Currency

Graystone Company Announces It's Exploring Launching A Turn-Key Bitcoin Mining Solution Through Tokenization of Terrahash

Cryptocurrencies, Payment systems, Digital currencies, Bitcoin, Currency, Exonumia
Tuesday, July 27, 2021 - 1:00pm

FORT LAUDERDALE, Fla., July 27, 2021 /PRNewswire/ -- The Graystone Company, Inc. (OTC: GYST) announced today that it is exploring opportunities in the high demand market of turn-key Bitcoin mining solutions.

Key Points: 
  • FORT LAUDERDALE, Fla., July 27, 2021 /PRNewswire/ -- The Graystone Company, Inc. (OTC: GYST) announced today that it is exploring opportunities in the high demand market of turn-key Bitcoin mining solutions.
  • The Company is looking at creating a platform that would allow individuals to acquire terrahash (TH/s) in per unit increments of 0.10 TH/s (a "TH/s Unit").
  • This simple turn-key solution would enable individuals to mine Bitcoin through an audited, United States Securities and Exchange Commission qualified offering with independently audited annual financial reports.
  • Graystone Company operates two divisions: A Bitcoin BTC mining operation and a Wellness, Longevity and Anti-Aging product line.

Annual Foreign Investment in U.S. Existing-Home Sales Falls 27% to $54.4 Billion, Lowest Level in a Decade

Foreign exchange market, Currency, Dollar coin, Hong Kong dollar
Monday, July 26, 2021 - 3:00pm

China, Canada, India, Mexico and the United Kingdom were the top five countries of origin by U.S. residential sales dollar volume.

Key Points: 
  • China, Canada, India, Mexico and the United Kingdom were the top five countries of origin by U.S. residential sales dollar volume.
  • The annual dollar volume for foreign buyers from China, Canada and Mexico all dropped by at least 50%.
  • The top U.S. destinations for foreign buyers were Florida, California, Texas, Arizona, New Jersey and New York.
  • The dollar and sales volumes are the lowest since 2011, when those figures were $66.4 billion and 210,800 properties, respectively.

Investview (“INVU”) Announces Strong Monthly Gross Revenue and Net Income for June 2021, Contributing to the Highest Quarterly Gross Revenue and Net Income in the Company’s History

Payment systems, Bitcoin, Cryptocurrencies, Digital currencies, Currency, Exonumia
Monday, July 26, 2021 - 1:00pm

Eatontown, NJ, July 26, 2021 (GLOBE NEWSWIRE) -- Investview, Inc. (OTCQB: INVU), a diversified financial technology company that through its subsidiaries and global distribution network provides financial technology, education tools, content, research, and management of digital asset technologies with a focus on Bitcoin mining and the new generation of digital assets, is pleased to announce strong combined gross revenue and net income for the month of June, contributing to a record breaking quarter of gross revenue and net income from its product sales and Bitcoin mining business segments.

Key Points: 
  • Investview Continues Strong Monthly Results: June 2021 Gross Revenue Growth of 578% year-over-year to $12.9 million and Net Income Growth of 237% year-over-year to $3.0 million.
  • Our subscription business is healthier than ever, with subscriptions in June 2021 up 283% over the same period last year.
  • We have also diversified our revenue beyond our subscription products, including offering our members access to NDAU, the worlds first adaptive digital currency.
  • SAFETek, our leading Bitcoin mining subsidiary also posted strong results in June 2021with Bitcoin Mining Gross Revenue up 258% year-over-year.

BlockQuake™ Exchange Launches Globally

Cryptocurrencies, Decentralization, Financial technology, Uberisation, Stablecoin, Currency, Exchange, Articles, Economy, Draft:Phemex, Draft:Paribu
Monday, July 26, 2021 - 1:33pm

Open to both institutions and individuals, the BlockQuake Exchange supports corporate entities, trusts, and retirement accounts.

Key Points: 
  • Open to both institutions and individuals, the BlockQuake Exchange supports corporate entities, trusts, and retirement accounts.
  • Initially, the BlockQuake Exchange will offer USD and major cryptocurrencies and stable coins that include BTC, ETH, LTC, and USDT.
  • BlockQuake also offers its own token, QuakeCoin, an ST-20 token built on the Polymath platform that will only be available on its exchange.
  • Some trading restrictions for The BlockQuake Exchange may apply based on a trader's jurisdiction of residence.

BitBase launches its own token internationally

Bitcoin, Payment systems, Money, Digital currencies, Cryptocurrencies, Finance, Currency, Automated teller machine, Legality of bitcoin by country or territory, Economics of bitcoin
Monday, July 26, 2021 - 1:41pm

Its total issuance will be 100 million BTBS, without the possibility of being increased.

Key Points: 
  • Its total issuance will be 100 million BTBS, without the possibility of being increased.
  • In fact, it is already the firm with the most Bitcoin ATMs and other digital currencies in Spain and the fourth in Europe.
  • "Unlike other projects, our strategy has been to first build a profitable business with a recurring customer base, to now launch our currency and expand internationally by involving users in our expansion."
  • Our goal is to transmit them and incorporate them into the lives of all those who want to evolve."

