The trading app’s crypto business brought in $38 million over the first quarter of 2023, down from $54 million in Q1 2022.
Robinhood’s Q1 crypto revenue drops 30% from the previous year [cointelegraph]


The trading app’s crypto business brought in $38 million over the first quarter of 2023, down from $54 million in Q1 2022.

The European Union’s Markets in Crypto-Assets regulation could stifle innovation and increase compliance costs for the crypto industry.

The European Union’s Markets in Crypto-Assets regulation could stifle innovation and increase compliance costs for the crypto industry.

The blockchain and Web3 hub will serve as a center for knowledge exchange and collaboration between technology firms and government entities in Africa.

The ratings agency looked at five areas of interconnectedness between the crypto ecosystem and traditional finance; its lack of firm conclusions may be telling.

The settlement plan proposed in February would give Genesis creditors 80% recovery of funds, but many raised demands, leading to the mediation.

AI experts from IBM, NYU and OpenAI will testify before the U.S. Senate on May 16 in a hearing entitled “Oversight of A.I.: Rules for Artificial Intelligence.”

The financial advisory and accounting firm also revealed that Tether held roughly $3.4 billion worth of precious metals.

The single biggest claim involves unpaid partnership and income taxes of $20.4 billion assessed against Alameda Research.

With the European Union coming closer to passing the Markets in Crypto-Assets framework and Kraken in the process of investing in the United Kingdom, lawmakers are taking notice.