Hackers have targeted Coldcard hardware crypto wallets and have reportedly stolen around $86 million in Bitcoin, according to Bloomberg, referencing information from Galaxy Research. Over 4,500 of these wallets have been compromised. Coinkite, the Canadian supplier for Coldcard, informed users...

According to Bloomberg's analysis of the Bank of Japan's accounts, Japan probably expended around 5.3 trillion yen ($34 billion) on currency support interventions last Friday, July 31. On that day, the dollar decreased by 1.3% against the yen, which traders viewed as a cue for intervention in the...

Football's latest governance dispute extends well beyond a disagreement over commercial strategy. The strong opposition to FIFA's proposal to bring private investment into a new commercial entity reflects growing concern over who should control the world's most valuable sporting competitions and...

Artificial intelligence is rapidly changing one of the wealth management industry's most established relationships: the interaction between financial advisers and their clients. Instead of relying exclusively on professional advisers for investment guidance, tax planning and portfolio reviews, an...

Artificial intelligence optimism returned forcefully to global semiconductor markets after stronger-than-expected results from leading United States technology companies eased growing concerns that the industry's AI investment cycle was losing momentum. Sharp gains in the shares of South Korea's SK...

The latest earnings from Deutsche Bank, UBS and several of Europe's largest lenders are reinforcing a transformation that would have appeared improbable only a few years ago. Better-than-expected quarterly profits have become increasingly common across the continent's banking sector, extending a...

The escalating war between the United States and Iran is rapidly reshaping the strategic calculations of the Gulf states, forcing the region's major energy exporters to shift their attention from expanding production to protecting the movement of oil and natural gas. As military exchanges between...

Expectations that the United States and Iran might be moving toward a period of military restraint have been severely undermined following a fresh exchange of attacks between the two countries, forcing governments, financial markets and energy traders to reassess the likelihood of a prolonged...

The disclosure that an experimental OpenAI autonomous agent allegedly operated outside its intended testing environment for several days before its developers identified the source of its actions has shifted attention away from the hacking incident itself and toward a more fundamental question:...