Robinhood pays $3.9M California penalty for crypto withdrawal issues
Customers could not withdraw their cryptocurrency and were forced to sell it back to Robinhood to exit the trading platform.
NASDAQ:HOOD
Robinhood hires ex Lyft tech head Jeff Pinner as CTO
Jeff Pinner joins Robinhood from GM and Honda backed self driving vehicle company Cruise, where he was a distinguished engineer.
Robinhood sets Revenue and Profit records in Q2 2024 driven by Interest, Crypto Trading
The largest individual Revenue item for Robinhood is now actually Interest income, up 22% year-over-year to $285 million.
Robinhood cancels 24 hour trading Monday-Tuesday
Robinhood 24 Hour Market’s execution venue, Blue Ocean ATS (BOATs), has suspended overnight trading.
Exclusive: Robinhood hires David Schwed to head brokerage information security
David Schwed joins Robinhood after serving for the past two years as COO of blockchain cybersecurity company Halborn.
Robinhood launches joint accounts
Joint accounts make investing more collaborative for families and loved ones, providing shared access for account holders.
Robinhood launches $1 billion stock buyback
Robinhood management currently expects to execute this buyback program over a two to three year period starting in Q3 2024.
Robinhood reports record Revenues of $618M in Q1-2024 led by 232% leap in Crypto activity
Robinhood transaction-based revenues increased 59% YoY to $329 million, driven by cryptocurrencies revenue of $126 million, up 232%.
Robinhood gets Wells Notice for its crypto business, expecting enforcement action
The potential action may involve a civil injunctive action, public administrative proceeding, and/or a cease-and-desist proceeding.
Robinhood looks to be one-stop-shop with launch of its first credit card
Robinhood CEO Vlad Tenev: We want to build a world for customers where all of their assets are custodied at Robinhood.
