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According to The Defiant, Robinhood announced its financial report for the third quarter of 2026, with cryptocurrency business revenue of approximately 120 million dollars for the quarter.Among them, the Robinhood Chain network contributed about 26 million dollars, offsetting the decline in other cryptocurrency business revenues. The company's overall revenue and earnings per share did not meet the market consensus expectations compiled by MarketBeat.

The trading platform Robinhood announced its third-quarter financial report, with revenue of $1.42 billion, slightly below Wall Street's expectation of about $1.43 billion; earnings per share were $0.51, lower than the expected $0.55 and also down from $0.61 in the same period last year. Net profit was $476 million, a year-on-year decrease of 14% and a quarter-on-quarter decrease of 17%. This quarter included an unrealized loss of $67 million from Robinhood Ventures Fund I, equivalent to $0.07 per share; adjusted earnings per share were $0.60, a year-on-year decrease of 3%. After the financial report was released, the stock price fell in after-hours trading, closing at about $94.61 on Tuesday, a cumulative decline of about 18% for the year.By business segment, event contract revenue increased from $156 million in the second quarter to $173 million, with customer trading volume reaching a record 16.4 billion contracts, more than seven times that of the same period last year. Cryptocurrency trading revenue rebounded from $100 million in the second quarter to $120 million, but was down 55% from $268 million in the third quarter of 2025; this quarter's cryptocurrency trading volume was $50 billion, a year-on-year decrease of 38%, with $21 billion from in-app and $29 billion from its acquired exchange Bitstamp.Robinhood narrowed its guidance for adjusted operating expenses and equity incentive costs for 2026 to $2.675 billion to $2.75 billion, lowering the previous upper limit of $2.775 billion. A few hours before the financial report was released, the company announced a partnership with Ripple to introduce the stablecoin RLUSD to Robinhood Chain and Bitstamp, with plans to launch it in-app later this year; RLUSD has a market capitalization of over $2.5 billion, and Ripple will also provide fund management software and lending services for Bitstamp traders. Robinhood Chain went live as a Layer 2 network on July 1, generating about $3.13 million in fees within 30 days as of the end of August, surpassing Ethereum and Base.

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According to The Defiant, Robinhood announced that its Earn feature is now available to all eligible users, allowing users to participate in on-chain USDG lending. The funds deposited by users will go into the Morpho vault curated by Steakhouse on the Robinhood Chain.The rewards earned will be used to supplement lending interest, and withdrawals will depend on the liquidity status of the vault. This feature is available to all eligible users, who can earn income through on-chain lending.

According to a report by the Korean News Agency, South Korean credit card company Shinhan Card announced that it will collaborate with Upbit's parent company Dunamu to launch a pilot program for token payments based on GIWA Chain in the South Korean credit card industry for the first time. The testing will take place at Shinhan Card's headquarters, where employees will receive tokens issued by Shinhan Card through the GIWA Wallet and complete payments by scanning a QR code.The system uses on-chain identity verification technology Dojang to verify employee identities, allowing only pre-registered wallets to participate in transactions. Shinhan Card stated that it plans to promote commercialization after the relevant legislation is completed and gradually expand the access scope for merchants and the global blockchain network.

Tom Wan, the data director at Entropy Advisors, stated that the transaction fees for Robinhood Chain will be included in the third quarter financial report to be released tomorrow. He mentioned that the transaction fees for the first quarter of this chain amounted to 51.1 million USD, which is about half of Robinhood's second quarter cryptocurrency trading revenue, and he is paying attention to whether the company will describe this chain as infrastructure for other businesses or as an independent source of income.Tom Wan noted that the average daily transaction fees in October have dropped to about 52,000 USD, with the decline primarily due to pricing. The increase in fees in late August was attributed to gas congestion, with the average transaction fee rising from 0.002 USD to 0.298 USD, and weekly trading volume increasing by 7.5%. On September 1 and September 3, Robinhood raised the gas target from 18 million per second to 40 million, and gas prices have returned to the lower limit of 0.02 gwei.He also mentioned that by the end of the third quarter, USDG on Robinhood Chain was 693 million USD, compared to 101 million USD on July 1; estimating based on a roughly 3.5% share and an average scale of 427 million USD for the third quarter, the quarter's revenue was about 3.8 million USD, which annualizes to about 24 million USD based on the current scale of 674 million USD. There are 195,000 stock token holders, and last week the DEX trading volume was about 700 million USD. In the second quarter, the cryptocurrency trading volumes for Bitstamp and the Robinhood App were 22.1 billion USD and 18.3 billion USD, respectively, and he stated that there is currently no public data indicating how much of that is related to this chain.

