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Robinhood to Buy Back SBF’s Stake for Over $605 Million


Online broker Robinhood is going to buy back the stake purchased by a company of crypto exchange FTX founder Sam Bankman-Fried (SBF). The fintech intends to pay $605.7 million for the shares that were transferred to the custody of the U.S. government after the bankruptcy of SBF’s businesses....

Arkham Investigation Reveals Robinhood Wallet Holds $2.5 Billion in ETH


Arkham Intelligence has revealed that a wallet belonging to Robinhood holds more than $2.5 billion worth of Ethereum (ETH). In a Wednesday tweet, Arkham said the company has identified Robinhood as the owner of the 5th largest ETH wallet with 1.5 million ETH (worth $2.54 billion).  The...

Robinhood Ends Crypto Partnership with Jump Trading – What's Going On?


Retail broker Robinhood has reportedly ended its crypto business relationship with market maker Jump Trading, and the regulatory environment in the US may be a reason.   In 2018, Robinhood Markets Inc. decided to add cryptocurrency trading - but it needed help to do so, given the major trading...

Robinhood is third in the line of Bitcoin holders


As per the latest research conducted, Robinhood has attained the third position amongst the Bitcoin holders globally. This is in relation to Bitcoin custodianship. The well-known stock and cryptocurrency trading website boasts of having a wallet with over $3 billion worth of BTC. There is only...

Robinhood Identified as Third-Largest BTC Wallet Owner


The previously unidentified large BTC wallet that sparked widespread conjecture and analysis recently was identified last week. According to wallet data from Arkham Intelligence, investing and trading platform Robinhood holds over $3 billion in Bitcoin in this single BTC wallet, placing it behind...

Today in Crypto: SBF's Attorneys Ask for His 'Temporary Release', Bybit and OKX Exclude Sanctioned Russian Banks From Payment Options, Verified Scam Accounts Targeting Crypto Twitter are 'Out of Control'


Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________... Read More: Today in Crypto: SBF's Attorneys Ask for His 'Temporary Release', Bybit and OKX Exclude Sanctioned Russian Banks From...

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