Onchain analyst Wazz has uncovered what appears to be the largest coordinated rug-pull operation traced on Robinhood Chain to date. Across roughly two months, 53 token launches were linked to a single extraction operation that pulled at least $18.43 million from retail buyers, with Wazz noting the real figure is
Federal prosecutors in Manhattan unsealed complaints Tuesday charging two Robinhood engineers, Hefu Chai and Huaisong Xiang, also known as Jerry Xiang, with commodities fraud and wire fraud. The charges stem from an alleged scheme to misappropriate confidential business information from Robinhood Markets. This is used to trade perpetual futures on
Users of Robinhood Wallet and social trading app Fomo discovered they could purchase meme coins, including dogwifhat (WIF). They can use Visa and Mastercard credit cards, Apple Pay, and Google Pay, without completing any separate KYC identity verification. The transactions went through, earned standard credit card points and cash back,
Kicking off September 1, the new month begins with Arbitrum (ARB) trading at around $0.1116, posting a 31.6% gain in value. Its daily volume is settled at $381.13 million. Moreover, the asset’s 24-hour session has ranged between $0.08477 and $0.1193. Significantly, the Robinhood Chain, built on Arbitrum Orbit, has been
Robinhood CEO Vlad Tenev notes that markets globally are now entering the early stages of what will become a tokenization supercycle. According to The Kobeissi Letter, on-chain tokenized equity trading amounted to $9 billion in 2026, growing by over 207% quarter-over-quarter and 800% year-to-date. “Tokenization does not mean listing securities
Hackers focused on one of the biggest personalities in the world of cryptocurrencies due to rumors about the Robinhood Chain ecosystem. The official X account of Robinhood CEO Vlad Tenev was hacked and then used to publicize the scam token. Hackers created a fake token called Vladhood ($VLAD) and falsely
Since Robinhood introduced tokenized stocks as an innovation, Coinbase-supported Base has intensified efforts to develop tokenized stocks on blockchain platforms. In an interview on July 21, 2026, Base founder Jesse Pollak revealed that Robinhood had gotten ahead in this aspect through tokenized stock offerings on blockchain networks. On July 1,
Coinpost-hosted WebX 2026 in Tokyo had Tom Lee as one of its speakers in favor of Ethereum. Lee gave his keynote speech entitled “Ethereum: The Cure for the Wealth Uncanny Valley.” Lee said Ethereum has the potential to become the settlement layer for the artificial intelligence era. He attributed that
Arbitrum has generated a new stream of revenue post-launch of the public mainnet of the Robinhood Chain using their Layer-2 blockchain technology. Co-founder of Offchain Labs, Steven Goldfeder, clarified that Robinhood Chain and other qualified Layer-2 networks using Arbitrum technology will be receiving protocol revenue. Ten percent of the protocol’s
Robinhood revealed multiple blockchain developments at its London event, highlighting the latest progress in decentralized finance, tokenization, and global expansion. Specifically, Robinhood officially launched its own Robinhood Chain blockchain powered by Arbitrum technology. This is to provide blockchain solutions for decentralized apps and real-life assets. Robinhood Chain mainnet is live.
