The SEC issued dozens of subpoenas to investigate initial coin offerings. Fortune Senior Writer Jen Wieczner explains what this crackdown means for the cryptocurrency market.
"This is something that is on everyone's mind," says Wieczner. "I think its going to be largely a good thing. People in the ICO space say this is going to give them some clarity."
Wieczner says ultimately this crackdown can weed out bad actors in this emerging market.
As the pandemic recedes, ride-hailing apps are back in full swing, but it hasn't come without a price. Uber and Lyft are both facing historic driver shortages. More than half of Uber and Lyft drivers stopped driving during the pandemic, leading to longer wait times and surging prices. For more on this Christof Baumbach, CEO, ride-hailing app, Wingz joined Cheddar's 'Fast Forward: Life After Covid-19.'
