Nasdaq Launches Digital Assets Business To Provide Institutional Crypto Custody Service
On Tuesday, Nasdaq (NASDAQ: NDAQ), the United States’ second-largest stock market operator, announced the launch of ‘Nasdaq Digital Assets,’ a new business that will run the company’s digital asset ecosystem. The new unit aims to enable broader institutional participation by providing institutional-grade solutions that focus on enhanced custody, liquidity, and integrity. “Nasdaq Digital Assets builds […]
David Garofalo: “Gold Will Go Up Violently”
Joining SmallCapSteve this afternoon is David Garofalo, Chairman & CEO of Gold Royalty Corp (NYSE: GROY). Today, Steve and David sit down to discuss the August CPI print, the recent rate hike, and the Fed. Next, they dive into his read on the future of gold, investor sentiment, and what it would take for investors […]
California Is Saying Goodbye To Natural Gas Heaters By 2030
California is making bold strides in any aspect it can to achieve its climate agenda. The state’s latest move involves phasing out gas-fueled furnaces and heaters by 2030. In a proposal unanimously approved by the California Air Resources Board, the state will ban the sale of all new natural gas-powered furnaces, space heaters, water heating […]
Netflix’s Principal Accounting Officer Resigns After Three Months
After just three months on the job, the principal accounting officer at Netflix is resigning from his position. According to a regulatory filing submitted with the SEC on Friday, Ken Barker submitted his resignation as Netflix’s principal accounting officer effective October 7, 2022. The filing only alluded that the decision was a personal one, and […]
Lawmakers Urge Treasury Secretary To Allow Musk’s Starlink To Provide Internet In Iran
A bipartisan group of lawmakers recently wrote to Treasury Secretary Janet Yellen to allow Elon Musk’s Starlink to provide internet service in heavily sanctioned Iran. Iran’s government restricted internet service to control dissent in the midst of widespread protests after a young woman died in the custody of its morality police. Led by Representatives Claudia […]
‘Gas To Guns’: Russia Demands Energy Ministry Employees To Sign Up For Mobilization, But Gazprom Gets A Free Pass
In a move short of desperation, Moscow is conscripting draftees for President Vladimir Putin’s partial military mobilization from seemingly anywhere it can, including the Ministry of Energy. The ministry is reportedly demanding all of its employees to show up and sign up at military recruitment offices, some of whom were allegedly taken straight from work. […]
First Phosphate Taps Research Group To Study Lac à l’Orignal As Clean Phosphate Source For Electric Vehicle Battery
First Phosphate announced on Wednesday that it has partnered with Pufahl Research Group at Queen’s University to determine the economic viability of the Lac à l’Orignal deposit as a source of clean phosphate. The resource is meant to supply the Lithium Iron Phosphate (“LFP”) battery industry for electric vehicles. The partnership will see the group […]
Cathie Wood Abdicates Manager Role at Two Ark ETFs
It appears Cathie Wood may finally have had enough of her poorly-performing investment funds, and is handing the reins off to someone else. According to a regulatory filing, the Ark founder abdicated her portfolio manager position at two of the company’s ETFs, ARK 3D Printing ETF valued at around $196.7 million, and ARK Israel Innovative […]
CoinSmart To Sell Operating Subsidiary For Cash, Shares Of Private Company
CoinSmart Financial (NEO: SMRT) last night revealed it will be selling off a wholly owned operating subsidiary. The company has entered into an arrangement with Coinsquare, whereby it will sell off its Simply Digital Technologies subsidiary. The arrangement will see the subsidiary acquired for an estimated figure of $29 million, made up of both cash […]
Snow Lake Lithium Enters MOU With LG Energy Solutions For Supply Of Lithium
Snow Lake Lithium (NASDAQ: LITM) appears to have the hot news of the day, announcing this morning that the lithium explorer has entered into a non-binding memorandum of understanding with that of LG Energy Solutions, a major global producer of electric vehicle batteries. The memorandum of understanding is being billed as a next step in […]