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.

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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…

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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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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) 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

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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

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EU Parliament Approves Resolution Calling for Blockchain, Crypto Tax Policies

October 10, 2022 11:50:00

Decentralized blockchain technology took the world by storm when it was first introduced more than a decade ago. Blockchain and crypto promised to deliver enhanced security and privacy, visibility, traceability, fast transactions and immutability. The crypto market grew increasingly popular over the years and attracted millions of users, especially those from developing countries because they traditionally have limited access to investing.

With a valuation of $1.6 billion in 2021, the cryptocurrency market is expected to be worth $2.2 billion by 2026. As the market has grown and evolved, there have been efforts by lawmakers in regions that allow cryptocurrencies to pass some kind of crypto policies. The European Union parliament recently…

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About CryptoCurrencyWire

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

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

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

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CryptoCurrencyWire is part of the InvestorBrandNetwork.

CryptoNewsBreaks – Valour Inc. (NEO: DEFI) (GR: RMJR) (OTC: DEFTF) Announces Strategic CEO Appointment of Olivier Roussy Newton

October 7, 2022 13:18:32

Valour (NEO: DEFI) (GR: RMJR) (OTC: DEFTF), a technology company and the first and only publicly traded company that bridges the gap between traditional capital markets, Web3 and decentralized finance, has announced the appointment of Olivier Roussy Newton as its CEO. The company’s former CEO, Russell Starr, will re-assume the role of head of capital markets and maintain his role as executive chairman. Roussy Newton, a co-founder of Valour, will assume the new role as a strategic move to accelerate the company’s further growth trajectory, to increase its global reach, build new partnerships and align its corporate governance initiatives globally. Previously founding and serving as president of HIVE Blockchain Technologies (NASDAQ: HIVE), the first publicly traded crypto miner, Roussy Newton is a partner at Latent Capital, an investment fund focused on breakthrough technology in quantum computing, finance and bioinformatics. He also currently sits on the board of SEBA Bank AG. “Olivier is the natural choice for CEO as we navigate these difficult markets especially given his success leading HIVE Blockchain out of similarly challenging markets,” Starr said in the news release. “My role was never intended to be permanent and having someone with Olivier’s pedigree step in is testimony to the quality of Valour as a company and the global team supporting Valour’s vision of being the dominant ETP player in the world.”

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

About Valour Inc.

Valour is a technology company and the first and only publicly traded company that bridges the gap between traditional capital markets and decentralized finance. Founded in 2019, Valour is backed by an acclaimed and pioneering team with decades of experience in financial markets and digital assets. Valour’s mission is to expand investor access to industry leading Web3 and decentralized technologies. This allows investors to access the future of finance via regulated equity exchanges using their traditional bank account. For more information about the company, visit www.Valour.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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Why the Crypto Winter Won’t Stop the Onward March of Blockchain Technology

October 7, 2022 11:05:00

This year hasn’t been great for the nascent cryptocurrency market. The first six months of 2022 saw a decline in the price of every major crypto and a 26% reduction in venture capital investment. Data from Crunchbase shows that investment in cryptocurrency companies was down to $9.3 billion in the first half of 2022 compared to $12.5 billion in the first half of 2021.

In mid-June, the rug was pulled out from under crypto investors after prices dropped significantly, with Bitcoin falling by as much as 37.3% to trade below $19,000. By the time the dust had settled, the cryptocurrency market had lost a whopping $2 trillion in value. Major cryptos such as Bitcoin and…

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About CryptoCurrencyWire

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

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

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CryptoNewsBreaks – Tingo Inc. (TMNA), MICT Inc. (NASDAQ: MICT) Enter Merger Agreement for Acquisition

October 7, 2022 10:42:38

Tingo (OTC: TMNA), a leading agri-fintech business in Africa, and MICT Inc. (NASDAQ: MICT), have signed a merger agreement outlining plans for MICT to acquire 100% of the operating business and assets of Tingo. According to the announcement, the new merger with the accompanying MICT funding should expedite the launch of Tingo’s food-produce export business; existing high-margin and material export contracts will allow a substantial portion of Tingo’s revenues to shift directly into U.S. dollars. In an amendment, the two companies accelerated and restated the original agreement and merger plan. The transaction will also support the acceleration of the development and launch of Tingo’s commodity platform and commodity trading business. Tingo offers its customers an array of technology-backed solutions and platforms designed to increase digital inclusion and financial empowerment, particularly within the farming sector, with the end goal of helping farmers increase crop yields, reduce crop wastage, improve margins and contribute toward solving the global problem of food security. The transaction involves MICT acquiring 100% of TMNA’s operating business and assets at the initial closing of the transaction in return for the issuance by MICT of a combination of 19.9% of MICT’s common stock and two series of convertible preference shares, which, if fully converted by Tingo and all conversion conditions are met, would result in Tingo owning 75% of MICT. “The Board of MICT and I are extremely excited about the tremendous prospects and opportunities arising from this new transaction,” said MICT CEO Darren Mercer in the press release. “It will have an immediate material positive impact on the income, earnings and balance sheet of MICT from the date of initial closing, which is expected to occur during November 2022, following the receipt of Tingo’s stockholder approval, in relation to which voting support agreements have been received covering approximately 70% of Tingo’s issued common stock. Tingo has clearly demonstrated its capabilities and technology, and its operating business is now extremely well positioned to expand globally, including through its upcoming new business streams and product launches.”

To view the full press releases, visit https://ccw.fm/faM56 and https://ccw.fm/KquOL

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 unique device-as-a-service model allows the company to add market-leading applications to enable customers to trade, buy top ups, pay bills, and access insurance and lending services. With approximately 9.3 million existing customers, Tingo is seeking to expand its operations across select markets in Africa. The company’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. 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

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

October 6, 2022 13:49:57

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 September 2022. According to the announcement, Marathon produced 360 BTC in September 2022, with a total of 616 BTC in Q3 2022. In addition, the company noted that total Bitcoin Holdings reached 10,670 BTC, which represents a fair market value of $207.3 million. Looking forward, the company observed that current operations at its King Mountain wind farm are in line with expectations. The announcement also noted that the King Mountain facility is hosted by Compute North, which recently initiated Chapter 11 bankruptcy proceedings. Marathon stated that the bankruptcy proceedings, which are aimed at stabilizing Compute North, should not impact MARA’s current operations or its ability to achieve its primary target of 23 exahashes per second in 2023. “During the third quarter, we sequentially improved our Bitcoin production as we successfully transitioned out of our facility in Montana and continued scaling operations at new locations, including the King Mountain wind farm in Texas,” said Marathon chair and CEO Fred Thiel in the press release. “This progress has continued into the first week of October with approximately 19,000 additional miners, representing approximately 2.0 exahashes per second, coming online since the quarter’s end. As of today, Marathon’s active fleet currently consists of approximately 57,000 active miners, representing approximately 5.7 exahashes per second. We expect to continue building our hash rate in the fourth quarter as approximately 19,000 additional miners, representing approximately 2.0 exahashes per second, are expected to come online in the next 30 days.”

To view the full press release, visit https://ccw.fm/85ow8

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

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CryptoNewsBreaks – BlockQuarry Corp. (BLQC) Q2, Q3 Reports Covered in Syndicated Broadcast

October 6, 2022 11:08:12

BlockQuarry (OTC: BLQC), a Texas-based company with commercial-stage operations in cryptocurrency mine hosting and self-mining in the southeast United States, is featured in an audio news broadcast released by NetworkNewsAudio (“NNA”). The latest release discusses BLQC’s report on its provisional and unaudited Q3 performance projections and includes highlights from its financial performance for the second quarter, or the three-month period ended June 30, 2022. The broadcast discusses the company’s revenue, which exceeded $1.5 million for Q2, up almost 8,000% year over year, as well as its total assets, which increased to nearly $11 million, up nearly 6,000%. The company also announced debt reduction from liabilities of more than $2 million in Q2 and a shareholder base of more than 7,000 shareholders with a float of 47 million shares. NNA is a solution that provides additional visibility, recognition and brand awareness for a company throughout the investment community via distribution to thousands of syndication points. “We had a fantastic 2021, but we believe 2022 is on pace to significantly raise the bar,” said BlockQuarry president and chair Alonzo Pierce in the press release. “Our hosting revenue this year has already surpassed what we produced from that segment for the whole year in 2021. Moreover, due to our market positioning and signed agreements with major partners, 2022 appears set to be our best year ever on both the top and bottom line, with Q3 on pace to show strong growth on both a sequential and year-over-year basis, and we are excited to further bolster our positioning and performance trajectory into year end. . . Given our substantial hosting footprint, our long-term trajectory toward accelerating top-line growth is not contingent on price trends in the cryptocurrency market as we scale our operations. In other words, the price of Bitcoin has no bearing on our financial performance in our hosting business. As a result, we believe our stock price no longer reflects our fundamental value proposition for our shareholders following the recent period of significant weakness in cryptocurrency related assets.”

To hear the interview, visit https://ccw.fm/tOUqy

To view the full press release, visit https://ccw.fm/HS89R

About BlockQuarry Corp.

BlockQuarry focuses on cryptocurrency mine hosting and self-mining operations at a leased property located in Gaffney, South Carolina. BlockQuarry also maintains a fleet of digital/cryptocurrency mining equipment and infrastructure. For more information about the company, visit www.BlockQuarry.io.

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

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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How Cryptocurrencies Are Helping the US Dollar

October 5, 2022 10:20:00

For the past couple of weeks, the greenback has experienced a rally that has seen it achieve highs it hadn’t seen in two decades. The dollar’s surge in value came amid efforts by the U.S. Federal Reserve to forestall inflation. Over the past three months, the Fed has raised the benchmark interest rate by 0.75 basis points, and it has signaled that there may be even more interest rate hikes as the risk of inflation increases.

The dollar’s surge has threatened a long-held idea among crypto enthusiasts that digital tokens such as Bitcoin posed a significant threat to the dollar’s global dominance. The current rally in the greenback prices has shown that rather than undermine the dollar, cryptocurrencies seem to be helping the…

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About CryptoCurrencyWire

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

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

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CryptoNewsBreaks – Riot Blockchain Inc. (NASDAQ: RIOT) Reports on September 2022 Production, Operations

October 4, 2022 13:46:21

Riot Blockchain (NASDAQ: RIOT), an industry leader in Bitcoin mining and data center hosting, has released a status update for production and operations for September 2022. Highlights of the report note that Riot produced 355 BTC, an estimated 13% decrease compared to September 2021, and at month-end, Riot held approximately 6,775 BTC — all produced by the company’s self-mining operations. The company also sold 300 BTC during the month, resulting in about $6.1 million net proceeds, and deployed a fleet of 55,728 miners, with a hash rate capacity of 5.6 exahash per second (“EH/s”). As for infrastructure, the company’s engineering and construction teams made significant progress on Riot’s 400 megawatt (“MW”) digital infrastructure expansion project, with progress also noted on work scheduled for Buildings D and G. Looking forward, Riot is forecasting a total self-mining hash rate capacity of 12.5 EH/s, assuming full deployment of approximately 115,450 Antminer ASICs while excluding any potential incremental productivity gains from the company’s utilization of 200 MW of immersion-cooling infrastructure. According to the announcement, Riot’s self-mining fleet will consist of the latest generation S19-series miners. “Riot made remarkable operational progress this September, which was the last month of our participation in ERCOT’s 4CP program for the year,” said Riot CEO Jason Les in the press release. “We are thrilled to announce that Building D, the sixth building at our Rockdale facility, is now online. Our team has expanded Riot’s total deployed fleet by 9,070 miners and increased our hash rate capacity to an all-time high of 5.6 EH/s. Additionally, we have already received nearly 15,000 S19-series miners, including the newest generation S19 XPs. In the coming months, we will remain focused on aggressively increasing our deployed hash rate as we work 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/pLFId

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.

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

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CryptoNewsBreaks – Crypto Assets Conference to Collaborate with IBN for Upcoming German Event

October 3, 2022 12:59:17

Crypto Assets Conference (“CAC22B”), one of the leading blockchain technology conferences in Europe, will be partnering with InvestorBrandNetwork (“IBN”) to provide coverage of its Germany event. The event is scheduled for Oct. 18–19, 2022, and will be held at the Frankfurt School Blockchain Center. According to the announcement, the two-day event is designed to offer invaluable knowledge focused on the latest market trends and research findings. The conference agenda is broken into two tracks, one for each day. The theme for day 1 is “Bitcoin, Crypto Assets, Smart Contract Platform, DeFi, Metaverse, NFTs and Inflation”; day 2 theme is “Digital Securities, Digital Assets, Digital Euro, Infrastructure, MiCA, Custody and Sustainability.” Event organizers anticipate hundreds of in-person guests along with more than 5,000 participating online. As the media sponsor for the event and an innovative corporate communications firm and content distributor, IBN is dedicated to providing an array of professional corporate communications solutions to increase awareness and visibility of the conference. “The Frankfurt School Blockchain Center is a global leader for research in blockchain technology and emerging business models,” said IBN communications director Jonathan Keim in the press release. “Being situated at the heart of the Europe’s largest economy, this conference is uniquely positioned to facilitate networking among a broad spectrum of digital asset players. We will leverage our extensive network of downstream publishers to enable broader, targeted reach among millions of online investors.”

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

About Crypto Assets Conference

Crypto Assets Conference (“CAC22B”) is one of Europe’s leading digital assets conferences. The world of digital assets is changing rapidly. Cryptocurrencies such as Bitcoin and Ethereum mature, DeFi protocols and NFTs grow at a rapid pace, Metaverse is the tech’s newest trend, the Digital Euro is being discussed frequently and blockchain technology has more use cases than ever. Digital assets are here to stay, and their future is brighter than ever before. CAC22B joins more than 300 guests each day onsite with more than 5,000 online attendees. The event offers a diverse range of thought leaders and industry experts who unite to talk about all things crypto. For more information about the event, please visit www.Crypto-Assets-Conference.de.

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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California Governor Vetoes Bill Regulating Cryptos

October 3, 2022 12:05:00

More than a decade after the introduction of Bitcoin, millions of Americans now hold some kind of digital token. Bitcoin, the largest crypto in the world, boasts more than 80 million users globally while Ethereum is poised to become just as big after the conclusion of the long-awaited ETH merge. In total, there are more than 12,000 cryptocurrencies in the world.

But despite the immense popularity of digital tokens, few standard crypto regulations exist in the United States. And since decentralized blockchain technology allows for private and secure transactions, the crypto market has unfortunately attracted plenty of criminal elements. Recent efforts to pass…

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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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Dubai Police Announces 24-Hour Timeline to Recover Lost Passports Using Blockchain Tech

September 30, 2022 11:05:00

Blockchain technology may have been popularized by the cryptocurrency craze, but it is now being used in a variety of alternative applications. Features such as elevated security and data traceability that made cryptocurrencies such a hit have made blockchain equally popular and resulted in plenty of innovative uses. For example, authorities in Dubai are leveraging blockchain technology to speed up passport recovery efforts.

