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Ether Cryptocurrency Nears Record High Amid WSB Trading Buzz

Ether Cryptocurrency Nears Record High Amid WSB Trading Buzz

Analysts say the trading movement started by WallStreetBets may boost adoption of ether and other cryptocurrencies.

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Robinhood CEO May Testify Before US House Committee Over GameStop Allegations

Vlad Tenev will likely appear before a U.S. virtual hearing as lawmakers investigate the firm’s recent trading restrictions, a Politico report says.

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21Shares Launching First Polkadot ETP on SIX Exchange

The Polkadot ETP (PDOT) will list on the Swiss SIX Exchange on Thursday.

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Robinhood’s challengers are plotting as the popular brokerage startup faces scrutiny

Quick Take

  • Robinhood’s smaller rivals are looking to capitalize on its recent headaches.
  • Taking on Robinhood will be easier said than done, however, as it continues to grow even amid adversity.

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SEC charges ‘Bitcoiin’ execs with defrauding investors out of $11 million

The SEC has charged three people involved with Bitcoiin2Gen with securities fraud, and one has received additional criminal charges.

The post SEC charges ‘Bitcoiin’ execs with defrauding investors out of $11 million appeared first on The Block.

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SEC Charges Three of Stealing $11.4M Through Token Backed by Actor Steven Seagal

The Bitcoiin2Gen trio allegedly bilked investors through false statements and celebrity crypto endorsements.

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Robinhood made nearly $1 billion from payment for order flow revenue in 2020

Robinhood — the brokerage app company that’s been making headlines for last week’s retail stock mania – raked in nearly $1 billion in payments from high-speed trading firms during 2020, according to data compiled by The Block. 

The post Robinhood made nearly $1 billion from payment for order flow revenue in 2020 appeared first on The Block.

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[SPONSORED] LMAX Digital: the optimal combination of deep institutional liquidity and proven, trusted LMAX Group trading technology

Leveraging the LMAX Group’s proven low latency technology and liquidity relationships, LMAX Digital offers global financial institutions the market-leading solution for crypto trading and custodial services.

The post LMAX Digital: the optimal combination of deep institutional liquidity and proven, trusted LMAX Group trading technology appeared first on The Block.

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Market Wrap: Bitcoin Trading Tepidly at $33.7K While SushiSwap Eats Raw Market Share

The investor spotlight is now shining on DeFi tokens and trading.

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Facial Recognition Tech May Be Being Used Against Russian Protestors

Russian police officials may be tracking attendees at pro-Navalny protests using facial recognition tools, detainees claim.

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