Day: February 9, 2023

In a public dissent, SEC commissioner Hester Peirce rebuked her agency’s approach to crypto regulation, questioning whether the “hostile” regulator was right.

These are the stocks posting the largest moves after the bell.

Coinbase shares fell after SEC action against rival Kraken, and from prior comments from CEO Brian Armstrong on the dangers of restricting crypto staking.

Crypto exchange Kraken will settle with the SEC for $30 million and close its staking operation, which the SEC alleged was an unregistered offering.

Yahoo will lay off more than 20% of staff, or around 1,600 workers, with the company’s Yahoo for Business being slashed in half, the company …

These are the stocks posting the largest moves in midday trading.

Tether on Thursday said it generated $700 million of profit in the December quarter, which the firm has used to boost its reserves.