Losing your passport can be a hassle, especially if it happens in a foreign country, and it can take anywhere from eight business days to eight weeks to have the passport replaced.  In the United Arab Emirates (UAE), however, blockchain technology will allow you to find your missing passport within…

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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 – BlockQuarry Corp. (BLQC) Releases Corporate Update, Financial Highlights

September 29, 2022 11:30:35

BlockQuarry (OTC: BLQC), a Texas-based company with commercial-stage operations in cryptocurrency mine hosting and self-mining in the southeast United States, is providing shareholders with provisional and unaudited Q3 performance projections along with highlights from its financial performance for the three months ended June 30, 2022. According to the update, BLQC management anticipates that the company is “on pace” for top-line sequential quarterly growth of some 30% during the three months ending Sept. 30, 2022. In addition, the update noted that for the three months ended June 30, 2022, revenue was up almost 8,000% year over year, totaled more than $1.5 million, and total assets increased by nearly 6,000%, reaching nearly $11 million. In addition, debt reduction from liabilities for the quarter was over $2 million and shareholder base numbered more than 7,000 shareholders and a float of 47 million shares. The announcement also noted that the company has been fully engaged in the process of responding to SEC comments for the confidential filing of Form S-1. “We had a fantastic 2021, but we believe 2022 is on pace to significantly raise the bar,” said BlockQuarry president and chair Alonzo Pierce in the press release. “Our hosting revenue this year has already surpassed what we produced from that segment for the whole year in 2021. Moreover, due to our market positioning and signed agreements with major partners, 2022 appears set to be our best year ever on both the top and bottom line, with Q3 on pace to show strong growth on both a sequential and year-over-year basis, and we are excited to further bolster our positioning and performance trajectory into year end. . . . Given our substantial hosting footprint, our long-term trajectory toward accelerating top-line growth is not contingent on price trends in the cryptocurrency market as we scale our operations. In other words, the price of Bitcoin has no bearing on our financial performance in our hosting business. As a result, we believe our stock price no longer reflects our fundamental value proposition for our shareholders following the recent period of significant weakness in cryptocurrency related assets. Given our hybrid model, our lack of toxic financing on the balance sheet, and our current partnerships and agreements with strong-handed players in the space, we believe we are positioned to thrive over the long term.”

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

About BlockQuarry Corp.

BlockQuarry focuses on cryptocurrency mine hosting and self-mining operations at a leased property located in Gaffney, South Carolina. BlockQuarry also maintains a fleet of digital/cryptocurrency mining equipment and infrastructure. For more information about the company, visit www.BlockQuarry.io.

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

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 – LQwD FinTech Corp. (TSX.V: LQWD) (OTCQB: LQWDF) Leveraging LN to Enhance Micropayment Experience

September 28, 2022 14:14:54

LQwD FinTech (TSX.V: LQWD) (OTCQB: LQWDF), a company focused on developing institution-grade payment infrastructure, liquidity and solutions for the Lightning Network (“LN”), is leveraging the LN in pursuit of expanding the capabilities of Bitcoin. “Several countries worldwide have used the LN to their advantage, opening up payment opportunities that would not have existed otherwise. Last year, El Salvador adopted Bitcoin as a legal tender, using the LN’s capabilities to process millions of transactions to facilitate the purchase of everyday goods… Other countries are making Bitcoin payment more accessible, adding payment options in the cryptocurrency to everyday transactions,” a recent article reads. “As a public company, LQwD aims to leverage its position within the industry to enhance the micropayment experience. The company intends to build a strong brand and capture valuable ‘land’ in the highly sought-after digital payments realm. The current plan of execution includes the acquisition of nodes and channels, leveraging the LN, increasing transaction volumes and brand awareness as it continues to expand and utilize its own Bitcoin assets.”

To view the full article, visit https://ccw.fm/A4Lwu

About LQwD FinTech Corp.

LQwD is a Lightning Network Service Provider (“LSP”) focused on developing payment infrastructure and solutions accelerating the global mega trend of Bitcoin adoption through the Lightning Network. The company’s mission is to develop institutional grade services that support the Lightning Network and drive improved functionality, transaction capability, user adoption and utility and scaling Bitcoin. LQwD also holds and acquires Bitcoin as an operating asset, establishing nodes and payment channels on the Lightning Network. For more information, visit the company’s website at www.LQwDFinTech.com.

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 (“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 Messaging App to Leverage Blockchain to Enhance User Data Privacy

September 28, 2022 08:05:00

In a world where companies make billions from collecting and selling user data, blockchain is providing a way for people to keep their communications private. Humanity is now more connected than it has ever been before. With the touch of a button, you can interact with anyone around the world instantaneously. But how secure are those communications?

There have been increasing data-privacy issues in recent years even as messaging apps such as WhatsApp and Telegram have adopted security features, including peer-to-peer and encrypted communication. For instance, Facebook, which owns Messenger, WhatsApp, Instagram and many more, is said to have…

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About CryptoCurrencyWire

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

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

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

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CryptoCurrencyWire is part of the InvestorBrandNetwork.

CryptoNewsBreaks – PIXELYNX Announces Strategic Appointment of Chris Mendez as VP of Ecosystems

September 27, 2022 14:30:19

PIXELYNX, the music metaverse(TM) gaming platform founded by groundbreaking electronic musicians and technology visionaries Joel Zimmerman aka deadmau5 and Richie Hawtin aka Plastikman, today announced the appointment of Chris Mendez to the newly created position of vice president of ecosystems. Reporting directly to PIXELYNX CEO and co-founder, Inder Phull, Mendez will oversee internal partnerships and strategies across PIXELYNX’s various interoperable ecosystems. Mendez brings significant expertise, most recently serving as senior technical product manager for the video/voice calling service WhatsApp, where he served 1.6 billion users who make 1 billion phone calls daily. “Chris’ many years of managing large-scale tech platform projects make him a valuable addition to the PIXELYNX team,” said Inder Phull, CEO and co-founder of PIXELYNX. “Chris will be largely elemental in further creating interoperable ecosystems within our universe and helping build the foundations of the music metaverse.”

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

About PIXELYNX

PIXELYNX is a new gaming venture by iconic musicians and technologists Joel Zimmerman aka deadmau5, Richie Hawtin aka Plastikman, and music industry visionaries Ben Turner (Graphite; IMS: International Music Summit; AFEM: Association for Electronic Music), Dean Wilson (Seven20 Entertainment / mau5trap), and Inder Phull, a music metaverse futurist. The company, based in London and Los Angeles, is focused on building a music metaverse that will transform the way artists connect and engage with their fans through gaming experiences. Its debut mobile game, ELYNXIR, will be out later this year. For more information, visit www.PIXELYNX.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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CryptoCurrencyWire is part of the InvestorBrandNetwork

CryptoNewsBreaks – GreenBox POS (NASDAQ: GBOX) Shareholders Voting on New Brand: RYVYL

September 26, 2022 12:13:32

GreenBox (NASDAQ: GBOX), a rapidly growing financial technology company leveraging unique blockchain security and token technology to deliver customized blockchain-driven solutions, is rebranding the company as RYVYL; the company is asking shareholders to confirm the move ahead of the company’s annual meeting, which is scheduled for Oct. 6, 2022; shareholder vote results will be reported after the meeting. According to the announcement, the new name and overhauled look is more accurately communicating the company’s exclusive end-to-end suite of payment and financial service products for both businesses and consumers as well as bringing world-class branding to the fintech space. GreenBox POS chief marketing officer Jacqueline B. Reynolds has led the rebranding campaign. Reynolds is a marketing industry veteran with leadership experience at the Coca-Cola Company, 7-Eleven, McDonald’s, Verizon and Casanova/McCann, one of the world’s leading Hispanic advertising agencies, as well as many other household names. Reynolds stated that the company was focusing on true differentiation that would evoke trust and relevance while also communicating values of tenacity, passion, moxie, vision, empowerment and integrity. The rebranding efforts are already seeing results: during Q2 2022, the company recorded a record processing volume more than $1 billion, some 50% ahead of internal projections and a 40% increase over Q1 and more than double second quarter 2021. “We are confident our leading-edge technology has massive potential to lead a revolution in the fintech industry, impacting businesses and consumers alike,” said GreenBox POS CEO Fredi Nisan in the press release. “We want a brand that is as transformative as our product suite and the underlying technology that brings it to life.”

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

About GreenBox POS

GreenBox is an emerging financial technology company leveraging proprietary blockchain security and USD-pegged stablecoin token technology to build customized payment solutions for merchants and consumers. Founded in 2017, the company’s applications enable an end-to-end suite of turnkey financial products and fraud detection, and improve the efficiency of handling large-scale commercial processing volumes. The GreenBox platform offers a number of distinct advantages over traditional payment technologies including greater security and data privacy, enhanced identity theft protection and rapid speed to settlement. As a result, the GreenBox platform can log immense volumes of immutable transactional records in real time for tier-1 partners around the globe.  For more information about the company, please visit www.GreenBoxPOS.com.

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

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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Crypto Fest 2022 Gears Up for Networking and Entertainment for the Crypto-Defi-NFT-Web3 Community

September 26, 2022 11:50:00

The 4th edition of the Crypto Fest 2022 is being held on September 30, 2022, as a hybrid event in Cape Town, South Africa, and via live stream. Enthusiasts, businesses, and traders all over the world looking forward to the event can participate virtually. The Crypto Fest, in collaboration with the SA Innovation Summit, the largest startup event in Africa, is a part of the Week of Innovation taking place in Cape Town over 3 days, the 27-29 September 2022. 

The abode of heritage sites, beautiful beaches, and a plethora of scenic places and natural reserves, South Africa is the perfect venue to host the Crypto Fest 2022. The theme of the Crypto Fest is a play on the satire-comedy movie ‘Don’t Look Up. The theme revolves around people’s inability to…

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To learn more, please visit, https://cryptofest.co.za/.

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.

Harris Poll Survey Finds Nearly 8 in 10 Crypto Investors Convinced of Becoming Billionaires

September 26, 2022 08:05:00

A recent poll revealed that most cryptocurrency investors are optimistic about their crypto holdings. Despite the recent crypto winter that saw the crypto market lose a whopping $2 trillion, 8 out of 10 crypto investors are confident that their holdings will make them rich. When nearly 2,000 Americans were asked about their thoughts on billionaires, 71% of the investors said that they believed they already had the tools they needed to become billionaires.

In comparison, only 44% of all the groups combined believed they had the tools to make billions of dollars in the future. An estimated 60% of the cryptocurrency investors who were surveyed reported that they saw billionaires as an inspiration and wanted to become…

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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 – GBA’s Upcoming Event to Showcase Insights Shaping the Future of Digital Commerce and Blockchain

September 23, 2022 12:38:30

The Government Blockchain Association (“GBA”) today announced that Carole House, a former member of the White House National Security Council and one of the architects of the President’s Executive Order on Ensuring Responsible Development of Digital Assets, will deliver a keynote address at an upcoming event. The Blockchain and Infrastructure: Building Blockchain for Government event is slated to take place Sept. 29-30, 2022, at the National Press Club in Washington, D.C. “With speakers from the highest levels of government and commerce, this year’s event provides unfettered insights from the people shaping the future of digital commerce and blockchain,” said GBA Executive Director Gerard Dache. “We’ve developed an agenda that offers attendees a rare opportunity to hear from and engage with the most influential advocates operating at the highest levels of both the public and private sectors.”

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

About the Government Blockchain Association (“GBA”)

The GBA is a membership organization to facilitate the connection, communication and collaboration of the public and private sector to solve problems for citizens. GBA has members that work in over 500 government offices around the world at the local, state, national, and international levels. The GBA also has over 50 working groups. For more information, go to www.GBAglobal.org or contact Kathy.Dache@GBAglobal.org.

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

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South Korea’s Biggest Credit Card Issuer Unveils Blockchain System to Identify Counterfeit Goods

September 23, 2022 00:35:00

A 2019 report from the European Union Intellectual Property Office and the Organization for Economic Cooperation and Development (OECD) revealed that trade in pirated and counterfeit goods accounts for 3.3% of global trade. Based on data from customs seizures in 2016, the total value of counterfeit goods worldwide is $509 billion, up from $461 billion in 2013.

Fake goods, especially medical supplies, food, toys, car parts, electrical goods and cosmetic brands, present significant health and safety risks to the public. In addition, they generate billions of dollars in profit for the organized crime syndicates behind counterfeit trade. A major credit card issuer in…

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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.

SWIFT Explores Blockchain Tech to Boost Interbank Communication

September 21, 2022 12:35:00

The Society for Worldwide Interbank Financial Telecommunication (SWIFT) is a global system that allows banks to make cross-border transactions and payments worldwide. Founded in 1973 and headquartered in Belgium, SWIFT serves as the main messaging network for the initiation of international payments. Like several corporations and governments, SWIFT is now considering incorporating blockchain into its network.

The global payment system first looked at blockchain five years ago, announcing in January 2017 that it was launching a Proof of Concept (PoC) to determine whether banks could use blockchain technology to enhance the real-time reconciliation of their Nostro databases and optimize 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

CryptoCurrencyWire (CCW)
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Editor@CryptoCurrencyWire.com

CryptoCurrencyWire is part of the InvestorBrandNetwork.

CryptoNewsBreaks – PIXELYNX, Laylo to Bring Web3 Creators New Solution to Build Incredible Drop Experiences

September 20, 2022 11:47:19

PIXELYNX, the music metaverse(TM) gaming platform founded by groundbreaking electronic musicians and technology visionaries Joel Zimmerman aka deadmau5 and Richie Hawtin aka Plastikman, today announced a strategic partnership with Laylo, a creator messaging and CRM platform designed for drop notifications and fan engagement. The companies will collaborate to implement Laylo’s full suite of audience management and bring its customizable creator messaging and drops platform to artists, creators and brands in ELYNXIR, the debut game from PIXELYNX set to launch later this year. “We love everything Laylo is building. Their platform is essential for any creator or brand entering Web3,” said Inder Phull, CEO and co-founder of PIXELYNX. “We will be building integrations between our products that make it easy for creators to manage their drops.”

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

About PIXELYNX

PIXELYNX is a new gaming venture by iconic musicians and technologists Joel Zimmerman aka deadmau5, Richie Hawtin aka Plastikman, and music industry visionaries Ben Turner (Graphite; IMS: International Music Summit; AFEM: Association for Electronic Music), Dean Wilson (Seven20 Entertainment / mau5trap), and Inder Phull, a music metaverse futurist. The company, based in London and Los Angeles, is focused on building a music metaverse that will transform the way artists connect and engage with their fans through gaming experiences. Its debut mobile game, ELYNXIR, will be out later this year. For more information, visit www.PIXELYNX.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 millions of social media 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 844-397-5787 (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 – Marathon Digital Holdings Inc. (NASDAQ: MARA) Secures 276MW Contracted Capacity of New Ellendale, North Dakota-Based Facility

September 19, 2022 14:05:18

Marathon Digital Holdings (NASDAQ: MARA), a leader in supporting and securing the bitcoin ecosystem, in conjunction with Applied Blockchain Inc. (NASDAQ: APLD), a designer, builder and operator of next-generation datacenters, executed the option for an additional 70MW of hosting at Applied Blockchain’s new facility located in Ellendale, North Dakota. Applied Blockchain today announced the Sept. 8 groundbreaking of the facility, and the mutually executed option brings contracted capacity with Marathon to 276MW and total contracted hosting for APLD to nearly 500MW. “The community of Ellendale and representatives of North Dakota have been amazing to work with as we bring this next facility to life,” said Applied Blockchain CEO and Chairman Wes Cummins. “Having the new 180MW facility located close to significant wind power capacity will allow it to be powered with renewable energy to further propel future high performance computing solutions for global enterprises and applications. The entire capacity of this facility is already under contract, demonstrating the significant demand we continue to have for our hosting services.”

