The New York State Department of Financial Services (NYDFS) imposed a $30 million fine on the crypto trading unit of Robinhood on Aug. 2. The fine is due to an alleged violation of cybersecurity and a...
Tag: Robinhoods
Robinhood’s users can now transfer Bitcoins
The retail commerce firm proclaimed on Twitter it currently lets all users transfer bitcoin and cryptocurrencies in and out of its platform. Retail trading app Robinhood has enabled bitcoin transfers ...
Robinhood’s Stock Is Now Worth Less Than Its Cash on Hand
(Bloomberg) — Robinhood Markets Inc. shares slumped to a fresh low on Wednesday, giving the beleaguered brokerage a market value that’s less than the cash on its balance sheet. Most Read from Bl...
Robinhood’s former crypto boss raises $8 million for NFT platform
Floor — an upstart project in the non-fungible token (NFT) market — announced on Wednesday the close of a Series A funding round. Born out of founder Chris Maddern’s own frustration with managi...
Charlie Munger celebrates Robinhood’s ‘unraveling’ after a disastrous quarter, calls the investing platform ‘disgusting’
The Berkshire Hathaway annual shareholder meeting in Omaha usually contains interesting remarks from Warren Buffett and his longtime right-hand man, vice chairman Charlie Munger. The first in-person e...
Robinhood’s Crypto Revenue Rises in Q1 Despite Overall Downturn
In brief Robinhood reported net revenues of $299 million for Q1 2022, including $54 million for its crypto business. The firm announced on Tuesday that it would lay off 9% of its employees due to slow...
RobinHood’s Crypto Revenue Slumps 39%, Cautious Traders To Blame?
Trading app Robinhood said on Thursday revenue from its crypto trading unit slumped 39% in the first quarter, as volatile markets kept traders at bay. Revenue from the app’s crypto division came in at...
Robinhood’s Q1 Revenue Tumbles 43%, Narrowed Losses
Robinhood (Nasdaq: HOOD) announced a 43 percent decline in its total net revenue for the first quarter of 2022 as retail trading demand dropped drastically. The quarterly revenue figure came in at $29...
Robinhood’s Troubles Could Get Worse As Stock Hits Record Low Amid Layoffs And Looming Quarterly Earnings
Topline Shares of stock trading app Robinhood lost roughly 4% on Wednesday—hitting a new record low—after the company laid off a chunk of its workforce, with analysts warning that troubles could still...
Jack Dorsey Trades Words With Robinhood’s CEO Over His Suggestions to Make Dogecoin “Currency of Internet”
– Advertisement – Dorsey is not comfortable with Tenev’s efforts to make Dogecoin the people’s currency over Bitcoin. Despite the positive comments that followed Robinhood’s Vladimir Ten...
Robinhood’s CEO, Elon Musk, and DOGE Co-Founder Billy Markus Discuss Improving Dogecoin – Coinotizia
On Thursday, following Robinhood’s listing of shiba inu, the co-founder and CEO of Robinhood, Vladimir Tenev, spoke about dogecoin being the future currency of the internet on Twitter. Tenev’s Twitter...
Robinhood’s CEO, Elon Musk, and DOGE Co-Founder Billy Markus Discuss Improving Dogecoin – Bitcoin News
On Thursday, following Robinhood’s listing of shiba inu, the co-founder and CEO of Robinhood, Vladimir Tenev, spoke about dogecoin being the future currency of the internet on Twitter. Tenev’s Twitter...
Robinhood’s new SOL-mate goes shopping in search of liquidity
A lot of cryptocurrencies might think they’re too cool for the centralized crowd, but a little mainstream acceptance can be nice, and four crypto assets discovered just that as they were listed on the...
Shiba Inu and Solana among the cryptocurrencies to be added in Robinhood’s exchange
Robinhood has added new pages for four cryptocurrencies to be traded Shiba Inu, blockchains Solana and Polygon, and DeFi loaning convention Compound have made the list Shiba Inu is the most preferre...
