Robinhood's crypto division to pay $3.9M settlement over halt on withdrawals

Settlement related to charges associated with violations of commodities laws Robinhood's crypto arm is just the latest crypto-entity to fall victim to regulatory enforcement RobinhooThe post Robinhood's crypto division to pay $3.

130 +

Robinhood posts strong Q2 earnings fueled by options and crypto

Robinhood recorded a profitable second quarter in 2024, with a 40% increase in revenue year-over-year, totaling $682 million, propelled by a renewed interest in crypto trading. The firm’s crypto transaction-based revenues hit $81 million, accounting for a 161% hike compared…

44 +

Robinhood Inks Game-Changing Deal To Acquire Crypto Giant Bitstamp For $200 Million

141 +

Robinhood rolls out crypto API for US traders

Robinhood Crypto vice president Johann Kerbrat said that the API allows developers to build custom tools for crypto trading.

42 +

Dogwifhat’s WIF jumps 7% following listing on Robinhood Crypto

Robinhood Crypto Europe has quietly added support for dogwifhat (WIF) after the token gained nearly 200% in just one week. Users of Robinhood‘s European crypto platform can trade with the newly-added memecoin, dogwifhat (WIF), a Solana-based token, which gained recognition…

149 +

MetaMask and Robinhood join forces to enable in-wallet crypto purchases

MetaMask has announced a game-changing partnership with Robinhood to make crypto more accessible to everyone.

72 +

Analysts See Crypto Winter Thaw for Robinhood and Coinbase

Signs of thaw are emerging from the crypto winter, especially for crypto trading platforms Robinhood and Coinbase. The post Analysts See Crypto Winter Thaw for Robinhood and Coinbase appeared first on BeInCrypto.

228 +

Trading App Robinhood Markets Adds USDC to Its Crypto Lineup

Robinhood has been slowly adding to its crypto options for retail investors.

129 +

New York financial regulator fines Robinhood's crypto division $30M

“As its business grew, Robinhood Crypto failed to invest the proper resources and attention to develop and maintain a culture of compliance,” said superintendent Adrienne Harris.

136 +

Robinhood To Launch Its Non-Custodial Crypto Wallet This Year

Although Robinhood is particularly famous for the GameStop debacle from 2021, its presence in the crypto space only became strong since the meme coin craze that started around September 2021.… The post Robinhood To Launch Its Non-Custodial Crypto Wallet This Year appeared first on CoinCentral.

271 +

After Shiba Inu Listing, Robinhood Acquires UK Crypto Platform Ziglu to ‘Rev Up Expansion Plans’

Robinhood, a popular stock and crypto trading app, has agreed to purchase London-headquartered crypto firm Ziglu. The acquisition comes as Robinhood dips its toes further into the crypto waters amid growing interest.

227 +

Robinhood crypto wallet waitlist hits 1 million people

Robinhood CEO Vlad Tenev said crypto as an asset class is here to “stay” and revealed that over a million users have signed up to the firm’s crypto wallet waitlist.

238 +

Robinhood Cites Regulatory Actions or Policies Towards Crypto as Business Risk in Filing

The firm said crypto trades made up a 41% share of its revenue in the Q2, and it was a “record period” for crypto trading on Robinhood but warned that level “may not occur in the future.” The post Robinhood Cites Regulatory Actions or Policies Towards Crypto as Business Risk in Filing first appeared on BitcoinExchangeGuide.

405 +

Over 60% of Robinhood Clients Traded Crypto for the First Time in Q2

Robinhood is currently making more money from crypto trading than equities and options combined. While crypto revenue surged 4,560% from a year earlier, transaction revenue from equity was down 26.

301 +

Robinhood shareholders want crypto wallets and a hat

Currently, users of popular stock and digital currency trading app Robinhood can’t move their crypto off the platform.

