CryptoNewsBreaks — 1Konto Announces Expansion of OTC Desk, Enhancing of White-Glove Service Experience

February 2, 2023 13:38:53

1Konto, a leading digital asset liquidity provider, is expanding its OTC desk. The company announced that the existing OTC desk, which was launched in June 2022, will now include G11 foreign currencies; the desk specializes in BTC, ETH, USDT and USDC paired with the U.S. dollar. The company also announced that is has enhanced its white-glove service experience. According to company officials, the expansion and enhancements will offer clients even more options for trading digital assets as well as a personalized touch. This announcement is an example of the company’s commitment to provide clients with the best possible service and competitive pricing.

“We are excited to expand our OTC desk to include G11 foreign currencies and enhance the white-glove client experience,” said 1Konto CEO Edwin Handschuh in the press release. “This expansion provides our clients with even more opportunities to seamlessly and efficiently trade digital assets at the best price, with deep liquidity, providing a top-notch experience.” 

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

About 1Konto

1Konto is a leading digital asset liquidity provider that offers advanced trading technology and liquidity solutions to its clients. The company is committed to providing its clients with the best possible service, competitive pricing and a white-glove experience. For more information, visit the company’s website at www.1Konto.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.

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Despite Carnage in Crypto Industry, Bitcoin Soared 40% This January

February 1, 2023 09:35:00

Bitcoin has had a great run with a near 40% rise this year, even after Genesis, a crypto lender declared bankruptcy months after FTX sunk in November. Let us decipher the driving force behind the cryptocurrency rally.

Most markets have their peak sales in January as money is deployed then by fund managers, according to industry insiders. This year has seen a rise in risk assets as NASDAQ registered an 8.8% gain. Bitcoin on the other hand was massively shorted after FTX caved in last year. This January during crypto’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.

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Five Industries Making Use of Blockchain Tech

January 27, 2023 09:35:00

Blockchain technology has introduced a peculiar system that seeks to solve a myriad of problems faced by various industries. Blockchain has the ability to tackle pertinent issues such as security, speed, transparency and in-between costs, enticing businesses across vast business platforms.

Of the said industries, here are five that are currently in the process of…

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NOTE TO INVESTORS: The latest news and updates relating to Tingo Inc. (OTC: TMNA) are available in the company’s newsroom at http://ibn.fm/TMNA

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 – BTCS Inc. (NASDAQ: BTCS) Moves to Dual List on Upstream

January 26, 2023 15:26:17

BTCS (NASDAQ: BTCS), a blockchain technology focused company, today announced that it has begun the application process to dual list its shares of common stock on Upstream, the trading app for digital securities and NFTs powered by Horizon Fintex and MERJ Exchange Limited. A pioneer in the blockchain industry, BTCS has consistently demonstrated its commitment to innovation. The planned dual listing on Upstream is a natural extension of this commitment and reflects the company’s belief in Ethereum and the potential of decentralized technologies to bring innovation to traditional financial markets. “We are excited to take this step and join the growing number of companies that are leveraging the power of Ethereum to unlock new opportunities and reach new audiences,” said Charles Allen, CEO of BTCS. “Upstream represents the next generation of financial platforms, and we believe that dual listing on this platform will help us to continue driving growth and value for our shareholders.”

To view the full press release, visit https://ccw.fm/KUH3l

About BTCS Inc.

BTCS Inc. is a Nasdaq-listed company operating in the blockchain technology space since 2014 and is one of the first U.S. publicly traded companies with a primary focus on blockchain infrastructure and staking. BTCS secures and operates validator nodes on disruptive next-generation blockchain networks that power Web 3, earning native token rewards by staking its proof-of-stake digital assets. StakeSeeker is BTCS’ newly introduced proprietary cryptocurrency dashboard and staking-as-a-service platform, developed to empower users to better understand and grow their crypto holdings with innovative portfolio analytics and a non-custodial process to earn staking rewards on digital asset holdings. Users can easily link and monitor their cryptocurrency portfolios across exchanges, wallets, validator nodes and other sources, as well as have access to a suite of data analytic tools such as performance and reward tracking. StakeSeeker’s Staking Hub allows users to earn rewards by participating in network consensus mechanisms by staking and delegating their cryptocurrencies to company-operated validator nodes for a growing number of supported blockchains. As a non-custodial validator operator, BTCS will receive a percentage of token holders staking rewards generated as a validator node fee, creating the potential opportunity for a highly scalable business with limited additional costs. For more information visit www.BTCS.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

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New FTX Chief Mulls Reviving the Exchange

January 25, 2023 10:20:00

The current chief executive of the bankrupt FTX exchange, John Ray, is looking into bringing back the defunct crypto platform. He spoke to the Wall Street Journal (WSJ) saying he intends to set up a task force to explore reviving FTX.com.

FTX was valued at $32 billion before it went belly up and filed for bankruptcy protection in November last year. Presently, FTX stands at $8 billion in losses. Bankman-Fried, the founder and previous chief executive, has been under fire for allegedly defrauding FTX’s clients and investors to pay off debts 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

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California Cannabis Producer Uses Blockchain to Track Produce

January 23, 2023 08:05:00

A cannabis nursery based in Mendocino County, California, has adopted the use of blockchains as well as smart contracts to authenticate its medicinal herbs. Called Mendocino Clone, the nursery was mentioned in a partnership project with EMTRI and tech company Global Compliance Applications earlier this month. It now has the power to harness the blockchain capabilities of the project to be able to ratify all clones or plants from its inception stages using a batch certificate.

Cannabis nursery establishments specialize in plant biology (genetics), cloning of the plants, and recording shoots and seeds for wholesale distribution purposes. This move gives room for nurseries to collect data beginning at the inception stages of a cannabis plant through when 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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CryptoCurrencyWire is part of the InvestorBrandNetwork.

CryptoNewsBreaks – Upstream’s Stance to ‘Optimize Compliance, Not Replace It’ Featured in New Article

January 20, 2023 15:41:29

In a new article, Upstream shines the spotlight on Genesis and Gemini’s SEC charges and the risks of unregulated securities. “Last week, it was reported that through their cryptocurrency loan program, Gemini Earn, Genesis Global Capital LLC, and Gemini Trust Company LLC were charged by the Securities and Exchange Commission ‘SEC’ for soliciting and selling unregistered securities to 340,000 retail investors… It will be eye-opening to see how the two firms and the crypto market as a whole respond to these crackdowns. Much of the industry is still operating in a legal gray area. This news and the overall state of the market continue to generate louder calls for clearer regulatory standards for the blockchain industry. At the end of last year, a national survey from Grayscale, conducted by The Harris Poll on its behalf, found that 81% surveyed agreed there should be clearer cryptocurrency industry regulation,” reads the piece, written by Anastasia Samaras. The article further explains that companies would do well to take a proactive approach to compliance and delves into the distinction with Upstream. “Upstream’s methodology has always tended to achieve a harmonious balance between traditional and digital market structures. We set out to use technologies to optimize compliance, not replace it, which is proving to be paramount.”

To view the full press release, visit https://ccw.fm/2sC5a

About Upstream

Upstream’s trading ecosystem is positioned to lead the next generation of blockchain-powered exchanges. Further, Upstream believes that platforms that are forward-thinking when it comes to the changing regulatory landscape will come out on top. Join the future of trading at https://upstream.exchange/.

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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Editor@CryptoCurrencyWire.com

CryptoCurrencyWire is part of the InvestorBrandNetwork.

US Legislators Form First-Ever Subcommittee Focused on Digital Assets

January 20, 2023 11:05:00

The committee on financial services in the House has created a maiden subcommittee on digital assets, said chair Patrick McHenry. “This creates a fertile ground for a legal framework encapsulating digital assets,” commented Congressman French Hill, the leader of the digital asset committee. He also said that America has matured now to become a forerunner in this type of innovation, and he noted that the country needs to provide protection to the consumers and investors.

Some of the tasks assigned to the first-ever digital assets subcommittee include the following…

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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 Blockchain Tech Could Transform Transborder Payments 

January 13, 2023 08:05:00

Blockchain technology has the capacity to remarkably change how multilateral payments are done. Presently, transborder payments are unhurried and costly because a series of intermediaries are involved, coupled with compounded regulatory demands. Blockchain technology can essentially regulate this process and quicken it, thereby making it cheaper, and more efficient. 

A way to change crossborder blockchain payments would be to decrease the number of middlemen involved. At present, transborder payments pass through several banks and a number of checkout processes among other mediators before arriving at 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.

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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CryptoNewsBreaks – IBN to Shine the Spotlight on Web3 and Blockchain at Quantum Miami

January 12, 2023 13:26:06

IBN (“InvestorBrandNetwork”), an innovative corporate communications firm and content distributor, has announced its collaboration with Quantum Events on the occasion of its flagship Web3 and blockchain conference — Quantum Miami. The event is slated to take place on Jan. 25 – 27, 2023, at the iconic James L. Knight Center in Miami, Florida. Serving as the media sponsor for the event, IBN is deploying its extensive array of corporate communications solutions to heighten the visibility and recognition of the conference by leveraging its stream of exclusive digital channels and full-scale media distribution capabilities. “Quantum Miami offers extensive insight into the worlds of Web3 and blockchain technology, while facilitating fresh and exciting partnerships,” said Jonathan Keim, communications director for IBN. “We always enjoy working alongside the team at Quantum Events and driving further audience engagement via our well-established network.”

To view the full press release, visit https://cnw.fm/i8e5t

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)
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CryptoNewsBreaks – Quantum Miami to Showcase New Investment Models, Strategies and Budding Entrepreneurs in Crypto, Blockchain and Web3

January 11, 2023 13:16:46

Quantum Events, the world’s premier conference production company, today announced that it will host its flagship web3 and blockchain conference, Quantum Miami, in a hybrid format at the James L. Knight Center in Miami, Florida, on Jan. 25 – 27, 2023. For Quantum Miami, the team behind the production of world-renowned events such as The North American Bitcoin Conference 2022 (BTC Miami) and Fantom DC will bring together education, inspiration, community, fun and culture all under one roof. The agenda will feature thought-provoking conversations and critical debates, in a variety of interactive formats including panels, keynotes, demos and activations on the issues that matter most. At the event, industry veterans will share insight and further the global discussion on new investment models, protection strategies and sector breakthroughs. In addition, the conference will host a highly anticipated Shark Tank -style pitch contest that will shine the spotlight on budding entrepreneurs from the world of crypto, blockchain and web3 startup enterprises.

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

About Quantum Events

Quantum Events is the world’s premier conference production company, bringing together education, inspiration, community, fun, and culture — all in one place. It offers a platform for the pioneers who risk more than others think is safe and the revolutionaries who dream bigger than others think is practical. Quantum Events unites rebels, thought leaders and revolutionaries to discuss, debate, disrupt, and define the future of entire industries. The people and projects doing their part to dent the universe will always have a home on the Quantum Events stage, in its spotlight and in its audience. The company is 100% committed to providing the platform for people and projects that are shaping the future of the entire web3 ecosystem.

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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Editor@CryptoCurrencyWire.com

CryptoCurrencyWire is part of the InvestorBrandNetwork.

Report Shows Binance Now Commands 67% of Crypto Trading Activity

January 11, 2023 08:05:00

The world’s leading cryptocurrency exchange, Binance, remains firmly at the helm, closing 2022 with a 66.7% command of the trading market, in comparison to 48.7% at the beginning of the year. In a report by CryptoCompare, Binance took 66.7% of the market trading pie as far as centralized crypto exchanges are concerned at the end of 2022, after the FTX collapse. FTX was the company’s greatest rival.

An analysis found that Binance’s market share rise emerged even as the platform experienced a 45% decline in its trading volume. OKX and Coinbase Global Inc. (NASDAQ: COIN) shared the trading floor at…

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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 – Bit Digital Inc. (NASDAQ: BTBT) Reports on December 2022 Monthly Production

January 9, 2023 12:47:23

Bit Digital Inc. (NASDAQ: BTBT), a digital asset mining company headquartered in New York, has released Bitcoin production report along with corporate updates for December 2022. Highlights of the report include news that the company earned 130 Bitcoins, which is a 10% decrease compared to the prior month; the announcement noted that the decline in production was primarily driven by planned curtailment activities at designated locations. Treasury holdings at the end of the month were BTC of 946.6 and ETH of 8,799.9 with a fair market value of approximately $15.7 million and $10.5 million, respectively. The report also noted that “the BTC equivalent of our digital asset holdings as of December 31, 2022, (defined as if all ETH, sETH-H and USDC holdings were converted into BTC as of that date and added to our BTC holdings) was approximately 1,765.8. . . . . Thirty-five percent of the company’s Bitcoin mining fleet, or 13,595 Bitcoin miners representing 1.23 EH/s, was actively hashing in North America as of December 31, 2022.”

To view the full press release, visit https://ccw.fm/TyJr7

About Bit Digital Inc.

Bit Digital is a bitcoin mining company headquartered in New York City. The company’s mining operations are located in North America. For additional information about this company, visit www.Bit-Digital.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.

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CryptoNewsBreaks – HIVE Blockchain Technologies Ltd. (NASDAQ: HIVE) (TSX.V: HIVE) (FSE: HBFA) Issues December 2022 Production Update

January 9, 2023 12:37:11

HIVE Blockchain Technologies (NASDAQ: HIVE) (TSX.V: HIVE) (FSE: HBFA) today announced production figures from its global bitcoin (“BTC”) operations for the month of December 2022 and the calendar year 2022. The company reportedly produced 213.8 bitcoin in December, plus USD $3.15 million of income from its energy price hedging and grid balancing strategy. Additionally, HIVE produced crypto assets with a value of 4,752 bitcoin (based on daily average price of BTC) in 2022, which is an 18% increase from the prior year. “We are very happy to be producing over 213 bitcoin this month, while also earning over USD $3 million this month from our grid balancing and energy sale initiatives,” said HIVE Executive Chairman Frank Holmes. “HIVE was the first public crypto mining company to set up an energy price hedging and grid balancing strategy. Our strategy to manage volatile energy prices and provide a standby agreement with the utility company has been active for the past couple of years in Sweden. HIVE is a key player in the great digital transformation wave, from being the first public company to mine digital assets, to having a green strategy, and to innovate with additional revenue streams. Our agile leadership style is focused on being innovative and quick to pivot since we mine digital assets that are extremely volatile. In addition to the European partnerships we have, our internal technical team has developed proprietary software to manage our fleet of ASIC miners across three countries.”

To view the full press release, visit https://ccw.fm/f4GgH

About HIVE Blockchain Technologies Ltd.

HIVE Blockchain Technologies went public in 2017 as the first cryptocurrency mining company with a green energy and ESG strategy. HIVE is a growth-oriented technology stock in the emergent blockchain industry. As a company whose shares trade on a major stock exchange, it is building a bridge between the digital currency and blockchain sector and traditional capital markets. HIVE owns state-of-the-art, green energy-powered data centre facilities in Canada, Sweden and Iceland, where it endeavours to source only green energy to mine digital assets such as bitcoin on the cloud. Since the beginning of 2021, HIVE has held in secure storage the majority of its treasury of ETH and BTC derived from mining rewards. The company’s shares provide investors with exposure to the operating margins of digital currency mining, as well as a portfolio of cryptocurrencies, primarily BTC. Because HIVE also owns hard assets such as data centers and advanced multi-use servers, it believe its shares offer investors an attractive way to gain exposure to the cryptocurrency space. For more information and to register to HIVE’s mailing list, please visit www.HIVEBlockchain.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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CryptoNewsBreaks – AmeriCann Inc. (ACAN) Announces Record Fiscal Year-End and Quarterly Results

January 9, 2023 12:12:57

AmeriCann (OTCQB: ACAN), a cannabis company that develops state-of-the-art cultivation, product manufacturing and distribution facilities, today released financial and operational results for its fiscal year and quarter ending September 2022. “Our focus on cost efficiency has produced some of the strongest adjusted operating EBITDA margins in the industry,” said CFO Ben Barton. “We look forward to investing the cash flow we are generating to further expand operations at the Massachusetts Cannabis Center and to produce even better financial results for shareholders.”

