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Thursday, May 31, 2018
#CryptoCorner; Huobi Expanding to #Brazil, Monster Products Eyes $300 Million #ICO and Hong Kong Rules Out CBDC For Now
#CryptoCorner; Huobi Expanding to #Brazil, Monster Products Eyes $300
Million #ICO and Hong Kong Rules Out CBDC For Now
Point Roberts, WA, Delta BC – May 31, 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.
Read this in full at http://www.investorideas.com/news/2018/crypto-corner/05311HuobiMonsterHongKong.asp
Huobi Expanding to Brazil, Monster Products Eyes $300 Million ICO and
Hong Kong Rules Out CBDC For Now
Huobi, the world’s third largest cryptocurrency
exchange, is expanding to Brazil according to local outlet Portal do Bitcoin. The piece says that Huobi representatives “were seen distributing”
business cards during VI Bitconf, a crypto conference in São Paulo. The piece
also claims that Huobi is scouting Brazilian talent via LinkedIn.
“Via Linkedin, the company is also selecting
Brazilian talent. Two vacancies are open: the Chief Compliance Officer, whose
main function is to monitor the operations carried out, aiming to identify
deficiencies and irregularities in the processes of exchange, trading, systems
and registration, thus preventing money laundering in these operations with
possible fraud irregularities . The other is for Digital Marketing Manager,
whose function is to develop the brand in Brazil and create a strategy for its
growth.”
Monster Products, the company responsible for Beats
headphones, are planning to hold a $300 million USD ICO, according to an SEC filing dated May 25. The proceeds from the sale of Monster Money Tokens (MMNY)
tokens will go to the creation of an Ethereum-based e-commerce platform called
the Monster Money Network.
The Company intends to develop Monster Money Network in three stages as set forth below:
● Stage I: establish Monster Money Network to
provide the basic transactional functions, such as Monster Money Wallets and
processing transactions in MMNY Tokens;
● Stage II: establish a private off-chain
platform where micro-transactions can be completed without or with very limited
transaction costs caused by mining activities (“gas”).
● Stage III: complete Monster’s blockchain and
integrate such blockchain to the operating systems of the Company, such as
marketing, accounting and auditing, payroll services, inventory control and
shipping management.
Hong Kong has no current plans to issue a Central
Bank Digital Currency (CBDC), according to a government press release yesterday. Joseph Chan, the Acting Secretary for Financial Services and
the Treasury, did not rule out CBDCs in the future but cited Hong Kong’s robust
existing payment infrastructure as reason not to currently pursue it.
“The HKMA has
carried out research on CBDC. At the same time, the HKMA notes that the
benefits of CBDC and its efficiency gains will depend on the actual
circumstances of a jurisdiction. In the context of Hong Kong, the already
efficient payment infrastructure and services make CBDC a less attractive
proposition. The HKMA has no plan to issue CBDC at this stage but will continue
to monitor the international development.”
Sam Mowers, Investorideas.com
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/
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creates original content, 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
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followers. More disclaimer info: http://www.investorideas.com/About/Disclaimer.asp. Disclosure: this newsletter is sponsored content by
featured companies NXt-ID (NASDAQ: NXTD) on behalf of Flip More info: http://www.investorideas.com/About/News/Clientspecifics.asp
Cryptocurrency Disclaimer
Investorideas.com news content is not
meant to be a solicitation to buy or sell cryptocurrencies and
Investorideas.com does not directly sell cryptocurrencies; but acts as a news
and research resource for interested investors following the blockchain sector.
Copyright and ownership: Crypto
Corner is an Investorideas.com content brand
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Breaking #Blockchain News: Gopher (OTCQB: GOPH) Forms Joint Venture to Pursue #AI -BlockChain Based Smart Contracts Industry in #LatinAmerica
Breaking #Blockchain News: Gopher (OTCQB: GOPH) Forms Joint Venture to
Pursue #AI -BlockChain Based Smart Contracts Industry in #LatinAmerica
Santa
Monica, CA, May 31, 2018- (Investorideas.com Newswire) Gopher Protocol Inc.
