DMGI.V - DMG Blockchain Solutions Inc.
| Previous Close | 0.37 |
| Open | 0.38 |
| Bid | 0.38 x 0 |
| Ask | 0.39 x 0 |
| Day's Range | 0.37 - 0.40 |
| 52 Week Range | 0.35 - 1.98 |
| Volume | 156,145 |
| Avg. Volume | 331,598 |
| Market Cap | 39.281M |
| Beta | -14.80 |
| PE Ratio (TTM) | N/A |
| EPS (TTM) | -0.03 |
| Earnings Date | N/A |
| Forward Dividend & Yield | N/A (N/A) |
| Ex-Dividend Date | N/A |
| 1y Target Est | N/A |
- GlobeNewswire•3 days ago
DMG Blockchain Expands Cryptocurrency Forensics & Analytics Services to International Customers
DMG Blockchain Solutions Inc. (DMGI.V) (“DMG” or the “Company”), a diversified blockchain and cryptocurrency company, announced today that its Blockchain Forensics & Analytics group is expanding internationally with contracts from several new international auditing and consulting firms. DMG’s Blockchain Forensics & Analytics group uses sophisticated artificial intelligence (AI) and machine learning (ML) technology to help customers monitor cryptocurrency exchanges and payment platforms, and to examine the flow of cryptocurrency through the blockchain in order to establish the provenance and destination of crypto wallet funds. DMG provides analytics support for the Bitcoin and Ethereum blockchains (including ERC20 tokens and ICOs), and over the course of the next year DMG plans to support analytics for Litecoin, Bitcoin Cash, Ripple and Stellar as well.
- Bitcoin Magazine•11 days ago
DMG Blockchain Solutions Launches BitScore AML Risk API for Crypto Exchanges and Payment Platforms
Vancouver-based blockchain and cryptocurrency firm DMG Blockchain Solutions Inc. has announced the official launch of its BitScore web API. The platform is designed to provide cryptocurrency deposit and withdrawal risk-scoring for both anti-money laundering (AML) and anti-fraud compliance. DMG Blockchain Solutions seeks to manage, operate and develop end-to-end solutions for monetizing the blockchain ecosystem, and BitScore is already being used by crypto exchanges and enterprise payment platforms so they can assess their risks of legal non-compliance. BitScore was engineered by DMG’s Blockseer development team and is powered by sophisticated artificial intelligence and machine learning models to examine the flow of cryptocurrency funds through the blockchain and establish their respective origins. Speaking with Bitcoin Magazine , DMG CTO Danny Yang explained, “Understanding the provenance of source and destination addresses is imperative for any exchange or payment platform sensitive to regulatory compliance. Allowing an address that accepts deposits from, or makes payments or deposits to disreputable networks is potentially abetting their activities, which creates legal liabilities for banks, exchanges and traders.” Here’s how it all works. Customers can submit any cryptocurrency source or destination address to BitScore. The platform’s algorithm returns a risk score to the user after evaluating the source of the funds. Customers are also informed if at any time in the past the monitored address has ever sent funds to high-risk parties. These typically include dark markets, hacking sites or money-laundering services. BitScore also examines several generations of transactions in both directions (receiving and sending) and applies a weighting function that determines the amount of questionable cryptocurrency flowing through studied transactions. At press time, BitScore supports bitcoin only, though it plans to add ether and ERC20 tokens this coming summer. Litecoin and bitcoin cash will be added by the end of 2018. BitScore is not the first effort of its kind. As regulatory compliance for cryptocurrency platforms becomes more crucial, several ventures involved in the blockchain arena are working to implement changes to their operations to certify rules are followed, customer safety is intact and monetary authorities remain satisfied. One such company — cryptocurrency exchange platform Vaultbank — recently entered a partnership with Gordian Compliance Solutions to guarantee AML and Know-Your-Customer (KYC) compliance. COO Aaron Travis stated, “If you’re on an exchange, or buying digital assets in which the originator or person selling them to you has not gone through great efforts to get to know you, and [has not] undergone KYC and AML checks, then I would be wary of it. If the platform you’re buying a digital currency from is not going through those hoops — those standard, basic efforts to protect the investor — you need to be wary of that.”Other companies — like Coinfirm, a risk and compliance platform designed predominantly for cryptocurrency businesses — have also released APIs built for further customer security and AML protection. This article originally appeared on Bitcoin Magazine.
- GlobeNewswire•13 days ago
DMG Blockchain Solutions Launches ‘BitScore’ AML Risk API for Crypto Exchanges and Payment Platforms
DMG Blockchain Solutions Inc. (DMGI.V) (“DMG” or the “Company”), a diversified blockchain and cryptocurrency company, announced today the official launch of its ‘BitScore’ cryptocurrency deposit and withdrawal risk-scoring web API for Anti-Money Laundering (AML) and anti-fraud compliance. Customers can submit a cryptocurrency source or destination address to the BitScore API, and the algorithm returns a risk score evaluating the source of funds sent to that address, or if that address has sent funds to other high risk parties such as known hacks, dark markets, or money laundering services. “Understanding the provenance of source and destination addresses is imperative for any exchange or payment platform sensitive to regulatory compliance,” said Danny Yang, CTO of DMG Blockchain Solutions.
- ACCESSWIRE•17 days ago
Today’s Research Reports on Neptune Dash, DMG Blockchain, Good Life Networks and CryptoGlobal
NEW YORK, NY / ACCESSWIRE / May 3, 2018 / Research Driven Investing strives to provide investors with free daily equity research reports analyzing major market events. Take a few minutes to register with ...
