW”)

CryptoCurrencyWire (CCW) is a financial news and content distribution company that provides (1) access to a network of wire services via InvestorWire to reach all target markets, industries and demographics in the most effective manner possible, (2) article and editorial syndication to 5,000+ news outlets (3), enhanced press release services to ensure maximum impact, (4) social media distribution via the Investor Brand Network (IBN) to nearly 2 million followers, (5) a full array of corporate communications solutions, and (6) a total news coverage solution with CCW Prime. As a multifaceted organization with an extensive team of contributing journalists and writers, CCW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. By cutting through the overload of information in today’s market, CCW brings its clients unparalleled visibility, recognition and brand awareness.

To receive instant SMS alerts, text CRYPTO to 77948 (U.S. Mobile Phones Only)

CryptoCurrency News Wire is where News, content and information converge via Crypto.

For more information, please visit https://www.cryptocurrencywire.com

Please see full terms of use and disclaimers on the CryptoCurrencyWire (CCW) website applicable to all content provided by CCW, wherever published or re-published: http://CCW.fm/Disclaimer

CryptoCurrencyWire (CCW)
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www.cryptocurrencywire.com
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CryptoCurrencyWire is part of the InvestorBrandNetwork.

Bittrex Wants SEC Lawsuit Dismissed

July 10, 2023 11:05:00

Bittrex has taken a significant step in its ongoing legal battle with the U.S. Securities and Exchange Commission (SEC) by filing a request to dismiss. The cryptocurrency exchange had filed for bankruptcy earlier this year citing regulatory pressure from the commission.

In its recent filing, Bittrex makes the case that the SEC lacks the jurisdiction to regulate cryptos as securities sans a specific Congressional authorization. This claim contests how the SEC has interpreted current securities laws and aims to create a clearer regulatory framework that considers digital assets’…

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About CryptoCurrencyWire

CryptoCurrencyWire (“CCW”) is a financial news and content distribution company that provides (1) access to a network of wire services via InvestorWire to reach all target markets, industries and demographics in the most effective manner possible, (2) article and editorial syndication to 5,000+ news outlets, (3) enhanced press release services to ensure maximum impact, (4) social media distribution via IBN (InvestorBrandNetwork) to nearly 2 million followers, and (5) a full array of corporate communications solutions As a multifaceted organization with an extensive team of contributing journalists and writers, CCW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. By cutting through the overload of information in today’s market, CCW brings its clients unparalleled visibility, recognition and brand awareness. CCW is where news, content and information about crypto converge.

To receive instant SMS alerts from CryptoCurrencyWire, text “CRYPTO” to 844-397-5787 (U.S. Mobile Phones Only)

For more information, please visit https://www.cryptocurrencywire.com

Please see full terms of use and disclaimers on the CryptoCurrencyWire website applicable to all content provided by CCW, wherever published or re-published: https://CCW.fm/Disclaimer

CryptoCurrencyWire (CCW)
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www.cryptocurrencywire.com
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To Protect Investors, Thailand Opts to Ban Lending by Cryptocurrency Exchanges

July 7, 2023 09:35:00

Thailand has become the second country in southeast Asia to announce a ban on cryptocurrency exchanges that offer lending services, aligning with the country’s commitment to safeguarde investors in the crypto market. The Thai Securities and Exchange Commission (SEC) issued a statement on July 3, 2023, outlining the new rules. The ban explicitly targets “depository services that promise returns to lenders and depositors,” effectively barring exchanges from offering both staking and lending options.

To enhance transparency and risk awareness, the Thai SEC has introduced a mandatory disclaimer, requiring exchanges to prominently display the message: “Cryptos are high…

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About CryptoCurrencyWire

CryptoCurrencyWire (“CCW”) is a financial news and content distribution company that provides (1) access to a network of wire services via InvestorWire to reach all target markets, industries and demographics in the most effective manner possible, (2) article and editorial syndication to 5,000+ news outlets, (3) enhanced press release services to ensure maximum impact, (4) social media distribution via IBN (InvestorBrandNetwork) to nearly 2 million followers, and (5) a full array of corporate communications solutions As a multifaceted organization with an extensive team of contributing journalists and writers, CCW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. By cutting through the overload of information in today’s market, CCW brings its clients unparalleled visibility, recognition and brand awareness. CCW is where news, content and information about crypto converge.

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King Charles Signs Crypto Bill into Law

July 5, 2023 08:50:00

Last week, King Charles signed the Financial Services and Markets measure, completing the process for the measure to become law and giving regulators the power to monitor cryptocurrencies and stablecoins. This step, known as royal assent, is merely a procedural formality following the lawmakers’ agreement and effectively transforms the bill into the Financial Services and Markets Act.

Hailed as a vital component of the government’s vision, the HM Treasury asserts that the act plays a central role in fostering an open, sustainable and technologically advanced financial services sector. Financial Services Minister Andrew Griffith emphasized that the act provides the United Kingdom with…

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About CryptoCurrencyWire

CryptoCurrencyWire (“CCW”) is a financial news and content distribution company that provides (1) access to a network of wire services via InvestorWire to reach all target markets, industries and demographics in the most effective manner possible, (2) article and editorial syndication to 5,000+ news outlets, (3) enhanced press release services to ensure maximum impact, (4) social media distribution via IBN (InvestorBrandNetwork) to nearly 2 million followers, and (5) a full array of corporate communications solutions As a multifaceted organization with an extensive team of contributing journalists and writers, CCW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. By cutting through the overload of information in today’s market, CCW brings its clients unparalleled visibility, recognition and brand awareness. CCW is where news, content and information about crypto converge.

To receive instant SMS alerts from CryptoCurrencyWire, text “CRYPTO” to 844-397-5787 (U.S. Mobile Phones Only)

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Team Managing Bankrupt FTX Announces Recovery of Nearly $7B in Assets

July 3, 2023 10:20:00

The FTX bankruptcy team has recently published a comprehensive report that delves deep into the financial intricacies of the collapsed exchange. According to their findings, a sizable debt of $8.6 billion was owed to clients as a result of the mixing and theft of their deposits. Surprisingly, senior executives had already made conscious efforts to hide these financial difficulties in August 2022.

According to the report filed last week, a substantial portion of the funds, approximately $6.5 billion, consisted of misappropriated stablecoins and fiat currency. However, there is some positive news as well, as $7.1 billion worth of assets have already been recovered. Those involved in the investigation remain…

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About CryptoCurrencyWire

CryptoCurrencyWire (“CCW”) is a financial news and content distribution company that provides (1) access to a network of wire services via InvestorWire to reach all target markets, industries and demographics in the most effective manner possible, (2) article and editorial syndication to 5,000+ news outlets, (3) enhanced press release services to ensure maximum impact, (4) social media distribution via IBN (InvestorBrandNetwork) to nearly 2 million followers, and (5) a full array of corporate communications solutions As a multifaceted organization with an extensive team of contributing journalists and writers, CCW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. By cutting through the overload of information in today’s market, CCW brings its clients unparalleled visibility, recognition and brand awareness. CCW is where news, content and information about crypto converge.

To receive instant SMS alerts from CryptoCurrencyWire, text “CRYPTO” to 844-397-5787 (U.S. Mobile Phones Only)

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Despite Minimal Trading Activity, Bitcoin Surges 12% in June

June 30, 2023 08:05:00

Bitcoin’s surge in value this month has drawn the attention of many, and the reasons behind the increase are not what one might expect. The world’s largest digital currency has experienced a notable increase of more than 12% since the start of June. Last Wednesday, it surpassed the $30,000 mark, reaching its highest point since mid-April, as confirmed by data from Coin Metrics.

