Crypto wrench attacks surge as losses hit US$124M
Cryptocurrency holders lost about US$124 million to physical "wrench attacks" during the first six months of 2026.
Cryptocurrency holders lost about US$124 million to physical "wrench attacks" during the first six months of 2026.
Argentina has introduced a bill to overhaul its capital markets by reducing regulations and expanding the use of blockchain technology and digital assets.
Mirae Asset has renamed South Korean cryptocurrency exchange Korbit to Digital X after completing its acquisition of the platform.
The US Securities and Exchange Commission (SEC) will hold discussions in September on 24-hour stock trading.
Zhibao Technology plans to raise up to US$220 million through a stock offering.
Rahul Verma of the Centre for Policy Research says student anger over exam paper leaks has evolved into a broader expression of frustration about economic opportunity and upward mobility, creating a different challenge for Prime Minister Narendra Modi.
US Senator Ruben Gallego criticised a Republican counterproposal to the CLARITY Act, calling it "not a serious effort."
CATL may find it easier to impress investors with its upcoming financial results, after the world's top battery maker's stock valuation slumped to a one-year low. Macquarie Capital's Eugene Hsiao thinks the volatility in the stock has been driven by a weak domestic auto sector and high lithium prices.
The United Nations said scam networks in Southeast Asia may have stolen up to US$114 billion from victims in one year.
Former BitMEX users have filed a lawsuit accusing the crypto exchange of fraudulent liquidations.
The Magnificent Seven technology giants suffered their biggest one-day drop since the tariff tantrum in April 2025 on Thursday, with an index of the group falling 4.8% and wiping out $797 billion in market value. The selloff pushed the S&P 500 Index down 1.2%, while the tech-heavy Nasdaq 100 Index sank 1.9%. Bloomberg MLIV's Ven Ram breaks down the situation.
Hope of hostilities easing between the US and Iran are fading quickly with neither side backing down or saying it's time for new negotiations. The conflict also faces a fresh threat of escalation as Iran-backed Houthis claimed their first attack on commercial ships in recent months. Investors and central banks are now confronting the possibility that the attack could effectively close another maritime chokepoint vital to energy markets. The Opening Trade spoke to guests about what the rebound in oil prices could mean for companies as Europe stares down the barrel of dwindling gas supplies.