CryptoBreaking News

AmericanFortress has proposed a quantum-safe security system designed to protect cryptocurrency wallets without requiring users to move their funds.

As prediction market giants like Kalshi and Polymarket begin offering perpetual futures trading with CFTC approval, other investment platforms are looking to expand their offerings. CME Group is launching single-stock futures, allowing investors to hedge or speculate on more than 50 of the largest US companies. The contracts, offering leverage without the complexity of options, will be cash-settled on the closing price of the stocks they're tied to. FIA CEO Walt Lukken joins Bloomberg Businessweek Daily to discuss the launch of these investment products, why he says prediction market "disruption" is good for building out best regulatory practices for the industry, and more. Lukken speaks with Carol Massar and Tim Stenovec.

Zcash (CRYPTO:ZEC) has activated the Ironwood network upgrade, adding new features aimed at improving privacy and expanding blockchain compatibility.

Flare (CRYPTO:FLR) has launched Smart Accounts v1.3, allowing users to complete multiple XRPFi transactions with a single wallet signature.

Brixmor Property Group reported upbeat second quarter sales this week, seeing strong leasing spreads, record small shop occupancy, and more. Analysts from Evercore ISI and Stifel raised their forecasts on the company after earnings results. CEO Brian Finnegan joins Bloomberg Businessweek Daily to discuss, saying consumer traffic remains high, up around 10% since pre-COVID, which equates to strong tenant growth as well. He also discusses the state of consumer spending, the benefits seen by Brixmor's open-air shopping center locations, and more. Finnegan speaks with Carol Massar and Tim Stenovec.

Clear Creek Financial Management disclosed about US$15 million in cryptocurrency exchange-traded fund holdings in its latest regulatory filing.

Morgan Stanley has launched Ether (CRYPTO:ETH) and Solana (CRYPTO:SOL) exchange-traded funds with a 0.14% annual management fee.

JPMorgan Chase, Bank of America and Citigroup are building a shared deposit token network for digital payments.

Lido (CRYPTO:LDO) has launched Curated Module v2, an upgrade that could reduce Ethereum (CRYPTO:ETH) validator numbers by about one-third through validator consolidation.

Apple is facing a lawsuit after three users alleged they lost a combined $1.8 million in Bitcoin (CRYPTO:BTC) through a fake Sparrow Wallet app downloaded from the App Store.

SK Hynix Inc.'s quarterly profit rose 557%, but missed expectations, fueling fears that an AI boom that has propelled the semiconductor industry may be decelerating. Bloomberg's Mark Cranfield and Anthony Stephens share their insights.

UPS CEO Carol Tomé sees a positive future for the company ahead in large part to the restructuring of priorities away from Amazon delivery, and upgrades to their digital platforms and infrastructure. She speaks to Romaine Bostick on Bloomberg's 'The Close.'