Thursday, May 30, 2019

#CryptoCorner: Australian Regulator Issues New #Crypto and ICO Guidelines, Binance Partners with Cred, Russia’s Sberbank Suspends Crypto Plans

#CryptoCorner: Australian Regulator Issues New #Crypto and ICO Guidelines, Binance Partners with Cred, Russia’s Sberbank Suspends Crypto Plans




Point Roberts, WA, Delta BC May 30, 2019 -  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 .

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May 30 Crypto Corner

The Australian Securities and Investments Commission (ASIC) has released a new set of guidelines governing ICOs and cryptocurrencies. The framework – which is called INFO 225 – covers a range of businesses operating in the crypto space, ranging from token issuers, trading platforms, mining, transaction processors and wallet providers. The following excerpt from INFO 225 clarifies that it is not an exhaustive information sheet, and that additional laws from other regulatory bodies may also apply.

INFO 225 also refers to the Australian Consumer Law. However, it does not cover Australian legislation administered by other regulators who oversee ICOs and crypto-assets – such as the Australian Transaction Reports and Analysis Centre (AUSTRAC) and the Australian Taxation Office (ATO).

Crypto exchange giant Binance has partnered with crypto lending and borrowing company Cred. Part of the relationship will see Cred migrating some of its ERC20 LBA tokens to Binance Chain, becoming the official lending and borrowing provider for the decentralized ecosystem. Ted Lin, Chief Growth Officer of Binance, said:

“We are delighted to be working with Cred to help scale their efforts to more markets and users around the world through the power of the Binance Chain, which has a one-second block time and will ensure transactions and interactions by Cred’s users will be fast, efficient and effortless.”

Russian outlet TASS reports that that country’s largest bank, Sberbank, has suspended plans to work with cryptocurrency following the central bank’s negative stance. Sberbank Vice President Andrei Shemetov told reporters:

"Regarding cryptocurrency, we waited for legislation that allows you to trade cryptocurrency. Since the regulator is currently looking negative, we decided to suspend this cryptocurrency plan.”

The Egypt Independent reports that the Central Bank of Egypt (CBE) is drafting a new law that may allow licensed crypto business operations which were previously banned in the country. According to the article:

“…the new law provides legal authority for the electronic authentication of bank transactions, electronic payment orders, and transfer orders as well as for the electronic settlement of checks and the issuance and circulation of electronic checks and electronic discount orders, provided that Board of Directors of CBE issue rules and procedures regulating all the aforementioned actions.”


Sam Mowers, Investorideas

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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)
@GenesisBlockch  , @GbtTechnologies
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



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#Bitcoin News -Integrated Ventures (OTCQB: $INTV) Restarts Purchasing Mining Equipment from Bitmain Technologies as Bitcoin Prepares To Reach $9,000 Level @IntVentures


#Bitcoin News -Integrated Ventures (OTCQB: $INTV) Restarts Purchasing Mining Equipment from Bitmain Technologies as Bitcoin Prepares To Reach $9,000 Level @IntVentures



Huntingdon Valley, PA -  May 30, 2019 – (Investorideas.com Newswire) Integrated Ventures Inc, (OTCQB: INTV) (“Company”) is pleased to announce an execution of multiple purchase orders of mining equipment with Bitmain Technologies.  

An initial purchase order of 40 units (Antminer S9J) was funded on 05/24/2019. Additional orders are ready to be funded upon confirmation from manufacturer, in regards of equipment being available for sale.

In next 30 days, the Company plans to purchase an additional 250 units from Bitmain Technologies, pending confirmation from manufacturer, in regards of equipment being available.




The Company has decided to restart purchasing of mining equipment due to:
  • decrease in power and general operating costs
  • improved profitability of mining equipment
  • steady recovery of the cryptocurrency markets  
  • positive legal and compliance environment
  • increase in the business activity by major financial institutions


Steve Rubakh, CEO of Integrated Ventures, adds: “Due to the recent strength in crypto markets, the Company has initiated equipment purchases from Bitmain Technologies. Initial order was for 40 units, mainly due to the volume limitations placed by the manufacturer. The Company intends to purchase mining equipment, on bi-weekly basis, using existing cash flow. We believe that current shareholders will be very pleased with status of our progress at NY facility. Moving forward, the Company is very confident of further revenue and profitability growth and potential for the business expansion opportunities going forward”.

About Integrated Ventures Inc: The Company operates as Technology Holdings Company with focus on cryptocurrency sector. For more information, please visit company's website at www.integratedventuresinc.com.

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The information posted in this release may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. You can identify these statements by use of the words "may," "will," "should," "plans," "explores," "expects," "anticipates," "continue," "estimate," "project," "intend," and similar expressions. Forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from those projected or anticipated. These risks and uncertainties include, but are not limited to, general economic and business conditions, effects of continued geopolitical unrest and regional conflicts, competition, changes in technology and methods of marketing, and various other factors beyond the company's control.