While some attribute the recent increase to the announcement that BlackRock, a prominent asset management firm, had filed for a Bitcoin ETF that monitors the underlying asset’s market price, there is more to it than meets the eye. The significant movement can be attributed to a factor beyond the…

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About CryptoCurrencyWire

CryptoCurrencyWire (“CCW”) is a financial news and content distribution company that provides (1) access to a network of wire services via InvestorWire to reach all target markets, industries and demographics in the most effective manner possible, (2) article and editorial syndication to 5,000+ news outlets, (3) enhanced press release services to ensure maximum impact, (4) social media distribution via IBN (InvestorBrandNetwork) to nearly 2 million followers, and (5) a full array of corporate communications solutions As a multifaceted organization with an extensive team of contributing journalists and writers, CCW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. By cutting through the overload of information in today’s market, CCW brings its clients unparalleled visibility, recognition and brand awareness. CCW is where news, content and information about crypto converge.

To receive instant SMS alerts from CryptoCurrencyWire, text “CRYPTO” to 844-397-5787 (U.S. Mobile Phones Only)

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US Supreme Court Issues Favorable Ruling for Coinbase

June 28, 2023 10:20:00

On June 23, 2023, the United States Supreme Court delivered a verdict in favor of cryptocurrency exchange Coinbase, rendering a partisan decision that will put a halt to court proceedings against the company in two separate cases in California. These class-action lawsuits were initiated by plaintiffs claiming that Coinbase had not provided adequate compensation after users suffered financial losses. Additionally, the plaintiffs accused Coinbase of engaging in deceptive advertising practices.

Coinbase, in response, requested that the district courts overseeing the cases dismiss the suits, arguing that users had agreed to handle such disputes through arbitration rather than lawsuits when they…

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About CryptoCurrencyWire

CryptoCurrencyWire (“CCW”) is a financial news and content distribution company that provides (1) access to a network of wire services via InvestorWire to reach all target markets, industries and demographics in the most effective manner possible, (2) article and editorial syndication to 5,000+ news outlets, (3) enhanced press release services to ensure maximum impact, (4) social media distribution via IBN (InvestorBrandNetwork) to nearly 2 million followers, and (5) a full array of corporate communications solutions As a multifaceted organization with an extensive team of contributing journalists and writers, CCW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. By cutting through the overload of information in today’s market, CCW brings its clients unparalleled visibility, recognition and brand awareness. CCW is where news, content and information about crypto converge.

To receive instant SMS alerts from CryptoCurrencyWire, text “CRYPTO” to 844-397-5787 (U.S. Mobile Phones Only)

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CryptoNewsBreaks – Flow Co-Founder Discusses Web3 and Technical Innovation in CryptoNewsAudio Production

June 26, 2023 11:31:22

Layne Lafrance, co-founder of Flow, a decentralized, public, layer-one blockchain designed for building Web3 experiences for mainstream users, was featured in the latest CryptoNewsAudio production. Lafrance joins the interview to discuss her background and path leading up to her role with Flow and journey in the web3 space. “I was one of the co-founders of CryptoKitties in 2017. It was an incredible landmark moment for the Ethereum network – bringing it to a halt,” Lafrance said. “Prior to endeavoring to build the future of consumer applications and web3, I spent some time working with a company called Heartisans in Hong Kong, building a blood pressure watch. Now, I get to spend my time thinking about how the world of web3 and technical innovation will elicit significant social, economic and technical change.”

To view the full press release, visit https://ccw.fm/mK3it

About CryptoCurrencyWire

CryptoCurrencyWire (CCW) is a financial news and content distribution company that provides (1) access to a network of wire services via InvestorWire to reach all target markets, industries and demographics in the most effective manner possible, (2) article and editorial syndication to 5,000+ news outlets, (3) enhanced press release services to ensure maximum impact, (4) social media distribution via IBN (InvestorBrandNetwork) to nearly 2 million followers, and (5) a full array of corporate communications solutions. As a multifaceted organization with an extensive team of contributing journalists and writers, CCW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. By cutting through the overload of information in today’s market, CCW brings its clients unparalleled visibility, recognition and brand awareness. CCW is where news, content and information about crypto converge.

To receive instant SMS alerts from CryptoCurrencyWire, text “CRYPTO” to 844-397-5787 (U.S. Mobile Phones Only)

For more information, please visit https://www.CryptoCurrencyWire.com

Please see full terms of use and disclaimers on the CryptoCurrencyWire website applicable to all content provided by CCW, wherever published or re-published: https://CCW.fm/Disclaimer

About CryptoCurrencyWire (“CCW”)

CryptoCurrencyWire (CCW) is a financial news and content distribution company that provides (1) access to a network of wire services via InvestorWire to reach all target markets, industries and demographics in the most effective manner possible, (2) article and editorial syndication to 5,000+ news outlets (3), enhanced press release services to ensure maximum impact, (4) social media distribution via the Investor Brand Network (IBN) to nearly 2 million followers, (5) a full array of corporate communications solutions, and (6) a total news coverage solution with CCW Prime. As a multifaceted organization with an extensive team of contributing journalists and writers, CCW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. By cutting through the overload of information in today’s market, CCW brings its clients unparalleled visibility, recognition and brand awareness.

To receive instant SMS alerts, text CRYPTO to 77948 (U.S. Mobile Phones Only)

CryptoCurrency News Wire is where News, content and information converge via Crypto.

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Please see full terms of use and disclaimers on the CryptoCurrencyWire (CCW) website applicable to all content provided by CCW, wherever published or re-published: http://CCW.fm/Disclaimer

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CryptoNewsBreaks – Blockchain Life 2023 to Bring Thousands Together for Dubai Forum

June 26, 2023 10:53:13

Blockchain Life 2023, one of the biggest crypto and web3 events in the world, is scheduled to be held in Dubai on Oct. 24–25, 2023. The elite event attracts an array of influential figures, including heads of global funds, government officials, investors, business owners and promising startups. The event focuses on shaping the future of cryptocurrencies and web3 and is estimated to attract some 7,000 participants from more than 120 countries. The event will include more than 80 speakers, with some of the industry’s best-known experts and leaders sharing key information and insight. Presenters include TRON founder H.E. Justin Sun, Binance general manager Alexander Chehade, Litecoin Foundation cofounder and director Xinxi Wang, Jets.Capital and Listing.Help founder Sergei Khitrov, crypto entrepreneur and CryptoJobs.com founder Carl Runefelt, MMCrypto founder Chris MMCrypto, expert analyst Tone Vays and Dr. Sameer Al Ansari, CEO of Ras Al Khaimah DAO and ICC.

To find out more about the event, visit https://ccw.fm/6ezOb

To view the full press release, visit https://ccw.fm/tkRmJ

About Blockchain Life 2023

Blockchain Life events focus on cryptocurrencies, blockchain and mining; Blockchain Life 2023 takes place in Dubai, Festival City, on Oct. 24–25, 2023. The forum is traditionally attended by key industry players, government representatives, heads of international companies and funds, investors, promising startup teams and beginners. Blockchain Life gathers some 7,000 premium attendees from more than 100 countries. For more information about Blockchain Life, please visit www.Blockchain-Life.com.

About CryptoCurrencyWire (“CCW”)

CryptoCurrencyWire (CCW) is a financial news and content distribution company that provides (1) access to a network of wire services via InvestorWire to reach all target markets, industries and demographics in the most effective manner possible, (2) article and editorial syndication to 5,000+ news outlets (3), enhanced press release services to ensure maximum impact, (4) social media distribution via the Investor Brand Network (IBN) to nearly 2 million followers, (5) a full array of corporate communications solutions, and (6) a total news coverage solution with CCW Prime. As a multifaceted organization with an extensive team of contributing journalists and writers, CCW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. By cutting through the overload of information in today’s market, CCW brings its clients unparalleled visibility, recognition and brand awareness.

