Robinhood Chain Surges to $875M DEX Volume
Robinhood Chain hit a record $875M in DEX volume on Aug. 30, driven by $432M from Uniswap v4 and boosted by $4.3B tokenized stocks in 30 days. #Update #Crypto
Robinhood
Ethereum Surpassed by Robinhood Chain Revenue
Robinhood Chain’s 24-hour app revenue hit $2.66M, surpassing Ethereum mainnet and Hyperliquid temporarily, highlighting its distribution advantage but not displacing Ethereum’s dominance. #Update #Crypto
FOMO Surges to Top 5 US Finance
Fomo, a crypto trading app, entered the top five U.S. finance apps on Apple’s App Store, surpassing Cash App and Kalshi with over 600K users. #Update #Crypto
Robinhood Chain Revenue Surpasses Ethereum
Robinhood Chain apps generated $2.66M in 24-hour revenue, surpassing Ethereum and Hyperliquid on August 31, driven by Gmgn, Pons, and Uniswap. #Update #Crypto
Robinhood Cuts 290 Jobs Shares Surge 5%
Robinhood cuts 290 jobs, taking a $28M restructuring charge as HOOD shares rise 5% amid record trading volumes. CEO Vlad Tenev emphasizes a lean team strategy. #Update #Finance
Robinhood Acquires Canada’s Top Crypto Platform
Robinhood Markets has completed its acquisition of WonderFi, integrating 300,000 Canadian users into its platform. This marks Robinhood’s official entry into Canada. #Update #Crypto
AI Agents Launch to Trade Stocks on Robinhood
@Robinhood has launched agentic trading, allowing AI agents to trade stocks for users, with plans to expand into cryptocurrencies. Security measures are in place to prevent fraud. #Update #Crypto
Robinhood Launches AI Trading for 27M Users
Robinhood launches Agentic Trading beta, enabling 27M users to deploy AI agents like ChatGPT for autonomous equity trading; crypto support coming soon. #Update #Finance
Crypto Clarity Act Nears US Approval
Robinhood CEO Vlad Tenev announced the U.S. is close to passing the Crypto Clarity Act, resolving key legislative issues impacting digital asset regulation. #Update #Legal
Wisconsin Sues Crypto Giants Kalshi and Coinbase
Wisconsin has filed lawsuits against @Kalshi, @Polymarket, @Robinhood, @Crypto.com, and @Coinbase to prohibit sports betting derivatives, claiming they violate local gambling laws. #Breaking #Legal $CRO
OpenAI Secures $75M Investment from Robinhood
Robinhood Ventures Fund I invests $75M in OpenAI to expand retail access to private AI firms amid declining U.S. public listings. #Update #Finance
Ethereum Hosts Exclusive NYC Event
The Ethereum Foundation hosted an exclusive forum in NYC with financial giants like BlackRock and Western Union, highlighting institutional interest in $ETH’s ecosystem. #Update #Finance $ETH
Robinhood Launches $1.5 Billion Buyback Program
@Robinhood has initiated a $1.5 billion share buyback program, its third in two years, despite a 4.7% stock price drop, aiming to boost investor confidence and growth outlook. #Update #Finance
Ethereum Scaling Vision by Robinhood Crypto
Robinhood’s Head of Crypto reveals plans to build an Ethereum Layer-2 solution to address scalability and usability barriers for mass adoption. #Update #Crypto $ETH