The CEO of Coinbase says that if they had done what the SEC asked, it would have been “the end of the crypto industry in the US.”

The CEO of Coinbase says that if they had done what the SEC asked, it would have been “the end of the crypto industry in the US.”

ByNews Desk

Before it sued the company in June, the Securities and Exchange Commission asked Coinbase to stop dealing on all coins except bitcoin, the company’s CEO told the Financial Times. The SEC’s request meant that Coinbase, the biggest cryptocurrency exchange in the US, had no choice but to go to court, said CEO Brian Armstrong. He…

The 99-year-old trucking company Yellow goes out of business, putting 30,000 people out of work

The 99-year-old trucking company Yellow goes out of business, putting 30,000 people out of work

ByNews Desk

Yellow Corp., a trucking company that has been in business for 99 years and was once the best in its field, stopped running on Sunday and will let all of its 30,000 employees go. The organized company and the Teamsters union, which covers about 22,000 drivers and dock workers at the company, have been fighting….