Crypto Breaking News

Australia's data centre boom is facing headwinds, with local opposition to new developments adding to concerns about the costs and benefits of rapid AI expansion. The debate is being amplified by Prime Minister Anthony Albanese's call for stronger AI safeguards following revelations that an OpenAI model hacked a government website. Co-director of the Centre for AI and Digital Ethics at the University of Melbourne, Jeannie Paterson joins "Bloomberg: The Asia Trade" to discuss the future of Australia's AI ambitions.

Iranian officials have privately expressed pessimism about reaching a deal to end hostilities with Washington before US midterm elections in November. Bloomberg's Stuart Livingstone-Wallace has the latest developments.

Tether’s USDT stablecoin has become a primary payment system for Iran, a Senate report alleges.

NEAR Intents says it has blocked more than $50 million in transfers linked to the Bitget hack.

Goldman Sachs Group Inc (NYSE) is bringing its FTIXX Treasury fund to institutional crypto firms, with CoinDesk reporting the fund is worth roughly $100 billion.

Bitget has said that a third-party security vulnerability enabled fraudulent withdrawal commands during its September 24 attack.

The European Securities and Markets Authority has shifted its 2027 focus towards supervising crypto firms under MiCA.

Blockchain.com Group Holdings Inc. is targeting about $500 million through a potential US IPO, Bloomberg reported.

Bybit and Franklin Templeton have launched tokenised fund shares as off-exchange collateral for trading.

The U.S. Securities and Exchange Commission updated crypto guidance covering certain assets and transactions on September 28.

Pleterski will represent himself when his criminal trial begins on October 5 in Ontario Superior Court.

Kate El-Hillow of Russell Investments said the recent jump in Treasury yields should not be viewed as purely temporary. In response to a question about whether the rise in yields might fade if geopolitical tensions ease, she argued investors should get comfortable with a "higher floor" and "rates for longer." She speaks with Romaine Bostick & Emily Graffeo on "The Close."