Robinhood

Robinhood CEO Vlad Tenev stated that Trump Accounts will initially focus on offering only a State Street S&P 500 ETF to keep investments simple for children. Although the accounts launched through The Treasury, parents and guardians will be allowed to allocate funds to other low-cost index ETFs in the coming months. Over time, various organizations, including Goldman Sachs, have encouraged matching contributions.

PUMP printed its first Golden Cross as revenue achieved a seven-month high. Furthermore, Ethereum researchers are prioritizing privacy, Robinhood is rolling out agentic trading, and Ansem has launched his own launchpad.

Robinhood has begun bringing crypto trading to its main UK application via Bitstamp. This service launch expands Robinhood's offerings by integrating crypto alongside other financial instruments in the UK. The added options include stocks, ISAs, options, and futures.

Robinhood is expanding its services by bringing crypto trading capabilities to the UK. This expansion will be facilitated through a new application that utilizes AI technology and functions as an all-in-one platform.

A user reports receiving calls from a random number claiming their Robinhood account and brokerage have been hacked, with funds allegedly being moved to a Robinhood wallet they previously imported. They also received a text from a number typically used for verifying Robinhood Gold card payments.

Robinhood and Coinbase experienced a decline in crypto trading activity alongside broader market conditions. Robinhood managed to offset this weakness while Coinbase's activity remained linked to the trading cycle.

Jared Leto was in the process of raising a $75 million venture capital fund before sexual misconduct allegations emerged via a BBC documentary. A representative from Andreessen Horowitz (a16z) contacted potential investors on his behalf, and Leto has previously made personal investments in companies like Robinhood and Postmates.

The U.S. Treasury, in partnership with Robinhood and BNY Mellon, launched Trump Accounts on July 4, providing eligible children born between 2025 and 2028 with a $1,000 federal deposit into tax-advantaged investment accounts. Parents can contribute up to $5,000 annually per child, with employer contributions capped at $2,500, and tax service providers assist in initiating account setup through Form 4547.

The U.S. Treasury, in partnership with Robinhood and BNY Mellon, launched Trump Accounts, a federal investment program for children born between 2025 and 2028, offering a $1,000 initial deposit. Parents can contribute up to $5,000 annually, and a mobile app is available to track investments.

The U.S. Treasury, in partnership with Robinhood and BNY Mellon, launched Trump Accounts—a tax-advantaged investment program providing eligible children born between 2025 and 2028 with an initial $1,000 federal deposit. Parents can contribute up to $5,000 annually, and employer contributions are capped at $2,500. A mobile app is available for tracking investments.

A multi-stage 'pig butchering' scam began with real stock recommendations and transitioned to a fake crypto trading site (eliice.com/vip). Scammers used WhatsApp groups to build trust, engineered fake losses, and pressured victims to deposit more funds before draining their assets.

Bernstein maintains a $160 price target for Robinhood, highlighting tokenization and prediction markets as key drivers for its crypto business expansion. The analysis suggests a 78% potential increase in Robinhood's value through these developments.

Robinhood reported record quarterly revenue driven by a 10x year-over-year increase in event contracts revenue to $156 million, contributing to a 32% rise in total net revenues. Prediction markets surged, and the company outperformed Wall Street expectations.

Robinhood reported its best quarter ever. Markets rebounded after a hawkish FOMC statement, BTC ETFs saw inflows, and MoonPay launched a new AI product with an airdrop.

Robinhood reported record Q2 revenue of $1.31 billion, driven by growth in its Gold subscription service and prediction market business, which saw volume surge to 13 billion contracts. The company shifted to lower-fee in-house solutions for prediction markets and noted a 38% decline in cryptocurrency revenue due to market slumps.

Robinhood's prediction markets generated $156 million in Q2, surpassing cryptocurrency trading revenue of $100 million.

Robinhood reported record revenue driven by a tenfold increase in prediction-market revenues during the second quarter. The surge was attributed to market volatility creating a trading bonanza.

Robinhood's stock price slid 4% despite reporting earnings above expectations, as declining cryptocurrency revenue offset the positive financial results.

Ark Invest purchased $12 million in SpaceX shares while selling $2.3 million in Block Inc., $1.6 million in Bullish, and $4 million in Robinhood. The firm is reducing its holdings in Block, Bullish, and Robinhood as it invests in SpaceX.

Coinbase and Robinhood are competing ahead of their Q2 earnings reports, with Robinhood positioned as the industry’s potential 'first hyperscaler' due to momentum in sectors like prediction markets and tokenized finance. Coinbase faces challenges from its underperforming blockchain strategy and declining non-trading revenue, while Robinhood’s higher market cap suggests investor confidence in its growth potential.

