BIT

StoneX Offers Clients Access to Coinbase Derivatives Exchange Contracts Cleared by Nodal Clear

Retrieved on: 
Thursday, April 13, 2023

StoneX Group Inc (StoneX), Coinbase Derivatives Exchange (CDE) and Nodal Clear jointly announced today that clients of StoneX Financial Inc. now have access to the full suite of CDE contracts cleared by Nodal Clear.

Key Points: 
  • StoneX Group Inc (StoneX), Coinbase Derivatives Exchange (CDE) and Nodal Clear jointly announced today that clients of StoneX Financial Inc. now have access to the full suite of CDE contracts cleared by Nodal Clear.
  • “StoneX is committed to providing our clients with greater choice and access across financial markets to maximize their futures trading needs,” said Clayton Passero, Managing Director and Head of Futures Online, StoneX Financial Group.
  • “StoneX’s retail customers will be able to trade accessible futures contracts tailored to their level of risk, and we plan to make larger contracts available to satisfy growing institutional demand.”
    “We are pleased to expand our clearing relationship with StoneX so that its customers can now access Coinbase Derivatives Exchange products and services,” said Paul Cusenza, Chairman & CEO of Nodal Clear.
  • “We are happy that StoneX customers will now have the ability to participate in all the markets that Nodal Clear serves.”

Tomi Environmental Solutions, Inc. Reports 40% Increase in Fourth Quarter Revenue

Retrieved on: 
Thursday, March 16, 2023

FREDERICK, Md., March 16, 2023 (GLOBE NEWSWIRE) -- TOMI Environmental Solutions, Inc.® (“TOMI”) (NASDAQ: TOMZ), a global company specializing in disinfection and decontamination utilizing its premier Binary Ionization Technology (BIT) platform through its SteraMist brand of products, today announced its financial results for the fourth quarter and year ended December 31, 2022.

Key Points: 
  • Furthermore, we continue to see positive signs in the marketplace as our fourth quarter solution sales grew by 31% compared to our prior year fourth quarter.
  • Financial Results for the year ended December 31, 2022, compared to December 31, 2021
    Total net revenue was $8,338,000 compared to $7,754,000, an increase of $584,000, or 8%.
  • 60% growth in 2022 fourth quarter sales compared to the third of quarter 2022.
  • TOMI will hold a conference call to discuss Fourth Quarter and Year End 2022 results at 4:30 p.m.

Uvaro, Blacks In Technology and OneTen Partner To Sponsor Black Talent for Career Success

Retrieved on: 
Thursday, February 23, 2023

HANOVER, N.H., Feb. 23, 2023 /PRNewswire-PRWeb/ -- Uvaro, in partnership with the Blacks In Technology Foundation (BiT) and OneTen, is pleased to announce a new sponsored membership to promote career success for Black talent entering tech sales. Through this partnership, applicants who qualify will enter Uvaro's 12-week Tech Sales Foundations course and gain sponsored membership to Uvaro with access at no cost to their rapidly growing catalog of upskilling courses for tech sales and customer success roles, workshops, on-demand training, and 24-months of career support. Selected applicants will become registered members of BiT and will join OneTen's career marketplace which connects Black talent without four-year degrees to well-paying jobs from its coalition of leading employers.

Key Points: 
  • HANOVER, N.H., Feb. 23, 2023 /PRNewswire-PRWeb/ -- Uvaro, in partnership with the Blacks In Technology Foundation (BiT) and OneTen, is pleased to announce a new sponsored membership to promote career success for Black talent entering tech sales.
  • Selected applicants will become registered members of BiT and will join OneTen's career marketplace which connects Black talent without four-year degrees to well-paying jobs from its coalition of leading employers.
  • Blacks In Technology is a global platform for people of African descent globally in technology, and The Blacks In Technology Foundation is the largest community of Black people in the technology industry.
  • "The racial divide in today's job market is abundantly clear, with the technology sector representing a key area of opportunity for Black talent," explains Maurice Jones, CEO of OneTen.

