Tag: robinhood

Jan 23 2023

Dogecoin Whales Scoops Over 500M DOGE, Price To Rally Over $0.1 Again?

The largest Dogecoin whale has moved over 165 million DOGE tokens this weekend. Several whales scooped large amounts of DOGE tokens as sentiment turned...

Jan 20 2023

Shiba Inu Gets Another Boost As Robinhood Launches Wallet

Shiba Inu has been seeing a major upside since the crypto market began its recovery rally, but there may be more in store for the altcoin. A major update from the crypto and stock trading platform has once again put the meme coin in the spotlight and provided another boost for it. Robinhood Wallet Will Support Shiba Inu On Thursday, the General Manager...

Jan 17 2023

What Is Robinhood’s Latest Venture “Sherwood” All About?

Jan 17 2023 Published at Coingape under tags  news robinhood united states

On January 17, Robinhood Markets Inc., the U.S.-based retail trading platform, announced its newly formed media-focused subsidiary...

Jan 14 2023

The Chopping Block: Why Gemini Users Are Mad at Genesis and DCG – Ep. 443

Welcome to “The Chopping Block!” – where crypto insiders Haseeb Qureshi, Robert Leshner, Tom Schmidt, and Tarun Chitra chop it up about the latest news. Show topics: Haseeb’s TL;DR of the ongoing situation between DCG, Genesis and Gemini whether DCG committed fraud because of a misrepresentation of its financials why DCG did Genesis a favor by absorbing the losses from exposure to Three...

Jan 09 2023

DOJ Seizes Another $490M from Sam Bankman-Fried

Jan 09 2023 Published at Crypto Briefing under tags  doj ftx news robinhood sam bankman-fried

Despite Sam Bankman-Frieds best efforts, the DOJ has decided to seize the Robinhood shares the FTX whiz kid bought through Emergent Fidelity Technologies. $490 Million Seized Two months after FTXs...

Jan 05 2023

US Department of Justice To Seize FTX’s $465 Million in Robinhood Shares

In a Delaware bankruptcy court proceeding, the US Justice Department declared that it had captured custodial rights of $450 million in Robinhood shares from FTX. The procurement of Robinhood shares was first disclosed in late December when several court records were released publicly. Based on those reports, Bankman-Fried and FTX co-founder Gary Wang loaned...

Nov 29 2022

BlockFi sues former FTX CEO over Robinhood shares

Summary: The crypto lender filed a complaint in New Jersey regarding Sam Bankman-Fried's Robinhood shares. SBF pledged his Robinhood shares to BlockFi as part of an agreement on November 9, the lender filed this week hours after declaring chapter 11 bankruptcy. Bankman-Fried's 7.6% stake in Robinhood was purchased in May for $600 million. Bankrupt crypto lender BlockFi submitted a lawsuit against FTX founder...

BlockFi Files for Bankruptcy, Sues Sam Bankman-Fried for His Robinhood Shares

Weeks after suspending withdrawals, the crypto lending firm BlockFi filed for bankruptcy on November 28

BlockFi sues Sam Bankman-Fried over shares in Robinhood

Bankrupt cryptocurrency lender BlockFi is suing FTX's Bankman-Fried’s investment company Emergent Fidelity Technologies to turn over its $575M stake in Robinhood as collateral it agreed to pay. Sam Bankman-holding Fried's firm has been sued by now bankrupt cryptocurrency lending business BlockFi for the shares of Robinhood that Bankman-Fried promised as collateral earlier this month. Just […] The post...

Nov 17 2022

Robinhood Reports 80% Drop in Crypto Trading Volumes

Robinhood Markets, Inc. (NASDAQ:HOOD), a major US commission-free stock trading and investing app, has reported a visible decline in active users, managed assets and crypto trading volumes in October 2022 compared to the same period a year earlier.

On Thursday, the zero-fee

Nov 10 2022

Robinhood without Direct Exposure to Alameda and FTX, Says CEO

The share price of NASDAQ-listed zero-free trading app, Robinhood (ticker:HOOD) fell sharply for the second day in a row due to the cryptocurrency market turmoil caused by FTX, a digital asset platform owned by Sam Bankman-Fried. Robinhood's CEO, Vlad Tenev, tries to calm down concerned investors and...

