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Robinhood's Bitstamp Trading Drives Growth, Executive Says 'The Good Thing for Stocks…We Introduced Cryptocurrency' – Robinhood Markets (NASDAQ:HOOD)
trading platform robinhood market hood We continue to add more services available to retail traders. One of those services is cryptocurrency. Bitstamp. “We have many products,” says Robinhood Cryptocurrency General Manager Johan Kelblatt told Benzinga Zunaid Suleman He said this in an interview Thursday at the 2024 HOOD Summit in Miami. In addition to stock and options trading, Robinhood offers cryptocurrencies such as: Bitcoin BTC/USD, Ethereum ETH/USD and dogecoin doge/usd. Robinhood Crypto allows users to self-custody and manage their assets in a wallet, Kerblat said. He said that for many new crypto investors, it is important to start small and…
Donald Trump's cryptocurrency project, World Liberty Financial, released a 13-page document Thursday explaining its mission and how it will allocate its tokens, allowing the Republican presidential candidate and his family to take home 75% of their net proceeds. suggested that there is a sex.World Liberty Financial (WLF) said the Trump family will receive 22.5 billion “$WLFI” tokens in what it calls “World Liberty Gold Paper,” including 1 token at launch. Based on a price of 1.5 cents per dollar, it is now worth $337.5 million. this week.Trump, who is in a virtual dead heat with Vice President Kamala Harris as…
A new update is now available for Ethereum Pectra Upgrade. According to Galaxy Vice President and Researcher Christine Kim, developers discussed the upgrade at the recently held 144th All Core Developer Consensus Call (ACDC). In particular, the developers decided to include EIP 7742 in the Pectra upgrade. Updates to Pectra's EIP 7742 and EIP 3074 This EIP 7742 creates a mechanism for the consensus layer (CL) to dynamically set blob gas targets and maximum values. Apart from this EIP, an increase in the number of blobs is also likely to be included in the Pectra update. However, Kim noted that…
If Grayscale introduces a DOGE-based product, it could attract institutional and retail investors and drive demand for Dogecoin. Despite the current decline, DOGE has surged over 15% over the past week and over 22% over the past 30 days. Grayscale, a prominent crypto asset management company, recently announced plans to expand its product offering with the Dogecoin (DOGE) investment vehicle. The company said in a blog post that Dogecoin, known for its popularity in the meme coin space, is currently being considered as a potential asset for future products. Additionally, the inclusion of Dogecoin could set a new precedent for…
Prosecutors say Eric Council Jr., 25, of Athens, Alabama, tried to skyrocket the value of Bitcoin and profit by publicizing a bogus decision to sell large amounts of the acquired currency. announced that he was a member of a criminal group. At a much cheaper price. The Council's alleged role in the conspiracy was to control the phone numbers that received text messages that received two-factor authentication codes for SEC accounts. SIM swap structure The indictment filed in the U.S. District Court for the District of Columbia provides a step-by-step explanation of how the alleged SIM swap took place. 12.…
World Co-Founder Sam AltmanGetty Images WorldCoin, Sam Altman's cryptocurrency project that scans people's irises in exchange for digital token allocations, will be rebranded as “World” as it seeks to define its purpose and expand its scope, the company announced Thursday. did. The project was initially launched with the aim of providing a universal basic income, using a basketball-sized biometric reader called Orb to collect iris data in return for a portion of the company's cryptocurrency WLD. A one-time payment was made. But since the AI craze started with ChatGPT, developed by Altman's other company, OpenAI, Tools For Humanity, the company…
Sam Altman's World Coin is now World, and you'll see a new iris-scanning orb that proves your humanity
WorldCoin, the “personality proof” crypto project co-founded by Sam Altman that scans people's eyeballs, announced Thursday that it has dropped “coin” from its name and is now simply “World.” Tools for Humanity, the startup behind the World project, also unveiled its next-generation iris scanning “Orbs” and other tools at a live event in San Francisco. Tools for Humanity co-founder and CEO Alex Branier said the project's old name “doesn't work anymore” and that the startup has expanded its identity beyond its original cryptocurrency mission. This suggests that they may be trying to expand. (Initially, eye scans were seen as a…
Stripe co-founder John Collison has overseen the fintech giant's re-entry into the cryptocurrency space.Getty Images Months after co-founder John Collison declared “crypto is back,” fintech unicorn Stripe is in talks to acquire Bridge, a start-up that provides infrastructure for crypto stablecoins. five people familiar with the discussions said. forbes. The price tag is $1 billion, three of them said. The acquisition is still under discussion and could be subject to exit by either party, but it is likely to be Stripe's largest to date, and was most recently valued at $70 billion. Regulatory considerations such as licensing and compensation for…
Alabama man arrested for hacking SEC social media accounts that caused Bitcoin price to skyrocket
WASHINGTON (AP) – An Alabama man was arrested Thursday on suspicion of being involved. january hack The Department of Justice has announced fraudulent activity on the U.S. Securities and Exchange Commission's social media accounts that caused the price of Bitcoin to skyrocket.Eric Council Jr., 25, of Athens, is charged with aiding and abetting the break-in of SEC accounts on X, formerly known as Twitter, allowing hackers to prematurely announce approvals. are. The long-awaited Bitcoin exchange traded fund.Bitcoin prices soared more than $1,000 at one point after a post claimed, “SEC has approved listing of #Bitcoin ETF on all registered national…
Bitcoin hash prices rose to a two-month high, surpassing $50 for the first time since mid-August, according to Hashrate Index data.On October 17th, Hashprice reached $53.64, its highest price since August 23rd. This follows a significant drop in September, when Hashprice fell to an all-time low below $40.Digital Mining Solutions founder Nico Smid said the recent increase would bring much-needed relief to miners affected by tough market conditions.Over the last year, hash prices have consistently hovered above $60 per petahash (PH/day). Smid suggested that Bitcoin would need to reach $83,000 to return to that level with the current network difficulties.Hashprice…