Robinhood’s new blockchain generated $26 million in revenue in its first quarter, offsetting the quarterly decline in crypto trading revenue and boosting total crypto revenue by 20%.
According to third-quarter results…
Robinhood’s crypto transaction revenue fell 55% in the third quarter, while growth in options, stocks, and prediction markets boosted total revenue, but shares fell about 5% after earnings.
According to results…
After Utah sued Kalshi, alleging it offered illegal gambling, the CFTC has also taken the state to court, escalating the jurisdictional battle over oversight of the platforms.
According to The Block,…
According to a Reuters report, the CFTC is again investigating whether Polymarket complied with rules on access by U.S. users, even though similar investigations last year were closed without charges.
A…
Crypto.com and its derivatives partner OG.com have begun offering crypto contracts with no expiration date and up to 5x leverage to eligible investors in the United States.
According to The Block,…
As the dollar and stock market swung sharply following Brazil’s election results, companies’ search for ways to protect their money led to a major increase in Bitcoin and dollar-backed stablecoin…
As Bitcoin fell about 4% in October, the Coinbase Premium—a measure used to track demand from U.S. buyers—dropped to its most negative level since June, signaling that buyers remained weak.
According…
SoFi shares rose about 15% after the company reported record third-quarter results, while attention focused on how $161.6 million in gross revenue from crypto transactions fell to $1.6 million after…
Coinbase will automatically convert 14 restricted crypto assets remaining in retail users’ accounts in the European Economic Area on October 30, and deposits made after the deadline will not be…
Ripple, BNY and C2FO have joined forces for an XRP Ledger-based pilot aimed at helping suppliers access financing within seconds against approved invoices, instead of waiting days.
According to a statement…
Galaxy Digital reported a net profit of $323 million in the third quarter, buoyed by gains in the value of its investment portfolio and data center revenue, and approved up…
CF Benchmarks, which prepares the price indexes used in BlackRock’s Bitcoin ETF, has entered the blockchain data market with a new service, competing with projects such as Chainlink and Pyth.
According…