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Bernstein: HOOD prediction markets could drive $1.7B revenue by 2028

Bernstein analysts believe Robinhood Markets’ prediction-market business could become a meaningful earnings contributor—and, importantly, may eventually eclipse revenue generated from crypto. In a forecast shared with Cointelegraph, the investment firm projects prediction markets could contribute up to $1.7 billion in business for Robinhood by 2028. The analysts’ outlook contrasts two growing revenue streams for the Nasdaq-listed retail trading platform: prediction markets versus crypto. Bernstein expects crypto-based revenues to reach $1.6 billion in 2028, slightly below the contribution anticipated from prediction markets, suggesting a shift in what investors should watch as Robinhood’s product mix expands. Key takeaways Prediction markets could drive up to $1.7B in Robinhood business by 2028, according to a Bernstein forecast shared with Cointelegraph. Bernstein expects prediction-market revenue to rise from about $650M this year to $1.7B by 2028. In 2028, prediction-market ...
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Tangem Halloween Offer: $10 Mystery Box and 10% Off With CRYPTO

Tangem has launched a Halloween promotion that lets customers add a second, surprise-design hardware wallet set for $10 when purchasing a qualifying wallet. The campaign runs from October 26 to November 2, 2026 , with the extra set supplied in a Mystery Box. For anyone already considering a hardware wallet, the main detail is what the offer includes: the $10 price applies to an additional three-card set purchased alongside an eligible wallet, rather than a standalone purchase. What is inside the Tangem Halloween Mystery Box? Each Mystery Box contains a three-card Tangem Wallet set in a secret co-branded design . Customers discover the design when they open their delivery. Tangem says designs vary by region, and buyers cannot select, exchange or request a particular design. The campaign focuses on the surprise artwork. Buyers who want a specific look should keep that limitation in mind before adding the box to their order. How the $10 add-on works The offer is available through Tangem’s...
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RedotPay May File for US IPO by Year-End, Bloomberg Says

Hong Kong-based stablecoin payments provider RedotPay is reportedly weighing a move toward a U.S. initial public offering, with a confidential filing under consideration by the end of 2026. The update comes roughly two months after earlier reports suggested the company had pushed back its listing plans amid regulatory and legal complications. Bloomberg reported Monday, citing people familiar with the matter, that RedotPay is also in discussions with investors about a pre-IPO funding round that could assign the company a valuation in the $4 billion to $5 billion range. While the company has not publicly confirmed the timing of any filing in the report, the renewed IPO focus signals that RedotPay believes it can navigate the issues that previously clouded its path to U.S. markets. Key takeaways Bloomberg says RedotPay is considering a confidential U.S. IPO filing by the end of 2026. The report also points to potential pre-IPO fundraising that could value RedotPay between $4 billion a...
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Keystone Breach Update: Stolen Key Could Let Fake Wallets Pass Verification

Keystone, a major hardware wallet manufacturer, says the attacker who compromised its website last week didn’t stop at leaking customer data. The breach also involved theft of an authentication key used to verify the authenticity of Keystone devices—raising the risk that counterfeit wallets could be made to pass the company’s checks. In a statement shared Monday on X, Keystone warned that the stolen key could enable adversaries to produce cloned hardware wallets that appear legitimate to buyers. The company also outlined steps it is taking to contain the threat, including destroying tens of thousands of units in inventory that rely on the compromised key. Key takeaways Keystone says the same website breach included theft of a device authentication key, not just customer data exposure. The company plans to destroy 18,835 hardware wallet units in inventory that contain the compromised key and has halted shipments using it. Keystone reports 51,083 buyer records were generated by its...
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Keystone Breach Worsens: Stolen Verification Key Impacts Wallet Authenticity

Keystone has expanded the scope of last week’s website intrusion, saying the attacker not only accessed parts of its customer database but also stole a cryptographic key used to authenticate the company’s hardware wallets. The development raises new concerns for users who rely on device authenticity checks to reduce the risk of tampered products. In an update shared on Monday, Keystone warned that the stolen authentication key could enable counterfeit devices to pass its verification process. The company also disclosed the volume of buyer data it believes was exposed and outlined steps to destroy affected inventory. Key takeaways Keystone says the attacker stole an authentication key that verifies whether its hardware wallets are genuine, potentially enabling counterfeit devices. The firm plans to destroy 18,835 devices in its inventory that contain the compromised key and has paused shipments using the old authentication material. Keystone estimates 25,964 buyer records from 202...
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Strategy Funds Bitcoin Sparingly, Allocates $205M to STRC Buybacks

Michael Saylor’s Strategy reported a quiet week for Bitcoin activity, opting instead to deploy cash into its own equity. In a Monday filing with the U.S. Securities and Exchange Commission, the company said it bought back preferred stock while reporting no Bitcoin transactions and no stock sales under its at-the-market program during the period from Monday through Friday. Strategy repurchased 2.07 million shares and spent $204.9 million on STRC preferred stock buybacks. At the same time, the company’s reported Bitcoin holdings stayed unchanged at 848,517 BTC, acquired for $64.02 billion at an average price of $75,446 per coin. Key takeaways Strategy reported no Bitcoin purchases or sales and no at-the-market stock sales during the Monday–Friday buyback window. Cash deployment for the week focused on STRC preferred stock repurchases totaling $204.9 million across 2.07 million shares. Reported Bitcoin holdings remained at 848,517 BTC, with an average acquisition cost of $75,446 per...
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Immunefi CEO: PHP flaw reinforces growing AI security risks

Cybersecurity professionals are urging website operators—and anyone who uses crypto services on the web—to treat PHP-related vulnerabilities as an active risk in the near term, even after emergency patches were released. Immunefi CEO Mitchell Amador said that many smaller sites may take weeks to apply updates independently, leaving users exposed longer than the initial disclosure timeline suggests. Amador’s warning comes shortly after the PHP Foundation acknowledged it delayed fixing a critical flaw first identified in 2024, citing a shortage of resources. While emergency patches for two critical vulnerabilities were released the same day, the responsibility still falls on individual websites to upgrade their installations. Key takeaways Immunefi CEO Mitchell Amador said users should assume any site they log into could be compromised for the next few weeks. Even with emergency PHP patches available, websites must still upgrade themselves—smaller operators may lag for weeks. Amado...
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