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Large Financial Institutions Adopt a New Approach to Cryptocurrencies

Retrieved on:

Thursday, October 7, 2021

Bitcoin, Avalon, Miner, CAN, Ohio, OTC, LLC, Bitmain, Good, Goal, Editorial, News, Running, Advertising, NYSE, OTCQB, OLB, Privacy, Company, ETF, Twitter, Mining, MNI - Market News, Digital, Marketing, Growth, Instagram, Contextual advertising, Disclosure, Privacy policy, Bias, Organization, Order, NASDAQ, Reuters, BIT, U.S. Bancorp, Agreement, Social media, ISW, Douglas Mawson, Use, Blockchain, Trust, Computer, Policy, Research, Financial News, Cryptocurrency, Renewable energy, Public relations

NEW YORK, Oct. 7, 2021 /PRNewswire/ -- This week has seen even more news regarding the acceptance of cryptocurrencies in the overall financial industry. U.S. Bancorp announced that it had launched a cryptocurrency custody service for institutional investment managers who have private funds in the United States and Cayman Islands. According to a report by Reuters, the fifth largest U.S. bank said Bitcoin-focused financial services firm NYDIG will act as a sub-custodian and the service will soon support cryptocurrencies besides Bitcoin as well. "Investor interest in cryptocurrency and demand from our fund services clients have grown strongly over the last few years," Gunjan Kedia, Vice Chair of the bank's Wealth Management and Investment Services said. ISW Holdings Inc. (OTC: ISWH), BIT Mining Limited (NYSE: BTCM), Canaan Inc. (NASDAQ: CAN), The OLB Group, Inc. (NASDAQ: OLB), Bit Digital, Inc. (NASDAQ: BTBT)

Key Points:

NEW YORK, Oct. 7, 2021 /PRNewswire/ -- This week has seen even more news regarding the acceptance of cryptocurrencies in the overall financial industry.
According to a report by Reuters , the fifth largest U.S. bank said Bitcoin-focused financial services firm NYDIG will act as a sub-custodian and the service will soon support cryptocurrencies besides Bitcoin as well.
The Company expects to have the first 20 MW of power paired with rigs and running full-out by October 2021.
FinancialBuzz.com only aggregates or regurgitates financial or corporate news through our unique financial newswire and media platform.

Crypto Miners Adapt to the Quickly Shifting Market Landscape

Retrieved on:

Wednesday, October 6, 2021

Nevertheless, cryptocurrency miners are adapting to the new conditions by moving to countries that are open to digital currencies and the related mining operations.

Key Points:

Nevertheless, cryptocurrency miners are adapting to the new conditions by moving to countries that are open to digital currencies and the related mining operations.
The schedule calls for having all 56k miners hooked up to all 200 MW of power and running full-out by October 2022.
ISW Holdings will provide funding, expertise, hosting services, mining services, access to power, and access to public market investors.
The Company is currently running 700 miners, representing a mix of Bitmain Antminer S17's, BitMain S19 95TH/ s's, and Canaan Avalons.

Crypto Miners Adapt to the Quickly Shifting Market Landscape

Retrieved on:

Wednesday, October 6, 2021

NEW YORK, Oct. 6, 2021 /PRNewswire/ -- The price of Bitcoin was once again above the USD 50,000 mark after Bank of America Corp. strategists announced support for crypto as a new asset class. As reported by Bloomberg, with its latest rally, Bitcoin has broken through two key resistance levels and is now trading at the higher end of its two-month-long consolidation range, according to a report from Arcane Research. The coin hovered around USD 45,000 for a while before finally breaking out. That means the USD 46,000 – USD 48,000 range is a strong support level and the coin could trade in that area for some time, the report said. ISW Holdings Inc. (OTC: ISWH), Riot Blockchain, Inc. (NASDAQ: RIOT), Hut 8 Mining Corp. (NASDAQ: HUT), SOS Limited (NYSE: SOS), Sphere 3D Corp. (NASDAQ: ANY)

Key Points:

Nevertheless, cryptocurrency miners are adapting to the new conditions by moving to countries that are open to digital currencies and the related mining operations.
The schedule calls for having all 56k miners hooked up to all 200 MW of power and running full-out by October 2022.
ISW Holdings will provide funding, expertise, hosting services, mining services, access to power, and access to public market investors.
The Company is currently running 700 miners, representing a mix of Bitmain Antminer S17's, BitMain S19 95TH/ s's, and Canaan Avalons.

