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” BlockFi sues FTX’s Bankman-Fried over shares in Robinhood “ Newly-bankrupt crypto lending platform BlockFi has filed a lawsuit against Sam Bankman-Fried’s holding company Emergent Fidelity Technologies seeking his shares in Robinhood that were pledged as collateral earlier in November. The suit was filed on Nov. 28 in the United States Bankruptcy Court for the…
” MATIC price eyes 200% gains on Polygon adoption by Instagram, JPMorgan “ Polygon (MATIC) emerged as the best-performing asset among the top-ranking cryptocurrencies on Nov. 3 as the market’s attention turned to the latest Instagram and JPMorgan announcements. Polygon in high-profile partnerships Notably, Meta, the parent company of Instagram, named Polygon as its initial…
” Robinhood not giving up on crypto despite Q3 crypto revenue slashing 12% “ Crypto and stock trading platform Robinhood highlighted lagging cryptocurrency revenue in the third quarter of 2022, though the results will do little to dampen its ambition to serve the market, its CEO says. The trading platform announced its third-quarter results on…
” Digital bank FV Bank integrates USDC stablecoin for direct deposits “ The global digital bank FV Bank is the latest financial platform to enable deposits in Circle-backed stablecoin USD Coin (USDC). FV Bank on Wednesday announced the launch of a new service allowing its account holders to make direct deposits in USDC to the…
” Cardano gets listed on Robinhood but ADA bulls are running out of steam, risking 40% drop “ ThCardano (ADA) market has witnessed back-to-back pieces of good news since Aug. 31, from its listing on Robinhood, a U.S.-based retail investment platform, to the release of its first lending and borrowing protocol, Aada Finance. Additionally, Cardano developer IOHK…
” Robinhood lands steep 60% discount on $170M exchange acquisition: Report “ Stock and crypto investment platform Robinhood has reportedly scored a 58% cut on its $170 million offer to buy crypto exchange Ziglu due to adverse market conditions. The initial offer from Robinhood came in April, however according to various reports online around Aug.17,…
” Robinhood to face class action lawsuit from meme stock debacle: Report “ Cryptocurrency and stock trading platform Robinhood will allegedly face allegations of market manipulation as part of a class-action lawsuit brought by investors in “meme stocks” from nine different companies during a January 2021 rally. According to a Thursday report from Reuters, United…
” FTX, Bybit rise in web traffic despite overall traffic drop on CEXs “ The ongoing cryptocurrency winter has triggered an overall decline in interest in centralized crypto exchanges (CEX), but some crypto trading platforms have seen a rise in website traffic. A few major global crypto exchanges, including Sam Bankman-Fried’s FTX, have experienced a…
” Crypto Biz: Gucci ‘apes’ into crypto “ What comes to mind when you think of Gucci? Designer handbags, fashion jewelry, elegant Swiss watches? What about payment integration with an ERC-20 governance and utility token that wants to power Web3? Rolls off the tongue, doesn’t it? The iconic Italian fashion brand announced this week it…
” ‘This is on me’ — Robinhood CEO to lay off 23% of staff after Q2 loss “ Online brokerage firm Robinhood will lay off nearly a quarter of its employees, citing a continued deterioration of the macro environment and a broad crypto market crash. The bad news came in a Tuesday blog post from…