Robinhood
Robinhood Crypto Settles with California for $3.9M Over Withdrawal Issues
Robinhood Markets’ crypto arm settled with the State of California for $3.9 million, resolving allegations that the platform halted crypto withdrawals for almost four years. This marks the California Department...
Coinbase vs. Robinhood: The Next Big FinTech Showdown
DeFi researcher Michael Nadeau predicts a fierce competition between Coinbase and Robinhood in the coming years. The two fintech giants are battling for dominance across various crypto sectors, from trading...
Whale Moves $11M Worth DOGE to Robinhood Amid 24-Hour Trading Halt
Dogecoin (DOGE), the world’s largest meme coin by market capitalization and one of the best performing digital assets in the 2021 crypto market bull run, has been relatively quiet during...
Robinhood Expands European Footprint with Acquisition of Crypto Exchange Bitstamp
Robinhood Markets has agreed to acquire Bitstamp, a cryptocurrency exchange, for $200 million in cash. This acquisition marks Robinhood’s largest deal to-date and as part of its expansion into cryptocurrency...
Robinhood Rolls Out Solana Staking in Europe, Offering 5% APY
Prominent American trading platform Robinhood Crypto has launched Solana (SOL) staking for its European customers. Robinhood announced this development in a press statement dated Wednesday, May 15. Emphatically, European users...
SEC’s Crypto Crackdown Persists Despite Industry Compliance Efforts: What’s Next?
The SEC’s intense legalistic activity targeting both large and small, has become a prominent feature of the regulatory landscape. Recently, Robinhood found itself in the crosshairs of the U.S. Securities...
Crypto Industry Reacts Over The SEC’s Wells Notice to Robinhood
Renowned crypto lawyer Bill Morgan thinks there is a lot of bad blood between the crypto industry and the U.S. Securities and Exchange Commission (SEC) that could degenerate into a...
Can Legal Battles Secure the Future of Crypto in the US?
The future of crypto in the United States is shrouded in uncertainty due to the ongoing regulatory difficulties American crypto companies face. As a result, leading crypto businesses are moving...
Uniswap Adopts Robinhood Connect for Crypto Transactions
On Monday, Uniswap, a major decentralized exchange (DEX), disclosed its new partnership with renowned crypto trading platform Robinhood. Robinhood announced this news on its X platform, saying, “Robinhood Connect is...
Crypto Investigator Alleges Robinhood’s Involvement in Illicit Fund Flow
TruthLabs, a prominent crypto sleuth, has raised suspicions regarding the potential role of Robinhood, a U.S.-based clearing house, in facilitating the movement and acceptance of illicit cryptocurrency funds. Citing Sunil,...
Robinhood’s Q4 Report Raises Concerns Over Young Investors Trading
CBNC’s ‘Mad Money’ host Jim Cramer recently expressed mixed feelings about Robinhood’s fourth-quarter performance. While acknowledging the increase of young investors in the market, Cramer voiced concerns regarding the substantial...
2023 Q4 Marks Robinhood’s Second Profitable Quarter Since Its Launch
In an astounding revelation, financial giant Robinhood unearthed the remarkable 24% growth in the company’s net revenue in the fourth quarter of 2023. The report marked 2023 Q4 as the...
Robinhood Shares Plans to Launch in the UK: Third Time Lucky?
The online trading and investment platform Robinhood shared on its official X page today that it will be making its way to the United Kingdom (UK) in early 2024. This...
Robinhood Hires a New UK CEO in Its Third Attempt to Launch Abroad
Robinhood has recently hired Jordan Dane Sinclair for the position of CEO for its UK expansion which is planned to take place by the end of this year. This is...
Smart Money Investor Prepares To Utilize Altcoin Market Downturn
Lookonchain revealed earlier today that an address deposited millions of USDT to Binance. .The analysis firm believes the address could be gearing up to buy altcoins at the market bottom....
Massive Transfers of MATIC from Robinhood to Coinbase and Binance
OxScope tweeted that a whopping 22.52 MATICs were moved from a Robinhood address. 19.22 million MATICs were transferred to Cumberland and B2C2 and finally reached Binance and Coinbase. The MATICs...
Robinhood May Narrow Crypto Offerings in Response to SEC Actions
In the wake of recent actions by the U.S. Securities and Exchange Commission (SEC), Robinhood Markets Inc. is reassessing its cryptocurrency offerings. Dan Gallagher, Robinhood’s legal chief, and a former...
Crypto Exchange Robinhood Announces Connect to Elevate Web3 Access
Trading platform Robinhood Markets has announced the launch of “Robinhood Connect,” a feature that allows users to fund their Web3 wallets without leaving a decentralized app (dapp) or being in...
Ark Invest Continues to Add Shares of Coinbase and Robinhood
Ark Invest, the American-based asset management company owned by Cathie Wood, added more stocks from the leading crypto exchanges Coinbase and Robinhood to its portfolio of funds, yesterday. Reportedly, around...
Robinhood Plans To Buy Back Shares From SBF, Negotiations Underway
The Board of Directors at Robinhood Markets Inc. has approved the plan to buy back $55 million in shares bought by Sam Bankman-Fried (SBF), ex-CEO of bankrupt FTX, last year....
Robinhood Offers $5 Each to Over 1M iOS Users To Access New Wallet
Robinhood Markets, Inc., a financial services company headquartered in California, has launched its Web3 Wallet, rolling out to over 1 million users on its waitlist. Robinhood general manager Johann Kerbrat...
Robinhood Wallet Mobile App Opens Up To 1 Million Candidate Users
Today, the company debuted the Robinhood Wallet app for smartphones, which enables users to view owned NFTs, as well as swap and transfer cryptocurrency. According to Robinhood, it is currently...
Simon Dixon Tweets on SBF’s Ownership Claim on Robinhood Shares
Simon Dixon, the CEO, and co-founder of the online investment platform BankToTheFuture.com tweeted today that it is not surprising if Sam Bankman-Fried, the former CEO of the fallen crypto firm...
Robinhood Stocks Down By 20% Following FTX Acquisition News
Binance announces it will buy rival cryptocurrency exchange FTX. Robinhood stocks fall by 20% trading around $9.74. Sam Bankman-Fried might sell his 7.6% stake in Robinhood. After the news of...
Robinhood, Coinbase Find Refuge in Interest Income Amid Market Changes
The U.S. Federal Reserve’s rate increases are expected to result in higher interest income for Coinbase Global Inc. and Robinhood Markets Inc. Central banks throughout the world have been desperately...
