hood
Robinhood's Crypto Unit Slammed With $30M Fine
The digital currency arm of a commission-free brokerage firm, Robinhood Crypto has been slammed with a fine of $30 million by the New York Department of Financial Services (NYDFS)
Burger King Offers Free Crypto Rewards via New Chain’s App
Through a partnership with RobinHood, Fast food chain enterprise Burger King has launched a new free crypto reward program to its customers.
Breaking: Robinhood Buys Back $605.7 Million Stake from Sam Bankman-Fried in U.S. Government Deal
Robinhood Markets has finalized a $605.7 million share repurchase agreement with the US Marshal Service, acquiring 55.3 million shares of Emergent Fidelity Technologies, which has received approval from the U.S. District Court for the Southern District of New York.
Robinhood Crypto Launches Staking and Localized Apps for European Market
Robinhood Crypto introduces localized apps, staking, and updated Learn & Earn modules for European customers, strengthening its foothold in the region.
Robinhood to Participate at J.P. Morgan Global Technology, Media and Communications Conference 2024
Robinhood Markets, Inc. will present at the J.P. Morgan Global Technology, Media and Communications Conference on May 21, 2024.
Robinhood to Acquire Bitstamp in $200M Deal to Bolster Global Crypto Presence
Robinhood's acquisition of Bitstamp aims to expand its crypto offerings and global footprint.
Robinhood Markets Reports Strong Growth in May 2024 Operating Data
Robinhood Markets sees significant growth in key metrics for May 2024, including customer base, assets, and trading volumes.
Robinhood (HOOD) to Release Q2 2024 Earnings on August 7
Robinhood Markets, Inc. (NASDAQ: HOOD) will announce its Q2 2024 financial results on August 7, 2024, with an earnings call scheduled for the same day.
Vitalik Buterin Discusses the Pros and Cons of Biometric Proof of Personhood
Vitalik Buterin explores the complexities and potential benefits of decentralized biometric proof-of-personhood systems, touching on privacy, security, and centralization concerns.
Robinhood (HOOD) Sees Record Revenues and Subscriber Growth in Q2 2024
Robinhood Markets, Inc. reported Q2 2024 financial results, showcasing record revenues, increased net deposits, and significant subscriber growth.
Robinhood Markets, Inc. Reveals July 2024 Operating Metrics
Robinhood Markets, Inc. (NASDAQ: HOOD) reports July 2024 operating data, highlighting growth in funded customers, assets under custody, and trading volumes.
Robinhood Markets (HOOD) to Present at Goldman Sachs Conference
Robinhood Markets, Inc. (HOOD) announced its participation in the Goldman Sachs Communacopia + Technology Conference on September 10, 2024.
Robinhood Markets to Release Q3 2024 Financial Results on October 30
Robinhood Markets, Inc. will announce its Q3 2024 financial results on October 30, 2024, followed by an earnings call.
Robinhood Schedules Inaugural Investor Day for December 2024
Robinhood plans its first Investor Day on December 4, 2024, in New York City, aiming to share its future vision and engage with investors.
Robinhood Markets Reports Significant Growth in October 2024 Metrics
Robinhood Markets, Inc. (NASDAQ: HOOD) released its October 2024 operating data, noting substantial growth in funded customers, assets under custody, and trading volumes across various sectors.
Robinhood Markets Posts Strong Q3 2024 Financial Results
Robinhood Markets, Inc. (NASDAQ: HOOD) reports a 36% increase in Q3 2024 revenues, reaching $637 million, with significant growth in transaction-based revenues and a substantial rise in net income.
Robinhood's Crypto Wallet Goes Live, Allowing Crypto Withdrawals for First 1,000 Users
Robinhood’s crypto wallet is officially live, allowing the first 1,000 users to make crypto withdrawals.
Robinhood to Roll Out New Features for Dogecoin and Other Cryptocurrencies as GameStop Hearing Looms
Robinhood announced its intention to implement cryptocurrency deposits and withdrawals.
