Investment Learning

  • September 4, 2024

Robinhood in $3.9 million settlement with California over crypto withdrawals

(Reuters) -A cryptocurrency platform run by Robinhood Markets will pay $3.9 million to settle claims it failed to let customers withdraw cryptocurrency from their accounts from 2018 to 2022, California Attorney General Rob Bonta said on Wednesday. The civil settlement with Robinhood Crypto is the first public action by Bonta's office against a cryptocurrency company. Bonta said Robinhood violated California law by failing to deliver cryptocurrencies that its customers had bought, leaving customers unable to withdraw their assets and forcing them to sell the assets to exit the platform.

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  • September 4, 2024

CFTC Settles With Uniswap Labs Over Leveraged Crypto Trading

(Bloomberg) -- The US Commodity Futures Trading Commission fined Uniswap Labs $175,000 as part of a settlement of allegations that the decentralized crypto exchange illegally offered leveraged retail trading in digital assets.Most Read from BloombergHow Air Conditioning Took Over the American OfficeThe Outsized Cost of Expanding US RoadsHong Kong’s Arts Hub Turns to Selling Land to Stay AfloatUniversal Navigation Inc., which does business as Uniswap Labs, has been ordered to cease and desist fro

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  • September 4, 2024

Bitcoin Miner TeraWulf Leads Early HPC Market Entry, Analyst Projects $610M Revenue By 2026

Needham analyst John Todaro initiated coverage on TeraWulf Inc (NASDAQ:WULF) with a Buy rating and a price target of $6. Todaro noted that TeraWulf is one of the best miners for converting data center capacity to High-Performance Computing (HPC). HPC represents a high-margin, large, and growing revenue opportunity with long-term contracts that provide revenue and margin transparency longer term. Todaro noted that TeraWulf will be early to market in bringing a 100MW+ site online for HPC. Addition

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  • September 4, 2024

How Ethereum 2.0 Can Transform DeFi

The shift to proof-of-stake has raised worries about over-centralization. By reaffirming its commitment to decentralization, the blockchain can realize its goals, says James Wo, Founder & CEO of DFG.

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