NetworkNewsBreaks

WednesdayMay 18, 2022 12:04 pm

NetworkNewsBreaks – Echelon Foundation Ahead of Plans to Bridge Blockchain Ecosystems Together

The Echelon Foundation, the team leading the way in cross-chain blockchain, is reporting that it is ahead of its previously stated objective of bridging all major cryptocurrency blockchain ecosystems together via the Echelon cross-chain bridging platform. According to the announcement, Echelon is working to become the only blockchain with multiple major blockchains integrated into the Echelon Bridge, through which users can exchange and trade $ECH across all major blockchains. The first blockchain to release bridgeable tokens, Echelon has released bridgeable $USDC, which it titles $bUSDC. The foundation’s main native token — $ECH — can currently be traded across seven major blockchains…

Continue Reading

WednesdayMay 18, 2022 11:43 am

NetworkNewsBreaks – GreenBox POS (NASDAQ: GBOX) to Present at H.C. Wainwright Global Investment Conference

GreenBox (NASDAQ: GBOX), an emerging and rapidly growing fintech company, today announced its participation in the H.C. Wainwright Global Investment Conference. The event is slated to take place in a virtual and in-person format at the Fontainebleau Miami Beach Hotel on May 23-26, 2022. GreenBox Chairman Ben Errez will give a company presentation and will be available for virtual one-on-one meetings with investors. Errez’s presentation is scheduled to begin at 7 a.m. ET on Tuesday, May 24, and will be available on demand. Interested parties should visit https://nnw.fm/255rC to register and view the webcast. To view the full press release,…

Continue Reading

WednesdayMay 18, 2022 11:31 am

NetworkNewsBreaks – Flora Growth Corp. (NASDAQ: FLGC) Announces Upcoming Cannabis Landscape Webinar, Launches Highsman Helix

Flora Growth (NASDAQ: FLGC), a leading all-outdoor cultivator, manufacturer and distributor of global cannabis products and brands, is hosting a webinar focused on the global cannabis regulatory landscape; the event is scheduled for Thursday, May 19, at 4 p.m. EDT. Titled “The State of the Play: Cannabis Regulatory Landscape,” the webinar will feature Flora Growth executives, including president and CEO Luis Merchan, COO Jason Warnock and newly appointed VP of regulatory affairs Holly Bell. The webinar agenda includes an overview of the opportunities and challenges facing Flora and other cannabis companies operating in the United States, Colombia and other global…

Continue Reading

WednesdayMay 18, 2022 11:19 am

NetworkNewsBreaks – Red White & Bloom Brands Inc. (CSE: RWB) (OTCQX: RWBYF) Releases Status Update Regarding MCTO

Red White & Bloom (CSE: RWB) (OTCQX: RWBYF), a multistate cannabis operator and house of premium brands, has shared a status update on the management cease trade order (“MCTO”) the company received from the British Columbia Securities Commission; the MCTO was effective on May 3, 2022, under the National Policy 12-203. In the update, the company references its original press release, which announced a delay in the filing of key financial statements and accompanying management’s discussion and analysis for FY 2021, a delay that would extend beyond the period outlined in the applicable Canadian securities laws. The update also noted…

Continue Reading

TuesdayMay 17, 2022 3:34 pm

NetworkNewsBreaks – Stronghold Digital Mining Inc. (NASDAQ: SDIG) Announces Q1 2022 Results, Provides Operational Update

Stronghold (NASDAQ: SDIG) has announced financial results for its first quarter ended March 31, 2022 and provided an operational update. Among the highlights, the company reported the removal of approximately 279,000 tons of coal refuse and return of approximately 179,000 tons of beneficial use ash to waste coal sites during the first quarter of 2022, facilitating the remediation of these sites. In addition, the company issued approximately $33.8 million aggregate principal notes on May 15, 2022, bearing a coupon of 10.0% and a maturity date of May 15, 2024, plus approximately 6.3 million warrants, with a strike price of $2.50,…

