In today's crypto news, Robinhood's initiative to tokenize stocks on its newly developed Ethereum-compatible blockchain threatens the revenue of major exchanges like the NYSE, as suggested by Galaxy Digital. Robinhood CEO Vlad Tenev announced that users will be able to trade tokenized stock derivatives any time, directly on-chain, challenging traditional liquidity sources. Additionally, Coinbase executive Conor Grogan mentioned a slim possibility that a recent $8.6 billion Bitcoin transfer, occurring from wallets dormant for over 14 years, could be linked to a hack. This massive movement raised concerns and speculation, including rumors that it could involve Bitcoin’s creator, Satoshi Nakamoto. The BTC price dropped nearly 2%, falling below $108,000, coinciding with the whale activity. The transactions prompted discussions as corporate adoption of Bitcoin rises, with 255 companies reportedly holding around 3.97% of the total Bitcoin supply.

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