Market Wrap
- Berkshire Hathaway net income doubled last quarter on a near $13 billion investment gain, according to MarketWatch.
- CEO Greg Abel spent $4.5 billion on buybacks in his second quarter leading the company, per CNBC.
- BTCPay restricted remote Lightning access after attackers drained funds from multiple nodes, with the total stolen amount unknown, Cointelegraph reported.
- A Bitcoin Red Team disclosed more than a dozen vulnerabilities across 150 Bitcoin repositories using AI security scans, per Decrypt.
- Hardware wallet sales in Russia more than doubled as new crypto regulations approach, CoinDesk reported.
- An Israeli startup named Irregular was linked to rogue AI attacks at OpenAI, Anthropic and Meta, CNBC said.
- AI stocks rebounded to help lift two major averages to fresh records this week, according to CNBC.
- SpaceX's Nvidia deal may harm neoclouds like Coreweave, MarketWatch reported analysts saying.
- Collateralized loan obligations are gaining traction as the next potential push in ETF offerings amid rate uncertainty, CNBC reported.
- Robinhood head of crypto Johann Kerbrat addressed the company's blockchain strategy in remarks to Decrypt.
- Over 100 crypto projects have folded in 2026, marking a dot-com style shakeout, CoinDesk reported.
- Verizon restored mobile service after an outage affecting thousands of U.S. customers; the cause was not disclosed, CNBC said.
Sources: MarketWatch, CNBC, Cointelegraph, CoinDesk, Decrypt
This article is for information only and is not financial advice.
Tags: Berkshire Hathaway, Bitcoin, Crypto security, AI, ETFs, Blockchain
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