Continue Reading

TuesdayMay 17, 2022 3:23 pm

NetworkNewsBreaks – HIVE Blockchain Technologies Ltd. (NASDAQ: HIVE) (TSX.V: HIVE) (FSE: HBF) to Host May 19 Webcast

HIVE Blockchain Technologies (NASDAQ: HIVE) (TSX.V: HIVE) (FSE: HBF) today announced its plans to host a webcast on Thursday, May 19, at 8:00 a.m. Central Time to provide a corporate update. HIVE’s Executive Chairman Frank Holmes and COO and President Aydin Kilic will present on the webcast. The company urges investors to visit https://nnw.fm/buZW8 to register and participate in the corporate update. To view the full press release, visit https://nnw.fm/aigne About HIVE Blockchain Technologies Ltd. HIVE Blockchain Technologies went public in 2017 as the first cryptocurrency mining company with a green energy and ESG strategy. The company mines Bitcoin and…

Continue Reading

TuesdayMay 17, 2022 2:57 pm

NetworkNewsBreaks – VidFest Expo Returns to Live, In-Person Format to Feature World-Class Education, Creative Inspiration and Ideas

VidFest Expo, an annual event that brings together video creators from around the world to share their content and knowledge, today announced that, after going virtual since 2020, the conference will convene for 2022 in a live, in-person format at the Hilton Orlando Resort from May 26-29. The expo, in response to the tidal wave of video content popularity, is designed to focus on creators leveraging this dynamic medium. A coming together of thought leaders, early adopters and collaborators, the event will feature world-class education, creative inspiration and content ideas, community participation and networking opportunities. VidFest delivers engaging speeches and…

Continue Reading

TuesdayMay 17, 2022 2:44 pm

NetworkNewsBreaks – UBet Announces Successful Seed Funding Round, Raises $2.7M in Capital

UBet, a decentralized sports prediction market, announced that it has raised $2.7 million in seed funding. The company, which is focused on improving the customer experience for all parties within the global sports finance market, raised the funds in collaboration with Shima Capital, GSR, Republic Crypto, LD Capital, Old Fashioned Research, Decimus and M6 in raising the funds. In addition, investors from the sports-betting sector have joined the firm. According to the announcement, decentralized finance is an emerging technology, but current decentralized prediction markets are unsuccessful at creating a decentralized finance ecosystem. Existing algorithms are unsuitable for modeling sports outcome…

Continue Reading

TuesdayMay 17, 2022 2:38 pm

NetworkNewsBreaks – AmeriCann (ACAN) Announces Positive Quarterly Results, Operations Update

AmeriCann (OTCQB: ACAN), a cannabis company that develops state-of-the-art cultivation, product manufacturing and distribution facilities, today released financial and operational results for its fiscal quarter ending March 31, 2022. According to the update, the company achieved a significant increase in year-over-year quarterly revenue, culminating in positive net income for the quarter. Revenue from operations increased over 52% for the quarter ended March 2022 relative to the same quarter in 2021, an increase of $230,021. AmeriCann set an all-time monthly record in revenue for April 2022 and attributes the increase in financial performance to greater revenue received from products produced and…

Continue Reading

TuesdayMay 17, 2022 2:34 pm

NetworkNewsBreaks – Golden Matrix Group Inc. (NASDAQ: GMGI) Launches Upgraded RKings Tournament Platform

Golden Matrix Group (NASDAQ: GMGI), a developer and licensor of gaming platforms, systems and gaming content, has launched an upgraded Tournament platform. The robust new version of the platform includes added features and functionality specifically for Rkings’ players in Ireland and the United Kingdom. GMGI anticipates that the new platform will lead to an increase in the monthly number of skill tournaments as well as the number of participants, which should generate stronger revenue and profit from the RKings’ space. In addition, the company noted that the platform can be introduced into other regulated markets because of its scalability. GMGI…

Continue Reading