To view the full press release, visit https://cnw.fm/zpqDk

About AmeriCann Inc.

AmeriCann is a cannabis company that develops cultivation, processing and product manufacturing facilities. AmeriCann uses greenhouse technology, which is superior to the current industry standard of growing cannabis in warehouse facilities under artificial lights. According to industry experts, by capturing natural sunlight, greenhouses use 25% fewer lights, and utility bills are reduced by as much as 75% compared to typical warehouse cultivation facilities. As such, AmeriCann’s Cannopy System enables cannabis to be produced with a greatly reduced carbon footprint, making the final product less expensive. Additionally, greenhouse construction costs are nearly half of warehouse construction costs. AmeriCann is also designing GMP Certified cannabis extraction and product manufacturing infrastructure. The company has secured provisional licenses to produce cannabis-infused products including beverages, edibles, topicals and concentrates. AmeriCann plans to operate a marijuana product manufacturing business at the Massachusetts Cannabis Center. For more information about the company, visit www.AmeriCann.co.

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

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World Economic Forum Sees Blockchain, Crypto as Vital in Global Economy

January 9, 2023 08:05:00

The World Economic Forum (WEF) recently published an article outlining the crypto industry’s prospects. According to the report, the technology underlying crypto and other digital assets will continue to be an important player in the contemporary economy. The WEF specifically emphasized the multiple uses of blockchain and cryptography, stating that their prominence in the finance industry is already evident.

According to the report, investors should pay attention to what large banks and established financial services companies do rather than what they say to assess the viability of digital assets and blockchain at the heart of financial services as well as other sectors of the global economy. The report also states…

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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.

Five Tech Predictions for 2023

January 6, 2023 08:05:00

While future predictions should be made with caution, Euronews Next has highlighted several major tech trends that will be prevalent in 2023. The metaverse bubble hype appears to have given way to AI, while cryptocurrency prices continue to fall amid numerous controversies and economic pressure and the tech sector has been severely impacted by mass job cuts.

Crypto prices

Last year’s crypto prices were heavily impacted by difficult economic conditions. For starters, the third-largest crypto exchange, FTX, which was headed by Sam Bankman-Fried, spectacularly collapsed, shocking the sector as a whole. It occurred at a time when the total value 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

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CryptoNewsBreaks – Marathon Digital Holdings Inc. (NASDAQ: MARA) Announces December 2022 BTC Production, Mining Operation Updates

January 5, 2023 13:20:55

Marathon Digital Holdings (NASDAQ: MARA), a leader in supporting and securing the bitcoin ecosystem, today released unaudited bitcoin (“BTC”) production and miner installation updates for December 2022. “In 2022, we made significant progress in increasing our hash rate while also transitioning to more sustainable power sources,” said Fred Thiel, Marathon’s chairman and CEO. “Despite challenges earlier in the year, we doubled our hash rate to 7.0 exahashes per second year-over-year, with a majority of it now located at the King Mountain wind farm in West Texas. We finished the year with one of our most productive quarters to date, producing 1,562 bitcoin in the fourth quarter… In December, we expanded our agreement with Applied Digital to deploy roughly 12,000 S19 XPs, which are approximately 30% more energy efficient than the prior generation of servers, at their Jamestown facility in North Dakota… We also took proactive measures to strengthen our liquidity position and enhance the performance of our mining fleet.”

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

About Marathon Digital Holdings Inc.

Marathon is a digital asset technology company that focuses on supporting and securing the bitcoin ecosystem. The company is currently in the process of becoming one of the largest and most sustainably powered bitcoin mining operations in North America, while remaining asset light. For more information about the company, visit www.MarathonDH.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

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CryptoNewsBreaks — Stronghold Digital Mining Inc. (NASDAQ: SDIG) to Extinguish Convertible Notes Through Exchange Agreement

January 3, 2023 15:06:32

Stronghold Digital Mining (NASDAQ: SDIG)a vertically integrated Bitcoin mining company with an emphasis on environmentally beneficial operations, has entered into an exchange agreement with the holders of the company’s amended and restated 10% notes. According to the announcement, the result is that the approximately $17.9 million of outstanding principal amount of debt and interest will be extinguished in exchange for shares of a new series of convertible preferred stock; the face value of the new shares will total an estimated $23.1 million. The closing, which is subject to customary conditions, will occur as soon as practicable following the satisfaction or waiver but no later than Feb. 20, 2023. “We are pleased to announce another deleveraging transaction that is expected to materially reduce our debt, strengthen our balance sheet and improve our liquidity position,” said Stronghold Digital Mining cochair and CEO Greg Beard in the press release. “We acknowledge the significant number of shares of common stock that could be issued as a result of the exchange agreement, but we believe this is necessary to preserve cash, reduce our financial obligations and better position the company to survive a potentially prolonged crypto market downturn. Following the closing of the exchange agreement, which is currently expected to occur in February 2023, the company expects to have less than $55 million in total principal amount of debt outstanding. We believe that the transaction will also create comprehensive equity alignment among existing Stronghold shareholders and the noteholders, which is critical in this time of stress on the industry.”

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

About Stronghold Digital Mining Inc. 

Stronghold is a vertically integrated Bitcoin mining company with an emphasis on environmentally beneficial operations. Stronghold houses its miners at its wholly owned and operated Scrubgrass Plant and Panther Creek Plant, both of which are low-cost, environmentally beneficial coal refuse power generation facilities in Pennsylvania. For more information about the company, please visit www.StrongholdDigitalMining.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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CryptoCurrencyWire is part of the InvestorBrandNetwork

CryptoNewsBreaks – Riot Platforms Inc. (NASDAQ: RIOT) Announces Rebranding to Reflect Its Corporate Vision

January 3, 2023 15:01:42

Riot Platforms (NASDAQ: RIOT) (formerly Riot Blockchain Inc.), an industry leader in Bitcoin mining and data center hosting, today announced the rebranding of its corporate name from Riot Blockchain Inc. to Riot Platforms Inc. The move underpins the company’s growth strategy to continue expanding its increasingly diversified business operations and reflects a renewal of its corporate vision to become the world’s leading Bitcoin-driven infrastructure platform. “This is a significant milestone for Riot and comes as a result of our unique strategic position in the market,” said Jason Les, CEO of Riot. “Our successful acquisitions of Whinstone U.S., which developed and operates North America’s largest dedicated Bitcoin mining data center facility, and ESS Metron, which enhanced our electrical component engineering and supply chain capabilities, have formed the foundation on which our teams have built, and will continue to develop, business platforms for further growth. The scope and scale of our businesses continues to expand, and this rebranding better reflects our position as strategic allocators of capital to increasingly broaden the scope of our Bitcoin-focused operations.”

To view the full press release, visit https://ccw.fm/4K1m2

About Riot Platforms Inc.

Riot’s vision is to be the world’s leading Bitcoin-driven infrastructure platform. The company’s mission is to positively impact the sectors, networks and communities that it touches.  Riot believes that the combination of an innovative spirit and strong community partnership allows the company to achieve best-in-class execution and create successful outcomes. Riot is a Bitcoin mining and digital infrastructure company focused on a vertically integrated strategy. The company has Bitcoin mining data center operations in central Texas, Bitcoin mining operations in central Texas, and electrical switchgear engineering and fabrication operations in Denver, Colorado. For more information, visit www.RiotPlatforms.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

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Four Possible Crypto Trends to Watch in 2023

December 29, 2022 10:20:00

A recent report released by Steven Goulden, a senior analyst at Cumberland, has identified a number of “green shoots” that could emerge in the cryptocurrency market in 2023 in spite of this year’s turbulent cryptocurrency collapses and price drops. Goulden highlights four new trends in the report, titled “Year in Review,” that in the next two years will significantly advance the cryptocurrency market.

These trends include Web3 apps and games becoming genuinely popular, NFTs being the go-to approach for tokenizing a brand’s IP, and Bitcoin and Ether possibly being adopted as a nation’s…

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NOTE TO INVESTORS: The latest news and updates relating to Tingo Inc. (OTC: TMNA) are available in the company’s newsroom at http://ibn.fm/TMNA

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 – Upstream Announces Significant Milestones in 2022

December 27, 2022 12:53:13

Upstream, the revolutionary trading app for digital securities and NFTs powered by Horizon Fintex (“Horizon”) and MERJ Exchange Limited (“MERJ”), recently reported its largest milestones of 2022. The announcement highlighted a considerable year for Upstream, which worked to usher in the future of trading. “We are very proud of what the Upstream and Horizon team has accomplished in 2022. We have launched multiple NFTs, expanded our ecosystem with great minds in the entertainment industry, introduced new features, and began taking applications for dual listings,” Fernanda De La Torre writes in the update. “We expect to continue to grow in 2023 and bring even more solutions to the web3 space!”

To view the full announcement, visit https://ccw.fm/KIfQP

About Upstream

Upstream, a MERJ Exchange Market (merj.exchange), is a fully regulated global stock exchange for digital securities and NFTs. Powered by Horizon’s Ethereum-L2 matching engine technology, the platform enables users to trade NFTs, and invest in securities for IPOs, crowdfunded companies, U.S. and international equities, and celebrity ventures using the Upstream app. For more information, please visit www.Upstream.exchange.

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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CryptoNewsBreaks – Bit Digital Inc. (NASDAQ: BTBT) Begins Ethereum Staking Operations, Enters Partnership

December 27, 2022 11:45:32

Bit Digital Inc. (NASDAQ: BTBT), a digital asset mining company headquartered in New York, has officially begun Ethereum staking operations. The company announced that it plans to delegate, or stake, its ETH holdings to an Ethereum validator node in order to help secure and strengthen the blockchain network; the announcement also noted that stakers will be compensated for this commitment in the form of a reward of the native network token. In addition to beginning operations, the company has entered a new partnership with Blockdaemon, the leading institutional-grade blockchain infrastructure company for node management and staking. The partnership calls for Bit Digital to also participate in liquid staking via Portara, the first-of-its-kind liquid staking protocol developed by Blockdaemon and StakeWise. Liquid staking is designed to enable participants to reach greater capital efficiency by using staked ETH as collateral as well as withdraw from staked positions earlier than natively possible by trading staked ETH tokens on the secondary market. Portara ensures that users can only interact with verified counterparties. The company also reported that, as of Dec. 20, 2022, it had 7,904 ETH and 2,004 sETH-h with a combined worth of approximately $12.1 million. “We are excited to expand from our core bitcoin mining business into validating transactions on the Ethereum blockchain,” said Bit Digital CEO Bryan Bullett in the press release. “This diversification into another blue-chip digital asset ecosystem carries the goal of creating a new, predictable, and recurring stream of digital rewards. To be clear, we will continue to invest in and opportunistically expand our mining operations. Together, we believe Bitcoin mining and ETH staking are complementary business lines that will enhance our overall margin and return profiles. It’s an exciting development for Bit Digital and one that we ultimately believe will maximize value for all stakeholders.”

To view the full press release, visit https://ccw.fm/k7zVx

About Bit Digital Inc.

Bit Digital is a bitcoin mining company headquartered in New York City. The company’s mining operations are located in North America. For additional information about this company, visit www.Bit-Digital.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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CryptoNewsBreaks – BIT Mining Limited’s (NYSE: BTCM) BTC.com Experiences Cyberattack

December 27, 2022 11:35:52

BIT Mining (NYSE: BTCM), a leading technology-driven cryptocurrency mining company, has announced that its subsidiary, BTC.com, experienced a cyberattack on Dec. 3, 2022. According to the update, certain digital assets were stolen in the cyberattack, including approximately US$700,000 in asset value owned by BTC.com’s clients and approximately US$2.3 million in asset value owned by the company. The company will devote considerable efforts to recover the stolen digital assets and has reported the incident to law enforcement authorities in Shenzhen, China. Due to local and internal coordination within the company, some of BTC.com’s digital assets have already been secured. On Dec. 23, 2022, authorities launched an investigation, began collecting evidence, and requested assistance from and coordination with relevant agencies.

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

About BIT Mining Limited

BIT Mining is a leading technology-driven cryptocurrency mining company with a long-term strategy to create value across the cryptocurrency industry. Its business covers cryptocurrency mining, mining pool, data center operation and miner manufacturing. The company owns the world’s top blockchain browser BTC.com and the comprehensive mining pool business operated under BTC.com, providing multicurrency mining services, including BTC, ETH and LTC. The company also owns a 7-nanometer cryptocurrency mining machine manufacturer, Bee Computing, enabling the company’s self-efficiency through vertical integration with its supply chain.

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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Editor@CryptoCurrencyWire.com

CryptoCurrencyWire is part of the InvestorBrandNetwork

UNHCR Starts Pilot Blockchain-Based Payment System for Ukraine War Victims

December 27, 2022 08:05:00

The United Nations Refugee Agency (UNHCR) recently unveiled a blockchain payment solution for the distribution of digital cash to Ukrainians impacted by the ongoing Russian invasion in collaboration with the Stellar Development Foundation, a company that supports Stellar, the blockchain network.

In a statement issued on Dec. 15, 2022, the agency stated that it was among the first to pilot the new Stellar-based aid disbursement solution, alongside the United Nations International Computing Centre (UNICC). According to the refugee agency, using the Stellar-based cash disbursement system ensures…

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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.

CryptoNewsBreaks – HIVE Blockchain Technologies Ltd. (NASDAQ: HIVE) (TSX.V: HIVE) (FSE: HBF) Announces Results from Shareholder Meeting, Strategic Acquisitions

December 22, 2022 12:22:29

HIVE Blockchain Technologies (NASDAQ: HIVE) (TSX.V: HIVE) (FSE: HBF) today announced that all resolutions considered at its 2022 annual meeting of shareholders on Dec. 20, 2022, were approved by its shareholders. The company also provided a corporate update for its fiscal third quarter ending Dec. 31, 2022. Among the resolutions, shareholders present in person or represented by proxy at the meeting approved/re-approved all director nominees, which were duly elected or re-elected to HIVE’s board of directors, as well as the company’s stock option plan. In addition, the company announced acquisitions of Bitmain Antminer S19j Pro ASIC miners at opportunistic prices, with the move intended to take HIVE to target three exahash in the New Year.

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

About HIVE Blockchain Technologies Ltd.

HIVE Blockchain Technologies went public in 2017 as the first cryptocurrency mining company with a green energy and ESG strategy. HIVE is a growth-oriented technology stock in the emergent blockchain industry. As a company whose shares trade on a major stock exchange, it is building a bridge between the digital currency and blockchain sector and traditional capital markets. HIVE owns state-of-the-art, green energy-powered data centre facilities in Canada, Sweden and Iceland, where it endeavours to source only green energy to mine digital assets such as bitcoin on the cloud. Since the beginning of 2021, HIVE has held in secure storage the majority of its treasury of ETH and BTC derived from mining rewards. The company’s shares provide investors with exposure to the operating margins of digital currency mining, as well as a portfolio of cryptocurrencies, primarily BTC. Because HIVE also owns hard assets such as data centers and advanced multi-use servers, it believe its shares offer investors an attractive way to gain exposure to the cryptocurrency space. For more information and to register to HIVE’s mailing list, please visit www.HIVEBlockchain.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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Editor@CryptoCurrencyWire.com

CryptoCurrencyWire is part of the InvestorBrandNetwork

Victory for NFT, Crypto App Developers as Apple Complies with EU Laws

December 21, 2022 10:20:00

Following the new anti-monopoly law of the European Union, Apple intends to allow apps from third-party app stores to operate on its devices, which could mean significant gains for developers of NFT and cryptocurrency apps in the Europe region.

A Bloomberg report released on Dec. 13, 2022, stated that European customers can install substitute apps outside of Apple’s exclusive app store under the new regulations, eventually enabling users to install…

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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.

