In its Q4 report, Robinhood missed revenue and profit projections.
The Q4 and 2022 financial figures for Robinhood have been released. The business came up short in terms of earnings and revenue. Additionally, it disclosed that it would repurchase a $578 million share bought by FTX executives.
The CEO of Coinbase criticizes US SEC staking prohibitions.
Brian Armstrong, CEO of Coinbase, claims to have received allegations that the SEC is considering outlawing bitcoin staking in the US. Cryptocurrencies that permit staking may meet the Howey test for securities status, according to SEC Chairman Gary Gensler.
Binance is forming an industry consortium to protect cryptocurrency.
A CoinDesk insider claims that Binance is assembling a group of cryptocurrency companies to promote industry trust. Numerous crypto companies have already signed up, but as of this writing, nobody has made their presence public.
SEC Investigates Kraken Crypto Exchange for Providing Unregulated Assets
The SEC's latest target is the cryptocurrency exchange Kraken. Kraken consented to compensate the US. $362,000 was paid to the Office of Foreign Assets Control of the Treasury Department for alleged sanctions imposed on Iran last year.
Binance Academy Fellowship For Filipino Students To Improve Web 3.0 Skills In The Philippines
Binance Academy, the educational platform of the world's top blockchain ecosystem and cryptocurrency infrastructure provider, has announced the Binance Scholar Philippines Web 3.0 Scholarship in collaboration with Edukasyon.ph, the Philippines' biggest education technology platform.
Top 5 Reasons Why You're Not a Crypto Millionaire
This article highlights the top 5 reasons why people have not become crypto millionaires despite the rise of cryptocurrency. These reasons include a lack of knowledge, fear of the unknown, poor timing, failing to diversify investments, and a lack of patience. The article emphasizes the importance of education, overcoming fear, proper timing, diversification, and patience for success in the world of cryptocurrency.
New FTX CEO's Courtroom Remarks: FTX Has Been Pure Hell
John Ray III, the CEO of FTX, addresses the US Bankruptcy Court on the disarray and ignorance within the company. Learn about the challenges that were faced. John J. Ray III, CEO of FTX, has made $690,000 during the last two months. This would seem like a daydream to the average person, but he believes it to be his worst nightmare.
Ethereum's possible increase in value due to Visa's push might occur now.
DeFi helped the Ethereum network gain popularity since the biggest protocols were developed on top of it. This caught the attention of industry leader in electronic payments Visa, which only recently declared its endorsement for Ethereum as a means of payment settlement.
ChatGPT.ens domain name sells for over $10k
Because of the rising interest in ChatGPT and other AI-based technologies, AI crypto assets have thrived.
US Judge Denies Bankman-Request Fried's for Bail Adjustment
A combined plea to change Sam Bankman-bail Fried's conditions so that he could use specific chat apps was denied by a federal judge.
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