Bit Digital and Digihost Announce Expansion of Strategic Collaboration to Further Increase Combined Hashrates by 2 EH

Cryptocurrencies, Payment systems, Bitcoin, Blockchains, Digital currencies, Concurrent computing, Currency, Ethereum
Monday, July 26, 2021 - 12:00pm

This agreement with Digihost secures a key component of activating this opportunity, and is expected to enable rapid deployment of newly purchased miners.

Key Points: 
  • This agreement with Digihost secures a key component of activating this opportunity, and is expected to enable rapid deployment of newly purchased miners.
  • We are delighted to build on our existing collaboration with Digihost, and look forward to continued successes together."
  • Bit Digital, Inc. is a bitcoin mining company with one of the largest currently-owned fleets among US-listed bitcoin miners at over 1.9 EH.
  • This press release may contain certain "forward-looking statements" relating to the business of Bit Digital, Inc., and its subsidiary companies.

MainStreet Bancshares, Inc. Appoints Rafael E. DeLeon to Board of Directors

DeLeon
Friday, July 23, 2021 - 1:29pm

"I'm Happy to be joining MainStreet Bank and see it as a capstone in my career" Rafael E. DeLeon

Key Points: 
  • "I'm Happy to be joining MainStreet Bank and see it as a capstone in my career" Rafael E. DeLeon
    Rafael E. DeLeon is currently a senior vice president of industry engagement for Ncontracts.
  • Mr. DeLeon has worked as the examiner-in-charge for community bank examinations and regularly assisted in midsize and large bank examinations.
  • He resides in Washington, D.C.
    "We are thrilled that Mr. DeLeon is joining the board," said Jeff W. Dick , Chairman & CEO of MainStreet Bancshares, Inc. and MainStreet Bank.
  • "I'm happy to be joining MainStreet Bank and see it as a capstone in my career," said Mr. DeLeon.

Vicor Corporation Reports Results for the Second Quarter Ended June 30, 2021

Vicor Corporation, United States dollar, Currency, Economies
Thursday, July 22, 2021 - 9:05pm

ANDOVER, Mass., July 22, 2021 (GLOBE NEWSWIRE) -- Vicor Corporation (NASDAQ: VICR) today reported financial results for the second quarter ended June 30, 2021.

Key Points: 
  • ANDOVER, Mass., July 22, 2021 (GLOBE NEWSWIRE) -- Vicor Corporation (NASDAQ: VICR) today reported financial results for the second quarter ended June 30, 2021.
  • Revenues for the second quarter ended June 30, 2021 totaled $95.4 million, a 34.8% increase from $70.8 million for the corresponding period a year ago, and a 7.4% sequential increase from $88.8 million in the first quarter of 2021.
  • Gross margin increased to $49.9 million for the second quarter of 2021, compared to $30.3 million for the corresponding period a year ago, and increased sequentially from $44.7 million for the first quarter of 2021.
  • Gross margin, as a percentage of revenue, increased to 52.3% for the second quarter of 2021, compared to 42.8% for the corresponding period a year ago, and increased from 50.3% for the first quarter of 2021.

IAMGOLD Provides Preliminary Operating Results for the Second Quarter 2021, Updates Production and Costs Guidance for 2021 and Costs Estimate for Its Côté Gold Project

Foreign exchange market, Money, Financial markets, Finance, Market risk, Foreign exchange reserves, Currency, Hedge, Exchange rate
Thursday, July 22, 2021 - 12:00pm

The Company has implemented a hedge program which includes CAD:USD exchange rate hedging which will be described in greater detail in the Company's second quarter results.

Key Points: 
  • The Company has implemented a hedge program which includes CAD:USD exchange rate hedging which will be described in greater detail in the Company's second quarter results.
  • Previously $120 million at a CAD:USD exchange rate of $1.30 (see news release dated May 3, 2021).
  • The project costs range increase includes new contingency amounts for the remaining expenditures estimate.
  • Additional details regarding the second quarter operating and financial results as well as the progress of activities at Ct will be provided when the Company discloses its second quarter financial results after market hours on Wednesday, August 4th, 2021.

Next Earth Token proposal with 5k BNT co-investment goes live on Bancor – Voting soon

Cryptocurrencies, Bancor, Ethereum, Currency, Payment systems, Economy
Thursday, July 22, 2021 - 1:35pm

The proposal to whitelist Next Earth Token with a co-investment of 5,000 BNT will likely slide through the scrutiny as there are no known security and legitimacy concerns related to the project.

Key Points: 
  • The proposal to whitelist Next Earth Token with a co-investment of 5,000 BNT will likely slide through the scrutiny as there are no known security and legitimacy concerns related to the project.
  • The voting will take place when the Next Earth Token goes live.
  • The liquidity proposal on Bancor is an ideal start for the Next Earth project aiming to make its mark in the fast-rising metaverse arena.
  • The native token of Next Earth , NXTT, is an ERC-20 wrapped token that will power the next Earth ecosystem's transactions.