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Cybercriminals Target Over 2,000 Robinhood Users in Recent Hack 

Top stock trading app Robinhood has had a pretty rough period, with outages and operational issues marring what should have been a landmark year. While the company has made commitments to improve, things appear to be getting worse for it. Inadequate Security Infrastructure The latest problem for Robinhood appears to be a string of hacks that have left customers information and funds at risk. Robinhood Markets, one of the company’s subsidiaries, suffered a string of unauthorized access that affected about 2,000 accounts, Bloomberg reports.   According to the report, Robinhood confirmed that the hackers managed to gain access to customer accounts through…

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Közel 2000 Robinhood fiókot törhettek fel a hackerek

Hackerek támadták meg a népszerű kereskedési app, a Robinhood több felhasználói fiókját is, de magát a szolgáltatást nem hackelték meg. Közel 2000 felhasználó lehet érintett a támadásban A Robinhood szóvivője szerint a hackerek a felhasználók személyes email fiókjait törték fel, majd használták fel ezeket az emaileket a Robinhood fiókokhoz való hozzáféréshez. A támadás során tehát nem közvetlenül a Robinhood appot célozták meg. A hackelésben érintett fiókok számát illetően a Robinhood csak annyit árult el, hogy “korlátozott számú” felhasználói fiókról van szó, pontos számot nem tettek közzé. Nem megerősített értesülések alapján azonban úgy tűnik, hogy a kiberbűnözők körülbelül 2000 fiókot támadtak…

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Online befektetési appok és az adatvédelem – hogyan tudjuk megvédeni a pénzünket?

Gyűlnek a panaszok az elmúlt hónapokban óriási népszerűségnek örvendő online brókercégek körül: a hackertámadások és feltört fiókok egyre több problémát okoznak az új befektetőknek. De mit tehetünk, ha éppen a mi számlánkról tűnik el az összes pénz? Kihez fordulunk, ha elérhetetlen az ügyfélszolgálat? A Robinhood mobil befektetési app esete A Robinhood bróker app az utóbbi hónapokban szélsebesen mászott fel a népszerűségi listán. Nem is csoda, hiszen az alkalmazás nagyon könnyűvé teszi a tapasztalatlan befektetők számára a kereskedés megkezdését és a számlák létrehozását. Azonban a népszerűség mellett a panaszok száma is elkezdett felkúszni. A Bloomberg friss cikkében több olyan Robinhood felhasználótól…

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Robinhood cashes in on lockdown trading surge with $660M Series G funding

The stock and crypto trading app has added a further $460 million in the last closings of its new funding round. Retail traders have been flocking to trade stocks and cryptocurrencies on the popular app Robinhood — and it shows in the company’s latest Series G funding round. On Sept. 23, a spokeswoman for Robinhood Markets Inc. disclosed that the fintech has increased its latest funding round to $660 million, at a company valuation of $11.7 billion. The fresh funding is an extension of a Series G round first announced in August, when D1 Capital Partners invested $200 million in…

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Robinhood Raises $200M in Funding Round, Now Valued at $11.2B

Robinhood has secured an additional $200M in funding in a Series G funding round, bringing its total valuation to $11.2B. Stock and crypto trading app Robinhood has raised $200 million in a new funding round.In an Aug. 17 blog post, Robinhood said it had secured $200 million in a Series G funding round. Robinhood said that the platform is now reportedly valued at $11.2 billion according to D1 Capital Partners. The trading app said the investment would be used to improve its “core product and customer experience.” Robinhood recently raised $320 in a July funding round at a $8.6 billion valuation with…

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When Robinhood FOMO? Bitcoin Price Pulling a ‘Kodak’ Means Six Figures

If Bitcoin sees similar FOMO rallies like KODK in recent days, BTC price could quickly soar to six figures, as some analysts have previously predicted. Retail traders on Robinhood have been increasingly seeing “fear of missing out” or FOMO rallies around certain stocks. The latest beneficiary has been the stock price of the renowned camera manufacturer Kodak (KODK) whose stock surged from $2 to $60 in one day. Therefore, given the current climate of economic uncertainty and “infinite QE,” if the optimism around risk-assets flows over to Bitcoin, chances of a similar rally for BTC price — as some analysts are…

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Robinhood’s UK Launch Scrapped on Back of Political Pressure

The US-based investment app Robinhood recently came under fire after a customer killed himself. The company may now be planning to delay its UK launch indefinitely as it struggles with political pressure at home soil. Robinhood under fire Robinhood is a popular investment app that works on the zero-commission model i.e. customers do not have to pay a transaction fee for every trade they make. Their offering revolutionized traditional broker-dealer business and forced other companies to do the same. The platform claims to be working on “democratizing finance” for millions of new traders. It aims to open up ways for…

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Robinhood Pauses Expansion into U.K, Wants to Focus on U.S Markets 

Famous stock investment app Robinhood appears to be gearing up for a major shift. To that end, the company is putting some of its expansion plans on hold. Earlier today, a CNBC report confirmed that the company had suspended its plans to expand into the United Kingdom — and, for now, the rest of the world. Strong Performance Until March 2020 Citing a spokesperson for the firm, CNBC explained that Robinhood was looking to focus on the United States and strengthen its customer base in its home country. Thus, U.K. customers who had been waiting for its launch since November…

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Robinhood Postpones UK Launch ‘Indefinitely,’ Freezes Global Expansion Plans

The popular stock and crypto trading app has put its global expansion plans on hold. Robinhood, the Silicon Valley-based stock and cryptocurrency investing app popular among younger generations for its "gamified," user-friendly interface and zero-fee trading, has reportedly decided to abort its launch in the United Kingdom “indefinitely”.According to CNBC on July 21, Robinhood informed its British customers who had been signed up to the waitlist since November that the company will be focusing on its home market in the near future. A spokesperson stated:“A lot has changed in the world over the past few months, and we’ve made the…

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Bitcoin & Cryptocurrency FinTech Apps Outperform Non-Crypto Peers: Report

Alex Treece, the co-founder at zabo.com, compiled a report on the growth of crypto in the FinTech space. The report highlights the statistics on the intersection of fintech and cryptocurrency, and the future trend around it.  The report suggests that FinTech apps like Robinhood, Cash App and Revolut are outperforming the non-crypto apps. Meltem Demirors, the CSO at Coinshares tweeted, FinTech’s with crypto on their platform outperform their peers… the crypto community is one of the largest and most $$$ audiences in FinTech Crypto Vs. Non-Crypto FinTech Apps (Source)  The userbase and trading volume of these apps are comparatively larger. He notes…

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Robinhood Secures $280M in Series F Funding, Plans to Expand Globally

In brief: Robinhood has secured $280 Million Series F funding after an $8.3 Billion valuation.  The funding will drive a push to expand the platform globally.  Robinhood also plans on scaling the platform and offering more products to users.  The team at the popular trading platform of Robinhood has announced that the firm has secured $280 Million series F funding after an $8.3 Billion valuation. The round of funding was lead by Sequoia Capital which is an existing investor of Robinhood. Other existing and new investors that participated in the Series F funding include NEA, Ribbit Capital, 9Yards Capital and…

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