Gravity Bridge halts network after $5.4M exploit
Gravity Bridge has halted its cross-chain bridge operations after a suspected security breach resulted in the theft of approximately $5.4 million in digital assets.
Gravity Bridge has halted its cross-chain bridge operations after a suspected security breach resulted in the theft of approximately $5.4 million in digital assets.
Nvidia's Jensen Huang calls concerns of AI taking jobs "complete nonsense," saying instead that companies are hiring more software engineers due to the abilities of new agentic AI features.
Vietnam's Ministry of Finance has proposed allowing small and medium-sized enterprises to use digital assets, virtual assets and intellectual property as collateral for bank loans under a draft revision of the country's Law on Support for SMEs.
Kraken said it expects to launch CFTC-regulated Bitcoin perpetual futures contracts for US institutional clients within the next month following the Commodity Futures Trading Commission's approval of the instruments.
A white-hat hacker has helped recover approximately $2 million worth of Ether that had been trapped in a faulty Hong Coin ICO smart contract since 2016, enabling long-delayed refunds for dozens of investors.
Rob Hillard, APAC CEO at Deloitte, discusses the impact of AI on corporates across the region. He speaks with Haidi Stroud-Watts on Bloomberg: The Asia Trade.
Jun Bei Liu, Co-founder and Lead Portfolio Manager at Ten Cap, discusses her outlook for markets and investment strategy. She speaks with Haidi Stroud-Watts on Bloomberg: The Asia Trade.
US Federal Reserve Governor Christopher Waller said dollar-backed stablecoins could expand the international influence of US monetary policy as adoption grows across global markets.
US Defense Secretary Pete Hegseth praised defense allies in Asia and hailed newly stable ties with China at an Asia security forum in Singapore. Key US allies in the region also spoke about the security impact of geopolitical tensions both in Asia-Pacific and the Middle East. Bloomberg's China Correspondent Minmin Low breaks down the latest.
President Donald Trump said he's making a "final determination" on a preliminary deal to extend a ceasefire with Iran although mixed messages from both sides over when an agreement might be struck continued to confuse the outlook for a breakthrough. Bloomberg News White House Correspondent Jeff Mason and Bloomberg Economics Lead Economic Statecraft, Lead Chris Kennedy joined David Gura and Christina Ruffini on Bloomberg This Weekend to discuss.
As young people increasingly turn away from drinking alcohol, they're spending more on gym memberships and classes: 30% more than just a year ago, according to market intelligence firm Mintel. These sweaty spaces are beginning to replace bars as places to meet friends and grow relationships. Bloomberg Pursuits Journalist Sarah Rappaport joined Lisa Mateo on Bloomberg This Weekend to discuss.
Former US ambassador to the United Nations and national security adviser to President Trump John Bolton joined David Gura and Christina Ruffini on Bloomberg This Weekend for a wide-ranging conversation the ongoing uncertainty surrounding the Iran deal.
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