Crypto Breaking News

In just a few years China has become the world's largest car exporter, and electric vehicle-maker BYD is leading the way; it's now the top-selling EV producer globally, overtaking Tesla and expanding into Europe and beyond. Bloomberg's Tom Mackenzie reports from Paris, where BYD unveiled its latest luxury EV: the Denza Z9GT. He speaks with BYD Group Executive Vice President Stella Li and Alfredo Altavilla, BYD's Special Adviser for Europe, about the company's rapid rise, its technological edge, and the growing pressure on legacy automakers.

The Strait of Hormuz oil shock has yet to crash demand as the rich world borrows from its stocks and pays up to secure supply. Traders are now sounding the alarm that a harsh adjustment is coming. S&P Global Vice Chairman Daniel Yergin joins David Gura and Christina Ruffini on Bloomberg This Weekend to discuss.

Iran has played down expectations of direct talks with the United States over ending the war as US envoys are expected to travel to Islamabad, Pakistan but this time without Vice President JD Vance, the lead negotiator. US Navy Retired Vice Adm. Kevin Donegan joins David Gura and Christina Ruffini on Bloomberg This Weekend to discuss.

The world's richest man may soon also be the world's first trillionaire as Elon Musk's SpaceX targets an IPO with a valuation of around $1.5 Trillion in what would be the largest IPO ever. Muskism: A Guide for the Perplexed authors Ben Tarnoff and Quinn Slobodian join David Gura and Christina Ruffini on Bloomberg This Weekend to discuss "Muskism," referring to the ideology and worldview that shaped Musk. They say it is "an operating system for the 21st century."

The Justice Department said it would end its criminal investigation of Federal Reserve Chair Jerome Powell, an attempt to clear the obstacle that has stalled Kevin Warsh's confirmation as his possible successor. Bloomberg News Justice Department Reporter Chris Strohm and Reporter Enda Curran join David Gura and Christina Ruffini on Bloomberg This Weekend to discuss.

President Donald Trump has sent envoys to Pakistan with the intention of meeting with Iranian officials, while Tehran sounded a pessimistic tone on the prospects for talks to end the eight-week war roiling the global economy. Bloomberg News Deputy UAE Bureau Chief Abeer Abu Omar, Washington Correspondent Josh Wingrove and Senior Reporter Dan Strumpf join David Gura and Christina Ruffini on Bloomberg This Weekend to discuss.

Anthropic says its newest AI system can detect serious cybersecurity risks, but the new technology is so powerful that the company is holding back public release. The nearly autonomous system can detect banking software vulnerabilities and spawn sub-agents that operate without human oversight at unprecedented speed. Treasury Secretary Scott Bessent and Fed Chair Jay Powell took the unusual step of calling in major bank leaders to discuss the risks raised by the new model. Experts weigh in on whether regulation and open-source tools can keep the financial system safe.

The European Central Bank has signed agreements with three European standards bodies to reuse open payment standards for the digital euro, aiming to reduce integration costs across the financial system.

Amazon Web Services has added Chainlink services to its AWS Marketplace, enabling enterprises to integrate blockchain data tools directly into cloud infrastructure.

BitMine Immersion Technologies has purchased 10,000 ETH from the Ethereum Foundation in a deal valued at approximately $23.87 million.

Police in South Korea arrested a 40-year-old man for distributing an AI-generated image of an escaped wolf that misled authorities and triggered public alerts.

Tennessee has become the second U.S. state to ban Bitcoin ATMs, making it a criminal offence to own or operate the machines starting July 1.