Robinhood

In another attempt to expand its business internationally, online trading platform Robinhood has announced its plans to launch its stock-exchange application in the United Kingdom. In an interview with Bloomberg, Robinhood co-founder and CEO Vladimir Tenev said that the app has a ...

Guidelines for firms listing and delisting cryptocurrencies in New York have tightened up to better protect investors, according to the state’s financial regulator.The New York State Department of Financial Services (NYDFS) unveiled new restrictions on Nov. 15 which mandate crypto co ...

Investors pursuing legal action against Robinhood over trading restrictions imposed in early 2021 have faced another setback in court after the Florida Southern District Court rejected the request for class certification by the plaintiffs on Nov. 13, 2023. Chief Judge Cecilia M. Altonaga s ...

ARK Invest, the investment firm founded by major Bitcoin (BTC) advocate Cathie Wood, is actively accumulating stock of the crypto-friendly app Robinhood (HOOD).On Nov. 8, ARK made a massive Robinhood stock purchase, bagging a total of 1.1 million shares for about $9.5 million in one day, a ...

Trading platform Robinhood has revealed its intentions to expand into Europe in the coming weeks. The company is exploring establishing brokerage operations in the United Kingdom. It made this decision known on Tuesday, Nov 7.The commission-free trading app made this announcement as it rev ...

FTX Debtors have disclosed a series of financial statements revealing any transactions that benefited company executives shortly before the major cryptocurrency exchange’s collapse in November 2022.In a recent court filing with the United States Bankruptcy Court for the District of De ...

Cryptocurrency and stock trading platform Robinhood has announced the purchase of more than 55 million shares of the firm previously held by former FTX CEO Sam Bankman-Fried.According to an Aug. 31 blog post, Robinhood completed a purchase of 55,273,469 shares for roughly $606 million foll ...

Gamifying Trading: Robinhood Loses against Massachusetts Regulator Robinhood, the commission-free brokerage, has suffered a major defeat in its case against the Massachusetts Secretary of State, Bill Galvin. The Supreme ...

A United States federal appeals court has upheld a decision to dismiss an investor class-action lawsuit against online brokerage firm Robinhood Markets over its meme stock trading debacle in early 2021. A total of 16 investors took part in a class action lawsuit against the trading platfor ...

Robinhood released its second-quarter results, achieving profitability for the first time since becoming a public company, despite a drop in revenue in the second quarter of 2023. According to its quarterly report released on Aug. 2, Robinhood’s revenue from cryptocurrency transaction ...

As Coinbase stock reaches a 52-week high, ARK Invest — the investment management firm led by Bitcoin (BTC) bull Cathie Wood — has recently sold more of its shares in the crypto exchange.Following ARK Invest’s significant acquisition of Coinbase shares during the bear market, ...

Online brokerage firm Robinhood Markets will reportedly lay off roughly 150 full-time staff — 7% of its total workforce — in its third round of layoffs in just over a year. According to an internal company message seen by The Wall Street Journal, Robinhood Chief Financial Officer Jaso ...

Crypto and stock trading app Robinhood has taken a new step to diversify its business portfolio by acquiring the credit card startup X1 in a $95 million deal. The fintech firm offers an income-based credit card with rewards, along with free trial and single-use credit cards. The deal ...

Cryptocurrency and stock trading app Robinhood announced it will be ending support for Cardano, Polygon and Solana — all tokens labeled as unregistered securities by the United States Securities and Exchange Commission (SEC) in its recent legal actions against crypto exchanges Binance ...

Coinbase, Robinhood, and representatives from the United States commodities regulator are set to testify before Congress on June 6 to discuss a newly proposed crypto bill. The trio will be sharing their firm's, or agency’s views on a proposed bill that could see certain crypto t ...

The company delivered a successful earnings report After its release, its stock rose Trading app Robinhood reported first-quarter financial results. They were better than expected, even though trading volumes remain lower than a year ago. So, Robinhood recorde ...

The Robinhood platform announced the launch of Robinhood Connect, a feature that allows users to fund Web3 wallets without having to log out of the decentralized app or log into their accounts. The Robinhood platform announced the launch of Robinhood Connect, a feature that ...