To receive instant SMS alerts, text CRYPTO to 77948 (U.S. Mobile Phones Only)

CryptoCurrency News Wire is where News, content and information converge via Crypto.

For more information, please visit https://www.cryptocurrencywire.com

Please see full terms of use and disclaimers on the CryptoCurrencyWire (CCW) website applicable to all content provided by CCW, wherever published or re-published: http://CCW.fm/Disclaimer

CryptoCurrencyWire (CCW)
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Bitcoin Jumps 10% Amid Bullish Investor Sentiment

June 26, 2023 08:05:00

Last week, Bitcoin surged to its highest point since April, fueling excitement among traders who are hopeful for the approval of a spot Bitcoin ETF. This optimism stems from recent applications submitted by various companies, including BlackRock, a prominent player in the financial industry.

According to CoinMetrics, the price of the leading cryptocurrency reached a peak of $30,749.45, marking its highest point since April 14. However, by 6:39 p.m. ET, the price had slightly dipped to…

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About CryptoCurrencyWire

CryptoCurrencyWire (“CCW”) is a financial news and content distribution company that provides (1) access to a network of wire services via InvestorWire to reach all target markets, industries and demographics in the most effective manner possible, (2) article and editorial syndication to 5,000+ news outlets, (3) enhanced press release services to ensure maximum impact, (4) social media distribution via IBN (InvestorBrandNetwork) to nearly 2 million followers, and (5) a full array of corporate communications solutions As a multifaceted organization with an extensive team of contributing journalists and writers, CCW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. By cutting through the overload of information in today’s market, CCW brings its clients unparalleled visibility, recognition and brand awareness. CCW is where news, content and information about crypto converge.

To receive instant SMS alerts from CryptoCurrencyWire, text “CRYPTO” to 844-397-5787 (U.S. Mobile Phones Only)

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The IMF is Designing a Global CBDC Platform

June 22, 2023 11:05:00

Kristalina Georgieva, managing director of the International Monetary Fund (IMF), announced that the organization is engaged in the development of a platform to facilitate transactions between nations using central bank digital currencies, or CBDCs.

Georgieva underscored the necessity of connecting nations through interoperable systems, stating that CBDCs shouldn’t be restricted to individual countries but should aim for global efficiency and…

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About CryptoCurrencyWire

CryptoCurrencyWire (“CCW”) is a financial news and content distribution company that provides (1) access to a network of wire services via InvestorWire to reach all target markets, industries and demographics in the most effective manner possible, (2) article and editorial syndication to 5,000+ news outlets, (3) enhanced press release services to ensure maximum impact, (4) social media distribution via IBN (InvestorBrandNetwork) to nearly 2 million followers, and (5) a full array of corporate communications solutions As a multifaceted organization with an extensive team of contributing journalists and writers, CCW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. By cutting through the overload of information in today’s market, CCW brings its clients unparalleled visibility, recognition and brand awareness. CCW is where news, content and information about crypto converge.

To receive instant SMS alerts from CryptoCurrencyWire, text “CRYPTO” to 844-397-5787 (U.S. Mobile Phones Only)

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Please see full terms of use and disclaimers on the CryptoCurrencyWire website applicable to all content provided by CCW, wherever published or re-published: https://CCW.fm/Disclaimer

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SEC Asks for Additional Time in Coinbase Rulemaking Petition

June 20, 2023 11:35:00

The U.S. Securities & Exchange Commision (SEC) has requested more time to respond to Coinbase’s plea for regulatory certainty in the crypto space. The SEC stated in a June 13, 2023, letter that it would require an extra four months to address Coinbase’s request for the implementation of new regulations and improved comprehension of the regulatory environment for cryptocurrencies.

The letter was written in response to the court’s order from June 6, 2023, asking the SEC to make it clear if it was rejecting the rulemaking or just needing more time to…

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About CryptoCurrencyWire

CryptoCurrencyWire (“CCW”) is a financial news and content distribution company that provides (1) access to a network of wire services via InvestorWire to reach all target markets, industries and demographics in the most effective manner possible, (2) article and editorial syndication to 5,000+ news outlets, (3) enhanced press release services to ensure maximum impact, (4) social media distribution via IBN (InvestorBrandNetwork) to nearly 2 million followers, and (5) a full array of corporate communications solutions As a multifaceted organization with an extensive team of contributing journalists and writers, CCW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. By cutting through the overload of information in today’s market, CCW brings its clients unparalleled visibility, recognition and brand awareness. CCW is where news, content and information about crypto converge.

To receive instant SMS alerts from CryptoCurrencyWire, text “CRYPTO” to 844-397-5787 (U.S. Mobile Phones Only)

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Please see full terms of use and disclaimers on the CryptoCurrencyWire website applicable to all content provided by CCW, wherever published or re-published: https://CCW.fm/Disclaimer

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CryptoCurrencyWire is part of the InvestorBrandNetwork.

Crypto Prices Show Signs of Stability After SEC Crackdown Concerns

June 16, 2023 09:35:00

This week marked a period of relative stability in the cryptocurrency market, as prices showed signs of steadying after a significant sell-off triggered by legal actions from the U.S. Securities and Exchange Commission (SEC) against Binance and Coinbase for violating securities regulations.

According to Coin Metrics, Cardano’s ADA coin remained unchanged on Monday, following a brief weekend tumble of approximately 17%. Conversely, Solana’s SOL recorded a 6% decline, while Polygon’s MATIC experienced a drop of more than 2%. During the weekend, both Polygon and Solana saw…

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About CryptoCurrencyWire

CryptoCurrencyWire (“CCW”) is a financial news and content distribution company that provides (1) access to a network of wire services via InvestorWire to reach all target markets, industries and demographics in the most effective manner possible, (2) article and editorial syndication to 5,000+ news outlets, (3) enhanced press release services to ensure maximum impact, (4) social media distribution via IBN (InvestorBrandNetwork) to nearly 2 million followers, and (5) a full array of corporate communications solutions As a multifaceted organization with an extensive team of contributing journalists and writers, CCW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. By cutting through the overload of information in today’s market, CCW brings its clients unparalleled visibility, recognition and brand awareness. CCW is where news, content and information about crypto converge.

To receive instant SMS alerts from CryptoCurrencyWire, text “CRYPTO” to 844-397-5787 (U.S. Mobile Phones Only)

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SEC Clampdown Triggers Deposit Withdrawals Worth $4B

June 14, 2023 09:35:00

Lawsuits filed by the U.S. SEC against Binance.US, Binance and Coinbase have triggered a substantial withdrawal of approximate deposits totaling $4 billion from these prominent cryptocurrency exchanges, as indicated by blockchain data. According to Glassnode and Nansen data, the three exchanges collectively experienced net withdrawals of $864 million in Bitcoin and $3.1 billion through Ethereum last week. The withdrawals were swiftly and neatly processed by the exchanges throughout the week.

The SEC initiated legal action against Binance, its CEO Changpeng CZ Zhao and its U.S.-based subsidiary Binance.US last week, citing various violations of federal securities laws. Subsequently, the…

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About CryptoCurrencyWire

CryptoCurrencyWire (“CCW”) is a financial news and content distribution company that provides (1) access to a network of wire services via InvestorWire to reach all target markets, industries and demographics in the most effective manner possible, (2) article and editorial syndication to 5,000+ news outlets, (3) enhanced press release services to ensure maximum impact, (4) social media distribution via IBN (InvestorBrandNetwork) to nearly 2 million followers, and (5) a full array of corporate communications solutions As a multifaceted organization with an extensive team of contributing journalists and writers, CCW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. By cutting through the overload of information in today’s market, CCW brings its clients unparalleled visibility, recognition and brand awareness. CCW is where news, content and information about crypto converge.

