Robinhood has launched the public testnet for its own blockchain network. On Tuesday, the company unveiled the Robinhood Chain - an Ethereum Layer 2 built using Arbitrum’s technology. The network is designed to support tokenized real-world assets, with early infrastructure partners including Alchemy, Chainlink, and LayerZero. Robinhood is also allocating $1 million to fund the Arbitrum Open House 2026 initiative, dedicated to supporting developers building applications on the testnet.
- 0 replies
- 0 recasts
- 2 reactions
Bitcoin has bounced back to $71,000 after short-term holders offloaded more than 94,000 BTC on exchanges at a loss on February 7. The sell-off capped a turbulent week that saw a single-day plunge of 14% on February 5 - the steepest drop since the FTX collapse in 2022. Total futures liquidations exceeded $16 billion over ten days of correction, with long positions making up roughly 80-85% of the losses.
- 0 replies
- 0 recasts
- 2 reactions
Gm. Have a nice day 🟦
- 0 replies
- 0 recasts
- 2 reactions