Robinhood Chain has set a daily fee record of $6.04 million, lifting its seven-day annualized revenue rate to approximately $1.1 billion as memecoin trading and token launches drive network activity. Summary Robinhood Chain generated $6.04 million in fees and retained $5.44 million in daily revenue. Seven-day revenue reached $20.33 million, equal to an annualized rate…
Pons is a decentralized token launchpad built on Robinhood Chain, allowing users to create and trade tokens directly on Robinhood’s newly launched layer-2 network. In just two months, the platform has become one of the chain’s biggest sources of activity, while its native PONS token has climbed roughly 18,000% from its July low. The surge…
Two more news organizations are suing OpenAI and Microsoft over the supposed use of their journalism to train AI. A lawsuit filed by The Seattle Times and Newsday argued that with the advent of AI, the journalism industry could become “broken beyond repair.” The lawsuit described generative AI as “a snake eating its own tail”…
The service operates through its DFSA-regulated DIFC arm and complements the bank’s existing digital asset custody and stablecoin services. Standard Chartered extended its deliverable Bitcoin (BTC) and Ether (ETH) spot trading to institutional clients in the United Arab Emirates on September 3, becoming the first Global Systemically Important Bank (G-SIB) to offer the service…
