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Thursday, March 29, 2018
#CryptoCorner; #Twitter ( $TWTR ) Ban May Have Taken Toll on #Crypto Market, Japanese Exchanges to Shut Down and #Bitfinex Seeks a New Home
#CryptoCorner; #Twitter ( $TWTR ) Ban May Have Taken Toll on #Crypto
Market, Japanese Exchanges to Shut Down and #Bitfinex Seeks a New Home
Point Roberts, WA, Delta BC – March 29, 2018 - Investorideas.com, a leader in crypto and
blockchain investing news reports on what’s driving the cryptocurrency markets
with today’s edition of Crypto Corner.
Crypto Corner – March 29, 2018
By Samuel Mowers at Investorideas.com
Twitter Ban May Have Taken Toll on Crypto Market, Japanese Exchanges to
Shut Down and Bitfinex Seeks a New Home
Bitcoin (BTC) is sitting at just under $7500 USD at
press time, with the total crypto market cap around $275 billion USD. Outlets such as Cointelegraph speculate that the recent Twitter ban on crypto ads may be an influence on trading prices.
“Twitter’s
move made it the third tech giant to outlaw cryptocurrency advertising in 2018,
following Facebook and Google respectively. The knock-on effect
on Bitcoin and altcoin prices has been tangible, with BTC/USD at its lowest
point this year with the exception of a momentary dip below $6000 Feb. 6.”
Nikkei reports today that
two Japanese cryptocurrency exchanges, Tokyo GateWay and Mr. Exchange, are
shutting down amid the Financial Services Agency (FSA) crackdown.
“Tokyo GateWay and Fukuoka-based Mr. Exchange are
withdrawing their applications to register with Japan's Financial Services
Agency as exchange operators. The FSA on March 8 ordered both to improve their
data security and other safeguards after they were found to be lacking.”
The FSA requires exchanges to register with the
agency in addition to compliance with new regulations.
“A law that took effect last April
requires cryptocurrency exchange operators to register with the FSA. Sixteen
have done so, while another 16 were allowed to continue operating while their
applications were under review.
The five exchange operators that have
decided to pull out of the business are all part of this latter group, as is
Tokyo-based Coincheck, from which hackers stole around 58 billion yen ($532
million at the time) in the virtual currency NEM in January.”
It was reported today in
German-language Swiss newspaper Handelszeitung that cryptocurrency exchange
Bitfinex is planning to relocate from Hong Kong to Switzerland. This follows news that the
world’s largest cryptocurrency exchange, Binance, will also be relocating from
Hong Kong to Malta. Bitfinex CEO Jean-Louis van der Velde affirmed the
company’s desire for a new home.
The head of
Bitfinex, Jean-Louis van der Velde, confirms the facts: "We are looking
for a new home for Bitfinex and the parent company iFinex, where we want to
merge the operations previously spread over several locations." There have
already been several meetings with the State Secretariat for International
Financial Affairs (SIF) and an exchange with Federal Councilor Johann
Schneider-Ammann, the head of the Department of Economic Affairs.
Crypto Corner Sponsors:
Flip™ is the creation of Fit Pay, Inc., a leading provider of
cutting edge payment technology and a subsidiary of NXT-ID (NASDAQ: NXTD).
By leveraging the FitPay Payment Platform™, Flip enables cryptocurrency holders
to seamlessly exchange their cryptocurrency for US dollars and store that value
on a contactless payment device that can be used to make purchases at millions
of retail locations. https://www.fliptopay.com/
Blockchain and Crypto Stock GoverMedia Plus Canada
Corp. (CSE: MPLS). GoverMedia Plus Canada Corp. is a Canadian holding
company with a fully owned Russian technology subsidiary. GoverMedia has
developed a fully operational state of the art internet platform offering all
inclusive online services such as, e-commerce, social media, multimedia,
corporate auctions, corporate database, messaging platform, crowdfunding,
cryptocurrency and blockchain services. We believe the GoverMedia platform is
the first and only internet platform offering such a wide range of online
services accessible via only one account. The Company's management and advisors
have extensive expertise in the Telecommunications, High-Technology, Corporate
Development and Finance fields. www.gm.plus and www.govermedia.plus.
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Wednesday, March 28, 2018
Media Alert: Flip™ FAQ for New Contactless Payment Device for Cryptocurrencies
Media
Alert: Flip™ FAQ for New Contactless Payment Device for Cryptocurrencies
Limited Time
offer Discount to Consumers
MELBOURNE, Florida, March 28, 2018 – Fit Pay, Inc., a wholly owned subsidiary of NXT-ID, Inc. (NASDAQ: NXTD), issues a product FAQ (https://www.fliptopay.com/#FAQ) for Flip™, its new contactless payment device that will enable cryptocurrency
holders to use the value of their currency to make purchases at millions of
retail locations.
Read this news in full at http://www.investorideas.com/CO/NXT/news/2018/03281FlipForCryptocurrencies.asp
FAQ:
What is FLIP?
