CryptoBreaking News

US Senator Cynthia Lummis has urged Congress to move quickly on digital asset legislation, warning that the United States could lose ground to China and Europe if lawmakers delay action.

Meta is alerting thousands of employees that they're being laid off, part of a previously announced restructuring aimed at reducing costs while the company invests heavily in artificial intelligence. The company began notifying workers around the world Wednesday morning, starting with employees across Asia, who got the note at 4 a.m. Singapore time. US-based staff are also expected to receive word during their morning, according to an internal memo. Bloomberg's Tom Mackenzie reports.

UK inflation fell to its lowest rate in more than a year, prompting traders to bet on fewer Bank of England interest-rate hikes even though economists expect price pressures to return. Bloomberg's Sam Unsted reports.

Donald Trump signed an executive order directing US financial regulators to review whether fintech and crypto firms face unnecessary barriers accessing Federal Reserve payment systems and banking partnerships.

SOL’s tokenised real-world asset market expanded 43% quarter over quarter to $2.01 billion in the first quarter of 2026 despite broader weakness across crypto markets.

Rufaro Chiriseri, head of fixed income for UK and Europe at RBC Wealth Management, discusses the outlook for Treasuries as 30-year yields climbed to levels not seen since the global financial crisis. "We're actually happy to be sort of on the shorter end," Chiriseri tells Bloomberg Television. "But at the same time, it starts to look a lot more interesting with 30-year real yields at levels that we haven't seen since the GFC."

Anna Edwards, Guy Johnson, Tom Mackenzie and Mark Cudmore break down today's key themes for analysts and investors on "Bloomberg: The Opening Trade."

OKX SG chief executive Gracie Lin said traditional banking infrastructure is fundamentally incompatible with the emerging AI agent economy because existing systems were designed around human verification and slow settlement processes.

GitHub said it is investigating unauthorised access to internal repositories after attackers compromised an employee device using a poisoned Visual Studio Code extension.

World Health Organization Director-General Tedros Adhanom Ghebreyesus called for an international response to the Ebola outbreak at a meeting of the WHO's emergency committee in Geneva on Tuesday. Bloomberg's Jennifer Zabasajja reports.

Meta has reportedly started laying off employees in Singapore as part of a broader plan to reduce headcount by around 8,000 workers while increasing investment in artificial intelligence infrastructure.

Christoph Hock warned that major dollar-backed stablecoins including USDT and USDC remain vulnerable to liquidity shocks despite large holdings of US Treasury bills.