Bitcoin Hits $17,700 as November CPI Data Shows Cool Down in Inflation

December 19, 2022 08:05:00

Bitcoin prices increased by more than 5% on Dec. 13, 2022, after the Bureau of Labor Statistics reported that the Consumer Price Index (CPI) was up by 0.1%. November’s CPI reading was 7.1%, implying that inflation will remain moderate despite soaring interest rates from the Federal Reserve System.

The CPI announcement sparked excitement in the crypto market, but the excitement faded later in the day as investors realized that inflation is still three times above the Fed’s 2% target. Crypto traders have been closely monitoring the monthly inflation report for clues on whether the Fed’s tightening 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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Editor@CryptoCurrencyWire.com

CryptoCurrencyWire is part of the InvestorBrandNetwork.

Adoption of Blockchain Technology Could Be Answer to 5G Fraud

December 16, 2022 09:35:00

The telecommunications industry is seeing an increase in phishing attacks as the industry transitions to 5G services, underscoring the need for better security measures. According to a report by the Economic Times, India, which is the second-largest smartphone consumer country, is already facing a rise in the level of telecom-related fraud.

Consumers are eager to use advanced internet services following the commercial rollout of 5G, and fraudsters are exploiting this opportunity to commit telecom financial fraud. The scammers, impersonating telecom employees, send phony emails or texts, promising users a free upgrade 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.

Four Ways Blockchain Technology Supports the Real Estate Industry

December 14, 2022 08:05:00

It’s no surprise that the adoption of blockchain applications in the world’s most profitable industries is reshaping the global economy. Businesses and customers alike have recognized the massive potential of blockchain technology and are incorporating it into their daily operations.

One sector that appears to have lagged is real estate and property management. The $11.4 trillion industry has been relatively slow to adopt blockchain applications. With recent developments, however, the industry is steadily revolutionizing how sellers, buyers, stakeholders and investors gain…

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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
212.994.9818 Office
Editor@CryptoCurrencyWire.com

CryptoCurrencyWire is part of the InvestorBrandNetwork.

CryptoNewsBreaks – BIT Mining Limited (NYSE: BTCM) to Implement ADS Ratio Change

December 13, 2022 10:43:40

BIT Mining (NYSE: BTCM), a leading technology-driven cryptocurrency mining company, has announced that it plans to change the ratio of its American Depositary Shares (“ADSs”) to its Class A ordinary shares (the “ADS Ratio”), par value US$0.00005 per share. The change is from the current ADS Ratio of one (1) ADS to ten (10) Class A ordinary shares, to a new ADS Ratio of one (1) ADS to one hundred (100) Class A ordinary shares (the “ADS Ratio Change”). BIT Mining anticipates that the ADS Ratio Change will be effective on or about Dec. 23, 2022. For holders, the ADS Ratio Change will have the same effect as a one-for-ten reverse share split. BIT Mining’s ADSs will continue to be traded on the New York Stock Exchange under the BTCM ticker symbol.

To view the full press release, visit https://ccw.fm/W9LNY

About BIT Mining Limited

BIT Mining is a leading technology-driven cryptocurrency mining company with a long-term strategy to create value across the cryptocurrency industry. Its business covers cryptocurrency mining, mining pool, data center operation and miner manufacturing. The company owns the world’s top blockchain browser BTC.com and the comprehensive mining pool business operated under BTC.com, providing multicurrency mining services, including BTC, ETH and LTC. The company also owns a 7-nanometer cryptocurrency mining machine manufacturer, Bee Computing, enabling the company’s self-efficiency through vertical integration with its supply chain.

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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Editor@CryptoCurrencyWire.com

CryptoCurrencyWire is part of the InvestorBrandNetwork

iPod Creator Designs Device to Store Crypto Assets

December 12, 2022 08:05:00

French startup Ledger launched a new hardware wallet at the firm’s yearly Ledger event, held on Dec. 6, 2022. The new crypto wallet, known as Ledger Stax, was designed by Tony Fadell, the creator of the iPod, and is intended to allow people to deposit or exchange a range of tokens, including Bitcoin, Cardano, Ethereum, Solana and NFTs.

Ledger Stax resembles a miniaturized phone or even credit card reader. It is similar in size to a credit card, measuring 85 mm long and 54 mm wide, and weighing 45 grams. The Ledger Stax has a black and white electronic ink display that wraps around the spine and covers the front, allowing users to easily view…

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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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Editor@CryptoCurrencyWire.com

CryptoCurrencyWire is part of the InvestorBrandNetwork.

CryptoNewsBreaks – IBN, Upstream Enter Strategic Media Collaboration

December 9, 2022 14:27:49

IBN (“InvestorBrandNetwork”), an innovative corporate communications firm and content syndication platform, today announced a collaboration with Upstream, the revolutionary trading app for digital securities and NFTs powered by Horizon Fintex (“Horizon”) and MERJ Exchange Limited (“MERJ”). According to the announcement, the collaboration intends to raise visibility for the influx of issuers listing on Upstream’s blockchain-powered market. “Upstream has seen an uptick in dual listing applications from NASDAQ, NYSE, OTC, and other international issuers eager to access a global audience who can trade U.S. equities using digital currency and other streamlined payment methods,” said Mark Elenowitz, co-founder of Upstream. “Collaborating with a modern firm like IBN provides our issuers with increased visibility around their listings and the opportunities Upstream’s blockchain-powered platform facilitates.”

To view the full press release, visit https://ccw.fm/3XZC2

About Upstream

Upstream, a MERJ Exchange Market (merj.exchange), is a fully regulated global stock exchange for digital securities and NFTs. Powered by Horizon’s Ethereum-L2 matching engine technology, the platform enables users to trade NFTs, and invest in securities for IPOs, crowdfunded companies, U.S. and international equities, and celebrity ventures using the Upstream app. For more information, please visit www.Upstream.exchange.

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 – HIVE Blockchain Technologies Ltd. (NASDAQ: HIVE) (TSX.V: HIVE) (FSE: HBFA) Issues November 2022 Production Update

December 9, 2022 13:34:16

HIVE Blockchain Technologies (NASDAQ: HIVE) (TSX.V: HIVE) (FSE: HBFA) today announced production figures from the company’s global bitcoin operations for the month of November 2022. Among the highlights, HIVE reportedly produced 264 bitcoin in the month of November, from ASIC and GPU mining operations, with a monthly average hashrate of 2.51 exahash, representing an average of 105 bitcoin per exahash. “In November, we continued to face several external macro forces, which increased market turbulence due to the contagion concerns caused by the FTX implosion, rising interest rates and pronouncements by various governments on energy concerns,” said Darcy Daubaras, CFO of HIVE. “In response, we took a conservative strategy with our balance sheet and strengthened our liquidity position by selling some bitcoin. We do not control these volatile external risks, but we can control how we adapt. We also began improving the efficiency of our mining fleet with new and more energy efficient equipment purchases, which will provide more room for profitability, countering the effects of rising energy costs, rising global bitcoin mining difficulty since September and bitcoin prices that have remained low.”

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

About HIVE Blockchain Technologies Ltd.

HIVE Blockchain Technologies went public in 2017 as the first cryptocurrency mining company with a green energy and ESG strategy. HIVE is a growth-oriented technology stock in the emergent blockchain industry. As a company whose shares trade on a major stock exchange, it is building a bridge between the digital currency and blockchain sector and traditional capital markets. HIVE owns state-of-the-art, green energy-powered data centre facilities in Canada, Sweden and Iceland, where it endeavours to source only green energy to mine digital assets such as bitcoin on the cloud. Since the beginning of 2021, HIVE has held in secure storage the majority of its treasury of ETH and BTC derived from mining rewards. The company’s shares provide investors with exposure to the operating margins of digital currency mining, as well as a portfolio of cryptocurrencies, primarily BTC. Because HIVE also owns hard assets such as data centers and advanced multi-use servers, it believe its shares offer investors an attractive way to gain exposure to the cryptocurrency space. For more information and to register to HIVE’s mailing list, please visit www.HIVEBlockchain.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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CryptoCurrencyWire is part of the InvestorBrandNetwork

Bank of America Says Cryptocurrency Regulation Is Necessary for Mainstream Adoption

December 9, 2022 10:20:00

There is still a glimmer of hope for the cryptocurrency industry, despite the major blow it suffered after the FTX exchange and its affiliated trading firm, Alameda Research, was reported bankrupt. This is according to a research report released by Bank of America on Nov. 2, 2022.

According to the report, regulatory frameworks for the cryptocurrency industry are essential for mainstream adoption, and a coordinated global effort is needed to prevent arbitrage and protect…

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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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Editor@CryptoCurrencyWire.com

CryptoCurrencyWire is part of the InvestorBrandNetwork.

Quantum Miami – Web3 & Blockchain Conference To Facilitate Innovative Business Plans Under its Roof

December 9, 2022 09:35:00

Web3, Crypto, and blockchain traders, investors, enthusiasts, and professionals are invited to attend Quantum Miami – a Web3 & Blockchain conference being held on January 25-27, 2023, at the James L Knight Center in Miami, Florida. Join the mammoth networking channels and leverage the immense business and growth potential this platform offers.

Industry stalwarts who have proven their mettle in these innovative and evolving ecosystems will bring their expertise to Quantum Miami. Aspiring businesses and professionals of the crypto and blockchain spectrum can avail the immense opportunity presented at Quantum Miami. Unleash new ideas and…

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

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.

CryptoNewsBreaks – Bit Digital Inc. (NASDAQ: BTBT) Announces Q3 2022 Financial Results

December 8, 2022 12:09:17

Bit Digital (NASDAQ: BTBT), a digital asset mining company headquartered in New York City, has announced its unaudited financial results for the third quarter ended Sept. 30, 2022. Among the highlights, the company reported $9.1 million in bitcoin mining revenue for the third quarter and $164.7 million in total assets as of Sept. 30, 2022. “We are pleased to report that Bit Digital produced 429 bitcoin during the third quarter of 2022, representing sequential growth of over 115% over the second quarter. This growth highlights our continued progress as our active hash rate increased to 1.35 EH, compared to 0.75 EH at the end of June. We continue to work towards our goal of full fleet deployment; however, we will only seek to rack our miners if the economics present an acceptable return from doing so. We strive to maximize returns rather than growth, and to avoid the pitfalls of unbridled expansion that have impaired several participants across the sector,” Bit Digital management was quoted as saying in the press release. “Our hosting portfolio expanded during the quarter with the addition of a new 5 MW hosting agreement with a provider in Canada at a location that is primarily hydro powered. Securing the most economic and ecofriendly hosting remains a top priority for the company. We are actively evaluating several new hosting opportunities and continue to strategically target smaller sites to minimize both site and counterparty risk.”

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

About Bit Digital Inc.

Bit Digital is a bitcoin mining company headquartered in New York City with operations located in North America. For additional information, please contact IR@bit-digital.com or visit the company’s website at www.Bit-Digital.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 – Marathon Digital Holdings Inc. (NASDAQ: MARA) Reports Numbers for November 2022 Bitcoin Production, Mining Operation Numbers

December 7, 2022 11:36:05

Marathon Digital Holdings (NASDAQ: MARA), a leader in supporting and securing the Bitcoin ecosystem, has released unaudited Bitcoin (“BTC”) production and miner installation updates for November 2022. According to the announcement, the company produced 472 Bitcoin during the month, bringing the total to date for the quarter to 1,087. In addition, the company reported that, as of Nov. 30, 2022, it had increased its unrestricted cash to $61.7 million and unrestricted Bitcoin holdings to 4,200 Bitcoin. The company also noted that it is consistently working to execute on its strategy to improve how efficiently it converts electricity into value, including recently launching an immersion pilot program. “In November, we strengthened our liquidity position, produced 472 Bitcoin, and began improving the efficiency of our mining operations with new technologies,” said Marathon chair and CEO Fred Thiel in the press release. “Given the current macro environment, we took proactive measures to reduce our revolver borrowings from $50 million as of November 9 to $30 million as of November 30. The combination of this debt repayment and our monthly production increased our unrestricted bitcoin holdings from 1,950 BTC on November 9 to 4,200 BTC as of November 30, and we ended the month with $61.7 million in cash on hand. Our production in November was negatively impacted by curtailment at the King Mountain site in Texas. This increased curtailment was caused by spot market pricing of energy driven by weather combined with lower bitcoin prices. We are working on optimizing curtailment strategies and site operations with the new operator and expect King Mountain’s productivity to improve in the coming months. We remain confident that Marathon is well-positioned to continue scaling into one of the largest and most energy-efficient operators in the industry.”

To view the full press release, visit https://ccw.fm/MDm2l

About Marathon Digital Holdings 

Marathon is a digital asset technology company that focuses on supporting and securing the Bitcoin ecosystem. The company is currently in the process of becoming one of the largest and most sustainably powered Bitcoin mining operations in North America, while remaining asset light. For more information about the company, please visit www.MarathonDH.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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Editor@CryptoCurrencyWire.com

CryptoCurrencyWire is part of the InvestorBrandNetwork

Boris Johnson Lauds Blockchain ‘Opportunities’ at Singapore ISBA Conference

December 7, 2022 10:20:00

Former United Kingdom prime minister Boris Johnson recently gave a speech at the International Symposium on Blockchain Advancements (ISBA) in Singapore in support of blockchain technology. He compared the onset of blockchain to significant technological advancements such as the invention of fire, the railways and the internet.

In his speech, Boris stated that blockchain users were pioneers of an infant technology with all sorts of possibilities that the whole world is still struggling to assess. He also encouraged a better relationship between the cryptocurrency industry and politicians if crypto has a future. Johnson added that he was 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 – Bit Digital Inc. (NASDAQ: BTBT) Issues November 2022 Production Update

December 6, 2022 11:38:57

Bit Digital (NASDAQ: BTBT), a digital asset mining company headquartered in New York, has announced its unaudited bitcoin production and corporate updates for the month of November 2022. Among the highlights the company reportedly earned 144.1 bitcoins, a 5% decrease compared to the prior month. The decline is attributed to an increase in network difficulty. In addition, Bit Digital owned 38,593 bitcoin miners and 730 ethereum miners as of Nov. 30, 2022, with an estimated maximum total hash rate of 2.7 exahash (“EH/s”) and 0.3 terahash (“TH/s”), respectively. Of the company’s bitcoin mining fleet, 39% (14,978 bitcoin miners representing 1.40 EH/s) was actively hashing in North America as of Nov. 30, 2022.

To view the full news release, visit https://ccw.fm/TNi7s

About Bit Digital Inc.

Bit Digital is a bitcoin mining company headquartered in New York City with operations located in North America. For additional information, please contact IR@bit-digital.com or visit the company’s website at www.Bit-Digital.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 – Riot Blockchain Inc. (NASDAQ: RIOT) Achieves New Record for Total Hash Rate Capacity in November 2022

December 5, 2022 12:51:27

Riot Blockchain (NASDAQ: RIOT), an industry leader in bitcoin (“BTC”) mining and data center hosting, today announced unaudited production and operations updates for November 2022. Among the highlights, the company reported that it produced 521 BTC, an increase of approximately 12% as compared to November 2021 production of 466 BTC. In addition, Riot had deployed a fleet of 72,428 miners, with a hash rate capacity of 7.7 exahash per second (“EH/s”), as of Nov. 30, 2022. “Riot again achieved a new record for total hash rate capacity during the month of November, resulting in our highest monthly bitcoin production figure to date,” said Jason Les, CEO of Riot. “Despite this new level of production, expected production was approximately 660 bitcoin given our operating hash rate over the month, assuming normalized performance of the mining pool we participate in. Variance in a mining pool can impact results and while this variance should balance out over time, can be volatile in the short term. This variance led to lower bitcoin production than expected in the month of November, relative to our hash rate.”

To view the full press release, visit https://ccw.fm/7gAig

About Riot Blockchain Inc.

