Garlinghouse says crypto critics lost battle
Ripple chief executive Brad Garlinghouse said President Donald Trump's recent support for a “future-proof” digital asset framework signals a major shift in US crypto policy.
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Ripple chief executive Brad Garlinghouse said President Donald Trump's recent support for a “future-proof” digital asset framework signals a major shift in US crypto policy.
A new report from Quantus warned that the cryptocurrency industry is not moving quickly enough to prepare for quantum computers that could eventually compromise the cryptographic systems securing more than $2 trillion in digital assets.
Terawulf has acquired a major Kentucky data centre development site as the company accelerates its transition from bitcoin mining to artificial intelligence infrastructure.
Sui Network resumed normal operations after a network outage lasting nearly six hours that temporarily halted transaction processing across its mainnet.
Apollo and Blackstone are working to bring additional investors into a roughly $36 billion debt financing deal to help Anthropic build out its AI infrastructure. The debt will be used to purchase Google's custom chips known as tensor processing units, or TPUs, which Anthropic will then lease, according to people with knowledge of the matter. Bloomberg's Neil Campling reports.
Bit Digital's first Ether purchase since October has fallen into the red after the company bought $20 million worth of ETH shortly before a sharp market decline.
Bitcoin's largest holders have largely stopped accumulating the cryptocurrency, with CryptoQuant reporting a deterioration in demand across key investor groups that has historically signalled sustained price weakness.
Paxos said it has become the first blockchain-native company to receive registration from the US Securities and Exchange Commission as a clearing agency.
Rosanna Law, Hong Kong's Secretary for Culture, Sports and Tourism, says the city is on track to reach its 53.8 million visitor arrivals target for 2026 and is currently running slightly ahead. She speaks with Yvonne Man and David Ingles on Bloomberg: The China Show
US President Donald Trump said the Digital Asset Market Clarity Act would help create a “future-proof digital asset market structure” and prevent future administrations from reversing crypto-friendly policies.
Equity benchmarks across Asia and the US saw new highs this week, driven by optimism around the resonant AI trade despite growing concerns of potential disruptions to the labor market. The Opening Trade spoke with industry experts and leading market voices on how companies and regions are preparing for a latent transformation to jobs.
The Bank for International Settlements said its Project Agorá prototype successfully demonstrated wholesale cross-border payments settling within seconds using tokenised central bank reserves and commercial bank deposits.
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