Worldcoin Whitepaper Analysis: Revolutionizing Digital Identity and Global Finance
Worldcoin aims to establish a global "proof of personhood" system using custom biometric hardware, as outlined in its newly released whitepaper.
Zero-commission Trading Platform Robinhood is Valued at $32B amid IPO Prices at $38 per Share
The popular stock and cryptocurrency platform Robinhood's IPO is valued at $38 per share at the low end of the previously estimated price range of $38-$42. The company's market value is up to $32 billion.
ARK Invest Intensifies Investment in Robinhood
ARK Invest, led by Bitcoin enthusiast Cathie Wood, increased its stake in Robinhood, buying 1.1 million shares worth over $9.5 million in a single day. The investment was distributed across three ARK ETFs, with ARKK acquiring the majority.
Robinhood Wallet Joins Forces with Arbitrum (ARB) to Enhance Layer 2 Access
Robinhood Wallet partners with Arbitrum to offer users seamless swaps on Layer 2, enhancing DeFi accessibility and experience.
Ethereum Co-Founder Vitalik Discusses Worldcoin's Biometric Proof of Personhood
Ethereum's Vitalik Buterin explores Worldcoin's biometric proof-of-personhood, discussing its potential value, applications, and challenges such as privacy, accessibility, and centralization.
BlockFi Will Submit Assets And Liabilities For Bankruptcy On January 11
BlockFi will show assets, obligations, and pre-bankruptcy payments. After its first bankruptcy hearing in November, the business contacted 106 buyers. The U.S. Department of Justice confiscated over 55 million Robinhood shares worth $450 million. BlockFi claimed shares.
Robinhood to Pay Less Than Half of Initial Bid for Crypto Firm Ziglu
Nasdaq-listed financial services platform, Robinhood Markets Inc has lowered its bid for United Kingdom-based crypto fintech firm, Ziglu in light of the current realities in the digital currency ecosystem
Robinhood Explores New Feature to Protect Investors from Crypto Fluctuations
Zero-commission financial trading platform Robinhood is exploring a new feature designed to protect investors from price fluctuations during the process of investing in cryptocurrency trading.
Robinhood Introduces Cryptocurrency Recurring Investments
Robinhood has introduced a new feature that allows its crypto users to automatically acquire as little as a $1 worth of cryptocurrency of their choice on a monthly, weekly or even daily basis.
Robinhood Receives Investigative Subpoena from SEC Over Crypto Business
Robinhood disclosed in a recent 10-K filing that it received an investigative subpoena from the SEC in December 2022 regarding its supported cryptocurrencies, custody of cryptocurrencies, and platform operations. The subpoena was in response to the bankruptcies of several major cryptocurrency trading venues and lending platforms earlier in the year, including FTX, Three Arrows Capital, Voyager Digital Holdings, and Celsius Network. This follows previous subpoenas from the California Attorney General's Office and scrutiny from the Massachusetts Securities Division. Robinhood's crypto division was also fined $30 million by the New York District of Financial Services in August 2021 for failing to invest the proper resources and attention to develop and maintain a culture of compliance.
eToro and Robinhood Modify U.S. Cryptocurrency Offerings Amidst Regulatory Changes
The global cryptocurrency landscape is witnessing significant shifts, with leading trading platforms, eToro and Robinhood, adjusting their U.S. cryptocurrency offerings. Both platforms are responding to the rapidly evolving regulatory environment in the United States, affecting popular cryptocurrencies such as Algorand (ALGO), Decentraland (MANA), Dash (DASH), Polygon (MATIC), Solana (SOL), and Cardano (ADA).
Robinhood CEO Vladimir Tenev Criticizes Wells Notice Despite Strong Q1 Earnings
Robinhood CEO Vladimir Tenev expressed disappointment over a recent Wells notice during the company's Q1 earnings call. Despite facing regulatory challenges, Robinhood reported a 224% increase in crypto trading volumes, contributing to nearly 40% of its transaction-based revenue. The firm recorded its second consecutive profitable quarter with a net income of $157 million.
