Fnance Times

Revolut has reported a record-breaking financial year, surpassing $1 billion in annual profit for the first time.
The post Revolut Profits Spike More Than Double in 2024 to £1.3B Thanks to Crypto Trading Boom appeared first on Cryptonews. …

BlackRock’s iShares Bitcoin Trust (IBIT) led a record $917 million in daily inflows across U.S. spot Bitcoin ETFs, with $643 million added in a single day, highlighting surging institutional demand even as Ethereum ETFs saw outflows.
The post BlackRock’s IBIT Sees $643M Daily Inflow as Bitcoin ETFs Hit $917M High; Ethereum ETFs Blee appeared first on Cryptonews. …

Metaplanet has splurged $448 million to rack up 5,000 BTC at an average price of $89,743 per Bitcoin.
The post Metaplanet Bitcoin Stash Reaches 5000, Adds 145 BTC appeared first on Cryptonews. …

NBA legend Shaquille O’Neal has reached a confidential settlement with investors over his role in promoting collapsed crypto exchange FTX.
The post Shaquille O’Neal Settles Class-Action Lawsuit Over FTX Promotion appeared first on Cryptonews. …

The ZKsync Association has successfully recovered $5 million worth of stolen tokens following a security breach on April 15 involving its airdrop distribution contract.
The post ZKsync Recovers $5M in Stolen Tokens After Hacker Accepts Bounty appeared first on Cryptonews. …

The FBI recorded $9.3 billion losses spread across various crypto fraud, including investment scams, extortion, ATM and kiosks.
The post Crypto Fraud Reached Staggering $9.3B Losses in 2024, 66% Increase From 2023: FBI Report appeared first on Cryptonews. …