: Robinhood cleared to buy FTX founder Sam Bankman-Fried’s stock, sending shares higher
FTX founder Sam Bankman-Fried owns more than 7% of Robinhood stock, which company plans to repurchase; trading app misses on fourth-quarter losses and revenue, co-founders cancel a half-billion in stock compensation for selves
Robinhood’s Crypto Revenue Declined 24% to $39M in Q4
The online trading broker overall missed both earnings and revenues estimates for the quarter.
Payments Company Affirm Is Shutting Down Its Crypto Business
During the bull market of 2021, Affirm had joined a number of fintech firms in offering clientele the ability to buy and sell crypto.
FTX gets court approval to subpoena founder Bankman-Fried, other insiders
Failed crypto firm FTX received court approval on Wednesday to issue subpoenas to its founder Sam Bankman-Fried and members of his family as part of the...
Cloud mining firm BitFuFu postpones merger with SPAC until May
Bitfufu's plans to go public have been delayed for the second time. The company is the cloud mining arm of Chinese mining giant Bitmain.
US stocks drop as Fed officials reinforce Powell's hawkish tone
US stocks closed lower on Wednesday, with investors weighing the economic outlook after more hawkish remarks from Fed officials.
Coin Cloud crypto ATM operator files for bankruptcy, owes over $100M to Genesis
Cash Cloud, operator of Coin Cloud cryptocurrency ATMs, filed for bankruptcy Feb. 2. The company claimed to have over 5,000 ATMs and was at one time the second largest player in its space.
EminiFX CEO Eddy Alexandre Set to Plead Guilty to Role in Alleged $59M Ponzi Scheme
Alexandre is now expected to plead guilty for his role in an alleged fraud that federal prosecutors say duped investors out of $59 million.
FTX Bankruptcy Judge Allows Company to Subpoena Founder Bankman-Fried, Other 'Insiders'
U.S Judge John Dorsey ordered that FTX's new leadership and its official creditor committee can subpoena the company's founders and former executives, including Sam Bankman-Fried, Gary Wang, Caroline Ellison, Nishad Singh and Bankman-Fried's family.
Craig Wright Loses Bitcoin Copyright Claim in UK Court
Wright, self-proclaimed inventor of the cryptocurrency, has argued variants such as bitcoin cash breach his intellectual property rights
Indian Web3 Social App Chingari Partners with Aptos Blockchain; GARI Token Surges 48%
Chingari will release a newer version of its Tiktok-like Web3 app exclusively available on Aptos.
A Pragmatic View of ChatGPT in a Web3 World
Artificial intelligence is revolutionizing every aspect of our daily lives. What will it mean for Web3? IntoTheBlock's Jesus Rodriquez learns from the machine.