Nov 09 2022

Robinhood Shares Drop 20% After FTX Turmoil

The share price of NASDAQ-listed zero-free trading app Robinhood (ticker:HOOD) fell 19% on Tuesday after information that Binance, one of the leading cryptocurrency exchanges, agreed to acquire FTX, a crypto platform owned by, a soon-to-be former billionaire, Sam Bankman-Fried.

The sharp price drop occurs amid...

Nov 03 2022

Robinhood Reports Loss of $175m in Q3 2022, Crypto Revenue Declines

Robinhood, a major US commission-free stock trading and investing app, reported a net loss of $175 million during the third quarter of 2022. Although the company's transaction-based revenues increased slightly, the cryptocurrency sector generated a substantial decrease.

According to the popular no-fee trading app's quarterly report, total net revenues stood at $361 million, which is an increase of 14%...

Nov 02 2022

Robinhood’s Crypto Revenue Fell 12% in Q3

Nov 02 2022 Published at Crypto Briefing under tags  news robinhood

Robinhood saw reduced crypto transaction revenue in Q3 despite posting lower- than-expected losses overall. Robinhood Crypto Revenue Falls to $51M Robinhood's crypto transaction revenue is down. According to a press release,...

Oct 24 2022

Popular Trading Exchange Robinhood lists Aave And XTZ On Their Platfom

Oct 24 2022 Published at Ethereum World News under tags  aave altcoin news news robinhood

Stock and crypto trading app Robinhood lists Aave and XTZ on their trading platform. Robinhood now supports 19 cryptocurrencies in total including memecoins such as DogeCoin and Shiba Inu. Robinhood's shares jumped 14% on rumors that of acquisition from Sam Bankman Fried. Stock trading app Robinhood listed Aave and XTZ on their commission-free trading platform today. Aave is a DeFI lending protocol that...

Oct 22 2022

Just-In: Robinhood Listing Terra Classic (LUNC)? Community Reacts

Oct 22 2022 Published at Coingape under tags  altcoin news news robinhood terra classic

Commission-free stock and crypto trading platform Robinhood asked crypto Twitter the crypto they want to get listed next on the platform. Several crypto communities jumped in to mention their favorite cryptocurrencies, including the Terra Classic community asking to list the LUNC token. The Terra Classic community is also running a... Read more

Sep 27 2022

Just-In: Robinhood Launches Self-Custody Web3 Wallet, A Boost For Listed Crypto?

Sep 27 2022 Published at Coingape under tags  cryptocurrency wallets news robinhood

The commission-free trading platform Robinhood on Tuesday announced the launch of a beta version of its self-custody, Web3 wallet called Robinhood Wallet. Users can now trade and swap crypto with no network fees and access the decentralized web. The wallet will support Polygon as the first blockchain network. Robinhood Introduces... Read more

Sep 21 2022

Robinhood Markets Adds USDC to Its Crypto Lineup

Sep 21 2022 Published at Coinscreed under tags  ethereum markets news robinhood usdc

On Wednesday, users will be able to move the stablecoin from the Robinhood Polygon network and the Ethereum network. Circle's USDC stablecoin is now available to retail traders through the online broker Robinhood Markets (HOOD). This happened on Tuesday. In a tweet, the company said that the service would also be transferable on the Polygon […] The post...

Sep 20 2022

Robinhood Adds USDC to Crypto Listings

Sep 20 2022 Published at Crypto Briefing under tags  circle news robinhood usdc

Trading platform Robinhood is adding USD Coin (USDC) to its selection of tradable assets. Robinhood Introduces USDC Robinhood customers will soon have access to USDC. According to a tweet from...

Sep 01 2022

Breaking: Vasil Hard Fork Month Starts With Robinhood Listing Cardano (ADA)

Commission-free investing app Robinhood on Thursday said it has listed Cardano (ADA). Users can now buy and sell Cardano (ADA) without additional...

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