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African #Gold #Mining Landscape Posturing for Changing Future; Players in the Game (CSE: $ZBR.C) (OTC: $ZNZBF) (NYSE: $GOLD) (TSX: $ABX.TO) (NYSE: $AU) (NYSE: $TRX)

African #Gold #Mining Landscape Posturing for Changing Future; Players in the Game (CSE: $ZBR.C) (OTC: $ZNZBF) (NYSE: $GOLD) (TSX: $ABX.TO) (NYSE: $AU) (NYSE: $TRX)



Point Roberts WA, Delta BC – May 30, 2019 - Investorideas.com, a global investor news source covering mining stocks releases a snapshot looking at the recent developments in the African Gold mining sector, specifically in Tanzania.

In Tanzania, revenues from the country's mineral resources are on the rise, thanks to government efforts to curb smuggling and strengthen the Mining Commission's capacity.
The March 2017 government’s decision to ban the export of mineral concentrates has led to increased mineral production and exports, and by March this year, the country had earned nearly $244 billion from minerals, representing 78.63 percent of the year's $310 billion collection target.
Minerals Minister, Doto Biteko, tabling the ministry's budget estimates for the 2019/2020 fiscal year, told the National Assembly that out of the collected amount, $223.5 billion, which is 72 percent of total collections, was from royalties and inspection fees.
The remaining 20.5 billion, he said, was from other sources of revenues, including annual fee and geological survey fees. Minister Biteko assured that by the end of this fiscal year on June 30, the ministry will meet the collection target.
Zanzibar Gold Inc. (CSE: ZBR) (OTC: ZNZBF), a junior mineral exploration company, that engages in the acquisition, exploration and development of natural resource properties in Canada and Tanzania recently reported that its consultants have initiated their exploration evaluation of the Mkuvia Gold Property in the Nachengwea area of southern Tanzania.

The Mkuvia property has had small scale local placer operators mining gold from the property since 2005. In 2009, a 43-101 Compliant Reserve report was calculated on the central portion of the main gold producing area which outlined an inferred reserve 6 million grams of gold.

The initial assessment is to determine that the identified reserve is intact, and the purity of the gold being recovered. A field visit to the property and the collection of the alluvial gold for analysis is being completed by the report’s original author.

“This work will determine how much of a gold bullion inventory can be established for the company by a low cost placer operation,” Company President S.A. Farrage outlined, “As well as enabling the company to evaluate other gold prospects in the region.”

Tanzania has moved from an insignificant gold producing country in the last century to a 50 tonne per year producer in the early part of the 21st century with AngloGold Ashanti’s Geita Gold mine (7 million ounces produced since 2000 with reserves estimated at 7.7 million ounces) and Acacia’s (Barrick gold) Buylanhulu (initial reserves 17 million ounces) as the forefront operations.

