Robinhood Rallies Crypto Support As It Enables Crypto Assets Transfers
Robinhood has had a stock price in the last 24 hours as its app will now support the transaction of cryptocurrencies like Bitcoin, Polygon, and Shiba Inu. Robinhood, a trading app, announced that it is now accepting transfers for all listed crypto-assets on its platform. The app has announced that it would now accept transfers […]
Riot Blockchain had 73% YoY increase in BTC production in June
Riot Blockchain started moving its miners to Texas in June 2022 after reporting a considerable rise in production compared to June of the previous year. Riot Blockchain, one of the top cryptocurrency mining companies , mined 421 BTC in June this year, a significant rise over the 243 BTC generated in June 2021. To cut […]
FDIC investigates Voyager’s deposit insurance claims: Report
The issue for Voyager has gotten worse as the FDIC is looking into prior allegations made by the cryptocurrency company. The troubled cryptocurrency brokerage firm Voyager Digital has apparently come under investigation from the U.S. Federal Deposit Insurance Corporation (FDIC) for making claims that money was FDIC-insured shortly after declaring bankruptcy. On Thursday (July 7, […]
Ripple (XRP) Lawyer Warns Of More Class Actions After Solana Lawsuit
On the heels of litigation against Solana for promoting unregistered security, a Ripple lawyer has envisaged the ripple effects of the lawsuit on the entirety of the crypto market. As the crypto world grapples with different issues, a class action lawsuit has been filed against Solana Labs. It is accused of generating illegal profits by […]
VC firm Konvoy opens new $150M fund, targets blockchain-based games
According to Konvoy, a portion of the new $150 million fund would be invested in cryptocurrencies and blockchain-based games. Konvoy Ventures, a venture capital firm, plans to invest at least $30 million to support numerous games using cryptocurrencies and blockchain technology. With $150 million in funding, the American company announced the opening of Konvoy Fund […]