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Robinhood Chain Halts for 14 Minutes Amid AMC Dispute · Digg

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Robinhood Chain Halts for 14 Minutes Amid AMC Dispute

The outage hit the same day AMC demanded Robinhood halt trading of its linked token.

CryptoSlate reported that Robinhood Chain halted for at least 14 minutes after accounting for 78.5% of L2 revenue over the past 30 days. The same day AMC demanded Robinhood stop trading its AMC-linked token and Robinhood refused. The report states holders receive price exposure rather than ownership in AMC shares. It notes the chain had captured nearly 80% of L2 revenue while scaling its Stock Token business at the time of the outage and backlash.

Combined views

4.5K

3 posts, first seen 10h ago

24 likes4 comments5 reposts

Robinhood Chain Halts for 14 Minutes Amid AMC Dispute

The outage hit the same day AMC demanded Robinhood halt trading of its linked token.

CryptoSlate reported that Robinhood Chain halted for at least 14 minutes after accounting for 78.5% of L2 revenue over the past 30 days. The same day AMC demanded Robinhood stop trading its AMC-linked token and Robinhood refused. The report states holders receive price exposure rather than ownership in AMC shares. It notes the chain had captured nearly 80% of L2 revenue while scaling its Stock Token business at the time of the outage and backlash.

Posts from X

3 posts

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CryptoSlate@CryptoSlate 10 hrs ago
Robinhood Chain halted for at least 14 minutes after accounting for 78.5% of L2 revenue over the past 30 days. The same day, AMC demanded Robinhood stop trading its AMC-linked token. Robinhood refused. Holders get price exposure, not ownership in AMC shares.
A major outage and corporate backlash hit Robinhood Chain at the peak of its growthFrom cryptoslate.com
- likes: 2
- replies: 0
- bookmarks: 0
- reposts: 1
CO
CoinGape@CoinGapeMedia 4 hrs ago
⚡ UPDATE: @arbitrum says @RobinhoodApp Chain never went offline, with only brief batch-posting delays and minor feed slowdowns affecting some providers.
- likes: 4
- replies: 1
- bookmarks: 0
- reposts: 0
CR
crypto.news@cryptodotnews 2 hrs ago
JUST IN: Arbitrum said Robinhood Chain kept producing blocks and user transactions were not delayed The lag was batch posting to Ethereum after a blob-demand spike lasting about 14 minutes
- likes: 18
- replies: 3
- bookmarks: 0
- reposts: 4

Combined views

4.5K

3 posts, first seen 10h ago

24 likes4 comments5 reposts

Posts from X

3 posts

CR
CryptoSlate@CryptoSlate 10 hrs ago
Robinhood Chain halted for at least 14 minutes after accounting for 78.5% of L2 revenue over the past 30 days. The same day, AMC demanded Robinhood stop trading its AMC-linked token. Robinhood refused. Holders get price exposure, not ownership in AMC shares.
A major outage and corporate backlash hit Robinhood Chain at the peak of its growthFrom cryptoslate.com
- likes: 2
- replies: 0
- bookmarks: 0
- reposts: 1
CO
CoinGape@CoinGapeMedia 4 hrs ago
⚡ UPDATE: @arbitrum says @RobinhoodApp Chain never went offline, with only brief batch-posting delays and minor feed slowdowns affecting some providers.
- likes: 4
- replies: 1
- bookmarks: 0
- reposts: 0
CR
crypto.news@cryptodotnews 2 hrs ago
JUST IN: Arbitrum said Robinhood Chain kept producing blocks and user transactions were not delayed The lag was batch posting to Ethereum after a blob-demand spike lasting about 14 minutes
- likes: 18
- replies: 3
- bookmarks: 0
- reposts: 4