Robinhood Launches Test of Own Blockchain on Arbitrum to Boost Crypto and Tokenized Stock Trading
Robinhood has begun testing the Robinhood Chain, a blockchain built on the Ethereum-based Arbitrum layer 2 solution. The new chain aims to facilitate continuous around-the-clock trading and connect tokenized stocks with decentralized finance (DeFi) ecosystems. This move signals Robinhood's deeper push into crypto and tokenization infrastructure.
Hong Kong Government Reaffirms Commitment to Support Local Crypto and Web3 Ecosystem
Hong Kong's Chief Executive John KC Lee announced at Consensus that the government will maintain its support for the local digital asset and Web3 community. This commitment reflects Hong Kong's ongoing efforts to foster innovation in blockchain and crypto sectors. The government aims to create a conducive environment for growth and development within these emerging technologies.
Dragonfly Partner Argues Current Crypto Market Sentiment Not as Dire as During FTX Collapse
Haseeb, managing partner at Dragonfly, challenged the notion that today's crypto market sentiment is worse than during the FTX collapse, calling it recency bias. He highlighted that the FTX crisis was a systemic shock causing major uncertainty about the crypto ecosystem's survival, unlike the current market where fundamentals remain sound. Citing strong institutional adoption, improved regulation, record trading volumes on decentralized futures platforms, and stablecoin growth, Haseeb expressed confidence that the crypto market will recover over time.
Robinhood Unveils Public Testnet for New Ethereum Layer 2 Blockchain
Robinhood has launched the public testnet of its own blockchain called Robinhood Chain, built as an Ethereum Layer 2 solution using Arbitrum technology. This testnet allows developers to experiment with testnet-only assets and perform direct testing using the Robinhood Wallet. The rollout is expected to continue over the coming months to encourage ecosystem development.
Robinhood Launches Public Testnet for Arbitrum-Based Layer 2 Blockchain
Robinhood has announced the launch of the public testnet for Robinhood Chain, an Ethereum Layer 2 solution built on Arbitrum. The platform aims to support tokenized real-world assets and financial services. This development signals Robinhood's intent to expand its crypto infrastructure using scalability solutions.
[IMPORTANT] Michael Saylor Confirms Strategy’s Commitment to Bitcoin Accumulation and Foresees St...
Michael Saylor, Executive Chairman of Strategy, affirmed that the company will not sell its Bitcoin holdings despite current price volatility. Strategy plans to continue quarterly Bitcoin purchases and expects Bitcoin to outperform the S&P 500 by 2 to 3 times over the next 4 to 8 years. The company holds 714,644 Bitcoins with an average cost of $76,056 each and has enough cash to cover dividends and debt for 2.5 years.
Crypto.com CEO Reveals $500 Million Offer for AI.com Domain Bought at $70 Million
Crypto.com CEO Kris disclosed that after acquiring the AI.com domain for $70 million, he received an offer surpassing $500 million to sell it. This significant markup highlights the growing value of AI-related digital assets. The news underscores the high market demand and investment potential linked to AI and blockchain technology domains.
Robinhood Chain Launches Public Testnet to Advance Real-World Asset Tokenization
Robinhood has launched its public testnet for Robinhood Chain, an Ethereum Layer 2 focusing on real-world and digital asset tokenization. Developers can now build and test decentralized financial applications, with several infrastructure providers already integrated. The network will support around-the-clock trading, cross-chain bridges, and self-custody to enable multiple DeFi use cases ahead of its mainnet release.
[IMPORTANT] Robinhood Launches Public Testnet for Ethereum Layer-2 Network to Boost Stock Token T...
Robinhood has introduced a public testnet phase for its Ethereum layer-2 network, Robinhood Chain, allowing developers to experiment with applications. The company aims to leverage this technology not just for scaling Ethereum but to support its stock token offerings and build new financial systems. While currently focused on Europe, Robinhood plans to expand tokenized stock access globally, navigating regulatory challenges in the U.S.
[IMPORTANT] Citadel Securities and LayerZero Collaborate to Launch High-Speed Blockchain for Inst...
Citadel Securities, DTCC, and Intercontinental Exchange are backing LayerZero's new blockchain, Zero, designed to overcome the blockchain trilemma by enabling high-throughput and low-cost transactions. Zero aims to support institutional-scale trading, clearing, and settlement with claims of up to 2 million transactions per second and a fall 2026 launch targeting permissionless smart contracts, payments, and trading. The partnership includes strategic investments and advisory roles from ARK Invest and Google Cloud, focusing on scaling tokenized securities and AI-driven capital market innovations.
