Robinhood lets users manage their own crypto wallets in push to spur trading

After a difficult first quarter, investing app Robinhood is doubling down on new product launches, particularly in its crypto unit, in hopes they will help buoy the business. CEO Vlad Tenev announced the company’s plans to roll out non-custodial crypto wallets...

BitMEX crypto exchange lays off a quarter of staff after failed acquisition

Derivatives-focused crypto exchange BitMEX has laid off about 75 employees, or a quarter of the company’s staff, days after its founders’ plans to acquire a German bank fell through. Staff learned of the cuts last week, The Block reported. A spokesperson...