Arbitrum has generated a new stream of revenue post-launch of the public mainnet of the Robinhood Chain using their Layer-2 blockchain technology. Co-founder of Offchain Labs, Steven Goldfeder, clarified that Robinhood Chain and other qualified Layer-2 networks using Arbitrum technology will be receiving protocol revenue. Ten percent of the protocol’s
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 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 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
The post Kalshi Eyes Derivatives Offering Beyond Crypto, Rivaling Robinhood appeared on BitcoinEthereumNews.com.
The prediction markets platform, Kalshi, is gaining notable traction as it focuses on expanding its derivatives offering beyond crypto. According to the latest update, the firm is reportedly seeking a regulatory nod to roll out derivatives products linked to real-world assets like gold, foreign exchange, and energy. Notably, a flurry of market watchers also view this update from Kalshi as a potential move to compete with the leading online brokerage platform, Robinhood. For context, the latter has recently accelerated its expansion into multi-asset derivatives, which has caught the eyes of traders. Kalshi Expands Derivatives Foothold Beyond Crypto Kalshi has already made headlines by entering the crypto perpetual futures market, becoming one of the first regulated US platforms to offer the product. Now, the company wants to replicate that strategy across traditional asset cl
