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Longfin Gets The T-12 Halt, SEC Obtains Emergency Freeze Of $27M In Stock Sales
Friday, April 6, 2018 - 11:15am | 406The bizarre story of Longfin Corp (NASDAQ: LFIN) took another crazy turn Friday. Shares were halted on a Nasdaq T-12 code after soaring nearly 50 percent within minutes of the opening bell. Background Back in December, Longfin's stock soared from under $10 a share to north of $140 in...
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Longfin CEO Tries To Defend Company: Shorts Are 'Going To Destroy Us'
Thursday, April 5, 2018 - 10:27am | 505The bizarre story of Longfin Corp (NASDAQ: LFIN) continued on Wednesday evening when CEO Venkat Meenavalli made a return appearance on CNBC for the first time since his controversial interview back in December. Background The story starts in December when Longfin acquired blockchain business...
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Here's Why Longfin Crashed 40% Today
Tuesday, March 27, 2018 - 4:02pm | 590Longfin Corp (NASDAQ: LFIN)’s run in the Russell 2000 Index came to an abrupt and unexpected end this week, sending shares plummeting and investors wondering what actually happened. Adding to the curious nature of Longfin’s short-lived run in the Russell index is the timing of a couple...
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Today In Blockchain: Pareteum, China Information Technology, Longfin, Riot Blockchain
Monday, January 22, 2018 - 3:17pm | 352Bitcoin and blockchain continues to dominate headlines across both Main Street and Wall Street with many companies changing their entire business structure to the growing industry. At least four companies Monday announced a business update or partnership related to blockchain. Pareteum Corp (NYSE:...
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LongFin CEO Talks Stock's Huge Run, Ziddu Coins: 'We Don't Deserve This Market Cap'
Monday, December 18, 2017 - 7:13pm | 482Longfin Corp (NASDAQ: LFIN) is on a pretty incredible two-day run, moving from under $10 a share to north of $140. What gives? The company announced Friday it acquired Ziddu.com, a blockchain-empowered solutions provider that offers microfinance lending against collateralized warehouse receipts in...