Robinhood Plans to Roll out Beta Version of Crypto Wallet Feature in Jan 2022
Cryptocurrency and stock trading application Robinhood stated that it will start the beta phase of cryptocurrency wallets in mid-January 2022.
Two Ex-Robinhood Employees Launch New Remittance Service Atlantic Money
High remittance fees charged by the existing fintech ‘challenger’ platforms are some of the issues that prompted Atlantic Money to launch its money transfer service. The platform promises to facilitate cheaper and more efficient remittances.
Robinhood Announces Acquisition of AI-Powered Investment Firm Pluto Capital
Robinhood acquires Pluto Capital, an AI-driven investment research firm, to enhance its services, providing personalized strategies, data analytics, and real-time financial insights.
Equities Up, Crypto Down: Robinhood's May 2023 Trading Data and Upcoming Crypto Delisting
Robinhood Markets Inc., the popular trading platform known for democratizing investing, has released its operating data for May 2023, showing an increase in both equity and options trading but a decline in cryptocurrency trading.
Cathie Wood's Ark Invest Offloads Coinbase & Robinhood Shares
A trading filing showed Wall Street veteran Cathie Wood's Ark Invest has sold more than 1.4 million shares of Coinbase and $500,000 worth of Robinhood shares recently amid the crypto market downturn.
Robinhood Warns About Potential for Significant Decline in Retail Trading, Particularly in Crypto Business
Expecting to conduct IPO next week, Robinhood warns its revenues in Q3 ending in September to be lower compared to Q2 ended in June.
Jul 24 Trading Analysis: What Bloodbath?
Despite stonk's bloodbath, BTC managed to close higher on the day with some short squeeze liquidation through $9600 level. I am actually surprised that we are still trading at current levels, would only be a matter of time that we see us retracing back some of its gains, which was why I said yesterday, we need to continue to monitor the momentum of capital into BTC.
Jul 30 Trading Analysis: The Running of the BTC Bulls
- BTC trading resiliently around the $11k mark with open interest across global exchanges hitting $5 billion, a level not seen since February this year. - Overnight, no surprises from the U.S. Fed who left interest rates near zero and vowed to use all its tools to support the recovery from an economic downturn that Chair Powell called the most severe “in our lifetime.” - Trade strategy: Think we have got some momentum going as rotation from DeFi and precious metals investors as well as even day traders from the U.S. (think Robhinhood).
Jul 23 Trading Analysis: If only Robinhood has ETH listed
Trade strategy: Buy out of the money BTC and ETH calls; BTC 10 to 10.5k calls and ETH 300 to 350 calls for the next few weeks. Let's not get ahead of ourselves; whether we actually FOMO and chase, we will have to monitor for continued "recycled capital" and hopefully fresh inflows to keep the MoMo going,,,,,
Shiba Inu Rises 13% as Robinhood Petition Passes 300,000
Shiba Inu rose 13% following an uproar for Robinhood Markets Inc to add the token to its platform. The token has gained more than 40 million % over the past year.
Robinhood's Shares Tumble 15%, Posts $423M Net Loss
Robinhood Markets Inc's shares tumbled 15% in after-hours trade as the commission-free brokerage firm saw a $423 million net loss in the last quarter.
Robinhood's Crypto Revenue Collapse, Records 78% Decrease in Q3
Robinhood Markets Inc’s crypto trading revenue has been staggering. Its crypto revenue totalled $233 million in Q2 and $51 million in Q3, marking a 78% decrease compared to the previous quarter.
Robinhood Lays Off 9% Workforce, Shares drop
Robinhood is laying off 9% of its full-time workforce, CEO Vlad Tenev announced, as the shares of the company's stock hit a new low.
