Robinhood launched a Wall Street layer 2 chain and the market crowned a $150M cat coin first

The post Worst Crypto Prank Ever? Viral Prediction Market Pulls Off Shocking Joke appeared on BitcoinEthereumNews.com. World, a week-old Solana (SOL) prediction market, staged a fake exit. On July 8, it said it was leaving Solana for Robinhood Chain, then admitted the whole thing was a crypto prank the following day. The gag drew millions of views and briefly fooled parts of the crypto industry. It also divided opinion on whether staged deception is smart marketing or a costly gamble for a young platform. How the Crypto Prank Spread World went live on Solana on July 1 inside the Phantom wallet, with Chainlink (LINK) handling data and settlement. Solana’s official account had promoted the debut just a week earlier. Days later, the project told followers it was leaving for Robinhood Chain. It thanked the Solana Foundation and posted a polished logo for the supposed move. The target made the fake believable. Robinhood Chain is a real Arbitrum-based Layer 2 that launched on July 1 for toke

The post Kalshi targets gold perpetuals as Robinhood rivalry heats up appeared on BitcoinEthereumNews.com. Kalshi has intensified its push into regulated perpetual futures by seeking approval to launch gold, foreign exchange, and energy contracts as competition with Robinhood expands beyond crypto. Summary Kalshi is seeking approval to launch gold, forex, and energy perpetual futures. The move pits Kalshi against Robinhood as both expand regulated derivatives offerings. Google will ban prediction market extensions from the Chrome Web Store starting Aug. 1. According to Reuters, the prediction markets platform is in advanced discussions with U.S. regulators to introduce perpetual futures linked to traditional assets, extending the strategy it first used in crypto markets. The proposal covers contracts tied to precious metals, foreign exchange, and energy, while the company is also evaluating perpetual products linked to stock indices and individual equities over time. Unlike traditional

Kalshi has intensified its push into regulated perpetual futures by seeking approval to launch gold, foreign exchange, and energy contracts as competition with Robinhood expands beyond crypto. According to Reuters, the prediction markets platform is in advanced discussions with U.S.…

The integration of deSPXA into DeFi lending highlights the evolving landscape of tokenized assets, posing new risks and opportunities for investors. The post Centrifuge enables deSPXA holders to borrow against S&P 500 exposure on Morpho appeared first on Crypto Briefing.

The post Arbitrum fee sharing Expands Revenue Model with Robinhood Chain appeared on BitcoinEthereumNews.com. Arbitrum’s fee-sharing arrangement with Robinhood Chain is more than a billing detail — it’s a structural shift in how the Ethereum scaling network plans to monetize the growing wave of enterprise chains being built on its technology. Key takeaways Arbitrum collects 10% of fees generated on Robinhood Chain and every other Layer 2 built on its Orbit framework. Of that 10%, 8% flows to the ARB tokenholder-controlled treasury and 2% is directed toward development. Arbitrum One, the flagship rollup, sends 100% of its own fees to the treasury — a separate arrangement from the Orbit chain model. Robinhood Chain launched its mainnet on July 1 with tokenized stocks, onchain lending, and agentic trading built into Robinhood’s app. The fee-sharing model applies to any Orbit-based Layer 2, not solely Robinhood Chain, broadening the revenue scope for ARB holders. Arbitrum Fee Sharing on Ro

The post EDX Markets’ $76M Round: Wall Street’s Crypto Bet appeared on BitcoinEthereumNews.com. EDX Markets just closed a fresh $76 million round, and the headline is less about the number and more about who is still writing checks for crypto infrastructure. The answer: the same crowd that obsesses over execution quality, counterparty risk, and post-trade reconciliation. That’s the quiet story of 2026. Not shiny tokens. Not slogans. Pipes. Order routing. Settlement. And a lot of institutional desks asking for a crypto stack that feels like the equities and FX stacks they already trust. EDX’s new capital was led by SBI Holdings, with reporting that SBI was the sole investor in the Series C. Add in a new OEMS link-up that pipes EDX’s central limit order book into a tool buy-side desks already use, and you can see the playbook forming. If you’re trying to read the room on Wall Street’s crypto appetite, this is it. They still want the plumbing. Point Details Fresh capital

The post Robinhood CEO Vlad Tenev Sells 375,000 HOOD Stock appeared on BitcoinEthereumNews.com. Robinhood CEO Vlad Tenev sold 375,000 HOOD shares worth $43.6M under a Rule 10b5-1 plan.  The sale was scheduled months in advance, making it a routine insider sale. Tenev still owns about 48.3M Class B shares worth over $5B, keeping a major stake in Robinhood. Robinhood Markets CEO Vlad Tenev has sold 375,000 shares of Robinhood worth about $43.56 million, according to a newly disclosed SEC Form 4 filing. The transactions were executed on July 6 at a weighted average price of $116.17 per share. They were made under a pre-arranged Rule 10b5-1 trading plan adopted on Sept. 5, 2025.  Despite the sale, Tenev remains one of Robinhood’s largest shareholders. He still owns about 48.3 million Class B shares, valued at more than $5 billion at current market prices.  Sale Made Under Rule 10b5-1 Plan The filing shows Tenev first converted 375,000 Class B shares into Class A shares before selling them

The post Gauntlet Raises $125M Series C From SBI Holdings appeared on BitcoinEthereumNews.com. SBI Holdings was the sole investor in the round, which Gauntlet says will fund expansion into stablecoins, tokenization and traditional capital markets infrastructure. Gauntlet, a DeFi risk management and vault curation firm with $1.42 billion in assets under advisement, closed a $125 million Series C funding round with SBI Holdings, the Japanese financial conglomerate, as the sole investor, Gauntlet said on X Thursday. The firm, founded by chief executive Tarun Chitra, said the capital will fund “building our infrastructure across traditional capital markets, expanding stablecoin coverage, and accelerating new onchain offerings.” Gauntlet said it aims to provide “quantitative guardrails” as institutions move capital onchain. Gauntlet was last valued at $1 billion in 2022, when it raised roughly $24 million in a Series B round. Gauntlet did not disclose a post-money valuation for the Series C