CryptoBreaking News

Trezor and chipmaker Tropic Square disclosed a vulnerability in the TROPIC01 secure element used in the Trezor Safe 7 hardware wallet, saying the flaw does not compromise user funds because the chip alone cannot provide access to wallets or private assets.

Nigeria plans to refinance high-cost debt and raise funds to to help plug its budget deficit, leveraging strong investor confidence amid elevated oil prices fueled by the US-Iran conflict. Finance Minister Taiwo Oyedele spoke to Bloomberg's Jennifer Zabasajja in London.

A quantum computer powerful enough to break Bitcoin’s cryptography would be unlikely to profit from stealing the asset because the market would collapse before any fraudulent transaction could be completed, according to a report from Swiss digital asset custody firm Taurus.

Coinbase froze more than $3 million in cryptocurrency linked to cyber-enabled scam networks in Southeast Asia as part of a coordinated international enforcement operation targeting fraud schemes affecting Americans.

SEC Commissioner Hester Peirce said securities laws should not automatically extend to blockchain networks, open-source code, or noncustodial software, framing crypto regulation as a question of where oversight boundaries should be drawn.

SpaceX is seeking to raise $75 billion in an initial public offering that would be the biggest of all time. Elon Musk's rocket, satellite and artificial intelligence company plans to market about 555.6 million shares for $135 each, according to its filing Wednesday with the US Securities and Exchange Commission. Bloomberg's Manuel Baigorri reports.

Law professors preferred answers generated by artificial intelligence over responses written by fellow academics in a Stanford University-led study examining how large language models perform on legal reasoning tasks.

Broadcom shares fell in extended trading after the company delivered a disappointing forecast for artificial intelligence chip revenue. Chief Executive Officer Hock Tan said the company $56 billion in AI chips in the fiscal year that ends in October. The forecast that fell short of the average estimate of $57.6 billion. Bloomberg's Neil Campling reports.

XRP fell 5.19% over the past 24 hours on June 3, dropping to around $1.16 as heavy selling pressure pushed the token towards the lower end of its recent trading range.

A coalition of 160 former national security, intelligence and law enforcement professionals has urged the US Senate to advance the Digital Asset Market Clarity Act, arguing that clear cryptocurrency regulation is essential to national security and law enforcement efforts.

The US said Israel and Lebanon agreed to a ceasefire if Hezbollah also stops fighting, contingent on "a complete cessation" of fire by Hezbollah and evacuation of operatives from Lebanese territory south of the Litani River. Bloomberg's Stuart Livingstone-Wallace breaks down the situation.

Former Singapore Defense Minister Ng Eng Hen offers his perspective on the intersection of geopolitics and defense. He speaks with Haslinda Amin from the sidelines of 'Nomura Investment Forum Asia' in Singapore.