Robinhood lists solana meme coin dogwifhat as regulatory landscape sees signs of a thaw

The price of the meme coin increased after the announcement.

11/25/24 1:49PM

Move over, shiba inu. There’s a new dog in town.

Robinhood Markets said Monday that it has added dogwifhat to its platform. The solana-based meme coin was launched in late 2023, and has grown to a more than $3 billion market cap.

The coin’s price spiked after the announcement, but has since cooled.

(Sherwood Media is an editorially independent subsidiary of Robinhood.)

The listing comes less than two weeks after Robinhood added four tokens — solana, Pepe, cardano, and XRP — to its US platform. It follows shortly on the heels of President-elect Trump’s pro-crypto campaign and news of SEC Chair Gary Gensler’s planned resignation.

It suggests a possible shift in brokerages’ approach to the type of coins they’d considering offering to US customers. As recently as 2023, Robinhood delisted solana and cardano, telling customers there was a “cloud of uncertainty around these assets.”

$270M

Sage D. Young3h

April 1 is known as a day for funny pranks. However, a popular trading venue on the solana blockchain, Drift, is suffering from an ongoing exploit today, on-chain data shows.

“Drift Protocol is experiencing an active attack. Deposits and withdrawals have been suspended. We are coordinating with multiple security firms, bridges, and exchanges to contain the incident. This is not an April Fools joke,” the team said on social media at 2:58 p.m. ET.

TheBlock reported the exploit is at least $200 million, while blockchain sleuth Lookonchain estimates the figure is $270 million. It could be even more. At this range, the Wednesday hack is among the largest ever, according to the exploits ranking dashboard from Rekt.

Drift’s exploit is concerning for those within the crypto industry. Solana treasury firm DeFi Development Corp. allocates a portion of its balance to on-chain strategies to generate yield, including Drift, though the firm announced it had no exposure to the protocol and “was not impacted by an alleged exploit affecting the platform,” per its press release.

Drift also provides to qualified users sACRED, a derivative token of a tokenized feeder fund that is linked to Apollo Global Management Inc.’s traditional Diversified Credit Fund.

Sage D. Young

Google Research: Quantum computers a “serious threat” to 6.7 million bitcoin, including Satoshi’s coins

“Their fast-clock architecture could crack a private key in 9 minutes, while bitcoin blocks take 10 minutes on average. That changes the threat model entirely.”

Yaël Bizouati-Kennedy

Oof

3/31/26

Bitcoin treasury firm Nakamoto bought high and sold much, much lower as bitcoin suffers another bad quarter

Bitcoin is on track to close the first quarter of 2026 down more than 24%.

Sage D. Young3/30/26

Ethereum looks likely to register first monthly green candle since August

Ethereum has increased nearly 4% in the last 24 hours, outpacing crypto majors in the period.

If the asset can hold the current level, trading around $2,065, ethereum will record its first monthly green candle since August, helping the token outperform the broader market slump during the Iran War.

Amid the news, BitMine Immersion Technologies, the largest ethereum treasury firm and largest staking entity, announced acquiring 71,179 tokens, or $146.3 million, in the past week.

“Crypto is demonstrating itself to be a good ‘war time’ store of value,” BitMine Chairman Tom Lee said in a press release.

“The inverse correlation of crypto (and equities) to oil has been increasing and is at the highest levels in the past year. This is logical. Until equity markets become comfortable with the future trajectory of oil prices, rising oil is a headwind for equities and crypto. And in a sense, the crypto winter likely ends when the upside risk to oil prices peaks,” Lee continued.

Meanwhile, ethereum ETFs suffered last week, with the investment vehicles registering $206.6 million in outflows, the third-most in the year, data from SoSoValue shows.

In other ethereum news:

The Ethereum Foundation staked around $46.2 million worth of ethereum on Monday, according to on-chain data. “This is more ETH than they have EVER staked before,” Arkham Intelligence said on social media.
Lido, the second-largest decentralized finance protocol and known for its liquid staking services, primarily for ethereum, is considering a $20 million buyback for its native token, LDO, which has plummeted nearly 96% since its all-time high of $7.30 set in 2021.

Yaël Bizouati-Kennedy

3/30/26

Bitcoin lifts following Trump’s “great progress” comments, may break 5-month losing streak

“Under the surface, the market is not broken, though it is still thin.”

Bitcoin Medals Manufactured At Sakamoto Metal

Robinhood lists solana meme coin dogwifhat as regulatory landscape sees signs of a thaw

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Ethereum looks likely to register first monthly green candle since August

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