To receive instant SMS alerts from CryptoCurrencyWire, text “CRYPTO” to 844-397-5787 (U.S. Mobile Phones Only)

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Please see full terms of use and disclaimers on the CryptoCurrencyWire website applicable to all content provided by CCW, wherever published or re-published: https://CCW.fm/Disclaimer

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Chainlink, Swift to Trial Linking Financial System Actors to Blockchains

June 12, 2023 08:05:00

Swift, the messaging system used for interbank communication, and Chainlink (LINK), a supplier of blockchain real-world data, have announced a collaborative effort with numerous financial institutions. The objective of this initiative, as outlined in a press release released last week, is to explore how these institutions can establish connections with various blockchain networks.

In a series of tests, Swift will join forces with prominent traditional financial organizations such as the DTCC, ANZ, Citi, BNY Mellon, BNP Paribas, Euroclear and Clearstream. The primary aim is to evaluate the feasibility of utilizing Swift’s innovations to facilitate the exchange of tokenized assets between different…

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About CryptoCurrencyWire

CryptoCurrencyWire (“CCW”) is a financial news and content distribution company that provides (1) access to a network of wire services via InvestorWire to reach all target markets, industries and demographics in the most effective manner possible, (2) article and editorial syndication to 5,000+ news outlets, (3) enhanced press release services to ensure maximum impact, (4) social media distribution via IBN (InvestorBrandNetwork) to nearly 2 million followers, and (5) a full array of corporate communications solutions As a multifaceted organization with an extensive team of contributing journalists and writers, CCW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. By cutting through the overload of information in today’s market, CCW brings its clients unparalleled visibility, recognition and brand awareness. CCW is where news, content and information about crypto converge.

To receive instant SMS alerts from CryptoCurrencyWire, text “CRYPTO” to 844-397-5787 (U.S. Mobile Phones Only)

For more information, please visit https://www.cryptocurrencywire.com

Please see full terms of use and disclaimers on the CryptoCurrencyWire website applicable to all content provided by CCW, wherever published or re-published: https://CCW.fm/Disclaimer

CryptoCurrencyWire (CCW)
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CryptoCurrencyWire is part of the InvestorBrandNetwork.

Game-Changing Cryptocurrency Bill Tabled in Congress

June 9, 2023 10:20:00

Ethereum, Bitcoin and two other popular cryptocurrencies, Binance’s BNB and Ripple’s XRP, have experienced a remarkable surge this year, contributing a staggering $350 billion to the cryptocurrency market in 2023. However, the value of Bitcoin has declined in the past month, falling from its peak of just over $30,000 in 2023. This downward trend affected the price of Ethereum as well as BNB and XRP. Despite this, major players such as Microsoft and Goldman Sachs are covertly preparing for the next bullish market.

Amid concerns that the crypto industry is on the verge of a potential explosion, lawmakers in the United States have proposed a comprehensive framework aimed at establishing clear regulations for crypto companies operating within the country. Patrick McHenry and Glen Thompson, chairs of the…

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About CryptoCurrencyWire

CryptoCurrencyWire (“CCW”) is a financial news and content distribution company that provides (1) access to a network of wire services via InvestorWire to reach all target markets, industries and demographics in the most effective manner possible, (2) article and editorial syndication to 5,000+ news outlets, (3) enhanced press release services to ensure maximum impact, (4) social media distribution via IBN (InvestorBrandNetwork) to nearly 2 million followers, and (5) a full array of corporate communications solutions As a multifaceted organization with an extensive team of contributing journalists and writers, CCW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. By cutting through the overload of information in today’s market, CCW brings its clients unparalleled visibility, recognition and brand awareness. CCW is where news, content and information about crypto converge.

To receive instant SMS alerts from CryptoCurrencyWire, text “CRYPTO” to 844-397-5787 (U.S. Mobile Phones Only)

For more information, please visit https://www.cryptocurrencywire.com

Please see full terms of use and disclaimers on the CryptoCurrencyWire website applicable to all content provided by CCW, wherever published or re-published: https://CCW.fm/Disclaimer

CryptoCurrencyWire (CCW)
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Growing Crypto Adoption Sees Ethereum’s Transaction Volume Rivaling Visa

June 7, 2023 08:50:00

Ethereum, despite being relatively young compared to traditional payment giants such as Visa, has demonstrated remarkable growth and established itself as a formidable force in the blockchain realm. In only a decade, blockchain technology has evolved into a significant player that rivals established financial institutions.

According to recent data from Coingraph, Ethereum processed $3.01 trillion in transactions last year, just shy of Visa’s $3.08 trillion total. This number emphasizes how widely used this emerging technology is…

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About CryptoCurrencyWire

CryptoCurrencyWire (“CCW”) is a financial news and content distribution company that provides (1) access to a network of wire services via InvestorWire to reach all target markets, industries and demographics in the most effective manner possible, (2) article and editorial syndication to 5,000+ news outlets, (3) enhanced press release services to ensure maximum impact, (4) social media distribution via IBN (InvestorBrandNetwork) to nearly 2 million followers, and (5) a full array of corporate communications solutions As a multifaceted organization with an extensive team of contributing journalists and writers, CCW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. By cutting through the overload of information in today’s market, CCW brings its clients unparalleled visibility, recognition and brand awareness. CCW is where news, content and information about crypto converge.

To receive instant SMS alerts from CryptoCurrencyWire, text “CRYPTO” to 844-397-5787 (U.S. Mobile Phones Only)

For more information, please visit https://www.cryptocurrencywire.com

Please see full terms of use and disclaimers on the CryptoCurrencyWire website applicable to all content provided by CCW, wherever published or re-published: https://CCW.fm/Disclaimer

CryptoCurrencyWire (CCW)
New York, New York
www.cryptocurrencywire.com
212.994.9818 Office
Editor@CryptoCurrencyWire.com

CryptoCurrencyWire is part of the InvestorBrandNetwork.

UAE and Hong Kong Collaborate on Rulemaking for Crypto Industry

June 6, 2023 08:05:00

In a significant development for the cryptocurrency industry, the Monetary Authority of Hong Kong (HKMA) and the UAE Central Bank (CBUAE) have joined hands to foster cooperation and establish regulatory frameworks. The two entities met on May 30, 2023; the meeting signified the announcement of their intent to collaborate on matters related to digital asset regulations, knowledge sharing and fintech initiatives.

Recognizing the importance of market connectivity and financial infrastructure, both central banks expressed their commitment to strengthening ties between their jurisdictions. H.E. Khaled Mohamed Balama, the governor of CBUAE, emphasized the potential for a long-term relationship with the…

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About CryptoCurrencyWire

CryptoCurrencyWire (“CCW”) is a financial news and content distribution company that provides (1) access to a network of wire services via InvestorWire to reach all target markets, industries and demographics in the most effective manner possible, (2) article and editorial syndication to 5,000+ news outlets, (3) enhanced press release services to ensure maximum impact, (4) social media distribution via IBN (InvestorBrandNetwork) to nearly 2 million followers, and (5) a full array of corporate communications solutions As a multifaceted organization with an extensive team of contributing journalists and writers, CCW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. By cutting through the overload of information in today’s market, CCW brings its clients unparalleled visibility, recognition and brand awareness. CCW is where news, content and information about crypto converge.

To receive instant SMS alerts from CryptoCurrencyWire, text “CRYPTO” to 844-397-5787 (U.S. Mobile Phones Only)

For more information, please visit https://www.cryptocurrencywire.com

Please see full terms of use and disclaimers on the CryptoCurrencyWire website applicable to all content provided by CCW, wherever published or re-published: https://CCW.fm/Disclaimer

CryptoCurrencyWire (CCW)
New York, New York
www.cryptocurrencywire.com
212.994.9818 Office
Editor@CryptoCurrencyWire.com

CryptoCurrencyWire is part of the InvestorBrandNetwork.

