- Buy Crypto
- Markets
- Futures
- Spot
- Copy Trade
Earn- More
YZi Labs has submitted a draft registration statement to the U.S. SEC, intending to expand the CEA Industries board and elect new directors.
BlockBeats News, November 28th, according to official sources, YZi Labs Management Ltd. stated that as a significant shareholder of CEA Industries Inc. (Nasdaq: BNC), it has submitted a preliminary consent statement to the U.S. Securities and Exchange Commission (SEC) seeking shareholder approval to expand the company's board of directors in writing to supplement the board with experienced and highly qualified directors.
YZi Labs stated that its investment in BNC was based on the company's strong fundamentals, a highly attractive BNB-centric digital asset treasury strategy, and the potential to become a leading Digital Asset Treasury (DAT) company. However, YZi Labs believes that since completing a $500 million PIPE financing this summer, although the company's primary treasury asset BNB has significantly appreciated, BNC's performance has deviated from the results that should have been brought by this investment logic.
"We believe that BNC's underperformance is a direct result of weak strategic execution, insufficient investor communication, and a lack of effective governance," said YZi Labs' spokesperson Ella Zhang. "We are seeking to expand the board and supplement it with experienced and highly capable directors, whom we believe can provide stronger oversight, address issues such as poor stock performance and operational gaps, and help unlock the value that should rightfully belong to shareholders. We look forward to introducing our nominated director candidates soon."
You may also like
Aperture Finance Faces $17 Million Loss in Blockchain Security Breach
Key Takeaways Aperture Finance suffered a substantial security breach, resulting in the loss of approximately $17 million across…
Gate Alpha Launches 150th ACU Points Airdrop
Key Takeaways Gate Alpha will initiate its 150th ACU points airdrop on January 26 at 17:00 (UTC+8). The…
U.S. Government Shutdown Threat Impacts Bitcoin and Crypto Markets
Key Takeaways The risk of a U.S. government shutdown has surged, with predicted odds now approaching 80% as…
Former Alameda CEO Released from Custody After 440 Days
Key Takeaways: Caroline Ellison, former CEO of Alameda Research, has been released after serving 440 days in federal…
VF-26 Unveiled: Zoomex and TGR Haas F1 Team Enter New Phase of Collaboration in 2026
Key Takeaways The unveiling of the VF-26 race car marks a new phase in the TGR Haas F1…
40 Tournaments Per Year, 700 Million Viewers: How Fight.ID Is Leading Global Esports into Web3
Does the fan economy not work in Web3? Fight.ID wants to give it another try—using the UFC event cycle.
Analyzing the Impact of Cryptocurrency Regulations
Key Takeaways: Cryptocurrency regulations continue to evolve, impacting both global markets and individual investors. Rules and guidelines vary…
Why Does the Price Drop Every Time I Buy? Calculating the Growth Spiral of Memes from First Principles
NYSE Introduces Blockchain-Based Platform for Tokenized Stocks and ETFs
Key Takeaways The New York Stock Exchange is spearheading the development of a blockchain trading platform aimed at…
Why Can Coinbase Halt a CLARITY Act Vote with Just One Sentence?
Key Takeaways Coinbase CEO Brian Armstrong’s opposition to the Clarity Act halted a critical Senate vote, showcasing the…
Tether Freezes $182 Million in Assets in One Day, Is USDT Still a Neutral Coin?
Key Takeaways: Tether recently froze around $182 million USDT on the Tron blockchain, aligning with U.S. government sanctions.…
WEEX Crypto News and the Dynamics of API Access
Key Takeaways Managing API access effectively is crucial for seamless data extraction in cryptocurrency markets. Understanding rate limits…
Binance Airdrops $500,000 in BNB to Support Libya Flood Victims
Key Takeaways Binance has initiated a $500,000 BNB airdrop to support Libya’s flood-affected communities. The airdrop includes $100…
Grayscale’s Lawsuit Victory Over the SEC Pushes Bitcoin ETF Hopes
Key Takeaways Grayscale Investments has successfully overturned the SEC’s decision, advancing the prospect of converting its GBTC trust…
Binance Co-Founder Zhao Changpeng Donates 1,000 BNB for Earthquake Relief
Key Takeaways Binance co-founder, Zhao Changpeng, has contributed a significant 1,000 BNB for disaster relief efforts in Thailand…
Traveling? ‘Evil Twin’ WiFi networks can steal crypto passwords
Key Takeaways “Evil Twin” WiFi attacks occur when hackers mimic legitimate WiFi networks to steal sensitive user data.…
How AI Crypto Trading Will Transform Human Roles
Key Takeaways AI is revolutionizing crypto trading by automating data-heavy tasks, yet humans still retain key decision-making responsibilities.…
First Zero, First Revival: A Real Story from the WEEX Global AI Trading Hackathon Preliminary Round
WEEX Labs, the innovation arm of the global crypto exchange WEEX, launched the preliminary round of its flagship AI trading hackathon, AI Wars: WEEX Alpha Awakens, on January 12, 2026. Backed by world-class sponsors including AWS, the prize pool has reached $1.88 million, with a Bentley Bentayga S awaiting the champion in Dubai. Already, 788 elite teams worldwide are battling for a spot in the finals. This is more than a hackathon — it is a real-market stress test for AI trading. Registration remains open until January 18. If you want your AI to face real volatility, this is your moment.
Aperture Finance Faces $17 Million Loss in Blockchain Security Breach
Key Takeaways Aperture Finance suffered a substantial security breach, resulting in the loss of approximately $17 million across…
Gate Alpha Launches 150th ACU Points Airdrop
Key Takeaways Gate Alpha will initiate its 150th ACU points airdrop on January 26 at 17:00 (UTC+8). The…
U.S. Government Shutdown Threat Impacts Bitcoin and Crypto Markets
Key Takeaways The risk of a U.S. government shutdown has surged, with predicted odds now approaching 80% as…
Former Alameda CEO Released from Custody After 440 Days
Key Takeaways: Caroline Ellison, former CEO of Alameda Research, has been released after serving 440 days in federal…
VF-26 Unveiled: Zoomex and TGR Haas F1 Team Enter New Phase of Collaboration in 2026
Key Takeaways The unveiling of the VF-26 race car marks a new phase in the TGR Haas F1…
40 Tournaments Per Year, 700 Million Viewers: How Fight.ID Is Leading Global Esports into Web3
Does the fan economy not work in Web3? Fight.ID wants to give it another try—using the UFC event cycle.
App