Robinhood


Finance

Coinbase Gets Hold-Equivalent Rating From Barclays on Crypto Regulatory Risk

The headwinds are set to continue for the exchange, says the investment bank.

(Sophie Backes, Unsplash)

Finance

Cboe Digital Names Jump Crypto, Robinhood and DRW Among Expected Equity Partners

The new digital entity will operate the existing spot, derivative and clearing platforms of ErisX, which Cboe recently acquired.

The CBOE (Getty Images)

Videos

Avalanche and Stellar Lumens’ Tokens Spike After Robinhood Listing

Robinhood’s new addition of Avalanche’s AVAX and Steller Lumen’s XLM on Monday pumped both tokens’ prices. “The Hash” panel discusses what this means for Robinhood after the company's crypto division was fined $30 million by the New York State Department of Financial Services.

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Videos

Robinhood CEO Slams FTX M&A Chatter

Vlad Tenev, Robinhood Markets (HOOD) chief executive officer, tried to shut down speculation Wednesday that crypto giant FTX is taking over his firm, saying there's $6 billion in cash for the brokerage to explore potential acquisitions. This comes as Robinhood laid off 23% of its workforce. "The Hash" hosts weigh in.

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Finance

Robinhood CEO Shuts Down FTX M&A Chatter, Says He Has Money to Do His Own Deals

Robinhood has $6 billion in cash should the brokerage want to explore potential acquisitions, CEO Vlad Tenev said Wednesday.

Trading app Robinhood has added Solana, Pepe, Cardano and XRP to the list of cryptocurrencies available to trade on its platform. (Unsplash)

Videos

Robinhood Cuts 23% of Staff, but Crypto Transaction Revenue Rose to $53M

Bitcoin IRA co-founder and COO Chris Kline discusses the key takeaways from Robinhood's latest earnings report as it lays off nearly a quarter of its workforce while its crypto transaction revenue rose 7% to $58 million in Q2. Plus, outlook for MicroStrategy as bitcoin maximalist and CEO Michael Saylor steps down from his position.

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Videos

Broker Robinhood Cuts Workforce by 23%, Shares Jump

Online trading brokerage Robinhood (HOOD) is cutting headcount by 780 workers, or about 23% its employees, in order to further streamline costs amid a continuing decline in monthly active users on the platform. In a press release, Robinhood CEO Vlad Tenev said it was due to “deterioration of the macro environment, with inflation at 40-year highs accompanied by a broad crypto market crash." "The Hash" team discusses the fate of Robinhood and where it could be headed next.

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