(OTCQB: GOPH)
("Gopher"), a company specializing in the creation of Internet of
Things (IoT) and Artificial Intelligence enabled mobile technologies, formed a joint venture with the formation of a limited
liability company, Gopher Protocol Costa
Rica Sociedad De Responabilidad Limitada (“Gopher CR”), in Costa Rica with the
Lara Group with both parties owning 50% of Gopher CR, which will be managed by
Mauricio Lara Ramos, Esq. Gopher CR
intends to invest and develop AI-BlockChain assets or businesses in Latin
America with initial efforts focused on smart contracts.
“I am looking forward to working with Gopher and using their
technological resources, intellectual property and financial backing to find
new solutions for the underserved and under-banked markets of Latin America
that represent an approximate market of 250 million people. The applications
for blockchain solutions are unlimited and I look forward to combining local
assets with the Gopher’s platform to potentially create new revenue streams for
Gopher CR” stated Mr. Lara.
About Lara Group
The Lara Group is a leading firm in Costa Rica.
Mr. Lara is a Costa Rican attorney. He specializes in
providing legal consulting in international tax planning and real estate
development for individuals and companies from Latin America investing in the
US and US individuals and companies investing in Latin America. He is a member
and partner of InterTax, a legal and accounting services firm with offices in
Weston, Brickell and Orlando, Florida and San José, Costa Rica. Mr. Lara has
been at the forefront of the financial technology landscape in Latin America
since the formation of the Lara Group. He is a frequent speaker in industry
conferences in the region.
About Gopher Protocol Inc.
Gopher Protocol Inc. (OTCQB: GOPH) (“Gopher”) (http://gopherprotocol.com/) is a development-stage company which consider itself Native IoT
creator, developing Internet of Things (IoT) and Artificial
Intelligence enabled mobile technology.
Gopher has a portfolio of Intellectual Property that when commercialized
will include smart microchips, mobile application software and supporting cloud
software. The system contemplates the
creation of a global network. The core
of the system will be its advanced microchip technology that can be installed
in any mobile device worldwide. Gopher envisions this system as an internal,
private network between all enabled mobile devices providing shared processing,
advanced mobile database management/sharing and enhanced mobile features.
The Guardian Pet Tracker
(Sphere Internal name - the "Sphere") system is a derivative
technology of Gopher's Guardian Patch technology. The Sphere is designed to
provide its users with local tracking capability using a
re-chargeable/replaceable battery source. Gopher intends to release
pre-production units in limited test in the near future.
Forward-Looking
Statements
Certain statements contained in this press release may
constitute "forward-looking statements". Forward-looking
statements provide current expectations of future events based on certain
assumptions and include any statement that does not directly relate to any
historical or current fact. Actual results may differ materially from those
indicated by such forward-looking statements as a result of various important
factors as disclosed in our filings with the Securities and Exchange Commission
located at their website (http://www.sec.gov). In addition to these factors, actual future performance,
outcomes, and results may differ materially because of more general factors
including (without limitation) general industry and market conditions and
growth rates, economic conditions, governmental and public policy changes, the
Company’s ability to raise capital on acceptable terms, if at all, the
Company’s successful development of its products and the integration into its
existing products and the commercial acceptance of the Company’s
products. The forward-looking statements included in this press release
represent the Company's views as of the date of this press release and these
views could change. However, while the Company may elect to update these
forward-looking statements at some point in the future, the Company
specifically disclaims any obligation to do so. These forward-looking
statements should not be relied upon as representing the Company's views as of
any date subsequent to the date of the press release.
Contact:
Mansour Khatib, CEO
Gopher Protocol Inc.
VM Only 888-685-7336
Gopher Protocol Inc.
VM Only 888-685-7336
Gopher Protocol,
Inc. (OTCQB:GOPH) is a featured tech stock on
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Wednesday, May 30, 2018
#CryptoCorner; South Korean Court Orders Seizure of $1.4 Million of #Bitcoin, #Chinese President Praises #Blockchain and Poland’s #BitBay to Move to Malta
#CryptoCorner; South Korean Court Orders Seizure of $1.4 Million of
#Bitcoin, #Chinese President Praises
#Blockchain and Poland’s #BitBay to Move to Malta
Point Roberts, WA, Delta BC – May 30, 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.