Hyperliquid HIP-3 Hits $5.2 Billion Daily Volume, Silver Contracts Lead with 68% Share
Hyperliquid's perpetual contract market HIP-3 recorded a single-day trading volume of $5.2 billion on February 5th, the highest since its October 2025 launch. Silver perpetual contracts, offered through TradeXYZ, dominated the activity with $4.09 billion, about 68% of the total volume. The platform has seen significant growth in open interest, now at $665 million, and is evolving to cover full-asset trading, with precious metals like silver and gold becoming top assets by volume.
U.S. Stock Market Mixed as Crypto Sector Experiences Broad Decline with Bitmine Falling Nearly 7%
At the close of U.S. trading, major indices showed mixed results with Dow Jones slightly up, but S&P 500 and Nasdaq down. The cryptocurrency sector experienced widespread losses, including Bitmine dropping by 6.99% and Solana by 6.64%. Msx.com, a decentralized platform for trading real-world asset tokens including stocks and ETFs, continues to list hundreds of RWA tokens.
Gold and Brent Oil See Slight Gains Amid Mixed Traditional Asset Price Movements
Gold prices increased modestly to $5,042.10 per ounce, up 0.43% intraday, while silver rose slightly to $81.60 per ounce. The Bitcoin and Ethereum volatility indices showed slight decreases, with BVIX down 0.11% and EVIX down 3.05%. Brent crude oil edged up 0.13% to $69.29 per barrel, whereas WTI crude oil declined 0.11% to $64.27 per barrel.
TON Wallet Introduces Wrapped Bitcoin and Ethereum Tokens to Expand DeFi and Trading Capabilities
TON Wallet has launched support for wrapped Bitcoin (cbBTC) and Ethereum (wETH) tokens on its network. This update enables users to exchange, store, and send these wrapped tokens to contacts within the TON ecosystem. The move is designed to enhance value storage, support long-term investment, and facilitate trading and decentralized finance applications.
[IMPORTANT] Goldman Sachs Reveals $2.36B in Spot Crypto ETF Holdings and Engages in Stablecoin Di...
Goldman Sachs has disclosed $1.1 billion in Bitcoin, $1.0 billion in Ethereum, $153 million in XRP, and $108 million in Solana holdings, all through spot crypto ETFs rather than direct token ownership. Representatives from Goldman Sachs participated in a White House meeting focused on stablecoin yield regulations. Additionally, Goldman CEO David Solomon is scheduled to speak at the World Liberty Financial forum next week.
LayerZero Unveils 'Zero' Blockchain for Traditional Finance with Backing from Citadel and Cathie ...
LayerZero has introduced Zero, a new blockchain designed to serve traditional finance, aiming for a September launch. Key industry players including Citadel Securities, Cathie Wood's ARK Invest, Intercontinental Exchange, and Tether are involved as investors or partners. The platform intends to leverage zero-knowledge proof technology to improve throughput and reduce costs, targeting broad Wall Street adoption of blockchain solutions.
[IMPORTANT] Santiment Highlights High Bearish Sentiment; Bitcoin Rebound Likely as Retail Hesitat...
Santiment reports that despite Bitcoin's recent rebound from below $60,000, bearish sentiment among investors remains strong, particularly on social media. Retail investors show reluctance to purchase at current prices, while major Bitcoin holders continue to accumulate. Historical data suggests that such a high level of market pessimism often precedes a price rebound.
Coinbase has updated its listing roadmap to include the cryptocurrency ETHGas (GWEI). This move signals Coinbase's growing interest in expanding its asset offerings. The addition could positively impact ETHGas's market exposure and liquidity.
Altcoin Season Index Inches Up to 27, Signaling Bitcoin Still Dominates
The Altcoin Season Index, which measures the relative performance of top altcoins against Bitcoin, has increased by three points to reach 27. This index evaluates the top 100 cryptocurrencies excluding stablecoins and wrapped tokens over the past 90 days. A reading of 27 indicates the market is still in a Bitcoin season rather than an altcoin season.
Coinbase has announced that GWEI will be added to its listing roadmap. This indicates Coinbase's intention to list GWEI on its platform in the near future. The announcement signals recognition of GWEI as a viable cryptocurrency asset for trading on a major exchange.