Crypto Insurance Still Hard to Work Out, Insiders Say

June 2, 2023 11:05:00

Cryptocurrency insurance providers spend a significant amount of time determining whether to insure a crypto enterprise, and nearly none of them offer coverage to individuals. With only exploits and hacks taken into account, $3.9 billion was stolen from cryptocurrency businesses, decentralized financial platforms and consumers in the past year, a staggering 22% increase from the year before. Some think that 2023 might even be worse.

The initial risk assessment of a cryptocurrency platform is a difficult procedure, according to Raymond Zenkich, head of Evertas, a cryptocurrency insurance company. Zenkich stated that underwriting, which is the process of analyzing and assessing risks associated with insuring an asset, is originally carried…

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About CryptoCurrencyWire

CryptoCurrencyWire (“CCW”) is a financial news and content distribution company that provides (1) access to a network of wire services via InvestorWire to reach all target markets, industries and demographics in the most effective manner possible, (2) article and editorial syndication to 5,000+ news outlets, (3) enhanced press release services to ensure maximum impact, (4) social media distribution via IBN (InvestorBrandNetwork) to nearly 2 million followers, and (5) a full array of corporate communications solutions As a multifaceted organization with an extensive team of contributing journalists and writers, CCW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. By cutting through the overload of information in today’s market, CCW brings its clients unparalleled visibility, recognition and brand awareness. CCW is where news, content and information about crypto converge.

To receive instant SMS alerts from CryptoCurrencyWire, text “CRYPTO” to 844-397-5787 (U.S. Mobile Phones Only)

For more information, please visit https://www.cryptocurrencywire.com

Please see full terms of use and disclaimers on the CryptoCurrencyWire website applicable to all content provided by CCW, wherever published or re-published: https://CCW.fm/Disclaimer

CryptoCurrencyWire (CCW)
New York, New York
www.cryptocurrencywire.com
212.994.9818 Office
Editor@CryptoCurrencyWire.com

CryptoCurrencyWire is part of the InvestorBrandNetwork.

CryptoNewsBreaks – SportsCast, Athlete Studio Partner to Launch Ultimate Digital Sports Media Collectibles

June 1, 2023 12:49:34

SportsCast, a leading provider of unique sports media collectibles, in partnership with Athlete Studio, the No. 1 eCommerce platform for athletes and sports brands, today announced the launch of its latest series of unparalleled digital sports media collectibles. Building on its successful initial drop earlier this year, the June 1 release showcases an unprecedented fusion of digital sports memorabilia, preserved, packaged and sold in limited edition collectibles, as well as exclusive content, merchandise and VIP experiences. “Athlete Studio shares our vision of providing sports fans with some of the most unique sports media collectibles ever assembled, and this latest drop reinforces that,” said Garrick Dorn, managing partner of SportsCast. “Expect big things from this partnership in the coming months.”

To view the full press release, visit https://ccw.fm/lY65d

About SportsCast

SportsCast creates unique digital sports collectibles that also provide exclusive access to content directly from legendary athletes and future stars. Each athlete collection features special collectible cards that unlock the gateway to select SportsCast episodes featuring private conversations between well-known sports figures – one-on-one. SportsCast+ buyers can unlock SportsCastRewards offering VIP access and experiences, merchandise (physical and virtual) plus autographed memorabilia (coming soon). To learn more about the SportsCast partnership, as well as the upcoming digital collectible and exclusive content series, visit SportsCast.net.

About CryptoCurrencyWire (“CCW”)

CryptoCurrencyWire (CCW) is a financial news and content distribution company that provides (1) access to a network of wire services via InvestorWire to reach all target markets, industries and demographics in the most effective manner possible, (2) article and editorial syndication to 5,000+ news outlets (3), enhanced press release services to ensure maximum impact, (4) social media distribution via the Investor Brand Network (IBN) to nearly 2 million followers, (5) a full array of corporate communications solutions, and (6) a total news coverage solution with CCW Prime. As a multifaceted organization with an extensive team of contributing journalists and writers, CCW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. By cutting through the overload of information in today’s market, CCW brings its clients unparalleled visibility, recognition and brand awareness.

To receive instant SMS alerts, text CRYPTO to 77948 (U.S. Mobile Phones Only)

CryptoCurrency News Wire is where News, content and information converge via Crypto.

For more information, please visit https://www.cryptocurrencywire.com

Please see full terms of use and disclaimers on the CryptoCurrencyWire (CCW) website applicable to all content provided by CCW, wherever published or re-published: http://CCW.fm/Disclaimer

CryptoCurrencyWire (CCW)
New York, New York
www.cryptocurrencywire.com
212.994.9818 Office
Editor@CryptoCurrencyWire.com

CryptoCurrencyWire is part of the InvestorBrandNetwork.

Internet Commerce Evolution in Spotlight at Web3 Berlin Conference, With Focus on NFT, Crypto, Development 

June 1, 2023 09:35:00

As the Internet becomes a worldwide driver of communication and culture, enthusiasts from diverse business and entertainment backgrounds continue working toward the Internet’s evolution into a content ownership, decentralized community known as Web3.

The leadership team behind the inaugural Web3 Berlin (“W3B”) conference is determined to see it become Europe’s largest gathering of innovators in the Web3 ecosystem with gatherings on an…

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For more information about this event, please visit https://ccw.fm/uZVbm.

About CryptoCurrencyWire

CryptoCurrencyWire (“CCW”) is a financial news and content distribution company that provides (1) access to a network of wire services via InvestorWire to reach all target markets, industries and demographics in the most effective manner possible, (2) article and editorial syndication to 5,000+ news outlets, (3) enhanced press release services to ensure maximum impact, (4) social media distribution via IBN (InvestorBrandNetwork) to nearly 2 million followers, and (5) a full array of corporate communications solutions As a multifaceted organization with an extensive team of contributing journalists and writers, CCW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. By cutting through the overload of information in today’s market, CCW brings its clients unparalleled visibility, recognition and brand awareness. CCW is where news, content and information about crypto converge.

To receive instant SMS alerts from CryptoCurrencyWire, text “CRYPTO” to 844-397-5787 (U.S. Mobile Phones Only)

For more information, please visit https://www.cryptocurrencywire.com

Please see full terms of use and disclaimers on the CryptoCurrencyWire website applicable to all content provided by CCW, wherever published or re-published: https://CCW.fm/Disclaimer

CryptoCurrencyWire (CCW)
New York, New York
www.cryptocurrencywire.com
212.994.9818 Office
Editor@CryptoCurrencyWire.com

CryptoCurrencyWire is part of the InvestorBrandNetwork.

5th Annual Blockchain Futurist Conference Guarantees a Crypto Experience Like No Other

June 1, 2023 08:50:00

This summer, Canada’s largest crypto, web3, and blockchain event – Blockchain Futurist Conference – returns to Rebel Entertainment and Cabana Pool Bar in Toronto, assembling more than 6,500 attendees and over 150 speakers. The unconventional venue will provide the perfect setting for a two-day one-of-a-kind crypto experience slated for August 15-16, 2023. The event will feature three stages, two floors of expo booths, crypto marketplaces, NFT galleries, blockchain bootcamps for beginners, networking events, and two developer hackathons: ETHToronto and ETHWomen.

The Main Stage will host a curated list of top speakers who will deliver presentations and industry keynotes on the future of emerging technologies and how they impact the social, economic, political, and environmental landscape of the global economy. Here, the speakers will also provide insights into…

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To learn more, visit https://ccw.fm/baGEz

About CryptoCurrencyWire

CryptoCurrencyWire (“CCW”) is a financial news and content distribution company that provides (1) access to a network of wire services via InvestorWire to reach all target markets, industries and demographics in the most effective manner possible, (2) article and editorial syndication to 5,000+ news outlets, (3) enhanced press release services to ensure maximum impact, (4) social media distribution via IBN (InvestorBrandNetwork) to nearly 2 million followers, and (5) a full array of corporate communications solutions As a multifaceted organization with an extensive team of contributing journalists and writers, CCW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. By cutting through the overload of information in today’s market, CCW brings its clients unparalleled visibility, recognition and brand awareness. CCW is where news, content and information about crypto converge.