Riot Blockchain’s mission is to positively impact the sectors, networks and communities that it touches. Riot believes that the combination of an innovative spirit and strong community partnership allows the company to achieve best-in-class execution and create successful outcomes. Riot is a bitcoin mining and digital infrastructure company focused on a vertically integrated strategy. The company has bitcoin mining data center operations in central Texas, bitcoin mining operations in central Texas, and electrical switchgear engineering and fabrication operations in Denver, Colorado. For more information, visit www.RiotBlockchain.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
212.994.9818 Office
Editor@CryptoCurrencyWire.com

CryptoCurrencyWire is part of the InvestorBrandNetwork

President Putin Envisions a Worldwide Payments System Based on Blockchain Technology

December 5, 2022 08:05:00

While speaking at a recent international machine learning and artificial intelligence conference, Vladmir Putin, the president of Russia, revealed that he envisioned a future in which there existed a worldwide payments system leveraging blockchain technology and other new technologies, such as artificial intelligence.

In the eyes of the Russian president, such a global system would be free from control by the major powers or countries in the world. The issue of decentralized control aside, Putin also recognized that implementing a system of that nature would yield additional benefits such as improved efficiency and…

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NOTE TO INVESTORS: The latest news and updates relating to Tingo Inc. (OTC: TMNA) are available in the company’s newsroom at http://ibn.fm/TMNA

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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212.994.9818 Office
Editor@CryptoCurrencyWire.com

CryptoCurrencyWire is part of the InvestorBrandNetwork.

CryptoNewsBreaks – Creator of Litecoin Featured in CryptoCurrencyWire Audio Production

December 2, 2022 11:54:10

The Litecoin Foundation, a non-profit organization focused on promoting the adoption, education and development of Litecoin, was featured in the latest CryptoCurrencyWire Audio Production, a part of IBN’s (InvestorBrandNetwork) sustained effort to provide specialized content distribution via widespread syndication channels. Charlie Lee, creator of Litecoin and director of the Litecoin Foundation, joined the program to discuss recent endeavors as well as volatility of the crypto space and how Litecoin has maintained a strong position in the market. “One of the reasons [for Litecoin’s longevity] is its fair launch. There was no ICO. It was launched publicly. I had to mine or buy coins off of an exchange just like everyone else. Everyone had their chance to buy and mine Litecoin from the start. That really helped with the narrative that it’s just money for the people and not something to enrich a small group. A lot of the coins that have gone bust are those that had huge ICOs where the development teams took in hundreds of millions of dollars and didn’t do much with it. Since they already made their money, there’s no incentive to actually work on the project anymore, so a lot of those projects have died,” Lee explained. “Litecoin has been pretty steady, without a lot of hype. The network has been up-and-running for 11 years-plus with zero downtime. That’s kind of unheard of in this space. People use it every day for small payments and buying stuff, so the adoption rate has just gone up over the last 11 years without much of a break – unlike the price, which has been a roller coaster ride. Adoption has just been increasing over time.”

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

About the Litecoin Foundation

The Litecoin Foundation is a community-run non-profit organization whose mission is to advance Litecoin for the good of society, by developing and promoting state-of-the-art blockchain technologies. For more information, visit the organization’s website at www.Litecoin.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)
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www.cryptocurrencywire.com
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Editor@CryptoCurrencyWire.com

CryptoCurrencyWire is part of the InvestorBrandNetwork

How Shreveport Built a Low-Cost WiFi Network Using Blockchain Technology

December 2, 2022 08:05:00

When industry advocates say that blockchain technology has nearly limitless applications, it may not be so easy for some people to imagine just how beneficial this technology can be. However, numerous case studies are providing concrete proof of just how versatile blockchain technology can be. One such case study is provided by Shreveport, Louisiana, which built a low-cost Wi-Fi network using blockchain tech.

In a bid to transform Shreveport into a smart city, Keith Hanson was hired as the city’s IT chief.  The mayor had two requests for the new hire: make Shreveport a smarter city and address 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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www.cryptocurrencywire.com
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Editor@CryptoCurrencyWire.com

CryptoCurrencyWire is part of the InvestorBrandNetwork.

CryptoNewsBreaks – Coinbase Global Inc. (NASDAQ: COIN) Digital Wallet Ends Support for Bitcoin Cash, Ethereum Classic

December 1, 2022 13:30:35

Coinbase Global (NASDAQ: COIN), a cryptocurrency exchange, announced that its digital wallet will no longer support the native tokens associated with Bitcoin Cash, Ethereum Classic, Ripple’s XRP Ledger and Stellar; that change will take effect on Monday, Dec. 5, 2023. The company did note that users with balances will still be able to withdraw their money after that date. According to the announcement, the exchange made the decision based on low usage of the digital coins and tokens, which gained public awareness during the 2017 cryptocurrency bull market. Despite the low use, XRP is the seventh-largest cryptocurrency with a market capitalization of $19.6 billion and 24-hour trade volume of almost $1 billion U.S., according to data from CoinGecko. Bitcoin Cash and Ethereum, both of which are forked or altered versions of Bitcoin and Ethereum, the two most popular cryptocurrencies, have seen a significant decline in value this year.

To view the full press release, visit https://ccw.fm/1LKdL

Coinbase Global Inc.

Coinbase Global is building the cryptoeconomy — a more fair, accessible, efficient and transparent financial system enabled by crypto. The company started in 2012 with the radical idea that anyone, anywhere, should be able to easily and securely send and receive Bitcoin. Today, Coinbase offers a trusted and easy-to-use platform for accessing the broader cryptoeconomy. Built for institutions, Coinbase integrates advanced agency trading, custody, prime financing, staking, staking infrastructure, market data and reporting that supports the entire transaction lifecycle. The company combines these capabilities with leading security, insurance and compliance practices to provide institutional clients with a full-service platform to access crypto markets at scale. For more information about the company, visit www.Coinbase.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 – HIVE Blockchain Technologies Ltd. (NASDAQ: HIVE) (TSX.V: HIVE) (FSE: HBFA) Featured in Research Report

November 30, 2022 12:30:43

Stonegate Capital Partners on Tuesday announced that it has initiated coverage on HIVE Blockchain Technologies (NASDAQ: HIVE) (TSX.V: HIVE) (FSE: HBFA). HIVE is a leading digital asset miner and green-focused data center builder and operator. Among key takeaways listed in the initiation of research report, Stonegate highlighted HIVE’s high operating efficiency, ESG-oriented focus and its improving mining capacity. “The company is a market leader of BTC mined per exahash (‘EH’) with 122 BTC mined per EH per month as of Sept. 30, 2022. A modern and regularly updated mining fleet supports the company’s production efficiency,” the report reads. “The company has invested heavily in upgrading its mining fleet. HIVE is one of just four miners who will partner on the new BTC ASIC chip being launched by Intel.”

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

About HIVE Blockchain Technologies Ltd.

HIVE Blockchain Technologies went public in 2017 as the first cryptocurrency mining company with a green energy and ESG strategy. HIVE is a growth-oriented technology stock in the emergent blockchain industry. As a company whose shares trade on a major stock exchange, HIVE is building a bridge between the digital currency and blockchain sector and traditional capital markets. HIVE owns state-of-the-art, green energy-powered data center facilities in Canada, Sweden and Iceland, where sources green energy to mine on the cloud and endeavors to build a significant HODL position of Bitcoin. Since the beginning of 2021, HIVE has held in secure storage the majority of its ETH and BTC coin mining rewards. Its shares provide investors with exposure to the operating margins of digital currency mining, as well as a portfolio of cryptocurrencies such as BTC. Because HIVE also owns hard assets such as data centers and advanced multi-use servers, the company believes its shares offer investors an attractive way to gain exposure to the cryptocurrency space. For more information and to register to HIVE’s mailing list, please visit www.HIVEBlockchain.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 – Mona and Friends to Delve Deep into Web 3 with Live Panel and Comedy Show

November 30, 2022 11:44:08

Mona Shaikh, veteran comedian, producer of Mona&Frens: Web3 Is A Joke and featured on CNN, Forbes and MSNBC, is collaborating with established events producer Stephen Berg and expert event planner Ravneet Kalsi to present Mona and Frens: Web3 is a Joke Web3 Panel and Comedy Show. The event is slated to take place on Dec. 16, 2022, at FameCast in Santa Monica, California, and showcase a web3 expert panel to accelerate learning and offer an unmissable experience with plenty of laughter and networking. Mona and her friends are charging into web3 to tear it up, dive into the nitty gritty and put it back together again. Whether a complete stranger to the space, a seasoned pro or a big-time expert, interested parties are invited to come delve deeper into the mystery of web3, debate the cultural importance of this emerging landscape, marvel at the vibrancy of the creator economy, and so much more.

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

About Mona and Frens: Web 3 Is A Joke

Did you ever sit back and wonder, “What the actual #!%# is web3?!” or “What are NFTs, parcels of virtual land, or a Metamask?!” If you’re anything like most people, you did! Special Guests featuring: Shira Lazar, Altcoin Daily and stand-up comedian Bill Dawes. For more information, visit MonaShaikh.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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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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CryptoCurrencyWire is part of the InvestorBrandNetwork

Cryptos Rise Modestly on Thanksgiving as the Industry Recovers

November 30, 2022 08:05:00

The major cryptocurrencies, Bitcoin and Ethereum, registered modest gains on Thanksgiving Day as the industry appeared to recover from the fallout linked to the collapse of Sam Bankman-Fried’s FTX and its associated firms. The bearish pressure of this collapse was threatening to topple the fragile crypto sector that was already reeling from the “crypto winter” experienced earlier this year.

Bitcoin gained approximately 1.5% on Thanksgiving to trade at a little more than $16,600. However, the weekly stats indicate that BTC is still down from the highs it had registered in prior weeks. Ethereum also registered modest gains on Thanksgiving, rising by 4% in order to reach 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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JPMorgan Obtains Trademark for Crypto Wallet

November 28, 2022 08:05:00

JPMorgan Chase, the largest bank in the United States, formally registered a trademark for its cryptocurrency wallets. The bank is interested in offering various services connected to cryptocurrencies, and these services include processing payments in crypto, availing online checking accounts and other such related services.

A formal document, which was published last week, reveals that the bank officially patented as well as registered the J.P. Morgan Wallet at the U.S. Patent &Trademark Office. This development will now see…

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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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CryptoNewsBreaks – Coinbase (NASDAQ: COIN) Partners with 3iQ, Tetra Trust to Finalize ETP Digital Asset Custodianship

November 23, 2022 10:00:40

Coinbase Global Inc. (NASDAQ: COIN), 3iQ Digital Asset Management and Tetra Trust Company have finalized the custodian transition for 3iQ’s exchange-traded products (“ETPs”). As a result, Coinbase and Tetra now serve as custodians for the full range of 3iQ’s digital asset offerings. The transaction had been announced earlier this year. According to the announcement, 3iQ ETP digital assets are held in segregated custody accounts with Coinbase Custody Trust Company providing the cold storage and Tetra Trust providing oversight. Based on this arrangement, the 3iQ ETP offerings retain their normal course of business and fund operations. 3iQ is one of Canada’s leading digital asset investment fund managers and was the first to offer a public bitcoin investment fund. The only trust company in Canada licensed to custody digital assets, Tetra Trust delivers the most advanced digital asset storage technology in the industry. “This strategic collaboration further strengthens and aligns 3iQ as an investment fiduciary with the strong focus on regulatory compliance and prudent risk management that Coinbase and Tetra provide as industry-leading custodians,” the press release stated.

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

About Coinbase Global Inc.

Coinbase is building the cryptoeconomy — a more fair, accessible, efficient and transparent financial system enabled by crypto. The company started in 2012 with the radical idea that anyone, anywhere, should be able to easily and securely send and receive Bitcoin. Today, Coinbase offers a trusted and easy-to-use platform for accessing the broader cryptoeconomy. Built for institutions, Coinbase integrates advanced agency trading, custody, prime financing, staking, staking infrastructure, market data and reporting that supports the entire transaction lifecycle. The company combines these capabilities with leading security, insurance and compliance practices to provide institutional clients with a full-service platform to access crypto markets at scale. For more information about the company, visit www.Coinbase.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

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CryptoCurrencyWire is part of the InvestorBrandNetwork

A Crypto Paradox IS Playing Out in the Middle East

November 23, 2022 08:05:00

As cryptocurrencies and the blockchain technology powering them gain traction around the world, the Middle East, which has many authoritarian regimes, is leading in supporting the adoption of these technologies. Yet the very foundation of this success is partly based on availing ways to evade control by centralized and authoritarian regimes.

report authored by Chainalysis and released in October reveals that the volume of crypto transactions is on a upward trajectory in the Middle East in a way that beats every other region around the world. Turkey, which is experiencing the highest level of inflation on the globe, has banned cryptos, but data indicates…

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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.

Blockchain Technology Is Expanding Possibilities of Fractional Investing

November 21, 2022 08:05:00

At the simplest level, fractional investing allows investors to buy and own a fraction of a company’s share. When you buy shares on stock exchanges, you are buying a small part of a company whose shares are listed. With fractional investing, you get ownership of less than one share of that company. New technologies such as blockchain technology are widening the possibilities presented by fractional investing.

For example, the Singapore-based ADDX platform makes it possible for investors to buy a stake in a diverse range of assets for as little as $5,000 as the minimum one can have to join the platform. Previously, one needed at least a million dollars to participate in investing in that portfolio 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

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CryptoCurrencyWire is part of the InvestorBrandNetwork.

Sony Patent Shows Firm’s Interest in Blockchain and NFTs

November 18, 2022 11:05:00

A recently uncovered patent that was filed by Sony in July 2021 shows that the entertainment company has more than a casual interest in blockchain technology and non-fungible tokens (NFTs). The patent includes diagrams depicting how Sony plans to track whenever digital assets change ownership, how their visual appearance changes and how the accompanying metadata of those digital assets changes. The patent indicates that those assets could include in-game moments, characters or items within the game.

In a write-up that strongly suggests NFT-like assets, Sony’s patent lays out the specifics regarding the mechanisms that the company intends to use to monitor and keep tabs on the history of a specific item as it moves from player to player during a game. The patent claims that currently there isn’t a method 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)
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212.994.9818 Office
Editor@CryptoCurrencyWire.com

CryptoCurrencyWire is part of the InvestorBrandNetwork.

CryptoNewsBreaks – UBET Sports World Cup Betting Tournament to Launch on Nov. 20

November 17, 2022 14:08:04

UBET today announced that the UBET Sports World Cup Betting Tournament will begin next week. Launching on Nov. 20 and running throughout the FIFA World Cup, the tournament offers a total prize pool of $2,000 USDT to be won. With zero risk involved, participants can take part freely. The vision is for UBET Sports to be a super DApp, where all participants can wager on sporting events with the best odds, stake on UBET’s liquidity pool, and earn interest.

The announcement reads, “The launch of the UBET Sports World Cup Betting Tournament is the first step in laying the groundwork for a future decentralized sports betting ecosystem on the blockchain where liquidity providers are protected against the risk of impermanent loss and punters can enjoy boosted odds on a transparent platform with high transaction throughputs, low fees, and instant payouts thanks to our unique Automated Market Maker (‘AMM’). By launching the UBET Sports Betting Tournament, UBET is giving the UBettors community a first-hand experience with the UBET platform, where they can place bets to compete for cash prizes. Visit https://testnet.ubet.exchange/ to register and take part in the contest.”

To view the full press release, visit https://ccw.fm/8tUQE

About UBET

UBET is a decentralized peer-to-peer sports prediction market. It 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, visit 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.

