Robinhood’s Crypto Revenue Surges 232% Despite Looming SEC Battle

May 9, 2024 Bitcoin.com

Bitcoin

Retail trading platform Robinhood has announced that its crypto revenue grew by 232% in the first quarter. Despite this success, Robinhood faces potential enforcement action by the U.S. Securities and Exchange Commission (SEC), alleging that some of the cryptocurrencies offered on its platform are securities. Crypto Drives Robinhood’s Profitable Q1 Retail trading platform Robinhood Markets […]

Bitcoin vs. Tulip Mania: Why the Comparison Wilts Under Scrutiny

Dogecoin (DOGE) Valued at $25,000,000 Leaves Robinhood Crypto in the Wake of the SEC’s Wells Notice

May 9, 2024 The Daily Hodl

Dogecoin (DOGE) Valued at ,000,000 Leaves Robinhood Crypto in the Wake of the SEC’s Wells Notice

Altcoins

Tens of millions of dollars worth of the meme asset Dogecoin (DOGE) has left Robinhood Crypto after the firm received a Wells Notice from the U.S. Securities and Exchange Commission (SEC). New data from blockchain-tracking platform Bitcoinsensus reveals that 164 million DOGE worth $25 million was transferred out of Robinhood after the firm’s crypto branch […]

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Bitcoin vs. Tulip Mania: Why the Comparison Wilts Under Scrutiny

Robinhood Prepares to Fight SEC in Court Over Crypto, CEO Reveals

May 7, 2024 Bitcoin.com

bitcoin.com

Robinhood Markets is preparing to fight the U.S. Securities and Exchange Commission (SEC) in court to defend its crypto business and establish “regulatory clarity in the United States for the benefit of our customers,” CEO Vlad Tenev said after his company received a Wells notice from the securities regulator. “The SEC’s continued attack on crypto, […]

Bitcoin vs. Tulip Mania: Why the Comparison Wilts Under Scrutiny

Robinhood CEO Vlad Tenev Slams SEC, Says Trading Giant Prepared To Contest Charges in Court

May 7, 2024 The Daily Hodl

Daily Hodl

The CEO of trading giant Robinhood is hitting back at the U.S. Securities and Exchange Commission (SEC) after receiving the regulator’s Wells notice. Robinhood head Vlad Tenev took to X today to decry the SEC’s planned action against Robinhood Crypto. “Over the last three years, we’ve reached a state of regulatory onslaught that is harmful to American companies and consumers. The SEC’s continued attack on […]

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Bitcoin vs. Tulip Mania: Why the Comparison Wilts Under Scrutiny

US Congressman calls SEC Chair Gary Gensler “rogue regulator”

May 7, 2024 The Crypto Briefing

Crypto Briefing

Congressman Rose accused the SEC of overstepping its bounds and hindering fintech innovation by taking action against Robinhood.

The post US Congressman calls SEC Chair Gary Gensler “rogue regulator” appeared first on Crypto Briefing.

Bitcoin vs. Tulip Mania: Why the Comparison Wilts Under Scrutiny

Robinhood Crypto Arm Targeted by SEC With Wells Notice As Expert Says Regulator Abusing System

May 6, 2024 The Daily Hodl

Daily Hodl

The U.S. Securities and Exchange Commission (SEC) has alerted Robinhood Crypto that the regulatory agency will soon be pursuing legal action against the trading platform. According to an 8-K Filing submitted over the weekend, Robinhood’s crypto trading arm, Robinhood Crypto, has received a Wells Notice from the SEC. A Wells Notice is a warning issued by the SEC that […]

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Bitcoin vs. Tulip Mania: Why the Comparison Wilts Under Scrutiny

SEC targets Robinhood for alleged securities law breaches

May 6, 2024 The Crypto Briefing

Crypto Briefing

Robinhood Crypto received a Wells Notice from the SEC, indicating a potential lawsuit over alleged violations of securities laws.

The post SEC targets Robinhood for alleged securities law breaches appeared first on Crypto Briefing.

Bitcoin vs. Tulip Mania: Why the Comparison Wilts Under Scrutiny

SEC Issues Wells Notice to Robinhood Over Crypto Operations

May 6, 2024 Bitcoin.com

bitcoin.com

A report indicates that the U.S. Securities and Exchange Commission (SEC) has issued a Wells Notice to the financial services provider Robinhood. This action by the SEC concerns the company’s operations in the cryptocurrency sector and its listing of crypto assets. SEC Mulls Enforcement Against Robinhood’s Crypto Ventures, Company Says It Is Cooperating The staff […]

Bitcoin vs. Tulip Mania: Why the Comparison Wilts Under Scrutiny

Top DEX Uniswap (UNI) Enables Crypto Purchases Through New Robinhood Connect Feature

May 2, 2024 The Daily Hodl

Daily Hodl

Top decentralized exchange (DEX) Uniswap (UNI) now allows its mobile app users to buy crypto using their funds on popular trading platform Robinhood. In a new statement, Uniswap says the new funding method is currently available to US-based users through Robinhood Connect, a feature that enables customers of the brokerage firm to fund their Web3 […]

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Bitcoin vs. Tulip Mania: Why the Comparison Wilts Under Scrutiny

Robinhood Bitcoin (BTC) and Crypto Stash Grows to $23,590,032,000, Up 14% in Just Six Months: Coinbase Director

April 8, 2024 The Daily Hodl

Bitcoin

American retail trading giant Robinhood has reportedly grown its digital asset holdings substantially in the past six months, according to an on-chain expert. Parsing through data from blockchain intelligence firm Arkham, Coinbase director Conor Grogan estimates that Robinhood’s Bitcoin (BTC) stash has grown 14%, adding to its $23.59 billion holdings. At the same time, Grogan […]

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