Nasdaq to repurpose crypto to grow carbon markets
According to Bloomberg, Nasdaq will use cryptocurrency technology to develop the carbon market. The securities exchange operator suspended the launch of its digital asset custody business in the United States in July, hoping that this technology will attract more customers to purchase new assets such as carbon.
Nasdaq co-president: Company notices waning institutional interest in cryptocurrencies
According to Jin10 Finance, Nasdaq co-president Cohen stated that Nasdaq sees a weakening interest in cryptocurrencies among institutions.
Nasdaq-listed mining company Bit Brother signs securities sale agreement worth $12 million
Nasdaq-listed mining company Bit Brother Limited announced that it has signed securities purchase agreements with certain qualified investors, agreeing to sell $12 million of Class A common stock, Class D warrants, and Class E warrants to relevant investors.
Bit Brother receives delisting notice from Nasdaq regarding insufficient bid
Bit Brother (NASDAQ code: BETS) announced today that it has received notice from NASDAQ that the exchange has decided to delist the company's securities from NASDAQ due to the company's failure to comply with NASDAQ listing rules. The reason is that the company's securities closed at $0.10 or lower for 11 consecutive trading days from October 26th to November 9th, 2023.
The SEC Needs To Make Decisions on Multiple Bitcoin ETF-Related Matters in Mid-October This Year
September 23rd, the latest blog post released by NYDIG shows that the SEC must respond (approve, reject, or delay) to Nasdaq's request for the listing of iShares Bitcoin Fund before October 17th.
Nasdaq-Listed Streaming Media Company Scienjoy Invests US$3 Million in DVCC
Scienjoy Holdings Limited, a Chinese streaming media company listed on NASDAQ, announced that it will invest $3 million to acquire 30% equity of DVCC TECHNOLOGY L.L.C (DVCC), a Dubai-based metaverse company.
Metalpha, a Hong Kong Digital Asset Management Company, Received a Written Notice of Violation From Nasdaq for Failing To Submit Form 20-F in Time
Hong Kong digital asset management company Metalpha has disclosed that it has received a written notice from Nasdaq stating that it has failed to timely submit its 20-F form report for the fiscal year ending March 31, 2023, thereby violating Nasdaq Rule 5250(c)(1), which requires listed companies to timely submit periodic reports to the U.S. Securities and Exchange Commission.
Japanese Blockchain Company Earlyworks Approved for Nasdaq Listing, Plans to Raise $6 Million through IPO
Earlyworks, a Japanese blockchain technology company operating a proprietary private blockchain technology called Grid Ledger System (GLS), has been approved for listing on Nasdaq. According to a disclosure from the US Securities and Exchange Commission, Earlyworks' IPO was listed on Nasdaq on July 25th under the stock code "ELWS". Earlyworks plans to issue 1,200,000 American Depositary Shares (ADS) priced at $5 per share, and expects to raise a total of $6 million in revenue from the offering after deducting underwriting discounts and other related expenses.
Nasdaq Drops Plans for Crypto Custody Service Amidst Regulatory Pressure
Nasdaq has decided to cancel its plans for a cryptocurrency custody service, according to CEO Adena Friedman during an earnings call on Wednesday. The service was originally scheduled to launch in Q2 of this year, but the company has since abandoned the project.
Bitcoin Fails to Catch Up on Rally in US Equities Despite Cooling Inflation
Despite the recent decrease in US inflation, Bitcoin has not experienced a rally like US equities and the global market. While major US indices reached 15-month highs, Bitcoin has fallen 1.28% in the last 24 hours and is currently trading at $30,358. Market analyst Tony Sycamore warns investors to be cautious, stating that Bitcoin's recent surge has stalled and could possibly fall to $25,000-$26,000.
