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London-based crypto-friendly fintech giant Revolut reported record earnings for 2025 as it scales across new markets.Profit before tax rose 57% year over year to $2.3 billion, while revenue climbed 46% to $6 billion, according to its annual report. The company posted its fifth straight year of net profit, which stood at $1.7 billion for 2025, with margins improving to 38%. Growth came from a wider mix of services. Card payments, subscriptions, foreign exchange and wealth products each contributed meaningful income. Eleven business lines generated more than $135 million each, the firm said.Customer activity also surged. Total balances increased 66% to…
Global oil prices edged higher in after-hours trading Monday to recoup portion of the nearly 11% lost during the regular session, as traders geared up for what’s likely to be another day driven by developments in the Iran conflict.
Toyota said Monday it was committing $1 billion to a pair of U.S. factories, with the bulk directed to its Georgetown, Kentucky plant — the automaker’s largest vehicle manufacturing facility in the world. The announcement allocates $800 million to the Kentucky plant and $200 million to a facility in Princeton, Indiana. The Kentucky funds are earmarked to prepare the plant for a second battery electric vehicle and to expand production capacity for the Camry sedan and RAV4 crossover. The Indiana allocation will increase capacity for the Grand Highlander SUV. “Toyota’s investment in the U.S. is for the long-term, tied to…
Lunar Digital Assets, the leading full-stack blockchain venture studio, today announced that Litecoin creator Charlie Lee has joined the advisory board of LitVM, Litecoin’s virtual machine designed to enable smart contract capabilities and Web3 applications on the network. Lee will provide strategic guidance as LitVM expands development of programmable infrastructure for the Litecoin ecosystem. The project also announced Litecoin Foundation, BitcoinOS, Arbitrum, QuickSwap, Lunar Digital Assets, Succinct, Espresso, and Caldera as strategic partners with built-in collaboration. Together, these collaborators are helping establish the technical foundation and developer ecosystem needed to bring smart contract capabilities to Litecoin. LitVM is the first…
U.S. stock-index futures bounced between slight losses and gains on Sunday night, as new threats of escalation from both President Donald Trump and Iran threatened to intensify the conflict roiling the Persian Gulf region.
A stablecoin is supposed to be worth a dollar. Resolv’s USR is worth 27 cents and the math to fix it doesn’t work.An attacker exploited a flaw in Resolv’s USR stablecoin minting contract around 2:21 a.m. UTC on Sunday, creating approximately 80 million unbacked tokens across two transactions and extracting roughly $25 million, according to multiple blockchain security firms and onchain data. The attacker then swapped the minted USR for USDC and USDT across decentralized exchanges, converted the proceeds to ETH, and now holds 11,409 ETH worth about $23.7 million plus $1.1 million in wrapped USR in a separate wallet.USR,…
Economists and strategists are taking stock of what surging oil prices mean for consumer spending, inflation, and ultimately, the Federal Reserve’s path this year. Gas prices have gone up by nearly $1 in just a month, topping $3.92 per gallon, according to AAA data. At this pace, analysts foresee $4 gasoline arriving within days. Meanwhile, Americans are spending roughly $370 million more today on gasoline than they were a month ago, according to GasBuddy data. “For most consumers, you can’t avoid gasoline price increases. It functions like a tax, very similar to a tariff,” said Luke Tilley, Wilmington Trust chief…
Bitcoin traders are paying record prices for downside protection, according to VanEck’s mid-March 2026 Bitcoin ChainCheck, a sign that investors remain defensive even as spot prices begin to stabilize.In the report, senior VanEck analysts said bitcoin’s 30-day average price fell 19% from the prior period, while realized volatility dropped from about 80 to just above 50.Futures funding rates also eased to 2.7% from 4.1%, suggesting leveraged speculation has cooled.Options markets show investors are as cautious as it gets. VanEck said the put/call open interest ratio averaged 0.77 and peaked at 0.84, the highest level since June 2021, when China cracked…
BitMart, a global cryptocurrency trading platform, today launched the BitMart Web3 Wallet, aiming to provide users with a seamless experience that connects asset management and on-chain trading within a single platform. As the crypto industry continues to evolve, Web3 is steadily moving from concept toward broader real-world adoption. From on-chain trading and DeFi opportunities to emerging forms of digital assets, users are increasingly seeking a secure and convenient gateway to access the on-chain ecosystem. For BitMart, this launch represents more than just an additional product feature. It marks an extension of its broader ecosystem strategy. As one of the most…
Find out how much you could earn by locking in a high CD rate today. The Federal Reserve cut its federal funds rate three times in 2025, so now could be your last chance to lock in a competitive CD rate before rates fall further. CD rates vary widely across financial institutions, so it’s important to ensure you’re getting the best rate possible when shopping around for a CD. The following is a breakdown of CD rates today and where to find the best offers. Generally, the best CD rates today are offered on shorter terms of around one year…