| Mobile Web

All articles List

Crypto

Robinhood Chain transactions fall 42 percent in a month

Transactions on Robinhood's blockchain, Robinhood Chain, fell by more than 40 percent over a month, a report said. Average daily transactions slipped to 6.2 million in Oct. 2-8 from 10.8 million in Sept. 10-16, down 42 percent, and were 20 percent lower than the prior week. Average daily active addresses fell 31 percent to about 322,000. Deposits rose about 2 percent to $1.04 billion, and stablecoin supply increased slightly to about $1.1 billion.

Crypto

Navra raises $19 million Series A to bring traditional finance capital to blockchain

Navra, a fintech led by Mike Cagney, a co-founder of Figure and SoFi, raised $19 million in a Series A funding round. The company said Ribbit led the investment. Navra said its app lets individual and institutional investors access multiple blockchain exchanges, yield products and payment networks. It also offers self-custody without managing complex crypto keys and provides AI agents and enterprise controls.

Crypto

Stripe to expand stablecoin card to more than 100 countries by year-end

Stripe will expand its stablecoin card business to more than 100 countries by the end of this year. Henri Stern, co-founder and CEO of crypto wallet infrastructure firm Privy, which Stripe acquired last year, oversees Stripe's stablecoin and crypto business. Stern listed Kraken, Ramp and Moso as customers. Stripe is also expanding blockchain payments and is considering expansion into tokenised deposits, decentralised finance and more digital asset payments.