To receive instant SMS alerts from CryptoCurrencyWire, text “CRYPTO” to 844-397-5787 (U.S. Mobile Phones Only)

For more information, please visit https://www.cryptocurrencywire.com

Please see full terms of use and disclaimers on the CryptoCurrencyWire website applicable to all content provided by CCW, wherever published or re-published: https://CCW.fm/Disclaimer

CryptoCurrencyWire (CCW)
New York, New York
www.cryptocurrencywire.com
212.994.9818 Office
Editor@CryptoCurrencyWire.com

CryptoCurrencyWire is part of the InvestorBrandNetwork.

ChatGPT’s Top Seven Forecasts for Crypto Industry by 2033

May 31, 2023 09:35:00

The cryptocurrency industry emerged around a decade ago with the introduction of the Bitcoin network in 2009. While there have been significant developments in the field during this time, it is also interesting to speculate on the potential future scenarios for the next decade. To provide insights into this matter, CryptoPotato sought the opinions of ChatGPT, a widely popular artificial intelligence chatbot. Here are some compelling forecasts the AI platform shared regarding the future of crypto:

Increased mainstream acceptance

ChatGPT anticipates a significant rise in mainstream adoption of cryptocurrencies, with Bitcoin and alternative coins playing a substantial role in the global financial network for transactions. Major companies such as Visa and Mastercard have already partnered with cryptocurrency companies to…

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About CryptoCurrencyWire

CryptoCurrencyWire (“CCW”) is a financial news and content distribution company that provides (1) access to a network of wire services via InvestorWire to reach all target markets, industries and demographics in the most effective manner possible, (2) article and editorial syndication to 5,000+ news outlets, (3) enhanced press release services to ensure maximum impact, (4) social media distribution via IBN (InvestorBrandNetwork) to nearly 2 million followers, and (5) a full array of corporate communications solutions As a multifaceted organization with an extensive team of contributing journalists and writers, CCW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. By cutting through the overload of information in today’s market, CCW brings its clients unparalleled visibility, recognition and brand awareness. CCW is where news, content and information about crypto converge.

To receive instant SMS alerts from CryptoCurrencyWire, text “CRYPTO” to 844-397-5787 (U.S. Mobile Phones Only)

For more information, please visit https://www.cryptocurrencywire.com

Please see full terms of use and disclaimers on the CryptoCurrencyWire website applicable to all content provided by CCW, wherever published or re-published: https://CCW.fm/Disclaimer

CryptoCurrencyWire (CCW)
New York, New York
www.cryptocurrencywire.com
212.994.9818 Office
Editor@CryptoCurrencyWire.com

CryptoCurrencyWire is part of the InvestorBrandNetwork.

Growing Crypto Uptake Increases Demand for Blockchain Forensic Investigation Experts

May 26, 2023 11:05:00

The world of divorce proceedings is facing new challenges as cryptocurrency becomes an increasingly common asset that needs to be divided between separating spouses. Cryptocurrency investments, such as Bitcoin, have gained popularity in recent years, with one in five Americans having invested, traded or used cryptocurrency. However, these digital assets can be easily hidden and difficult to trace, creating complications during divorce settlements.

Divorce attorneys and forensic investigators have found themselves in a new job category, as they are now responsible for hunting down hidden crypto stashes. Divorce attorney Kelly Burris explains that cryptocurrency assets can be easily hidden by tech-savvy spouses, as these digital assets are not…

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About CryptoCurrencyWire

CryptoCurrencyWire (“CCW”) is a financial news and content distribution company that provides (1) access to a network of wire services via InvestorWire to reach all target markets, industries and demographics in the most effective manner possible, (2) article and editorial syndication to 5,000+ news outlets, (3) enhanced press release services to ensure maximum impact, (4) social media distribution via IBN (InvestorBrandNetwork) to nearly 2 million followers, and (5) a full array of corporate communications solutions As a multifaceted organization with an extensive team of contributing journalists and writers, CCW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. By cutting through the overload of information in today’s market, CCW brings its clients unparalleled visibility, recognition and brand awareness. CCW is where news, content and information about crypto converge.

To receive instant SMS alerts from CryptoCurrencyWire, text “CRYPTO” to 844-397-5787 (U.S. Mobile Phones Only)

For more information, please visit https://www.cryptocurrencywire.com

Please see full terms of use and disclaimers on the CryptoCurrencyWire website applicable to all content provided by CCW, wherever published or re-published: https://CCW.fm/Disclaimer

CryptoCurrencyWire (CCW)
New York, New York
www.cryptocurrencywire.com
212.994.9818 Office
Editor@CryptoCurrencyWire.com

CryptoCurrencyWire is part of the InvestorBrandNetwork.

CryptoNewsBreaks – IBN Widened Reach, Engaged Targeted Audiences for ‘Mona& Frens: Web3 Is A Joke’

May 25, 2023 13:54:50

IBN (“InvestorBrandNetwork”), a multifaceted communications organization with 60+ brands, today announced that Mona Shaikh, comedian, commentator and renowned producer, in conjunction with NEX (Never Ending Experience), designated IBN as the official media partner for Mona& Frens: Web3 Is A Joke. The event took place on May 18, 2023, during Bitcoin Week Miami. As the official media partner, IBN leveraged its wide array of digital solutions to heighten recognition and further the outreach of invited speakers, sponsors and the overall event through its multi-brand social media capabilities. IBN’s coverage extends to 5,000+ syndication partners and a portfolio of 60+ IBN brands that collectively amplify reach to an audience of 2+ million. “Web3 Is A Joke provides a truly unique platform for furthering conversations around Web3 technologies and their adoption. We love working alongside Mona Shaikh and her wonderful team,” said Jonathan Keim, communications director for IBN. “Our blockchain-focused brands, including CryptoCurrencyWire and Web3MediaWire, combined their capabilities to further engage targeted audiences for this event. We look forward to the next one!”

To view the full press release, visit https://ccw.fm/VBwou

About IBN

IBN (InvestorBrandNetwork) consists of financial brands introduced to the investment public over the course of 17+ years. With IBN, we have amassed a collective audience of millions of social media followers. These distinctive investor brands aim to fulfill the unique needs of a growing base of client-partners. IBN will continue to expand our branded network of highly influential properties, leveraging the knowledge and energy of specialized teams of experts to serve our increasingly diversified list of clients.

Through NetworkNewsWire (“NNW”) and its affiliate brands, IBN provides: (1) access to a network of wire solutions via InvestorWire (“IW”) to reach all target markets, industries and demographics in the most effective manner possible; (2) article and editorial syndication to 5,000+ news outlets; (3) enhanced press release solutions to ensure maximum impact; (4) full-scale distribution to a growing social media audience; (5) a full array of corporate communications solutions; and (6) a total news coverage solution.

For more information, please visit https://www.InvestorBrandNetwork.com

Please see full terms of use and disclaimers on the InvestorBrandNetwork website applicable to all content provided by IBN, wherever published or re-published: http://IBN.fm/Disclaimer

About CryptoCurrencyWire (“CCW”)

CryptoCurrencyWire (CCW) is a financial news and content distribution company that provides (1) access to a network of wire services via InvestorWire to reach all target markets, industries and demographics in the most effective manner possible, (2) article and editorial syndication to 5,000+ news outlets (3), enhanced press release services to ensure maximum impact, (4) social media distribution via the Investor Brand Network (IBN) to nearly 2 million followers, (5) a full array of corporate communications solutions, and (6) a total news coverage solution with CCW Prime. As a multifaceted organization with an extensive team of contributing journalists and writers, CCW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. By cutting through the overload of information in today’s market, CCW brings its clients unparalleled visibility, recognition and brand awareness.

