The firm uses a sustainable energy source by converting waste coal into power to mine Bitcoin.
Nasdaq News
The National Association of Securities Dealers Automated Quotation is the full name of the Nasdaq exchange, one of the largest electronic platforms in the world. Founded in 1971, it is headquartered in New York. The main area of the exchange concerns stocks of high-technology companies which specialize in creating software, electronics, devices, etc. The company’s activity is regulated by the American Security and Exchange Commission (SEC).
The latest Nasdaq cryptocurrency news is all about the availability of cryptocurrency trading. According to the platform’s administration, the cryptocurrency market needs to be better managed in order to secure future investors. Nevertheless, the company has negotiated a partnership agreement with a cryptocurrency exchange which is now planning how to use technologies to prevent any suspicious market manipulations.
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The Nasdaq-listed company recently announced it added another 5,050 Bitcoin to its coffers for about $242.9 million.
9943Coinbase announced a $1.5-billion bond sale shortly after the SEC threatened to sue the firm over its lending program.
8406Nasdaq, alongside Finnhub and Tiingo, will be providing its price feeds to DeFiChain, a DeFi platform built on the Bitcoin network.
14438COIN exceeded earnings estimates, but analysts caution that blanket crypto-sector regulation will “stifle innovation” and possibly cast a shadow over Coinbase's growth.
3760After a decidedly lackluster IPO debut last week, Robinhood shares have been wildly volatile in recent days, at one point skyrocketing by as much as 81% on the day.
2823Unlike traditional IPOs with a six-month lockup period, Robinhood will allow its employees to sell 15% of its shares immediately after the public debut.
2559The company has been publicly traded on the London Stock Exchange since 2018.
3202The Bitcoin miner will merge with Power & Digital Infrastructure Acquisition Corp in the latest crypto SPAC deal.
4016Sydney-based Iris Energy is reportedly prepping for the United States' tech-focused exchange with new fundraising.
2996After becoming the first blockchain firm listed on the London Stock Exchange, Argo Blockchain is now looking at a potential secondary listing on the Nasdaq.
2244The U.S. Financial Industry Regulatory Authority delivered its biggest financial penalty against the trading app on Wednesday, and Robinhood still reportedly faces scrutiny from the SEC regarding its business practices.
3671The Canadian miner with a focus on green energy should be available to trade in the coming weeks.
8162The company's stock has dropped by more than 60% after topping out at $1,135 in early February.
24482With shares in the Nasdaq-listed cryptocurrency exchange continuing to underperform, Coinbase is seeking a $1.25 billion cash injection from institutional investors.
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