On Wednesday following the end of the markets, Robinhood disclosed its financial results for the fourth quarter. The American FinServ company claimed higher fourth-quarter sales as a result of the income surge. In the final quarter of 2022, Robinhood’s net interest revenue increased by 165% to $167 million. However, due to cautious retail traders in […]
Twitter Lags Behind Other Tech Giants In Disinformation Fight, EU Warns—As Musk’s Platform Antagonizes Regulators
The post Twitter Lags Behind Other Tech Giants In Disinformation Fight, EU Warns—As Musk’s Platform Antagonizes Regulators appeared on BitcoinEthereumNews.com. Topline Twitter’s efforts to tackle disinformation have fallen behind other major platforms in the last six months, the European Commission said on Thursday, chastising the platform for not taking its…
Troubling New Bombshell: SEC Reportedly Wants To Crack Down On Crypto Staking
As the United States regulators tighten their noose around cryptocurrency, rumours are swirling that the next target for the Securities and Exchange Commission (SEC) could be crypto staking for retail investors. Brian Armstrong, the CEO of Coinbase exchange, shared the same on Twitter Thursday. Banning Crypto Staking Would Be A “Terrible Path” For U.S. U.S. […]
Cardano and XRP Prices To Witness A Steep Fall Below This Level
The post Cardano and XRP Prices To Witness A Steep Fall Below This Level appeared on BitcoinEthereumNews.com. It is now the time for altcoin traders to watch their investment portfolios closely as the high fluctuation in the market creates a FUD situation. As the market has experienced…
Robinhood to buy shares back from FTX CEO SBF for $578M which were borrowed from Alameda research
According to the filing with the US Securities and Exchange Commission (SEC), SBF purchased a 7.6 percent stake in Robinhood in May 2022. Robinhood has stated that it would try to buy it back. In an affidavit, Ex-FTX CEO Sam Bankman-Fried and ex-FTX CTO Gary Wang formed a new company, Emergent Fidelity Technologies, to acquire […]
MakerDAO proposes Spark Protocol focused on DAI: ‘Endgame plan’
The post MakerDAO proposes Spark Protocol focused on DAI: ‘Endgame plan’ appeared on BitcoinEthereumNews.com. Maker’s governance forum had a proposal posted on Wednesday about Spark Protocol. It would allow lending and borrowing assets focused on DAI. The proposal is a part of the ‘Endgame…
Kalima (KLX) Blockchain Goes Live, Unveils SDK and Starts KLX Listing Campaign: Review
Here’s how Kalima (KLX) network introduces blockchain to IoT and spreads word about its KLX token
Celsius creditors, US gov oppose bankrupt’s lender extension request due to high cash burn rate
The U.S. government and creditors have objected to Celsius’ plan to extend its restructuring plan to June 30, according to Feb. 8 court filings. Celsius wanted to extend its exclusive filing period until March 31 and its exclusive solicitation period through June 30, according to a Jan. 25 filing. The firm argued that it might have […]
Russia offers subsidies on crypto mining in Siberia, details inside
Russia is now offering tax breaks to those who want to invest in cryptocurrency mining. Since the Ukraine war and ensuing financial sanctions, the Russian government has reversed its stance on cryptocurrency. As per an 8 February report by the local Russian media agency RBC, the state-owned Corporation for the Development of the Far East […]
Digital Gold Traded for Digital Rubles by Russia’s Rosbank
Rosbank has brokered Russia’s first deal involving the exchange of tokenized gold with the digital version of the Russian national fiat currency, the ruble. The successful transaction demonstrates the growing interest in digital financial assets and the need for digital ruble payments, the banking institution stated. Rosbank and Atomyze Exchange Gold and Rubles in Digital […]