Bitcoin Is Robinhood’s Top Recurring ‘Buy’ Asset, Ethereum And Dogecoin Also Make The Top 10
Robinhood logo displayed on a phone screen is seen in this illustration photo taken in Krakow, Poland on June 29, 2021 (Photo Illustration by Jakub Porzycki/NurPhoto via Getty Images) NurPhoto via Get...
Robinhood’s top crypto exec is leaving
Robinhood’s top crypto executive is departing after nearly five years with the California-based brokerage app company, according to people familiar with the situation. Christine Brown, who joine...
Robinhood’s Top Crypto Executive Announces Departure
Crypto executive Christine Brown, who was overseeing Robinhood’s cryptocurrency initiatives is leaving the brokerage firm, she confirmed via her Twitter account. Brown had spent five years at the comp...
Robinhood’s Crypto COO Leaves, Founds New Crypto Startup
Robinhood Markets, Inc., a financial services company based in California, will see its Chief Operating Officer for Crypto, Christine Brown, leave the firm after almost five years of leading its crypt...
What are the Crypto Incentives with Robinhood’s new Debit Card?
Prominent financial service provider firms unveil the crypto incentives of the upcoming newly launched debit card In a rapidly evolving time in the financial world, such as at present, it’s getting to...
Robinhood’s New Debit Card to Offer Crypto Rewards
In brief A new “Cash Card” will replace Robinhood’s existing debit card and offer rewards. The card will let users “round up” to invest in crypto and other investments. R...
Popular Trading App Robinhood’s Global Expansion Will Be ‘Crypto First’ – Coinotizia
Popular trading app Robinhood has revealed that its international expansion will be “crypto first.” The company said from the regulatory standpoint, crypto is “probably the easiest way to go global.” ...
Popular Trading App Robinhood’s Global Expansion Will Be ‘Crypto First’ – Exchanges Bitcoin News
Popular trading app Robinhood has revealed that its international expansion will be “crypto first.” The company said from the regulatory standpoint, crypto is “probably the easiest way to go global.” ...
Robinhood’s Legal Executive Touts Crypto Wallets
Alex Dovbnya Robinhood has already started gradually rolling out cryptocurrency wallets During a recent interview with Bloomberg, Robinhood Chief Legal Officer Dan Gallagher expressed great excitement...
Robinhood’s Crypto Revenue in Q4 Declined Compared to Q3
The American financial services firm – Robinhood – announced that its cryptocurrency trading revenue for the fourth quarter of 2021 totaled $48 million. In comparison, this volume equaled $51 million ...
Robinhood’s Shares Tumble 15%, Posts $423M Net Loss
Robinhood Markets Inc’s shares tumbled 15% in after-hours trade as the commission-free brokerage firm saw a $423 million net loss in the last quarter. Robinhood said it lost $0.49 per share in the thr...
Robinhood’s Newly Launched Cryptocurrency Wallet Attracts 2 Million Users
Robinhood, an American financial services company known for its popular trading app, has recently launched Crypto Wallets. Investors showed deep interest in the new product in an interview at Bloomber...
Robinhood’s Crypto Wallet Goes Live, Allowing Crypto Withdrawals for First 1,000 Users
Robinhood’s crypto wallet is officially live, allowing the first 1,000 users to make crypto withdrawals. Last November, Robinhood Markets has announced that 1.6 million people are on the waitlist for ...
Mark Cuban and Robinhood’s CEO join Seashell’s $6 million raise
Seashell, a startup building an investment app to offer high yields, has raised $6 million in a seed funding round. Khosla Ventures and Kindred Ventures co-led the round, with Coinbase Ventures, Solan...
Opinion: A 27-year-old truck driver just became Robinhood’s first big headache of 2022
Less than a week into the new year, a 27-year-old truck driver from Connecticut might have given Robinhood HOOD, -1.76% a whole new thing to be worried about in 2022. On January 6, an arbitrator for t...