Capital One Says AML Review Led to Closure of Trump Organization Accounts 
Sony Raises Full-Year Outlook After Q1 Profit Jumps 40% on Gaming and Chip Growth 
Amazon Q2 Earnings Beat Estimates as AWS AI Growth Surges, But Q3 Revenue Forecast Disappoints 
Meta-backed research finds exposure to ‘untrustworthy’ social media is rare. The fine print is less reassuring 
SpaceX Earnings Preview: Bernstein Says 4 Key Factors Will Drive Long-Term Valuation 
World game at war: why some European nations have threatened a World Cup boycott 
Sony Eyes $1.3 Billion Tamron Acquisition as Lens Maker Reviews Offer 
Japan Earthquake Disrupts Auto and Chip Supply Chains 
Colgate-Palmolive Reaffirms 2026 Sales Outlook Despite Weak North America Demand 
AstraZeneca, Bristol Myers Squibb Explore Mega Merger Worth Nearly $400 Billion 
Novo Nordisk Eyes Turnaround as Oral Wegovy Challenges Eli Lilly in Weight-Loss Drug Race 
Roblox Stock Drops 16% as Q3 Bookings Forecast Misses Expectations 
Prysmian Nears Deal to Acquire Atkore in Potential All-Cash Takeover 
Apple Stock Slides 7% as Weak Sales Forecast Overshadows Quarterly Earnings Beat 
WestJet Cancels 86 Flights as CUPE Strike Threat Disrupts Travel 
Alibaba Stock Jumps as Qwen 3.8-MAX AI Model Intensifies China's AI Race 
Apple Q3 Earnings Beat as Record iPhone Sales Offset Services, China Weakness 
TORONTO, April 12, 2018 -- Peeks Social Ltd. (TSXV:PEEK) (OTCQB:PKSLF) (“Peeks Social” or “the Company”) is pleased to announce that the Peeks Social wallet is now accepting Bitcoin transactions. The ability to instantly interact and transact using Bitcoins represents an important shift by the Company towards the future of online currency transactions.
Users of Peeks Social are now able to fund their wallets with Bitcoin for use within the Peeks Social platform, allowing them to use their Bitcoin to purchase paid content, tip broadcasters, and contribute to crowdfunding campaigns, amongst other uses. Broadcasters are able to receive rewards they earn in a number of ways including directly to their prepaid Peeks Social Prepaid Cards. Users loading Bitcoins into their wallets are able to subsequently transfer the unused cash balance of their Peeks Social tokens to their prepaid Peeks Social Prepaid Cards instantly to spend at online and bricks and mortar retailers around the world.
Since cryptocurrency purchases are not subject to payment processing fees, the addition of cryptocurrency transactions are expected to reduce the aggregate payment processing fees currently associated with processing payments within the Peeks Social platform. The majority of deposits received by the Peeks Social platform are processed through in-app payments, which are subject to a 30% payment processing fees from their respective app stores.
Peeks Social will be evaluating the addition of other cryptocurrencies for use with the Peeks Social wallet.
The Peeks Social app can be downloaded in either the Apple or Google app stores, or by visiting www.peeks.social.
For further information, please contact:
Peeks Social Ltd.
Mark Itwaru
Chairman & Chief Executive Officer
416-639-5335
[email protected]
David Vinokurov
Director Investor Relations
416-716-9281
[email protected]
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) has reviewed or accepts responsibility for the adequacy or accuracy of this Release.
