Warren Buffett Warns Of ‘Casinolike’ Behavior In Markets As Coinbase Crashes Because Of ‘Heightened Traffic’ From Its ‘Robinhood Moment’

Warren Buffett cautioned he’s seeing signs of excess in markets, likening their price action to a casino. “For whatever reasons, markets now exhibit far more casinolike behavior than they did when I was young,” Buffett told Fortune magazine. While he might’ve been talking about stock markets, even more volatility in the crypto markets caused Coinbase …

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Coinbase scrambles to restore digital wallets after some customers saw $0 in their accounts

SEC cracks down on cryptocurrencies SEC cracks down on cryptocurrencies, suing Binance and Coinbase 04:23 Coinbase apps are “recovering” after some customers opened their digital accounts to find them showing zero balances, CEO Brian Armstrong said Wednesday afternoon.  The cryptocurrency exchange acknowledged the issue earlier Wednesday after users reported difficulties making trades and that their accounts were …

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