Robinhood’s Newly Launched Cryptocurrency Wallet Attracts 2 Million Users
Robinhood, an American financial services company known for its popular trading app, has recently launched Crypto Wallets. Investors showed deep interest in the new product in an interview at Bloomberg Technology, said Aparna Chennapragada, CPO at Robinhood. Continued growth in users holding cryptocurrencies at Robinhood created the demand for a Digital Wallet. As a result, […]
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The large trading platform Robinhood Markets (HOOD) just started testing a beta version of its long awaited crypto wallet, allowing 1,000 selected users to send a receive assets from external wallets. The connection to the blockchain marks a milestone for the company. Robinhood’s stock has been free falling, and the cryptocurrency market make up for […]
Robinhood is reportedly testing a new crypto wallet feature that would finally enable users to withdraw crypto from its app. Retail-trading platform Robinhood is reportedly testing a long-awaited digital wallet feature that enables users to send and receive crypto-assets such as Bitcoin (BTC). Bloomberg reported the rumor on Sept. 21, with the publication claiming to have seen screenshots of a withdrawal interface in a beta version of the wallet feature in Robinhood’s IOS app. While details are sparse, Bloomberg also claims to have seen a waitlist where users will be able to sign up for....
Pressure is mounting for Robinhood to list one of the most popular meme coins on the market and the waitlist for the platform's crypto wallet has grown to 1.6 million users. Robinhood COO Christine Brown has praised the Shiba Inu community but said safety was the platform’s priority over the “short term gain” of listing new tokens.Brown made the comments in an interview for the Crypto Goes Mainstream event streamed live on YouTube on Nov. 10. When asked about Shiba Inu (SHIB) she said:“One of my favorite things is seeing the community around these coins really engage with us and let us....
Although it remains to see what shape the nascent Metaverse will take, the government of South Korea has become an early investor in it. The move can trigger other states to invest in the technology that may appear at a center stage in the future. The investment comes under the state’s newly launched program, Digital […]
As a blockchain network of choice, Polygon offers scalability, speed, low network fees and a robust developer ecosystem, according to Robinhood. Crypto and stock trading platform Robinhood announced the launch of Robinhood Wallet, a self-custody, Web3 wallet, with Polygon (MATIC) as its first supported blockchain.Robinhood launched the beta version of its Web3 wallet on iOS. It is being made available to the first 10,000 users who joined the waitlist in May 2022. Hosted first over the Polygon blockchain, Robinhood Wallet allows users to trade and swap cryptocurrencies with no network fees.....