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

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 millions of social media 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 844-397-5787 (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

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Fidelity, Citadel, and Charles Schwab Team Up to Form Crypto Exchange

September 19, 2022 12:35:00

Despite significant challenges, the cryptocurrency market seems to be gaining more acceptance each day. Corporations and governments across the world are adopting blockchain into their systems to take advantage of the enhanced security offered by the decentralized technology. Furthermore, companies are investing billions of dollars into cryptocurrency firms in anticipation of a future where crypto plays a significant role in the economy.

In a move that is sure to send shock waves through the industry, financial giants Fidelity Digital, Citadel Securities and Charles Schwab have jumped into the crypto market in a major way. The trio announced in a recent press release that they had partnered to create a Bitcoin and…

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About CryptoCurrencyWire

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

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

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 – LQwD FinTech Corp. (TSX.V: LQWD) (OTCQB: LQWDF) Leveraging Lightning Network to Offer Better Solutions

September 19, 2022 11:28:47

LQwD FinTech (TSX.V: LQWD) (OTCQB: LQWDF) is focused on developing institution-grade payment infrastructure, liquidity and solutions for the Lightning Network (“LN”). The company is at the forefront of making micropayment transactions quick and affordable for consumers by leveraging its Bitcoin assets to create the channels necessary to facilitate growth across the LN. “LQwD has expanded its reach, providing LN nodes across 17 countries and a goal of increasing its presence to 24 countries by the end of the current quarter… Collectively, these [existing] nodes offer users a capacity of over 30 BTC and access to over 300 payment channels. The company also released the first version of its proprietary technology platform-as-a-service (‘PaaS’) in November 2021, allowing for easier management of LN nodes and offering itself as a Liquidity Service Provider (‘LSP’) for merchants,” a recent article reads. “Transactions on the Lightning Network offer solutions for users and merchants that exceed the limits in place by other providers. In terms of transactions per second (‘TPS’), Bitcoin’s blockchain only offers a capacity of 7 TPS, whereas leading providers like Visa offer 24k TPS. The LN increases the capabilities for sending and receiving payments exponentially, bypassing leading financial institutions with more than a million TPS… With countries looking to make payment solutions easier for consumers, the LN offers a solution that traditional banks cannot – ease of payment, quicker transaction times, and higher levels of security for each transaction.”

To view the full article, visit https://ccw.fm/V9FHx

About LQwD FinTech Corp.

LQwD is a Lightning Network Service Provider (“LSP”) focused on developing payment infrastructure and solutions accelerating the global mega trend of Bitcoin adoption through the Lightning Network. The company’s mission is to develop institutional grade services that support the Lightning Network and drive improved functionality, transaction capability, user adoption and utility and scaling Bitcoin. LQwD also holds and acquires Bitcoin as an operating asset, establishing nodes and payment channels on the Lightning Network. For more information, visit the company’s website at www.LQwDFinTech.com.

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 (“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 millions of social media 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 844-397-5787 (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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LQwD FinTech Corp. (TSX.V: LQWD) (OTCQB: LQWDF) Taps Global Adoption of Bitcoin to Open Payment Opportunities Worldwide Through Use of Lightening Network

September 19, 2022 08:50:00
  • Recent Lightning Network statistics show over 17,000 active nodes with more than 87,000 payment channels facilitating a capacity of over 4,500 BTC worldwide
  • LQwD is currently leveraging the Lightning Network with nodes active in the United States, Ireland, India, Germany, Brazil, Hong Kong, Singapore, Sweden, South Korea, South Africa, Bahrain, Indonesia, Italy, Australia, Japan-Osaka, England, Japan, France, and Canada
  • LQwD anticipates increasing node coverage to 24 countries by the end of the current quarter

The Lightning Network is a Layer 2 protocol designed to help scale Bitcoin’s base layer. It comprises nodes consisting of payment channels that help facilitate affordable, fast, and more secure payments. As awareness increases, so does the growth of the Lightning Network, with recent statistics showing over 17,000 nodes that exceed 87,000 channels that support a capacity of over 4,500 BTC worldwide (https://ccw.fm/vMjfY). Nodes in the United States make up more than half of the current capacity with 2,300 BTC currently locked in the Lightning Network, followed by Germany with 355 BTC and Canada with 151 BTC.

LQwD FinTech (TSX.V: LQWD) (OTCQB: LQWDF), a financial technology company focused on creating enterprise-grade infrastructure to drive bitcoin adoption, is leveraging the Lightning Network in pursuit of expanding the capabilities of bitcoin, with 19 active worldwide nodes on 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)
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www.CryptoCurrencyWire.com
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Editor@CryptoCurrencyWire.com

CryptoCurrencyWire is part of the InvestorBrandNetwork.

Top-Seven Countries with Strict Crypto Laws

September 16, 2022 11:05:00

Cryptocurrencies took the world by storm when they were first launched more than a decade ago. By the end of 2015, there were more than 10 million Bitcoin wallets worldwide, highlighting the popularity and explosive growth of the crypto market. Crypto promised to offer faster, more secure, and private transactions via the decentralized blockchain technology it is built on.

However, countries have taken to the disruptive technology differently, with some allowing their residents to hold and trade cryptocurrencies while others have passed extremely restrictive crypto laws. The following are the top countries around the world 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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www.CryptoCurrencyWire.com
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Editor@CryptoCurrencyWire.com

CryptoCurrencyWire is part of the InvestorBrandNetwork.

CryptoNewsBreaks – Stronghold Digital Mining Inc. (NASDAQ: SDIG) Announces $9M Private Placement

September 14, 2022 11:28:38

Stronghold (NASDAQ: SDIG) has announced its entry into a securities purchase agreement with an institutional investor and the company’s co-chairman and chief executive officer, Greg Beard, to purchase 5,000,000 and 602,609 shares of Class A common stock at a purchase price of $1.60 and $1.66, respectively, as well as warrants to purchase an aggregate 5,602,409 shares of Class A common stock. According to the announcement, the warrants will have an initial exercise price of $1.75 per share (subject to adjustments) and will expire five years from the date of issuance. Stronghold anticipates approximately $9.0 million in gross proceeds, with the closing of the private placement expected to occur on or about Sept. 15, 2022, subject to the satisfaction of customary conditions. “I am excited to see an esteemed institutional investor demonstrate its belief in the company while also broadening my own commitment to and belief in the company,” Beard said in the press release. “We believe the private placement continues to demonstrate our ability to raise capital in creative ways that continue to strengthen the company’s financial position. The proceeds from the private placement are expected to further our strategy of acquiring Bitcoin miners as we continue to re-stock our data centers.”

To view the full press release, visit https://ccw.fm/BFi5c

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 millions of social media 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 844-397-5787 (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

CryptoCurrencyWire (CCW)
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Interoperability Crucial to Mass Adoption of Blockchain Technology

September 14, 2022 11:05:00

Blockchain and cryptocurrency may be extremely popular with millions of users, but they are still a long way from mass adoption. Meant to disrupt centralized currencies and systems, blockchain offers the benefits of faster transactions, lower transaction costs, and enhanced speed and security. As of July 2022, there were more than 83 million blockchain wallet users, reports Blockchain.com; those numbers underscore the massive popularity of cryptocurrencies and the blockchain technology they are built on.

At the moment, there are at least 1,000 blockchains with at least four types of blockchain networks and around 20,000 active cryptocurrencies that rely on blockchain infrastructure. With new blockchain networks being launched each year in specific industries to tackle certain niches’…

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

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 – LQwD FinTech Corp. (TSX.V: LQWD) (OTCQB: LQWDF) at Forefront to Implement Cryptocurrency as Viable Monetary Solution

September 12, 2022 13:04:58

LQwD FinTech (TSX.V: LQWD) (OTCQB: LQWDF), a company focused on developing enterprise-grade infrastructure to drive Bitcoin adoption, has operated on the Lightning Network (“LN”) since November 2021, amassing a capacity of over 30 BTC with more than 300 channels facilitating BTC transactions for micropayment users. “The Lightning Network has allowed users to complete payments using the layer 2 protocol quicker than traditional blockchain and even faster than some of the world’s leading institutions. Payments made using the LN offer faster settlement times, cheaper fees and higher levels of security than their centralized counterparts,” a recent article reads. “With the increased need for operational efficiency and transparency in financial payment systems, implementing cryptocurrency as a viable monetary solution appeals to developing and underdeveloped countries worldwide. LQwD is at the forefront of this movement, leveraging its Bitcoin assets to drive further adoption of the LN. With the assistance of its proprietary platform-as-a-service (‘PaaS’), users can send payments instantly, securely and inexpensively anywhere in the world.”

To view the full article, visit https://ccw.fm/wJV2T

About LQwD FinTech Corp.

LQwD is a Lightning Network Service Provider (“LSP”) focused on developing payment infrastructure and solutions accelerating the global mega trend of Bitcoin adoption through the Lightning Network. The company’s mission is to develop institutional grade services that support the Lightning Network and drive improved functionality, transaction capability, user adoption and utility and scaling Bitcoin. LQwD also holds and acquires Bitcoin as an operating asset, establishing nodes and payment channels on the Lightning Network. For more information, visit the company’s website at www.LQwDFinTech.com.

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 (“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 millions of social media 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 844-397-5787 (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

Europol Says Blockchain Vital in Fighting Crime

September 12, 2022 11:50:00

When cryptocurrencies were first introduced, they promised to deliver low to zero transaction costs, unlimited withdrawals and purchases, fast transaction speeds, and enhanced security and privacy. These features set crypto apart from centralized currencies and attracted millions of users in just a few years. However, the anonymity, security and privacy offered by blockchain also drew in criminals who were looking for a way to move their ill-gotten gains away from the prying eyes of law enforcement.

2021 report by blockchain analysis firm Chainalysis revealed that criminals laundered a whopping $8.6 billion in cryptocurrency in 2021 alone. The report stated that criminals are transferring billions of dollars’ worth of cryptos to services that seemed to be tailor-made for money laundering, stating that…

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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 – Stronghold Digital Mining Inc. (NASDAQ: SDIG) Announces Participation for Upcoming Conferences

September 9, 2022 11:56:30

Stronghold (NASDAQ: SDIG) today announced its participation in upcoming events, including the 24th Annual H.C. Wainwright Global Investment Conference, the 2nd Annual BTIG Digital Assets Conference, and the 2nd Annual B Riley Securities Crypto Conference, with date and location details outlined in the press release. Stronghold management will be conducting one-on-one meetings with investors at all three events. In addition, management is scheduled to present at 3:00 p.m. ET on Tuesday, Sept. 13, at the H.C. Wainwright Global Investment Conference, as well as host a fireside chat at 2:00 p.m. ET on Tuesday, Sept. 20, at the BTIG Digital Assets Conference.

To view the full press release, visit https://ccw.fm/0WvgP

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 millions of social media 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 844-397-5787 (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

Vitalik Confident Volatility in Cryptocurrency Market Will Stabilize

September 9, 2022 11:05:00

The past couple of months haven’t been kind to the cryptocurrency market. While cryptos had been steadily declining over the first half of the year, the crypto market crashed in June 2022. Bitcoin prices sank below $20,000 for the first time since late 2020, and Ethereum fell below $1,000. When the dust had settled, major cryptos such asBitcoin and Ethereum had lost more than 50% of their value while a multitude of other cryptos lost more than 90% of their value.

Unsurprisingly, investors around the world, especially those who invested big in crypto, have been worried about the future of the market. Cryptos and blockchain were sold as a revolutionary new technology that could bring online commerce into the new age, but in the wake of the…

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About CryptoCurrencyWire

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

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

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

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

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

CryptoCurrencyWire is part of the InvestorBrandNetwork.

LQwD FinTech Corp. (TSX.V: LQWD) (OTCQB: LQWDF) Leverages Over 30 BTC Capacity and 300 Channels Across 17 Countries on Lightning Network

September 9, 2022 10:20:00
  • The Lightning Network offers consumers increased transaction speeds, worldwide access, and lower fees when sending micropayments across its nodes
  • LQwD is leveraging the Lightning Network using its own Bitcoin assets to provide solutions for consumers; company plans to expand reach to 24 countries worldwide by the end of the current quarter
  • The need for transparency in the financial industry is fueling the growth of the cryptocurrency market, with an anticipated value of US $4.94 billion by 2030

The concept of The Lightning Network was brought to the general public in 2015 when Bitcoin developers Joseph Poon and Thaddeus Dryja published an article about bringing “scalable off-chain payment” to the public. Since then, the layer 2 payment protocol atop the Bitcoin blockchain has grown, providing higher scalability for sending and receiving payments across channels worldwide. With more countries accepting cryptocurrency payments, there is an increased interest coming from community banks and countries seeking to find viable solutions to their banking problems – giving the masses access to payment solutions, faster transaction times, and enhanced security on a global level.

Leveraging its own Bitcoin assets, LQwD FinTech (TSX.V: LQWD) (OTCQB: LQWDF), a financial technology company focused on creating enterprise-grade infrastructure to drive bitcoin adoption, has expanded its reach, providing Lightning Network nodes across 17 countries and a goal of increasing its presence to…

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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.

CryptoNewsBreaks – Coinbase Global Inc. (NASDAQ: COIN) Collaborates with Integrated Gaming Entertainment Company

September 8, 2022 11:27:42

Coinbase (NASDAQ: COIN), one of the world’s largest cryptocurrency platforms and a trusted leader in the Web3 space, has entered a strategic collaboration with Enthusiast Gaming Holdings Inc. (NASDAQ: EGLX) (TSX: EGLX), an integrated gaming entertainment company. Under the partnership, Coinbase will provide developer tools, educational content and community-building support to power Enthusiast Gaming’s portfolio of Web3-enabled games. “We’re honored to have been selected by Enthusiast Gaming to power its growing portfolio of games with scalable blockchain infrastructure,” said Dan Kim, vice president of business development at Coinbase. “Partnering with industry experts on game-changing titles like EV.IO is how we’ll help onboard the next 100 million users into Web3 in the safest and most seamless way possible.”

To view the full press release, visit https://ccw.fm/le3f8

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 millions of social media 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 844-397-5787 (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) Releases August 2022 Production Update

September 8, 2022 11:04:41

Bit Digital (NASDAQ: BTBT), a digital asset mining company headquartered in New York, has announced its unaudited bitcoin and ethereum production and corporate updates for the month of August 2022. Among the highlights, the company reported that it earned 145.3 bitcoins, a 2% increase compared to the prior month, and 0 ETH during August 2022 compared to 0.5 in the month ending July 31, 2022. Treasury holdings of BTC and ETH were 919.2 and 3,684.0 with a fair market value of approximately $18.4 million and $5.7 million, respectively, as of Aug. 31, 2022. Also as of Aug. 31, Bit Digital owned 38,594 bitcoin miners and 731 ethereum miners, with an estimated maximum total hash rate of 2.7 exahash (“EH/s”) and 0.3 Terahash (“TH/s”), respectively. The company purchased 561 M30s miners and sold 103 M21 miners during the month.

