Cryptocurrency trading platform Robinhood has agreed to pay up to $3.9 million in settlement fees following complaints filed by customers several years ago. The penalties also include new, stricter conduct requirements. The investigation into Robinhood was prompted by consumer grievances related to questionable practices within its cryptocurrency division. Robinhood to Pay $3.9 Million to Customers
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The network’s decision to replace its native token with a new one should typically spark a positive response. However, since Polygon confirmed the September 4 date for migrating its native token MATIC to POL, it has faced a series of problems. User activity has declined, and large holders have steadily offloaded their tokens, putting downward
Bloomberg’s senior analyst, Eric Balchunas, predicts a surge in the popularity of crypto exchange-traded funds (ETFs) following the introduction of Ethereum ETFs. Indeed, Balchunas believes a Solana ETF could be the next to hit the crypto market following. Solana ETF in the Spotlight The SEC has extended its decision on the Ethereum ETF trading approval
As the decentralized physical infrastructure networks (DePin) sector matures, Binance Research has pinpointed several pivotal themes for the latter half of 2024. These themes highlight the integration of DePin with traditional infrastructure and Web2 interfaces, the expansion of token utility, and the rise of ownership economy applications. DePin technologies are carving a niche by facilitating
The total crypto market cap (TOTAL) continues to grow, as observed over the last few days. This is followed by Bitcoin (BTC), which is currently above $65,000, inching closer to $67,000. On the altcoin front, Worldcoin (WLD) could be seen leading the brigade owing to a rather seemingly bearish announcement. In the news today:- BlackRock’s
The approval of spot Ethereum exchange-traded funds (ETFs,) previously expected by July 18, now faces another delay. New predictions indicate a potential go-ahead on July 23. This adjustment adds a new chapter to the saga that has seen several approval dates come and go without a final decision. Why Analysts Predicted July 23 For the
BlackRock CEO Larry Fink has emerged as a vocal advocate for Bitcoin. On CNBC’s “Squawk on the Street,” Fink articulated why investors should consider Bitcoin a key portfolio component. Fink’s endorsement is noteworthy given BlackRock’s stature, managing over $10 trillion in assets. Why Larry Fink Believes in Bitcoin’s Potential During his CNBC appearance, Fink emphasized
The price of Stacks (STX) is making its way back up to where it was before the bearish cues took over the crypto market. The investors see the potential that the asset has and change their tone, as does the market. Stacks of Green Candlesticks STX price is set to benefit from investors’ optimism after
Nate Geraci, president of ETF Store, predicts the imminent approval of the spot Ethereum (ETH) exchange-traded fund (ETF). Analysts and industry leaders, including Matt Hougan from Bitwise Asset Management, have echoed Geraci’s optimism. They believe the approval could drive substantial interest and investment in Ethereum, potentially reshaping the market and broader crypto industry. Industry Experts
A ransomware group tied to a June cyberattack on CDK Global received over $25 million in Bitcoin, as reported by on-chain investigator ZachXBT. Last month, CDK Global faced an attack that disrupted its software, affecting around 15,000 US car dealerships. CDK Paid 387 BTC to End Cyberattack According to ZachXBT, an address linked to BlackSuit