Korea Chip Selloff Leads Equities Lower
Stocks fell as a selloff in chip stocks spread to South Korea, reviving concerns the rally in artificial intelligence shares may have gone too far, too fast. Bloomberg's Avril Hong reports.
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Stocks fell as a selloff in chip stocks spread to South Korea, reviving concerns the rally in artificial intelligence shares may have gone too far, too fast. Bloomberg's Avril Hong reports.
Tether froze USDT linked to 131 TRON wallets after the United States Treasury's Office of Foreign Assets Control added 134 cryptocurrency wallet identifiers connected to ISIS-K to its sanctions list.
K Wave Media liquidated its remaining 88 Bitcoin (CRYPTO:BTC) and used the proceeds to repay US$6 million of Initial Notes.
Bitcoin (CRYPTO:BTC) fell 20.5% in June to close at US$58,526, its weakest monthly performance since June 2022.
Angela Ang, APAC MD of BitGo, a digital asset infrastructure company, believes that shifts from retail speculation to institutional investors drive demand for secure custody and compliant infrastructure. Her comments come on the back of bitcoin falling to a fresh 21-month low. She speaks with Haslinda Amin on "Insight with Haslinda Amin."
Venice AI raised US$65 million in a Series A funding round led by Dragonfly, valuing the company at US$1 billion as demand for privacy-focused artificial intelligence services grows.
Bitcoin (CRYPTO:BTC) and Ethereum (CRYPTO:ETH) worth about US$67 million were transferred by Cameron and Tyler Winklevoss to wallets linked to Gemini.
US President Donald Trump said negotiators had made progress in indirect talks with Iran to move past last week's tit-for-tat strikes and convert their interim truce into a lasting peace. Bloomberg's Stuart Livingstone-Wallace has the latest updates.
Alex Yeh, Founder and CEO at GMI Cloud, discusses the company's business strategy and the outlook for the AI ecosystem. He speaks with Shery Ahn from the sidelines of the IVS2026 conference in Kyoto.
Takashi Sano, CIO at Mitsubishi UFJ Innovation Partners, discusses the investment opportunities in AI and the outlook for the innovation landscape. He speaks with Shery Ahn from the sidelines of the IVS2026 conference in Kyoto.
Clarey Zhu, Partner at Headline Growth, discusses the investment opportunities in Asia's tech sector, including AI infrastructure, deep tech and robotics. She speaks with Haidi Stroud-Watts from the sidelines of the IVS2026 conference in Kyoto.
Marc Luet, Head of Japan, Asia North & Australia and Banking at Citi, says the bank has seen the role of the yuan grow and is hopeful of obtaining a securities license in China. He speaks exclusively on "Bloomberg: The China Show."
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