Robinhood doubles down on event contracts as cryptocurrency revenue falls 55%

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Robinhood is doubling down on its event contracts business, while cryptocurrency revenue falls 55%. Finance Magnates Daily Recap also covers hackers publishing data allegedly belonging to GMO customers, a decline in profits at Eightcap’s UK subsidiary, BaFin lifting the capital surcharge, and an increase in investor refunds in the UAE. Another edition’s review covers 275 industry executive moves, Plus500 raising its annual outlook, and Japanese forex brokers responding to a cybersecurity breach.