Headlines

Arbitrum co-founder defends Robinhood’s 90% fee share

Offchain Labs co-founder Steven Goldfeder and Solana co-founder Anatoly Yakovenko exchanged competing views on Sept. 6 over why Robinhood built its blockchain using Arbitrum technology instead of operating applications directly on Solana. Summary Offchain Labs co-founder Steven Goldfeder said Robinhood retains roughly 90% of net chain revenue generated. Solana co-founder Anatoly Yakovenko argued Robinhood could…

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Orionx Halts Operations After Audit Uncovers $7M Financial Hole

Key Takeaways Orionx halted withdrawals and is shutting down after a forensic audit revealed a $7M financial shortfall. Orionx filed criminal complaints against its founders for allegedly losing user funds in speculative trading. Regulators revealed Orionx operated illegally, leaving over 100,000 users with no guarantee of full refunds. Orionx Halts Customer Withdrawals Amidst $7 Million…

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