Robinhood Archives

DOJ opens probe into FTX ‘hack’ while SBF gets a new judge

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28 December, 2022

DOJ opens probe into FTX ‘hack’ while SBF gets a new judge

The DOJ is looking into the $372 million hack from FTX-controlled wallets that occurred the day after the embattled firm...

Robinhood pledges commitment to digital assets amid steep drop in revenue

Business

Wahid Pessarlay

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13 November, 2022

Robinhood pledges commitment to digital assets amid steep drop in revenue

Robinhood saw its active users fall 12% and notional volume slump 24% in Q3 but remains bullish that it can...

Robinhood must face lawsuit over meme stock manipulation claims, judge rules

Business

Steve Kaaru

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15 August, 2022

Robinhood must face lawsuit over meme stock manipulation claims, judge rules

The meme stock saga from January 2021 is still haunting Robinhood, and investors who alleged it manipulated the market can...

Robinhood lays off quarter of its workforce amid 75% dip in digital currency revenue

Business

Steve Kaaru

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8 August, 2022

Robinhood lays off quarter of its workforce amid 75% dip in digital currency revenue

CEO Vlad Tenev took the blame for the layoffs, saying the company projected the high interest in its platform during...

Robinhood Crypto fined $30 million by regulators

Business

Patrick Thompson

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3 August, 2022

Robinhood Crypto fined $30 million by regulators

NYDFS Superintendent Adrienne Harris said Robinhood Crypto failed to invest the proper resources and attention to develop and maintain a...

Robinhood axes 9% of full-time employees

Business

Wahid Pessarlay

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28 April, 2022

Robinhood axes 9% of full-time employees

The layoffs will help Robinhood to improve efficiency, increase velocity, and ensure that it can adapt to changing needs of...

Robinhood starts offering digital currency wallets

Business

Gavin Lucas

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25 January, 2022

Robinhood starts offering digital currency wallets

The brokerage has long offered its users the chance to buy and sell digital currencies like BSV, BTC, ETH, and...

BTC price drops and Coinbase goes offline… temporarily

Business

Jon Southurst

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24 January, 2022

BTC price drops and Coinbase goes offline… temporarily

The Coinbase trading suspension might have been short and temporary, but for many it's enough to cause losses. Are regulators...

Editorial

CoinGeek

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27 November, 2021

Chillax on Robinhood Crypto

Timothy Merkle offers an unpopular opinion that Robinhood’s recent decisions are reasonable, stating that the company is under no obligation...

Robinhood gearing up to launch digital currency wallet as user demand ratchets up

Business

Ed Drake

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24 September, 2021

Robinhood gearing up to launch digital currency wallet as user demand ratchets up

Trading app Robinhood has reportedly begun testing a new digital currency wallet service, alongside functionality that would allow digital currency...

Robinhood could lose main revenue stream as SEC ponders ban for payment for order flow

Business

Ed Drake

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2 September, 2021

Robinhood could lose main revenue stream as SEC ponders ban for payment for order flow

By removing payment for order flow, markets benefit from more efficient, transparent trading, according to SEC Chairman Gary Gensler.

Robinhood shifts focus to digital assets as it plans ‘bulletproof’ wallet

Business

Ed Drake

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25 August, 2021

Robinhood shifts focus to digital assets as it plans ‘bulletproof’ wallet

The announcement came as part of its Q2 earnings report, which saw the company report significant losses from the most...

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