Sentinel’s SENT token surges 20% after Robinhood listing

The post New Chain Hype Meets Old Scam Tactics: Relay Protocol Warns of Robinhood Chain Honeypot Coins appeared on BitcoinEthereumNews.com. Key Takeaways Relay Protocol says it is actively blocking scam tokens after reports of wallet drains on the new Robinhood Chain. The Robinhood Chain, live since July 1, 2026, is reportedly seeing high scam meme coin activity due to its permissionless nature. Traders should only trade verified tokens and perform small test swaps to protect assets from 100% loss. Relay Protocol Warns: There’s Been an Increase in Scam Tokens Designed to Remove Themselves After Purchase The Relay Protocol platform moved quickly on X to clarify that these incidents do not represent a widespread wallet compromise or an infrastructure breach within Relay. Your private keys and other balances remain secure, as the sophisticated scam logic is contained strictly within the malicious token contract itself. Robinhood Chain, an Arbitrum-based Ethereum layer two ( L2) network, l

The post Kalshi Targets Gold, FX, and Energy Perpetual Futures appeared on BitcoinEthereumNews.com. perpetual futures linked to gold, foreign exchange, and energy markets. The expansion marks the company’s next step after launching U.S.-regulated crypto perpetual futures in May.  Besides broadening its product lineup, Kalshi aims to attract both retail and institutional traders while challenging established exchanges and competing more directly with Robinhood in the fast-growing derivatives market. Gold, FX, and Energy Lead Expansion Plans Chief Risk Officer Udesh Jha said investor demand continues to shape Kalshi’s roadmap. Consequently, gold ranks among the top priorities because it appeals to everyday traders. The company also plans to pursue foreign exchange and energy contracts, citing strong interest driven by geopolitical developments and seasonal market trends.  Additionally, Kalshi is exploring future offerings tied to stock indexes and individual equities. Perpetual futures h

The post Ethereum news: Robinhood chain hits $568M in trading frenzy, benefitting Arbitrum appeared on BitcoinEthereumNews.com. Digital broker Robinhood’s new chain is off to a flying start, and the benefits are trickling to Ethereum-based network Arbitrum. The native token of Arbitrum (ARB) jumped 19% over the past 24 hours, making it the best-performing asset in the top 100 cryptocurrency, according to CoinDesk data. Bitcoin BTC$63,272.24 edged 1.5% higher to trade above $63,000, while ether (ETH) was up 0.5% in an otherwise muted day. The gains came as Robinhood Chain, built on top of Arbitrum’s technology stack and rolled out to the broader public a week ago, processed over $568 million in daily trading volume on Wednesday and logged over $350 million so far on Thursday, according to blockchain data from Entropy Advisors. Much of that activity was driven by a burst of memecoin trading, while stablecoin balances on the network also climbed quickly above $260 million within its first

Investors utilizing the newly launched Robinhood Chain are facing a swathe of scammy “honeypot” tokens that result in the total loss of funds traded for those specific assets. Relay Protocol, a major cross-chain interoperability platform, confirmed it is aware of user reports regarding tokens disappearing from wallets immediately following purchase. Relay Protocol Warns: There’s Been […]

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 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 Arbitrum Gains as Robinhood Chain Boosts Network Activity appeared on BitcoinEthereumNews.com. ARB jumped 7.6% as Robinhood Chain directed 10% of fees to the Arbitrum network. Robinhood Chain DEX volume topped $560M as active users and token launches reached records. RSI and MACD turned bullish as ARB recovered while traders watched key resistance levels. Arbitrum moved back into focus after ARB posted a daily rebound alongside growing activity surrounding Robinhood Chain. The renewed attention followed reports that Robinhood Chain will direct 10% of its chain fees to the Arbitrum network. Meanwhile, Robinhood Chain posted record levels of decentralized exchange activity, while Secret Network proposed migrating from Cosmos to Arbitrum, citing security concerns following a recent bridge exploit. Robinhood Chain Developments Support Network Activity CoinGecko reported that ARB gained 7.6% after news that Robinhood Chain plans to allocate 10% of chain fees to the Arbitrum ecosyst