Robinhood

An ex-serviceman popularly known as "Robinhood" in his village in Rajasthan was arrested by the Delhi Police for allegedly cheating people by swapping their ATM cards, officials said on Thursday.

Robinhood has joined the list of several other crypto firms, that have had to face the SEC. The SEC has alleged that Robinhood’s crypto unit has violated the securities law in the US.

Google-parent Alphabet said on Friday it had slashed its stake in Robinhood Markets by nearly 90 percent, days after the trading app said it had turned a profit for the first time as a public company. Robinhood has been struggling to regain its footing after emerging as the breakout financial technology app during the pandemic.

Since the end of the pandemic hiring spree, large numbers of employees have been fired from major tech companies, including Alphabet (12,000 employees), Amazon (18,000), Meta (11,000), Twitter (4,000), Microsoft (10,000) and Salesforce (8,000). Why exactly led to this massive shakeout? And what does it mean for the industry, and you?

Federal prosecutors have seized nearly $700 million in assets from FTX founder Sam Bankman-Fried in January, largely in the form of Robinhood stock, according to a Friday court filing.

The cryptocurrency industry has spent millions of dollars on the ongoing US midterm elections, as firms hope to gain sway with legislators amid discussions on regulating digital assets and after months of heavy losses in the sector. Here's what crypto firms are hoping to get in return for the money spent on candidates in the US midterm elections.

The third quarter for this year, that began in July and closed in September, did not prove to be fruitful. Overall, Coinbase reported a 28 percent decline in its Q3 revenue making a total of $576.4 million (roughly Rs. 630 crore). Meanwhile, out of Robinhood’s net revenue of $361 million (roughly Rs. 2,980 crore), crypto activities only managed ...

For US online trading companies an often-overlooked financial metric could act as a bulwark against softening demand in the third quarter, according to analysts.

Trading application Robinhood Markets added support for two new cryptocurrencies on their platform, including Aave and Tezos. What this essentially means is that any user on the platform now has the ability to buy and sell the tokens on the platform.

Robinhood said on Wednesday that it would provide customers on the platform the option to trade USD Coin (or USDC) as part of a partnership with crypto firm Circle. Customers will also be able to withdraw the second-largest stablecoin on both Ethereum and Polygon through the Robinhood Wallet, which was launched in beta to 10,000 iOS users on the wa...

Online broker Robinhood has added Circle’s USDC stablecoin to its crypto offerings for retail traders. Users will now be able to transfer the stablecoin from the Polygon and Ethereum networks.

Trading app Robinhood announced that its users can now send and receive MATIC token on the Polygon network on top of the Ethereum network. The company's customers can lend, borrow and swap MATIC for other tokens and provide liquidity on the proof-of-stake chain.

In a fresh attack on the AAP-led Delhi government, BJP said 'sharab' (liquor) and 'shiksha' (education) scams had become the "twin towers of corruption" in the Delhi government and the Arvind Kejriwal dispensation was gradually building more floors.

Cboe Global Markets Inc on Thursday said it is in discussions with several market participants, including retail brokers and market makers, about taking strategic stakes in its recently acquired digital asset exchange, ErisX, which will be renamed Cboe Digital.

Robinhood has announced to reduce the headcount by 23 percent, laying off over 780 employees after the company reported quarterly losses. This will be second layoff for the company, which earlier cut 9 percent of its workforce. Robinhood’s monthly average users dropped to 14 million monthly active users in June, with a 44 percent revenue drop.

An ex-serviceman popularly known as "Robinhood" in his village in Rajasthan was arrested by the Delhi Police for allegedly cheating people by swapping their ATM cards, officials said on Thursday.

Robinhood has joined the list of several other crypto firms, that have had to face the SEC. The SEC has alleged that Robinhood’s crypto unit has violated the securities law in the US.

Google-parent Alphabet said on Friday it had slashed its stake in Robinhood Markets by nearly 90 percent, days after the trading app said it had turned a profit for the first time as a public company. Robinhood has been struggling to regain its footing after emerging as the breakout financial technology app during the pandemic.

Since the end of the pandemic hiring spree, large numbers of employees have been fired from major tech companies, including Alphabet (12,000 employees), Amazon (18,000), Meta (11,000), Twitter (4,000), Microsoft (10,000) and Salesforce (8,000). Why exactly led to this massive shakeout? And what does it mean for the industry, and you?

Federal prosecutors have seized nearly $700 million in assets from FTX founder Sam Bankman-Fried in January, largely in the form of Robinhood stock, according to a Friday court filing.

The cryptocurrency industry has spent millions of dollars on the ongoing US midterm elections, as firms hope to gain sway with legislators amid discussions on regulating digital assets and after months of heavy losses in the sector. Here's what crypto firms are hoping to get in return for the money spent on candidates in the US midterm elections.

The third quarter for this year, that began in July and closed in September, did not prove to be fruitful. Overall, Coinbase reported a 28 percent decline in its Q3 revenue making a total of $576.4 million (roughly Rs. 630 crore). Meanwhile, out of Robinhood’s net revenue of $361 million (roughly Rs. 2,980 crore), crypto activities only managed ...

For US online trading companies an often-overlooked financial metric could act as a bulwark against softening demand in the third quarter, according to analysts.

Trading application Robinhood Markets added support for two new cryptocurrencies on their platform, including Aave and Tezos. What this essentially means is that any user on the platform now has the ability to buy and sell the tokens on the platform.

Robinhood said on Wednesday that it would provide customers on the platform the option to trade USD Coin (or USDC) as part of a partnership with crypto firm Circle. Customers will also be able to withdraw the second-largest stablecoin on both Ethereum and Polygon through the Robinhood Wallet, which was launched in beta to 10,000 iOS users on the wa...

Online broker Robinhood has added Circle’s USDC stablecoin to its crypto offerings for retail traders. Users will now be able to transfer the stablecoin from the Polygon and Ethereum networks.

Trading app Robinhood announced that its users can now send and receive MATIC token on the Polygon network on top of the Ethereum network. The company's customers can lend, borrow and swap MATIC for other tokens and provide liquidity on the proof-of-stake chain.

In a fresh attack on the AAP-led Delhi government, BJP said 'sharab' (liquor) and 'shiksha' (education) scams had become the "twin towers of corruption" in the Delhi government and the Arvind Kejriwal dispensation was gradually building more floors.

Cboe Global Markets Inc on Thursday said it is in discussions with several market participants, including retail brokers and market makers, about taking strategic stakes in its recently acquired digital asset exchange, ErisX, which will be renamed Cboe Digital.

Robinhood has announced to reduce the headcount by 23 percent, laying off over 780 employees after the company reported quarterly losses. This will be second layoff for the company, which earlier cut 9 percent of its workforce. Robinhood’s monthly average users dropped to 14 million monthly active users in June, with a 44 percent revenue drop.