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Key takeaways: Crypto lender BlockFi filed for bankruptcy on Monday BlockFi secured a $400 million credit facility from FTX after...
Robinhood Markets, Inc. (NASDAQ:HOOD), a major US commission-free stock trading and investing app, has reported a visible decline in active users, managed assets and crypto trading...
Robinhood, a major US commission-free stock trading and investing app, reported a net loss of $175 million during the third quarter of 2022. Although the company’s...
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...
Members of the crypto community have cast their ballots, so to speak, and now we’ll find out whether or not their forecast was accurate. The consensus of...
After Robinhood Markets launched the company’s beta Web3 wallet on Tuesday and listed the stablecoin usd coin on the exchange platform Robinhood Crypto last week, the...
Key Takeaways Trading platform Robinhood is adding the USDC stablecoin to its list of supported cryptocurrency assets. Robinhood currently supports 18 other crypto assets, but USDC...
The ongoing cryptocurrency winter has triggered an overall decline in interest in centralized crypto exchanges (CEX), but some crypto trading platforms have seen a rise in...
Key takeaways: The New York State Department of Financial Services (NYDFS) has imposed a $30 million fine on Robinhood’s crypto division According to the NYDFS, Robinhood...
Robinhood announced it is reducing its staff by 23% (around 780 employees). Earlier this year Robinhood laid off 340 employees, which was 9% of its workforce....