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Search Results for: Robinhood

Is FTX Exploring Deals to Buy Robinhood?

Sam Bankman-Fried disclosed a 7.6% stake in Robinhood. Following the report, Robinhood surged over 14%. The cryptocurrency exchange FTX said to consider acquiring the digital trading platform Robinhood, a prominent Magazine reported on Monday. Robinhood has not yet received a formal notice from FTX of any such acquisition and there

June 28, 2022 2 mins read

Prominent Exchange Robinhood Announces Launch of Non-custodial Web 3.0 Wallet

Using Ethereum-based NFTs, the promotional video explains how they may be used. Like MetaMask, the wallet will allow storing private keys for crypto assets. Non-custodial cryptocurrency wallets for several blockchains are being developed by the popular trading platform Robinhood. Non-fungible tokens (NFTs) may be stored in the wallet, and it

May 19, 2022 2 mins read

Robinhood Set to Launch Its WEB3 Wallet With NFT Access

Crypto wallet to obtain all benefits of de-fi across platforms. Robinhood3 will be available for all by the end of the year. Vlad Tenev, Co-founder and CEO of Robinhood, screened the launch video at a Permissionless conference in Florida on May 17. Tenev believes that the new Robinhood3 wallet will

May 18, 2022 1 min read

FTX CEO Sam Bankman-Fried Purchased 7.6% Stake in Robinhood

Since it peaked at $55 soon after the IPO in July, the stock has progressively declined.  For Bankman-Fried, investing in Robinhood was an “attractive investment.” FTX CEO Sam Bankman-Fried purchased a significant 7.6 percent investment in stock and cryptocurrency trading platform Robinhood, according to a filing with the Securities and

May 13, 2022 2 mins read

Prominent Exchange Robinhood Lists Grayscale’s GBTC and ETHE Products

Robinhood crypto trading revenues fell by 39 percent in the first quarter. Over $329 million was invested in Grayscale’s Ethereum Trust. For a long time, Robinhood’s cryptocurrency trading app only featured a limited number of coins. Now, two equity products linked to the price of crypto are accessible on the

May 7, 2022 1 min read

Robinhood Stock Prices Plummet Following Firing 9% of Workforce

Crypto accounted for 41% of Robinhood’s overall income in Q2 2021. The price of HOOD has been declining steadily in a negative trend. Following the firing of 9% of the company’s staff, HOOD stock has fallen to record lows. At $9.99 at this writing, HOOD is trading at its lowest

April 27, 2022 1 min read

SHIB Shoots up 35% Upon Listing in Robinhood!

SHIB gets listed upon the Robinhood trading platform. Surges a massive 35% within 24 hours. High trend for SHIB reflects the near future. It’s been quite a time since Shiba Inu (SHIB) has witnessed such surges. The last time SHIB had a good upwards graph was on 6th,February 2022, almost

April 13, 2022 2 mins read

SHIB Army Eagerly Waiting For Shiba Inu Listing on Robinhood This Year

Only seven coins may presently be traded on the platform.  More than 500,000 people have signed a Change.org petition. At the end of 2021, Shiba Inu Coin surpassed 1 million holders, and it surged swiftly after that, just to fumble to the recent crypto market crash. SHIB holders are looking

January 22, 2022 1 min read

Robinhood-Hackers Get Access to Seven Million Users Personal Info

The attackers had already acquired access to a limited quantity of consumer information. The attackers contacted Robinhood shortly after the issue was handled. On November 3, 2021, the popular investment app Robinhood disclosed a data security incident. The attackers gained access to personal information belonging to millions of users on

November 10, 2021 2 mins read

Robinhood Stocks Drop As Crypto Transactions Falls!

Robinhood’s crypto exchange transactions are down for Q3. In turn, the HOOD stock prices tumbles down by 10%. Robinhood exchange pulls out surveys upon its users of the crypto traded upon the firm. In spite of the month of October, being highly prolific for the entire crypto industry, sadly for

October 27, 2021 2 mins read