Tags : Robinhood


Cryptocurrency

Robinhood April Cuts ‘Did Not Go Far Sufficient’, Says CEO

Robinhood, the beleaguered stock-trading app whose gamified consumer interface introduced crypto and “meme-stock” buying and selling into the mainstream final yr, is shedding 23 p.c of its workers, the corporate announced Tuesday.  The decline within the worth of cryptocurrencies, together with inflation, have been among the many causes, the corporate mentioned.  Robinhood cuts workers, once […]Read More

Cryptocurrency

Robinhood Crypto Slapped With $30M Effective by New York Regulators

The New York Division of Monetary Companies has fined Robinhood Crypto $30 million for a number of regulatory violations. The division concluded after an investigation that the corporate had failed to keep up correct cybersecurity measures or fulfill anti-money laundering obligations. Robinhood Crypto was present in violation of the division’s laws for digital forex, cash […]Read More

Regulation

Why Christine Brown Left Robinhood for an NFT App

Robinhood has had a risky journey within the crypto enterprise. The short-swipe inventory buying and selling app launched in 2013, and did not add crypto for 5 years. It began with Bitcoin and Ethereum buying and selling solely in February 2018, then in July added Litecoin, Bitcoin Money, and Dogecoin—and acquired main blowback for the […]Read More

Bitcoin

gm: Christine Brown Left Robinhood to Go Full NFT

gm: Christine Brown Left Robinhood to Go Full NFT Christine Brown left her perch as Robinhood Crypto COO on the finish of March to launch a brand new crypto enterprise. Now she has introduced her new gig: Co-founder and COO at Ground, a token-gated NFT portfolio app that has raised an $8 million seed spherical. […]Read More

Litecoin

Sam Bankman-Fried Buys 7.6% Stake in Robinhood

Sam Bankman-Fried, CEO of crypto trade FTX, has purchased a considerable 7.6% stake in inventory and crypto buying and selling app Robinhood, in line with a submitting as we speak with the U.S. Securities and Alternate Fee. Information of the acquisition despatched Robinhood shares hovering by over 30% in after-hours buying and selling. As of […]Read More

Regulation

Coinbase Execs Dismiss Discuss of Robinhood Acquisition

In short Coinbase executives blew off recommendations the corporate crew up with Robinhood. On an earnings name, the corporate made clear it intends to remain the course in constructing for the long run. Coinbase delivered disappointing outcomes on Tuesday, inflicting its inventory to plunge, however high executives advised on an earnings name that the corporate […]Read More

Regulation

Robinhood Provides Grayscale Bitcoin and Ethereum Trusts

For years, buying and selling app Robinhood listed only a handful of cryptocurrencies. Over the previous month, it is introduced that quantity to 11, and it is now additionally making out there two equities property tied to the worth of crypto. As of right now, Robinhood customers should buy and promote Grayscale Bitcoin Belief (GBTC) […]Read More