Long Blockchain tried to ‘mislead investors,’ Nasdaq says

Long Blockchain Corp., the Farmingdale company formerly known as Long Island Iced Tea Corp., made “public statements designed to mislead investors and to take advantage of general investor interest in bitcoin and blockchain technology,” according to a delisting notice from the Nasdaq Stock Market.

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Bitcoin rebounds to three-week high

Bitcoin hit a three-week high overnight and has surged nearly 100 per cent from its lowest level this year, as its recovery continued after South Korea’s financial regulator eased its stance on cryptocurrencies, weeks after it considered shutting down digital currency exchanges.

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