Crypto Breaking News

UAE investors increased exposure to artificial intelligence and crypto assets during recent market volatility, buying into the tech sell-off despite rising geopolitical tensions in the region.

Cardano founder Charles Hoskinson said a proposed Bitcoin upgrade aimed at protecting funds from quantum computing will fail to secure all vulnerable coins.

Russian crypto exchange Grinex has suspended trading after reporting a cyberattack that resulted in losses exceeding $13 million, or more than 1 billion rubles.

Charles Schwab plans to launch a cryptocurrency trading service, but faces strong competition from low-cost crypto ETFs that already dominate investor flows.

The UK Financial Conduct Authority has launched a consultation outlining plans to regulate key crypto activities, with a full framework set to take effect by October 2027.

The crypto market has demonstrated mixed but resilient performance as Middle East tensions rattled global markets, with Bitcoin rebounding to around $75,000 after earlier declines.

Bitcoin climbed towards $75,000 on Thursday, rising 1.1% to $74,890 as easing geopolitical tensions and renewed risk appetite supported demand for the cryptocurrency.

The Ethereum Foundation said a six-month initiative uncovered around 100 North Korean IT workers embedded across 53 crypto projects, highlighting a significant insider threat to the sector.

President Donald Trump says the US and Iran could clinch a permanent ceasefire, with talks between Washington and Tehran possibly resuming this weekend. Bloomberg's Laura Davison breaks down the latest.

Elon Musk's lieutenants have reached out to chip industry suppliers including Applied Materials Inc., Tokyo Electron Ltd. and Lam Research Corp. for his envisioned Terafab, early steps in an audacious and likely arduous attempt to break into the production of cutting-edge chips.  Staff working for the joint venture between Tesla Inc. and SpaceX have sought price quotes and delivery times for an array of chipmaking gear, people familiar with the matter said. In past weeks, they've contacted makers of photomasks, substrates, etchers, depositors, cleaning devices, testers and other tools, according to the people, who asked not to be named disclosing private discussions. Bloomberg's Ed Ludlow joins to discuss.

EDO President & CEO Kevin Krim discusses Netflix's big push into broadcasting live events, especially live sports, referring to them as 'the engine that powers the whole ecosystem.' He talks with Romaine Bostick and Katie Greifeld on "The Close."

Ross Gerber, Gerber Kawasaki Wealth and Investment Management co-founder, president and CEO, says Netflix is in a phenomenal position and just "keeps printing money." Netflix gave a forecast for the second quarter that fell short of analysts expectations. Gerber speaks on "Bloomberg The Close."