Cryptocurrency Miners Look to Stave off Disruptions and Solidify Operations

Retrieved on:

Tuesday, October 5, 2021

The Company expects to have the first 20 MW of power paired with rigs and running full-out by October 2021.

Key Points:

The Company expects to have the first 20 MW of power paired with rigs and running full-out by October 2021.
The schedule calls for having all 56k miners hooked up to all 200 MW of power and running full-out by October 2022.
The Company is currently running 700 miners, representing a mix of Bitmain Antminer S17's, BitMain S19 95TH/ s's, and Canaan Avalons.
Headquartered in Sydney, Australia, Mawson is a global digital infrastructure provider with diversified operations across cryptocurrency mining and digital asset management.

Cryptocurrency Miners Look to Stave off Disruptions and Solidify Operations

Retrieved on:

Tuesday, October 5, 2021

NEW YORK, Oct. 5, 2021 /PRNewswire/ -- A cryptocurrency is a digital asset that utilizes computer code and blockchain technology to operate. It does so independently, without the need for a central party — be that a person, company, central bank or government — to manage the system. This year has been monumental for cryptocurrencies, from complex political developments to new technological innovations in blockchain. Politically, cryptocurrencies experienced some difficulties, like the crackdown on crypto miners by the Chinese government, as well as some progress like the widespread adoption of digital currencies across business as well as governmental institutions around the world. ISW Holdings Inc. (OTC: ISWH), Marathon Digital Holdings, Inc. (NASDAQ: MARA), HIVE Blockchain Technologies Ltd. (NASDAQ: HVBT), Canaan Inc. (NASDAQ: CAN), Hut 8 Mining Corp. (NASDAQ: HUT)

Key Points:

The Company expects to have the first 20 MW of power paired with rigs and running full-out by October 2021.
The schedule calls for having all 56k miners hooked up to all 200 MW of power and running full-out by October 2022.
The Company is currently running 700 miners, representing a mix of Bitmain Antminer S17's, BitMain S19 95TH/ s's, and Canaan Avalons.
Headquartered in Sydney, Australia, Mawson is a global digital infrastructure provider with diversified operations across cryptocurrency mining and digital asset management.

ISW Holdings Tops Milestones to Trigger Bonus $1.7 Million in Bitmain Miners

Retrieved on:

Thursday, September 30, 2021

Bitcoin, OTC, NASDAQ, Â, Miner, Company, UIA Mutual, Terminology, Mining, FINRA, OTC Markets Group, Judgement, Blockchain, ISW, Pennsylvania, GLOBE, Cryptocurrency

These 150 miners are supplemental to the 400 miners already paid for and received as part of the original Agreement.

Key Points:

These 150 miners are supplemental to the 400 miners already paid for and received as part of the original Agreement.
The Company leveraged its shares of Preferred B stock to purchase its initial tranche of 400 miners.
ISW Holdings complement of cutting-edge technologies has enhanced the bitcoin/cryptocurrency ecosystem, enabling its customers to take advantage of real-time cost savings.
Except as required by applicable law, ISW Holdings does not intend to update any of the forward-looking statements so as to conform these statements to actual results.

