Robinhood takes stakes in Crypto.com, OG.com in prediction markets deal
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Robinhood Misses Q3 Earnings as Crypto Revenue Rises and Prediction Market Bets Grow
Robinhood posted record revenue of $1.42 billion but earned $0.51 per share, short of the $0.55 expected, as bets on sports and elections grew to $173 million and crypto edged up.
US midterms: Prediction markets favor Democrats in key crypto races
Kalshi and Polymarket price a 75% chance of a Democratic sweep, days after markets misjudged Brazil’s runoff.
Phantom launches Kalshi-powered prediction markets for US users
The crypto wallet’s new integration offers CFTC-regulated event contracts through Kalshi, as prediction markets face growing legal challenges in the US.
HOOD’s prediction markets to add $1.7B to revenue, exceed crypto by 2028: Bernstein
Bernstein analysts raised Robinhood’s revenue estimates through 2026 and 2028, while maintaining their HOOD price target unchanged at $160.
Canadian Man Extradited to US Over Plot to Hijack University Supercomputers for Crypto
Prosecutors say Ryan Roach and a co-defendant targeted U.S. universities with supercomputers, stealing logins and secretly mining crypto.
Crypto.com to withdraw Hong Kong consumer app citing regulatory changes
Crypto.com will discontinue its consumer app services in Hong Kong in February next year.