To receive instant SMS alerts, text CRYPTO to 77948 (U.S. Mobile Phones Only)

CryptoCurrency News Wire is where News, content and information converge via Crypto.

For more information, please visit https://www.cryptocurrencywire.com

Please see full terms of use and disclaimers on the CryptoCurrencyWire (CCW) website applicable to all content provided by CCW, wherever published or re-published: http://CCW.fm/Disclaimer

CryptoCurrencyWire (CCW)
New York, New York
www.cryptocurrencywire.com
212.994.9818 Office
Editor@CryptoCurrencyWire.com

CryptoCurrencyWire is part of the InvestorBrandNetwork.

How Adverse Weather Events, Crypto Slump Accelerated US Debt Ceiling Deadline

May 24, 2023 11:05:00

Without legislation lifting the debt ceiling, the U.S. government may soon be unable to pay its debts. But for some unexpected reasons, the “X-date” might be on an expedited timeframe.

The Congressional Budget Office had predicted that the X-date would occur between July and September of this year. However, this month, Janet Yellen, the treasury secretary, wrote to House Speaker Kevin McCarthy stating that the treasury anticipated that it wouldn’t be able to continue paying all of the…

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About CryptoCurrencyWire

CryptoCurrencyWire (“CCW”) is a financial news and content distribution company that provides (1) access to a network of wire services via InvestorWire to reach all target markets, industries and demographics in the most effective manner possible, (2) article and editorial syndication to 5,000+ news outlets, (3) enhanced press release services to ensure maximum impact, (4) social media distribution via IBN (InvestorBrandNetwork) to nearly 2 million followers, and (5) a full array of corporate communications solutions As a multifaceted organization with an extensive team of contributing journalists and writers, CCW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. By cutting through the overload of information in today’s market, CCW brings its clients unparalleled visibility, recognition and brand awareness. CCW is where news, content and information about crypto converge.

To receive instant SMS alerts from CryptoCurrencyWire, text “CRYPTO” to 844-397-5787 (U.S. Mobile Phones Only)

For more information, please visit https://www.cryptocurrencywire.com

Please see full terms of use and disclaimers on the CryptoCurrencyWire website applicable to all content provided by CCW, wherever published or re-published: https://CCW.fm/Disclaimer

CryptoCurrencyWire (CCW)
New York, New York
www.cryptocurrencywire.com
212.994.9818 Office
Editor@CryptoCurrencyWire.com

CryptoCurrencyWire is part of the InvestorBrandNetwork.

CryptoNewsBreaks – RYVYL Inc. (NASDAQ: RVYL) Releases Q1 2023 Financial Report, Corporate Update

May 23, 2023 13:15:30

RYVYL (NASDAQ: RVYL), a company that leverages the security of the blockchain and USD-pegged stablecoin technology with near-real-time attestation to conduct payment transactions, is reporting on its first-quarter 2023 financial results. According to the report, the company’s revenues came in at a record $11.3 million, a 169% increase over the same period in 2022. Other highlights of the report included processing volume for the quarter reached an estimated $565 million, a 381% increase from the prior year same period and FX and international payments business, including Transact Europe totaled $344 million in business volume for the quarter. The company also reported that during the quarter, it had engaged Kingswood Capital Markets as a placement agent and advisor in connection with the strategic spin-off of coyni as well as the $40 million public offering and NASDAQ uplisting; the company also acquired Logicquest, a shell company, for the transfer of coyni’s assets in order to facilitate the spin-off transaction and inked a partnership agreement with global payment solutions leader, Intercash, designed to expand the Banking-as-a-Service platform in Europe. In addition, the company reported that six global financial institutions have signed up for the Banking-as-a-Service (BAAS) solution. “We are pleased to report a record first quarter 2023 of $11.3 million, outstanding growth from the prior year of 169%,” the company stated in the press release. “The first quarter was not without its challenges. Uncertainty surrounding the banking sector, coupled with expectations for increased regulation of digital payments and general macroeconomic concerns were common themes. Yet, we delivered against this backdrop with our best quarter ever.”

To view the full press release, visit https://ccw.fm/kRzZW

About RYVYL

RYVYL was born from a passion for empowering a new way to conduct business-to-business, consumer-to-business and peer-to-peer payment transactions around the globe. By leveraging unique blockchain security and USD-pegged stablecoin technology with near real-time attestation, RYVYL is reinventing the future of financial transactions using its coyni(R) stablecoin platform as a transactional foundation. Since its founding as GreenBox POS in 2017, RYVYL has developed applications enabling an end-to-end suite of turnkey financial products with enhanced security and data privacy, world-class identity theft protection and rapid speed to settlement. As a result, the platform can log immense volumes of immutable transactional records at the speed of the internet for first-tier partners, merchants and consumers around the globe. For more information about the company, please visit www.GreenBoxPOS.com.

NOTE TO INVESTORS: The latest news and updates relating to RVYL are available in the company’s newsroom at https://ccw.fm/RVYL

About CryptoCurrencyWire (“CCW”)

CryptoCurrencyWire (CCW) is a financial news and content distribution company that provides (1) access to a network of wire services via InvestorWire to reach all target markets, industries and demographics in the most effective manner possible, (2) article and editorial syndication to 5,000+ news outlets (3), enhanced press release services to ensure maximum impact, (4) social media distribution via the Investor Brand Network (IBN) to nearly 2 million followers, (5) a full array of corporate communications solutions, and (6) a total news coverage solution with CCW Prime. As a multifaceted organization with an extensive team of contributing journalists and writers, CCW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. By cutting through the overload of information in today’s market, CCW brings its clients unparalleled visibility, recognition and brand awareness.

To receive instant SMS alerts, text CRYPTO to 77948 (U.S. Mobile Phones Only)

CryptoCurrency News Wire is where News, content and information converge via Crypto.

For more information, please visit https://www.cryptocurrencywire.com

Please see full terms of use and disclaimers on the CryptoCurrencyWire (CCW) website applicable to all content provided by CCW, wherever published or re-published: http://CCW.fm/Disclaimer

CryptoCurrencyWire (CCW)
New York, New York
www.cryptocurrencywire.com
212.994.9818 Office
Editor@CryptoCurrencyWire.com

CryptoCurrencyWire is part of the InvestorBrandNetwork.

Ripple Acquires Swiss-Based Crypto Startup as Crypto Rules Remain Murky

May 22, 2023 11:05:00

Blockchain company Ripple announced on Wednesday that it has acquired Swiss-based firm Metaco, a company that securely stores digital assets on behalf of clients, in an effort to increase its clientele globally and diversify its offerings. Though the terms weren’t made public, Ripple CEO Brad Garlinghouse revealed that the company spent $250 million for the deal, calling it the year’s largest acquisition.

Through the acquisition, Ripple will have access to the Harmonize infrastructure from Metaco as well as the capacity to safely hold, distribute and settle any kind of tokenized asset. In turn, Metaco has direct…

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About CryptoCurrencyWire

CryptoCurrencyWire (“CCW”) is a financial news and content distribution company that provides (1) access to a network of wire services via InvestorWire to reach all target markets, industries and demographics in the most effective manner possible, (2) article and editorial syndication to 5,000+ news outlets, (3) enhanced press release services to ensure maximum impact, (4) social media distribution via IBN (InvestorBrandNetwork) to nearly 2 million followers, and (5) a full array of corporate communications solutions As a multifaceted organization with an extensive team of contributing journalists and writers, CCW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. By cutting through the overload of information in today’s market, CCW brings its clients unparalleled visibility, recognition and brand awareness. CCW is where news, content and information about crypto converge.

