Cathie Wood’s ARK Invest dumps $36M of Robinhood stock
ARK’s $36 million Robinhood sale came amid the stock price surging more than 100% year-to-date and posting multiyear highs. Go to Source
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Experts hint Donald Trump consider Robinhood exec to lead SEC: Report
Dan Gallagher, a former SEC commissioner, was one name former regulators reportedly said a Trump administration may consider to chair the securities regulator. Go to Source
Robinhood Crypto Launches Crypto Transfers for European Users
Robinhood Crypto has introduced a major new feature for European users, allowing them to deposit and withdraw over 20 different cryptocurrencies. The new crypto transfer service includes a limited-time 1% deposit match. With this launch, the platform also reinforces its focus on self-custody, security, and decentralized finance (defi) accessibility. Robinhood Crypto Rolls Out Crypto Transfers … Read more
US trading app Robinhood launches ‘crypto transfers’ in Europe
Robinhood users in Europe can now deposit and withdraw crypto using external wallets and exchanges like Binance. Go to Source
Robinhood, Revolut eye entry into the stablecoin market — Report
Both Robinhood and Revolut are reportedly considering issuing their own stablecoins as the industry continues to expand. Go to Source
FTX pencils deal to access $600M in Robinhood shares
FTX debtors will pay Emergent $14 million to cover administrative expenses in exchange for the firm withdrawing any claims to $600 million in Robinhood shares and cash. Go to Source
Robinhood reaches $3.9M settlement over blocked crypto withdrawals
Robinhood Crypto LLC has agreed to pay $3.9 million to settle claims it failed to let customers withdraw cryptocurrency from their accounts between 2018 and 2022. Go to Source
Robinhood Reports 161% Surge in Q2 Crypto Revenue
Robinhood Markets announced a record-breaking $682 million in revenue for the second quarter, highlighting a 161% rise in cryptocurrency revenue. Robinhood’s assets under custody also saw a 57% increase, driven by key acquisitions and the rising value of both equities and cryptocurrencies. Robinhood Reports Record Q2 2024 Revenues Driven by Cryptocurrency Trading Robinhood Markets, Inc. … Read more
Robinhood says its 24-hour trading ‘currently operating’
Introduced in May 2023, the Robinhood 24-hour market service allows customers to invest on their own schedule. Go to Source
Judge nods Robinhood’s $9M ‘refer-a-friend’ lawsuit settlement
Robinhood has settled a long-running class-action lawsuit in Washington that involved unsolicited text spamming via its ‘refer-a-friend’ program. Go to Source