To view the full news release, visit https://ccw.fm/U6cJm

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 millions of social media 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 844-397-5787 (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 – Riot Blockchain Inc. (NASDAQ: RIOT) Announces Continued Success in August 2022

September 7, 2022 14:10:56

Riot Blockchain (NASDAQ: RIOT), an industry leader in bitcoin (“BTC”) mining and data center hosting, has announced unaudited production and operations updates for August 2022. “August was another successful month for Riot in which we continued to make significant progress on the expansion of our Rockdale facility, including the deployment of an additional 6,347 S19j Pros in our immersion-cooled buildings, and producing bitcoin while further contributing to grid stability in Texas through the continued exercise of our proprietary power strategy,” said Jason Les, CEO of Riot. “The significant benefits received in August from this strategy enhance our already industry-leading position as a low-cost producer, and further strengthen our solid financial position, providing us with ample resources to fund our compelling growth opportunities as we drive Riot towards our vision of becoming the world’s leading bitcoin-driven platform.”

To view the full press release, visit https://ccw.fm/X8aEN

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 millions of social media 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 844-397-5787 (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) Announces August BTC Production, Mining Operation Updates

September 7, 2022 13:51:24

Marathon Digital Holdings (NASDAQ: MARA), a leader in supporting and securing the bitcoin ecosystem, has published unaudited bitcoin (“BTC”) production and miner installation updates for August 2022. “In August, we continued to install and energize miners with our hosting providers, increasing our hash rate and steadily improving our bitcoin production,” said Fred Thiel, Marathon’s chairman and CEO. “Our hosting providers have continued to install miners at multiple locations. Based on their latest reports, we expect to have approximately 65,000 additional miners, or approximately 6.9 exahashes per second of capacity, brought online at multiple facilities over the next 90 days. With installations and construction of new facilities progressing, these operational advances provide us with confidence that we are on pace to reach our primary target of approximately 23 exahashes per second of capacity near the middle of 2023, at which point, Marathon’s operations are expected to be not only among the largest, but among the most energy efficient on a per terahash basis.”

To view the full press release, visit https://ccw.fm/Ar5uA

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 millions of social media 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 844-397-5787 (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) to Participate in Goldman Sachs Communacopia & Technology Conference

September 7, 2022 13:41:00

Coinbase (NASDAQ: COIN) has announced that Emilie Choi, the company’s president and chief operating officer, and Faryar Shirzad, its chief policy officer, will participate in a fireside chat at the Goldman Sachs Communacopia & Technology Conference. The presentation is slated to take place at 1:15 p.m. PT / 4:15 p.m. ET on Monday, Sept. 12, 2022. A live webcast and replay of the virtual session will be available on Coinbase’s Investor Relations website.

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

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 millions of social media 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 844-397-5787 (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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FBI Advises Blockchain DeFi Firms to Boost Security as Cyberattacks Increase

September 7, 2022 11:05:00

Cryptocurrencies took the world by storm when Bitcoin was first introduced, acting as the world’s first decentralized online currency. The crypto market had limited barriers to entry compared to traditional finance and offered fast, secure, and private payments to users. The fact that it was built on decentralized blockchain technology that eliminated the need for a centralized banking institution attracted millions of users across the world, especially from developing countries.

However, blockchain has been plagued by dishonest and malicious players since its inception. The enhanced privacy, security, and limited traceability capabilities that were the technology’s selling point also attracted criminal elements that could easily avoid detection on the…

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About CryptoCurrencyWire

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

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

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

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

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

CryptoCurrencyWire is part of the InvestorBrandNetwork.

FBI Advises Blockchain DeFi Firms to Boost Security as Cyberattacks Increase

September 7, 2022 11:05:00

Cryptocurrencies took the world by storm when Bitcoin was first introduced, acting as the world’s first decentralized online currency. The crypto market had limited barriers to entry compared to traditional finance and offered fast, secure, and private payments to users. The fact that it was built on decentralized blockchain technology that eliminated the need for a centralized banking institution attracted millions of users across the world, especially from developing countries.

However, blockchain has been plagued by dishonest and malicious players since its inception. The enhanced privacy, security, and limited traceability capabilities that were the technology’s selling point also attracted criminal elements that could easily avoid detection on the…

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 – HIVE Blockchain Technologies Ltd. (TSX.V: HIVE) (NASDAQ: HIVE) (FSE: HBF) Announces $100M ATM Equity Program

September 7, 2022 10:01:59

HIVE Blockchain Technologies (TSX.V: HIVE) (NASDAQ: HIVE) (FSE: HBF) has entered into an at-the-market (“ATM”) offering agreement with H.C. Wainwright & Co. According to the announcement, the agreement outlines the implementation of an equity offering program allowing H.C. Wainwright & Co. to issue and sell common shares of the company that totaling up to $100 million. As the agent, H.C. Wainwright would receive a cash commission of 3% on the gross proceeds raised through the ATM program. HIVE anticipates using the funds raised through the program to support the growth and development of its current mining operations; it may also use a portion of the proceeds for working capital and general corporate purposes. The company noted that it plans to “capitalize on opportunities which may exist or may be brought to its attention relating to distressed asset sales of mining equipment throughout the mining ecosystem.” The announcement notes that prices for the common shares may vary, depending on trading prices at the time of sale, and volume and timing of any sales will be decided upon by HIVE management in according with the ATM agreement. According to the announcement, either company can terminate the agreement at any time.

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

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. The company 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 it works to source only green energy to mine on the cloud and generate rewards of both Ethereum and Bitcoin. Since the beginning of 2021, HIVE has held in secure storage the majority of its ETH and BTC coin mining rewards. Those shares provide investors with exposure to the operating margins of digital currency mining as well as a portfolio of cryptocurrencies such as ETH and BTC. 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. The company believes that it has, in the past, demonstrated its ability to raise capital and obtain above average returns on invested capital while also consistently being rated as one of the industry’s top-performing mining companies for efficiency. For more information about the company, 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 millions of social media 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 844-397-5787 (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 August 2022 Production Update, Appointment of Gabriel Ibghy as General Counsel

September 6, 2022 12:37:47

HIVE Blockchain Technologies (NASDAQ: HIVE) (TSX.V: HIVE) (FSE: HBFA) today announced the production figures from its global Bitcoin and Ethereum mining operations for the month of August 2022, with a HODL balance of 3,258 Bitcoin and 5,100 Ethereum as of Aug. 31, 2022. “We continue to strive for operational excellence, ensuring that as we scale our hashrate as a company we also optimize our uptime, to ensure ideal Bitcoin and Ethereum output figures,” said Aydin Kilic, president and COO of HIVE. “We also would like to provide an update on the BTC and ETH equivalency, where one can equate value of the coins produced daily. As such the ETH that HIVE produced during the month of August, equated on a daily basis, is approximately equal to a monthly total of 228.4 BTC, which we refer to as Bitcoin equivalent or BTC equivalent. This is in addition to the 290.4 BTC produced from our Bitcoin mining operations during August, for a total of 518.8 Bitcoin equivalent.”

In addition, HIVE announced its appointment of Gabriel Ibghy as general counsel. Ibghy, a practicing attorney who holds a law degree from the University of Montreal and is member in good standing of the Quebec Bar, will report to Frank Holmes, who serves as the company’s executive chairman. “Gabe has been a synergetic addition to the HIVE team over the past year since coming over from GPU.One. His addition to HIVE as general counsel is a great addition to the executive team of HIVE moving forward,” Holmes said of the appointment.

To view the full press release, visit https://ccw.fm/jt11z

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 endeavors to source only green energy to mine on the cloud both Ethereum and 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 ETH and 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 millions of social media 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 844-397-5787 (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

Wild West Crypto Show Features 2B3D’s Innovative Solutions for Veterans and More

September 2, 2022 12:20:00

Conservative alt-coin podcast hosts Drew Taylor and Brent Bates recently welcomed guests and the audience to another episode of their wildly popular Wild West Crypto Show. Special guests to the program included CryptoCurrencyWire’s Jonathan Keim, who shared the three hottest stories in cryptos. The show also shined the spotlight on interviews with some of the attendees of the recent NFT Conference held in Las Vegas. “2B3D is synonymous for metaverse… Over 31,000 veterans have killed themselves since 9/11. It’s a major, major problem… Studies show that if you can get to somebody within five to fifteen minutes of that thought process, it’s a 90% success rate… So, what we’ve done is, using our company and our innovative tech, we’ve built a metaverse room where somebody can put goggles on and immediately ‘be in a crisis center,’ where they can talk to somebody. We use very lifelike, real tech, so it looks like you’re in a doctor’s office. They’ll also be able to connect with therapists and get the help that they need immediately,” said Robert Bell, CEO of 2B3D, speaking of the company’s flagship solution. He went on to say that 2B3D has partnered with the non-profit Forge Forward project in order to leverage virtual reality solutions for the treatment of post-traumatic stress disorder (“PTSD”). Speaking of gamification having shown significant positive results, he indicated that the collaborators’ next-gen treatments are now in sponsor-funded clinical trials and designed to help not only the veteran, but the community, including the wife, business owner, co-worker, friend, and family.

To watch the latest episode, visit https://ccw.fm/PvZKe

About Wild West Crypto Show

The Wild West Crypto Show appears on TV in multiple markets across the country as well as online as a humorous and educational forum for providing information with the intent of reducing some of the consumer wariness about alt currency. For more information about the show and to view the latest episode, which includes CryptoCurrencyWire’s ongoing segment featuring recent news from around the world, visit www.WildWestCryptoShow.com.

About CryptoCurrencyWire

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

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

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

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

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

CryptoCurrencyWire is part of the InvestorBrandNetwork.

Blockchain Tech Transforming How People Invest

September 2, 2022 09:50:00

Blockchain technology has the potential to revolutionize how several industries operate. It first began with cryptocurrency, a digital currency that leveraged blockchain’s decentralized nature to offer private, secure and untraceable payments. And even though the crypto market has stumbled in recent months, blockchain is still attracting attention from a variety of industries.

Investing is one of these spaces. In the not-so-distant past, investing was a game primarily played by oldermore affluent investors who could weather the risk of potentially losing large amounts of money. But now that blockchain has established itself and proven that it is here to stay, the…

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About CryptoCurrencyWire

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

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

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

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

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

CryptoCurrencyWire is part of the InvestorBrandNetwork.

CryptoNewsBreaks – LQwD FinTech Corp. (TSX.V: LQWD) (OTCQB: LQWDF) Eyes Lightning Growth with >56K Transactions and Counting

September 1, 2022 11:12:02

LQwD FinTech (TSX.V: LQWD) (OTCQB: LQWDF), a company focused on developing institution-grade payment infrastructure, liquidity and solutions for the Lightning Network (“LN”), is leveraging its Bitcoin assets to grow and expand nodes across countries worldwide on the LN. “With a current node count of 19, LQwD’s LN reach includes Japan, England, Canada, France, Australia, Italy, Indonesia, Japan-Osaka, Bahrain, South Africa, South Korea, Sweden, Singapore, Hong Kong, Brazil, Germany, India, Ireland, and US-West. Using global nodes, LQwD has positioned itself for optimal growth on the network,” a recent article reads. “LQwD’s current strategy is to offer its PaaS for LN nodes and payment channels, provide LSP [liquidity service provider] routing and liquidity services, and continue accumulating Bitcoin as a treasury reserve asset for staking and liquidity. LQwD has seen rapid growth with over 56,000 transactions and growing. With a current Lightning Network representation in 19 countries, the company plans to expand to 24 by the end of the current quarter, where it can earn fees in Bitcoin for forwarding payments across the network.”

To view the full article, visit https://ccw.fm/04fdk

About LQwD FinTech Corp.

LQwD is a Lightning Network Service Provider (“LSP”) focused on developing payment infrastructure and solutions accelerating the global mega trend of Bitcoin adoption through the Lightning Network. The company’s mission is to develop institutional grade services that support the Lightning Network and drive improved functionality, transaction capability, user adoption and utility and scaling Bitcoin. LQwD also holds and acquires Bitcoin as an operating asset, establishing nodes and payment channels on the Lightning Network. For more information, visit the company’s website at www.LQwDFinTech.com.

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 (“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 millions of social media 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 844-397-5787 (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) Announces Q2 2022 Financial Results

August 31, 2022 13:12:04

Bit Digital (NASDAQ: BTBT), a digital asset mining company headquartered in New York, has announced its unaudited financial results for the second quarter ended June 30, 2022. The company reported $6.5 million in bitcoin mining revenue and $0.3 million in revenue from ethereum mining among the financial highlights. According to management commentary, “In the second quarter of 2022, we managed to modestly increase bitcoin production on a sequential basis despite the previously announced interruptions to certain hosting partners’ operations. Fortunately, our team is well versed when it comes to overcoming logistical hurdles. Our rapid response included signing a new hosting agreement with Coinmint for 20 MW of primarily carbon-free power and executing a hash rate swap agreement with another miner, which provided for a 25% boost to our swapped hash rate. These actions helped propel our active hash rate to 1.06 EH/s by early July, which is nearly double where our active hash rate stood prior to the interruptions at the end of April.”

To view the full news release, visit https://ccw.fm/mml6D

About Bit Digital Inc.

Bit Digital is a digital assets mining company headquartered in New York City with mining operations 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 millions of social media 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 844-397-5787 (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

Report Says Morgan Stanley, Google, BlackRock are Pouring Billions into Crypto and Blockchain Tech

August 31, 2022 11:50:00

Corporate interest in blockchain has been on the rise in recent months despite the downturn in crypto prices. A report from cryptography analytics platform Blockdata reveals that rather than shy away from blockchain in the wake of reducing crypto prices, the world’s top companies have poured billions of dollars’ worth of investment into the nascent blockchain and crypto market over the past 10 months.

The Blockdata report revealed that 40 of the top 100 companies on the globe by market capitalization are reportedly investing billions of dollars into cryptocurrency and blockchain companies, reaching a total of around $6 billion into the industry from September 2021 to June 2022. Blockdata used figures from…

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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.

The EU Could Use Blockchain Technology to Process Asylum Applications

August 29, 2022 11:50:00

Blockchain technology doesn’t seem to be going anywhere soon. Although the crypto market that catapulted blockchain into the mainstream is experiencing historically low prices, blockchain is currently riding high. Companies across several industries are considering integrating blockchain into their structure due to its decentralized nature, which offers increased security, privacy and traceability.

Now, it seems that blockchain could play a major role in humanitarian efforts in Europe in the wake of Russia’s unprovoked attack on Ukraine. The Russia-Ukraine war has resulted in the largest influx of immigrants across the European Union. While the 2015 North Africa and the Middle East crisis displaced…

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 – HIVE Blockchain Technologies Ltd. (NASDAQ: HIVE) (TSX.V: HIVE) (FSE: HBFA) Announces Option and RSU Grants

August 29, 2022 10:44:08

HIVE Blockchain Technologies (NASDAQ: HIVE) (TSX.V: HIVE) (FSE: HBFA) recently announced that its board of directors has approved the grant of 415,200 incentive stock options, exercisable into the equivalent amount of common shares of the company at a price of C$5.66 per share for a period of five years. According to the update, the grants were made to employees, officers and consultants of the company and are subject certain vesting requirements. HIVE’s board of directors also approved the grant of an aggregate of 1,425,280 restricted share units (“RSUs”), which vest over 24 months, to employees, officers and consultants of the company. Each vested RSU entitles the holder to receive one common share of the company. The grants were made to appropriately reward previous and ongoing contributions of the recipient employees, officers and consultants and to encourage them to continue contributing significantly to HIVE’s future success.