According to Cointelegraph, Bernstein analysts expect that the prediction market will become a new profit growth point for the trading platform Robinhood Markets (HOOD), potentially bringing in about $1.7 billion in revenue by 2028, surpassing the estimated $1.6 billion from its cryptocurrency business during the same period.Analysts predict that Robinhood's prediction market revenue will grow from about $650 million this year to $1.7 billion by 2028, accounting for approximately 18% of its total revenue of $9.4 billion in 2028.This forecast was released the day before Robinhood's Q3 2026 earnings report. Bernstein expects Robinhood's Q3 revenue to increase by 13% quarter-over-quarter to about $1.5 billion, mainly driven by growth in stock nominal trading volume, options trading volume, event contract trading volume, and a rebound in cryptocurrency trading volume. Bernstein raised its revenue expectations for Robinhood by 3% for 2026, 4% for 2027, and 3% for 2028, while maintaining a target price of $160, citing improved assumptions for stock and cryptocurrency revenue.Robinhood is listed on NASDAQ, and its stock price fell to $93.6 in pre-market trading on Monday, having dropped over 29% in the past 12 months.

Binance founder CZ recently accepted an interview with Japanese business media PIVOT, discussing his decision to voluntarily go to the United States to plead guilty and pay a hefty fine. He emphasized that this was because he did not want to be a fugitive or evade issues. CZ stated that Binance was only involved in registration-related violations, with no fraud and no victims, and that users have always been well protected. Serving time was an unpleasant experience and a lesson.CZ also mentioned that recently, American banks have committed more serious violations but were only fined $1.2 billion and were not prosecuted. He stated that the world is inherently unfair, but he is no longer entangled in it and wants to focus on moving forward, learning from experiences to do more positive things.

According to Cointelegraph, Piero Cipollone, a member of the Executive Board of the European Central Bank, stated that the digital euro is expected to help the European Union establish a self-controlled payment infrastructure and reduce reliance on non-European third-party payment service providers. Europe has already recognized the risks of excessive dependence on external forces in critical areas such as energy and defense, and the same applies to the payment sector. However, payment sovereignty does not mean excluding third parties, but rather allowing Europe to have autonomous choices in key services.The European Central Bank plans to launch a digital euro pilot next year and will test it using real transactions. It is currently collaborating with 36 market operators to prepare, while also inviting e-commerce and mobile commerce operators to participate.

According to Catcher Predict monitoring on-chain data, it predicts significant capital movements in the Polymarket market. A large whale invested $316,209.18 in a single bet on "Chelsea FC vs. Tottenham Hotspur FC," specifically targeting "Chelsea FC." Based on the current transaction price, the latest corresponding winning probability for this bet is 49%.

According to the information released by the SEC, Robinhood (HOOD) director Bhatt Baiju sold 50,912 shares of the company's stock on October 21 at an average price of $101.4 per share, for a total value of approximately $5.1625 million. After the transaction, his direct holdings decreased to 4,636 shares.

The UK government stated that Prime Minister Burnham emphasized during his conversation with President Trump that the comprehensive use of Starlink in Ukraine is crucial.

