Crypto Breaking News

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.'

XRC Ventures Founder & Managing Partner Pano Anthos understands the scale of the issue of AI governance with the insurance industry dropping or excluding AI risk, as companies struggle to manage their internal architectures against outside programs. He speaks to Romaine Bostick and Emily Graffeo on Bloomberg's 'The Close.'

TCBY Executive Director Richard Screnci believes there is a place for consumers to watch their health and enjoy eating sweet treats at the same time, as the company looks for more growth opportunities both domestically and abroad. He speaks to Romaine Bostick and Emily Graffeo on Bloomberg's 'The Close.'

Barnes and Noble CEO James Daunt is seeing a tremendous resurgence in the business as consumers return to a love of physical book stores, with more to offer like vinyl records and in-store cafes. He also attributes blockbuster Hollywood successes such as 'The Odyssey' being a driving force for Gen Z and older to read more. He speaks with Romaine Bostick and Emily Graffeo on Bloomberg's 'The Close.'

Databricks Co-Founder and Senior VP of Field Engineering Arsalan Tavakoli sees an endless amount of possibilities in the AI space, but also the need for governance at all levels of the industry as the company waits for the right time to go public. He speaks to Romaine Bostick and Emily Graffeo on Bloomberg's 'The Close.'

Rithm Capital Chairman and CEO Michael Nierenberg speaks with Romaine Bostick and Emily Graffeo on Bloomberg's 'The Close' on the company's most recent earnings, as well as looking to the future both in the real estate outlook and overall growth for the company.

Dushyant Shahrawat, Bloomberg Intelligence Crypto & Assets Analyst, says crypto it here to stay and promises to change the way financial products are manufactured. He argues that just like we got used to trusting software and AI, the financial world will do the same with cryptocurrencies, and that the increased use of platforms like Venmo was just the first step.