U.S Federal prosecutors seized around $700 million in cash and assets. That was either owned by the defunct cryptocurrency exchange FTX or associated with its founder and former CEO Sam Bankman-Fried, ‘SBF.’ According to a court document filed on Friday, federal investigators in the Southern District of New York have
U.S. retail trading platform Robinhood Markets Inc. announced on January 17 that it has launched a media-focused subsidiary named Sherwood Media, LLC. The exile Robin Hood of legend is said to have spent his early years in the “Sherwood” woodland, thus the name. The new media group would report on
On Wednesday, Robinhood said it will stop accepting Bitcoin SV (BSV) and delist the cryptocurrency later this month. According to the latest Robinhood announcement, as of January 25th, the exchange will no longer support Bitcoin SV trades, purchases, or transfers. After that time, any unsold BSV in customer accounts will
On Tuesday, Twitter CEO Elon Musk introduced a new Twitter feature exclusively dedicated for investors, traders, financial experts, and organizations. With the new Cryptocurrency feature, users can look for the price of Bitcoin (BTC) and Ether (ETH) by simply typing their names or tickers into the search bar. Users can
Robinhood Markets (HOOD) stock was downgraded from “Buy” to “Neutral” by Citi because of uncertainty surrounding the United States Securities and Exchange Commission’s (SEC) upcoming market structure proposals. Along with Citi’s cautious equity market outlook, and the effect of the collapse of FTX, a cryptocurrency trading platform, on Robinhood Markets’
As a result of the recent announcement that Binance would acquire Sam Bankman-Fried’s FTX. The popular trading platform Robinhood has seen its share price drop by over 20% to roughly $9.74. FTX had previously purchased a 7.6% stake in Robinhood in May. Prior to the announcement of the FTX acquisition,
Bitcoin and Ethereum are still ranging in a confined range. Shares gained almost 4% in after-hours trading, reaching about $12. Even as Crypto winter warms up, the investment app Robinhood is still feeling the effects. The firm said on Wednesday that its revenue from cryptocurrency transactions had dropped by 12%
On Monday, Robinhood announced on Twitter the new addition. With today’s update, the platform now supports 19 different crypto assets. The stock and crypto trading platform, Robinhood, now supports Tezos (XTZ) and Aave (AAVE). Letting users buy, sell, and trade the tokens. On Monday, Robinhood announced on Twitter that it
There is a Change.org petition circulating to get LUNC included on Robinhood. Nearly 13,000 people responded to the tweet. Stock and cryptocurrency trading platform Robinhood conducted a twitter poll on which cryptocurrency should be added to the platform next. LUNC was requested to be included by the Terra Classic community,
QDS Land created a petition about a month ago to get LUNC listed on Robinhood. The petition now reached 5,220 signatures, as it required at least 5,000. The Terra Classic community is continuously attempting to boost the Terra Luna Classic (LUNC). Now, the community is attempting to get the LUNC
