Robinhood Chain Launch Seen as Bullish for Ethereum
The launch of Robinhood's Layer-2 network is viewed as a positive development for Ethereum, even by its harshest detractors. Other headlines include a trader losing $1M to a phishing token approval and crypto scandals involving Farage and Trump.
Robinhood's Layer-2 network, Robinhood Chain, is gaining traction and even Ethereum's most vocal critics acknowledge it is bullish for ETH. The development signals growing adoption of Ethereum's ecosystem.
Other crypto news this week: Michael Saylor made comments that muddied the waters on Bitcoin strategy. A trader lost $1 million due to a single malicious token approval. Additionally, political figures Nigel Farage and Donald Trump are reportedly involved in separate crypto scandals.
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Source: Cointelegraph