The trading app saw its first quarterly profit in a year slip to $346 million, or 38 cents per share, just shy of analysts’ forecast. Revenue hit $1. 07 billion, down from the expected $1. 14 billion, thanks mainly to gains in stocks and options while crypto fees fell sharply. Crypto trading revenu
Robinhood’s earnings show a sharp fall in crypto trading income, but other parts of the business are growing. Crypto revenue dropped 47% to $134 million from last year’s $252 million. The company said customers are moving away from crypto to other trading options. Transaction‑based revenue cl
The first quarter numbers for Robinhood are out soon. Experts predict a small profit increase compared to last year, with earnings per share expected around $0. 39. Revenue is also looking up, though not as high as the last quarter. This suggests some growth, but not a huge spike. Crypto plays a bi
Pepeto is getting ready to go live on Binance soon, but this isn’t just another meme coin trying to ride the hype. While Dogecoin struggles below its 2021 peak of $0. 74, trading at just $0. 097 today, the big question is whether meme coins can ever recover their past glory. Analysts throw around nu
U. S. officials recently blocked $344 million in cryptocurrency linked to Iran, a move aimed at stopping funds from reaching groups like the Islamic Revolutionary Guard Corps and Hizballah. The freeze happened days after Tether, a major stablecoin company, locked up an identical amount at the govern
French police have launched a major crackdown on organized crime groups targeting cryptocurrency owners through brutal, hands-on theft methods. Authorities have charged 88 suspects—including over 10 minors—in 12 separate investigations across the country. Most of these suspects are now held in custo
A federal team has pulled back $700 million that had been siphoned by a Chinese‑run fraud ring operating from a compound in Burma. The money was trapped on blockchain networks, but new tools let authorities freeze and redirect it back to those who lost their savings. The operation was led by a joint
Western Union, the 175‑year‑old money‑transfer giant, is ready to launch its own stablecoin, a digital dollar that could change how it moves money worldwide. The company said the coin, called USDPT, will be issued through Anchorage Digital and run on the Solana blockchain. The launch is expected nex
A 22‑year‑old from California has been handed a 70‑month federal prison term for moving stolen cryptocurrency worth over $263 million. The young man, whose name is Evan Tangeman, also faces three years of supervised release after pleading guilty to a RICO conspiracy. The case shows how quickly onlin
Pavel Durov, the person behind Telegram, has claimed that French tax officials are handing over personal information about people who own cryptocurrencies to criminals. He says these data leaks have helped thieves target wealthy crypto owners for ransom attacks. The accusations come after France re