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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Editor@CryptoCurrencyWire.com

CryptoCurrencyWire is part of the InvestorBrandNetwork

CryptoNewsBreaks — BIT Mining Ltd. (NYSE: BTCM) Releases Q3 2022 Unaudited Financial Report

November 17, 2022 13:31:36

BIT Mining (NYSE: BTCM), a leading technology-driven cryptocurrency mining company, is reporting unaudited financial results for its third quarter, the period ended Sept. 30, 2022. The report notes that BIT Mining has four primary business segments — self-mining, mining pool, data center operation and mining machine manufacturing — and the company is pursuing a deliberate development strategy that focuses on global cryptocurrency mining operations. A few highlights of the report include a note that Bee Computing, BTCM’s subsidiary, has designed a new generation of highly efficient Bitcoin (“BTC”) and Dogecoin (“DOGE”)/Litecoin (“LTC”) mining machines based on the most advanced technology. During the quarter, the company also entered into a share sale and purchase agreement with an unaffiliated third party; details of the agreement indicate that BTCM will sell an estimated 51% (279,673,000 shares) of the total issued share capital of Loto Interactive Limited to the third-party company, reducing Bit Mining’s share ownership in Loto Interactive to 8.79%. The report also included Q3 2022 highlights for continuing operations along with notable financial numbers, including revenues, operating costs and expenses, net loss and gain and other key data. “As of September 30, 2022, the company had cash and cash equivalents of $12.5 million, restricted cash of $0.1 million and time deposits of $7.3 million, compared with cash and cash equivalents of $22.6 million and restricted cash of $0.1 million as of June 30, 2022,” the report stated. “As of September 30, 2022, the company had cryptocurrency assets of $17.4 million in aggregate, which are the equivalent of 219 BTC, 6,843 ETH, 48.5 million DOGE and various other cryptocurrency assets, including those generated from its mining pool and cryptocurrency mining businesses.”

To view the full press release, visit https://ccw.fm/e76uF

About BIT Mining Ltd.

BIT Mining is a leading technology-driven cryptocurrency mining company, with a long-term strategy to create value across the cryptocurrency industry. Its business covers cryptocurrency mining, mining pool, data-center operation and mining machine manufacturing. The company owns the world’s top blockchain browser — BTC.com — and the comprehensive mining pool business operated under BTC.com, providing multicurrency mining services including BTC, ETH and LTC. The company also owns a 7-nanometer cryptocurrency mining machine manufacturer, Bee Computing, enabling the company’s self-sufficiency through vertical integration with its supply chain. For further information about the company, visit www.BTCM.group.

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

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CryptoCurrencyWire is part of the InvestorBrandNetwork

Blockchain Could Take Logistics to New Level

November 16, 2022 09:35:00

Logistics, which is the transportation and storage as well as delivery of various goods, has been around since the ancient times. The industry has evolved as the times have changed, and it has taken on an even bigger role as the recent pandemic kept people at home and nearly everything had to be delivered to the doorstep. However, poor technology and the lack of transparency have dogged this industry. Blockchain now looks set to address those longstanding challenges and improve the entire logistics space.

Logistics firms are constantly looking for better ways to serve their customers, and blockchain is offering some exciting possibilities for them. For example, Uniliver, Walmart, Nestle and other giants in the consumer packaged goods segment have entered a collaboration with IBM to come up 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)

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 – Florida Bitcoin & Blockchain Summit Names IBN’s CryptoCurrencyWire as Official NewsWire

November 15, 2022 15:08:10

The second annual Florida Bitcoin & Blockchain Summit (“FBBS”) has selected InvestorBrandNetwork (“IBN”), a multifaceted communications organization with more than 50 brands including CryptoCurrencyWire (“CCW”), as an official newswire for this year’s event. The summit is hosted by Cutting Edge Events, which made the IBN selection. Cutting Edge Events is an innovative conference organizer specializing in new media and tech-driven events. “IBN and its blockchain-focused newswire have both repeatedly demonstrated that they are highly adept at maximizing coverage of our events and leaders in delivering our message effectively,” said Cutting Edge Events founder Chris Krimitsos in the press release. “IBN’s ability to leverage its many brands and publisher network is what we find particularly appealing. They effectively raise the profile of our conferences among carefully targeted audience segments as well as the general public.” FBBS is Florida’s first blockchain- and fintech-focused event. The objective of the premier event is to drive innovation and foster partnerships across the rapidly evolving financial technology sector.

To attend the event, visit https://ccw.fm/E5J5M

To view the full press release, visit https://ccw.fm/uhJ66

About Florida Bitcoin & Blockchain Summit

The Florida Bitcoin & Blockchain Summit is the state’s first blockchain- and fintech-focused event; the gathering highlights the ever-expanding financial technology industry. The goal of the summit is to bring together stakeholders, businesses and political leaders from all over Florida, as well as outside of the state, to collaborate on a strategy that will drive growth inside and outside the state and benefit the emerging industry. The summit will unify fintech communities, businesses, evangelists and political leaders around the world as well as state leaders within the state. This conference will be used to craft a clear and unique strategy for making Florida the leader in blockchain and financial technology. For more information, visit the event website at www.FloridaBlockchainSummit.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 – HIVE Blockchain Technologies Ltd. (NASDAQ: HIVE) (TSX.V: HIVE) (FSE: HBFA) Announces Quarterly Revenue of $29.6M, 31% YOY Increase in Bitcoin Production

November 15, 2022 14:31:56

HIVE Blockchain Technologies (NASDAQ: HIVE) (TSX.V: HIVE) (FSE: HBFA), a leading digital asset miner and green-focused data center builder and operator, today announced the earnings report for the second quarter ended Sept. 30, 2022. Among the highlights, HIVE announced that it achieved revenue of $29.6 million this quarter, through mining 858 green and clean Bitcoin and 7,309 Ethereum, which were subsequently sold to reinvest in new ASIC mining equipment. As such, HIVE’s production of Bitcoin increased by 4.5% quarter over quarter while its average daily production of Ethereum increased from 84.3 ETH per day to 94.9 ETH this quarter, prior to the Sept. 15, 2022, merge date when it ceased mining Ethereum.

“We wish to again thank our loyal shareholders for believing in our vision to mine both Ethereum and Bitcoin. We are sad to see the higher margin from mining Ethereum gone and now will be more easily compared to our Bitcoin mining peers. It was an extremely challenging quarter for the global digital asset ecosystem, where we saw the capitulation of crypto prices due to the Proof of Stake ‘PoS’ Luna token blow up in the spring and subsequent contagion from over leveraged ‘shadow banks,’ hedge funds and offshore exchanges,” said HIVE’s Executive Chairman Frank Holmes. “Strategically, we have not borrowed expensive debt against our mining equipment or pledged our Bitcoins for costly loans, thus our balance sheet remains healthy to weather this storm. We believe our low coupon fixed debt, attractive green renewable energy prices and high performing energy efficient ASIC chips will help us navigate through this crypto winter.”

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

About HIVE Blockchain Technologies Ltd.

HIVE Blockchain Technologies went public in 2017 as the first cryptocurrency mining company with a green energy and ESG strategy. HIVE is a growth-oriented technology stock in the emergent blockchain industry. As a company whose shares trade on a major stock exchange, HIVE is building a bridge between the digital currency and blockchain sector and traditional capital markets. HIVE owns state-of-the-art, green energy-powered data center facilities in Canada, Sweden and Iceland, where sources green energy to mine on the cloud and endeavors to build a significant HODL position of Bitcoin. Since the beginning of 2021, HIVE has held in secure storage the majority of its ETH and BTC coin mining rewards. Its shares provide investors with exposure to the operating margins of digital currency mining, as well as a portfolio of cryptocurrencies such as BTC. Because HIVE also owns hard assets such as data centers and advanced multi-use servers, the company believes its shares offer investors an attractive way to gain exposure to the cryptocurrency space. For more information and to register to HIVE’s mailing list, please visit www.HIVEBlockchain.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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CryptoCurrencyWire is part of the InvestorBrandNetwork

CryptoNewsBreaks – Canaan Inc. (NASDAQ: CAN) Releases Q3 2022 Financial Report

November 14, 2022 15:24:48

Canaan (NASDAQ: CAN), a leading high-performance computing solutions provider, is reporting its unaudited financial and operating results for the three-month period ended Sept. 30, 2022. Numbers of note from the report include computing power sold during the quarter totaling 3.5 million Thash/s, a 37.1% decrease from Q2 2022 and a 48.5% from 6.7 million Thash/s in the same period of 2021. CAN revenues reached $137.5 million, a decrease of 40.8% from the second quarter 2022 and a 25.8% decrease from the same period in 2021, with gross profit coming in at$32.9 million, net income totaling $8.6 million, and non-GAAP adjusted net reaching  $23.4 million. “The Bitcoin mining market deteriorated during the third quarter, as the Bitcoin price fluctuated and further dipped to around $16,000 recently,” said Canaan CEO and chair Nangeng Zhang in the press release.

“The negative market dynamics have significantly hindered Bitcoin miners’ revenues and cash flows. As miners are forced to cut their demand for computing power, we had to adjust down our selling price in response. As a result of contract sales that we secured from previous quarters and the delivery of these orders, our topline performance in the third quarter was within our expectations, with total computing power sold of 3.5 million Thash/s. In late October, we officially released our new mining machine series, AvalonMade 13. Powered by advanced ASIC technology on the next-generation process node, the new series product achieves prominently accelerated computing power and escalated power efficiency. The launch of the new generation product reaffirms our confidence in the fundamental value of the Bitcoin ecosystem and reflects our constant efforts in the research and development of supercomputing technology. Looking forward, we face a very tough industry period as the Bitcoin price is sinking to lows the market has not seen in two years. Our priority is to conserve our cash, minimize our expenses, and endure this market downturn. Without any interest-bearing debt, we will also remain prudent as we invest in key strategic areas such as research and development and wafer production capacity on advanced nodes.”

To view the full press release, visit https://ccw.fm/wu2em

About Canaan Inc.

Canaan is a technology company focusing on ASIC high-performance computing chip design, chip research and development, computing equipment production, and software services. The company’s vision states that “super computing is what we do, social enrichment is why we do it.” Canaan has rich experience in chip design and streamlined production in the ASIC field. In 2013, the company released and mass produced its first ASIC Bitcoin mining machine. In 2018, Canaan released the world’s first 7nm ASIC chip, providing energy-efficient computing equipment to the cryptocurrency mining industry. In the same year, Canaan released the world’s first RISC-V architecture commercial-edge AI chip, further harnessing the potential of ASIC technology in the field of high-performance computing and artificial intelligence. For additional information about this company, visit www.Canaan.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.

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

New York Fed Releases Promising Results of Project Testing Blockchain Tech in Cross-Border Trade

November 14, 2022 11:50:00

The New York Federal Reserve Bank has published a report detailing its findings from Project Cedar, an inaugural project geared at developing a technical framework through which a wholesale central bank digital currency (wCBDC) could be created for use by the Federal Reserve Bank.

During phase 1 of the project, the New York Fed wanted to demonstrate whether or not blockchain technology had the potential to improve access, increase speed and lower the costs associated with wholesale cross-border foreign exchange transactions. These transactions are very common because…

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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 – Coinbase Global Inc. (NASDAQ: COIN) Announces Participation at Oppenheimer Blockchain & Digital Assets Summit

November 11, 2022 13:13:56

Coinbase (NASDAQ: COIN) has announced that its Chief Financial Officer Alesia Haas will participate in a virtual fireside chat at the Oppenheimer Blockchain & Digital Assets Summit. The chat is scheduled to begin at 12:45 p.m. PT / 3:45 p.m. ET on Thursday, Nov. 17, 2022. According to the update, a live webcast and replay of the virtual session will be available on Coinbase’s Investor Relations website at https://Investor.Coinbase.com

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

About Coinbase Global Inc.

Coinbase is building the cryptoeconomy – a more fair, accessible, efficient, and transparent financial system enabled by crypto. The company started in 2012 with the radical idea that anyone, anywhere should be able to easily and securely send and receive bitcoin. Today, Coinbase offers a trusted and easy-to-use platform for accessing the broader cryptoeconomy. For more information about Coinbase, visit https://Investor.Coinbase.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

How Elon Musk’s Acquisition of Twitter Could Impact Crypto Adoption on Social Media

November 11, 2022 10:20:00

As web3 technologies gradually gain prominence, many companies anchored in web2 technology are amending their services and products in order to accommodate the new web3 technology. After Elon Musk completed acquiring Twitter and taking the publicly traded company private, many are wondering how this ownership change is likely to impact the adoption of cryptocurrencies on social media in general.

At the moment, Facebook has pivoted and rebranded itself as Meta, and the social media giant wants to position itself as the gateway into the metaverse. Instagram, also owned by Meta, revealed that it would soon be adding functionality to its app in order to enable users to mint and trade NFTs on the…

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NOTE TO INVESTORS: The latest news and updates relating to Tingo Inc. (OTC: TMNA) are available in the company’s newsroom at http://ibn.fm/TMNA

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 — BIT Mining Ltd. (NYSE: BTCM) Announces Plans to Release Q3 2022 Unaudited Financial Report

November 10, 2022 14:46:47

BIT Mining (NYSE: BTCM), a leading technology-driven cryptocurrency mining company, anticipates releasing its unaudited financial results for the third quarter before the U.S. market opens on Nov. 17, 2022. The results will cover the period ended Sept. 30, 2022. BIT Mining owns the world’s top blockchain browser — BTC.com — and the comprehensive mining pool business operated under BTC.com as well as a 7-nanometer cryptocurrency mining machine manufacturer, Bee Computing.

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

About BIT Mining Ltd

BIT Mining is a leading technology-driven cryptocurrency mining company, with a long-term strategy to create value across the cryptocurrency industry. Its business covers cryptocurrency mining, mining pool, data-center operation and miner manufacturing. The company owns the world’s top blockchain browser — BTC.com — and the comprehensive mining pool business operated under BTC.com, providing multicurrency mining services including BTC, ETH and LTC. The company also owns a 7-nanometer cryptocurrency mining machine manufacturer, Bee Computing, enabling the company’s self-sufficiency through vertical integration with its supply chain. For further information about the company, visit www.BTCM.group.

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 — Stronghold Digital Mining Inc. (NASDAQ: SDIG) Releases Q3 2022 Report, 2023 Guidance

November 10, 2022 14:42:09

Stronghold Digital Mining(NASDAQ: SDIG) has released financial results for its third quarter, the period ended Sept. 30, 2022; the report also included an operational update. Highlights of the report included current liquidity for the company reaching an estimated $27 million, which includes $27 million cash plus 19 Bitcoin; other numbers worth noting include current principal amount of outstanding debt totaling approximately $82 million, with net debt of approximately $55 million, which represents an approximately 51% reduction since the end of June 2022. In addition, the company noted fully extinguished $67.4 million in principal value of debt associated with NYDIG ABL LLC and the Provident Bank equipment financings as well as a closed credit agreement with WhiteHawk Finance LLC. In addition, report stated that SDIG had entered into a settlement agreement with Northern Data PA LLC and 1277963 B.C. Ltd. to terminate the hosting agreement at what the company sees as attractive economics. The report also noted that the company has received or agreed to procure approximately 10,000 additional Bitcoin miners since Aug. 16, 2022, and has inked a definitive hosting agreement with Foundry Digital LLC along with completing significant scheduled maintenance outages at both the Panther Creek Power Plant and the Scrubgrass Power Plant. The report also stated the company’s initial FY 2023 guidance: total revenue and other income estimated to be $108 to $114 million and adjusted EBITDA estimated to be $29 to $35 million. That guidance is based on key market assumptions and material cost reductions that have been implemented in recent months at SDIG power plants as well as on general and administrative expenses. “We have executed on the major strategic goals we laid out in August during our second quarter earnings announcement; we have reduced leverage, improved liquidity, cut costs and opportunistically grown our mining fleet at attractive prices,” said Stronghold Digital Mining CEO and cochair Greg Beard in the press release. “In late October, we fully eliminated our NYDIG debt and closed on the refinanced WhiteHawk debt. We have reduced our net debt by 51% to $55 million since June 30, 2022, and our current liquidity is approximately $27 million. We will remain patient and diligent, and believe we are meaningfully better positioned to take advantage of opportunities in the market.”

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

About Stronghold Digital Mining Inc. 

