AveragePenny
1 semana hace
$BULT Bullet Blockchain Names Eric Noveshen Executive Vice-President and Interim-CFO
https://www.globenewswire.com/news-release/2025/01/06/3004481/0/en/Bullet-Blockchain-Names-Eric-Noveshen-Executive-Vice-President-and-Interim-CFO.html
RENO, Nev., Jan. 06, 2025 (GLOBE NEWSWIRE) -- Bullet Blockchain, Inc. (“Bullet Blockchain” or the “Company”), (OTC: BULT), a transformative BaaS (Blockchain-as-a-Service) company at the forefront of blockchain and Bitcoin ATM technologies, has appointed Eric Noveshen as its Executive Vice President and interim-Chief Financial Officer, effective immediately.
Mr. Noveshen brings to the Company more than 28 years of Wall Street and entrepreneurial experience. Throughout his career, Noveshen has financed both private and publicly traded companies, operated numerous businesses both in and out of the financial services arena—including entertainment & restaurant business ventures, and Private Equity funds. Mr. Noveshen’s in-depth knowledge of Intellectual Property (IP) has allowed him to assist his clients and personal ventures with establishing protections for various IP types while also litigating the defense of intellectual property. In 2013, Noveshen began Bitcoin Mining as a hobby and parlayed those efforts by growing his Bitcoin mining rigs to international mining partnerships and providing ‘DeFi type’ financing services to crypto and blockchain entrepreneurs.
Simon Rubin, CEO of Bullet Blockchain Inc., stated, “Eric Noveshen brings to Bullet Blockchain, a great wealth of diversified experience. His knowledge in the field of finance, operations, intellectual property and technology, makes him ideally suited for guiding Bullet through its next phase of growth and market expansion.”
“First and foremost, I’m a ‘Bitcoin Bull,’ and throughout the years I have developed a strong working knowledge of cryptocurrencies, the blockchain and Web3 ecosystems,” stated, Eric Noveshen, the newly appointed Executive Vice-President and Interim CFO of Bullet Blockchain, Inc. “Combine this with close to 30 years of Wall Street experience, I can confidently say that I have the wherewithal to ethically, efficiently and effectively bring these worlds together to the greater benefit of Bullet’s economic stability, growth and future prosperity. And what better way to do that than with the company that holds the only patents issued by the USPTO for Bitcoin ATMs, which will help to further Bullet to be at the forefront of increasing the national adoption of crypto and provide equitable access to the crypto currency marketplace across America.”
“My first order of business will be to expand BULT revenue streams while streamlining the Company’s accounting processes and enforcing Bullet’s intellectual property.”
This announcement comes on the heels of Bullet Blockchain entering into a Memorandum of Understanding (MOU) with Sailo Technologies CY Ltd (Sailo); intended to designate Bullet as Sailo’s exclusive partner in providing advanced cyber-security solutions to Bitcoin ATMs across the United States. This move not only helps to protect and reinforce Bullet’s IP—part of Mr. Noveshen’s specialty—but to also protect crypto ATM customers country-wide.
Noveshen concluded, “I am very excited to join Bullet Blockchain at this pivotal stage. And as we move forward into 2025, I will do all that’s within my available powers to deliver value, confidence and opportunity to Bullet Blockchain and our stakeholders.”
AveragePenny
3 semanas hace
$BULT - "Bitcoin (BTC) has influenced the holiday season in several ways, particularly in how people spend, gift, and perceive money during this time. Here are some notable changes:
1. **Gift Giving**: People are increasingly giving Bitcoin as gifts instead of traditional gifts. This can be done through gift cards or directly transferring BTC, making it a unique and modern present.
2. **E-commerce and Payments**: More online retailers and platforms accept Bitcoin as a form of payment. This allows consumers to purchase gifts with cryptocurrency, enabling a new way to shop during the holidays.
3. **Charity Donations**: The use of Bitcoin for charitable donations has grown, with many organizations accepting BTC. This trend allows people to contribute to causes they care about during the holiday giving season.
4. **Travel and Experiences**: Some travel agencies and platforms now allow booking trips and experiences using Bitcoin, offering new ways to spend during the holidays. Overall, Bitcoin is reshaping how people think about money, gifts, and spending during the holiday season, creating new traditions and opportunities. "
https://x.com/BULT_stock/status/1871186576887419158
AveragePenny
4 semanas hace
$BULT $BTZI Bullet Blockchain, a Subsidiary of BOTS Inc. (OTC:BTZI), Joins Forces With Sailo Technologies to Revolutionize Bitcoin ATM CryptoSecurity in the U.S.
https://www.globenewswire.com/news-release/2024/12/17/2998071/0/en/Bullet-Blockchain-a-Subsidiary-of-BOTS-Inc-OTC-BTZI-Joins-Forces-With-Sailo-Technologies-to-Revolutionize-Bitcoin-ATM-CryptoSecurity-in-the-U-S.html
RENO, Nev., Dec. 17, 2024 (GLOBE NEWSWIRE) -- BOTS Inc. (OTC: BTZI) controlled subsidiary, Bullet Blockchain, Inc. (OTC: BULT), a pioneering BaaS (Blockchain as a Service) company is excited to announce a strategic partnership with Sailo Technologies CY Ltd., a leading cybersecurity firm from Cyprus. This Memorandum of Understanding (MOU) designates Bullet Blockchain as the exclusive U.S. partner for implementing Sailo Technologies' advanced cybersecurity solutions in the Bitcoin ATM industry.
