Gemini reported its fourth quarter revenues were $60.3 million, which co-founders Cameron and Tyler Winklevoss say is its highest quarterly revenue in three years. Shares in crypto exchange Gemini surged after hours as stronger-than-expected fourth-quarter results showed revenue growth driven by credit card adoption and a reworked fee structure. Gemini reported on Thursday that its Q4 revenues rose 39% from the year-ago quarter to $60.3 million, reportedly beating analyst expectations of $51.7 million. It reported a net loss of $140.8 million for Q4, deepening from its $27 million loss from a year ago. Gemini posted a total 2025 loss of $585 million, ahead of its total 2024 losses of $156.6 million. Read more
Scammers impersonating the FBI via a token are telling Tron users they are under investigation and must complete a check to avoid having their assets frozen. The US Federal Bureau of Investigation says a scam using a token on the Tron blockchain is impersonating the agency with the aim of grabbing personal information. FBI New York’s X account shared on Thursday a message some Tron users received via a token bearing the agency’s name and seal that said their wallet was “under investigation.” The message then prompts the recipient to complete a sham anti-money laundering verification online “to avoid a total block on your assets.” Read more
SADIQ Khan and journalist Saima Mohsin address the Iftar event at Trafalgar Square.—X/mayoroflondon • Badenoch defends shadow justice secretary for calling public prayer ‘an act of domination’ • Labour accuses Tories of ‘divisive politics’; Starmer says party seems to have ‘a problem with Muslims’ • Controversy centres on popular ‘Open Iftar’ event LONDON: Conservative leader Kemi Badenoch defended her party’s shadow justice secretary, Nick Timothy, after he described Islamic prayers held in public spaces as “an act of domination”, triggering sharp criticism from political opponents and community leaders. The controversy erupted after Timothy shared images on social media showing prayers during a Ramazan gathering at Trafalgar Square in London. He wrote that mass public prayer was “an act of domination” and “straight from the Islamist playbook”. Amid criticism, including from Mayor Sadiq Khan, Timothy restated in The Daily Telegraph that expressions of non-Christian faith pose a “challenge”. Even Prime Min...