Read this in full at http://www.investorideas.com/news/2018/crypto-corner/05301SouthKoreaChinaPoland.asp
South Korean Court Orders Seizure of $1.4 Million of Bitcoin, Chinese
President Praises Blockchain and Poland’s BitBay to Move to Malta
South Korea’s Supreme Court ruled in favour of the
forfeiture of roughly $1.4 billion USD worth of bitcoins in a “case of cyber
sex crime”. Yonhap News reports that the operator of a child pornography website has been
sentenced to 18 months in prison and must pay a penalty of 696 million won
($644,000 USD) in addition to the confiscation of bitcoins.
The ruling is significant as initially the seizure
of 191 bitcoins was contested by a lower court as they weren’t physical assets,
but was then overturned by the top court.
“The 33-year-old was charged in May
2014. A lower court refused the prosecution's request for the forfeiting of
Ahn's cyber assets, saying they exist electronically and have no physical form.
An appeals court reversed the ruling,
deciding that cryptocurrency can be seen as "profit earned from trade in
goods."”
Chinese President Xi Jinping expressed approval for blockchain technology in a speech at an academic
conference on Monday, naming it as part of a “new generation” of tech that is
leading a “breakthrough”.
“The new generation of information technology represented by artificial intelligence, quantum information, mobile communication, internet of things, and blockchain accelerate the breakthrough in application and bred new life science fields represented by synthetic biology, gene editing, brain science, and regenerative medicine.”
Poland’s largest cryptocurrency exchange, BitBay,
is moving to crypto haven Malta in response to being shut out by all Polish
banks. In an announcement yesterday, BitBay said that all functions of the exchange will be
available until May 31, 2018, and that users are encouraged to pick up with the
exchange once it moves.
“After
logging on account on bitbay.net webpage Users will be able to create their own
BitBay account in Malta. The exchange will be conducted by the new supplier on
Malta with usage of the same software as until now was used by BitBay exchange
in Poland, based on the domain bitbay.net and BitBay trademark.”
Sam Mowers, Investorideas
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/
Investorideas.com is a leader in Blockchain content
with its Bitcoin and Blockchain portals Bitcoinandblockchainstocks.com, Cryptocurrencyinvestorideas.com and Blockchaininvestorideas.com
Join our LinkedIn Group Blockchain
and Digital Currency Stocks and ICO's - Latest News and Commentary https://www.linkedin.com/groups/13560073
About Investorideas.com - News that Inspires Big Ideas
www.Investorideas.com is a meeting place for global
investors, featuring news, stock directories, video, podcasts, company
profiles, interviews and more in leading sectors. Sectors we cover include tech
(AI, drones, internet of things) , payments, crypto and blockchain, biotech,
mining, energy, renewable energy, water , marijuana and hemp stocks, food and beverage,
defense and security (biometrics/cyber) ,Latin America, sports, entertainment,
luxury brands and gaming.
Disclaimer/Disclosure: Investorideas.com is a digital
publisher of third party sourced news, articles and equity research as well as
creates original content, 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 disclaimer info: http://www.investorideas.com/About/Disclaimer.asp. Disclosure: this newsletter is sponsored content by
featured companies NXt-ID (NASDAQ: NXTD) on behalf of Flip More info: http://www.investorideas.com/About/News/Clientspecifics.asp
Cryptocurrency Disclaimer
Investorideas.com news content is not
meant to be a solicitation to buy or sell cryptocurrencies and
Investorideas.com does not directly sell cryptocurrencies; but acts as a news
and research resource for interested investors following the blockchain sector.
Copyright and ownership: Crypto
Corner is an Investorideas.com content brand
Contact Investorideas.com
800-665-0411
Tuesday, May 29, 2018
#CryptoCorner: South Korea to Lift #ICO Ban, Sygnia to Launch #Crypto Exchange, EOS to Set ICO Record Despite Security Concerns and ‘Catch Me if You Can’ Former Forger Predicts Big Things for #Blockchain
#CryptoCorner: South Korea to Lift #ICO
Ban, Sygnia to Launch #Crypto Exchange, EOS to Set ICO Record Despite Security
Concerns and ‘Catch Me if You Can’ Former Forger Predicts Big Things for #Blockchain
Point Roberts, WA, Delta BC – May 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.
