Robinhood COO praises Shiba Inu as crypto wallet waitlist grows to 1.6M
Pressure is mounting for Robinhood to list one of the most popular meme coins on the market and the waitlist for the platform's crypto wallet has grown to 1.6 million…
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Robinhood Hacked with Over Seven Million Users Affected
The popular investment app Robinhood announced recently that it experienced a data security breach on November 3, 2021. The incident gave the attackers access to personal information belonging to millions…
Burger King and Robinhood Will Give Away 2 Million Dogecoin to Customers
Fast-food giant Burger King has partnered with Robinhood to distribute cryptocurrencies to its customers. All buyers that make a $5 purchase will receive guaranteed Dogecoin, alongside a chance to win…
Dogecoin Accounts for 40% of Robinhood’s Crypto Transaction Revenue in Q3
Trading platform Robinhood has reported that 40% of its cryptocurrency transaction-based revenue was attributable to transactions in the meme cryptocurrency dogecoin in the third quarter. By comparison, dogecoin accounted for…
Cathie Wood’s ARK snaps up $80M Robinhood shares after crypto led price dip
Ark Investment took the opportunity to buy Robinhood shares at a discount following the trading company's unsatisfactory earnings report.
Robinhood Cryptocurrency Transaction Revenue Slides Nearly 80% in Q3
The millennial-focused Robinhood trading company has posted its third-quarter revenue report on Oct. 26, and things are not looking pretty on the crypto front. The firm stated that digital asset…
Robinhood shares tank 10% after crypto revenue falls by three quarters
Robinhood posted $51 million worth of transaction-based revenue from crypto in Q3, marking a 78% decrease compared to the previous quarter.
Robinhood CEO Says Waitlist for Firm’s New Crypto Wallet Reached 1 Million Customers
On Thursday, Robinhood CEO Vlad Tenev spoke at a conference called the Disruptor 50 Summit and the executive explained that the waitlist for the company’s recently announced crypto wallet has…