Stronghold is a vertically integrated Bitcoin mining company with an emphasis on environmentally beneficial operations. Stronghold houses its miners at its wholly owned and operated Scrubgrass Plant and Panther Creek Plant, both of which are low-cost, environmentally beneficial coal refuse power generation facilities in Pennsylvania. For more information about the company, please visit www.StrongholdDigitalMining.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
212.994.9818 Office
Editor@CryptoCurrencyWire.com

CryptoCurrencyWire is part of the InvestorBrandNetwork

CryptoNewsBreaks – NFT Technologies Inc. (OTC: NFTFF) (NEO: NFT) Co-Founder Discusses Owning Virtual Assets in the Digital Space in CCW Audio Production

November 9, 2022 12:42:51

NFT Technologies (OTC: NFTFF) (NEO: NFT) was featured in the latest CryptoCurrencyWire (“CCW”) Audio Production as part of IBN’s (InvestorBrandNetwork) sustained effort to provide specialized content distribution via widespread syndication channels. Mario Nawfal, co-founder of the publicly listed technology company, joined IBN’s Jonathan Keim to discuss the concept of owning virtual assets in the digital space and the potential of web3 to transform existing industries. “The metaverse is simply a digital representation of the physical world we live in today. That’s it,” Nawfal said during the interview. “Imagine everything you do on a daily basis – making friends, signaling your identity, trying to make money, entertainment – and just replicate them in a digital world… Where the confusion happens is decentralization… We go on YouTube, TikTok or Instagram – they’re all central. The open metaverse is, for me, the real definition of the metaverse. It is essentially an open world where you can own things as well. That’s where people get confused… In the digital world you couldn’t own things, but now you can because of NFTs. This allows you to live a completely digital experience without having to depend on any central entities.”

To view the full press release, visit https://ccw.fm/wWA5T

About NFT Technologies Inc.

NFT Technologies (“NFT Tech”) works to develop infrastructure, assets, real estate and IP in the metaverse, build and generate revenue from web3 games and assets, and bring insights and benefits to the public markets. By bridging the gap between traditional capital markets and the web3 space, NFT Tech is mainstreaming decentralized ownership, NFTs and the metaverse. For more information, visit the company’s website at www.NFTTech.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
212.994.9818 Office
Editor@CryptoCurrencyWire.com

CryptoCurrencyWire is part of the InvestorBrandNetwork

Fidelity Launches Commission-Free Cryptocurrency Trading to Investors

November 9, 2022 11:05:00

Fidelity Investments, one of the leading brokerage companies globally handling more than $9.9 trillion in assets, has announced that it will be making crypto trading available to its retail investors at no commission. Last week the company allowed intending traders to join a waitlist of those who will be granted access first once the trading platform is opened for business.

Through Fidelity’s fully owned subsidiary, Fidelity Digital Assets, retail investors will be able to sell or buy Bitcoin as well as Ether, in addition to making use of the other trading and custodial services availed by Fidelity Digital Assets. Fidelity has named the crypto trading…

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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 – Riot Blockchain Inc. (NASDAQ: RIOT) Announces Strong Results for Q3 2022

November 8, 2022 12:44:42

Riot Blockchain (NASDAQ: RIOT), an industry leader in bitcoin (“BTC”) mining and data center hosting, has released financial results for the three-month period ended Sept. 30, 2022. “Our results this quarter are a strong testament to the benefits of Riot’s vertically-integrated and diversified business model, which is further complemented by our conservative financial approach,” said Jason Les, CEO of Riot. “Despite rising energy prices, which significantly impacted many bitcoin miners, Riot was able to leverage our long-term fixed rate power contract to generate significant power credits and, in doing so, significantly reduce our operating costs. Additionally, our strong liquidity position has enabled us to remain focused on executing our growth plans and achieving new records in hash rate capacity, as we work towards our goal of becoming the world’s leading bitcoin-driven infrastructure platform.”

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

About Riot Blockchain Inc.

Riot Blockchain’s vision is to be the world’s leading bitcoin-driven infrastructure platform. The company’s mission is to positively impact the sectors, networks and communities that it touches. Riot believes that the combination of an innovative spirit and strong community partnership allows the company to achieve best-in-class execution and create successful outcomes. Riot is a bitcoin mining and digital infrastructure company focused on a vertically integrated strategy. The company has bitcoin mining data center operations in central Texas, bitcoin mining operations in central Texas, and electrical switchgear engineering and fabrication operations in Denver, Colorado. For more information, visit www.RiotBlockchain.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 – HIVE Blockchain Technologies Ltd. (NASDAQ: HIVE) (TSX.V: HIVE) (FSE: HBFA) Issues Global Bitcoin Production Figures for October 2022

November 7, 2022 12:44:49

HIVE Blockchain Technologies (NASDAQ: HIVE) (TSX.V: HIVE) (FSE: HBFA) has announced production figures from the company’s global Bitcoin operations for the month of October 2022, with 307 Bitcoin produced and a BTC HODL balance of 3,311 Bitcoin as of Nov. 5, 2022. According to the summary, HIVE has a strong balance sheet, with approximately $70 million USD of Bitcoin, and no expensive borrowing against equipment like ASICs or GPU chips or digital assets. “We are very happy to be producing over 300 Bitcoin per month, which is about 1% of the global network, even when network difficulty is at an all-time high. We have sold all our Ethereum holdings. In October we produced an average of 9.9 Bitcoin per day,” said HIVE’s Executive Chairman Frank Holmes. “I am very pleased with HIVE’s growth of Bitcoin ASIC hashrate over the last year, without taking on the risk of expensive equipment financing or Bitcoin backed loans. Most of the mining industry is plagued with loans and debt, where either their Bitcoin balance sheet is encumbered, or the ASIC hardware they have purchased has expensive debt associated with it. The leveraging of assets during the bull market is causing great stress for our peers in the mining industry, as asset values have corrected to bear market conditions. HIVE has maintained a strong position and pursued a steady rate of growth as our Bitcoin mining footprint expands, without expensive high-risk debt and without encumbering or collateralizing any of our Bitcoin assets.”

To view the full press release, visit https://ccw.fm/bZ3iL

About HIVE Blockchain Technologies Ltd.

HIVE Blockchain Technologies went public in 2017 as the first cryptocurrency mining company with a green energy and ESG strategy. HIVE is a growth-oriented technology stock in the emergent blockchain industry. As a company whose shares trade on a major stock exchange, HIVE is building a bridge between the digital currency and blockchain sector and traditional capital markets. HIVE owns state-of-the-art, green energy-powered data centre facilities in Canada, Sweden and Iceland, where it endeavors to source green energy to mine digital assets such as Bitcoin on the cloud. Since the beginning of 2021, HIVE has held in secure storage the majority of its treasury of ETH and BTC derived from mining rewards. The company’s shares provide investors with exposure to the operating margins of digital currency mining, as well as a portfolio of cryptocurrencies, primarily BTC, with the ETH subsequently sold. Because HIVE also owns hard assets such as data centers and advanced multi-use servers, the company believes its shares offer investors an attractive way to gain exposure to the cryptocurrency space. For more information and to register to HIVE’s mailing list, please visit www.HIVEBlockchain.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

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Canadian Government to Consult on Cryptos, CBDCs, Stablecoins in New Budget

November 7, 2022 11:50:00

The federal government of Canada has announced that it plans to examine central bank digital currencies, stablecoins and cryptocurrencies. This revelation was in the recently released mini-budget statement.

Deputy PM Chrystia Freeland released the 2022 Fall Economic Statement, which serves as an update on fiscal policy during a given budget year. That statement contained a section focused on laying out what plans the federal government has for the crypto industry. The government revealed in 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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CryptoNewsBreaks – Coinbase Global Inc. (NASDAQ: COIN) Announces Q3 2022 Shareholder Letter, Financial Results

November 4, 2022 11:43:52

Coinbase (NASDAQ: COIN) has announced the release of its third quarter (“Q3”) 2022 shareholder letter. The letter, which includes the company’s financial results, can be found on its Investor Relations website. In addition, Coinbase held a question-and-answer session to discuss its Q3 2022 results on Thursday, Nov. 3, 2022. A replay of the call and transcript are also available on the company’s Investor Relations website.

To view the full press release, visit https://ccw.fm/FVd6i

About Coinbase Global Inc.

Coinbase is building the cryptoeconomy – a more fair, accessible, efficient, and transparent financial system enabled by crypto. The company started in 2012 with the radical idea that anyone, anywhere should be able to easily and securely send and receive bitcoin. Today, Coinbase offers a trusted and easy-to-use platform for accessing the broader cryptoeconomy. For more information about Coinbase, visit https://Investor.Coinbase.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

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South African Retail Giant Pick n Pay Expands Crypto Payments Pilot Project

November 4, 2022 10:20:00

Pick n Pay, arguably the largest grocery chain in South Africa, has announced that it is expanding a pilot program aimed at gradually introducing cryptocurrencies as another way through which its customers can pay for their purchases.

This change was announced a few weeks after the country’s Financial Sector Conduct Authority officially declared that cryptocurrency assets were now formally regarded as financial assets within the country. This declaration paved the way for such assets to start being regulated, and the move also opened 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.

CryptoNewsBreaks – Marathon Digital Holdings Inc. (NASDAQ: MARA) Reports Numbers for October 2022 Bitcoin Production, Mining Operation Numbers

November 3, 2022 12:39:58

Marathon Digital Holdings (NASDAQ: MARA), a leader in supporting and securing the Bitcoin ecosystem, has released unaudited Bitcoin (“BTC”) production and miner installation updates for October 2022. According to the announcement, the company produced a record 615 BTC in October with total Bitcoin holdings reaching 11,285 BTC with a fair market value of $231.3 million. The report also noted that, after approximately 32,000 miners were successfully energized during the month, MARA’s operating mining fleet consisted of some 69,000 active miners producing approximately 7.0 EH/s at month’s end. The company has scheduled a webcast and conference call to discuss financial results for Q3, the period ended Sept. 30, 2022; the event is slated for Nov. 8, 2022, at 4:30 p.m. ET. The webcast will be broadcast live and will also be available for replay on the company’s website. “October was the most productive month in Marathon’s history both in terms of hash rate growth and bitcoin production,” said Marathon Digital Holdings chair and CEO Fred Thiel in the press release. “The energization of approximately 32,000 of our miners during the month allowed us to increase our hash rate approximately 84% from approximately 3.8 exahashes per second at September 30 to approximately 7.0 exahashes per second at November 1. By successfully growing our hash rate and maintaining uptime, we were able to produce a record 615 bitcoin in October. With S19 XPs now being delivered and new facilities under construction, we believe we are well positioned to continue building on our recent momentum to reach 23 exahashes per second in 2023.”

To participate in the webinar, visit https://ccw.fm/COTPR

To view the full press release, visit https://ccw.fm/vZ1WV

About Marathon Digital Holdings 

Marathon is a digital asset technology company that focuses on supporting and securing the Bitcoin ecosystem. The company is currently in the process of becoming one of the largest and most sustainably powered Bitcoin mining operations in North America, while remaining asset light. For more information about the company, please visit www.MarathonDH.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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212.994.9818 Office
Editor@CryptoCurrencyWire.com

CryptoCurrencyWire is part of the InvestorBrandNetwork

CryptoNewsBreaks – Stronghold Digital Mining Inc. (NASDAQ: SDIG) Schedules Q3 2022 Earnings Call

November 3, 2022 12:34:24

Stronghold (NASDAQ: SDIG) today announced that it will host a conference call on Wednesday, Nov. 9, at 5:00 p.m. Eastern Time to discuss its operations and financial results from the third quarter ended Sept. 30, 2022. According to the update, Stronghold management will provide prepared remarks, followed by a question-and-answer period. A live webcast and a replay shortly after the event will be available on the Investor Relations page of Stronghold’s website. Interested parties should visit https://ccw.fm/Fy1cD to access the call by phone. Upon registration, an email will be sent, including dial-in details and a unique access code required to join the live call. Participants are asked to register a minimum of 15 minutes before the start of the call to ensure connection.

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

About Stronghold Digital Mining Inc.

Stronghold is a vertically integrated Bitcoin mining company with an emphasis on environmentally beneficial operations. Stronghold houses its miners at its wholly owned and operated Scrubgrass Plant and Panther Creek Plant, both of which are low-cost, environmentally beneficial coal refuse power generation facilities in Pennsylvania. For more information about the company, visit www.StrongholdDigitalMining.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
212.994.9818 Office
Editor@CryptoCurrencyWire.com

CryptoCurrencyWire is part of the InvestorBrandNetwork

CryptoNewsBreaks – Riot Blockchain Inc. (NASDAQ: RIOT) Announces ‘Another Month of Executional Excellence’

November 3, 2022 12:30:17

Riot Blockchain (NASDAQ: RIOT), an industry leader in bitcoin (“BTC”) mining and data center hosting, today announced unaudited production and operations updates for October 2022. Among the highlights, the company reportedly produced 509 BTC, an increase of approximately 10% as compared to October 2021 production of 464 BTC. In addition, as of Oct. 31, 2022, Riot had a deployed fleet of 65,516 miners with a hash rate capacity of 6.9 exahash per second (“EH/s”). “October marked another month of executional excellence for Riot,” said the company’s CEO Jason Les. “We continued to make significant progress on the expansion of our Rockdale Facility, where we recently completed Building G, Riot’s second immersion-cooled building, rapidly deployed new miners in parallel with new infrastructure buildout, and broke ground on the first phase of development on our new Corsicana facility. This focus on solid execution of our growth plans has resulted in another record hash rate capacity this month, as we progress towards our goal of reaching 12.5 EH/s in the first quarter of 2023.”

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

About Riot Blockchain Inc.

Riot Blockchain’s vision is to be the world’s leading bitcoin-driven infrastructure platform. The company’s mission is to positively impact the sectors, networks and communities that it touches. Riot believes that the combination of an innovative spirit and strong community partnership allows the company to achieve best-in-class execution and create successful outcomes. Riot is a bitcoin mining and digital infrastructure company focused on a vertically integrated strategy. The company has bitcoin mining data center operations in central Texas, bitcoin mining operations in central Texas, and electrical switchgear engineering and fabrication operations in Denver, Colorado. For more information, visit www.RiotBlockchain.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 – RYVYL Inc. (NASDAQ: RVYL) Announces Plans to Report Q3 2022 Financial Results

November 3, 2022 11:46:39

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 planning to release its third quarter 2022 financial report this month. The company announced that it will release the report on Nov. 14, 2022. On the same day, RYVYL executives will host a conference call and webcast to discuss the released report; the event will start at 4:30 p.m. ET. During the call, management will provide a summary of financial results as well as a corporate update; in addition, the event will include an audio Q&A session with C-suite leaders of the company. Those interested in participating on the call can dial 1-877-221-6399 in the United States or 1-212-231-2919 internationally. Callers are encouraged to dial in at least 10 minutes before the call is scheduled to begin. A recording of the call will be available through Feb. 14, 2023, by dialing 1-844-512-2921 in the United States or 1-412-317-6671 internationally and using the replay pin number15271; an archived version of the webcast will be available on the investor relations section of the GreenBox POS or RYVYL website.

To view the webcast, visit https://ccw.fm/wHUML

To view the full press release, visit https://ccw.fm/7S5Of

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)
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CryptoCurrencyWire is part of the InvestorBrandNetwork

CryptoNewsBreaks – Stronghold Digital Mining Inc. (NASDAQ: SDIG) Executes on Strategy to Deliver Balance Sheet, Enhance Liquidity

November 2, 2022 11:11:35

Stronghold (NASDAQ: SDIG) has announced (i) the extinguishment of the final approximately $2.1 million of the total of approximately $67 million of principal amount of debt outstanding with NYDIG ABL LLC (“NYDIG”) and The Provident Bank (“BankProv”) and (ii) the closing of its previously announced WhiteHawk restructuring and credit facility that resulted in $23 million of additional borrowing capacity. According to the update, the company believes these moves are important steps in Stronghold’s plan to improve profitability and liquidity and to reduce leverage despite low Bitcoin prices. “We are executing on the strategy we outlined during our second quarter earnings announcement in August – to rapidly deliver our balance sheet and enhance liquidity, and we are actively pursuing acquisitions of Bitcoin miners at attractive prices to take advantage of the current distressed market while continuing to carefully manage liquidity,” said Greg Beard, co-chairman and chief executive officer of Stronghold. “We look forward to rebuilding our miner fleet opportunistically and will continue to seek out ways to accretively leverage our vertical integration and improve financial flexibility in what remains a dynamic, challenging market.”

