Robinhood Financial News
11.07 / 20:49
markets
Robinhood
defi
Cardano
Bitcoin Price
network
Cardano network activity and ADA’s oversold price action hint at a powerful breakout
Caradano’s native gas-paying token ADA received a big blow at the start of June when the SEC regarded it as a security in its lawsuit against Binance and Coinbase.
27.06 / 04:11
business
Robinhood
Investments
cryptocurrency investment
Stock Investment
Time
Robinhood to axe 7% of full-time staff in latest round of layoffs: Report
Online brokerage firm Robinhood Markets will reportedly lay off roughly 150 full-time staff — 7% of its total workforce — in its third round of layoffs in just over a year.
22.06 / 21:33
business
Robinhood
credit cards
FinTech
Robinhood buys credit card fintech X1 for $95M
Crypto and stock trading app Robinhood has taken a new step to diversify its business portfolio by acquiring the credit card startup X1 in a $95 million deal. The fintech firm offers an income-based credit card with rewards, along with free trial and single-use credit cards.
16.06 / 03:09
Blockchain
Robinhood
Trading
Derivatives
Options trading: This derivatives exchange wants to become the Robinhood of crypto
Cryptocurrencies have revolutionized the way society perceives and trades assets, offering new opportunities for investors and traders alike. While traditional methods of buying and selling digital currencies have gained popularity, the market for crypto trading instruments is continually evolving.
12.06 / 15:01
09.06 / 22:05
business
Law
Binance
Robinhood
SEC
coinbase
lawsuits
Support
end
Robinhood will end support for 3 tokens named in SEC lawsuits
Cryptocurrency and stock trading app Robinhood announced it will be ending support for Cardano, Polygon and Solana — all tokens labeled as unregistered securities by the United States Securities and Exchange Commission (SEC) in its recent legal actions against crypto exchanges Binance and Coinbase.
09.06 / 15:39
Robinhood
Cardano
SEC
Polygon
SOL
Robinhood Delists Cardano, Polygon and Solana Following SEC Labeling Them As Securities
Brokerage firm Robinhood has decided to delist Cardano, Polygon and Solana after the US Securities and Exchange Commission said those three were securities in its charges against two large crypto exchanges this week.
07.06 / 08:47
Binance
Robinhood
SEC
coinbase
SEC Crackdown Spurs Robinhood to Review Its Crypto Operations
Popular brokerage firm Robinhood is reconsidering its cryptocurrency offerings after the Securities and Exchange Commission took action against two major digital asset trading platforms earlier this week.
06.06 / 17:10
Robinhood
CFTC
regulation
SEC
coinbase
us government
Congress
Coinbase, Robinhood, CFTC to testify in Congress over draft crypto bill
Coinbase, Robinhood, and representatives from the United States commodities regulator are set to testify before Congress on June 6 to discuss a newly proposed crypto bill.
11.05 / 00:39
business
Robinhood
Trading
Report
Robinhood's Q1 crypto revenue drops 30% from the previous year
First quarter results are in for cryptocurrency and stock trading app Robinhood, with the company reporting a 30% year-on-year revenue drop for its crypto trading business.
03.05 / 21:13
Law
Robinhood
regulation
Trading
Returns
Robinhood returns to court to defend position in case brought by US state regulator
Lawyers representing cryptocurrency and stock trading app Robinhood faced off against those for the secretary of the commonwealth of Massachusetts over the legality of a state regulation that could affect how the company markets itself to potential investors.
27.04 / 21:57
business
Robinhood
coinbase
Web3
Consensus
Bitcoin
Robinhood launches fiat-to-crypto on-ramp for self-custody wallets and DApps
The launch of "Robinhood Connect," a fiat-to-crypto on-ramp featuring support for decentralized applications (DApps) and self-custody wallets, was announced at Consensus 2023 on April 27.
06.04 / 19:39
Law
Robinhood
regulation
Trading
settlement
US state regulators announce $10M settlement with Robinhood ‘for failing investors’
The California Department of Financial Protection and Innovation said that the company behind cryptocurrency and stock trading platform Robinhood will likely pay more than $10 million in penalties “for operational and technical failures that harmed main street investors.”
09.02 / 04:29
business
Adoption
Robinhood
wallet
Report
fees
transactions
Fried
Sam
stake
Robinhood board gives nod to buy Sam Bankman-Fried's $578M stake
Robinhood’s board of directors has approved a plan to buy back the $578 million stake in their company which was bought by former FTX CEO Sam Bankman-Fried and FTX co-founder Gary Wang last year.
26.01 / 13:45
Binance
Robinhood
Social Media
security
scam
Fraud
Robinhood’s Verified Twitter Account was Hacked and Started Promoting a Crypto Scam – This is What Happened Next
Attackers hacked into major US online trading platform Robinhood's social media accounts to promote a scam token. Binance CEO Changpeng Zhao soon said that the account linked to the incident had been locked.
25.01 / 22:11
21.01 / 13:21
Robinhood
FTX
Silvergate
DOJ
Fried
Sam
Federal Prosecutors Seize Sam Bankman-Fried Assets Worth $700m, Including Silvergate Bank Accounts
Federal authorities have confiscated approximately $700 million worth of assets belonging to the disgraced FTX founder Sam Bankman-Fried, including three accounts at Silvergate Bank that held U.S. dollars.
09.01 / 20:09
Law
Robinhood
regulation
Department Of Justice
US DoJ
US DOJ announces seizure of 55M Robinhood shares
The United States Department of Justice has officially notified the court handling the bankruptcy of BlockFi that it has seized assets as part of the criminal cases against crypto exchange FTX and its executives.
09.01 / 19:09
Robinhood
FTX
DOJ
Fried
The DOJ Seizes $500M of Robinhood Shares Tied to Bankman-Fried
The US Department of Justice has retained control of the contested 56 million shares of Robinhood, a popular financial trading app, worth approximately $500 million.
06.01 / 21:23
Robinhood
regulation
FTX
Bankruptcy
Lawyers
Sam
Sam Bankman-Fried’s lawyers claim he needs Robinhood shares ‘to pay for his criminal defense’
The legal team for former FTX CEO Sam Bankman-Fried has filed a motion in an effort to stop the exchange’s debtors from controlling more than $450 million worth of shares of Robinhood.
05.01 / 02:37
Robinhood
regulation
FTX
Bankruptcy
US authorities are seizing $460M in Robinhood shares tied to FTX: Report
The United States Departure of Justice has reportedly seized or was in the process of seizing more than $400 million worth of Robinhood shares linked to FTX as part of the case against the crypto exchange.
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