Cardano
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.
Robinhood Ending Support for Tokens Named in SEC Lawsuit as Securities
Robinhood (HOOD), the popular trading platform, is ending support for Cardano (ADA), Polygon (MATIC) and Solana (SOL), three tokens that the SEC named securities in its recent lawsuits against Binance and Coinbase. OANDA Senior Market Analyst of The Americas Edward Moya discusses what Robinhood's delisting of these tokens could mean for bitcoin (BTC).
Bitcoin Could Reach $40K By End of Year: Analyst
Edward Moya, OANDA Senior Market Analyst of The Americas, discusses why he thinks bitcoin (BTC) could end the year around the $40,000 level, citing the recent macroeconomic backdrop and the recent flurry of spot bitcoin ETF filings in the U.S. Plus, Moya addresses the possible market reaction to Robinhood ending support for Cardano (ADA), Polygon (MATIC) and Solana (SOL).
ADA Falls After SEC Lists Token as Security in Lawsuits Against Binance and Coinbase
Cardano (ADA) fell 14% this week after it was listed as a security in the U.S. Securities and Exchange Commission's lawsuits against crypto exchanges Binance and Coinbase. This comes as Cardano development company IOG dismissed the SEC's claims in a blog post, saying the allegations have no impact on operations and that the filing quote contains numerous factual inaccuracies. CoinDesk's Jennifer Sanasie presents "The Chart of the Day."
Robinhood Ends Support for Some Tokens Named in SEC Lawsuit as Securities
Robinhood (HOOD), the popular trading platform, will end support for Cardano (ADA), Polygon (MATIC) and Solana (SOL), tokens that were named as securities in recent SEC lawsuits against Binance and Coinbase. Separately, Binance.US says it's transitioning to an all-crypto exchange as of June 13, citing pressures from the SEC. The Hash" panel discusses how the crypto industry is impacted by the regulator's recent actions.
Cardano Network Recovers After Short-Lived Node Outage
The Cardano network had a brief outage on Sunday that was automatically fixed within minutes with no singular root cause determined as of writing time, developers wrote in a GitHub post. Cardano’s native ADA token is up nominally in the past 24 hours. "The Hash" panel discusses what this suggests about the resilience of Cardano.
The Significance of Cardano’s Big Change
Here's what you should know about the Cardano Vasil upgrade as it completes the first phase. This story and other news shaping the cryptocurrency world in this episode of "The Daily Forkast."
Cardano’s Vasil Hard Fork Expected to Go Live This Week
The Cardano blockchain will carry out its much-anticipated Vasil hard fork, a backward-incompatible upgrade taking place on the main network. “The Hash” panel discusses how the fork is intended to enrich smart contract capabilities, increase the chain’s throughput and reduce costs.