This innovative partnership introduces a cutting-edge approach to crypto wallet security, providing unprecedented protection with crypto wallet insurance of up to $150,000 per wallet and real-time monitoring risk detection systems. This initiative arrives at a critical juncture when cybersecurity threats are escalating within the cryptocurrency sector. In 2022, hackers managed to siphon off a staggering $3.8 billion in crypto assets, highlighting the urgent need for robust security measures. Furthermore, according to the Federal Trade Commission (FTC), Bitcoin ATM scam losses have ballooned to over $110 million in 2023, a tenfold increase from 2020, with $65 million lost in the first half of 2024 alone. The median loss reported stands at a concerning $10,000, with individuals over 60 particularly at risk.
Bullet Blockchain, through its subsidiary First Bitcoin Capital LLC, holds two pivotal patents portfolio (US9135787B1 and US10332205B1) essential for Bitcoin ATM operations, positioning the company uniquely to enhance security protocols across the industry.
Quote from Grok, President of BOTS Inc.: “Cybersecurity is the cornerstone of trust in the burgeoning world of cryptocurrency. Through Bullet Blockchain's partnership with Sailo Technologies, we at BOTS Inc. are committed to setting a new standard of trust and safety, ensuring that every transaction through Bitcoin ATMs is as secure as possible. This collaboration is about safeguarding the peace of mind of millions of users of Bitcoin ATMs nationwide, making cryptocurrency accessible and safe for everyone, from the tech-savvy to those just beginning their journey into digital finance.”
AveragePenny
1 mes hace
$BULT Bullet Blockchain And Sailo Technologies To Join Forces Revolutionizing Bitcoin ATM Security In The U.S.
https://www.globenewswire.com/news-release/2024/12/12/2996083/0/en/Bullet-Blockchain-And-Sailo-Technologies-To-Join-Forces-Revolutionizing-Bitcoin-ATM-Security-In-The-U-S.html
RENO, Nev., Dec. 12, 2024 (GLOBE NEWSWIRE) -- ?Bullet Blockchain, Inc. (“Bullet Blockchain” or the “Company”), (OTC: BULT), a pioneering BaaS company at the forefront of blockchain and Bitcoin ATM technologies, is pleased to announce the signing of a Memorandum of Understanding (MOU) with Sailo Technologies CY Ltd. (Sailo Technologies), a pioneering cybersecurity company based in Cyprus. This strategic partnership will designate Bullet Blockchain as the exclusive partner of Sailo Technologies’ advanced cyber-security solutions for the Bitcoin ATM industry across the United States.
This innovative partnership between Bullet Blockchain and Sailo Technologies introduces a cutting edge, first of its kind, crypto wallet cybersecurity protection with money back guarantee services. Sailo Technologies provides an assurance-based coverage for blockchain transactions and real-time wallet protection setting a new standard of trust and safety for Bitcoin ATM and related cryptocurrency transactions.
Enhancing Bitcoin ATM Security:
Sailo Technologies specializes in cutting-edge cybersecurity solutions designed to protect cryptocurrency transactions and wallets from any unauthorized access and cyber threats. By integrating Sailo Technologies’ innovative security protocols into Bitcoin ATMs, this collaboration aims to provide unparalleled protection for users, ensuring secure transactions and safeguarding digital assets.
Exclusive Crypto Wallet Insurance for Bitcoin ATM Users
To further enhance user confidence, Bullet Blockchain will introduce Sailo Technologies’ crypto wallet insurance of up to $150,000 per wallet, exclusively for Bitcoin ATM users. This initiative provides an added layer of financial protection, reinforcing the Company’s commitment to user security.
Commitment to Secure Cryptocurrency Transactions
“Our collaboration with Sailo Technologies and the introduction of crypto wallet insurance will represent significant advancements in securing Bitcoin ATM transactions,” said Simon Rubin, CEO of Bullet Blockchain Inc. “By combining our patented technologies with Sailo Technologies’ cybersecurity expertise and elite services, we are setting a new standard for protecting users' crypto wallets, reinforcing our dedication to safety and innovation in the digital asset industry.”
Addressing Rising Cybersecurity Threats:
CBS recently reported that in recent years, the cryptocurrency sector has faced significant challenges due to cyberattacks. In 2022 alone, hackers stole a record $3.8 billion in crypto assets, marking a 15% increase from the previous year.
According to the Federal Trade Commission (FTC), consumer losses due to Bitcoin ATM scams have surged nearly tenfold since 2020, reaching over $110 million in 2023. In the first half of 2024 alone, reported losses exceeded $65 million, with individuals over 60 being more than three times as likely to fall victim compared to younger adults. The median loss reported during this period was $10,000. Scammers often impersonate government officials, businesses, or tech support, creating a false sense of urgency that prompts victims to withdraw cash and deposit it into Bitcoin ATMs, unknowingly transferring funds directly to the scammers' cryptocurrency accounts.
