Robinhood shares surge as Q4 crypto revenue jumps 700%
Robinhood’s record-setting $916 million net income beat industry expectations, fueled largely by a 700% year-on-year crypto revenue increase, pushing shares up 17% in after-hours.
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
Robinhood’s record-setting $916 million net income beat industry expectations, fueled largely by a 700% year-on-year crypto revenue increase, pushing shares up 17% in after-hours.
Why this matters
This cryptocurrency story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on CointelegraphRelated market context
Circle pays millions for Binance distribution while its margins collapse
Circle is doubling down on Binance after USD Coin (USDC) stablecoin customer balances on the exchange nearly quintupled since thei...
White Hats Beat Coldcard Attackers, Rescuing Millions of Dollars in Bitcoin
A group of white hats appears to have pulled off something victims of the Coldcard exploit desperately needed, securing 52.37 BTC...
Blockchain.com and NYSE Plan to Bring Tokenized Stocks to 44 Million Crypto Accounts
Blockchain.com plans to offer its users tokenized versions of U.S. exchange-listed stocks and ETFs through the New York Stock Exch...
Coinbase traced $1.1 million crypto trail behind AI phishing service EvilTokens
Microsoft and Coinbase helped dismantle EvilTokens, an AI phishing service tied to more than 12,000 compromised inboxes worldwide....
CryptoPunks, Boogles, and zkSnarks drive millions in NFT trading volume
The surge in NFT trading across multiple blockchains highlights the evolving dynamics and potential for cross-chain innovation in...
Cosmos Hub Restarts; 1.23 Million ATOM Moved From Neutron Attacker Wallet
The Cosmos Hub resumed producing blocks at 8:06 a.m. ET on Wednesday, and the restart moved 1.23 million ATOM out of the wallet of...