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Robinhood
Broker Robinhood Slashing Nearly One-Quarter of Workforce
Crypto business rose for the company in the second quarter even as overall trading revenue slipped.
New York Dept of Financial Services Fines Robinhood Crypto $30M
The New York State Department of Financial Services fined Robinhood’s cryptocurrency trading unit $30 million for alleged violations of anti-money-laundering and cybersecurity regulations. CoinDesk Global Policy & Regulation Managing Editor Nikhilesh De breaks down the penalty. Plus, insights into SEC's fraud charge on Ponzi scheme Forsage and latest on Bitfinext hack laundering suspects "Razzlekhan" and "Dutch."
Robinhood's Crypto Division Fined $30M by New York Financial Regulator
The online broker said last year it expected the fine following a 2020 investigation.
Coinbase, Robinhood Shareholders Face Significant Stock Dilution: JPMorgan
Like many publicly traded tech firms, Coinbase and Robinhood have offered employees generously amounts of restricted stock units as part of their compensation.
Uniswap Token Rallies After Being Added to Robinhood’s Crypto Trading Menu
Offering UNI sent the token higher Thursday afternoon.
LINK Rallies as Much as 8% After Listing on Robinhood
It was the first time Robinhood has listed a new token since mid-April.
Robinhood Shares Spike on Report FTX May Be Seeking to Acquire It
Plans are still in the preliminary stages, according to a report from Bloomberg.
Goldman Cuts Coinbase to ‘Sell’ Due to Fall in Crypto Prices and Industry Activity; Shares Drop
The company faces a difficult choice between shareholder dilution and effective employee compensation, the report said.
NFT App Floor Closes $8M Series A Led by Mike Dudas' VC Firm
The round was led by 6th Man Ventures, the investment firm of The Block's founder.
