Robinhood Markets, Inc. has disclosed selected monthly operating data for May 2023, which depicts a complex portrait of growth and decline in user engagement and trading activities. Robinhood reported an increase in net cumulative funded accounts (NCFA) to 23.1 million at the end...
Following the SEC’s recent lawsuits against major crypto exchanges, trading platform Robinhood has announced its decision to discontinue support for cryptocurrencies Cardano, Polygon, and Solana from June 27, underscoring the growing regulatory pressures within the crypto industry. In a recent development, Robinhood has...
Robinhood has launched Robinhood Connect, an update that empowers its crypto wallet users to access their funds and credentials directly through decentralized finance applications, eliminating the need for the Robinhood app itself. Robinhood has unveiled Robinhood Connect, a groundbreaking update that enables users...
Leading securities lawyer Tom Grady is reportedly preparing to file a lawsuit on behalf of retail investors against top U.S. crypto exchanges Coinbase, Robinhood, and others. According to reports, Grady alleges that these exchanges have violated state and federal securities laws by transacting...