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Robinhood's cash cow under SEC scrutiny amid IPO filing
7.7.2021
Robinhood’s main revenue source for the first quarter of 2021 could come under SEC review
GameStop's New Discord Haunted By Gamers, Stonk Bros
7.7.2021
GameStop decided to meet the gamers where they live today, opening a new Discord server where thousands are coming together under the enriching banner of a video game retailer. The community launched without a filter, as evidenced by a torrent of the n-word flooding chat on Tuesday night....
This Is Why Robinhood Doesn't Allow You to Withdraw Bitcoin, DOGE & Co.
2.7.2021
As US online trading platform Robinhood is gearing toward its initial public offering (IPO), its filing with the country’s Securities and Exchange Commission (SEC) reveals why the company does not currently allow users to deposit and withdraw cryptoassets into or from its platform. This said...
Robinhood IPO Filing Reveals $88 Billion in Cryptocurrency Trading, Dogecoin 34% of Crypto Revenue
2.7.2021
Robinhood’s IPO prospectus shows that 9.5 million customers traded $88 billion of cryptocurrency on its platform in Q1 and the company held approximately $12 billion in crypto assets under custody, a 23-fold increase from last year. Meanwhile, 34% of Robinhood’s cryptocurrency revenue...
Facing $70M in fines from regulators, Robinhood files for IPO
1.7.2021
The U.S. Financial Industry Regulatory Authority delivered its biggest financial penalty against the trading app on Wednesday, and Robinhood still reportedly faces scrutiny from the SEC regarding its business practices
tZERO to tokenize $18M of stock for the ‘Robinhood of real estate investing’
1.7.2021
Around $18 million worth of NYCE’s common shares will be tokenized and supported for secondary trading on tZERO’s security token trading platform
FINRA orders Robinhood to pay $70M due in part to 'significant harm' platform caused users
30.6.2021
Regulators said the trading app should pay restitution to users like the 20-year-old who committed suicide after an erroneous negative balance appeared in his account
Robinhood Gets USD 70M Penalty Due To 'Signigificant Harm' + More News
30.6.2021
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
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Regulation news
The US Financial Industry Regulatory Authority (FINRA) said it has fined Robinhood, the major online trading platform, USD...
SEC Delays Robinhood IPO Over Questions Concerning the Company’s Crypto Business: Report
26.6.2021
Robinhood Markets Inc., the American financial services company headquartered in Menlo Park, California, has seen its initial public offering (IPO) delayed by the U.S. Securities and Exchange Commission (SEC). According to a report citing “people familiar with the matter” the SEC...
SEC inquiry regarding Robinhood’s crypto business reportedly delays IPO
25.6.2021
Robinhood had initially hoped to begin its public offering after American investors returned from the July 4 holidays
GameStop Just Made $1.1 Billion Selling Off Its Meme Stock
22.6.2021
After circling the drain just a year ago, Gamestop has managed to cash in on its recently skyrocketed meme stock for Scrooge McDuck piles of real cash, pulling in $1.1 billion dollars.Read more
Tiger Brokers and Futu to Offer Crypto Trading Services Outside China
1.6.2021
Two Chinese online brokerages have set out to enter the global crypto trading market. The platforms, Tiger Brokers and Futu, are planning to offer their services only outside the People’s Republic as Beijing is once again cracking down on bitcoin trading in the country. Major Chinese Online...
PayPal & Robinhood Follow Revolut, Plan Crypto Withdrawals
27.5.2021
Two major fintechs, PayPal and Robinhood are both looking set to follow in the footsteps of the likes of Revolut, with plans to allow crypto withdrawals to third-party wallets – a step that could see the platforms intensify their competition with crypto exchanges.
Christine Brown, Robinhood...
Who Owns the Mystery Dogecoin Whale Address? Robinhood’s CEO Dismisses Speculation
21.5.2021
Dogecoin has been the talk of the cryptocurrency town for months on end and in recent times, crypto enthusiasts have been discussing the largest holder in the Dogecoin economy. An address with 36.7 billion dogecoin has recently amassed 797 DOGE this week and 3,755 coins during the last month....
Analysts suggest Dogecoin traders are rotating profits into large-cap altcoins
5.5.2021
Experts say DOGE traders rotating profits into Robinhood-listed altcoins could be behind the rally in LTC, BCH and ETC
Three reasons why the ‘other Ethereum’ has pumped 130% in the last week
5.5.2021
Ethereum Classic has almost matched Dogecoin’s massive pump in the last seven days
Robinhood announces new COO to lead crypto trading desk
23.4.2021
With the company’s crypto business expanding significantly, Robinhood has appointed a chief operating officer to lead its cryptocurrency operations
GameStop's CEO Is Getting $179 Million For Quitting
22.4.2021
In further proof that our current economic system is entirely fine and normal, GameStop CEO George Sherman—who is leaving his post in the Summer—will be getting $179 million. Just for quitting his job.Read more
Democratizing trading: After GameStop, does more need to be done?
19.4.2021
There’s been a lot of talk about democratizing trading in recent years. But does the recent GameStop saga indicate that more needs to be done?
Trading apps usurp TikTok in popularity
16.4.2021
Does that mean trading is more popular than social media now?