Fractional stocks go to pot as FTX lists tokenized cannabis shares

FTX is “weeding out the competition” with its new selection of tokenized stocks. Cryptocurrency derivatives exchange FTX has announced it is growing its line of tokenized stock offerings, with the addition of five cannabis-related businesses. The Wednesday announcement, tweeted by FTX and Alameda Research CEO Sam Bankman-Fried, came in a haze of ex-hemp-lary (sorry) marijuana […]

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Crypto-friendly trading app Robinhood faces lawsuit from securities regulators

The Commonwealth of Massachusetts plans to sue Robinhood for alleged violation of state laws and regulations not related to crypto. Massachusetts securities regulators are reportedly preparing to file a complaint against a major cryptocurrency-friendly trading platform, Robinhood. According to a Dec. 16 report by the Wall Street Journal, Massachusetts regulators alleged that Robinhood’s marketing illegally […]

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Kraken announces Lightning Network integrations for 2021

Kraken will integrate the Lightning Network to support instant Bitcoin transfers and reduced withdrawal fees. Major U.S.-based cryptocurrency exchange Kraken has announced on Wednesday that it will integrate the Bitcoin (BTC) Lightning Network in 2021. Kraken emphasized that the integration will drive significant improvements in speed and fees, claiming Lightning allows Bitcoin “to process millions of […]

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