Robinhood posted solid first-quarter growth, with revenue up 15% year over year, even as crypto trading income fell sharply. The results highlight a shift toward equities, options, and interest income as key drivers. Key Takeaways: Robinhood posted $1.07B Q1 revenue, up 15%, but crypto revenue fell 47% to $134M. Robinhood assets jumped 39% to $307B, […] from Bitcoin News https://ift.tt/zH5vCxp
At least 276 people were arrested in a global cryptocurrency scam crackdown that dismantled nine alleged fraud centers targeting Americans. Authorities said the schemes used fake platforms, online trust-building, and rapid laundering to move victims’ crypto beyond their control. Key Takeaways: U.S. authorities cited “unprecedented” cooperation with China and Dubai in arresting 276 suspects. Fraud […] from Bitcoin News https://ift.tt/my64EO2