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Wu Blockchain· 2026-04-28 22:15
Robinhood Q1 Revenue +15% YoY, Crypto Revenue -47%Robinhood reported Q1 2026 revenue of $1.07 billion, up 15% year over year, with diluted EPS of $0.38, up 3%. Net deposits were $17.7 billion, representing a 22% annualized growth rate, and total platform assets rose 39% to $307 billion.Transaction-based revenue increased 7% to $623 million, driven by options, equities, and event contracts, while crypto revenue declined 47% to $134 million. Net interest revenue rose 24% to $359 million. ...
X @Wu Blockchain
Wu Blockchain· 2026-04-28 22:00
Anand Gomes: TGE is "Teams Gonna Exit"On February 26, 2026, Paradex CEO Anand Gomes @fiddybps1 discussed the polarization of token launches on the When Shift Happens podcast and shared the community's playful new interpretation of TGE (Token Generation Event): "Teams Gonna Exit."He stated that many teams launch tokens at high valuations without building actual products, only to quickly dump them for cash and abandon their projects. Gomes believes that the lack of regulation in the crypto space and the proli ...
X @Wu Blockchain
Wu Blockchain· 2026-04-28 21:14
PumpFun Burns 370M USD of Repurchased Tokens, Allocates 50% of Revenue to Buyback and BurnPumpFun said it has burned all previously repurchased PUMP tokens, totaling about $370 million and roughly 36% of circulating supply, in response to concerns over the use and certainty of buybacks. The platform also said it will allocate 50% of revenue over the next year to a programmatic buyback-and-burn mechanism to reduce circulating supply and improve transparency and predictability.https://t.co/zLHkhCFbwx ...
X @Wu Blockchain
Wu Blockchain· 2026-04-28 20:12
LayerZero Pledges Over 10,000 ETH to DeFi United Recovery EffortLayerZero Labs has pledged over 10,000 ETH to the Aave-led DeFi United recovery initiative, including a 5,000 ETH donation and a further 5,000 ETH deposit to support Aave liquidity, with plans to increase GHO liquidity. The move is part of the industry response to the rsETH incident. LayerZero also said it will continue working with Aave and other DeFi participants on how OFTs should be designed and set up for use in lending markets.https://t.c ...
X @Wu Blockchain
Wu Blockchain· 2026-04-28 19:53
Coinbase Report: Crypto Markets Could Form a Bottom as Macro Conditions ImproveAccording to Coinbase and Glassnode, crypto markets may be forming a near-term bottom as sentiment improves, though macro conditions and Middle East developments continue to drive short-term uncertainty. Bitcoin NUPL has moved from the “Fear” to “Optimism” stage, with 75% of institutional and 71% of non-institutional investors viewing BTC as undervalued. For Ethereum, short-term supply (held <3 months) fell 38% in Q1, while long- ...
X @Wu Blockchain
Wu Blockchain· 2026-04-28 19:00
CZ on His Success as a Startup Founder: I Can't Go Back to Big CompaniesOn April 15, 2026, during an AMA session for his new book Freedom of Money, Binance founder Changpeng Zhao (CZ) @cz_binance reflected on his career journey when asked. CZ participated in development work at multiple startups from an early age, and Bloomberg was the largest corporation he ever worked for.He admitted that large companies feature rigid bureaucratic systems and fixed rules, and his personality is unsuitable for stable 9-to- ...
X @Wu Blockchain
Wu Blockchain· 2026-04-28 12:11
Bybit's CEO stated that last year was their highest-grossing year, and they made up for the losses caused by the hackers in just eight months.In a podcast on April 28th, Bybit CEO Ben stated that despite suffering the largest hack in its history last year, with over $1.5 billion stolen, it was also Bybit's highest-revenue year in history, and the company recovered the losses in approximately eight months.https://t.co/ioHiUKnKHR ...