FLIP is a contactless payment device that allows you to use your
cryptocurrency value for traditional payment transactions. Flip enables
cryptocurrency holders to seamlessly exchange their cryptocurrency for US
dollars and store that value on a contactless payment device that can be used
to make purchases at retail locations.
Where does Flip Work?
Flip works anywhere contactless
payments are accepted.
What cryptocurrencies does Flip support?
Initially, Flip will
accept value exchanged from Bitcoin. It will potentially expand to other
cryptocurrencies in the future.
How does Flip work?
Flip exchanges your cryptocurrency
value into US dollars, which are then used to fund a prepaid-payment device.
The near field communication (NFC) device can then be used at any contactless
payment point of sale terminal. Simply tap your Flip to pay.
Read the full FAQ:
Consumers interested in purchasing Flip can pre-order the device
at FliptoPay.com. The regular retail
price for Flip is $29 with standard shipping included. For a limited time offer
consumers can order Flip at 50% off at $14.50.
There are account and exchange fees associated with maintaining a
Flip digit wallet. Initial deliveries expected in the second quarter of 2018.
Customers will only be charged when the product is shipped to them. Flip is
currently only available in the United States. For more information, visit FliptoPay.com.
NXT- ID, Inc. and Fit Pay, Inc.
NXT-ID, Inc. (NASDAQ: NXTD) provides a comprehensive platform of technology
products and services that enable the Internet of Things (IoT). With extensive
experience in access control, biometric and behavior-metric identity
verification, security and privacy, encryption and data protection, payments,
miniaturization and sensor technologies, NXT-ID develops and markets
groundbreaking solutions for payment and IoT applications. Its industry-leading
technology products and solutions include MobileBio®, a suite of biometric solutions that secure consumers'
mobile platforms, the Wocket™, a next-generation smart wallet and the Flye, a digital credit card developed in collaboration with WorldVentures. NXT-ID
includes three mobile and IoT-related subsidiaries: LogicMark, LLC, a manufacturer
and distributor of non-monitored and monitored personal emergency response
systems ("PERS") sold through dealers/distributors and the United
States Department of Veterans Affairs; Fit Pay, Inc., a proprietary technology platform that
delivers end-to-end solutions to device manufacturers for contactless payment
capabilities, credential management, authentication and other secure services
within the IoT ecosystem, and 3D-ID LLC, which is engaged in biometric identification and
authentication. Learn more about NXT-ID at www.nxt-id.com. NXT-ID Inc. Corporate Contact: info@nxt-id.com. FitPay and the
FitPay Payment Platform are trademarks of Fit Pay, Inc.
Forward-Looking Statements for NXT-ID: This press
release contains forward-looking statements within the meaning of the Private
Securities Litigation Reform Act of 1995. Forward-looking statements reflect
management's current expectations, as of the date of this press release, and
involve certain risks and uncertainties. Forward-looking statements include
statements herein with respect to the successful execution of the Company's
business strategy. The Company's actual results could differ materially from
those anticipated in these forward-looking statements as a result of various
factors. Such risks and uncertainties include, among other things, our ability
to establish and maintain the proprietary nature of our technology through the
patent process, as well as our ability to possibly license from others patents
and patent applications necessary to develop products; the availability of
financing; the Company's ability to implement its long range business plan for
various applications of its technology; the Company's ability to enter into
agreements with any necessary marketing and/or distribution partners; the
impact of competition, the obtaining and maintenance of any necessary
regulatory clearances applicable to applications of the Company's technology; and
management of growth and other risks and uncertainties that may be detailed
from time to time in the Company's reports filed with the Securities and
Exchange Commission.
D. Van Zant
1.800.665.0411
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Investorideas.com is a digital publisher of third party sourced
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including video, interviews and articles. Original content created by
investorideas is protected by copyright laws other than syndication rights. Our
site does not make recommendations for purchases or sale of stocks, services or
products. Nothing on our sites should be construed as an offer or solicitation
to buy or sell products or securities. All investment involves risk and
possible loss of investment. This site is currently compensated for news
publication and distribution, social media and marketing, content creation and
more. Contact each company directly regarding content and press release
questions. Disclosure is posted for each compensated news release, content
published /created if required but otherwise the news was not compensated for
and was published for the sole interest of our readers and followers. More
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Global Blockchain Market to Reach $60.7 billion in 2024; Spherix Incorporated (NASDAQ: $SPEX) Aims to Educate Investors and Industry Watchers with New Media Acquisition
Global Blockchain Market to Reach
$60.7 billion in 2024; Spherix Incorporated (NASDAQ: $SPEX) Aims to Educate
Investors and Industry Watchers with New Media Acquisition
Companies Mentioned: Spherix Incorporated ( $SPEX), IBM (NYSE:$ IBM), Microsoft (NASDAQ: $MSFT) and Accenture (NYSE: $ACN)
Point Roberts, WA , Delta
BC – March 28, 2018 - Investorideas.com, a leader in Blockchain content with
its Bitcoin and Blockchain portals Bitcoinandblockchainstocks.com, Cryptocurrencyinvestorideas.com and Blockchaininvestorideas.com releases a sector snapshot for the blockchain sector. Companies mentioned include
Spherix Incorporated (SPEX), IBM (NYSE: IBM), Microsoft (NASDAQ: MSFT) and Accenture (NYSE: ACN).
