Robinhood Crypto, a division of the popular trading app Robinhood, recently came under fire for agreeing to pay a hefty $3.9 million fine to settle a California investigation. The investigation revealed a series of questionable practices that had been ongoing from 2018 to 2022. Perhaps the most concerning issue was Robinhood Crypto’s prevention of users
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Bitcoin’s price has been fluctuating recently, with significant drops and failed attempts at creating a bullish reversal. This downward trajectory can be attributed to various economic factors that are currently influencing the financial markets. One of the major concerns impacting Bitcoin’s price is the looming threat of a US recession. The uncertainty surrounding the US
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Bitcoin recently dropped below $56,000, signaling a continued downtrend. According to Arthur Hayes, former CEO of BitMEX, there is a possibility that Bitcoin could further decline to $50,000. Additionally, Hayes suggested that altcoins might face even more significant losses in the near future. Hayes’ pessimistic forecast is largely influenced by the broader macroeconomic landscape. He
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Cardano recently underwent a Chang upgrade on its Layer-1 blockchain, bringing about significant changes such as on-chain voting, Delegate Representatives, improved smart contract capabilities, and a new governance structure. Despite these enhancements, the price of ADA has seen a decline, sparking concerns among investors and traders. As of the latest data available, Cardano (ADA) is
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Recent news from the US Securities and Exchange Commission (SEC) sheds light on the importance of complying with investor protection regulations in the crypto industry. The SEC charged and settled with hedge fund Galois Capital Management LLC over a private fund managed by the firm that primarily invested in crypto assets. The charges stemmed from
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Ripple, a leading blockchain company, recently announced its partnership with South Korea’s Yonsei University as part of its University Blockchain Research Initiative (UBRI) program. This collaboration marks the addition of 58 partners worldwide, with 12 of them located in the Asia Pacific region. Yonsei University will focus on researching blockchain technology, particularly in areas such
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