The fast-paced program is the quintessential market close show leading up to the final minutes and seconds before the closing bell on Wall Street with the latest news, data and expert analysis.
Insight and analysis of top stories from our award winning magazine “Bloomberg Businessweek”.
Space missions usually take years to prepare. Now the European Space Agency is designing one that can spring into action when an interstellar object appears, allowing a close-up look before it passes us by.
Fed to Plow Ahead on Half-Point Hikes, Undeterred by Stock Slump
Real Madrid Gets $380 Million Investment From Sixth Street Partners
Apple Shows AR/VR Headset to Board in Sign of Progress on Key Project 
Saudi Food Delivery Firm Jahez Seeks to Acquire Rival Chefz
Deutsche Bank Among Lenders Probed by US Over WhatsApp Use
What Is the ‘Quad’ and Should China Fear It?
US House Floats Draft Bill to ‘De-Colonize’ Puerto Rico
Griffin’s Citadel Nears Tipping Point on Chicago Exit
Archegos’s Hwang and Halligan Appear as Fraud Trial Is Planned
Mets Ace Scherzer Likely Out 6 to 8 Weeks for Oblique Strain
$142 Million Mercedes-Benz Smashes Ferrari’s Classic Car Record
Is the SEC Unconstitutional?
There’s Good Reason for Tech Workers to Embrace the Office
Stock Selloff May Be Entering a New Phase
This Genius Inventor Is Taking on Dinosaurs, Global Warming and Pizza
Groping, Derision, Bias, Threats: Women in Science Face It All
A $60 Billion Crypto Collapse Reveals a New Kind of Bank Run
PayPal Pledges to Cover Employees’ Abortion Travel Costs
‘Toxic’ London Law Firm White & Case  Accused of Forcing Out Grieving Lawyer
How Cash Payments Changed Low-Income Americans’ Lives
Rich Nations Offer Debt Guarantees on South African Climate Deal
Rental Listings With Energy Scores Prompt Greener Choices
Counties Pledge to Break the Cycle Between Jail and Homelessness
Architects Draft a New Blueprint for a Labor Movement
A Photographer’s Mission to Write Asian Americans Back Into History
Crypto Betting Service Polymarket Taps Ex-CFTC Head as Chair After Agency Probe
Tether Cuts Commercial Paper, Boosts Treasuries Behind USDT
FTX US Offers Trading of Old-School Stocks as Crypto Backstop
An 18-year-old graduate student exploited a weakness in Indexed Finance’s code and opened a legal conundrum that’s still rocking the blockchain community. Then he disappeared.

On Oct. 14, in a house near Leeds, England, Laurence Day was sitting down to a dinner of fish and chips on his couch when his phone buzzed. The text was from a colleague who worked with him on Indexed Finance, a cryptocurrency platform that creates tokens representing baskets of other tokens—like an index fund, but on the blockchain. The colleague had sent over a screenshot showing a recent trade, followed by a question mark. “If you didn’t know what you were looking at, you might say, ‘Nice-looking trade,’ ” Day says. But he knew enough to be alarmed: A user had bought up certain tokens at drastically deflated values, which shouldn’t have been possible. Something was very wrong.
Day jumped up, spilling his food on the floor, and ran into his bedroom to call Dillon Kellar, a co-founder of Indexed. Kellar was sitting in his mom’s living room six time zones away near Austin, disassembling a DVD player so he could salvage one of its lasers. He picked up the phone to hear a breathless Day explaining that the platform had been attacked. “All I said was, ‘What?’ ” