$BULT $BTZI Bullet Blockchain, a Subsidiary of BOTS Inc.

New Post Public Reply Private Reply Replies (0) Message Board
louied91
206
$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/20...e-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.”

Bullet Blockchain Inc (BULT) Stock Research Links

BULT Board Company Profile Buy Rating Time & Sales News Filings Financials
Scroll down for more posts ▼

Top 10 Most Recent News Articles

Sungrow PowerStack 3.0: Pioneering a New Energy Era

Updated Category News Views 86

Pioneering with PowerStack 3.0: A Bold Move Sungrow's latest unveiling at the Global Energy Pioneer Summit 2026 has set the stage for a revolution in the commercial and industrial (C&I) energy storage sector. The PowerStack 3.0 isn't just another upgrade—it's a strategic leap into the future with its Scene-in-One system integration, aimed at adapting to the ever-diverse...

Continue Reading
Xinjiang Farmer Cultivates Community Success and Skills

Updated Category News Views 97

Growing Opportunities Beyond Tradition Zhang Xiying in Urumqi county, Xinjiang Uygur Autonomous Region, is rewriting the farming script with unflagging effort. She's not just tending to her own crops; she's nurturing a whole ecosystem of farmers who're hungry to branch out beyond traditional harvests. Picture this—a farmer turned agricultural technician, helping 19...

Continue Reading
Canada's LNG Ambition: A Trillion-Dollar Gamble

Updated Category News Views 70

The Push for the Third Largest LNG Exporter Canada's got massive ambitions, setting its sights on becoming the world's third largest exporter of liquefied natural gas (LNG) by 2050. It's no small feat, but if pulled off, it's bound to shake the market. The country expects to generate nearly C$1 trillion in investments and bring forth a whopping 250,000 jobs annually....

Continue Reading
Hollyland Powers APEC 2026 with Wireless Solutions

Updated Category News Views 0

APEC 2026 Finds a Partner in Hollyland Here's a nugget for ya: Hollyland, the pride of Shenzhen in wireless audio and video solutions, is stepping into the big leagues by becoming an official sponsor for the APEC 2026 meetings. Now that's quite the homecoming parade! Given the bustling vibes of a global conference, Hollyland’s gear will play a starring role in keeping...

Continue Reading
Envision Energizes Türkiye's Green Power Future Ambitions

Updated Category News Views 72

Türkiye's Energy Vision Gains Momentum When you talk about energy transition, you can't ignore Türkiye's ambitious plans. Türkiye's Energy Minister, H.E. Alparslan Bayraktar, is rolling up his sleeves for a bold push into renewables. On the sidelines of COP31, he sat down with Envision Energy's main dealmaker, Kane Xu, to chew over how they can power up Türkiye’s...

Continue Reading
New Intubation Blade: A Potential Game-Changer in EMS

Updated Category News Views 24

Streamlining Emergency Medical Procedures A seasoned paramedic from Norfolk, Virginia, with a knack for solving practical problems, has devised a tool that could revolutionize the emergency medical field: the Dual Purpose Intubation Blade. This innovation is not just about simplifying the intubation process; it’s about taking a massive step forward in how emergency...

Continue Reading
NYSE Gains Ground with Historic Listings Transfers

Updated Category News Views 50

You'll know it's a topsy-turvy market when hefty firms start switching their stock exchange allegiance. This year, nine noteworthy companies, with a collective market heft of nearly half a trillion dollars, kissed Nasdaq goodbye and nestled into the New York Stock Exchange (NYSE). Now, why would these big shots make the shift, you ask? Let's dive into the nitty-gritty....

Continue Reading
Goldwin Teams Up with Centric for PLM Overhaul

Updated Category News Views 45

Solid Move or Risky Shift? Goldwin Inc., a well-regarded behemoth in Japan's outdoors market, is shaking things up and joining hands with Centric Software. We're looking at a modernization spree here, folks. The plan? Whip Goldwin's sprawling product data into shape with Centric PLM, a solution that promises a more structured product development approach. Streamlining,...

Continue Reading
Global Challenge: A New Era for AI Web Agents

Updated Category News Views 118

The Dawn of the Agent Web Well, here we are, standing at the cusp of a new digital frontier, folks. This ain't just another buzzword parade; this is the Open Agentic Web Challenge, courting developers with a $13K carrot to craft an interoperable playground for AI agents. Big names like Cognizant AI Lab, MIT Media Lab, and others are leading the charge. No small-time...

Continue Reading
Yael Eckstein Honored for Advancing Faith Collaborations

Updated Category News Views 21

Recognition for Bridging Communities It's not every day you hear about someone getting a pat on the back as broad as a lifetime achievement award. Yet, Yael Eckstein, President and Global CEO of the International Fellowship of Christians and Jews (The Fellowship), managed just that during an elegant gala in Jerusalem. The Black Christian Leadership Council on Israel...

Continue Reading

Top 5 Most Recently Viewed Articles

Promising Long-Term Effects of LEQEMBI on Alzheimer's Patients

Updated Category News Views 185

New Insights on LEQEMBI's Impact on Alzheimer's Disease Recent clinical data reveals significant findings regarding LEQEMBI (lecanemab-irmb) and its long-term benefits for patients with early-stage Alzheimer's disease (AD). Presenting these insights at a notable conference marked a key moment for both Eisai Co., Ltd. and Biogen Inc. These findings highlight how LEQEMBI...

Continue Reading
Upcoming Valeo Shareholders' Meeting: Key Insights for Investors

Updated Category News Views 183

Valeo Shareholders' Meeting Overview Valeo is gearing up for its upcoming Combine Shareholders' Meeting, scheduled at the end of this month. Investors are eagerly anticipating this event, as it will focus on critical financial decisions and strategic directives moving forward. Key Agenda Items The meeting will commence with a review of Valeo's financial performance,...

Continue Reading
Analyzing February's Asset Class Performance: Insights Revealed

Updated Category News Views 226

An Overview of February's Asset Class Performance In February, global markets experienced a rally across most major asset classes, providing an intriguing backdrop for investors navigating a shifting economic landscape. While many sectors thrived, US equities struggled to maintain momentum, marking a surprising downturn. Real Estate's Standout Performance The top...

Continue Reading
Investigation into Bitfarms Ltd. Promises Investor Insights

Updated Category News Views 176

Pomerantz LLP Launches Investigation into Bitfarms Ltd. Pomerantz LLP, a respected law firm specializing in corporate and securities litigation, is currently investigating claims on behalf of investors in Bitfarms Ltd. (NASDAQ: BITF). This investigation focuses on whether there have been fraudulent activities or unlawful business practices by the company's officers and...

Continue Reading
Centerra Gold's New Dividend Initiatives and Market Approaches

Updated Category News Views 152

Centerra Gold Reports New Quarterly Dividend Centerra Gold Inc. (TSX: CG, NYSE: CGAU) has made a significant announcement regarding its financial strategy. The Board of Directors has approved a quarterly dividend of C$0.07 per common share, amounting to nearly C$14.7 million, or approximately US$10.2 million. This move demonstrates the company's commitment to providing...

Continue Reading