Financial services company Robinhood Markets received a subpoena from the U.S. Securities and Exchange Commission (SEC) regarding the company’s crypto custody services and supported cryptocurrency ass...
Tag: Robinhoods
Coinbase is not competing with Robinhood’s stock trading function
Coinbase, one of the most popular crypto exchanges, recently revealed how much negative impact the past 12 months have incurred. Coinbase boasts the capability of becoming the most popular crypto exc...
Dogecoin in Robinhood’s Custody Reaches $2,800,000,000+ As Trading App Denies Formal Partnership With Twitter
Retail trading giant Robinhood now holds more than $2.8 billion worth of Dogecoin (DOGE) for its customers, according to Dogecoin Whale Alert. The DOGE-transaction tracker reports that the trove in Ro...
Robinhood’s crypto trading revenue dips 24% in Q4, along with most everything else
Robinhood saw transaction revenue fall in the fourth quarter from the previous period, including a 24% decline in cryptocurrencies, while a slew of other numbers also took a turn lower. The firm also ...
Robinhood’s Twitter Account Hacked to Promote Scam Token on BNB Chain
Alex Dovbnya Some users were tricked into buying a fraudulent cryptocurrency by the compromised Robinhood account The official Twitter account of the commission-free trading app Robinhood has been hac...
Robinhood’s Twitter Hacked, Used to Promote Scam Token
Robinhood is a platform well-known for its user-friendly approach to stocks, allowing them to make investments quickly in a variety of ways. It also enables them to buy crypto and is a household name ...
Robinhood’s Twitter account hacked to promote shady RBH token sale
The official Twitter account of commission-free investment platform Robinhood has suffered a possible hack, with bad actors using it to promote a fake crypto project. The account shared a tweet on Jan...
Dogecoin (DOGE) Coming Next On Robinhood’s Crypto Wallet
Robinhood is finally entering the crypto wallet business with the company announcing the launch of the Robinhood Wallet today; a smartphone app that enables users to trade & transfer digital asset...
Citi Downgrades Robinhood’s Stock From Buy to Neutral
Exchange News The analyst said the timeline is “uncertain” at this point. Shares of HOOD had their price objective cut by Christopher Allen and Ygal Arounian. Robinhood Markets (HOOD) stock was downgr...
Analysis of Robinhood’s Q3’22 Earnings
November 4, 2022, 9:18PM EDT • 4 min read Quick Take On November 2, 2022, Robinhood reported Q3’22 earnings Launched Robinhood Wallet, their self-custody Web 3 wallet to the first 10,000 customers of...
Robinhood’s Crypto Revenue Dropped by 12% Last Quarter
As the valuation of cryptocurrencies wanes across the board, so do the revenues of platforms dealing with them. Although primarily a stock trading platform, Robinhood added crypto to its portfolio bac...
Robinhood’s crypto revenue headed for a loss in the third quarter
Robinhood released its third quarter report of this year. The third quarter 2022 of this platform ended on September 30, 2022. On November 2, Robinhood, an online trading brokerage released its ...
What is Robinhood’s price outlook after the quarter results?
Robinhood Markets Inc. (NASDAQ:HOOD) reported third-quarter earnings on November 2 amid mixed expectations. A Fed rate decision on Wednesday was keenly watched as growth stocks have been worst hit in ...
Robinhood’s Crypto Revenue Fell 12% in Q3
Key Takeaways Robinhood saw its cryptocurrency transaction revenue fall 12% to $51 million during the third quarter of 2022 . The company nevertheless reported growth in other areas and saw lower-than...
The Impact of Robinhood’s Polygon Selection For Its Web3 Wallet On Bitcoin Dominance
Web3.0 is becoming a concept heard about daily, thus, captivating all within the crypto sphere. People want to understand its complexities, especially when it comes to its impact on digital transacti...
Robinhood’s Sudden Price Change After The SEC Report –
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Robinhood’s Traders Are Leaving and Its Stock Has Sunk: What Went Wrong
Investor’s Business Daily Eight Stocks Turned $10,000 Into $94,116 In 8 Months Making money in the S&P 500 got tougher again in August. But not impossible. All told, had you invested $10,000...
Over 1,000,000 Crypto Customers on Waitlist for Robinhood’s Highly-Anticipated Web3 Wallet
Robinhood CEO Vladimir Tenev says the number of people who want to get early access to the retail trading platform’s Web3 wallet has already surpassed 1 million. The California-based firm opened a wai...
Commentary on Robinhood’s Q2’22 Earnings
August 4, 2022, 11:45AM EDT • 6 min read Quick Take Vlad Tenev, Robinhood Co-founder & CEO, affirms no desire to sell the business Announced ~23% headcount reduction amidst declining share price a...
Robinhood’s CEO to eliminate 23% of staff, says, “This is on me.” –
Robinhood, an online brokerage company, will eliminate approximately one-fourth of its working staff The reason for this step mentioned a huge crypto market collapse. On Tuesday, the chief executive ...
NY State Financial Regulator in Slaps Robinhood’s Crypto Division with a $30M Fine – crypto.news
The New York state financial watchdog has levied a $30 million fine against Robinhood’s cryptocurrency division for allegedly breaking cybersecurity and anti-money laundering laws. This is the latest ...
Robinhood’s Crypto Unit Fined $30M by New York Regulator
The crypto division of online trading platform Robinhood has been fined $30 million by the New York State Department of Financial Services (NYDFS) for allegedly breaking anti-money-laundering and cybe...
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). The sanctions came...
New York financial regulator fines Robinhood’s crypto division $30M
The New York Department of Financial Services, or NYDFS, has announced a $30 million penalty on Robinhood’s cryptocurrency arm for alleged violations related to anti-money laundering, cybersecurity an...
Robinhood’s Crypto Trading Unit Fined $30 Million in Landmark Case
The crypto trading unit for Robinhood has been fined $30 million by the New York State Department of Financial Services (DFS) in a landmark case for the regulator. The multi-million dollar fine comes ...
Robinhood’s Crypto Department Got Fined For Violations; Here’s What We Know
Robinhood’s crypto related activities have been on an expansion but it has now been charged with regulatory violation. The recent-most regulatory concern was surrounded around violating anti-money lau...
Robinhood’s Crypto Arm Hit With $30 Million Fine By State Regulator
Topline New York’s financial regulator has fined Robinhood’s cryptocurrency subsidiary $30 million after an investigation which the agency says found the company broke anti-money laundering and cybers...
Analysis of Robinhood’s Comments at Goldman Sachs US Financial Services Conference
December 10, 2022, 5:02PM EST • 2 min read Quick Take On December 7, Robinhood presented at Goldman’s U.S. Financial Service Conference Gave updated view on digital asset operations and strategy in t...