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

About Stronghold Digital Mining Inc.

Stronghold is a vertically integrated Bitcoin mining company with an emphasis on environmentally beneficial operations. Stronghold houses its miners at its wholly owned and operated Scrubgrass Plant and Panther Creek Plant, both of which are low-cost, environmentally beneficial coal refuse power generation facilities in Pennsylvania. For more information about the company, visit www.StrongholdDigitalMining.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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Editor@CryptoCurrencyWire.com

CryptoCurrencyWire is part of the InvestorBrandNetwork

Blockchain, Crypto Industries See New UK Premier as Good

November 2, 2022 10:20:00

Rishi Sunak, the newly elected prime minister of the United Kingdom, is being seen as a positive force that could pave the way for the blockchain and cryptocurrency industries to grow at a faster pace. Sunak has a history of being positive with regard to the possibilities presented by the industry.

Aside from being the youngest PM of the UK in about two centuries, Sunak has a lot in common with younger people, including his view that of cryptocurrencies as viable investments for the future. According to recent surveys, individuals between 21 and 42 years of age believe that cryptos are…

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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 – Florida Bitcoin & Blockchain Summit Opens Doors

November 1, 2022 13:18:09

The second annual Florida Bitcoin & Blockchain Summit (“FBBS”) is being held this week. The event, produced by Cutting Edge Events LLC, is scheduled for Nov. 4, 2022, in Tampa, Florida. Florida’s first blockchain-and-fintech-focused event, FBBS aims to make the state a leader in the blockchain and financial tech space. The event gathers key representatives from a broad spectrum of stakeholders, businesses, startups, political leaders, policymakers, regulators, fintech communities and evangelists. The gathering provides invaluable information for three types of participants: those new to crypto investing and fintech interested in increasing their industry knowledge; stakeholders, institutions or startups poised to define the future of blockchain and fintech; and individuals and organizations advocating Florida as the global leader in bitcoin, blockchain and associated digital assets. The agenda includes a welcome by Tampa mayor Jane Castor, who announced at last year’s inaugural FBBS event that she would receive a portion of her salary in Bitcoin, as well as other presentations by experts in the field. Panel discussions, Q&A sessions, speaker seminar and deep dives are also on the agenda.

To attend the event, visit https://ccw.fm/p60oa

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

About Florida Bitcoin & Blockchain Summit

The Florida Bitcoin & Blockchain Summit is Florida’s first “blockchain and fintech in Florida”-focused event; the gathering highlights the ever-expanding financial technology industry. The goal of the summit is to bring together stakeholders, businesses and political leaders from all over Florida, as well as outside of the state, to collaborate on a strategy that will drive growth inside and outside the state and benefit the emerging industry. The summit will unify fintech communities, businesses, evangelists and political leaders around the world as well as state leaders within the state. This conference will be used to craft a clear and unique strategy for making Florida the leader in blockchain and financial technology.

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

Austin-Based NGO is Using Crypto and Blockchain Tech to Help Vulnerable Kids

October 31, 2022 11:50:00

The problem of children living in unhealthy or dangerous situations is almost as old as humanity, and many organizations have stepped up to help. One such organization is Upbring, based in Austin, Texas. This nonprofit is tapping innovative ways to help kids in need, and the novel technologies of cryptocurrencies and blockchain tech are offering exciting opportunities for this organization.

Serving at least 11,000 kids throughout Texas, Upbring is focused on providing foster care, resettlement and education for the children it helps. The organization has 75 locations spread throughout Texa, and carries out its mission through those locations. The company’s work is geared toward breaking 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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www.CryptoCurrencyWire.com
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Editor@CryptoCurrencyWire.com

CryptoCurrencyWire is part of the InvestorBrandNetwork.

CryptoNewsBreaks – Riot Blockchain Inc. (NASDAQ: RIOT) Shares Voting Recommendations for Upcoming Special Meeting of Stockholders

October 28, 2022 10:36:15

Riot Blockchain (NASDAQ: RIOT), an industry leader in Bitcoin mining and data center hosting, has announced voting recommendations for the Special Meeting of stockholders scheduled for November. According to the announcement, three independent proxy advisor firms that provide voting recommendations to institutional investors — Institutional Shareholder Services; Glass, Lewis & Co.; and Egan-Jones Proxy Services — have recommended that RIOT stockholders vote for proposal no. 1, which would increase the number of shares of Riot common stock authorized for issuance. The company’s board of directors has also made the same recommendation. The company noted that voting for the proposal doesn’t ensure that the newly authorized shares will be issued, it only makes the shares available if they are needed to fund opportunities such as corporate acquisitions, public or private offerings of equity securities, and attracting and retaining top talent. The company also noted that the proxy voting deadline is Nov. 16, 2022, at 11:59 p.m. ET. The actual Special Meeting is slated to start at 9 a.m. ET on Nov. 17, 2022.

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

About Riot Blockchain Inc.

Riot Blockchain’s vision is to be the world’s leading Bitcoin-driven infrastructure platform. The company’s mission is to positively impact the sectors, networks and communities that it touches. The company believes that through the combination of an innovative spirit and strong community partnership it can achieve best-in-class execution and create successful outcomes.

Riot is a Bitcoin mining and digital infrastructure company focused on a vertically integrated strategy. Riot Blockchain has Bitcoin mining data center operations in central Texas, Bitcoin mining operations in central Texas, and electrical switchgear engineering and fabrication operations in Denver, Colorado. For more information about the company, visit www.RiotBlockchain.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

New Study Finds Global Shortage of Blockchain Technology Developers

October 28, 2022 09:35:00

A recent study undertaken by Financial Express has found that while the blockchain technology industry is growing rapidly, there is a significant shortage of developers that have the requisite skills to power this industry forward.

According to the report, the annual growth rate of the blockchain industry is at an astounding 45% each year. At the current availability levels of developers, the future may see an immense talent shortage if the industry sustains its current level of growth. This study looked exclusively at India. India is miles ahead 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)
New York, New York
www.CryptoCurrencyWire.com
212.994.9818 Office
Editor@CryptoCurrencyWire.com

CryptoCurrencyWire is part of the InvestorBrandNetwork.

CryptoNewsBreaks – Marathon Digital Holdings Inc. (NASDAQ: MARA) Schedules Q3 2022 Financial Results Call

October 27, 2022 12:41:20

Marathon Digital Holdings (NASDAQ: MARA), a leader in supporting and securing the Bitcoin ecosystem, will hold a webcast and conference call on Tuesday, Nov. 8, 2022, at 4:30 p.m. Eastern Time to discuss its financial results for the third quarter ended Sept. 30, 2022. According to the announcement, financial results will be published in a press release prior to the call and available on the investor relations section of the company’s website. Interested parties should visit https://ccw.fm/QDIHE to register to participate in the conference call or listen to the live audio webcast. In addition, the webcast will be broadcast live and available for replay via the investor relations section of Marathon’s website.

To view the full press release, visit https://ccw.fm/vm3x5

About Marathon Digital Holdings Inc.

Marathon is a digital asset technology company that focuses on supporting and securing the Bitcoin ecosystem. The company is currently in the process of becoming one of the largest and most sustainably powered Bitcoin mining operations in North America, while remaining asset light. For more information about the company, visit www.MarathonDH.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
212.994.9818 Office
Editor@CryptoCurrencyWire.com

CryptoCurrencyWire is part of the InvestorBrandNetwork

Spain Leapfrogs El Salvador into Third Place as Top Crypto ATM Nation

October 26, 2022 10:20:00

Spain has pushed El Salvador into fourth position and taken the third position as the country with the biggest number of cryptocurrency ATMs. At the moment, Spain has 215 ATMs while El Salvador has 212 ATMs as of the latest count.

Globally, Spain now commands a 0.6% share of all the capacity of installed crypto ATMs, but it is the top nation in Europe with 14.6% of all the crypto ATMs installed on the continent. Switzerland comes in second with 144 ATMs, Poland is third in Europe with 142 ATMs while Romania takes fourth place 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)

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.

Samsung to Leverage Blockchain Tech to Boost User-Device Security

October 24, 2022 11:50:00

In a recent announcement, technology giant Samsung revealed that it was turning to blockchain tech in its bid to develop an additional security layer to its smart devices and consumer electronics. The new blockchain network, dubbed Knox Matrix, is designed to operate as an independent network whose sole purpose is to give millions of Samsung device users the added security and protection that they need.

The company revealed that the blockchain network would be operational on all Samsung devices regardless of the operating system running those gadgets. This means that devices having Tizen, Android or other operating systems would all be eligible to receive the software development…

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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 – Canaan Inc. (NASDAQ: CAN) Launches Avalon Made A13 Series — Taking Pursuit of Higher Computing Power to a New Level

October 24, 2022 10:12:24

Canaan (NASDAQ: CAN), a leading computing solutions provider, today announced the launch of its new generation of high-performance bitcoin mining machine. Powered by advanced ASIC technologies, the new Avalon Made A13 (“A13”) series will include two different models with enhanced computing power and improved power efficiency over its predecessors. “The launch of our new generation bitcoin mining machine is a key research and development milestone as we take our pursuit of higher computing power, better power efficiency, superior user experience, and optimal cost effectiveness to a whole new level. We are now working around the clock across the supply chain to prepare for future purchase orders and deliveries of the new products to our clients worldwide,” said Nangeng Zhang, chairman and CEO of Canaan. “While the current challenges in the industry persist, the fundamental values and the long-term growth prospects of bitcoin and the supercomputing industry remain strong. We believe that our new generation products will enable us to better fulfill our mission of supporting the bitcoin ecosystem by providing superior products, solutions and services.”

To view the full press release, visit https://ccw.fm/zjBv4

About Canaan Inc.

Established in 2013, Canaan is a technology company focusing on ASIC high-performance computing chip design, chip research and development, computing equipment production, and software services. The company’s vision is “super computing is what we do, social enrichment is why we do it.” Canaan has a rich experience in chip design and streamlined production in the ASIC field. In 2013, it released and mass produced its first ASIC bitcoin mining machine. In 2018, Canaan released the world’s first 7nm ASIC chip, providing energy efficient computing equipment to the cryptocurrency mining industry. In the same year, Canaan released the world’s first RISC-V architecture commercial edge AI chip, further harnessing the potential of ASIC technology in the field of high-performance computing and artificial intelligence.

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

Binance Announces $500m in Loans to Cryptocurrency Miners

October 21, 2022 10:20:00

Binance, the top crypto exchange in the world on the basis of the volumes traded daily, has announced that it is going to make half a billion dollars available as loans to firms engaged in cryptocurrency mining.

This lending program is intended to support blockchain infrastructure providers as well as Bitcoin mining entities at this time when the industry has been subjected to immense headwinds  resulting in the massive loss of market value. Binance Pool said in a statement that they had an obligation to play a…

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NOTE TO INVESTORS: The latest news and updates relating to Tingo Inc. (OTC: TMNA) are available in the company’s newsroom at http://ibn.fm/TMNA

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 – Tingo Inc. (TMNA) Enters Trade Agreement with Nigeria Ag/Commodities Umbrella Organization

October 20, 2022 13:30:33

Tingo (OTC: TMNA), a leading agri-fintech business in Africa, has signed a trade agreement with the All Farmers Association of Nigeria (“AFAN”). Tingo has signed a merger agreement to be acquired by MICT Inc. (NASDAQ: MICT); AFAN is the umbrella body of the 56 recognized commodities and agricultural associations in Nigeria. According to the agreement, AFAN will add a minimum of 20 million additional subscribers, which would more than triple Tingo Mobile’s current 9.3 million customer base. For its part, Tingo will provide an array of value-added products and services, including Tingo-branded smartphones, access to the Nwassa agri-fintech marketplace platform and the TingoPay Fintech super-app, and VISA-Tingo debit and credit cards. In addition, Tingo offers a wide range of agricultural products and tools, such as farming equipment, seeds, fertilizer and pesticides, as well as warehousing, transport and storage services. Tingo will also provide customers with the chance to wholesale produce locally and nationally, and export surplus produce. The announcement noted that most of the new subscribers will be owners of small- and medium-sized agricultural enterprises. “Over the past two decades, we have steadily built Tingo Mobile to support our loyal customer base of 9.3 million farmers, including more recently through the introduction of our Nwassa agri-fintech platform and our TingoPay fintech platform,” said Tingo founder and CEO Dozy Mmobuosi in the press release. “We are incredibly excited to expand our customer base to include the members of AFAN, not least as we aim to empower such members through our technology, for example, by helping them to increase crop-yields and better commercialize their agricultural products in both the national and global markets. Having today significantly further strengthened our position in Nigeria, our goal is to roll-out the Tingo Mobile model to other countries where we will continue to focus our efforts on these underserved agricultural producers and small business owners around the world.”

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

About Tingo Inc.

Tingo is the leading agri-fintech company operating in Africa, with a marketplace platform that empowers social upliftment through mobile, technology and financial access for rural farming communities. Tingo’s novel “device as a service” model allows it to add market leading applications to enable customers to trade, buy top ups, pay bills, and access insurance and lending services. With 9.3 million existing customers, Tingo is seeking to expand its operations across select markets in Africa. Tingo’s strategic plan is to become the eminent Pan-African agri-fintech business delivering social upliftment and financial inclusion to millions of SME farmers and women-led businesses. Tingo, including its subsidiary Tingo Mobile, offers its comprehensive platform service through use of smartphones — “device as a service” using GSM technology — to empower a marketplace to enable subscribers/farmers within and outside of the agricultural sector to manage their commercial activities of growing and selling their production to market participants both domestically and internationally. For more information, visit the company’s website at www.TingoGroup.com.

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

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

CryptoNewsBreaks – Riot Blockchain Inc. (NASDAQ: RIOT) Breaks Ground at 1 GW Corsicana Facility

October 19, 2022 12:52:29

Riot Blockchain (NASDAQ: RIOT), an industry leader in bitcoin (“BTC”) mining and data center hosting, today announced that it has officially broken ground at the company’s 1 gigawatt (“GW”) expansion project (“the Corsicana Facility”) in Corsicana, Navarro County, Texas. “This groundbreaking marks a significant step forward in demonstrating Riot’s ongoing commitment to positively impacting the rural communities that we operate in,” said Chad Harris, executive vice president, chief commercial officer of Riot. “The development of the Corsicana Facility builds on the success of our 700-megawatt Rockdale Facility and, when complete, will bring Riot’s market-leading position to a total of 1.7 GW of developed capacity. We look forward to strengthening existing relationships and building new, collaborative partnerships as we embark on constructing this new development.”

To view the full press release, visit https://ccw.fm/CX5Io

About Riot Blockchain Inc.

Riot Blockchain’s vision is to be the world’s leading bitcoin-driven infrastructure platform. The company’s mission is to positively impact the sectors, networks and communities that it touches. Riot believes that the combination of an innovative spirit and strong community partnership allows the company to achieve best-in-class execution and create successful outcomes. Riot is a bitcoin mining and digital infrastructure company focused on a vertically integrated strategy. The company has bitcoin mining data center operations in central Texas, bitcoin mining operations in central Texas, and electrical switchgear engineering and fabrication operations in Denver, Colorado. For more information, visit www.RiotBlockchain.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
212.994.9818 Office
Editor@CryptoCurrencyWire.com

CryptoCurrencyWire is part of the InvestorBrandNetwork

Mastercard Zeroes in On Five Factors to Facilitate Use of Cryptos as Payments

October 19, 2022 11:50:00

MasterCard recognizes the potential of cryptocurrencies and has set its sights on playing a role in making these digital currencies forms of payment that people can use on a daily basis. To this end, the company is focusing its attention on five aspects that can make it possible for cryptos to become mainstream forms of payment.