BIT Mining Limited Announces Unaudited Financial Results for the Fourth Quarter and Full Year ended December 31, 2022

Retrieved on: 
Friday, February 17, 2023

Net loss attributable to BIT Mining was US$123.4 million in the fourth quarter of 2022, as compared with net loss attributable to BIT Mining of US$11.0 million for the fourth quarter of 2021, and net loss attributable to BIT Mining of US$22.2 million for the third quarter of 2022.

Key Points: 
  • Net loss attributable to BIT Mining was US$123.4 million in the fourth quarter of 2022, as compared with net loss attributable to BIT Mining of US$11.0 million for the fourth quarter of 2021, and net loss attributable to BIT Mining of US$22.2 million for the third quarter of 2022.
  • Non-GAAP basic and diluted losses per ADS2 attributable to BIT Mining Limited for the fourth quarter of 2022 were US$1.93.
  • Net loss attributable to BIT Mining was US$123.4 million for the fourth quarter of 2022, compared with net loss attributable to BIT Mining of US$11.0 million for the fourth quarter of 2021, and net loss attributable to BIT Mining of US$22.2 million for the third quarter of 2022.
  • Non-GAAP net loss attributable to BIT Mining was US$20.5 million for the fourth quarter of 2022, compared with non-GAAP net loss attributable to BIT Mining of US$9.3 million for the fourth quarter of 2021, and non-GAAP net loss attributable to BIT Mining of US$2.9 million for the third quarter of 2022.

BIT Mining Limited to Report Fourth Quarter and Full Year 2022 Financial Results on February 17, 2023

Retrieved on: 
Thursday, February 9, 2023

AKRON, Ohio, Feb. 9, 2023 /PRNewswire/ -- BIT Mining Limited (NYSE: BTCM) ("BIT Mining Limited" or the "Company"), a leading technology-driven cryptocurrency mining company, today announced that it plans to release its unaudited financial results for the fourth quarter and full year ended December 31, 2022, before the U.S. market open on Friday, February 17, 2023.

Key Points: 
  • AKRON, Ohio, Feb. 9, 2023 /PRNewswire/ -- BIT Mining Limited (NYSE: BTCM) ("BIT Mining Limited" or the "Company"), a leading technology-driven cryptocurrency mining company, today announced that it plans to release its unaudited financial results for the fourth quarter and full year ended December 31, 2022, before the U.S. market open on Friday, February 17, 2023.

BIT Mining Limited Regains Compliance with NYSE Continued Listing Standards

Retrieved on: 
Thursday, February 2, 2023

AKRON, Ohio, Feb. 2, 2023 /PRNewswire/ -- BIT Mining Limited (NYSE: BTCM) ("BIT Mining," "the Company," "we," "us," or "our company"), a leading technology-driven cryptocurrency mining company, today announced that it has received a letter from the New York Stock Exchange (the "NYSE"), dated January 31, 2023, notifying the Company that it has regained compliance with the NYSE's continued listing standards.

Key Points: 
  • AKRON, Ohio, Feb. 2, 2023 /PRNewswire/ -- BIT Mining Limited (NYSE: BTCM) ("BIT Mining," "the Company," "we," "us," or "our company"), a leading technology-driven cryptocurrency mining company, today announced that it has received a letter from the New York Stock Exchange (the "NYSE"), dated January 31, 2023, notifying the Company that it has regained compliance with the NYSE's continued listing standards.
  • On July 29, 2022, the NYSE notified the Company that it was not in compliance with the NYSE's continued listing standards because, as of July 28, 2022, the average closing price of the Company's American Depositary Shares (the "ADSs") was less than US$1.00 per ADS over a consecutive 30 trading-day period.
  • In its letter dated January 31, 2023, the NYSE confirmed that a calculation of the Company's average stock price for the 30-trading days ended January 30, 2023, indicated that the Company's stock price was above the NYSE's minimum requirement of $1 based on a 30-trading day average.
  • Accordingly, the Company is no longer considered below the $1 continued listing criterion.

BIT TO UTILIZE CIRCLE'S 'FIAT TO CRYPTO' ON-RAMP AND USDC SETTLED PRODUCTS

Retrieved on: 
Tuesday, January 31, 2023

More than $43 billion USDC is now in circulation as of January 13, 2023.

