Robinhood crushes Q1 report, analyst declares it is no longer a ‘joke for millennials’

Robinhood reported one of its strongest quarters yet, with Q1 revenue rising 50% year-over-year to $927 million and net income more than doubling to $336 million. Robinhood reported first quarter results after Wednesday’s closing bell. Earnings per share of 37…

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Here’s How Much Crypto Robinhood Currently Holds

Robinhood swings to profit with a boost from cryptocurrency deposits, topping expectations with $30 million in earnings and a 24% revenue jump to $471 million

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Dogecoin Sees Mysterious $14M Transfer from Robinhood

On Monday, 166.2 million Dogecoins, worth approximately $14 million, were transferred from Robinhood to an unknown wallet

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More Than $10 Worth of Dogecoin (DOGE) Transfered from Robinhood

A whopping 112 million Dogecoin (DOGE), valued at $10.4 million, has been transferred from Robinhood to an unknown wallet

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Robinhood’s crypto wallet waitlist has surpassed 1 million

Robinhood has over 1 million customers on the waitlist for its crypto wallet, with… The post Robinhood’s crypto wallet waitlist has surpassed 1 million appeared first on Coin Journal.

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Robinhood Fined $70M For Causing “Significant Harm” To Customers

Robinhood has been fined by FINRA and the finance company will have to pay roughly $70 million in penalties. The company was fined for causing what was described as “widespread and significant” harm to customers.

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US Financial Regulator Slams $70 Million Fine On Robinhood for Misleading Customers

The US Financial Industry Regulatory Authority (FINRA) has slammed a $70 million fine on trading platform Robinhood. According to the statement released, Robinhood was authorized to pay the penalty for misleading customers, systemwide outages, and trading practices.

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FINRA Orders Robinhood to Pay Record $70 Million Fine

The FINRA has ordered Robinhood to pay $70 million as a penalty for harm caused to consumers for various reasons. The post FINRA Orders Robinhood to Pay Record $70 Million Fine appeared first on BeInCrypto.

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tZERO to tokenize $18M of stock for the ‘Robinhood of real estate investing’

Around $18 million worth of NYCE’s common shares will be tokenized and supported for secondary trading on tZERO’s security token trading platform.

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FINRA directs Robinhood to pay $70M in penalties for March 2020 outages

The Financial Industry Regulatory Authority (FINRA) has ordered Robinhood Financial LLC to pay approximately $70 million ($50. 68 million) in penalties for unethical trade practices. The self-regulating organization unveiled this news through a press release earlier today, noting that it had fined Robinhood $57 million (£41.

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Kraken Cuts Deposits Fees to Zero, Will Integrate DeFi to Provide More Direct Exposure

Cryptocurrency exchange Kraken has cut down its deposit fees to zero, starting June 29th, 2021. While Kraken has only slashed the fees to zero now for its seven million clients, brokerage firm Robinhood is already commission-free that doesn’t charge to open and maintain an account or to transfer funds to an account.

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Robinhood Adds 9.5 Million New Crypto Users As Mainstream Adoption Continues

As cryptocurrencies continue to surge to new highs and bask in the media’s limelight, Robinhood reported major growth in the number of users trading crypto on their platform. According to their blog post, the California-based broker saw its crypto user base grow to an all-time high of 9.

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Robinhood Saw Cryptocurrency Trading Spike To 9.5 Million Customers In Q1

Robinhood announced major growth in the number of customers making cryptocurrency trades — up to 9.5 million in the first quarter of 2021.

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Crypto traders on Robinhood reach record 9.5 million in Q1

Online brokerage Robinhood announced on Thursday that the number of users on its platform for the first quarter hit a record level of 9. 5 million. Based on the announcement, the recent number is 6 times higher than the total number in the previous quarter.

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Robinhood Reports 50% More Active Crypto Users at 9.5 Million Than Coinbase

“It's a big year for crypto,” says Robinhood, whose crypto users grew six-fold from the previous quarter. The post Robinhood Reports 50% More Active Crypto Users at 9.5 Million Than Coinbase first appeared on BitcoinExchangeGuide.

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Robinhood Has Almost 10 Million Cryptocurrency Customers

Robinhood has reached 9.5 million crypto customers

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Number of crypto traders on Robinhood grew 5-fold in a quarter

Robinhood reported that 9.5 million users traded cryptocurrency through its app in Q1. This is almost 5 fold more than in the IV quarter of 2020.

