Robinhood | ForkLog

ForkLog 31 17.03.2025

Robinhood to Launch Prediction Platform

Online broker Robinhood announced the launch of a prediction market within its app. Users will be able to enter contracts based on the outcomes of major global events. According to Robinhood Vice President Jay B. Mackenzie, the new feature “will comply with existing regulations.” Initially, the platform will offer contracts predicting the upper limit of […]

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ForkLog 8 10.03.2025

Robinhood to Pay $29.75 Million to Settle FINRA Claims

Online broker Robinhood has agreed to pay a $29.75 million penalty to settle claims by FINRA related to oversight and compliance violations. Of the total amount, $26 million constitutes a civil penalty, while $3.75 million is allocated for client compensation. According to FINRA, Robinhood failed to address “red flags of potential misconduct,” leading to violations […]

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ForkLog 33 28.02.2025

Uniswap Simplifies Fiat Deposits and Withdrawals

Uniswap Labs has entered into agreements with Robinhood, MoonPay, and Transak, enabling users to sell crypto assets and deposit funds directly into a bank account from the Uniswap Wallet with just a few clicks. Turn your crypto into cash with Uniswap wallet ? Fiat offramping is now live, making it easier than ever to move […]

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ForkLog 8 27.02.2025

Robinhood CEO Envisions a Future Dominated by Cryptocurrency

Robinhood CEO Vlad Tenev declared that “cryptocurrency is the future” and outlined four strategic areas where the online broker plans to accelerate its industry offerings.

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ForkLog 61 24.02.2025

SEC Drops Investigation into Robinhood’s Crypto Division

The U.S. Securities and Exchange Commission (SEC) has ended its investigation into the crypto division of the online broker Robinhood. According to a press release, the regulator’s enforcement division informed the company of the conclusion of the review with no intention to press charges. In May 2024, the SEC warned the company of potential violations […]

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ForkLog 38 14.02.2025

Coinbase’s Q4 trading volume jumped 2.4x

Crypto trading volumes at Coinbase rose 137% in October–December; at online broker Robinhood, 393%. Drivers included hopes for friendlier regulation after Donald Trump’s victory. Trading volume on Coinbase in October–December surged to $439bn from $185bn in the prior quarter. Earnings per share came in at $4.31, 2.6 times the $1.81 consensus, according to Reuters. Data: […]

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ForkLog 10 30.01.2025

Robinhood to Introduce Bitcoin Futures Trading

Online broker Robinhood has announced the introduction of trading for futures on Bitcoin, gold, oil, the S&P 500 index, and “much more.” Take a look into the future: https://t.co/oIzJWZcGxH Futures trading with our new intuitive trading ladder is coming soon to Robinhood. pic.twitter.com/GtlZ4j6I9W — Robinhood (@RobinhoodApp) October 16, 2024 “Take a look into the future. […]

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ForkLog 5 28.01.2025

Bernstein Highlights Renewed TradFi Interest in Crypto Post-Trump Victory

Investors have acknowledged a resurgence of interest in cryptocurrencies and the need to ramp up activities in this sector following the U.S. presidential election. This is according to a Bernstein report, as reported by The Block. The firm’s clients are still uncertain about what “transformations await the digital asset regulatory regime.” “It’s just the beginning. […]

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ForkLog 22 05.11.2024

Paxos, Robinhood, and Kraken Collaborate to Promote USDG Stablecoin

Anchorage Digital, Bullish, Galaxy Digital, Kraken, Nuvei, Paxos, and Robinhood have joined forces to establish a “global dollar network.” [4/4] This is just the beginning. Join the new frontier: https://t.co/lKjnbabUaJ pic.twitter.com/ugHpsFJYZS — Paxos (@Paxos) November 4, 2024 The Global Dollar Network aims to accelerate the adoption of stablecoins worldwide. At its core is a “new, […]

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ForkLog 6 17.10.2024

Robinhood Unveils Desktop Platform for Active Traders

Online broker Robinhood has launched a desktop version named Robinhood Legend, targeting active traders, reports Reuters. The platform features advanced trading tools, real-time data, and both custom and preset templates. Developers have also added futures and index options to the list of products available in the mobile app. Such instruments are typically used by banks, […]

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ForkLog 9 08.10.2024

Potential Candidates for SEC Chairmanship Under a Trump Presidency

Dan Gallagher, the chief legal officer of Robinhood, is the leading candidate for the position of SEC chair if Donald Trump wins the U.S. presidential election, according to sources cited by Politico. Other contenders include former CFTC chairman Chris Giancarlo, SEC commissioner Hester Peirce, and the agency’s former chief counsel Robert Stebbins. “I am honored […]

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ForkLog 26 05.09.2024

Robinhood Crypto Fined $3.9 Million Over Asset Withdrawal Ban

The cryptocurrency division of online broker Robinhood will pay a $3.9 million fine as part of a settlement with the California Department of Justice. The settlement concludes an investigation by the department into the company’s violations of the state’s commodities law. Prosecutors initiated the case following complaints from platform users. Complaints against Robinhood Crypto included: […]

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