Robinhood
ARK Invest Sells $5.26M Coinbase Shares as Price Hits 19-Month High
The Ark Fintech Innovation ETF sold 43,956 COIN shares and bought $1.2 million worth of Robinhood stock on Monday.
U.S. Crypto Stocks Ride BTC Momentum in Pre-Market Trading
COIN, MSTR, HOOD and mining stocks all showed upward movement in pre-market trading after bitcoin rose to its highest level in 18 months.
Robinhood to Expand Crypto Trading Into EU, Plans to Start UK Brokerage
The crypto trading platform for EU will open in "coming weeks," said the company.
What Crypto Can Learn From Regulatory Overhauls at PayPal, Robinhood and Revolut
Regulatory oversight is a force of legitimacy and stability for businesses with new ideas, Flowdesk's Anne-Sophie Cissey writes.
Robinhood Crypto General Manager Focused on 'Removing the Barrier to the Crypto Space'
Robinhood recently added wallet support for bitcoin and dogecoin, increasing the breadth of its crypto wallet beyond the Ethereum ecosystem. Robinhood Crypto General Manager Johann Kerbrat shares insights into the trading platform's crypto journey and the latest trends in user activity.
Robinhood to Buy Back Sam Bankman-Fried's Stake for $605.7M
The 55 million HOOD shares were owned by Sam Bankman-Fried and fellow FTX co-founder Gary Wang through Emergent Fidelity Technologies
Robinhood’s Crypto Wallet Adds Bitcoin and Dogecoin
The company is also beginning to roll out Ethereum swaps.
Robinhood and Jump Trading No Longer Have Crypto Partnership: Source
The retail broker’s entry into crypto several years ago was powered by Jump Trading, which is a giant in traditional financial markets.
Robinhood Crypto Revenue Fell 18% Sequentially to $31M in Q2
In June, the trading platform ended support for all tokens named as securities in the SEC lawsuits against crypto exchanges Binance and Coinbase.
Robinhood Lays Off 7% of Full-Time Staff in Third Round of Job Cuts Since April 2022: WSJ
Robinhood (HOOD) has shed 7% of its full-time staff, or about 150 employees, in a third round of layoffs since April 2022, according to The Wall Street Journal. This comes as the trading platform delists Cardano (ADA), Polygon (MATIC) and Solana (SOL), tokens that the SEC named as securities in its recent lawsuits against Binance and Coinbase. "The Hash" discusses Robinhood's recent business decisions.