According to Fortune, Robinhood Ventures Fund I announced today that it has completed an investment in Cognition, with a total investment amount of approximately 10 million dollars.Cognition was founded in 2024 and developed the first autonomous software engineer, Devin. Devin is capable of independently completing project planning, code writing, testing, and production environment deployment. By delegating repetitive engineering tasks to AI agents, engineers can focus more on architectural design, system planning, and complex problem solving.Currently, Devin has been deployed in some of the largest and most complex institutions globally, including Goldman Sachs, Citigroup, Wayfair, Mercedes-Benz, and Nubank. Recently, based on the current revenue level annualized, Cognition's revenue has exceeded 1 billion dollars.

According to Fortune, Robinhood Ventures has invested 10 million dollars in the AI programming tool company Cognition. Earlier this year, Robinhood Ventures had already invested 75 million dollars in OpenAI.This reinvestment in Cognition signifies its multi-target layout strategy in the field of AI development tools.

On October 22, TRON officially released GreatVoyage-v4.8.2.4 (Empedocles). This update focuses on enhancing the consistency and stability of operation execution in a few special scenarios, and further optimizes the storage of smart contracts and metadata processing logic in edge cases, which helps to improve the execution reliability of nodes in complex operating environments and the overall stability of the network.This version is a mandatory upgrade. TRON reminds relevant nodes to complete the update as soon as possible to avoid affecting block synchronization. For specific version changes and upgrade methods, please refer to the official version release notes and deployment documentation.

The decentralized lending protocol Morpho has incorporated stock tokens issued by Robinhood into its stablecoin lending market, allowing users to collateralize these tokens to borrow stablecoins.According to the disclosure, the first markets launched include NVDA and SPCX, both with a liquidation threshold of 62.5%; the liquidation threshold for SPY is 77%. The borrowing asset for the aforementioned markets is the stablecoin USDG.

Robinhood plans to launch a retail investment platform in the Middle East next year, with Dubai as its new operational base. The company has obtained authorization from the Dubai Financial Services Authority and will provide trading and custody services for individual users covering 10 asset classes, including stocks, ETFs, and more.

According to information from GitHub, a core protocol draft named "Decoupled Consensus" has appeared in the Ethereum EIP repository. It proposes to separate the beacon chain's head voting from the finality proof voting to enhance fork choice security, shorten finality time, and lay the groundwork for a subsequent transition to post-quantum cryptography (PQ).The proposal is co-authored by Francesco D'Amato, Roberto Saltini, Yann Vonlanthen, Mikhail Kalinin, and Ben Edgington, and is currently still in the early draft stage, with multiple details yet to be determined. The submitters primarily hope to obtain an EIP number at this stage. The proposal is pending further review and has not yet been merged.

According to CoinDesk, Bybit CEO Ben Zhou stated that Bybit plans to collaborate with local established companies when entering the U.S. market to challenge platforms like Robinhood in market coverage. Zhou mentioned that seeking partners is a standard practice for Bybit when entering new regions, and the U.S. market may consider collaborating with companies like Interactive Brokers (IB).He said, "At this stage, it is best to partner with those who wish to enter the crypto space and already have a customer base in the U.S., such as IB or similar companies that have not yet ventured into crypto but have a quality U.S. customer base."Bybit is the second-largest cryptocurrency exchange in the world by trading volume, with over 80 million registered users in more than 180 countries and regions. The exchange is continuously acquiring licenses globally to offer a range of new regulated products. In Europe, Bybit plans to launch a "super app" covering derivatives and tokenized stocks as early as the first quarter of next year. Through partnerships, Bybit can avoid the cumbersome process of applying for money transfer licenses state by state like Coinbase, which can take two to three years.Zhou suggested waiting for the Clarity Act to pass or for a clearer understanding of new laws, at which point the SEC may provide unified regulation, allowing a single license to cover federal levels. He also pointed out that the U.S. market is highly competitive and becoming saturated, with Coinbase's position solidifying and Robinhood's importance rising. In contrast, the UK remains a less concentrated and underdeveloped market, but the entry costs are high, comparable to the EU's MiCA license.Zhou revealed that earlier this year, he was invited to meet with the UK's Financial Conduct Authority (FCA) and relevant institutions in the House of Lords. Bybit is looking for an office location in London but has not yet determined a specific site.