Merchant Site PayIvy.com Acquired by Digital Currency Investor Newnote Financial

Newnote Financial, the Canadian crypto conglomerate that acquired CoinTrader.net back in March, has now picked up recently embattled digital marketplace PayIvy. "Recently embattled" is a bit of an understatement, as world-renowned security analyst Brian Krebs singled them out in a recent blog post for activities of its users. He admits in his post that PayPal had never determined that PayIvy was violating its policies, IE selling stolen accounts, but instead some of its vendors had broken the policies and also had their PayPal accounts frozen. CCN is currently conducting an investigation....

Newnote Financial, a digital currency investor company based in Canada, has been making strategic acquisitions in the industry. After acquiring bitcoin exchange Cointrader.net, the company has recently announced its acquisition of Paylvy.com, which is an online merchant catering to sales of digital products and services. According to Newnote Financial CEO Paul Dickson, this acquisition is a strategic one for the company because it will allow them to integrate digital currency services into another using their APIs. "With the investment from Newnote, PayIvy will be able to serve more....

Newnote Financial, which is publicly traded (CSE: NEU. OTCQB: NWWTF. FSE: 1W4) on three international stock exchanges on two continents, has acquired Canadian Bitcoin exchange CoinTrader.net. In addition to its trading platform, CoinTrader has Bitcoin ATM machines in London and Tokyo, as well as a point-of-sale system called CoinZero. The deal was made for 1.5 million Canadian dollars in cash and stock, and was confirmed for CCN on Thursday morning. Also read: AllCrypt.com Bitcoin Exchange Goes Down. Founded almost two years ago by Vancouver group Bitcoiniacs, CoinTrader.net is the....

Newnote Financial launched a national television campaign for its ambitious integrated Bitcoin services. Cryptocurrency centered financial companies are getting pretty fancy. Vancouver-based Newnote Financial recently evolved from a resource exploration company, Winrock Resources, to financial and technology company focused on integrated platforms built for cryptocurrencies. Ever since, the company's developers have been furiously working on a number of unique new projects. To kick off the ambitious integrated platform, it recently launched a national television campaign, a first for....

There's a lot of talk today about cloud hashing. It's a way for miners to, well, mine without having to make incredibly large investments in collocation facilities, hardware, electricity, and system upkeep. And it's incredibly popular. Just ask Newnote Financial Corporation, who recently sold out of their new 'Newnote Miners' cloud hashing service in a mere twelve hours. The company has announced today that they're ready for more action, adding a whopping 100 terahashes to its cloud hashing capacity, allowing even more clients to come on board with mining contracts. "The demand for....