Robinhood Shares Sinks as Crypto Trading Weakness Persists
Robinhood just launched a public test of its Crypto Wallets, with a full launch planned for the first calendar quarter of 2022. After the commission-free trading platform revealed a decline in crypto revenues, as well as total fourth-quarter revenues and profitability that fell short of analyst projections, Robinhood (HOOD) shares plunged nearly 13% to $10.12 […]
US DOJ Charges Cryptsy Exchange Founder for Stealing $1M in Crypto
The US Department of Justice charged Project Investors Inc. CEO and founder Paul Vernon with stealing $1 million from wallets held by the now-defunct crypto exchange Cryptsy. The Department of Justice charged Vernon, 48, with tax evasion, wire fraud, money laundering, computer fraud, and destruction of data in a federal investigation, among other things, in […]
Sky Mavis Axie Infinity founder unveils RON Governance Token
Creator of the play-to-earn game Axie Infinity Sky Mavis launches RON, a governance token for its Ethereum sidechain, the Ronin Network. Users can use the RON token to pay for transactions on Ronin, and it also has decentralized finance (DeFi) features including community governance and future utility via staking through validators to gain rewards. According […]
Minnesota Congressman Criticizes SEC for Rejecting Fidelity’s Bitcoin ETF
Following recent rejection of Fidelity’s Spot Bitcoin ETF application by SEC, Minnesota Congressman Tom Emmer slams SEC. Minnesota Representative Tom Emmer has chastised the Securities and Exchange Commission for rejecting Fidelity’s Wise Origin Bitcoin Trust’s proposal for a spot Bitcoin exchange-traded fund, which was originally filed in March. Another day, another baseless rejection of a […]
Artist Gal Yosef Joins the NFT Train After Eminem, Neymar, and Others
Following athletes, music stars, movie stars, and celebrities, internationally-renowned 3D artist Gal Yosef is the next to embrace the NFT craze. Yosef’s Meta Eagle Club NFT collection was just launched with the support of the internationally renowned Eden Gallery. Artists, NFTs, and Art The NFT craze, which was sparked by big stars like Snoop Dogg, […]