The post Robinhood Chain scams are already costing users dearly appeared on BitcoinEthereumNews.com.
Robinhood (Nasdaq:HOOD) launched the public mainnet of its new blockchain on July 1, and unfortunately, tons of people are already losing money trading its coins. Bad actors are using a variety of scam contracts, memecoin rug-pulls, phishing links, and garden variety theft, leading to complaints of loss flooding onto social media. Relay Protocol warned about scam tokens on the new Robinhood Chain: “If you bought one, the funds you spent are unfortunately gone.” In this example, scam contracts are accepting a token swap, briefly crediting the buyer’s wallet yet immediately transferring the tokens back to the deployer’s wallet. In other words, users unwittingly purchased tokens for someone else. Another trader alleged that Robinhood Wallet’s default sell screen auto-populated a Robinhood Chain scam coin called USER. Unless someone modified that default, the position would vaporize. “$600
Robinhood Chain's rapid growth highlights the increasing integration of traditional finance with blockchain, potentially reshaping investment landscapes.
The post Total asset market cap on Robinhood Chain surpasses $420M within days of launch appeared first on Crypto Briefing.
The post Prediction markets are transforming into aggressive derivatives platforms appeared on BitcoinEthereumNews.com.
World, a Chainlink-powered prediction market launched in the Phantom wallet on Solana on July 1, said recently that it is moving to Robinhood Chain. The move shifts the project from Solana’s crypto-focused users to Robinhood’s roughly 28 million customers, prompting some users to accuse it of using Solana to gain attention before leaving. After more than two years of teasers, the concept debuted in Phantom, a well-known Solana wallet. It allowed players to wager on the price of Bitcoin and the 2026 FIFA World Cup, with rewards issued in Phantom’s CASH stablecoin and results validated by Chainlink. The initiative closed after seven days, citing “careful deliberation in the last 24 hours.” The announcement gave no reason for the shutdown, mentioned no technical issues, and did not explain what would happen to open bets. The move was unexpected, as World had recently sa
Tokenized equities could revolutionize finance by enabling 24/7 trading and rapid settlement, contingent on regulatory and infrastructure advancements.
The post Grayscale highlights tokenized equities as key blockchain adoption driver in finance appeared first on Crypto Briefing.
The post Robinhood Chain TVL Soars 35% appeared on BitcoinEthereumNews.com.
Robinhood Chain sees 35% surge What’s behind Robinhood Chain’s rapid emergence? In less than two weeks after the layer 2 blockchain launched, Robinhood Chain has continued to smash major milestones, flipping existing networks in major metrics. Recent data from DefiLlama shows that Robinhood Chain has crossed $100 million in total value locked (TVL) within just about ten days of launch. Robinhood Chain sees 35% surge The data further showed that the massive $101.03 million milestone in its TVL has come after the network saw a rapid surge of 35.75% in the metric over the last 24 hours. ‘Not Happening’: Former SWIFT Exec Shuts Down XRP Integration Rumors XRP, Shiba Inu, Solana (SOL) and Ethereum (ETH) Price Analysis for June 10: Market Fuel Comes In Handy In addition to this, Robinhood Chain has also recorded over $473 million in its daily DEX trading volume, while its stablecoin market capitalization has climbed
Hyundai's blockchain pilot could accelerate corporate adoption of stablecoins, but regulatory challenges may vary across global markets.
The post Hyundai Motor completes $20,000 USDT transfer pilot on Avalanche appeared first on Crypto Briefing.
Barcelona's transfer strategy highlights the growing intersection of football finance and blockchain, impacting fan engagement and revenue models.
The post Barcelona nears €40M deal for Real Sociedad star, but what does it mean for crypto-linked football finance appeared first on Crypto Briefing.
The post Arbitrum (ARB) Price Prediction 2026, 2027, 2028, 2029, 2030-2050 appeared on BitcoinEthereumNews.com.
Bullish ARB price prediction for 2026 ranges from $0.25 to $0.35. ARB could hit $0.20 in 2026 with Robinhood Chain fee-sharing confirmed and March 2027 vesting completion removing monthly unlock pressure. The bearish ARB price prediction for 2026 is $0.07. Arbitrum hit an all-time low of $0.07067 in June 2026, down 97% from its $2.40 peak, while securing $18 billion in TVL across 100+ live Orbit chains including Robinhood’s new Layer 2. On July 9, Offchain Labs co-founder Steven Goldfeder announced 10% of fees from every Orbit chain plus 100% of Arbitrum One fees flow back to ARB tokenholders, sending the token up 13%. That gap between network performance and token price is the entire ARB story, and this price prediction covers whether the fee-sharing model finally closes it through 2050. What Is Arbitrum (ARB)? Arbitrum is Ethereum’s largest Layer-2 scaling solution, built b
The post Founders Debate Ethereum L2 Value After Robinhood Chain Launch appeared on BitcoinEthereumNews.com.
Ethereum L2 debate returns as Robinhood launches an ETH-denominated Layer-2 network. Founders debate whether Layer-2s strengthen Ethereum or shift activity from its base layer. Leighton Cusack said Ethereum’s value comes from ETH adoption, liquidity, and asset issuance. The role of Ethereum in the Layer-2 ecosystem is back in focus after the launch of Robinhood’s Ethereum-denominated Layer-2 network. World Network co-founder Leighton Cusack argued that recent bullish developments are being framed as negatives because of weak market sentiment. Cusack said Ethereum has been “so abused for the last two years” that even positive news, like Robinhood launching an ETH-denominated L2, is being portrayed negatively. “Narratives follow price,” he added. L2s and Ethereum’s Value Capture In response, Multicoin Capital managing partner Kyle Samani repeated his long-held view that Layer-2