Bitcoin-based Liquid Network reported that $320 million was withdrawn in a hack. The incident highlights security risks in cryptocurrency infrastructure.
Tokyo Stock Exchange announced the de-designation of UMC Electronics Co., Ltd. from securities under supervision (examination). This indicates the company is no longer under special monitoring.
OpenAI's TIME magazine cover with the message 'Trust Us' has sparked commentary on the risks for AI investors. The article suggests that the cover serves as a reminder of past warnings about AI hype.
The article discusses whether investors should allocate 5% of their portfolio to Bitcoin. It argues that Bitcoin should no longer be viewed as a speculative, fringe asset class.
Frasers Group plc stated its intention to further increase its interest in HUGO BOSS, potentially acquiring additional shares to exceed 50% of the share capital. This move signals a strategic investment in the fashion company.
The corporate regulator said it would take no action against Mineral Resources and its managing director Chris Ellison. The decision follows the conclusion of its investigation into tax allegations.
Administrators of the property development business Bathla Group are preparing to liquidate it by the end of the day. The funding deadline was brought forward.