Robinhood Crypto Head to Depart
Christine Brown spent five years at the popular, no-commission trading platform. Source link
Robinhood
Robinhood Testing Crypto-Wallet Feature in App: Report — CoinDesk
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Robinhood expects revenue increase despite drop in PFOF in Q2
It looks like payment for order flow is becoming less important to the now-public stock and crypto brokerage Robinhood, according to data compiled by The Block. During the second quarter of the year, Robinhood reported in a 606 filing with the Securities and Exchange Commission that it brought in $217 million from payment for order …
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FTX kicks off trading for pre-IPO Robinhood contract
FTX has opened up trading of a new derivative contract tied to Robinhood ahead of the trading app’s initial public offering. Robinhood submitted its S-1 to go public at the end of March. FTX CEO Sam Bankman-Fried hinted back in December that the exchange might launch a pre-IPO Robinhood contract. It wouldn’t be the first …
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Almost 2000 Robinhood accounts hacked: Report
Hackers have compromised “almost 2,000” Robinhood Markets Inc trading accounts in the recent cyberattacks spree that have stolen funds from crypto users, according to anonymous sources who provided the estimated figures. While Robinhood has not yet made the news public, it did however send a push notification to its users this week that encouraged them …
The Robinhood Chad Index Versus Doomer Internet Money
This week, the wildest, most nonsensical, volatile part of the market wasn’t bitcoin, it was the “Robinhood Rally” in equities. The stock market has long been disconnected from the underlying economy, but much of what happened this week – particularly the pumping of bankrupt company stocks – suggests that something new is afoot. In this episode, …
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Robinhood scores $280 million in Series F fundraise, and it’s promising to scale the platform
Equities and crypto brokerage firm Robinhood announced Monday the completion of a $280 million Series F fundraise, following earlier reports on the firm’s latest raise via Bloomberg and the Financial Times. The fresh capital brings the unicorn’s valuation to $8.3 billion, according to an announcement of the raise. Led by Sequoia Capital, the funding round closed at …