Raj Dhamodharan, executive VP at MasterCard responsible for digital assets, blockchain products as well as digital partnerships at the company, says that the infrastructure of the financial system could be transformed by digital assets such as cryptocurrencies and digital currencies issued by central…

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NOTE TO INVESTORS: The latest news and updates relating to LQwD FinTech Corp. (TSX.V: LQWD) (OTCQB: LQWDF) are available in the company’s newsroom at http://ibn.fm/LQWDF

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 – Upstream Featured in CryptoNewsAudio Podcast

October 19, 2022 11:05:59

Upstream, a revolutionary exchange and trading app for digital securities and NFTs, was featured in the latest episode of The CryptoNewsAudio Podcast, an IBN (InvestorBrandNetwork) solution to provide specialized content distribution via widespread syndication channels. Mark Elenowitz, co-founder of Upstream, was featured in CryptoCurrencyWire’s latest audio production to discuss the innovative platform and MERJ Exchange (“MERJ”), which operates Upstream as a fully regulated and licensed integrated securities exchange, clearing system and depository for digital and non-digital securities. “We’re the only exchange in the world that’s built using blockchain,” Elenowitz said. “We’re also an affiliate of the World Federation of Exchanges. This is a group that includes nearly every major stock exchange from around the world. We are combining the best available technology with the highest standards of traditional investor protections… What makes us really exciting is that we’re powered by the blockchain. We’re an ethereum-based marketplace that allows investors to have an immutable and transparent experience where all transactions are out on the blockchain. Everyone has the opportunity to be able to see it, so there’s no gameplaying or manipulation, making it a much more level playing field for all participants.”

To view the full press release, visit https://ccw.fm/E2A68

About Upstream

Upstream is a revolutionary exchange and trading app giving U.S. and global issuers access to a global investor base that can trade shares with both crypto and U.S. dollars. As a MERJ Exchange Market, Upstream is built for investors of all levels looking to trade shares in IPOs, NFTs, crowdfunded companies, U.S. and international equities, SPACs and celebrity ventures. For more information, visit the company’s website at www.Upstream.exchange.

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 – Coinbase Global Inc. (NASDAQ: COIN), Primer Announce Strategic Integration to Compete in the Evolving Payments Landscape

October 19, 2022 10:05:06

Coinbase (NASDAQ: COIN), together with Primer, the world’s first automation platform for payments and commerce, announced a strategic integration that allows merchants in global markets to add crypto as a standard method of payment at checkout. According to the update, Coinbase Commerce, Coinbase’s platform to help merchants accept cryptocurrency payments, can be added to Primer’s Universal Checkout with clicks, not code. As a result, merchants using Primer can now add crypto payments easily and quickly to their checkout page, which is critical given that 40% of global consumers are expected to use cryptocurrency to make a payment within the next year. “The payments landscape is evolving at a rapid pace, and consumers are expressing a tremendous amount of excitement for cryptopayments,” said Roy Zhang, group product manager, Coinbase Commerce. “Merchants are faced with the challenge of building seamless checkout experiences that offer consumers the flexibility they want. With Coinbase Commerce and Primer working together, any merchant can make secure cryptocurrency payments as readily available to their customers as traditional payment methods like credit cards.”

To view the full press release, visit https://ccw.fm/FM5GU

About Coinbase Global Inc.

Coinbase is building the cryptoeconomy – a more fair, accessible, efficient, and transparent financial system enabled by crypto. The company started in 2012 with the radical idea that anyone, anywhere should be able to easily and securely send and receive bitcoin. Today, Coinbase offers a trusted and easy-to-use platform for accessing the broader cryptoeconomy. Built for institutions, Coinbase Prime integrates advanced agency trading, custody, prime financing, staking, staking infrastructure, market data, and reporting that supports the entire transaction lifecycle. Coinbase combines these capabilities with leading security, insurance and compliance practices to provide institutional clients of Coinbase with a full-service platform to access crypto markets at scale. For more information about Coinbase, visit https://Investor.Coinbase.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

LQwD FinTech Corp. (TSX.V: LQWD) (OTCQB: LQWDF) Committed to Enhancing Blockchain Micropayment Transactions on Lightning Network

October 19, 2022 08:50:00
  • LQwD is leveraging the Lightning Network to facilitate worldwide micropayments of BTC with faster transaction times and lower fees
  • The company’s PaaS also acts as a Liquidity Service Provider for merchants, enabling users of the platform to do more with the proprietary tools created and backed by the company’s BTC assets
  • The global blockchain market was valued at US $4.67 billion in 2021 and is expected to grow from US $7.18 billion in 2022 to US $163.83 billion in 2029

Technological advances have made it possible for industry advances that were often underestimated. For example, the Voice-Over-Internet-Protocol (“VOIP”) movement was dismissed after being introduced in 1995 – until the broadband technology to scale VOIP arrived in 2003, and telecom found its copper-wire networks obsolete (https://ccw.fm/XZMyA). The financial industry is seeing the same kind of shift with Bitcoin and other cryptocurrencies. Many critics have underestimated the value that blockchain holds in the infrastructure of banking institutions, but now the Lightning Network is positioning itself to scale the industry and increase the once underestimated crypto industry capabilities.

LQwD FinTech (TSX.V: LQWD) (OTCQB: LQWDF), a financial technology company focused on creating enterprise-grade infrastructure to drive bitcoin adoption, is on a mission to develop institutional-grade services that support the Lightning Network and drive improved functionality, transaction capability…

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

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
212.994.9818 Office
Editor@CryptoCurrencyWire.com

CryptoCurrencyWire is part of the InvestorBrandNetwork.

Despite Cyptos’ Slump, Blockchain Technology Still Attracting Institutional Interest

October 17, 2022 11:50:00

For a long time, pundits have posited that cryptocurrencies and blockchain technology will truly take off once institutional investment into the industry starts pouring in. In 2021, institutional investors picked interest in decentralized finance (defi), the metaverse, and NFTs (non-fungible tokens). However, the slump in the prices of cryptos witnessed in 2022 put the brakes on the momentum of capital flow into blockchain technologies, although institutional interest has remained strong.

According to Amberdata’s cofounder and COO Tongtong Gong, the rate at which institutional investors are exhibiting interest in blockchain technology is at an all-time high and is growing rapidly. Amberdata is a data analytics company offering trading research, backtesting, compliance and accountancy, risk…

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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
212.994.9818 Office
Editor@CryptoCurrencyWire.com

CryptoCurrencyWire is part of the InvestorBrandNetwork.

LQwD FinTech Corp. (TSX.V: LQWD) (OTCQB: LQWDF) Committed to Facilitating BTC Transactions Worldwide via Lightning Network

October 17, 2022 11:05:00
  • LQwD is focused on creating enterprise-grade infrastructure to drive bitcoin adoption and, develop institutional-grad services supporting the Lightning Network functionality, transaction capabilities, and bring BTC to scale
  • LQwD Lightning Network nodes include Canada, France, Japan, England, Japan-Osaka, Australia, Italy, Indonesia, Bahrain, South Africa, South Korea, Sweden, Singapore, Hong Kong, Brazil, Germany, India, Ireland, and US-West
  • Currently servicing 17 countries, LQwD plans to increase reach to 24 worldwide by the end of the current quarter
  • The global blockchain market was valued at US $4.67 billion in 2021 and is projected to reach US $7.18 billion in 2022, and then US $163.83 billion by 2029

LQwD FinTech (TSX.V: LQWD) (OTCQB: LQWDF) is a financial technology company focused on creating enterprise-grade infrastructure to drive bitcoin adoption and develop institutional-grade services that support the Lightning Network’s functionality, transaction capabilities, user adoption and utility, and scale bitcoin. The company’s platform-as-a-solution (“PaaS”), lqwd.tech enables Lightning Network node hosting and channel management and serves as a Liquidity Service Provider (“LSP”) for merchants – allowing for blockchain transactions worldwide.

Blockchain was introduced in 2008 and is a digitally distributed, decentralized, public ledger most notably used with cryptocurrencies – but the technology does not facilitate the transaction times necessary to bring it to scale. The Lightning Network, a layer 2 payment protocol atop the…

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

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.

Google to Start Accepting Crypto Payments Via Coinbase for Cloud Services

October 14, 2022 11:05:00

Google announced recently that it is going to allow a limited number of its cloud services customers to start paying for those services using cryptocurrencies. This new payment mode is slated for early 2023, and Coinbase Global Inc. (NASDAQ: COIN) will facilitate those transactions.

This deal could give Google an edge over its competitors in the cloud business segment because hardly any of those companies currently accepts digital assets as payment for any…

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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 – Bit Digital Inc. (NASDAQ: BTBT) Reports on September 2022 Production

October 14, 2022 09:39:10

Bit Digital Inc. (NASDAQ: BTBT), a digital asset mining company headquartered in New York, has released September 2022 unaudited numbers for its Bitcoin and Ethereum production; the report also included corporate updates for the month. Highlights note that last month Bit Digital earned 141.3 Bitcoins, which is a 3% decrease compared to August 2022. According to the company, the downward trend resulted from an increase in the network hash rate. As of Sept. 30, 2022, treasury holdings of BTC and ETH for the company were 943.3 and 5,261.7, with a fair market value of approximately $18.3 million and $7.0 million, respectively; the company also reported owning 38,594 Bitcoin miners and 730 Ethereum miners at month’s end. As for miner deployment, Bit Digital deployed 14,308 Bitcoin miners and 0 ETH miners, representing 36% of the Company’s fleet and 1.35 EH/s and 0 TH/s, respectively. The report also noted that Compute North provided approximately 20 MW of capacity for the Company’s miners during the month with Bit Digital’s overall expected future hosting capacity with Compute North projected to be approximately 48 MW. The report added that Compute North has filed for Chapter 11, and Bit Digital has requested additional information and is reviewing its relationship with Compute North. 

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

About Bit Digital Inc.

Bit Digital is a bitcoin mining company headquartered in New York City. The company’s mining operations are located in North America. For additional information about this company, visit www.Bit-Digital.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 – HIVE Blockchain Technologies Ltd. (NASDAQ: HIVE) (TSX.V: HIVE) (FSE: HBFA) Issues September 2022 Production and Post Ethereum Merge Corporate Updates

October 12, 2022 12:03:23

HIVE Blockchain Technologies (NASDAQ: HIVE) (TSX.V: HIVE) (FSE: HBFA) today provided a corporate post Ethereum merge update and announced the production figures from the company’s global Bitcoin and Ethereum mining operations for the month of September 2022. According to the announcement, HIVE has a BTC HODL balance of 3,350 Bitcoin and 356 Ethereum as of Sept. 30, 2022. “Using our returns on invested capital from the Ethereum mining business, which had higher gross mining margins than the Bitcoin mining business, HIVE expanded our Bitcoin mining ASIC hashrate and daily production, thus allowing us to grow our Bitcoin HODL to over 3,300 BTC,” said HIVE’s Executive Chairman Frank Holmes. “The company has sold substantively all of its Ethereum. In September we produced an average of 13.2 Bitcoin Equivalent* per day, comprised of approximately 9.0 BTC per day and GPU production of approximately 4.2 Bitcoin per day.”

To view the full press release, visit https://ccw.fm/nYZ1k

About HIVE Blockchain Technologies Ltd.

HIVE Blockchain Technologies went public in 2017 as the first cryptocurrency mining company with a green energy and ESG strategy. HIVE is a growth-oriented technology stock in the emergent blockchain industry. As a company whose shares trade on a major stock exchange, HIVE is building a bridge between the digital currency and blockchain sector and traditional capital markets. HIVE owns state-of-the-art, green energy-powered data centre facilities in Canada, Sweden and Iceland, where it endeavours to source green energy to mine digital assets such as Bitcoin on the cloud. Since the beginning of 2021, HIVE has held in secure storage the majority of its treasury of ETH and BTC derived from mining rewards. The company’s shares provide investors with exposure to the operating margins of digital currency mining, as well as a portfolio of Bitcoin. Because HIVE also owns hard assets such as data centers and advanced multiuse servers, the company believes its shares offer investors an attractive way to gain exposure to the cryptocurrency space. For more information and to register to HIVE’s mailing list, please visit www.HIVEBlockchain.com.

*The company uses the metric “Bitcoin Equivalent” as a representation of how much revenue the company generates, denominated in Bitcoin (instead of, for instance, USD). The company calculated Bitcoin Equivalent as follows: For a given period of time, Bitcoin Equivalent equals the revenue the company generates from mining Ethereum divided by the price of Bitcoin. The revenue the company generates from mining Ethereum is calculated by multiplying the quantity of Ethereum Mined times the price of Ethereum.

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

BlackRock’s Latest ETF Pours Money into 35 Blockchain Companies

October 12, 2022 09:35:00

BlackRock, the largest asset management company in the world, recently launched a new exchange traded fund (ETF) to give its customers in Europe an opportunity to invest in blockchain technology companies as well as ancillary companies to this industry. This new ETF, which was unveiled on Sept. 27, 2022, dubbed iShares Blockchain Technology UCITS ETF, is putting 75% of its holdings into blockchain firms (crypto exchanges and crypto mining firms, for example) while the remaining 25% will be held in blockchain ancillary enterprises, such as those specializing in providing legal services to blockchain industry players.

At the moment, the ETF has invested in approximately 50 global companies; 35 are blockchain companies while the remaining 15 are entities serving the blockchain ecosystem. The holdings include blockchain derivatives as well as fiat cash, but no direct investment has been made in…

Read More>>

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 – Coinbase Global Inc. (NASDAQ: COIN) Schedules Release of Q3 2022 Financial Results

October 11, 2022 11:42:07

Coinbase Global (NASDAQ: COIN) plans to publish its third-quarter 2022 shareholder letter, which will include financial results, on Nov. 3, 2022. The letter will go live after market close and will be available on the company’s investor relations website. In addition, the company announced plans to host a webcast, slated for 2:30 p.m. PT on the same day, after it releases the report. The webcast will include a discussion of the report and will feature a Q&A session. The company invites shareholders to submit questions for the event beginning on Oct. 27, 2022; questions can be submitted until 24 hours before the earnings call. Those interested can access a live webcast of the call on the company’s investor website; a transcript and replay of the call will be available following the call on the same website.

To submit questions for the webcast, visit https://ccw.fm/DG8kN

To view the webcast, visit https://ccw.fm/3d2Yh

To view the full press release, visit https://ccw.fm/xLO1S

Coinbase Global Inc.

Coinbase is building the cryptoeconomy — a more fair, accessible, efficient and transparent financial system enabled by crypto. The company started in 2012 with the radical idea that anyone, anywhere, should be able to easily and securely send and receive Bitcoin. Today, Coinbase offers a trusted and easy-to-use platform for accessing the broader cryptoeconomy. For more information about the company, visit www.Coinbase.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 – Bit Digital Inc. (NASDAQ: BTBT) Issues Update Regarding Hosting Partner’s Operations

October 11, 2022 11:36:10

Bit Digital (NASDAQ: BTBT), a digital asset mining company headquartered in New York, recently announced updates related to its hosting partner’s operations. According to the announcement, Bit Digital received a notice dated Oct. 4, 2022, from the City of Niagara Falls, New York, pertaining to a facility that is owned and operated by one of the company’s hosting partners, Blockfusion USA Inc. The notice orders the cease and desist from any cryptocurrency mining or related operations at the facility until such time as Blockfusion complies with Section 1303.2.8 of the City of Niagara Falls Zoning Ordinance and all other city ordinances and codes. Blockfusion has advised Bit Digital that the ordinance came into practical effect on Oct. 1, 2022, following the expiration of a related moratorium on Sept. 30, 2022, and that it is preparing applications for new permits, which may take several months to process, based on the ordinance’s new standards. Bit Digital management continues to monitor the situation and has further notified Blockfusion that it expects it to comply with directives of the notice. Approximately 17% of Bit Digital’s total active mining fleet is currently located at the Blockfusion facility in Niagara Falls. As of Oct. 6, 2022, the company had a total of 13,980 mining units actively hashing.

To view the full news release, visit https://ccw.fm/nXv3p

About Bit Digital Inc.

Bit Digital is a bitcoin mining company headquartered in New York City with operations located in North America. For additional information, please contact IR@bit-digital.com or visit the company’s website at www.Bit-Digital.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