PANews June 11 news, according to Finance Feeds, Israeli fintech company eToro announced its financial report for the first quarter of 2025, showing a net income decline of 6% year-on-year to $60 million, mainly due to increased marketing and product expansion expenses. The company's net contribution rose by 8% year-on-year to $217 million, while assets under management rose by 21% to $14.8 billion, and the number of funded accounts increased by 14% to 3.58 million. During the reporting period, eToro launched futures trading in Europe, listed options trading in the UK, increased the number of crypto assets by 40 to over 130, and added staking functions for DOT and ATOM. The company also expanded its wealth management services, launching commodity portfolios, capital protection features, and a securities lending program. After obtaining the EU MiCA license in May, its crypto custody business underwent SOC 2 Type.

Odaily Planet Daily News Scroll, Axiom, developer Max Gillet, and the Privacy and Scalability Explorations (PSE) team of the Ethereum Foundation announced the launch of the Open Source zkVM framework OpenVM for instant proof. Scroll L2 will adopt OpenVM as its zkVM and plans to verify the mainnet blocks in the coming months. This will transition Scroll from the current Type-3 to Type-1 zkEVM, the latter being fully equivalent to Ethereum's zkEVM type. Scroll will soon upgrade to Stage-1 with a fully functional proof system.

Global institutional encryption asset custody service provider Cactus Custody has announced the completion of SOC 1 Type 1 certification, demonstrating its unwavering commitment to outstanding operations, precise financial disclosure, and the security of digital assets. Deloitte's comprehensive review ensures its robust financial processing and security control capabilities. Simultaneously, the SOC 2 Type 1 certification signifies industry-leading standards in operational management, data security, and finance.

Golden Finance reported that the Securities and Futures Commission of Hong Kong (SFC) has allowed ZA Bank's Type 1 license to add virtual asset trading conditions, which means that cryptocurrency trading can be conducted. A spokesperson for ZA Bank stated that ZA Bank...

Golden Finance reported that according to PeckShield monitoring, an Address 0xe7e9...fa01 suffered a FakePhishing187019 Phishing attack, resulting in a loss of 114,138.9 TypeAI (TYPE) tokens, worth approximately $87,000.