To receive instant SMS alerts from CryptoCurrencyWire, text “CRYPTO” to 844-397-5787 (U.S. Mobile Phones Only)

For more information, please visit https://www.cryptocurrencywire.com

Please see full terms of use and disclaimers on the CryptoCurrencyWire website applicable to all content provided by CCW, wherever published or re-published: https://CCW.fm/Disclaimer

CryptoCurrencyWire (CCW)
New York, New York
www.cryptocurrencywire.com
212.994.9818 Office
Editor@CryptoCurrencyWire.com

CryptoCurrencyWire is part of the InvestorBrandNetwork.

G7 Members Urge for Expeditious Implementation of Cryptocurrency Asset Movement Regulations

May 19, 2023 09:35:00

A recent meeting was held in Niigata, Japan, by G7 committee members. The members gathered to talk about, among other things, the legal and financial repercussions of CBDCs and digital asset transfers. In a statement that summarized the deliberations, the committee emphasized its support for the creation of CBDCs, with the proviso that more research was required to make sure they were based on openness, data protection, cybersecurity and good economic governance.

In the statement, the committee expressed appreciation for the International Monetary Fund’s (IMF) efforts to create a CBDC Handbook and expressed anticipation for the first batch of deliverables to be released by the 2023 IMF and World Bank Group Annual Meetings, which are scheduled to take place in…

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About CryptoCurrencyWire

CryptoCurrencyWire (“CCW”) is a financial news and content distribution company that provides (1) access to a network of wire services via InvestorWire to reach all target markets, industries and demographics in the most effective manner possible, (2) article and editorial syndication to 5,000+ news outlets, (3) enhanced press release services to ensure maximum impact, (4) social media distribution via IBN (InvestorBrandNetwork) to nearly 2 million followers, and (5) a full array of corporate communications solutions As a multifaceted organization with an extensive team of contributing journalists and writers, CCW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. By cutting through the overload of information in today’s market, CCW brings its clients unparalleled visibility, recognition and brand awareness. CCW is where news, content and information about crypto converge.

To receive instant SMS alerts from CryptoCurrencyWire, text “CRYPTO” to 844-397-5787 (U.S. Mobile Phones Only)

For more information, please visit https://www.cryptocurrencywire.com

Please see full terms of use and disclaimers on the CryptoCurrencyWire website applicable to all content provided by CCW, wherever published or re-published: https://CCW.fm/Disclaimer

CryptoCurrencyWire (CCW)
New York, New York
www.cryptocurrencywire.com
212.994.9818 Office
Editor@CryptoCurrencyWire.com

CryptoCurrencyWire is part of the InvestorBrandNetwork.

CryptoNewsBreaks – RYVYL Inc. (NASDAQ: RVYL) Plans to Report on Q1 2023 Earnings Next Week

May 18, 2023 09:49:18

RYVYL (NASDAQ: RVYL), a company that leverages the security of the blockchain and USD-pegged stablecoin technology with near-real-time attestation to conduct payment transactions, has announced that it will release its first-quarter financial results on Monday, May 22, 2023. The company will also host an earnings webinar on that same day, beginning at 4:30 p.m. During the webinar, key executives will discuss the earnings results and answer questions. Those interested in accessing that event may dial 1-855-327-6837 in the United States or 1-631-891-4304 internationally. A recording of the call will also be available. Those interested in listening to that can dial 1-844-512-2921 within the United States or 1-412-317-6671 when calling internationally and enter access ID 10021850. An archived version of the webcast will also also be available on the company’s website.

To view the earnings webinar, visit https://ccw.fm/93uyW

To view the full press release, visit https://ccw.fm/ovIbc

About RYVYL

RYVYL was born from a passion for empowering a new way to conduct business-to-business, consumer-to-business and peer-to-peer payment transactions around the globe. By leveraging unique blockchain security and USD-pegged stablecoin technology with near real-time attestation, RYVYL is reinventing the future of financial transactions using its coyni(R) stablecoin platform as a transactional foundation. Since its founding as GreenBox POS in 2017, RYVYL has developed applications enabling an end-to-end suite of turnkey financial products with enhanced security and data privacy, world-class identity theft protection and rapid speed to settlement. As a result, the platform can log immense volumes of immutable transactional records at the speed of the internet for first-tier partners, merchants and consumers around the globe. For more information about the company, please visit www.GreenBoxPOS.com.

NOTE TO INVESTORS: The latest news and updates relating to RVYL are available in the company’s newsroom at https://ccw.fm/RVYL

About CryptoCurrencyWire (“CCW”)

CryptoCurrencyWire (CCW) is a financial news and content distribution company that provides (1) access to a network of wire services via InvestorWire to reach all target markets, industries and demographics in the most effective manner possible, (2) article and editorial syndication to 5,000+ news outlets (3), enhanced press release services to ensure maximum impact, (4) social media distribution via the Investor Brand Network (IBN) to nearly 2 million followers, (5) a full array of corporate communications solutions, and (6) a total news coverage solution with CCW Prime. As a multifaceted organization with an extensive team of contributing journalists and writers, CCW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. By cutting through the overload of information in today’s market, CCW brings its clients unparalleled visibility, recognition and brand awareness.

To receive instant SMS alerts, text CRYPTO to 77948 (U.S. Mobile Phones Only)

CryptoCurrency News Wire is where News, content and information converge via Crypto.

For more information, please visit https://www.cryptocurrencywire.com

Please see full terms of use and disclaimers on the CryptoCurrencyWire (CCW) website applicable to all content provided by CCW, wherever published or re-published: http://CCW.fm/Disclaimer

CryptoCurrencyWire (CCW)
New York, New York
www.cryptocurrencywire.com
212.994.9818 Office
Editor@CryptoCurrencyWire.com

CryptoCurrencyWire is part of the InvestorBrandNetwork.

Why Bitcoin Has Surged Amid Crypto Industry Challenges

May 17, 2023 09:35:00

In recent months, the cryptocurrency sector has experienced several setbacks, including bankruptcies, the arrest of FTX founder Sam Bankman-Fried and regulatory action against leading exchange Binance. But despite everything happening, the cost of Bitcoin, the largest crypto, has increased.

Bitcoin’s value has increased by 65% this year, outpacing the S&P 500’s 7% increase by a wide margin. Even the NASDAQ, a heavily weighted index for technology, has only produced a fraction of Bitcoin’s…

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About CryptoCurrencyWire

CryptoCurrencyWire (“CCW”) is a financial news and content distribution company that provides (1) access to a network of wire services via InvestorWire to reach all target markets, industries and demographics in the most effective manner possible, (2) article and editorial syndication to 5,000+ news outlets, (3) enhanced press release services to ensure maximum impact, (4) social media distribution via IBN (InvestorBrandNetwork) to nearly 2 million followers, and (5) a full array of corporate communications solutions As a multifaceted organization with an extensive team of contributing journalists and writers, CCW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. By cutting through the overload of information in today’s market, CCW brings its clients unparalleled visibility, recognition and brand awareness. CCW is where news, content and information about crypto converge.

To receive instant SMS alerts from CryptoCurrencyWire, text “CRYPTO” to 844-397-5787 (U.S. Mobile Phones Only)

For more information, please visit https://www.cryptocurrencywire.com

Please see full terms of use and disclaimers on the CryptoCurrencyWire website applicable to all content provided by CCW, wherever published or re-published: https://CCW.fm/Disclaimer

CryptoCurrencyWire (CCW)
New York, New York
www.cryptocurrencywire.com
212.994.9818 Office
Editor@CryptoCurrencyWire.com

CryptoCurrencyWire is part of the InvestorBrandNetwork.