Robinhood Pays SEC $65M to Settle Allegations It Misled Customers
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Robinhood Faces Legal Action from US Regulator Over ‘Aggressive Marketing’: WSJ
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Continue ReadingRobinhood Gearing Up for Potential IPO in Early 2021: Report
Trading platform Robinhood Markets has begin searching for bank partners to assist it in an initial public offering that could be held in early 2021, according to Bloomberg. This story is developing and will be updated as more information is available.
Continue ReadingBaby Steps or Handcuffs? Crypto Pros Assess PayPal’s Bitcoin Play
Call it Crypto Lite – for now. Fintech giant PayPal confirmed its long-awaited move into digital assets Wednesday, offering its 346 million users the chance to buy, hold and sell bitcoin, bitcoin cash, ether and litecoin, with the blessing of New York state regulators. While the cryptosphere acknowledges the bullishness of a firm the size […]
Continue ReadingHackers Infiltrated Almost 2,000 Robinhood Accounts: Report
Nearly 2,000 Robinhood Markets accounts were hacked in a recent series of attacks that stole customer funds, an indication that the infiltration was more pervasive than previously believed, Bloomberg reported, citing a person with knowledge of an internal review.
Continue ReadingRobinhood Traders, Including Bitcoin Holders, Left in the Lurch Following Theft: Report
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Continue ReadingRobinhood Raises Cool $660M in Extended Funding Round
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Continue ReadingRobinhood May Face $10M SEC Fine Over Disclosure Failures
The leader in blockchain news, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups.
Continue ReadingFirst Mover: Bitcoin Tumbles, Bithumb Reportedly Raided, Uniswap Challenges Coinbase
You’re reading First Mover, CoinDesk’s daily markets newsletter. Assembled by the CoinDesk Markets Team and edited by Bradley Keoun, First Mover starts your day with the most up-to-date sentiment around crypto markets, which of course never close, putting in context every wild swing in bitcoin and more. We follow the money so you don’t have to. […]
Continue ReadingIs Robinhood Sending J. Jill Stock Soaring 157% in Big Risk Trade?
J. Jill stock’s 157% surge Tuesday looks like the work of retail investors on free brokerage apps like Robinhood. It’s a penny stock in a beaten-down company with a big brand teetering on the verge of bankruptcy, common fair on Robinhood. They came for Hertz, Delta, American Airlines, Carnival, and Ford. The retail crowd could […]
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