119 +

Crypto price drop will negatively impact Q3 revenue, says Robinhood

Robinhood is one of the more popular stock and crypto exchanges out there, and earlier this year, it saw very high trading volume. However, with the situation regarding crypto prices changing in Q2, the company has warned that its quarterly revenue is likely to be significantly lower than before.

147 +

Robinhood Adds 9.5 Million New Crypto Users As Mainstream Adoption Continues

As cryptocurrencies continue to surge to new highs and bask in the media’s limelight, Robinhood reported major growth in the number of users trading crypto on their platform. According to their blog post, the California-based broker saw its crypto user base grow to an all-time high of 9.

272 +

Robinhood announces plans to offer crypto deposits and withdrawals

Robinhood’s reputation has taken a battering lately, but it hopes to regain credibility among the crypto community by introducing cryptocurrency transfers.

185 +

Robinhood’s halt of trading is a nightmare for crypto holders

The bedlam in Wall Street has seemingly spilt over into the crypto sector Yesterday,… The post Robinhood’s halt of trading is a nightmare for crypto holders appeared first on Coin Journal.

178 +

Crypto Wheels Still Turning in US, Robinhood Exchange Awarded BitLicense

Wheels are still turning in the US crypto industry despite the month long government shutdown. At least they are in New York anyway where crypto exchange Robinhood has just been granted a BitLicense to open up shop.

166 +

Robinhood Is Making a Fortune from Its Millenial Mob of Crypto Traders

Robinhood has been making waves since it launched its zero-fee crypto trading platform in 2013. The adoption of different altcoins, regulatory approval in a handful of American states, and a fast-growing user base have all pointed to a potential unicorn in the space.

210 +

Robinhood Posts Job Advertisement for Crypto Engineers – Wallet Coming?

Zero commission stock and crypto trading app Robinhood posted a job advertisement on June 26 for multiskilled cryptocurrency engineers. The company is seeking people with at least one year of experience in the industry to help develop crypto products for the company.

344 +

Robinhood Job Ad Sparks Rumors It Will Launch Cryptocurrency Wallet

Robinhood may develop its own cryptocurrency wallet, speculators claim after the company starts search for a crypto engineer

269 +

Robinhood Aims to be Coinbase Competitor with Crypto Service Expansion

Robinhood, a fee-less financial services startup, recently opened up free cryptocurrency trading for U. S. customers. Many users criticized ‘Robinhood Crypto’ for its limited cryptocurrency-related services.

237 +

Investment App Robinhood, Which Recently Opened Up Crypto Investing to Users, in Talks With US Officials to Obtain Banking License

According to sources obtained by Bloomberg. com, personal investment app start-up Robinhood (which allows crypto investments also) has begun discussions around obtaining a banking license from the US Office of the Comptroller of the Currency (OCC), which would allow the Menlo Park company to expand its offering to customers significantly.

353 +

Bloomberg: Fiat Trading App Robinhood “in Talks” to procure US Banking Licence

Stock and crypto trading app Robinhood plans to offer banking services to its 4 mln users, Bloomberg reported June 20, citing anonymous sources. Robinhood, which in February began allowing zero-fee cryptocurrency trading through its Robinhood Crypto tool, is currently in “constructive” talks with the U.

287 +

Bloomberg: Crypto, Fiat Trading App Robinhood ‘in Talks’ to Obtain US Banking Licence

Sources report that trading app Robinhood could become the next crypto-related company to offer banking services in the U.S.

266 +

Robinhood Reportedly Considering Formal Banking Services

Unnamed sources suggest popular free crypto and stock trading application (app), Robinhood, is negotiating with US regulators about prospects for it becoming a bank, complete with traditional services such as savings accounts.

307 +

‘Bitcoin Just Keeps Coming Back,’ Says Robinhood CEO on the Future of Crypto

Robinhood co-founder Baiju Bhatt thinks that crypto isn’t going anywhere, as “Bitcoin just keeps coming back” despite highs and lows in both price and popularity

433 +