Investorideas.com breaking Bitcoin, blockchain and crypto stock news

Friday, November 1, 2019

#CryptoCorner: HIVE (TSXV: $HIVE.V) Appoints New Board Member, Long #Blockchain (OTC: $LBCC) Signs Intent to Merge with Stran Promotional Solutions and Telegram Debuts Test Desktop Wallet for Gram Token



#CryptoCorner: HIVE (TSXV: $HIVE.V) Appoints New Board Member, Long #Blockchain (OTC: $LBCC) Signs Intent to Merge with Stran Promotional Solutions and Telegram Debuts Test Desktop Wallet for Gram Token



Point Roberts, WA, Delta BC November 1, 2019 - Investorideas.com, a leader in crypto and blockchain investing news brings you today’s edition of the Crypto Corner podcast and commentary on what’s driving the cryptocurrency market .

Listen to today’s Crypto Corner Podcast:
 


Stocks discussed: (TYO:8473) (TSXV:HIVE) (OTC:LBCC)

SBI Holdings, Inc. (TYO:8473) released a report indicating its financial results in the six months ending on September 30, 2019. According to the report, SBI VC Trade – which includes the company’s crypto asset exchange – contributed a surge in profits to 3.246 billion yen (roughly $30 million USD) from a loss of 765 million yen ($7.1 million USD). An excerpt from the report reads:

“SBI VC Trade, which became a subsidiary of SBI SECURITIES from July of this year, has continued its steady performance, and SBI Crypto, which performs crypto-asset mining, has maintained its profitability. Other crypto asset-related businesses are in preparation, in anticipation of the revisions in the Financial Instruments and Exchange Act, and in the Payment Services Act, which are scheduled to be enacted in April 2020”

HIVE Blockchain Technologies Ltd. (TSXV:HIVE) has appointed Mr. Dave Perrill to its board of directors. According to the press release, “Perrill is the founder and CEO of Compute North, a rapidly growing data center company that offers low-cost and efficient infrastructure services for clients in the blockchain, cryptocurrency mining and the broader high-performance computing space”. Frank Holmes , HIVE's Interim Executive Chairman, commented:

"Mr. Perrill provides HIVE with significant expertise in helping cryptocurrency miners maximize large-scale data center operations with improved operational efficiency, a vast knowledge of the North American electrical power and cryptocurrency mining environment, as well as IT, information security, and business expertise. We are very pleased to welcome him to the Board and add to our independent industry experience."

Long Blockchain Corp. (OTC:LBCC) has entered into a non-binding letter of intent to merge with private comprehensive branding and incentive solutions-provider Stran Promotional Solutions. Andy Shape, CEO and a director of LBCC as well as the President of Stran, commented:

“We’re excited to expand Stran’s visibility through this proposed transaction. We bring more than 25 years of experience building strong partnerships, cutting-edge technology solutions and innovative custom branding programs that help our customers extend the loyalty of their brands. We see this transaction as an ideal platform for further growth opportunities for the Stran family – including our partners, customers, employees and current and future shareholders.”

Messaging company Telegram has debuted a test app desktop wallet for its gram token. According to a report from CoinDesk, users can “get testnet grams from a special Telegram bot, asking it to send from 5 to 20 tokens”. The TON blockchain project, which raised $1.7 billion via token sale, was due to launch on October 31, but was prevented when the U.S. Securities and Exchanges Commission (SEC) “deemed grams to be unregistered securities and asked the court to prevent Telegram from delivering tokens to investors”.

Sam Mowers, Investorideas

For investors following the sector Investor Ideas has a comprehensive Bitcoin, Blockchain and Digital Currency Stocks Directory

About Investorideas.com - News that Inspires Big Investing Ideas Investorideas.com is a recognized news source publishing third party news, research and original financial content. Learn about investing in stocks and sector trends with our news alerts, articles, podcasts and videos, looking at cannabis, crypto, AI and IoT, mining, sports biotech, water, renewable energy and more. Investor Idea’s original branded content includes the following podcasts and columns : Crypto Corner , Play by Play sports and stock news column, Investor Ideas Potcasts Cannabis News and Stocks on the Move podcast and column,  Cleantech and Climate Change , Exploring Mining  the AI Eye .


The Investorideas.com podcasts are also available on iTunes,  Spotify, Tunein, Stitcher, Spreaker.com, iHeartRadio and Google Play Music.

Visit the Podcast page at Investorideas.com:

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 investing involves risk and possible losses. This site is currently compensated for news publication and distribution, social media and marketing, content creation and more. 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. Contact management and IR of each company directly regarding specific questions.
More disclaimer info: https://www.investorideas.com/About/Disclaimer.asp Learn more about publishing your news release and our other news services on the Investorideas.com newswire https://www.investorideas.com/News-Upload/ and tickertagstocknews.com
Global investors must adhere to regulations of each country. Please read Investorideas.com privacy policy: https://www.investorideas.com/About/Private_Policy.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

Follow us on Twitter https://twitter.com/Investorideas
Download our Mobile App for iPhone and Android  

Contact Investorideas.com
800-665-0411



Get more Bitcoin and Blockchain Investor ideas  – news, articles, podcasts and stock directories 







No comments:

Post a Comment

Top 10 Most Traded Cryptos in September

Top 10 Most Traded Cryptos in September