Robinhood Announces Planning to Buy British Crypto Platform Ziglu
Nasdaq-listed commission-free stock trading platform, Robinhood has signed an agreement to acquire UK-based crypto assets firm Ziglu.
Cathie Wood’s Ark Invest Purchases $79.4M of Robinhood Shares after Crypto Price Fall
Bitcoin and crypto believer Cathie Wood’s fund has bought approximately $79.4 million of Robinhood shares (approx. 2.29 million shares).
Robinhood Seeks Sanctions Investigators ahead of Self-Custody Crypto Wallet Launch
Robinhood is hiring more specialists to work in the finance crimes compliance unit as the platform may be broadening its offerings.
Robinhood Acquires Cross Crypto Exchange Trading Platform Cove Markets
Robinhood announced the acquisition of Cove Markets, a cross-exchange trading platform, joining Robinhood crypto.
Robinhood Silently to Test Crypto Wallets & Crypto Transfer Functions
According to a Bloomberg report, Zero-commission financial trading platform Robinhood is low-profile testing new crypto wallet features for its customers, which will allow users to send and receive cryptocurrencies.
Robinhood Taps Chainalysis to Enhance Crypto Compliance
Robinhood has announced to pair with Chianalysis by getting compliance tools to enhance its crypto trading app ahead of the rollout of its crypto wallet.
Robinhood to Plan Testing Cryptocurrency Wallets, Speeding up Crypto Territory Escalation
Robinhood Markets is extending its reach in the growing cryptocurrency market and now plans to test its cryptocurrency wallets. The so-called crypto wallets will give customers more ability to own and spend crypto coins.
Robinhood Files for US IPO, Says Crypto Transactions Accounts for 17% of Revenue
Robinhood has filed for a public listing, and crypto has a prominent feature on the platform's business.
FTX Denies Making Internal Deliberations on How to Acquire Robinhood
Sam Bankman-Fried’s FTX Derivatives Exchange is reportedly making internal deliberations on how to acquire Nasdaq-listed brokerage firm Robinhood Markets Inc.
Robinhood Lists USDC as First Stablecoin on Trading Platform
Robinhood has adopted the second-largest stablecoin for trading transactions.
Chinese Robinhood Futu & Tiger Brokers To Expand Crypto Trading Abroad
Two Chinese online brokerages Futu and Tiger Brokers reportedly intend to expand their business into the crypto trading market abroad against stock competitors app, like U.S-based Robinhood.
Robinhood Officially Rolls out Crypto Wallet
Robinhood rolls out a crypto wallet, providing access to more than 2 million customers on the waiting list for the digital product, Chief Product Officer Aparna Chennapragada announced.
Around 1.6 Million Users Now on Robinhood's Crypto Wallet Waitlist
Robinhood Markets announced that 1.6 million people are on the waitlist for its cryptocurrency wallet; the figure is up from 1 million just a few weeks ago.
Robinhood Rolls Out Tokens Offerings, Adding SOL, SHIB, MATIC & COMP
To meet customer requests for a broader selection of cryptocurrencies, American financial services company Robinhood has listed Shiba Inu, Solana, Polygon and Compound.
eToro Plans to Launch Debit Card in UK Ahead of Robinhood
As US-based investment app Robinhood delays its launch in UK indefinitely, eToro has revealed that it is planning to launch its debit cards for UK customers.
Robinhood Compromised as Dark Web Hackers Allegedly Hold More Than 10K Login Keys
More than 10,000 Robinhood trading accounts have allegedly been hacked, and despite customer complaints, it appears as though the firm has been slow to act.
Robinhood's Top Crypto Executive Announces Departure
Crypto executive Christine Brown, who was overseeing Robinhood's cryptocurrency initiatives, is leaving the brokerage firm, she confirmed via her Twitter account.
What Is Balancer?
Released in March 2020, Balancer is an Ethereum-based automated market maker (AMM) that enables users to earn fees by providing liquidity and trading.