- PR Newswire•24 days ago
BlackChain Solutions Inc. Signs LOI With DMG Blockchain Solutions Inc. to Bring P2P Lending to the Cryptocurrency Market
BlackChain Solutions Inc. (the "Company" or "Blackchain") (BIS), announced today that it has signed a letter of intent with DMG Blockchain Solutions Inc., (DMG) a TSX Venture Exchange listed company (DMGI.V), to license DMG's Prometheus technology for deployment as part of BlackChain's P2P Lending Platform. Under the proposed license, BlackChain will retain exclusive rights for use of the technology for P2P Lending. DMG will be entitled to a royalty on commercial revenues generated by Blackchain using the technology.
- CNW Group•24 days ago
BlackChain Solutions Inc. Signs LOI With DMG Blockchain Solutions Inc. to Bring P2P Lending to the Cryptocurrency Market
VANCOUVER, April 26, 2018 /CNW/ - BlackChain Solutions Inc. (the "Company" or "Blackchain") (CSE:BIS.CN - News), announced today that it has signed a letter of intent with DMG Blockchain Solutions Inc., (DMG) a TSX Venture Exchange listed company (TSXV:DMGI.V - News), to license DMG's Prometheus technology for deployment as part of BlackChain's P2P Lending Platform. Under the proposed license, BlackChain will retain exclusive rights for use of the technology for P2P Lending. DMG will be entitled to a royalty on commercial revenues generated by Blackchain using the technology.
- GlobeNewswire•26 days ago
DMG Blockchain Welcomes Litecoin Creator Charlie Lee to its Advisory Board, as the Company Prepares to Add Litecoin Mining to Its MaaS Offering
VANCOUVER, British Columbia, April 24, 2018-- DMG Blockchain Solutions Inc., a diversified blockchain and cryptocurrency company, announced today that Charlie Lee, inventor of Litecoin and former director ...
- GlobeNewswire•2 months ago
DMG Blockchain Solutions Contributes to Open-Source Lightning Protocol to Speed Blockchain Transactions
VANCOUVER, British Columbia, April 04, 2018-- DMG Blockchain Solutions Inc., a diversified blockchain and cryptocurrency company, announced today that it is contributing core code to a protocol known as ...
- GlobeNewswire•2 months ago
DMG CEO Report Q1
DMG Blockchain Solutions Announces Q1 Progress: Cryptocoin Mining Service Capacity Sells Out, Up to a 85 Megawatt Mine Construction Underway, Closes First M&A Deal, Strategic Partnerships Inked. 2,650 ...
- Baystreet•2 months ago
Stocks in play: DMG Blockchain Solutions Inc.
Has sold out its current capacity of 2,650 mining rigs for its cryptocoin Mining-as-a-Service (MaaS) ...
- GlobeNewswire•2 months ago
DMG CEO Report Q1
DMG Blockchain Solutions Announces Q1 Progress: Cryptocoin Mining Service Capacity Sells Out, Up to a 85 Megawatt Mine Construction Underway, Closes First M&A Deal, Strategic Partnerships Inked. 2,650 ...
- GlobeNewswire•2 months ago
DMG Blockchain Solutions and Primary Engineering Complete Phase 1 Crypto Power Study
VANCOUVER, British Columbia, March 15, 2018-- DMG Blockchain Solutions Inc., a diversified blockchain and cryptocurrency company and Primary Engineering and Construction, an Electrical Engineering and ...
- Baystreet•2 months ago
Big Banks Including JPMorgan Beginning to Sing the Crypto Tune
In a move that shows a changing attitude towards blockchain, and perhaps a vindication of cryptocurrencies, ...
- GlobeNewswire•2 months ago
DMG Blockchain Expands into Silicon Valley with Acquisition of Industry Leading Crypto-Analytics and A.I. Leader, Blockseer
Blockseer has an expanding team of blockchain, AI, and data scientists based in Silicon Valley Customer base has included Bitstamp, Intuit, and Blockchain.info, one of the world’ s largest cryptocurrency ...
- GlobeNewswire•2 months ago
DMG Blockchain Solutions and D-Link Canada Partner to Establish Best Practices for the Cryptocurrency Mining Industry
VANCOUVER, British Columbia, March 05, 2018-- D-Link ® a global leader in networking and communications products for SMB and Large Enterprise, and DMG Blockchain Solutions Inc., a diversified blockchain ...
- GlobeNewswire•3 months ago
DMG Blockchain Provides Power Update on Flagship Cryptocurrency Mining Facility
Flagship facility will make it one of the largest crypto mining facilities in North America with expected power capacity of up to 85 megawatts 40 megawatts of near-term power capacity planned to be online ...
- GlobeNewswire•3 months ago
DMG Blockchain Announces Formation of Regulatory Advisory Board
VANCOUVER, British Columbia, Feb. 20, 2018-- DMG Blockchain Solutions Inc., is pleased to announce the appointment of Varun Gupta, Lou Kerner, and Samuel Osei to the Advisory Board of DMG. Each advisor ...
- Baystreet•3 months ago
New Merger Sparks Search For Next CryptoKitties and Tron Dogs
The gaming industry has come a long way since the days of plugging quarters into a PAC-MAN or Atari ...
- Newsfile•3 months ago
IIROC Trade Resumption - DMG Blockchain Solutions Inc.
Vancouver, British Columbia--(Newsfile Corp. - February 13, 2018) - Trading resumes in: Company: DMG Blockchain Solutions Inc. TSX-V Symbol: DMGI ...
- Newsfile•3 months ago
IIROC Trade Halt - DMG Blockchain Solutions Inc.
Vancouver, British Columbia--(Newsfile Corp. - February 13, 2018) - The following issues have been halted by IIROC: Company: DMG Blockchain Solutions Inc. TSX-V Symbol: DMGI ...
