Draft:LibertyX

Bit Digital, Inc. Announces Management Changes

Retrieved on: 
Wednesday, February 3, 2021

NEW YORK, Feb. 3, 2021 /PRNewswire/ --Bit Digital, Inc. (Nasdaq: BTBT), (the "Company"), an emerging bitcoin mining company headquartered in New York announced today certain management changes.

Key Points: 
  • NEW YORK, Feb. 3, 2021 /PRNewswire/ --Bit Digital, Inc. (Nasdaq: BTBT), (the "Company"), an emerging bitcoin mining company headquartered in New York announced today certain management changes.
  • The Board removed Min Hu as Chief Executive Officer, as he was not participating in the Company's bitcoin mining operations.
  • Following a transition period, the consultants are expected to be announced as senior executives of Bit Digital.
  • This press release may contain certain "forward-looking statements" relating to the business of Bit Digital, Inc., and its subsidiary companies.

Mogo Introduces 1% Bitcoin Cashback Rewards

Retrieved on: 
Wednesday, January 20, 2021

Beginning this month, members will earn 1% bitcoin cashback rewards for every purchase made on their MogoCard.

Key Points: 
  • Beginning this month, members will earn 1% bitcoin cashback rewards for every purchase made on their MogoCard.
  • Their rewards will be deposited monthly in cash directly into their bitcoin and rewards account.
  • The 1% bitcoin cashback rewards program is available exclusively to members who refer a friend to Mogo.
  • Members can also easily buy and sell bitcoin 24/7 through the Mogo app, as well as participate in Mogos new bitcoin rewards program.

BOTS INC ACCELERATES DEVELOPMENT OF WORLD'S FIRST BITCOIN ATM CONSORTIUM AND UPDATES POTENTIAL REVENUE PROJECTIONS FOR 2021

Retrieved on: 
Monday, November 9, 2020

9,135,787 - "Bitcoin Kiosk / ATM Device and System Integrating Enrollment Protocol and Method of Using the Same."

Key Points: 
  • 9,135,787 - "Bitcoin Kiosk / ATM Device and System Integrating Enrollment Protocol and Method of Using the Same."
  • will be "standard-essential claims," which are critical for the Bitcoin ATM networks to operate.
  • All Bitcoin ATM manufacturing companies could be forced to use the patented technology to manufacture and sell their Bitcoin ATMs as well as companies and individuals that own and operate Bitcoin ATM networks locally and nationwide.
  • Similarly, Bitcoin ATM networks will link together Bitcoin ATMs in various locations, giving the customers of each operator greater access to their crypto accounts.

BOTS INC. Owns the Only USPTO Granted Patent for Bitcoin Kiosk/ATM

Retrieved on: 
Thursday, October 29, 2020

9,135,787 - Bitcoin Kiosk / ATM Device and System Integrating Enrollment Protocol and Method of Using the Same.

Key Points: 
  • 9,135,787 - Bitcoin Kiosk / ATM Device and System Integrating Enrollment Protocol and Method of Using the Same.
  • Known as the Bitcoin ATM patent this patent is related to the purchase and sale of cryptocurrencies utilizing a Bitcoin ATM or kiosk that allows customers to purchase Bitcoin or other cryptocurrencies by using cash, debit or credit cards.
  • Bitcoin ATMs do not require their users to have bank accounts, so customers can simply pay and instantly buy or sell Bitcoin or other cryptocurrencies.
  • The United States still houses a significant percentage of all the Bitcoin ATMs installed globally.

LibertyX adds the ability to sell bitcoin for cash at thousands of ATMs nationwide

Retrieved on: 
Monday, October 26, 2020

Today, we are pleased to announce the ability to sell bitcoin and withdraw cash across our network of participating ATMs.

Key Points: 
  • Today, we are pleased to announce the ability to sell bitcoin and withdraw cash across our network of participating ATMs.
  • There are almost 15,000 bitcoin ATMs across the U.S., but fewer than 2,000 allow consumers to sell bitcoin for cash.
  • Our 'cash-out' product deployed across 5,000 ATMs triples the number of bitcoin ATMs where consumers can sell bitcoin furthering our mission of putting bitcoin on every block.
  • LibertyX partners with independent ATM operators who own and manage over 100,000 ATMs in the U.S. A simple and free software update from LibertyX adds the ability to both buy and sell bitcoin to existing ATMs.

DigitalMint Launches Bitcoin Point-of-Sale Partnership with Answers, Etc.

Retrieved on: 
Monday, July 20, 2020

CHICAGO, July 20, 2020 /PRNewswire/ -- DigitalMint , a leading Bitcoin point-of-sale provider in the nation, today announced a partnership with Answers, Etc.

Key Points: 
  • CHICAGO, July 20, 2020 /PRNewswire/ -- DigitalMint , a leading Bitcoin point-of-sale provider in the nation, today announced a partnership with Answers, Etc.
  • As the leading Bitcoin point-of-sale provider in the nation, DigitalMint allows customers to buy cryptocurrency instantly at ATM and teller locations across the United States.
  • is excited about our partnership with DigitalMint, one of the premier cryptocurrency services in the industry," said Todd Pebles, Director of Business Development of Answers, Etc.
  • DigitalMint, a Chicago-based cryptocurrency provider, founded in 2014, enables consumers to purchase Bitcoin through physical kiosks and teller windows.