Robinhood turns profitable for the first time since going public

2023-8-3 11:30

Despite recording a profit, Robinhood recorded a fall of 18% in its crypto trading revenue in Q2. In June, Robinhood discontinued support for all tokens identified as securities by the SEC.

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robinhood june discontinued revenue trading support tokens

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Robinhood pulls the plug on MATIC, SOL, ADA amid SEC crackdown

U.S.-based digital trading app Robinhood announced today that it will end support for three major cryptocurrencies on June 27 — Cardano (ADA), Polygon (MATIC), and Solana (SOL). The company advised users to sell or transfer their holdings before the deadline, at which point the tokens will be automatically sold and converted to buying power on […] The post Robinhood pulls the plug on MATIC, SOL, ADA amid SEC crackdown appeared first on CryptoSlate.

2023-6-9 18:30