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Crypto Transfers Security Ramped up with ethbox IDO

Crypto adoption by mainstream investors is currently exponentially rising. A report by Robinhood, a trading app used by the modern layman investor, titled “Crypto Goes Mainstream” revealed that 6 million new crypto users were registered on the platform in the first two months of 2021, which is more than 10 times the monthly average of […]

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Robinhood has gained 6 million users this year

Retail trading app Robinhood has recently reported an increase in the number of new users, as they line up for a share of the cryptocurrency gains. The company, in a blog post, stated that it has grown its user-base by 6 million this year.

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Robinhood Adds 6 Million New Crypto Users in First 2 Months; 2021 Starting With A Bang

“The numbers are clear: 2021 has started with a crypto bang,” says the online brokerage. The post Robinhood Adds 6 Million New Crypto Users in First 2 Months; 2021 Starting With A Bang first appeared on BitcoinExchangeGuide.

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Despite GameStop Saga, Robinhood Added 3 Million New Crypto Users in February

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Аудитория криптоплатформы Robinhood за январь-февраль выросла на 6 млн

Число пользователей мобильного приложения Robinhood для торговли криптовалютами за первые два месяца этого года увеличилось на 6 млн. First-time buyer? Long-term #HODLer? 🚀 This year, six million of you used Robinhood Crypto for the first time to buy and sell #crypto.

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Tron’s Justin Sun Vows to Buy $10 Million in GameStop Stock

Beincrypto reported on Tuesday that the subreddit group r/wallstreetbets orchestrated a short squeeze that sent GameStop’s stock price to an all-time high of $492 per share on Thursday. According to the Robinhood website, the firm restricted certain securities to “closing positions only” due to “significant market volatility.

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Robinhood agrees to settle US SEC charges for $65 million

Trading app Robinhood has agreed to pay $65 million to settle charges from United States Securities Exchange Commission (SEC). The Federal agency accused the firm of “misleading customers” about iThe post Robinhood agrees to settle US SEC charges for $65 million appeared first on AMBCrypto.

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Robinhood Pays SEC $65M to Settle Allegations It Misled Customers

Robinhood's commission-free trading model actually deprived customers of $34 million, the SEC alleged.

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Robinhood Raises $460M for A Total of $660M in Series G; Will Focus on Enhancing the Trading App

The retail trading app, Robinhood, announced an additional $460 million extended fundraising in its Series G round, bringing the total round funding to $660 million. Some of the current investors, including Andreessen Horowitz, Sequoia, and DST Global, participate in the round.

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Robinhood cashes in on lockdown trading surge with $660M Series G funding

The stock and crypto trading app has added a further $460 million in the last closings of its new funding round.

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Robinhood Raises Cool $660M in Extended Funding Round

Following a retail bonanza this summer, trading app Robinhood says it has raised $660 million in an extended Series G round.

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Robinhood Valuation Climbs $11.2 Billion with New $200 Million Funding

Coinspeaker Robinhood Valuation Climbs $11. 2 Billion with New $200 Million FundingWith the latest funding, Robinhood announced an additional $200 million amid a season of consistent growth for the company.

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Crypto Trading App, Robinhood, Soars To $11.8 Billion Evaluation After $200 Million Series G Funding

Robinhood has closed its Series G funding at $200 Million. The Brokerage application firm made this announcement today via their official blog. The new cash injection brings their company valuation to $11.

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Bolstering Bitcoin: Grayscale CEO Barry Silbert Aims to Target 13 Million Users Of Robinhood

Grayscale is finally starting to rip off the benefits of amassing crypto assets. As the world’s largest digital assets manager, the investments firm has recorded stellar gains in the second quarter of 2020, following increased institutional crypto adoption, and a friendly crypto regulatory atmosphere.

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Visa Partner Non-Custodial Lightning Network Wallet Zap Secures $3.5 Million Funding

The non-custodial Lightning Network wallet Zap has closed a $3. 5 million seed round led by Green Oaks Capital, which previously backed Robinhood and Stripe. Morgan Creek co-founder Mark Yusko and Anthony Pompliano also joined the round.

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Robinhood Raises Another $320M in Series F; Trading Apps Valuation Soars to $8.6 Billion

The crypto-friendly mobile trading app, Robinhood, has raised another $320 million in its new funding round. This takes the total amount of funds raised in its Series F funding round to $600 million, and its overall valuation to a whopping $8.

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Robinhood Secures $280M in Series F Funding, Plans to Expand Globally

In brief: Robinhood has secured $280 Million Series F funding after an $8. 3 Billion valuation.   The funding will drive a push to expand the platform globally.   Robinhood also plans on scaling the platform and offering more products to users.

