Robinhood Chain | Crypto

Vlad.fun suspended its platform after discovering a “serious internal integrity issue” involving members of its team, without disclosing the nature of the alleged misconduct. Robinhood Chain memecoin launchpad Vlad.fun has suspended operations after discovering what it described as a “serious internal integrity issue” involving members of its own team. The project said Wednesday that it took the platform offline while it investigates the incident and consults legal counsel on potential action against those responsible. Vlad.fun did not disclose the nature of the alleged misconduct. Hours before announcing the shutdown, Vlad.fun warned users that a token bearing the platform’s name circulating on its leaderboard was not official, reminding traders that anyone could create tokens on the permissionless launchpad. The project did not indicate whether the two incidents were related. Read more

Surging volumes on Robinhood Chain could be very good for Ethereum, but only if the “ETH is money” crowd turn out to be right. Robinhood Chain’s explosive launch this month has reignited one of Ethereum’s longest-running debates: Do successful layer-2 networks increase demand for ETH, the asset, or do the new entrants capture all of the value for themselves? The retail brokerage’s Arbitrum-based Ethereum L2 has become one of Ethereum’s busiest rollups since its launch on July 1. More than $141 million in Ether was bridged onto the chain in its first two weeks. DeFiLlama data shows more than half a million wallets now hold ETH on the network, and a memecoin frenzy saw Robinhood Chain surge past the Ethereum L1 and Coinbase’s Base L2 in 24-hour DEX trading volume. Read more

Noxa, the launchpad behind CASHCAT's rise, racked up nearly $12 million in fees before going dark, giving away its revenue, and leaving Robinhood Chain's memecoin economy in freefall.

Relay says the money spent is gone, while private keys and unrelated balances remain untouched. The post Robinhood Chain tokens are reportedly vanishing from wallets causing buyers to lose funds appeared first on CryptoSlate.

Robinhood Chain traders are reaching for Tendies over Apple.

Robinhood Chain hit 7.6M daily transactions within 11 days of launch, nearing Base's 9.2M — but a free gas subsidy expires in September, making Q4 the true test. The post Robinhood Chain’s Gas Subsidy Is Closing the Gap With Base: Future of Ethereum On Horizon? appeared first on Cryptonews.

Robinhood Chain is an Ethereum layer-2 network built with Arbitrum technology for tokenized assets, crypto apps, and on-chain financial products.

Robinhood’s choice to use Ethereum further solidifies its position as the “ultimate settlement layer and liquidity foundation for tokenized assets,” said HashKey Group’s Tim Sun. The amount of Ether bridged to Robinhood’s new layer-2 blockchain exceeded $70 million in just the first week, according to Token Terminal.  Robinhood Chain, an EVM-compatible Arbitrum-based layer-2 network that uses ETH as its native gas token, launched on July 1 with the company describing it as “AI-native and purpose-built for real-world assets.”  “If adoption continues, the chain could become a meaningful new source of demand for ETH,” said Token Terminal on Thursday.  Read more

Robinhood, before its chain, made its name by bringing commission-free stock trading to everyday investors. Founded in 2013 by Vlad Tenev and Baiju Bhatt, the company launched a mobile-first brokerage app inspired by the aftermath of the 2008 financial crisis. Its mission was simple: “make investing accessible to everyone.”The platform exploded in popularity during the […] The post Robinhood Chain: From Wall Street Roots to Onchain Memecoins – How to Bridge Safely appeared first on Cryptonews.

Infrastructure providers, including Chainlink, Alchemy, and LayerZero, are already integrating with Robinhood Chain's newly launched testnet.