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Robinhood Doubles Down on Prediction Markets: Trading Equity for Crypto.com and OG.com Stakes
Blockchain

Robinhood Doubles Down on Prediction Markets: Trading Equity for Crypto.com and OG.com Stakes

Ahead of the NFL season kickoff, Robinhood is expanding its prediction market footprint—teaming up with Crypto.com and OG.com while also picking up equity stakes in both companies, with valuations benchmarked against Crypto.com's recent $20 billion valuation.

Cronos network was shut down due to Tectonic hacker, causing estimated damage of US$75 million
Blockchain

Cronos network was shut down due to Tectonic hacker, causing estimated damage of US$75 million

Cronos, a public chain owned by Crypto.com, suspended operations after the lending protocol Tectonic was suspected of being exploited. The attack method was said to be the same as the Mango Markets incident, with losses estimated at US$75 million.