CEXs Key to Retail Adoption Despite FTX Collapse
In the aftermath of FTX exchange’s collapse, which saw significant user fund losses, centralized cryptocurrency exchanges (CEXs) continue to play a crucial role in onboarding...
Tag : Robinhood
Robinhood Buys Bitstamp for $200 Million to Boost Crypto Services
by Cheryl Lee
In a significant move to strengthen its cryptocurrency presence, Robinhood has announced its acquisition of the Bitstamp cryptocurrency exchange for $200 million. This strategic purchase...
SEC Issues Wells Notice to Robinhood
by Bran Lopez
The United States Securities and Exchange Commission (SEC) has delivered a Wells notice to Robinhood, sending ripples through the trading platform’s market value. Following the...
Robinhood Emerges as Key Bitcoin Holder
The popular fintech broker, Robinhood, has quietly become a significant player in the cryptocurrency market. According to Coinbase director Conor Grogan, citing data from Arkham...
ARK Invest’s Strategic Portfolio Adjustments
by Anna Garcia
In a strategic move, ARK Invest, spearheaded by veteran investor Cathie Wood, has begun divesting significant portions of stock from the cryptocurrency-friendly broker-dealer Robinhood (HOOD)....
Robinhood Announces Exclusive NFT Giveaway in Collaboration with Notable.art
by Bran Lopez
US-based online trading platform Robinhood has unveiled an exclusive non-fungible token (NFT) giveaway in collaboration with Notable.art, a platform focusing on the convergence of digital...
Robinhood Unveils Their Crypto Presence in the European Market
by Cheryl Lee
In a strategic move to expand its global footprint, trading and brokerage firm Robinhood has announced the official launch of its cryptocurrency services for all...
Crypto Trading Slump: Robinhood Reports 55% Drop in Q3 Revenue
by Kevin Wilson
Robinhood, the popular investing app, has reported a significant drop in crypto trading revenue for the third quarter of 2023, continuing a trend seen throughout...
Robinhood Acquires 55 Million Shares from Former FTX CEO SBF
by Kevin Wilson
Robinhood, the cryptocurrency and stock trading platform, has officially acquired over 55 million shares previously held by the former CEO of FTX, Sam Bankman-Fried, also...
Robinhood Delists ADA, MATIC, and SOL Following SEC Labeling Them as Securities
by Kevin Wilson
Digital trading company Robinhood has announced its decision to discontinue support for three prominent cryptocurrencies, namely Cardano (ADA), Polygon (MATIC), and Solana (SOL), starting from...