Read this in full at http://www.investorideas.com/news/2018/crypto-corner/05291SouthKoreaSygniaEOS.asp
South Korea to Lift
ICO Ban, Sygnia to Launch Crypto Exchange, EOS to Set ICO Record Despite
Security Concerns and ‘Catch Me if You Can’ Former Forger Predicts Big Things
for Blockchain
A
report in BusinessKorea today
indicates that the country’s National Assembly is calling for a lift on the ban
of initial coin offerings (ICOs). The Assembly’s “special committee on the
fourth industrial revolution” held a general meeting on Monday, where they
proposed legislation and policy while accusing the administration of “neglecting its
duty in responding to blockchain application expansion”.
“The special committee on
the fourth industrial revolution said, “We need to form a task force including
private experts in order to improve transparency of cryptocurrency trading and
establish a healthy trade order. The administration also needs to consider
setting up a new committee and building governance systems at its level in a
bid to systematically make blockchain policy and efficiently provide industrial
support. We will also establish a legal basis for cryptocurrency trading,
including permission of ICOs, through the National Assembly Standing
Committee.””
South
Korean authorities had imposed a total ban on ICOs last September.
South
Africa’s Sygnia Asset Management, plans to launch a cryptocurrency exchange
called SygniaCoin in the third quarter of this year, according to a report on BusinessTech. Sygnia CEO Magda Wierzycka
made the announcement on Friday, saying:
“We have spent the past six months
actively researching a number of new strategic initiatives that will position
Sygnia for the evolving digital future, as well as help its new business
development and distribution efforts.”
Scheduled to end on June 1, 2018, the EOS
ICO is “on track to raise more than
$4 billion” USD according to the Wall Street Journal today. This would make EOS
creator Block.one’s ICO far and away the highest to date, dwarfing the former
highest Telegram ICO which reached $1.7 billion USD earlier this year. This
follows news that Chinese internet security company, Qihoo 360, had found major security
risks in the EOS blockchain platform.
CCN reports that Frank Abahnale, the security consultant and
former forger whose autobiography Catch
Me If You Can inspired the 2002 film of the same name, believes blockchain
technology adoption is a certainty. Speaking at the Blockchain Nation Miami Conference,
Abagnale said:
“I think you would have to be pretty
ignorant not to realise that blockchain is the way for the future, it is the
best way to secure information 100 percent, so I think you will see banks,
especially accounting practices and accounting firms, all move to the
blockchain, keeping records through blockchain. It will be the best way to do
so because you cannot break the blockchain, you cannot hack into the
blockchain, you can’t change anything in the blockchain.”
Sam Mowers, Investorideas
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/
Investorideas.com is a leader in Blockchain content
with its Bitcoin and Blockchain portals Bitcoinandblockchainstocks.com, Cryptocurrencyinvestorideas.com and Blockchaininvestorideas.com
Join our LinkedIn Group Blockchain
and Digital Currency Stocks and ICO's - Latest News and Commentary https://www.linkedin.com/groups/13560073
Disclaimer/Disclosure: Investorideas.com is a digital
publisher of third party sourced news, articles and equity research as well as
creates original content, 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 disclaimer info: http://www.investorideas.com/About/Disclaimer.asp. Disclosure: this newsletter is sponsored content by
featured companies NXt-ID (NASDAQ: NXTD) on behalf of Flip More info: http://www.investorideas.com/About/News/Clientspecifics.asp
Cryptocurrency Disclaimer
Investorideas.com news content is not
meant to be a solicitation to buy or sell cryptocurrencies and
Investorideas.com does not directly sell cryptocurrencies; but acts as a news
and research resource for interested investors following the blockchain sector.
Copyright and ownership: Crypto
Corner is an Investorideas.com content brand
Contact Investorideas.com
800-665-0411
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