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Etoro net income falls seventy four percent amid lower crypto trading
Brokerage platform Etoro reported third quarter net income of $15 million, representing a 74% decline from a year earlier. The drop stemmed from reduced cryptocurrency trading activity.
- Third quarter net income fell to $15 million from $57 million a year earlier.
- Funded accounts increased by 18% year over year to 4.39 million accounts.
- The board authorized a share repurchase program of up to $250 million.
CFTC warns prediction market operator Kalshi of imminent charges
Deutsche Bank launches crypto custody services in Europe for corporate clients
North Korean hackers launder Binance hack funds via NEAR meme tokens
INIT
−5.0%Initia halts blockchain after suffering second security breach in weeks
The Initia layer-1 blockchain halted operations following a security breach involving unauthorized transfers from escrow accounts.
Walt releases standalone app offering tokenized stocks and AI tools
Telegram‑originated wallet Walt launched a standalone Android app on November 10. The app lets users sign up via Google or Apple without needing Telegram.
Poland passes sanctions bill including crypto freezes for listed entities
Poland's lower house passed a sanctions bill that explicitly includes crypto assets among the funds authorities can freeze. Lawmakers approved the measure by a vote, and the text is now before the Senate.
BitGo reports higher profit and lower revenue in third quarter
BitGo posted a 94 percent increase in third-quarter net income to $44.1 million, despite a 51 percent drop in revenue to $2.85 billion.
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