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

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 sources only green energy to mine on the cloud and HODL both Ethereum and Bitcoin. Since the beginning of 2021, HIVE has held in secure storage the majority of its ETH and BTC coin 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 such as ETH and 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 millions of social media 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 844-397-5787 (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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Blockchain Security Auditors on High Demand as Hacking Threats Escalate

August 26, 2022 11:50:00

As more reports of cryptocurrency hackings make the news, the demand for experts in blockchain security has risen, with some of these professionals earning in excess of $430,000 annually. Neil Dundon, the founder of blockchain recruitment company CryptoRecruit,  indicated that for a long time, the demand for audit services in the blockchain space has been high. However, the growing number of defi (decentralized finance) protocols has upped the ante and created a soaring demand for experts who can review these protocols and identify any vulnerabilities in the smart contracts upon which these defi systems run.

This emphasis on blockchain security isn’t altogether exaggerated because what we are seeing is that hackers can identify one vulnerability in a system and make off with millions or even billions of dollars in a single cyberattack. And the data backs up how serious such a threat can be…

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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 – LQwD Fintech Corp. (TSX.V: LQWD) (OTC: LQWDF) Releases Results from Annual General Meeting

August 26, 2022 10:14:07

LQwD Fintech (TSX.V: LQWD) (OTC: LQWDF), a company focused on building infrastructure on the Bitcoin Lightning Network global micropayment system, is reporting on the voting results of its 2022 annual general meeting of shareholders. The meeting was held on Aug. 24, 2022. Shareholders voted on the election of directors as well as the appointment of auditors and a proposed stock-option plan. According to the announcement, all four of the nominees listed in LQwD’s management information circular and proposed by management for election to the board of directors were duly elected. Those individuals included Shone Anstey, Giuseppe (Pino) Perone, Kim Evans and Ashley Garnot. The directors will remain in office until the next annual meeting or until their successors are elected or appointed. Other voting resulted in the shareholders appointing Kingston Ross Pasnak LLP as the company auditor for the upcoming year and authorizing the company directors to establish remuneration as well as approving the proposed incentive stock option plan, along with its amendments.

To view the full press release, visit https://ccw.fm/IUj0I

About LQwD Fintech Corp.

LQwD is a Lightning Network service provider (“LSP”) focused on developing payment infrastructure and solutions accelerating the global megatrend of Bitcoin adoption through the Lightning Network. The company’s mission is to develop institutional-grade services that support the Lightning Network and drive improved functionality, transaction capability, user adoption and utility, and scaling Bitcoin. LQwD also holds Bitcoin that is used as an operating asset establishing nodes and payment channels on the Lightning Network. For more information, please visit www.LQwDFintech.com.

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 (“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 millions of social media 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 844-397-5787 (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 – BIT Mining Limited (NYSE: BTCM) Issues Letter to Investors

August 25, 2022 10:30:49

BIT Mining (NYSE: BTCM), a leading technology-driven cryptocurrency mining company, today released a letter to its investors, which addressed recent declines in both the stock and cryptocurrency markets as well as the company’s resilience. “After two rounds of financing in 2022, we continue to invest in R&D, innovation and upgrading our core businesses. Our 82.5 MW power capacity at the Ohio Data Center not only can accommodate our own mining operations but also provide hosting services for third parties. We’ve settled our operations in the United States, which offers a rich diversity of opportunity, a better regulatory framework, a stable power supply, and access to the most efficient capital markets on the planet. Our subsidiary, the ASIC designer and machine manufacturer, Bee Computing, has completed prototypes of a new generation of highly efficient BTC and LTC/DOGE mining machines utilizing the latest technology. In the coming months, we will have engineering samples and commence testing of the new BTC miners. Our new ETC miners are among the lowest in terms of power consumption (0.7w/M) on the market. With our partners at Global Foundries, we’ve also successfully taped out a 12 nm chip and have completed production of more than 1,000 Litecoin mining wafers,” BIT Mining Chairman Bo Yu writes in the letter. “Our company has twice built incredibly successful businesses, which have been halted by governmental regulations, so we are no stranger to reinventing ourselves… Having overcome many obstacles, what was once a gradually growing confidence in our company’s ability to redefine itself has turned into excitement about the next challenge to come, as every crisis we’ve faced has been turned into another opportunity to evolve. We want to remind our investors that the fluctuations in our share price will not affect our regular business operations, nor will it cause us to lose sight of our long-term growth strategy. We want to also take a moment to mention that we are proud to be a part of the greater cryptocurrency sector, where there is such an amazing and inspiring amount of innovation and imagination, and we remain devoted to continually and actively exploring new opportunities within the space.

To view the full press release, visit https://ccw.fm/UeQr3

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 millions of social media 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 844-397-5787 (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 – LQwD FinTech Corp. (TSX.V: LQWD) (OTCQB: LQWDF) Leveraging LN to Enable Faster, More Secure Micropayments

August 24, 2022 11:33:26

LQwD FinTech (TSX.V: LQWD) (OTCQB: LQWDF), a company focused on developing institution-grade payment infrastructure, liquidity and solutions for the Lightning Network (“LN”), believes in the scalability of Bitcoin and the LN. The company is investing its own Bitcoin assets to create worldwide micropayment channels using its 19 active nodes on the network. “By the end of the current quarter, LQwD plans to increase node access to 24 countries by leveraging the LN to facilitate faster, cheaper and more secure micropayments than current payment infrastructures. The company currently has 19 active nodes on the LN, including US-West, Ireland, India, Germany, Brazil, Hong Kong, Singapore, Sweden, South Korea, South Africa, Bahrain, Indonesia, Italy, Australia, Japan-Osaka, France, Canada, England, and Japan,” a recent article reads. “LQwD hopes to leverage its position and enhance trust in its products and services through its transparency as a publicly-traded company. This allows for easy access to capital through the market, leverages its stock as currency for acquisitions, and attracts/retains top industry talent for further scalability to adopt Bitcoin.”

To view the full article, visit https://ccw.fm/umijX

About LQwD FinTech Corp.

LQwD is a Lightning Network Service Provider (“LSP”) focused on developing payment infrastructure and solutions accelerating the global mega trend of Bitcoin adoption through the Lightning Network. The company’s mission is to develop institutional grade services that support the Lightning Network and drive improved functionality, transaction capability, user adoption and utility and scaling Bitcoin. LQwD also holds and acquires Bitcoin as an operating asset, establishing nodes and payment channels on the Lightning Network. For more information, visit the company’s website at www.LQwDFinTech.com.

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 (“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 millions of social media 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 844-397-5787 (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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World Bank Affiliate Looks to Blockchain to Facilitate Carbon Trading

August 24, 2022 11:05:00

Blockchain technology doesn’t seem to be disappearing anytime soon. Despite the cryptocurrency market experiencing significant losses over the past couple of months, with major cryptos such as Bitcoin and Ethereum losing more than 50% of their value, the use of the underlying blockchain technology around the world is on the rise. Last week, a World Bank affiliate announced that it was backing a blockchain-based platform to facilitate carbon trading.

Carbon trading is a system that allows enterprises to emit a certain level of carbon dioxide with the goal of reducing emissions over time by buying permits and credits. International Finance Corp (IFC) is hoping to rein in support from institutional investors who are interested in…

Read More>>

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 – PIXELYNX Music Metaverse(TM) Platform Appoints David Clark-Joseph as Vice President of Investments

August 24, 2022 10:17:14

PIXELYNX, the music metaverse(TM) gaming platform founded by groundbreaking electronic musicians and technology visionaries Joel Zimmerman aka deadmau5 and Richie Hawtin aka Plastikman, today announced that they have named David Clark-Joseph as VP of investments. Most recently serving as VP of strategic investments at Liberty Gaming, David laid the foundation for a Web3 pro league for head-to-head guild competition. Prior to joining Liberty Gaming, David held various leadership roles at Distributive, Kraken Digital Asset Exchange, Mitel Networks, Bild Alternative Investments and American Fiber Packaging. “David brings with him a wealth of experience across Web3 that will be invaluable to the continued success of PIXELYNX,” said Inder Phull, CEO and co-founder of PIXELYNX. “The potential for music to evolve in the metaverse can’t be understated and David will play a key role in building and nurturing this emerging ecosystem.”

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

About PIXELYNX

PIXELYNX is a new gaming venture by iconic musicians and technologists Joel Zimmerman aka deadmau5, Richie Hawtin aka Plastikman, and music industry visionaries Ben Turner (Graphite; IMS: International Music Summit; AFEM: Association for Electronic Music), Dean Wilson (Seven20 Entertainment / mau5trap), and Inder Phull, a music metaverse futurist. The company, based in London and Los Angeles, is focused on building a music metaverse that will transform the way artists connect and engage with their fans through gaming experiences. Its debut mobile game, ELYNXIR, will be out later this year. For more information, visit www.PIXELYNX.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 millions of social media 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 844-397-5787 (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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LQwD FinTech Corp. (TSX.V: LQWD) (OTCQB: LQWDF) Leverages Bitcoin Lightning Network Across 19 Countries and Capacity Exceeding 30 BTC

August 23, 2022 08:05:00
  • The Lightning Network has seen substantial growth over the past few years, doubling capacity year-over-year, and currently offers a capacity of over 4,500 BTC across thousands of channels worldwide
  • LQwD currently spans 19 countries, including Japan, England, Canada, France, Australia, Italy, Indonesia, Japan-Osaka, Bahrain, South Africa, South Korea, Sweden, Singapore, Hong Kong, Brazil, Germany, India, Ireland, and US-West
  • LQwD’s PaaS offering provides Lightning Network node and channel management, LSP for merchants, and an easy-to-use API for even novice BTC owners

The Lightning Network, a layer 2 payment protocol on the Bitcoin blockchain, set its first capacity record in August 2020, reaching 1,000 BTC. By July 2021, the Lightning Network had doubled its capacity, reaching 2,000 BTC. Continuing on this trend, July 2022 saw double the figure reported the year prior and has now exceeded a capacity of 4,500 BTC across all public nodes, enabling faster transactions atop the Bitcoin blockchain with lower fees and higher security protocols. Nodes and channels on the Lightning Network span the globe, with the top three countries including the United States (2,300 BTC), Germany (355 BTC), and Canada (151 BTC) (https://ccw.fm/zCA9C).

The Lightning Network is scalable, global, open, inclusive, permissionless, and decentralized. Already built, the Network offers the advantage of scaling micropayments on a massive scale and offers a settlement rate of over one million transactions per second versus blockchain with seven transactions per…

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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 millions of social media 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.

Securities Affiliate of Hyundai to Add Crypto to Its Asset Management Arm

August 22, 2022 11:05:00

Despite the fact that the crypto market has lost more than $2 trillion over the last couple of months as most cryptos have dropped significantly in value, companies are still keen on taking advantage of cryptocurrencies. Bitcoin and Ethereum saw their prices drop by more than 50% while a multitude of other cryptocurrencies went down by more than 90%.

Even so, several industries are looking to leverage cryptocurrency and its underlying blockchain technology to meet their various goals. Hyundai Motor Securities recently announced that it will incorporate information on its client’s cryptocurrency holdings onto MyData, its…

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
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Editor@CryptoCurrencyWire.com

CryptoCurrencyWire is part of the InvestorBrandNetwork.

CryptoNewsBreaks — BIT Mining Limited (NYSE: BTCM) Releases Q2 2022 Unaudited Financial Report

August 22, 2022 10:06:29

BIT Mining (NYSE: BTCM), a leading technology-driven cryptocurrency mining company, is reporting its unaudited financial results for the quarter ended June 30, 2022. Notable numbers from the report include revenues of $195.5 million for the quarter, down from the same period last year, and operating loss of $23.3 million, representing an $8.4 million increase over Q2 2021 and a $19.0 million increase over Q1 2022. BTCM reported non-GAAP operating loss of $8.7 million for the quarter and net loss of $21 million, while basic and diluted losses per American Depositary Share (“ADS”) attributable to BIT Mining for the quarter totaled $0.29. The company’s corporate update noted that BIT Mining operates in four primary business segments: self-mining, mining pool, data center operation and miner manufacturing; the company is also pursuing its development strategy to focus on cryptocurrency mining operations globally. “We are glad to announce our financial results for the second quarter ended June 30, 2022, as we continue to execute our strategy to create value across the cryptocurrency ecosystem,” Bit Mining CEO Xianfeng Yang in the press release. “Over the past quarter, we have focused on R&D and identifying synergies across our vertically integrated supply chain. Cryptocurrency price weakness and higher energy prices have had a significant impact on stock prices and revenues of companies in our sector, including BIT Mining. Despite the turbulent market conditions, we remain committed to our long-term growth strategy and confident in our ability to create value for our shareholders in the future. In the meantime, we continued to make progress in the construction of our data centers in Ohio. Given our early-mover advantage in Ethereum mining, we are also making inroads into Proof-of-Stake (‘POS’) operations by providing a series of services including governance and monitoring, node management and account systems. Bee Computing has completed the design of new generation of highly efficient BTC and DOGE/LTC mining machines utilizing the latest technology. With our partners, we have successfully taped out a 12-nanometer chip and have completed mass production of more than 1,000 Litecoin mining wafers. Looking forward, we plan to continue to further enhance our value proposition and further strengthen our mining technology.”

To view the full press release, visit https://ccw.fm/sWu3m

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-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 millions of social media 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 844-397-5787 (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 – LQwD FinTech Corp.’s (TSX.V: LQWD) (OTCQB: LQWDF) PaaS Enabling Faster Transactions, Lower Fees, Higher Levels of Security

August 19, 2022 12:22:52

LQwD FinTech (TSX.V: LQWD) (OTCQB: LQWDF), a company focused on developing institution-grade payment infrastructure, liquidity and solutions for the Lightning Network (“LN”), is focused on increasing the scalability of Bitcoin and transactions using the LN. “The Federal Reserve Bank of Cleveland Working Paper Series released Working Paper 22-19 in June 2022 entitled ‘The Lightning Network: Turning Bitcoin into Money.’ The FED conjectures early on that the LN has reduced Bitcoin blockchain congestion and resulted in lower mining fees… The introduction of the LN has reduced the amount of time it takes for payment processing to provide almost instant results. The overall consensus is that the Network can help Bitcoin achieve greater scalability as a payments system and states, ‘According to our results, if the LN had existed in 2017, congestion could have been 93% lower,’” a recent article reads. “In November 2021, LQwD released its platform-as-a-service (‘PaaS’) offering, https://lqwd.tech/, which serves as a platform for node hosting and managing channels on the LN, and acts as a Liquidity Service Provider (‘LSP’) for merchants. LQwD’s nodes are distributed globally to allow for maximum scalability and growth. Through LQwD’s PaaS, users have access to a network of LN nodes that allow for faster transactions, lower fees, and higher levels of security.”

To view the full article, visit https://ccw.fm/j7Sdf

About LQwD FinTech Corp.

LQwD is a Lightning Network Service Provider (“LSP”) focused on developing payment infrastructure and solutions accelerating the global mega trend of Bitcoin adoption through the Lightning Network. The company’s mission is to develop institutional grade services that support the Lightning Network and drive improved functionality, transaction capability, user adoption and utility and scaling Bitcoin. LQwD also holds and acquires Bitcoin as an operating asset, establishing nodes and payment channels on the Lightning Network. For more information, visit the company’s website at www.LQwDFinTech.com.