Robinhood is reportedly considering expanding its services by discussing with Crypto.com over prediction markets, while such companies in the US face legal battles between state and federal authorities.

Robinhood is in discussions to add prediction markets from Crypto.com's derivatives business, potentially allowing customers to trade yes-or-no contracts. The talks come as competition with Kalshi intensifies, though no agreement has been finalized.

Robinhood CEO Vlad Tenev's X account was hacked to promote a fake 'Vladhood' token, falsely presented as the mascot of Robinhood Chain. The incident is part of a fraud targeting a network dominated by meme-based schemes.

Robinhood CEO Vlad Tenev's X account was hacked to promote a token amid a memecoin frenzy.

MoonPay has launched Paybox, an AI-powered shopping wallet integrated with Claude and ChatGPT, enabling users to make purchases without coding or installing software. The tool uses a decentralized protocol and allows users to set transaction limits, distinguishing it from competitors like Robinhood and Coinbase.

Bitwise predicted that Hyperliquid and Robinhood TradFi ventures will form the basis for a crypto bull-market comeback, which should lift Bitcoin and Ether. The article highlights the potential role of these entities in driving growth in the next bull market.

Credit card companies are increasingly producing luxurious, heavy metal cards as status symbols, despite the rise of digital payments. Examples include the Robinhood Platinum Card (99.9% platinum), American Express's mirrored card, and Revolut's steel cards, with prices and weights surpassing traditional plastic cards.

Bernstein has raised its price target for Robinhood, citing the brokerage's blockchain strategy which includes tokenized equities and the Arbitrum-based Robinhood Chain. Analysts suggest this strategy could reduce Robinhood's reliance on traditional cryptocurrency trading.

Bernstein raised its price target for Robinhood to $160, highlighting prediction markets, Rothera, and Robinhood Chain as key revenue drivers. The increase suggests potential growth in non-crypto revenue areas for the company.

Coinbase's Base blockchain project failed to establish a decentralized trading and social media platform, leading to financial losses and user dissatisfaction. Executive Jesse Pollak acknowledged mistakes in integrating social media features and favoring internal projects, while the broader crypto industry has shifted toward practical applications like tokenized assets and commodity trading.

A user received a fake security text from Singapore claiming their Robinhood account was compromised. After speaking to a scammer who guided them to transfer $1,000 to a 'safe wallet' and share their seed phrase, the funds were lost. Official Robinhood support confirmed the incident was a scam.

Cantor Fitzgerald has partnered with Securitize to issue blockchain-native shares for IPOs, contrasting with the wrapper model used by firms like Robinhood. The partnership aims to leverage Securitize's compliance-focused blockchain technology, which allows companies direct control over tokenized shares, and anticipates growing demand from crypto-native founders.

Ark Invest purchased $14 million in Circle shares and $1.5 million in Block Inc. while selling $3.2 million in Robinhood shares.

Robinhood states its AI agent feature will soon assist crypto traders, following the creation of over 70,000 agentic accounts by equities and options traders since the beta launch in late May.

Cathie Wood’s Ark Invest purchased $14 million worth of Circle shares while selling Robinhood stock. Circle Internet Group's stock fell 1.65% during Thursday's trading, with a one-month decline of 20.2%.

Arbitrum's price increased by 19% due to Robinhood's $568 million onchain trading activity. The surge in trading volume on Robinhood's platform contributed to the rise in Arbitrum's value.

A trader known as 'CASHCAT' turned $800 into over $1 million using Robinhood's new blockchain platform. The achievement highlights the potential of Robinhood's blockchain technology for generating significant returns.

Polymarket is re-entering the U.S. market with a new regulatory-compliant platform after settling federal charges in 2022. The company is hiring compliance experts and partnering with major organizations to rebuild trust and differentiate its U.S. operations from its offshore predecessor.

Polymarket is re-entering the U.S. market after a four-year absence, launching a campaign to rebuild trust through partnerships, influencer marketing, and new compliance hires. The company, which previously operated offshore following 2022 federal charges, now operates a CFTC-regulated U.S. platform separate from its blockchain-based international service. Key hires include executives from Coinbase, Robinhood, and former DOJ/FBI officials.

ETH is approaching $2,000 due to TradFi adoption, DAT buying, and a network upgrade, with Bitmine purchasing ETH and Robinhood enhancing its L2 infrastructure.