Read this news in full at http://www.investorideas.com/news/2018/bitcoin/03281NASDAQSPEX.asp
According to a report
entitled, Blockchain: Market Shares, Strategies, and Forecasts, Worldwide, 2018
to 2024, “The global market for blockchain at $708 million in 2017 is
anticipated to reach $60.7 billion in 2024. IBM (NYSE: IBM) and Microsoft (NASDAQ: MSFT) are driving blockchain as their clients are making the
transition to cloud services. Accenture (NYSE: ACN) has measurable market share as well.”
For investors looking at
the sector there are now four ETF’s focusing on blockchain; Amplify
Transformational Data Sharing (BLOK), Reality Shares Nasdaq NexGen Economy (BLCN), First Trust Indxx Innovative Transaction & Process (LEGR) and Innovation Shares NextGen Protocol (KOIN).
A recent entry into the
sector, Spherix Incorporated (SPEX), is now setting up investors and industry watchers with
educational tools to explain this innovative technology. It’s confusing for beginners
to differentiate between the negative regulatory headlines on cryptocurrency
and ICO’s and the innovation breakthrough blockchain technology represents
globally And if there is a problem with
blockchain - why are all the biggest names in tech all on board with it?
Spherix Incorporated (SPEX) reported yesterday that they had closed an investment in
TheBit Daily LLC ("TheBit"), a development stage media and education
platform focused on the blockchain and cryptocurrency space. The site provides
strategic and intelligently condensed insight into this exciting technology.
For more information, please visit: www.thebitdaily.com.
TheBit Daily aims to lower
the barrier of entry into the blockchain and cryptocurrency technology fields.
TheBit informs readers, who range from beginners to experts, through its easy
to understand "Guides" on the main concepts behind blockchain and
cryptocurrencies. TheBit offers a free
custom-curated newsletter that apprises users on the latest updates and events
impacting the blockchain and cryptocurrencies sectors. This laymen's terms
newsletter keeps readers informed in just 3 minutes or less and is sent 3 times
per week. The site also publishes interviews with leaders in the industry,
which keep its audience at the forefront of this innovative technology. Moving
forward, TheBit plans on expanding its platform to include community sourced
resource discovery, informational videos and access to a social network focused
on the blockchain ecosystem. TheBit was founded by Erica Amatori and Chris
Hoyle, both of the College of William & Mary, the second oldest college in
the nation.
Anthony Hayes, CEO of
Spherix stated, "Our investment in TheBit provides our shareholders
another opportunity to participate in the growing blockchain and cryptocurrency
space, while also being accretive to our proposed acquisition of DatChat. As the Company moves into the blockchain
space, TheBit provides our shareholders and other users with clear and easy to
understand information about blockchain and cryptocurrencies. This investment will
seek to diversify our revenue base as we help incubate and grow a fantastic
startup. This is a true win-win. TheBit offers something special and we are
very proud to be working with Erica and Chris."
Erica Amatori, Co-Founder
of TheBit Daily, told their story. "When Bitcoin was booming in 2017,
friends asked us constantly how to participate in its explosive growth. That's
when we realized there was a lack of education in the space. Articles and media were geared towards highly
complex and technical information. TheBit Daily was born out of the need to
simplify blockchain for everyone."
Co-Founder, Chris Hoyle,
had this to say about the future. "Blockchain and ICO enthusiasim has
overwhelmed many people and caused great discomfort regarding the space. TheBit Daily seeks to demystify the area and
help fill the void where the media and investment community have failed. We remain very optimistic about the
motivations of builders in the space and the potential use cases for
cryptocurrencies and blockchain. Our
mission will be to provide clarity so that the right ideas can receive the
public attention and level of understanding that they deserve."
Following blockchain technology? View
our growing Bitcoin, Blockchain and Digital Currency Stocks Directory at Investorideas.com
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site does not make recommendations for purchases or sale of stocks, services or
products. Nothing on our sites should be construed as an offer or solicitation
to buy or sell products or securities. All investment involves risk and
possible loss of investment. This site is currently compensated for news
publication and distribution, social media and marketing, content creation and
more. Contact each company directly regarding content and press release
questions. Disclosure is posted for each compensated news release, content
published /created if required but otherwise the news was not compensated for
and was published for the sole interest of our readers and followers. More
disclaimer info: http://www.investorideas.com/About/Disclaimer.asp. Disclosure: SPEX is a paid PR, news and social media client on
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