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Robinhood Crypto Secures $280M in Series F Funding

Equities and crypto trading company Robinhood has raised $280 million in its latest financing leg at an $8. 3 billion valuation. Robinhood Markets Inc. , which gained massive popularity in the stocks and crypto trading arena with its zero-commission offering, has completed its Series F funding.

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Robinhood Maxes Out $200M in Credit Amid Coronavirus Fears, Experiences System Shutdowns

Robinhood continues to experience significant system malfunctions. Amid the uncertainty, the company drew all $200 million it had in credit as a precaution. Robinhood is not only among the most popular place to buy stocks, but it also remains a growing hub of cryptocurrency trading.

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Galileo Financial Raises $77 million after 19 Years in the Making

Coinspeaker Galileo Financial Raises $77 million after 19 Years in the MakingMany of the most discerning tech companies globally – including Chime, Robinhood, Monzo, Revolut, Transferwise, Varo and many others – trust Galileo’s APIs to open and verify new financial accounts, issue and process payment cards, and launch new products.

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Robinhood Announces Revamped Cash Management Feature With 2.05% APY

Coinspeaker Robinhood Announces Revamped Cash Management Feature With 2. 05% APYAfter trying at a similar endeavor and failing in December last year, Robinhood has announced a feature that promises users returns on their uninvested funds.

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Robinhood Raises $323M from DST, Sequoia, and Ribbit Capital Tops $7.6B Valuation

Coinspeaker Robinhood Raises $323M from DST, Sequoia, and Ribbit Capital Tops $7. 6B ValuationRobinhood, the stock trading app, has achieved a Series E valuation of $7. 6 billion after a successful $323 million funding round led by DST Global, Ribbit Capital, Sequoia, NEA, and Thrive Capital.

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Robinhood Raises $323 Million, Still Worth Less Than Coinbase

Robinhood has raised a colossal $323 million in its latest funding efforts, making the millennial-focused stock-and-crypto trading app worth approximately $7. 6 billion. Despite its mainstream appeal, the “no commission” broker is still worth less than Bitcoin-focused Coinbase, which boasts a valuation of more than $8 billion.

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Robinhood Raises $323 Million From DST, Sequoia, and Ribbit Capital

The $323 million in funding from crypto notables, including Ribbit Capital and Sequoia, brings Robinhood's valuation to $6.7 billion.

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Bitcoin Wunderkind Erik Finman Launches Coinbase Rival

By CCN Markets: Bitcoin entrepreneur Erik Finman, who became a millionaire by age 18, wants to bring crypto to the masses through a new investing platform called CoinBits. In fact, Finman is so confident in his concept that he projects he’ll be able to onboard one million customers within the next 12 months.

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Robinhood Crypto Trading App Looks to Secure $200 Million In Funds Per Bloomberg Report

Robinhood, the crypto and stock trading app popular among Millennials, is ready to raise $200 million in a funding round. This is according to a recent report released by Bloomberg. The report says that a source familiar with the matter explained some of the details of this new funding round. Robinhood App Could Raise $200 […]

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Trading App Robinhood Set to Raise at Least $200 Million: Report

A new funding round, worth at least $200 million, is set to be raised by trading app Robinhood, Bloomberg reports

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Robinhood Attracts $200 Million as Valuation Swells to $7 Billion: Report

By CCN: Who says millennials don’t like to save and invest their money? By building a commission-free stock brokerage and trading app with a slick interface, Robinhood has built a $7 billion business in just six years.

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Robinhood Crypto Review | How Does This Exchange Compare?

Robinhood Crypto reached a waitlist of over 1 million users prior to launch in early 2018, but how does it stack up post-launch? The post Robinhood Crypto Review | How Does This Exchange Compare? appeared first on CoinCentral.

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Robinhood Introduces Clearing, New System With Lower Fees

Very few start-ups have had as much success in both stocks and digital currencies as Robinhood has. The trading app allows its users to trade in traditional and digital securities without paying hefty transaction fees, simplifying the user experience.

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Two Major Cryptocurrency Firms Move Closer to Initial Public Offering

Two well-known cryptocurrency exchanges, U.S. based Robinhood and Huobi of Singapore, are inching closer to a much anticipated initial public offering (IPO), CoinDesk reports. With the initial coin offering (ICO) space appearing to be losing traction—especially considering that August campaigns raised just $326 million in total, the lowest in 16 months—a handful of organizations are… The post Two Major Cryptocurrency Firms Move Closer to Initial Public Offering appeared first on UNHASHED.

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Crypto, Blockchain Companies Shine in LinkedIn’s Top 50 U.S. Startups

LinkedIn has been keeping its finger on the pulse of the United States’ most thriving startups, and crypto organizations are showing tremendous signs of life — and growth.

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