ISW Holdings Issues Update: Record Quarter in the Making, Mining Reaching Peak Efficiency, Hosting on Track for Fall Deployment

Retrieved on:

Wednesday, September 22, 2021

Performance, OTC, ISW, Mining, Corporate identity, Metric, Book, GLOBE, UIA Mutual, Terminology, FINRA, OTC Markets Group, Judgement, Blockchain, Cryptocurrency, Security (finance)

In addition, the Company anticipates a breakout record quarter for the three months ending September 30, 2021.

Key Points:

In addition, the Company anticipates a breakout record quarter for the three months ending September 30, 2021.
Management conducted site visits to its primary Southeastern US cryptocurrency mining hosting site earlier in the week.
As communicated in the Companys August 3 release, ISW Holdings has officially filed for a corporate name change to BlockQuarry Corp.
Investors should refer to the risks disclosed in the Company's reports filed from time to time with OTC Markets ( www.otcmarkets.com ).

A Growing Number of Major Companies Throw Their Weight Behind Cryptocurrencies

Retrieved on:

Wednesday, September 15, 2021

NEW YORK, Sept. 15, 2021 /PRNewswire/ -- Business and major corporations have become much more open to investing in blockchain and cryptocurrencies.

Key Points:

NEW YORK, Sept. 15, 2021 /PRNewswire/ -- Business and major corporations have become much more open to investing in blockchain and cryptocurrencies.
For example, according to data published by Blockdata, most major banks have invested in crypto and blockchain-related companies in 2021.
Out of the top 100 banks by assets under management, 55 have invested in cryptocurrency and/or blockchain-related companies, either directly or through subsidiaries.
The company's presentation may be accessed online starting at 7:00 am ET on September 13 using the link provided below.

A Growing Number of Major Companies Throw Their Weight Behind Cryptocurrencies

Retrieved on:

Wednesday, September 15, 2021

NEW YORK, Sept. 15, 2021 /PRNewswire/ -- Business and major corporations have become much more open to investing in blockchain and cryptocurrencies. Just last week, Mastercard announced that it has agreed to acquire the blockchain analytics start-up CipherTrace, in the latest sign of how major companies are warming to the technology. "Digital assets have the potential to reimagine commerce, from everyday acts like paying and getting paid to transforming economies, making them more inclusive and efficient," said Ajay Bhalla, President, Cyber & Intelligence at Mastercard. "With the rapid growth of the digital asset ecosystem comes the need to ensure it is trusted and safe. Our aim is to build upon the complementary capabilities of Mastercard and CipherTrace to do just this." Overall, the global blockchain market is expected to grow by USD 15.1 Billion by 2024, and at a CAGR of 69.3% according to Market Research Engine. ISW Holdings Inc. (OTC: ISWH), Marathon Digital Holdings, Inc. (NASDAQ: MARA), SOS Limited (NYSE: SOS), Bit Digital, Inc. (NASDAQ: BTBT), HIVE Blockchain Technologies Ltd. (NASDAQ: HVBT)

Key Points:

NEW YORK, Sept. 15, 2021 /PRNewswire/ -- Business and major corporations have become much more open to investing in blockchain and cryptocurrencies.
For example, according to data published by Blockdata, most major banks have invested in crypto and blockchain-related companies in 2021.
Out of the top 100 banks by assets under management, 55 have invested in cryptocurrency and/or blockchain-related companies, either directly or through subsidiaries.
The company's presentation may be accessed online starting at 7:00 am ET on September 13 using the link provided below.

Cryptocurrencies Ascend the Global Stage

Retrieved on:

Thursday, September 9, 2021

Overall, business and governments are gradually becoming more open to the use of cryptocurrencies.

Key Points:

Overall, business and governments are gradually becoming more open to the use of cryptocurrencies.
Many major corporations and financial institutions have since started to accept cryptocurrencies like Bitcoin as a viable option for payment.
In the future, we will focus on developing more mainstream cryptocurrency mining machines, and we are considering designing more mining chips compatible with multiple cryptocurrencies.
We have deep relationships Bitmain, MicroBT, and Canaan which are all top global manufacturers in our industry."