Thursday, November 21, 2024
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Robinhood Vows to Improve Platform Following Customer Tragedy

Alexander Kearns, a 20-year-old customer of stock and cryptocurrency trading platform, Robinhood, committed suicide on June 12. This tragedy reportedly occurred after an erroneous negative balance of more than $730,000 appeared in Kearns’ account. This error has prompted the platform to take measures in order to improve the platform’s offering.According

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Robinhood Outages During Historic Price Action Sparks Heated Community Reaction

“Robinhood, a pioneer of commission-free investing, gives you more ways to make your money work harder.” At least, that’s what is stated on the website of Robinhood, the popular stock and cryptocurrency trading app. However, the app’s recent outages on March 2 and March 9 have shown that fancy

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Robinhood Crypto and Stock Trading App Is Down Second Monday in a Row

After experiencing a major outage last week, major stock and cryptocurrency trading app Robinhood is troubled again.Robinhood encountered another technical outage on Monday, causing its platform to halt trading services, according to a March 9 tweet by Robinhood’s support team.Robinhood partially fixes the outage after an hour of downtime The

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Fidelity & Robinhood Glitch as Panic-Stricken Investors Flee Stock Market

Fidelity’s website and the Robinhood app crashed for some users Monday, while panicky investors fled a stock market with inflated multiples. DownDetector reported a surge in problem reports for these stock trading platforms. The Dow Jones plummeted 3% at the opening bell. Meanwhile, the Washington Post started a wild

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Robinhood Withdraws Bank Charter Application Due to Regulatory Challenges

Stock and cryptocurrency trading platform Robinhood has withdrawn its bank charter application with the Office of the Comptroller of the Currency.As CNBC reported on Nov. 27, Robinhood voluntarily decided to withdraw its application with the regulator due to the challenges the company could face in receiving a charter. A

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