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ThursdayMay 26, 2022 11:15 am

Golden Matrix Group Inc. (NASDAQ: GMGI) Upgrades RKings Contest Platform, Looks to Keep Compounding Profits

In December, Golden Matrix Group entered the B2C gaming market with the acquisition of the majority of U.K.-based skilled gaming company RKingsCompetitions Ltd. This month, GMGI launched an upgraded version of the platform, which gives contestants the opportunity to win cars, electronics, tools, and more The combination of GMGI’s B2B operations and new mix of B2C is lending to a surge in revenue and profits, reaching $8.9 million and $349,379, respectively in Q1. Q2 represents first full quarter of RKings in the financials Gaming developer and licensor Golden Matrix Group (NASDAQ: GMGI) is a well-known and respected business-to-business (“B2B”) brand…

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 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…

WednesdayMay 25, 2022 9:45 am

Friendable Inc. (FDBL) Offering 360 Platform Experience for Independent Artists Looking to Kick Controlling Labels to the Curb

In addition to its flagship offering (Fan Pass Live), Friendable acquired Artist Republik and FeaturedX – creating a 360 platform offering for independent artists looking to remain in control of their music With the platform, artists can now produce, distribute, and market their music without the control of labels Artists earn revenue instead of paying the majority of it to labels and managers Friendable is using music tech to disrupt the $62 billion music label industry When the Rositano brothers (Robert and Dean) created Fan Pass Live they did it because they believed artists, musicians, and creators should have access…

WednesdayMay 25, 2022 9:00 am

Lexaria Bioscience Corp. (NASDAQ: LEXX) Making Waves in the Growing Antiviral Drug Space with its DehydraTECH Technology

Lexaria Bioscience Corp., through its patented DehydraTECH technology, is improving the way many drugs enter the bloodstream In June 2021, the company proved that an antiviral drug enhanced with its technology was effective at inhibiting the COVID-19/SARS-CoV-2 virus With the global antiviral market projected to hit $66.7 billion by 2025, Lexaria plans to capitalize on this growth by pushing its DehydraTECH technology and exploring multiple avenues of related application Today, it is estimated that infectious diseases account for a quarter to one-third of mortality globally. This has mainly been attributed to increased travel, globalization, populated cities, urbanization, and changes in…

TuesdayMay 24, 2022 12:00 pm

The Flagship CWCBExpo of the New York Cannabis Week to be Held June 2-4; Will Foster Relationships Among Hundreds of Business Leaders from Across the Cannabis Ecosystem

The Cannabis World Congress & Business Exposition (“CWCBExpo”) will be held in New York City between June 2-4, 2022 The conference will feature dozens of expert speakers with expertise in developing brands, increasing efficiencies, and investments Hundreds of exhibitors and leading cannabis businesses will showcase cutting-edge product innovations In 2021, revenue from licensed marijuana of $24.5bn – $27bn in the United States eclipsed Starbucks sales throughout North America The Cannabis World Congress & Business Exposition (“CWCBExpo”) event will be held at New York City’s Javits Convention Center, Hall 3A on June 2-4, 2022. As the flagship event during Cannabis Week, a platform…

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