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 (“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 millions of social media 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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Reddit Unveils Another Method of Accepting Crypto Community Points

August 19, 2022 10:20:00

Redditors will be able to purchase Ethereum directly on the Reddit app using Community Points after the online forum partnered with crypto exchange giant FTX. The partnership will provide Reddit users with a new way to accept crypto payments and unlock cryptocurrency-enabled perks for the platform’s community points.

Only Reddit users on the subreddits r/FortniteBR and r/Cryptocurrency, which cumulatively have more than 7 million members, will be able to purchase community points using Ethereum Cryptocurrency. Speaking at a press release, FTX announced that Redditors would be able to use FTX Pay, 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.

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CryptoNewsBreaks — BIT Mining Limited (NYSE: BTCM) Closes on Registered Direct Offering, Resulting in $9.3M

August 19, 2022 10:09:55

BIT Mining (NYSE: BTCM), a leading technology-driven cryptocurrency mining company, announced the closing of its registered direct offering with certain institutional investors. The company had announced the offering earlier this week. According to the announcement, the closed offering constitutes the purchase and sale of 15,566,665 of BTCM American Depositary shares (“ADSs”), Series A warrants to purchase up to an aggregate of 15,566,665 ADSs and Series B warrants to purchase up to an aggregate of 15,566,665 ADSs — all at a combined purchase price of $0.60 per ADS and associated warrants. The announcement noted that the Series A warrants, which expire five years from the date of issuance, have an exercise price of $0.66 each and are exercisable immediately, while the Series B warrants have an exercise price of $0.60 per ADS, are also exercisable immediately, and expire two and a half years from the date of issuance. Gross proceeds from the offering will reach an estimated $9.3 million, before standard deductions, and Bit Mining anticipates using the net proceeds to invest in mining machines, expand infrastructure, improve working capital position and invest in new business opportunities. According to the announcement, Revere Securities LLC acted as the exclusive placement agent for the offering.

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

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. 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 millions of social media 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 844-397-5787 (U.S. Mobile Phones Only)

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CryptoNewsBreaks – Bit Digital Inc. (NASDAQ: BTBT) Partners with Nine Blocks Capital Management to Reach Treasury Optimization Goals

August 18, 2022 12:45:34

Bit Digital Inc. (NASDAQ: BTBT), a digital asset mining company headquartered in New York, is working with Nine Blocks Capital Management SEZC Limited as part of its enhanced treasury management function. BTBT selected Nine Blocks, an institutionally focused digital assets manager managing a digital assets market neutral fund for an allocation, to support the company’s efforts to enhance its treasury management process. According to the announcement, the selection includes a direct investment into the Nine Blocks Master Fund, a digital assets market neutral fund using basis trading, relative value and special situations strategies. An official from Nine Blocks noted that the support company is dedicated to support institutional investors that want digital assets exposure, with fund managers who have an established digital assets track record, are regulated, have traditional finance experience and comply with the highest operational due diligence requirements. Nine Blocks Capital Management was set up by Nine Mast Capital Management, the investment manager of a market neutral hedge fund with over $1 billion in assets under management. “We are excited to announce our selection of Nine Blocks Capital Management as a treasury management partner,” said Bit Digital chief strategy officer Sam Tabar in the press release. “We constantly search for ways to maximize the risk-adjusted return potential of our assets, and we believe this partnership marks an important step towards our treasury optimization goals. We’ve seen Nine Blocks’ market neutral strategy perform well throughout the recent period of market volatility, which enhanced our confidence in the selection of this manager. We believe that Nine Blocks and its management team are a strong cultural fit for our company and share our vision for the broader digital assets industry, and we believe this partnership will ultimately become a source of long-term value creation.”

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

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 millions of social media 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 844-397-5787 (U.S. Mobile Phones Only)

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CryptoNewsBreaks – Canaan Inc. (NASDAQ: CAN) Announces Unaudited Q2 2022 Financial Results

August 18, 2022 11:15:41

Canaan (NASDAQ: CAN), a leading high-performance computing solutions provider, today announced its unaudited financial results for the three months ended June 30, 2022. “We went through a challenging second quarter as the Bitcoin price continued to tumble down to under US$20 thousand. The COVID-19 containment lockdown in key cities in China also brought severe disruptions to our daily operations and demand for our AI chips,” said Nangeng Zhang, chairman and CEO of Canaan. “Facing these obstacles, we strived to deliver for our clients and achieved total computing power sold of 5.5 million Thash/s, up 27.5% sequentially. In order to support our global expansion, we further integrated operations overseas in our Singapore international headquarters, which now features a research and development team and other operational functions. Leveraging our Singapore office, we extended our supply chain into Southeast Asia during the second quarter and completed the initial batch of deliveries. During the second quarter, we continued to collaborate with mining farm partners to ramp up our mining business and generated an increasing number of Bitcoins with an improved power supply. As of June 30, 2022, we held a total of 346.84 Bitcoins. Overall, we are fully aware of the downward pressure from the Bitcoin price since the last fourth quarter and expect it to bring prolonged headwinds to our performance in the coming quarters. Nevertheless, we believe in the unique value of Bitcoin and its long-term prospects. We are committed to developing our supercomputing technology on more advanced nodes and providing competitive products and best-of-class services to clients around the world.”

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

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 millions of social media 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 844-397-5787 (U.S. Mobile Phones Only)

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

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CryptoNewsBreaks – Stronghold Digital Mining Inc. (NASDAQ: SDIG) Announces Q2 2022 Results, Operational Update, Significant Debt Restructuring Events

August 17, 2022 11:18:58

Stronghold (NASDAQ: SDIG) has reported financial results for its second quarter ended June 30, 2022, provided an operational update and announced significant debt restructuring events. “Today we are announcing a series of transactions that we believe transform Stronghold into a materially less-levered, vertically integrated Bitcoin miner with significantly improved liquidity and flexibility to deploy capital opportunistically in a way that creates equity value through cycles in the Bitcoin and power markets,” said Greg Beard, co-chairman and chief executive officer of Stronghold. “By returning miners to NYDIG that served as the collateral for the non-recourse financing agreements and restructuring the WhiteHawk financing agreements and the Convertible Notes, we will be able to eliminate over half of our total principal amount of debt outstanding and the significant associated interest and principal payments. Additionally, WhiteHawk’s continued support of Stronghold allows us to extend a significant portion of our remaining debt and provides additional availability for us to patiently and opportunistically acquire Bitcoin miners at currently depressed prices. Combined with our May 2022 convertible note holders’ commitment to swap debt for equity over time, at our option, Stronghold is back on offense.”

To view the full press release, visit https://ccw.fm/65WAt

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 millions of social media 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 844-397-5787 (U.S. Mobile Phones Only)

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

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

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CryptoNewsBreaks – HIVE Blockchain Technologies Ltd. (TSX.V: HIVE) (NASDAQ: HIVE) (FSE: HBF) Releases Q1 2023 Report

August 17, 2022 11:06:01

HIVE Blockchain Technologies (TSX.V: HIVE) (NASDAQ: HIVE) (FSE: HBF) is reporting its earnings for the first quarter 2023, the period ending June 30, 2022. According to the announcement, the company saw a strong gross mining margin of $27 million for the quarter, which represents an 18% increase over the prior quarter’s $22.9 million margin. The company pointed to its global Bitcoin and Ethereum mining operations as drivers for this growth, observing that the operations experienced significant hashrate growth during the quarter. The report also noted that HIVE maintains the best operational uptime among its peers and has repeatedly been the most efficient crypto-miner based on digital assets mined per Exahash, which is commonly measured as quantity of mined Bitcoin per Exahash of reported hashrate. Other highlights of the report include the company’s gross mining margin of 61%, which is also an increase from last quarter, and its Bitcoin production, which totaled 821 Bitcoin this quarter and is an increase of 265% year over year. Other items worth noting are the company’s adjusted EBITDA of $11.2 million; noncash charges of $118.7 million, including impairment on equipment and equipment deposits totaling $11 million; a $95.3 million net loss after noncash charges and mark-to-market adjustment; working capital decrease of $112.4 million which was partially attributable to the sale of digital currencies during the quarter; and digital currency assets of $71.4 million at quarter end. “We wish to again thank our loyal shareholders for believing in our vision to mine both Ethereum and Bitcoin to generate robust cash flow returns on invested capital, and we believe our results continue to validate the significant contribution to our strategy to mine both BTC and ETH and HODL as many coins as possible,” said HIVE executive chair Frank Holmes in the press release. “It was an extremely challenging quarter for the global digital asset ecosystem, where we saw the capitulation of Bitcoin and Ethereum prices not seen since 2020. On a relative basis we are very pleased with our company’s performance amongst our peers in the digital asset industry. . . . HIVE was dedicated to navigating through this crypto storm for our shareholders, while delivering profitable gross mining margins of $27 million and adjusted EBITDA of $11.2 million. Our global team of technicians, coders and executives all working together delivered this for the shareholders.”

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

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. The company 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 it sources green energy to mine on the cloud and HODL (“HODL”), both Ethereum and Bitcoin. Since the beginning of 2021, HIVE has held in secure storage the majority of its ETH and BTC coin mining rewards. Those shares provide investors with exposure to the operating margins of digital currency mining as well as a portfolio of cryptocurrencies such as ETH and BTC. 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 about the company, 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 millions of social media 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 844-397-5787 (U.S. Mobile Phones Only)

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

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Taiwan Looks to Blockchain to Evade Chinese Hackers

August 17, 2022 11:05:00

Taiwan is planning on leveraging blockchain’s security capabilities to bolster its cyber security and make it more resistant to Chinese cyberattacks. The east Asian country’s government launched the blockchain-based project soon after U.S. Speaker of the House Nancy Pelosi visited the island, the first such visit by a senior-level official in more than two decades.

Designed in 2014 by Juan Benet, the InterPlanetary File System (IPFS) will allow Taiwan’s Ministry of Digital Affairs to protect its infrastructure from online attacks. Built using blockchain technology, IPFS is a decentralized peer-to-peer network that allows users to circumvent centralized points of failure by…

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About CryptoCurrencyWire

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

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LQwD FinTech Corp. (TSX.V: LQWD) (OTCQB: LQWDF) Leverages Bitcoin Lightning Network Across 19 Countries and Capacity Exceeding 30 BTC

August 17, 2022 08:05:00
  • The Lightning Network has seen substantial growth over the past few years, doubling capacity year-over-year, and currently offers a capacity of over 4,500 BTC across thousands of channels worldwide
  • LQwD currently spans 19 countries, including Japan, England, Canada, France, Australia, Italy, Indonesia, Japan-Osaka, Bahrain, South Africa, South Korea, Sweden, Singapore, Hong Kong, Brazil, Germany, India, Ireland, and US-West
  • LQwD’s PaaS offering provides Lightning Network node and channel management, LSP for merchants, and an easy-to-use API for even novice BTC owners

The Lightning Network, a layer 2 payment protocol on the Bitcoin blockchain, set its first capacity record in August 2020, reaching 1,000 BTC. By July 2021, the Lightning Network had doubled its capacity, reaching 2,000 BTC. Continuing on this trend, July 2022 saw double the figure reported the year prior and has now exceeded a capacity of 4,500 BTC across all public nodes, enabling faster transactions atop the Bitcoin blockchain with lower fees and higher security protocols. Nodes and channels on the Lightning Network span the globe, with the top three countries including the United States (2,300 BTC), Germany (355 BTC), and Canada (151 BTC) (https://ccw.fm/zCA9C).

The Lightning Network is scalable, global, open, inclusive, permissionless, and decentralized. Already built, the Network offers the advantage of scaling micropayments on a massive scale and offers a settlement rate of over one million transactions per second versus blockchain with seven transactions per…

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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 millions of social media 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 – Riot Blockchain Inc. (NASDAQ: RIOT) Announces Q2 2022 Results, Operational and Financial Highlights

August 16, 2022 14:19:00

Riot Blockchain (NASDAQ: RIOT), an industry leader in Bitcoin (“BTC”) mining and data center hosting, reported financial results for the three-month period ended June 30, 2022. “We are extremely encouraged by Riot’s financial resilience and operational achievements this quarter,” said Jason Les, CEO of Riot. “We continued to make substantial progress in executing towards our ambitious growth plans, including completion of our first immersion-cooled building and the successful transition of all miners, which were previously hosted by Coinmint, to our Whinstone Facility, which will further reduce our operating costs. Going forward, we will continue to focus on executional excellence as we work in pursuit of developing Riot into the world’s leading Bitcoin-driven infrastructure platform.”

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

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 millions of social media 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 844-397-5787 (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 Limited (NYSE: BTCM) Announces $9.3M Registered Direct Offering

August 16, 2022 13:28:53

BIT Mining (NYSE: BTCM), a leading technology-driven cryptocurrency mining company, today announced its entry into a securities purchase agreement with certain institutional investors. According to the update, the agreement is for the purchase and sale of 15 ,566,665 of the company’s American Depositary Shares (“ADSs”), Series A Warrants to purchase up to an aggregate of 15 ,566,665 ADSs and Series B Warrants to purchase up to an aggregate of 15,566,665 ADSs, at a combined purchase price of US$0.60 per ADS and associated warrants, in a registered direct offering. Each ADS represents ten Class A ordinary shares, par value US$0.00005 per share, of BIT Mining. Subject to customary conditions, the offering is expected to close on or about Aug. 18, 2022. Revere Securities LLC is acting as the exclusive placement agent for the offering.

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

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, furnishing its self-efficiency with 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 millions of social media 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 844-397-5787 (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 – GreenBox POS (NASDAQ: GBOX) Releases Q2 2022 Financial Report, Names New CFO

August 16, 2022 11:34:06

GreenBox (NASDAQ: GBOX), an emerging and rapidly growing fintech company, is reporting its Q2 2022 financial results for the period ended June 30, 2022; the company also noted key corporate updates. Highlights of the report included news that the company’s $1 billion processing volume is a 40% increase over Q1 processing volume and more than double the same period last year with GBOX revenues for the quarter reaching $7 million, up from $6.4 million from last year at this same time. In addition, the report noted that the company’s recently acquired Sky Financial portfolio showed Q2 processing volume at $769 million, which exceeded expectations by more than 38%. The report also indicated FX and international payments business line, including Transact Europe, saw noteworthy momentum in the quarter with more than $184 million in business volume. GreenBox also successfully deployed v1.0 of the coyni public beta and completed core development of v2, which the company expects to roll out in the next quarter with customers already identified in the pipeline. In addition, the company has appointed J. Drew Byelick as chief financial officer, replacing Ben Chung, who has resigned. Byelick has impressive experience in startup, middle market, and multisite global manufacturing along with service, software, technology and distribution companies. He is a seasoned financial executive who most recently was CFO at Aero Components; prior to that he held multiple roles at AZZ Inc., including the position of vice president, chief accounting officer.  “The second quarter 2022 was highlighted by excellent financial results, along with steady progress on several key initiatives that further establish our standing as an emerging force on the fintech landscape,” said GreenBox CEO Fredi Nisan in the press release. “Looking ahead, while there has been a significant disruption in the cryptocurrency and financial technology industry this year, GreenBox’s focus remains on building the infrastructure, partnerships, communications and technology to achieve our long-term business objectives. We remain highly confident in our ability to create differentiated, customized financial transaction technology and deploy it at scale. We remain very confident in our 2022 outlook of processing $4–6 billion in transaction volume with sequential company record processing levels each quarter. We look forward to overdelivering results, which support our long-term strategic growth trajectory.”