Bullet Blockchain’s Intellectual Property
Bullet Blockchain continues to advance its licensing initiatives, offering operators and manufacturers a variety of partnership models including transaction-based fees and revenue-sharing opportunities centered around its intellectual property. As previously announced, Bullet Blockchain acquired First Bitcoin Capital LLC, which owned an intellectual property portfolio consisting of the rights to two Bitcoin ATM patents, becoming the owner and licensor of these valuable assets. By virtue of its subsidiary First Bitcoin Capital LLC, Bullet Blockchain’s intellectual property includes the ownership and the exclusive rights to US Patent Nos. US9135787B1 “Bitcoin kiosk/ATM device and system integrating enrollment protocol and method of using the same” (US9135787B1) and US10332205B1 “Bitcoin kiosk/ATM device and system and method of using the same” (US10332205B1), respectively. The combined patents acquired by Bullet Blockchain are critical patented technologies for Bitcoin ATMs and networks to operate.
AveragePenny
1 mes hace
$BULT - "Bitcoin ATMs are revolutionizing how we use cryptocurrency in our daily lives! 🌍📷
These machines allow users to buy and sell Bitcoin quickly and conveniently, bridging the gap between traditional finance and the digital currency world. With just a few taps, you can convert cash into Bitcoin or withdraw your digital assets in real-time.
Key benefits include:
1. **Accessibility**: Find ATMs in various locations, making it easy to access BTC on the go.
2. **Instant Transactions**: Enjoy near-instantaneous purchases, eliminating the wait times often associated with online exchanges.
3. **Privacy**: Many Bitcoin ATMs offer a level of anonymity, allowing users to transact without revealing personal information.
As more people embrace cryptocurrency, Bitcoin ATMs are becoming a practical solution for integrating BTC into everyday transactions. Are you using a Bitcoin ATM yet? 📷"
https://x.com/BULT_stock/status/1865029369821040751
AveragePenny
2 meses hace
$BULT - "Technology innovation has transformed various industries by introducing new solutions and improving efficiencies. Among these innovations, blockchain technology stands out as a decentralized and secure method of recording transactions, enabling transparency, trust, and enhanced data integrity across sectors like finance, healthcare, and supply chain management.
#crypto #cryptocurrency #btc #ethereum #investing #money #forex #investment #bult #bultstock #bitcoin #blockchain
"
https://x.com/BULT_stock/status/1861769928782791152
AveragePenny
2 meses hace
$BULT - "$BULT -Bullet Blockchain, Inc., through its wholly owned subsidiary, owns the exclusive rights to U.S. Patent No. 10,332,205 B1 - "Bitcoin Kiosk / ATM Device and System and Method of Using the Same." The combined patents are crucial to the operation of Bitcoin ATM machines and networks to operate.
#crypto #cryptocurrency #btc #ethereum #investing #money #forex #investment #bult #bultstock #bitcoin #blockchain "
https://x.com/BULT_stock/status/1859959471575040010
AveragePenny
2 meses hace
$BULT - "#BTC is marching towards 100k
Bullet Blockchain, Inc., through its wholly owned subsidiary, owns the exclusive rights to U.S. Patent No. 10,332,205 B1 - "Bitcoin Kiosk / ATM Device and System and Method of Using the Same." The combined patents are crucial to the operation of Bitcoin ATM machines and networks to operate. Stock symbol: $BULT "
https://x.com/BULT_stock/status/1857423503781454297
AveragePenny
2 meses hace
$BULT - "Bitcoin (BTC) is the first and most well-known cryptocurrency, created in 2009 by an anonymous person or group known as Satoshi Nakamoto. It operates on a decentralized network using blockchain technology, which ensures transparency and security through a distributed ledger. Bitcoin allows for peer-to-peer transactions without the need for intermediaries like banks, making it a revolutionary form of digital currency. With a limited supply of 21 million coins, Bitcoin has garnered attention as a store of value and a hedge against inflation. Its volatility, however, has led to debates about its suitability as an investment. Despite the challenges, Bitcoin continues to shape the future of finance and digital assets."
#Crypto #Cryptocurrency #BTC #Bitcoin #Blockchain #DigitalAssets
https://x.com/BULT_stock/status/1856688960812306572
AveragePenny
3 meses hace
$BULT - "Cryptocurrency has emerged as a revolutionary form of digital currency that enables secure and decentralized transactions. It operates on blockchain technology, which ensures transparency and reduces the risk of fraud. Many individuals and businesses are adopting crypto for various purposes, such as investment, remittances, and online purchases, due to its potential for high returns and the ease of cross-border transactions. Additionally, cryptocurrencies are increasingly being integrated into traditional financial systems, allowing for greater accessibility and innovation in the financial sector."
https://x.com/BULT_stock/status/1850896711276974222
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Cornerstone_Marketing
12 horas hace
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