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Robinhood
Bitcoin SV Drops as Robinhood Ends Support; FTX Bankruptcy Update
The price for Bitcoin SV blockchain's native token, BSV, dropped more than 15% following Robinhood's announcement that the online trading app will end support for BSV on Jan. 25. Plus, the latest on FTX's bankruptcy hearings as the troubled crypto exchange has recovered more than $5 billion in different assets, according to an attorney.

Polygon Studios CEO on Partnership With Starbucks
Polygon’s business-development team has managed to land partnerships with major brands entering the Web3 space, including Nike, Reddit, Meta and Robinhood. Polygon Studios CEO Ryan Wyatt, who made CoinDesk's Most Influential 2022 list, discusses the details of their latest collaboration with Starbucks and his outlook for mainstream adoption of crypto.

Robinhood Launches Beta Version of Web3 Wallet to 10,000 Users
No-fee trading platform Robinhood is releasing the beta version of its Polygon-based Web3 wallet, allowing 10,000 users to swap assets on its non-custodial wallet. “The Hash” team discusses Robinhood’s latest crypto push.

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.

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.

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.

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.