To view the full press releases, visit https://ccw.fm/SUYub and https://ccw.fm/bgQ11

About GreenBox POS

GreenBox is an emerging financial technology company leveraging proprietary blockchain security to build customized payment solutions. The company’s applications enable an end-to-end suite of turnkey financial products, fraud detection and improving the efficiency of handling large-scale commercial processing volumes for its merchant clients. For more information about the company, please visit www.GreenBoxPOS.com.

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

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 millions of social media 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 844-397-5787 (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

Cryptocurrencies Appear to Have Seen the Worst of Crypto Winter

August 15, 2022 10:35:00

In June, the global cryptocurrency market experienced a significant slump after crypto lending company Celcius Network froze transfers and withdrawals due to “extreme conditions.” Although the crypto decline had begun as early as November 2020 when Bitcoin saw its value fall below $20,000, the market nearly collapsed in June as a majority of cryptocurrencies saw their values drop by more than 90%.

Bitcoin, which is the largest and most popular cryptocurrency in the world, dropped in value by more than 70% while Ethereum fell past $1,000. Crypto prices began to level out after the drop in June, with Bitcoin leveling out at $23,000 to $24,000 and other digital currencies such as Ethereum have rallied over the…

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

About CryptoCurrencyWire

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

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

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

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

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Editor@CryptoCurrencyWire.com

CryptoCurrencyWire is part of the InvestorBrandNetwork.

LQwD FinTech Corp. (TSX.V: LQWD) (OTCQB: LQWDF) Continues Pursuing Scalability of Bitcoin Micropayments Using the Lightning Network Amidst Oppositional ECB Paper Publication

August 15, 2022 08:05:00
  • The FED and ECB have taken different sides on the scalability of the Lightning Network as a viable solution to solving the world’s payment problems
  • LQwD currently has 19 active nodes on the Lightning Network – each with a capacity that continues to grow, with the goal of creating access to 24 countries worldwide by the end of the current quarter
  • LQwD’s active nodes include US-West, Ireland, India, Germany, Brazil, Hong Kong, Singapore, Sweden, South Korea, South Africa, Bahrain, Indonesia, Italy, Australia, Japan-Osaka, France, Canada, England, and Japan
  • The cryptocurrency market is expected to reach US $2.2 billion by 2026, growing at a CAGR of 7.1%

On the heels of the Federal Reserve Bank of Cleveland’s Working Paper Series release of “The Lightning Network: Turning Bitcoin into Money,” the European Central Bank (“ECB”) has published its own, “Towards the Holy Grail of Cross-Border Payments,” exploring six potential avenues for addressing the inefficiencies in cross-border payments to address the need for immediate, cheap, universal reach, and secure settlement in the industry (https://ccw.fm/foWmw).

Much like the FED paper, ECB lays out the framework for using blockchain and Bitcoin payment structures to facilitate payments but also incorporates the drawbacks associated with the ever-changing technology. The ECB paper hypothesizes that even with the use of the Lightning Network, a layer 2 payment…

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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.

How Blockchain Tech Helping Marketing to Evolve

August 12, 2022 11:05:00

Blockchain technology first hit the mainstream in 2009 when Satomi Nakamoto published a white paper discussing a new digital token called Bitcoin. More than a decade later, cryptocurrencies and the blockchain technology they run on have grown into a major global industry even though Bitcoin is currently undergoing an unprecedented winter that has wiped out some $2 trillion in value.

Banking on blockchain’s decentralized nature, companies have found several ways they can leverage blockchain to improve their marketing efforts and make those efforts more efficient. In fact, blockchain technology know-how has become one of the most in-demand skill sets in the country as…

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About CryptoCurrencyWire

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

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

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

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

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

CryptoCurrencyWire is part of the InvestorBrandNetwork.

CryptoNewsBreaks — BIT Mining Limited (NYSE: BTCM) Announces Plans to Release Q2 2022 Financial Report

August 12, 2022 10:37:59

BIT Mining (NYSE: BTCM), a leading technology-driven cryptocurrency mining company, plans to release its unaudited financial results for the quarter ending June 30, 2022. The company plans on releasing the Q2 2022 numbers on Friday, Aug. 19, 2022, before the U.S. market opens. BIT has a long-term strategy that focuses on creating value across the cryptocurrency industry, including cryptocurrency mining, mining pool and data-center operation. In fact, BTCM The owns the world’s top blockchain browser — BTC.com — as well as the comprehensive mining pool business operated under BTC.com.

To view the full press release, visit https://ccw.fm/0lc90

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 and data-center operation. 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, completing Bit Mining’s vertical integration with its supply chain, increasing its self-sufficiency and strengthening its competitive position. 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 844-397-5787 (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 – Stronghold Digital Mining Inc. (NASDAQ: SDIG) Reschedules Q2 2022 Earnings Call

August 11, 2022 14:41:54

Stronghold (NASDAQ: SDIG) has announced that it is rescheduling its second quarter 2022 earnings conference to Monday, Aug. 15 at 5:00 p.m. Eastern Time. In addition, a press release detailing the results will be issued after the close of trading on the same day. During the call, Stronghold management will provide prepared remarks, followed by a question-and-answer period. Interested parties may join the event by dialing 1-646-307-1963 (U.S.) or 1-800-715-9871 (international) and entering conference ID: 4275661. The conference call will broadcast live and be available for replay at https://ccw.fm/jycLu. Attendees are asked to join via the conference telephone number approximately 10 minutes before the start time.

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

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 844-397-5787 (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 – GreenBox POS (NASDAQ: GBOX) Announces Participation in Upcoming Q3 Investor Summit

August 11, 2022 09:32:48

GreenBox (NASDAQ: GBOX), an emerging and rapidly growing fintech company, will be presenting at the upcoming Q3 Investor Summit. The two-day event, which is slated for Aug. 16–17, 2022, is hosted by Investor Summit Group. GreenBox chair Ben Errez will be presenting virtually; his presentation is scheduled for Aug. 17, 2022, at 12:30 p.m. ET. In addition, Errez will host one-on-one meetings with investors during the summit. The Q3 Investor Summit is designed to connect companies with leading investors.

To view the webcast, visit https://ccw.fm/JKHk0

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

About GreenBox POS

GreenBox is an emerging financial technology company leveraging proprietary blockchain security and token technology to build customized payment solutions. The company’s applications enable an end-to-end suite of turnkey financial products with fraud detection technology, improving the efficiency of handling large-scale commercial processing volumes for its merchant clients. For more information about the company, please visit www.GreenBoxPOS.com.

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

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 844-397-5787 (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 – LQwD FinTech Corp. (TSX.V: LQWD) (OTCQB: LQWDF) Increasing Presence on Revolutionary Lightning Network

August 10, 2022 14:03:59

LQwD FinTech (TSX.V: LQWD) (OTCQB: LQWDF) has launched 17 active nodes on the Bitcoin Lightning Network, spanning multiple countries to facilitate faster transactions with lower fees. “The first node (US-West) was launched in November 2021, around the same time the company launched its platform-as-a-service (‘PaaS’) offering, lqwd.tech. LQwD’s PaaS solution allows users worldwide to send and receive Bitcoin on the Lightning Network instantly, securely and inexpensively. The company expects the Lightning Network to be a force for global change and the monetary exchange of the future … with this expectation, it has invested its own Bitcoin assets into the Lightning Network to facilitate node growth,” a recent article reads. “The cryptocurrency market size was valued at US$1.6 billion in 2021. It is expected to reach US$2.2 billion by 2026, growing at a CAGR of 7.1% over the forecast period. This growth is attributed to economic conditions and the rise in demand for cryptocurrency across various applications. The launch of various hardware and software companies has been a driving factor in the industry’s growth. LQwD is leveraging these factors to set sights on increasing the number of nodes available on the Lightning Network. The company plans to activate more nodes worldwide, increasing its presence as a trusted PaaS on the Network.”

To view the full article, visit https://ccw.fm/TQQQY

About LQwD FinTech Corp.

LQwD is a Lightning Network Service Provider (“LSP”) focused on developing payment infrastructure and solutions accelerating the global mega trend of Bitcoin adoption through the Lightning Network. The company’s mission is to develop institutional grade services that support the Lightning Network and drive improved functionality, transaction capability, user adoption and utility and scaling Bitcoin. LQwD also holds and acquires Bitcoin as an operating asset, establishing nodes and payment channels on the Lightning Network. For more information, visit the company’s website at www.LQwDFinTech.com.

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 (“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 844-397-5787 (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 – Coinbase Global Inc. (NASDAQ: COIN) Issues Q2 2022 Shareholder Letter

August 10, 2022 12:18:42

Coinbase Global Inc. (NASDAQ: COIN) has announced the release of its second quarter 2022 shareholder letter. The letter, including the company’s financial results, is available on Coinbase’s Investor Relations website. The company also held a question-and-answer session to discuss its second quarter 2022 financial results on Tuesday, August 9, 2022. A replay of the call and transcript is available on the company’s Investor Relations website.

To view the full press release, visit https://ccw.fm/98IAU

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 844-397-5787 (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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Indian IT College Holds First Blockchain-Backed Elections

August 10, 2022 11:05:00

Blockchain technology isn’t going anywhere anytime soon. Even though the crypto market is currently experiencing a crypto winter that has caused most cryptos to lose more than 50% of their value, organizations are still keen on leveraging blockchain. Thanks to its decentralized nature, blockchain reduces points of weakness, improves data reconciliation, and enhances security, speed, and privacy.

Students from an IT college in India recently made history after they held the world’s first blockchain-based elections, showing just how effective blockchain can be in a wide variety of applications. The Center of Innovation IIT-Madras’s Webops and Blockchain Club recently developed software that allowed…

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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 Mining Limited (NYSE: BTCM) Receives Notice Regarding NYSE Continued Listing Standards

August 8, 2022 12:18:45

BIT Mining (NYSE: BTCM), a leading technology-driven cryptocurrency mining company, today announced its receipt of a letter from the New York Stock Exchange (“NYSE”), dated July 29, 2022, notifying the company that it was not in compliance with applicable price criteria in the NYSE’s continued listing standards. This is because, as of July 28, 2022, the average closing price of BIT Mining’s American Depositary Shares (“ADSs”) was less than US$1.00 per ADS over a consecutive 30 trading-day period. Per Section 802.01C of the NYSE’s Listed Company Manual, BIT Mining has six months (the “Cure Period”) following receipt of the notice to regain compliance with the minimum share price requirement. The company can regain compliance at any time during the Cure Period if, on the last trading day of any calendar month during the Cure Period, BIT Mining has a closing share price of at least US$1.00 per ADS, and an average closing share price of at least US$1.00 per ADS over the 30 trading-day period ending on the last trading day of that month. In the event that BIT Mining is not in compliance with these requirements at the expiration of the Cure Period, the NYSE will commence suspension and delisting procedures. On August 4, 2022, the company notified the NYSE of its intent to cure the deficiency.

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

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 and data center operation. The company owns the world’s top blockchain browser BTC.com and the comprehensive mining pool business operated under BTC.com, providing multi-currency mining services including BTC, ETH and LTC. The company also owns a 7-nanometer cryptocurrency mining machine manufacturer, Bee Computing, completing the company’s vertical integration with its supply chain, increasing its self-sufficiency and strengthening its competitive position.

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 844-397-5787 (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) Issues July 2022 Production Update

August 8, 2022 12:08:09

Bit Digital (NASDAQ: BTBT), a digital asset mining company headquartered in New York, today announced its unaudited bitcoin and ethereum production and corporate updates for the month of July 2022. According to the update, the company earned 142.5 bitcoins in July 2022, reflecting an 111% increase compared to the prior month. In addition, the company earned 0.5 ETH during July 2022 compared to 0.0 in the month ending June 30, 2022. On July 31, 2022, treasury holdings of BTC and ETH were 889.1 and 2,176.9, with a fair market value of approximately $20.7 million and $3.7 million, respectively. Also, as of July 31, 2022, the company owned 38,135 bitcoin miners and 731 ethereum miners, with an estimated maximum total hash rate of 2.7 exahash (“EH/s”) and 0.3 terahash (“TH/s”), respectively. During the month, Bit Digital finalized an agreement for 5 megawatts of hosting capacity in Canada in a facility that utilizes a primarily hydroelectric energy source.

To view the full news release, visit https://ccw.fm/syl6W

About Bit Digital Inc.

Bit Digital is a bitcoin mining company headquartered in New York City. Its mining operations are 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 844-397-5787 (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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Report Reveals $2.7B Injected into Minting NFTs in Six Months

August 8, 2022 11:05:00

NFTs first hit the mainstream in May 2014 when a digital artist Kevin McCoy minted a nonfungible token called Quantum on the Namecoin blockchain. Last year proved to be a great year for NFTs, thanks to an explosive surge in popularity that led to an increase in NFT supply as well as demand. Now market research from blockchain data company Nansen has revealed that for the first half of 2022, cryptocurrency users spent 963,227 Ether ($2.7 billion) minting NFTs on Ethereum’s blockchain.

The research showed that the minting happened from 1.088 million wallet addresses hosted on Ethereum’s blockchain, with most of this minting occurring at OpenSea.io. Half of the Ethereum cryptocurrency that was raised from Jan. 1, 2022, through June 30, 2022, remained with the…

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About CryptoCurrencyWire

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

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

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

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

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

CryptoCurrencyWire is part of the InvestorBrandNetwork.

CryptoNewsBreaks – HIVE Blockchain Technologies Ltd. (TSX.V: HIVE) (NASDAQ: HIVE) (FSE: HBF) Releases Production Update for July 2022

August 5, 2022 11:06:02

HIVE Blockchain Technologies (TSX.V: HIVE) (NASDAQ: HIVE) (FSE: HBF) has announced statistics for its global Bitcoin and Ethereum mining operations July 2022; the company is reporting a BTC HODL balance of 3,091 Bitcoin and 6,820 Ethereum as of Aug. 4, 2022. Highlights of the update include that the company produced 279.9 BTC in July, with 2.2 Exahash of Bitcoin mining capacity at beginning of July, which increased to 2.26 Exahash of Bitcoin mining capacity during the month, with an average hashrate of 2.03 Exahash of Bitcoin mining capacity. In addition, HIVE noted that 2,957 ETH was produced during the month with 5.77 Terahash of Ethereum mining capacity at beginning of the month and 6.49 Terahash of Ethereum mining capacity at month end, with an average hashrate of 6.19 Terahash throughout the month. The company also observed that some miners were temporarily taken offline for layout optimization because of higher summer temperatures. HIVE produced an average of 15.0 Bitcoin Equivalent per day, comprised of approximately 9.0 BTC per day and Ethereum production of approximately 95 Ethereum per day, according to the report. “We continue to strive for operational excellence, ensuring that as we scale our hashrate, we also optimize our uptime, to ensure ideal Bitcoin and Ethereum output figures,” said HIVE president and COO Aydin Kilic in the press release. The report also mentioned recent discussions surrounding the potential Ethereum “Merge” to Proof of Stake (“PoS”), noting that regarding a timeline to PoS, a specific block for the Ethereum Merge has not been specified and until that has been addressed and “universally accepted” by the Ethereum Foundation, a merge indeterminate. “We also would like to provide an update on the BTC and ETH equivalency, where one can equate value of the coins produced daily. As such the ETH that HIVE produced during the month of July, equated on a daily basis, is approximately equal a monthly total of 185.2 BTC, which we refer to as Bitcoin Equivalent or BTC Equivalent. This is in addition to the 279.9 BTC produced from our Bitcoin mining operations during July, for a total of 465.1 Bitcoin equivalent.”

