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ThursdayMay 26, 2022 10:30 am

Despite a Volatile Bitcoin Market, LQwD FinTech Corp. (TSX.V: LQWD) (OTCQB: LQWDF) Scaling Lightning Network and Increasing Channel Capacities

LQwD released its platform as a service offering in November 2021, also releasing its first node on the Lightning Network – US-West Since then, nine additional nodes have been released worldwide: Ireland, India, Germany, Indonesia, Italy, Singapore, Sweeden, England, and France – with more likely to follow Despite volatility in Bitcoin, the Lightning Network continues to grow, with most recent reports indicating that the Network’s capacity is over 3,539 BTC Users can send payments quickly and with lower fees when utilizing the Lightning Network and PaaS solutions like LQwD One of the most dependable characteristics of the cryptocurrency market is…

ThursdayMay 26, 2022 9:45 am

Despite Falling Numbers, Bitcoin Investors Hopeful Crypto Will Bounce Back in the Future; Continual Changes in Technology Keep the Volatile Industry Moving Forward

Bitcoin has seen an overall decrease of 57% since November 2021 (an all-time high) and a YTD decrease of 37% Investor Mark Cuban tweeted that he believes cryptocurrency is in a lull period, much like the early internet, and expects the industry to bounce back – especially for those utilizing smart contracts for business productivity and profitability Political and economically driven, green energy initiatives for mining Bitcoin and other cryptocurrencies are rising – companies like Canaan Inc. have already begun implementing the necessary changes to strive for carbon-free emissions With blockchain fees high, Robinhood has created a new Web 3.0…

ThursdayMay 26, 2022 9:00 am

Cybin Inc. (NEO: CYBN) (NYSE American: CYBN) Efforts Boosted by New Study Indicating Effectiveness of Psychedelic Compounds

Recent study indicates psychedelic compounds show significant promise in treating a range of mental-health disorders Participants given psilocybin therapy reported a rapid, sustained improvement in their depression Cybin’s CYB003 has demonstrated less variability, faster onset, shorter duration and better brain penetration than oral psilocybin A new study sponsored by Imperial College London reports that psychedelic compounds may be effective in treating mental-health disorders (https://ibn.fm/xSdZv). The study supports efforts made by Cybin (NEO: CYBN) (NYSE American: CYBN), which is focused on progressing psychedelics to therapeutics by engineering proprietary drug-discovery platforms, innovative drug-delivery systems, novel formulation approaches and treatment regimens for mental-health disorders.…

WednesdayMay 25, 2022 2:18 pm

QualityStocksNewsBreaks – Advanced Container Technologies Inc.’s (ACTX) GrowPods Can Provide Compelling Experience of ‘Buying Right off the Vine’

Advanced Container Technologies (OTC: ACTX) today announced that its GrowPods — innovative modular hydroponic farms — can give grocers the ability to grow and sell ultra-clean and fresh strawberries and leafy lettuce, kale and micro-greens from a self-contained unit that can be located as nearby as the store’s parking lot. The announcement includes examples of grocers “taking farm-to-table to a whole new level,” including, according to Progressive Grocer, Kroger Company (NYSE: KR) providing customers with hydroponic produce right at the point of purchase. “Our modular hydroponic farms not only produce ultra-clean, vine-ripened strawberries and leafy greens, but also provide other…

WednesdayMay 25, 2022 2:03 pm

QualityStocksNewsBreaks – Tryp Therapeutics Inc. (CSE: TRYP) (OTCQB: TRYPF) Names New Independent Director to Board

Tryp Therapeutics (CSE: TRYP) (OTCQB: TRYPF), a clinical-stage biotechnology company focused on developing psilocybin-based compounds for diseases with unmet medical needs, has appointed industry leader Chris Ntoumenopoulosto its board of directors. Ntoumenopoulos has deep and impressive experience in raising capital and corporate strategy, and his expertise is well-suited to support the company’s focus on advancing the delivery of psychedelic medicines. Currently managing director at 21 Corporate, an Australia-based corporate advisory firm, Ntoumenopoulos is also a strategic investment adviser at Freeman Road, an investment group specializing in health and early-stage medtech companies. Ntoumenopoulos is also a director at Race Oncology and ResApp…

