The Securities and Exchange Commission (SEC) has launched a lawsuit against the cryptocurrency trading platform, Coinbase, accusing it of operating without appropriate registration.
MarginX, the world’s first community-based decentralized exchange (DEX), launches on the Function X blockchain today. It runs on a first-of-its-kind multi-chain and on-chain infrastructure that allows investors to trade with close to zero gas fees, ultra-high throughput and liquidity, and full ownership and transparency.
On Wednesday, the New York State Department of Financial Services released new guidelines regarding licensed cryptocurrency firms that issue stablecoins. These rules call for monthly independent audits and reserve requirements. The regulations arrive in the wake of Terra Luna's massive price plunge.
Famously, Warren Buffett once referred to all cryptocurrencies as “rat poison“. Don’t take the Sage of Omaha’s words as gospel just yet. Mr. Buffett seems to have had a change of heart. Warren Buffet‘s Berkshire Hathaway purchased $1 billion of stock in a digital banking institution that focuses on cryptocurrency. Berkshire Hathaway announced its crypto...