To view the full press release, visit https://ccw.fm/5ALQy

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. The company 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 it sources green energy to mine on the cloud, both Ethereum and Bitcoin. Since the beginning of 2021, HIVE has held in secure storage the majority of its ETH and BTC coin mining rewards. Those shares provide investors with exposure to the operating margins of digital currency mining as well as a portfolio of cryptocurrencies such as ETH and BTC. 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 about the company, 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 844-397-5787 (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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Blockchain Technology Could Go Mainstream Via Adult Entertainment Industry

August 5, 2022 09:20:00

Blockchain technology was revolutionary when it was first introduced in 2008 as part of a new digital currency called Bitcoin. Over the past decade, blockchain has provided systems with increased technology, speed and efficiency due to its decentralized nature. Even as cryptocurrency prices have hit historic lows in the past couple of months, several industries are keen on adopting blockchain into their systems.

The adult industry, which is known for being among the first sectors to adopt new technologies, could benefit a great deal from blockchain’s decentralized nature. Estimated to be worth billions of dollars, the adult industry could leverage blockchain’s capabilities to create safe and inclusive…

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The sector evolved with the times, transitioning from VHS and Blu-ray to the internet as the technology evolved. Furthermore, it was among the first industries to earn big bucks on the internet, and it continues to earn more than $1 billion per year through internet streaming. As online transactions and the web itself become more decentralized (Web 3), it is only natural that an industry that has been at the forefront of technology adoption will adopt blockchain as well.

Even though the adult industry is in an era where performers own the content they create, they often lack convenient methods of receiving payment. This forces them to depend on traditional banking solutions that are synonymous with high fees, chargebacks, payment cancellations and account closures. These payments also provide little privacy for the consumers buying adult content.

Cryptocurrencies have the potential to solve these issues by removing the middleman and allowing creators and clients to carry out financial transactions directly. Furthermore, the increased privacy associated with cryptos will allow users to keep their identities hidden, alleviating the privacy concerns associated with purchasing adult content.

Established adult sites have already seen how they could benefit from blockchain, and some of them have even incorporated cryptocurrencies such as Bitcoin into their payment systems. Newer sites have taken it a step further and created entire online ecosystems powered by blockchain to make the fan experience even better.

The Pleasure Network, for instance, has released a number of inclusive and safe adult platforms that are powered by NSFW, the Pleasure Coin utility token. This token allows creators to receive payments without any risk of chargebacks. It will also be used in Pleasureland, an incoming metaverse that will be the world’s first adult metaverse.

With entities such as Tingo Inc. (OTC: TMNA) also working to deepen the reach of blockchain in various sectors, a time may come when this technology is present in every aspect of human life.

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

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CryptoCurrencyWire is part of the InvestorBrandNetwork.

How the Recent Interest Rate Hike May Affect Cryptocurrencies

August 3, 2022 13:20:00

After weeks of intense speculation, the U.S. Federal Reserve has increased benchmark interest rates by 0.75% as inflation levels have soared. A statement from the Fed states that high inflation levels, increasing energy and food prices and the Russia-Ukraine war have caused upward pressure on inflation and impacted global economic activity. The most recent interest rate increase, which is the fourth consecutive such hike this year, will most likely increase volatility within the cryptocurrency market.

The Fed seems hell-bent on forestalling inflation and has taken an increasingly hawkish stance to ensure inflation remains at 2% over the long term. The most recent interest hike will most likely throw another monkey wrench at the crypto market soon after the industry saw historically low prices and…

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About CryptoCurrencyWire

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

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

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.

Untraceable Events Announces Launch of ‘UNNY’ Token For Its Event Gamification at Blockchain Futurist Conference 2022

August 3, 2022 12:35:00

The upcoming Blockchain Futurist Conference, organized by Untraceable Events, is designed as a huge gamification experience. Untraceable Events has announced the launch of its token UNNY, which attendees can receive simply by participating in activities throughout the conference. In this system, gamification points are allotted to attendees when they complete tasks and find codes throughout the two days. These points are then converted to UNNY which can be used to redeem prizes at the conference. The more points an attendee accumulates, the higher they are ranked in the Futurist Conference Leaderboard in the event app.

The conference will be running from August 9-10, 2022, unifying attendees, vendors, sponsors, and thought leaders of crypto, blockchain, NFTs, Metaverse, Defi, and Web3 world. The introduction of the token UNNY will encourage the attendees to actively participate in different experiences at the…

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To learn more about the conference, visit https://www.futuristconference.com.

To learn more about the ETHToronto hackathon, visit https://www.ethtoronto.ca

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.

Wild West Crypto Show Shines the Spotlight on RAILGUN, a Smart Contract System

August 3, 2022 11:50:00

Conservative alt-coin podcast hosts Drew Taylor and Brent Bates recently welcomed guests and the audience to another episode of their wildly popular Wild West Crypto Show. Special guests to the program included CryptoCurrencyWire’s Jonathan Keim with the three hottest stories in cryptocurrencies, as well as Alan Scott, head of growth at RAILGUN. Scott describes RAILGUN as a smart contract system built for privately transacting crypto on public ledger blockchains. “You can take and transact stable tokens privately… I think if we want crypto to be the future of finance, it has to have some semblance of modern, traditional rails. So, if you were to go to your favorite store in Texas, maybe to buy a cheeseburger, you swipe your debit card and it will gain access to your bank account,” he said. “In crypto, the second you and I have done a transaction, you would then gain access to my entire transaction history and could continue to follow me into the future as long as I use that wallet… So, it will be really important if cryptos achieve mainstream adoption to have some privacy… We built a smart contract using zero knowledge that allows users to take and deposit funds into a private wallet and then transact with that, all wholly on chain.”

To watch the latest episode, visit https://ccw.fm/uINGW*

About Wild West Crypto Show

The Wild West Crypto Show appears on TV in multiple markets across the country as well as online as a humorous and educational forum for providing information with the intent of reducing some of the consumer wariness about alt currency. For more information about the show and to view the latest episode, which includes CryptoCurrencyWire’s ongoing segment featuring recent news from around the world, visit www.WildWestCryptoShow.com.

About CryptoCurrencyWire

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

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

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

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

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) Announces Scheduled Release of Q2 2022 Financial Results, Conference Call

August 3, 2022 11:30:28

Canaan (NASDAQ: CAN), a leading high-performance computing solutions provider, today announced plans to report its financial results for the second quarter ended June 30, 2022, before the U.S. market opens on Aug. 18, 2022. On the same day at 8:00 a.m. ET, the company’s management team will hold a conference call to discuss the results. Interested parties should visit https://ccw.fm/lm3V3 to complete the online registration process in advance of the call. Upon registering, each participant will receive a set of dial-in numbers and a unique access PIN, which can be used to join the call. A live and archived webcast of the conference call will be available via the company’s investor relations website.

To view the full press release, visit https://ccw.fm/x3uRF

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 844-397-5787 (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) Releases July 2022 Updates on Productions, Operations

August 3, 2022 11:17:34

Riot Blockchain (NASDAQ: RIOT), an industry leader in Bitcoin mining and hosting, has released its July 2022 production and operations report. According to the report, during the month of July, Riot produced 318 BTC, a 28% decrease from the company’s July 2021 production of 443 BTC, and earned approximately $9.5 million in power credits as a result of curtailment activity; those power credits equate to approximately 439 BTC. The company also reported that it held some 6,696 BTC, all produced by Riot’s self-mining operations. In addition, the company sold 275 BTC, which generated approximately $5.6 million in net proceeds. The report also noted that Riot has a deployed fleet of 40,311 miners, with a hash rate capacity of 4.2 exahash per second (“EH/s”); that capacity has been impacted briefly by the relocation of a portion of the company’s mining fleet from a third-party hosting facility to its Whinstone facility, a move that the company anticipates will further reduce production costs. “We are pleased to report that Riot has demonstrated the effectiveness of its power strategy during the month of July,” said Riot Blockchain CEO Jason Les in the press release. “The company has consistently and proactively pursued low-cost, large-scale access to power under its long-term fixed rate power contracts, providing it with a unique ability to support ERCOT and release capacity back into the grid when power demand in Texas is high. . . . As energy demand in ERCOT reached all-time highs this past month, the Company voluntarily curtailed its energy consumption in order to ensure that more power would be available in Texas. Riot curtailed a total of 11,717 megawatt hours in July, enough to power 13,121 average homes for one month. Curtailing the Company’s power consumption reduced BTC production by an estimated 21% in July, but also significantly reduced Riot’s power costs for the month.”

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

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.

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CryptoNewsBreaks – Bit Digital Inc. (NASDAQ: BTBT) Further Diversifies Hosting Portfolio with Primarily Hydro-Powered Site

August 3, 2022 10:40:10

Bit Digital (NASDAQ: BTBT), a digital asset mining company headquartered in New York, today announced that it has finalized an agreement for 5 megawatts of incremental hosting capacity to power its miners. The facility is located in Canada and utilizes a primarily hydro-power operated energy source. Currently powering approximately 650 of the company’s miners, the facility is expected to accommodate 1,500 units over the coming months. “We are pleased to further diversify our hosting portfolio with this primarily hydro-powered site,” said Bit Digital’s CEO Bryan Bullett. “We continue to believe that a diversity of hosting sites mitigates risk and enhances operational efficiency. This new agreement not only advances our goal of becoming entirely carbon-free but does so at an attractive cost that is expected to help reduce our weighted average power cost.”

To view the full news release, visit https://ccw.fm/D3HPe

About Bit Digital Inc.

Bit Digital is a bitcoin mining company headquartered in New York City. Its mining operations are 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 844-397-5787 (U.S. Mobile Phones Only)

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

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CryptoNewsBreaks – Marathon Digital Holdings Inc. (NASDAQ: MARA) Expands Credit Facilities to Add Capacity, Optionality in Financing Future Growth

August 2, 2022 11:28:53

Marathon Digital Holdings (NASDAQ: MARA) is a leader in supporting and securing the bitcoin ecosystem. The company has expanded its credit facilities with Silvergate Bank, the leading provider of innovative financial infrastructure solutions to the digital currency industry, by refinancing its existing $100 million revolving line of credit and adding an additional $100 million term loan on July 28. “We are pleased to be closing on these debt facilities and believe that the combination of a term loan and revolver provide Marathon with exceptional flexibility as to our funding options,” said Hugh Gallagher, Marathon’s CFO. “With these facilities in place, we have achieved our goals of adding both capacity and optionality in financing our future operations growth. We thank the team at Silvergate for their engagement as we collaborated to put these facilities in place.”

To view the full press release, visit https://ccw.fm/FM1OV

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 844-397-5787 (U.S. Mobile Phones Only)

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

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

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CryptoNewsBreaks – LQwD FinTech Corp. (TSX.V: LQWD) (OTCQB: LQWDF) Scaling Solutions, Targeting Accretive Growth

August 1, 2022 12:57:15

LQwD FinTech (TSX.V: LQWD) (OTCQB: LQWDF), a company focused on developing institution-grade payment infrastructure, liquidity and solutions for the Lightning Network (“LN”), is scaling solutions through the LN. “The company released its first node (US-West) in November 2021, alongside its platform-as-a-service (“PaaS”) offering, https://lqwd.tech. The current capacity of US-West is 6.06271656 BTC (606,271,656 sat/ US$118,154.83); it has over 100 active channels and connected nodes currently operational. Over the last 30 days, US-West has experienced an increase of 0.277324 BTC (+4.79%), an increase of six channels (+5.71%), and a median fee rate of 0.000003 sat. LQwD’s nodes currently operate across 17 countries, but the company’s goal is to expand to 24 by the end of the current quarter,” a recent article reads. “LQwD’s PaaS allows users to manage Lightning Network node hosting and channel management. It is also a liquidity service provider (‘LSP’) for merchants, utilizing globally distributed routing nodes through an easy-to-use API. The interface makes it easier for users to send and receive BTC across the Lightning Network, faster and at lower fees than traditional blockchain transactions. The company hopes to achieve accretive growth by targeting up-and-coming Lighting Network projects and LSPs.”

To view the full article, visit https://ccw.fm/yTiBe

About LQwD FinTech Corp.

LQwD is a Lightning Network Service Provider (“LSP”) focused on developing payment infrastructure and solutions accelerating the global mega trend of Bitcoin adoption through the Lightning Network. The company’s mission is to develop institutional grade services that support the Lightning Network and drive improved functionality, transaction capability, user adoption and utility and scaling Bitcoin. LQwD also holds and acquires Bitcoin as an operating asset, establishing nodes and payment channels on the Lightning Network. For more information, visit the company’s website at www.LQwDFinTech.com.

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 (“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 844-397-5787 (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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Three Generations of Blockchain Tech Evolution

August 1, 2022 11:50:00

Most experts will say that there have been three generations of the web: Web 1.0, Web 2.0 and Web 3.1. The first iteration of the internet is also referred to as the read-only web, the second is the participative social web and the third version of the internet is the “read, write, execute web.” These three generations have been spread out over the past three decades or so since the internet was invented.

Just as there has been three generations of the web, blockchain technology has also evolved through three different eras, albeit over a much shorter timeline. But while the third iteration of the internet, Web 3.0, is still in its infancy, the three generations of blockchain have distinct and…

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)

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CryptoCurrencyWire (CCW)
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Five Factors Investors Need to Consider When Choosing Blockchains

July 29, 2022 11:50:00

Blockchain technology has been a big hit over the past couple of years because of its decentralized structure. This decentralization grants increased transparency, greater security and instant traceability as well as enhanced efficiency and speed, making blockchain a great addition to any business structure. Even though the cryptocurrency market has faltered in the past few months, blockchain technology isn’t going anywhere anytime soon.

Given the speculation around blockchain, especially regarding its integration into existing corporate structures across different industries, plenty of investors have considered investing in blockchain. However, as with all investing, there are important factors to…

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)

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

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CryptoNewsBreaks – Marathon Digital Holdings Inc. (NASDAQ: MARA) Announces Q2 2022 Earnings Conference Call

July 29, 2022 11:21:41

Marathon Digital Holdings (NASDAQ: MARA), a leader in supporting and securing the Bitcoin ecosystem, will be releasing its financial results on Monday, Aug. 8, and has scheduled an earnings call for that same day, to begin at 4:30 p.m. ET. The financial report will be released prior to the call and will be available on the company website, in the investor relations section.  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. MARA will use a new Q&A platform for the call designed to enhance the overall experience as well as the engagement of the shareholder community. Those participating in the call may be able to submit questions ahead of time for consideration.

To listen to the full call, visit https://ccw.fm/qUfmK

To view the full press release, visit https://ccw.fm/uMxO5

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 844-397-5787 (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