#CryptoCorner #Podcast 660: #Stocks discussed: (TSXV: $CSTR.V) (CSE: $BCFN.C) (CSE: $GBLC.C)
#CryptoCorner #Podcast 660: #Stocks
discussed: (TSXV: $CSTR.V) (CSE: $BCFN.C) (CSE: $GBLC.C)
CryptoStar
Closes GPU and ASIC Purchase, Blockchain Foundry Launches Pilot for Digital
Asset Compliance Tool, and Graph Blockchain Acquires Optimum Coin Analyser
Point Roberts, WA, Delta BC August 25,
2021 - 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 cryptocurrency stocks and the crypto market.
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Stocks discussed: (TSXV:CSTR)
(CSE:BCFN) (CSE:GBLC)
CryptoStar Corp. (TSXV:CSTR) and an unnamed Hong Kong-based
firm have closed on the purchase and sale of GPU
and ASIC miners, which according to the press release, are “capable of a
minimum total hashrate of 25,950 MH/s and 5,510 TH/s respectively.” In the
original announcement for the two firms’ equipment
purchase agreement, CryptoStar President and CEO David Jellins had said:
"We
are delighted that the Vendor has selected CryptoStar as its preferred client
for the supply of this highly sought-after GPU and ASIC mining equipment. We
are looking forward to self-mining on a larger scale and we anticipate that
this will be the beginning of a long term and mutually beneficial
relationship."
Blockchain Foundry Inc. (CSE:BCFN) has launched an MVP pilot of its unique
digital asset compliance tool, Peregrine. Peregrine enables security token,
stablecoin, Central Bank Digital Currency (CBDC), NFT, and other digital asset
operators, “to apply custom rulesets to digital asset transactions, including
overlaying traditional financial compliance requirements onto token
ecosystems.” Blockchain Foundry’s CEO Dan Wasyluk, explained:
"Regulatory
frameworks are being introduced in many jurisdictions for digital assets and
cryptocurrency exchanges. Offering or trading digital assets outside of these
frameworks or without the appropriate exemptions can stop a digital asset
project before it starts. Peregrine offers a solution, an innovative tool that
provides on-chain pre-compliance, enhancing compliance for digital securities
transactions and helping users maintain compliance with relevant regulations.”
Graph Blockchain Inc. (CSE:GBLC) has completed its acquisition of Optimum Coin
Analyser Inc., an AI-based Crypto Coin Analytics tool company. The press
release describes Optimum as “a cloud-based discovery search engine
subscription model,” which, as such, “creates a recurring revenue platform for
Graph.” Graph Blockchain CEO Paul Haber, said:
"Our
stated objective with Optimum is to add data analysis for Graph to collect,
cleanse and analyze unstructured data that can help manage our altcoin
portfolio to make better decisions by pinpointing specific trends, risks and
opportunities. We are excited to be acquiring Optimum to add this component to
our business.”
Sam
Mowers, Investorideas
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