Tanzania as a country seems well aware of the increased gold mining interest and has begun picking and choosing its partners having recently announced it will no longer allow Acacia Mining Plc to manage its mines in the country and will only work with the company’s parent, Barrick Gold Corp. (NYSE:GOLD) (TSX:ABX), to resolve a two-year impasse that has stymied operations.
“We will no longer work with Acacia,” Hassan Abbasi said Tuesday by phone. “Under no circumstances can Acacia be a party to the agreements, or have any role in the operation or management of the Barrick mining subsidiaries in Tanzania. The ball is now in Barrick’s court.”
Acacia has been at odds with Tanzania’s government since July 2017, when the state handed the London-listed gold producer a $190 billion tax bill, saying it under-declared bullion exports. Barrick has since led discussions with the government and, in an effort to solve the impasse, surprised the market last week with an informal plan to buy out Acacia’s minority shareholders.
Abbasi said the government of Tanzania will continue to try to resolve the dispute based on a previous tentative agreement with Barrick.
“The initial agreement that we reached with Barrick in October 2017 is the one that is guiding the negotiations,” Abbasi said.
In a 2017 meeting between Tanzania’s President, John Magufuli and Barrick Executive Chairman John Thornton, it was tentatively agreed that Acacia would pay $300 million to the government to settle tax claims and would split future returns from operations with the country. At the time, Acacia criticized the move and blamed Barrick for its worsening relationship with Tanzania after Thornton took over negotiations.
Last week, Barrick said the government of Tanzania had made clear it won’t negotiate a settlement with Acacia. Barrick Chief Executive Officer Mark Bristow has repeatedly spoken about the breakdown of the relationship between the two companies, and between Acacia and the government.
President Magufuli has vowed to secure more revenue from the country’s resources. His government is targeting boosting income from minerals by half in the 2019-20 fiscal year to 470.9 billion shillings ($205.1 million), according to the Mines Ministry.
While some are looking at new prospects in African Gold mining, others like AngloGold Ashanti (NYSE: AUrecently announced that it was embarking on a process to review divestment options for its remaining South African assets. This process will consider all ownership options, with a view to maximizing the value and future prospects of these assets. This is in line with AngloGold Ashanti’s ongoing review of its portfolio and a disciplined approach to allocation of capital and other resources to ensure it generates maximum value for all its stakeholders.
AngloGold Ashanti has dedicated significant time and resources over the past few years to restructure its South African operating portfolio into a more focused business with enhanced operating and financial metrics. The successful completion of the restructuring has resulted in this portfolio comprising a single underground mine, Mponeng, a surface rock dump processing business and a mine waste retreatment operation, Mine Waste Solutions. These assets are now better positioned for the future, with the potential for further enhanced production growth, profitability and free cash generation from the significant remaining ore reserve base of 16.8 million ounces.
Mponeng is ramping up production from the Below 120 Level project, which is expected to give it a lifespan of around eight years, with improved margins from anticipated higher grades within this new mine area. In the medium term (starting in around two years), Mponeng will require additional capital investment to further extend its life and to realize the full potential of this operation. 
“We believe that under the right ownership, our South African assets offer a compelling long term value proposition that may allow for an extension to Mponeng Mine’s current life,” Chief Executive Officer Kelvin Dushnisky said. “The investment to extend Mponeng’s life beyond eight years has very strong competition for capital and other scarce resources from a host of other projects in our portfolio, which at current planning assumptions are more attractive, generating higher returns and quicker payback periods - we have therefore decided to review divestment options for our South African business.”
This process is at an early stage and may not ultimately result in any change to the ownership of the South African business. AngloGold Ashanti’s priority is to ensure that the process is conducted with the appropriate thoroughness to ensure the best possible outcome for all stakeholders.
Tanzanian Gold Corporation (TSX: TNX) (NYSE:TRXannounced the first set of assay results from its deep level diamond core drilling program at the Buckreef Project, aimed at better defining potential mineralized zones below the open pit as reported and published in the June 2018 Pre-Feasibility 43-101 Technical Report. Infill drilling within the open pit is continuing, highlights from which will also be announced.
Assay results for a third mineralized zone at depths below 450m are expected soon from the assay lab. The drill-hole was drilled to a depth of 555 meters, one (1) meter is equal to 3.2808 feet for a total depth of 1,820 feet, all diamond core.
Mr. Jim Sinclair, Chairman (TRX) commented, “We are pleased with the first results from our deeper drilling below the open pit using core drilling to better define more robust mineralized zones that may extend below the pit bottom." Mr. Sinclair also noted, "Our in-fill drilling program in the open pit area has passed the mid-point of planned drilling, and, I believe, that the results will help move Inferred Resources into the Measured and Indicated categories."
A recent CNBC article discussed how gold has had some of its best days in nearly three months, due to market turmoil triggered by China announcing that it will retaliate over levies imposed by the Trump administration.
This rise in gold stocks, as well as new government regulations in the African mining community could bring renewed interest into the region, and the companies already looking for new opportunities in growing production regions like Tanzania may benefit from this recent gold surge.
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Wednesday, May 29, 2019

The #AIEye: AWS (Nasdaq: $AMZN) Teams with Emirates NBD to Streamline Banking Services with AI and ML and Avnet (Nasdaq: $AVT) Adds #AI and #IoT Development to Ultra96 Platform


The #AIEye: AWS (Nasdaq: $AMZN) Teams with Emirates NBD to Streamline Banking Services with AI and ML and Avnet (Nasdaq: $AVT) Adds #AI and #IoT Development to Ultra96 Platform

Machine Learning as a Service Market to See 38.4% CAGR from 2017-2025



Point Roberts WA, Vancouver BC – May 29, 2019  – Investorideas.com (www.investorideas.com), a global investor news source covering Artificial Intelligence (AI) brings you today’s edition of  The AI Eye-  watching stock news, deal tracker and advancements in artificial intelligence.

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Today’s Column- The AI Eye- Watching stock news, deal tracker and advancements in artificial intelligence

Stocks discussed: (Nasdaq:AMZN) (Nasdaq:AVT)

Amazon Web Services (AWS), a subsidiary of Amazon.com (NasdaqGS:AMZN), is collaborating with Middle East banking giant Emirates NBD to leverage AI and machine learning with the aim of improving banking services and customer experience. Andy Isherwood, Managing Director, Amazon Web Services EMEA, said:

“Across every industry, companies are starting to meaningfully use machine learning in their businesses, and AWS offers the broadest and deepest portfolio of machine learning services to help them solve some of their biggest challenges. We are excited to see how these technologies are helping transform the financial services industry in the Middle East and around the world.”

