Crypto Breaking News

Canadian billionaire investor Frank Giustra has criticised Ark Invest chief executive Cathie Wood over her prediction that bitcoin could reach as much as $1.5 million by 2030, calling her market commentary “embarrassing”.

Worldcoin's WLD token could climb to as much as $5 in the coming months as investors search for ways to gain exposure to the rapidly expanding artificial intelligence sector, according to Arthur Hayes-backed investment firm Maelstrom.

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

Mastercard is expanding its settlement capabilities to allow issuers and acquirers to settle selected card transactions using regulated stablecoins, deepening the integration of digital assets into traditional payment networks.

Nine Democratic members of the US House of Representatives have called on the Federal Trade Commission to investigate whether prediction market operators are using contradictory messaging when dealing with consumers and regulators.

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.