#CryptoCorner: ( $NXTD) - Fit Pay's Flip #Bitcoin Payment Device @FlipToPay to Begin Shipping, Hacked Japanese Exchange Coincheck is Licensed, Indian Bank Orders Clients Not to Use Crypto and 5 New #Crypto ATMS Installed Each Day
January 11th #CryptoCorner and Podcast sponsored by Crypto payment tech, #Flip @FlipToPay ($NXTD) and Genesis Exchange and Wallet App @GenesisBlockch
Point Roberts, WA and Delta, BC - January 11, 2019 (Investorideas.com Newswire) Investorideas.com, a leader in crypto and blockchain investing news, in partnership with Fit Pay, Inc.'s (subsidiary of NXT-ID (NASDAQ: NXTD) crypto payment tech, Flip and the Genesis Exchange and Wallet App bring 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:
#CryptoCorner: ( $NXTD) - Fit Pay's Flip #Bitcoin Payment Device to Begin Shipping, Hacked Japanese Exchange Coincheck is Licensed, Indian Bank Orders Clients Not to Use Crypto and 5 New #Crypto ATMS Installed Each Day
Subscribe to Podcast RSS feed:
Fit Pay's Flip™ Bitcoin Payment Device to Begin Shipping, Hacked Japanese Exchange Coincheck is Licensed, Indian Bank Orders Clients Not to Use Crypto and 5 New Crypto ATMS Installed Each Day
Stocks discussed: (NasdaqCM:NXTD)
Fit Pay, Inc. a subsidiary of Nxt-ID, Inc. (NasdaqCM:NXTD) will begin shipping initial orders of Flip™, a new contactless payment device that enables Bitcoin holders to use the value of their currency to make contactless purchases at millions of retail locations. According to the press release, confirmed pre-orders of Flip will begin shipping on February 13. Flip utilizes a near field communication (NFC) antenna to allow transactions at any retail contactless payment point and stores a preloaded amount of U.S. dollars that are exchanged from the user's existing Bitcoin account. President of Fit Pay and COO of Nxt-ID, Michael Orlando commented:
"Flip bridges the gap between cryptocurrencies and traditional payments, providing Bitcoin holders the ability to use their value for everyday transactions. We are very pleased that the first Flip users will have their devices soon."
About a year after being notoriously hacked for $530 million USD, Japanese crypto exchange Coincheck has been granted a license, according to a statement released today. To get licensed, Coincheck affirmed that it has committed to improving security.
Since the hacking incident in January 2018 that caused illegal remittances of the cryptocurrency NEM, Coincheck has suspended certain services in order to focus on enhancing governance and internal controls by developing business improvement plans and carrying them out. In addition, supported by outside experts, Coincheck has worked on enhancing technical safety, and gradually resumed the services in which the technical safety had been confirmed.
CCN reports that some Indian banks are requiring customers to sign contracts stating that they will not use cryptocurrencies as part of their terms of service agreement. The source for this is Twitter user @DesiCryptoHodlr, or "Indian CryptoGirl", who posted a photo of a bank's terms and conditions outlining the stipulation regarding crypto.
"...I hereby declare that I will not deal with any transactions related to Crypto-currency including Bitcoins. I also understand and agree that the Bank reserves all right to close my account without further intimation in case I am found to undertake such transactions."
Data from Coin ATM Radar indicates that the rate of growth for new cryptocurrency ATMs installed each day is five. Elsewhere, data from the site shows that, despite the bearish market trends seen this year, the amount of crypto ATMs has more than doubled in the last year and there are now 4165 worldwide.
Sam Mowers, Investorideas
Read other editions of the Crypto Corner
Get the Crypto Corner News by email Get Crypto Corner News
Crypto Corner Sponsors:
Flip™ is the creation of Fit Pay, Inc., a leading provider of cutting edge payment technology and a subsidiary of NXT-ID (<NASDAQ: NXTD). By leveraging the FitPay Payment Platform™, Flip enables cryptocurrency holders to seamlessly exchange their cryptocurrency for US dollars and store that value on a contactless payment device that can be used to make purchases at millions of retail locations. https://www.fliptopay.com/
Genesis Exchange and Wallet App by Genesis Blockchain Technologies (GBT)
GBT is a powerful cryptocurrency centralized / decentralized exchange which will include a broad range of services and benefits from cryptocurrency and blockchain markets development, while avoiding complications and risks arising from crytocurrency ownership, transfer, and exchange. You can Download the Genesis Exchange and Wallet App at Google Play and on the Apple App Store. Learn more at http://www.mygenesis.io
More info on the sector:
Investor Ideas is positioning as a leader in blockchain and crypto content with its Bitcoin and Blockchain portals Bitcoinandblockchainstocks.com, Cryptocurrencyinvestorideas.com and Blockchaininvestorideas.com
For investors following the sector Investor Ideas has a comprehensive Bitcoin, Blockchain and Digital Currency Stocks Directory
Talk about the sector with other companies and investors- Join our LinkedIn Group Blockchain and Digital Currency Stocks and ICO's - Latest News and Commentary https://www.linkedin.com/groups/13560073
About Investorideas.com - News that Inspires Big Investing Ideas About Investorideas.com - News that Inspires Big Investing Ideas
Investorideas.com is a recognized news source publishing third party news and press releases plus we create original financial content. Learn about investing in stocks and sector trends from Investorideas.com with our news alerts, articles, podcasts and videos talking about cannabis, crypto, technology including AI and IoT, mining ,sports biotech, water, renewable energy and more. Investorideas.com original branded content includes the daily Crypto Corner and Podcast, 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 Podcast and the AI Eye Podcast and column covering developments in AI.
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 investment involves risk and possible loss of investment. This site is currently compensated for news publication and distribution, social media and marketing, content creation and more. Contact each company directly regarding content and press release questions. 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. More disclaimer info: http://www.investorideas.com/About/Disclaimer.asp. Disclosure: this newsletter and podcast is sponsored content by featured companies NXt-ID (NASDAQ: NXTD) on behalf of Flip and GBT Technologies . More info: http://www.investorideas.com/About/News/Clientspecifics.asp Learn more about Investor ideas podcast and news publication services and costs https://www.investorideas.com/News-Upload/
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
Learn more about our news, PR and social media services at Investorideas.com
Follow us on Twitter https://twitter.com/Investorideas
Follow us on Facebook https://www.facebook.com/Investorideas
Follow us on YouTube https://www.youtube.com/c/Investorideas