Avnet, Inc. (NasdaqGS:AVT) has added AI and IoT developing capabilities to its Ultra96 development board. Jim Beneke, vice president, products and emerging technologies at Avnet, explained:

“At Avnet, we’re committed to helping developers bring their designs to life by providing accessible resources throughout every stage of the product development lifecycle, but especially during the early and critical prototyping stage. Together with Hackster.io, our technical training courses will help engineers tap into both the software and hardware capabilities of the Ultra96 boards. And with our new mezzanine card, we’re providing another easy-to-use opportunity to reduce the complexity, time and risk of bringing new IoT and AI projects to life.”

Machine Learning as a Service Market to See 38.4% CAGR from 2017-2025

A report from Transparency Market Research finds that the global machine learning as a service (MLaaS) market is projected to exhibited a compound annual growth rate (CAGR) of 38.4 percent from 2017 to 2025. An excerpt from the report summary reads:
Owing to the rapid technological advancements and the stronger need to understand the behavior of customer, the machine learning as a service market is expected to witness an exponential boom in the years to come. Machine learning as a service is a span of services that provides tools for machine learning as a part of cloud computing services. The providers of machine learning for service offers various tools such as API, natural language processing, data visualization, deep learning and predictive analytics. Generally, Machine Learning is an Artificial Intelligence programmed application. Major factors boosting the growth of the machine learning as a service market are the adoption of cloud based technologies and technological advancements into the computing world. Moreover, the increase in demand for understanding customer behavior in terms of machine learning is also propelling the market.

Sam Mowers, Investorideas.com


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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. 
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#CryptoCorner: Coinfloor Joins with Enumis to Bring Banking to #Crypto Firms, Bitfury Partners with Mphasis to Streamline Financial Services in Trade, Barclays (NYSE: $BCS) Leads $5.5 Million Funding Round for #Blockchain Company Crowdz

#CryptoCorner: Coinfloor Joins with Enumis to Bring Banking to #Crypto Firms, Bitfury Partners with Mphasis to Streamline Financial Services in Trade, Barclays (NYSE: $BCS) Leads $5.5 Million Funding Round for #Blockchain Company Crowdz



Point Roberts WA, Delta BC, May 29, 2019 -  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:   https://www.investorideas.com/Audio/Podcasts/2019/052919-CryptoMarket.mp3



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May 29 Crypto Corner

Stocks discussed: (NYSE:BCS)

UK crypto exchange Coinfloor has joined electronic money institution (EMI) Enumis to bring banking to crypto firms, according to a report from CoinDesk. Coinfloor will receive payment from Enumis for referring said firms, provided they are successful in securing banking services. Obi Nwosu, CEO, Coinfloor, said:

“Being insiders in the crypto space we are aware of crypto companies operating as good and compliant custodians and so now we will vet and review these and recommend them to Enumis for onboarding. I think ‘brokering’ is technically the wrong word, but we are working in partnership with Enumis and introducing clients to the offering.”

Blockchain technology company Bitfury and IT solutions provider Mphasis have announced a strategic partnership to automate and streamline financial services surrounding global trade. Using tokenization, the companies aim to increase the speed of settlements and increase flexibility in liquidity management for financial institutions. Valery Vavilov, Chief Executive Officer of Bitfury, commented:

“Bitfury is pleased to partner with Mphasis to improve fragmented financial systems, helping to make global trade more efficient. Using blockchain technology, we will create interoperable systems that deliver the highest degrees of trust, transparency and security to this industry.”

Blockchain-based invoicing firm Crowdz has raised $5.5 million in a series A funding round led by Barclays Bank (NYSE:BCS) and investment firm BOLD Capital Partners. The Crowdz technology enables clients to bring greaters efficiency to invoicing and payment collection. Payson E. Johnston, co-founder and CEO of Crowdz, said:

"While companies of all sizes can benefit greatly from our global Invoice Exchange, we founded Crowdz with the goal of ensuring that all small and midsize enterprises (SMEs) in particular have access to the cashflow they need in order to survive and grow. Unfortunately, millions of these companies - which account for 75% of global B2B commerce and which need invoice financing the most - have long been excluded from the market. We are pleased to have Barclays and Bold as our strategic partners as we accelerate this journey."

Jens Weidmann, the president of Germany’s Bundesbank – the country’s central bank – has warned against the use of digital currencies, according to a report from Reuters. Weidmann, who is on the European Central Bank’s Governing Council, cautioned that “easy access to digital money could exacerbate bank runs in times of crises, leading to a faster collapse of lenders” and that “easy access could increase volatility in demand for the digital money”.

Sam Mowers, Investorideas

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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)
@GenesisBlockch  , @GbtTechnologies
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



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