Tag: crypto
Robinhood: A Broker Still Traded Like A Crypto Stock (NASDAQ:HOOD)
Profitability is proving to be just as strong a suit for the company as top-line expansion. According to the company’s second-quarter disclosures, profitability is not a problem for the brokerage, with adjusted EBITDA climbing significantly to reflect the company’s increasing operational efficiency and scalable business model. The latest financial metrics highlight a period where Robinhood…
White House Crypto Office Vacant as Final Adviser Patrick Witt Departs, Leaving Policy Aims in Limbo
The departure of President Donald Trump’s final crypto adviser, Patrick Witt, has left the White House digital assets office entirely vacant and cast a shadow of uncertainty over the administration’s broader policy goals for the sector. When President Trump returned to the White House last year, he decisively shed his earlier public skepticism toward cryptocurrency…
How Brooklyn Prosecutors and the FBI Took Down a Massive Crypto Fraud Network Targeting Russian Speakers
October 15, 2026 — In a major international strike against cybercrime, Brooklyn prosecutors and the Federal Bureau of Investigation have successfully dismantled a sprawling cryptocurrency investment scam that allegedly defrauded Russian-speaking victims across the United States of tens of millions of dollars. The coordinated takedown, executed last week, targeted the digital infrastructure of a multinational…
As AI Agents Begin Spending Real Money, Tech Giants and Crypto Veterans Scramble to Control the Financial Infrastructure of Machine Commerce
As artificial intelligence systems rapidly evolve from answering simple text prompts to executing complex, real-world tasks, a profound shift is taking place in the global technology and financial landscapes. For years, visionary investors like ARK Invest CEO Cathie Wood urged market participants to “follow the developers” to identify the next wave of technological disruption. Speaking…
Independent Community Bankers of America Sues OCC Over Crypto and Fintech Bank Charters
The Independent Community Bankers of America (ICBA) has filed a federal lawsuit against the Office of the Comptroller of the Currency (OCC), alleging that the federal regulator has unlawfully opened the door for cryptocurrency firms and fintech companies to enter the traditional banking system. According to the association, the regulator has permitted these novel entities…