WednesdayMay 25, 2022 1:38 pm

QualityStocksNewsBreaks – EverGen Infrastructure Corp. (TSX.V: EVGN) (OTCQB: EVGIF) Releases Q1 2022 Financial Report

EverGen (TSX.V: EVGN) (OTCQB: EVGIF), Canada’s renewable natural gas (“RNG”) infrastructure platform, is reporting its financial results for first quarter of 2022, or the period ended March 31, 2022. Highlights of the report, which are all in Canadian dollars, include revenues of $1.4 million, similar to the $1.6 million reported in the first quarter of 2021; net loss of $0.2 million, a significant improvement from the $1.2 million from the same period in 2021; adjusted EBITDA of $0.6 million, another increase from the $0.2 million reported for the same period the year before; and cash and cash equivalents of $20.2 million with a…

WednesdayMay 25, 2022 12:58 pm

QualityStocksNewsBreaks – Eat Well Investment Group Inc.’s (CSE: EWG) (OTC: EWGFF) Shares Update per MCTO Mandate

Eat Well Group (CSE: EWG) (OTC: EWGFF), a publicly traded investment company, has released an update in accordance with the requirements of a management cease trade order (“MCTO”), which was issued by the British Columbia Securities Commission earlier this year. According to the update, the company and its auditors are intent on filing its audited annual financial statements and other required documentation for the year ended Nov. 30, 2021; the company plans on having that documentation completed and filed by the end of this month. In addition, the company noted that its CEO and CFO remain committed to not trading…

WednesdayMay 25, 2022 12:00 pm

What Ethereum 2.0 Signifies for the Ethereum Blockchain, Investors, and Established Miners such as BIT Mining Ltd. (NYSE: BTCM)

Ethereum 2.0 is billed as the single-largest change in the history of the blockchain The upgrade, set to be rolled out in phases, will involve migration from the current proof-of-work system to the proof-of-stake protocol ETH 2.0 will also cap the supply of Ether, the network’s native token, potentially triggering price increases via scarcity BIT Mining Ltd. believes the proof-of-work and proof-of-stake systems will coexist The Ethereum blockchain has long been a victim of its own success. Having lured software developers who built decentralized applications on top of the network, Ethereum has been accounting for the vast majority of total…

WednesdayMay 25, 2022 11:15 am

Flora Growth Corp. (NASDAQ: FLGC) Increases Vessel’s Footprint in the Canadian Cannabis Marketplace; Expands Its Operational Footprint in the E.U. and UK

Flora Growth’s Vessel brand just got listed on the Ontario Cannabis Store (“OCS”) Vessel also launched its direct-to-consumer online store to take control of its customer relationship journey Flora, through this expansion, seeks to tap into the growing Canadian cannabis market, which is valued at an estimated CAD 5.9 billion in 2022 The company has also expanded its operational footprint in Europe and the U.K. in a move that furthers its international growth strategy Flora Growth (NASDAQ: FLGC) just announced that its Vessel brand just got listed on the Ontario Cannabis Store (“OCS”) in a move that significantly increases the…

WednesdayMay 25, 2022 10:30 am

Home Bistro Inc. (HBIS) Distinguishing Itself in Billion-Dollar Food-Delivery Market by Partnering with Renowned Chefs

Global meal-kit, delivery-services market size is expected to reach $64.3 billion by 2030 By collaborating with executive/celebrity chefs, Home Bistro has taken the meal-delivery market to the next level Earlier this year, Home Bistro reported record-breaking first-quarter revenue As the meal kit delivery market grows — a recent report projects that the market will reach more than $64 billion by 2030 (https://ibn.fm/hjRyc) — a few companies are distinguishing themselves as leaders in the space. Home Bistro (OTC: HBIS) is one of those, as it has built a reputation for creating a leading online meal-delivery platform for celebrity chef-inspired, gourmet and lifestyle…

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