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Robinhood has been credited with introducing a generation of new individual investors to the stock market, but the platform is also known for features that critics say can make it addictive. You also can set up the app to deliver customized news and notifications about stocks based on your preferences, allowing you to easily keep. Hackers could use the stolen information to try to trick Robinhood members with ruses such as “phishing” emails pretending to be the company. The Robinhood app lets you buy and trade stocks. “The attack has been contained and we believe that no Social Security numbers, bank account numbers, or debit card numbers were exposed and that there has been no financial loss to any customers as a result of the incident,” Robinhood said in the post.
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Robinhood said it also appeared that the hacker got hold of names, birth dates and zip codes associated with 310 users, plus additional account details about some of those people. Set up notifications so that you’ll know as soon as there’s significant activity on your account. There’s also a newsletter and podcast, called Daily Snacks, that provides news in an accessible, easy-to-understand format. The breach took place late on November 3, with the hacker snatching about five million email addresses for Robinhood users, along with the names of about two million other members of the investment service, according to the company. Robinhood provides a newsfeed to help me keep up with the news directly in the app. “Following a diligent review, putting the entire Robinhood community on notice of this incident now is the right thing to do.” “We owe it to our customers to be transparent and act with integrity,” Robinhood chief security officer Caleb Sima said in the post. In its second set of results as a public company, the company posted total revenue of 365 million for the quarter ended Sept. Last year, the company also paid $65 million to the Securities and Exchange Commission for misleading customers.After stealing information from Robinhood, the hacker tried to extort payment from the company, which opted to alert police and warn users about the breach, according to the post. Robinhood, owner of the trading app that was at the center of Januarys trading mania for so-called meme stocks, said in August it expects retail investors to take a breather in the third quarter. That follows a $70 million fine that Robinhood paid to Finra in July for misleading customers and harming them in outages. Robinhood Crypto, LLC provides crypto currency trading. And as of today Robinhood will let all users track the price, news, and set up alerts on those and 14 other Robinhood adds zero-fee cryptocurrency trading and tracking Josh Constine. Coinwink monitors cryptocurrency prices 24/7 and alerts you by e-mail or SMS when your defined conditions are met.
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On Tuesday, it said in a filing that the Financial Industry Regulatory Authority (Finra) was investigating its founders’ compliance with registration requirements. Robinhood Securities, LLC provides brokerage clearing services. Coinwink is a cryptocurrency price alerts, watchlist and portfolio tracking app for Bitcoin, Ethereum, XRP, and other 3600 crypto coins and tokens. The company has also faced several lawsuits and regulatory inquiries over its business. Robinhood had angered customers when it halted certain trades in January, prompting some to plot to flip or bet against the company’s stock when it listed its shares.
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That will test whether its customers will hold the stock or quickly dump it. Robinhood, which has said it wants to democratise finance, also sold a large chunk of its offering directly to its users via its app. It has also been closely identified with driving the roller-coaster trading of stocks like GameStop and AMC Entertainment this year. The company’s role in facilitating stock trades, its mission to upend Wall Street and its string of recent controversies have made it a symbol of Silicon Valley disruption and the challenges that come with it. Robinhood’s offering is being closely watched, even amid the most frenzied year for listings since the dot-com bubble of 2000. Robinhood’s bankers have said they expect the early trading of the stock to be more volatile than those of other IPOs. If youd rather use Robinhood on your computer, visit and click Sign Up to create your account.
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The Robinhood app is completely free to download.
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The price is at the low end of Robinhood’s initially disclosed range of $38 to $42, in a sign of possible investor hesitance. Method 1Method 1 of 4:Creating an Account Download Article. It raised $1.89 billion from the offering, setting the stage for the company to start trading Thursday under the symbol HOOD. Robinhood priced its initial public offering at $38 a share late on Wednesday, valuing it at $31.7 billion.
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Stock trading app Robinhood is known for its association with “meme stocks”.