AMC, the world’s largest movie theater chain, wants its tokenized stocks removed from Robinhood, and it’s causing a huge meltdown on social media. AMC wants the tokens removed because they trade on Robinhood using its stock price and branding even though buyers do not actually own AMC shares. CEO Adam Aron argues that investors could
BeInCrypto•Lockridge Okoth4 Sept
A meme coin called BONER cornered half of Hims & Hers Health's tokenized shares on Robinhood's new blockchain. It started a new trend that's spreading fast.
AMC’s fight with Robinhood Stock Tokens sent CINEMA soaring, alongside the actual AMC stock, showing how tokenized stocks can be guerrilla marketing machines for public companies.
The integration enhances Robinhood Chain's trading capabilities, potentially attracting more users and increasing its competitiveness in DeFi markets.
CryptoBriefing•Editorial Team4 Sept
The surge in tokenized equity trading highlights a shift towards decentralized finance, potentially reshaping global access to stock markets.
CryptoBriefing•Editorial Team4 Sept
Layer 2 networks' reliance on Layer 1 for settlement highlights vulnerabilities in volatile markets, impacting user trust and adoption.
CryptoBriefing•Editorial Team4 Sept
Lawyers question AMC’s grounds for a securities-law challenge, but say the tokens’ branding and marketing could leave room for a dispute.
Robinhood Chain has stopped producing blocks for more than 14 minutes, preventing the Ethereum layer-2 network from confirming token transfers and smart contract transactions. Robinhood Chain stopped confirming transactions Robinhood Chain block explorer data showed that the network stopped adding…
Robinhood's Vlad Tenev backs the $104 million "stock token" market, defying AMC's legal threats over on-chain trading.
U.Today•Gamza Khanzadaev4 Sept
Adam Aron called on Robinhood to "CEASE AND DECIST" trading of AMC stock tokens and said the company's securities counsel is looking at whether it can force a halt. Chief Legal Officer Dan Gallagher answered "Send your lawyers and we'll educate them." The token's onchain supply grew from 157,844 to
The Defiant•The Defiant Team4 Sept
Pendle has launched its first yield-trading market on Robinhood Chain, giving sNET holders access to fixed and variable yield positions until the market matures on Sept. 17, 2026. Pendle opens its first Robinhood Chain market Pendle said in a Sep.…
CoinDesk•Krisztian Sandor4 Sept
The brief outage highlights the need for robust incident response and monitoring as Robinhood Chain scales, impacting user trust and network reliability.
CryptoBriefing•Editorial Team4 Sept
Robinhood Chain stopped producing blocks, stalling transactions for at least 14 minutes. No cause or recovery time given.
BeInCrypto•Lockridge Okoth4 Sept
Robinhood Chain appears to have suffered a network outage on Sept. 4, temporarily halting new block production.
U.Today•Alex Dovbnya4 Sept
Robinhood's crypto chain faces challenges with scam tokens and declining trading activity, highlighting risks in speculative crypto markets.
CryptoBriefing•Editorial Team4 Sept
The controversy highlights potential regulatory challenges and investor risks in the evolving landscape of tokenized securities.
CryptoBriefing•Editorial Team4 Sept
Robinhood's blockchain venture could significantly diversify its revenue streams, enhancing its market position and attracting new investors.
CryptoBriefing•Editorial Team4 Sept
A newly created wallet reportedly turned roughly $2,972 into more than $2.1 million within 12 hours, according to on-chain analytics account Lookonchain. The trade centered on MEME, a token on Robinhood Chain inspired by the stock of the American company AMC Entertainment, which was caught early enough to produce a reported 713x return. How the
BeInCrypto•Luis Blanco4 Sept
AMC’s CEO criticized Robinhood’s tokenized stock offerings for being unregulated in the US and said he will request an investigation from an external securities counsel.
Cointelegraph•Cointelegraph by Zoltan Vardai4 Sept