Key Points: 
  • More than $43 billion USDC is now in circulation as of January 13, 2023.
  • This collaboration with Circle will allow BIT users to transfer fiat into their BIT accounts as USDC and withdraw USDC to USD via bank wire.
  • "BIT looks forward to a long and fruitful relationship with Circle," said Lan Yue, co-founder and COO of BIT.
  • Together, we will provide the stability of USDC to BIT customers and making USDC more accessible," said Raagulan Pathy, Vice President of Asia Pacific for Circle.

BIT TO UTILIZE CIRCLE'S 'FIAT TO CRYPTO' ON-RAMP AND USDC SETTLED PRODUCTS

Retrieved on: 
Tuesday, January 31, 2023

More than $43 billion USDC is now in circulation as of January 13, 2023.

Key Points: 
  • More than $43 billion USDC is now in circulation as of January 13, 2023.
  • This collaboration with Circle will allow BIT users to transfer fiat into their BIT accounts as USDC and withdraw USDC to USD via bank wire.
  • "BIT looks forward to a long and fruitful relationship with Circle," said Lan Yue, co-founder and COO of BIT.
  • Together, we will provide the stability of USDC to BIT customers and making USDC more accessible," said Raagulan Pathy, Vice President of Asia Pacific for Circle.

BIT Mining Launches New Energy Efficient LiteCoin/DogeCoin Miner LD3

Retrieved on: 
Tuesday, January 17, 2023

AKRON, Ohio, Jan. 17, 2023 /PRNewswire/ -- BIT Mining Limited (NYSE: BTCM) ("BIT Mining," "the Company," "we," "us," or "our company"), a leading technology-driven cryptocurrency mining company, today announced the launch of their state-of-the-art Litecoin ("LTC") / Dogecoin ("DOGE")  mining machine, model LD3 ("LD3"), which was specifically designed for mining on the DOGE and LTC blockchains.

Key Points: 
  • AKRON, Ohio, Jan. 17, 2023 /PRNewswire/ -- BIT Mining Limited (NYSE: BTCM) ("BIT Mining," "the Company," "we," "us," or "our company"), a leading technology-driven cryptocurrency mining company, today announced the launch of their state-of-the-art Litecoin ("LTC") / Dogecoin ("DOGE")  mining machine, model LD3 ("LD3"), which was specifically designed for mining on the DOGE and LTC blockchains.
  • The power efficiency of 0.73 W/MH and 4800 MH/s delivery make the LD3 machine more profitable than its predecessors in terms of efficient energy consumption.
  • LD3 is the second ASIC miner developed by the Company since the completion of its acquisition of mining hardware manufacturer, Bee Computing, in 2022.
  • "The unveiling of the LD3 mining equipment marks a significant advancement for BIT Mining Limited as this next generation of LTC/DOGE miners will push the industry ahead with currently unmatched technical specs.

SEC Charges Former BlackRock Portfolio Manager with Undisclosed Conflict of Interest

Retrieved on: 
Thursday, January 5, 2023

Washington, D.C.--(Newsfile Corp. - January 5, 2023) - The Securities and Exchange Commission today charged Randy Robertson, a former BlackRock Advisors, LLC portfolio manager, for failing to disclose a conflict of interest arising from his relationship with a film distribution company in which the fund he managed for BlackRock invested millions of dollars.

Key Points: 
  • Washington, D.C.--(Newsfile Corp. - January 5, 2023) - The Securities and Exchange Commission today charged Randy Robertson, a former BlackRock Advisors, LLC portfolio manager, for failing to disclose a conflict of interest arising from his relationship with a film distribution company in which the fund he managed for BlackRock invested millions of dollars.
  • To settle the charges, Robertson agreed to pay a $250,000 penalty.
  • Robertson, a co-portfolio manager of BIT, had a significant role recommending and overseeing BIT’s loans to the Aviron subsidiaries.
  • Without admitting or denying the SEC’s findings, Robertson agreed to a cease-and-desist order, a censure, and the $250,000 penalty referenced above.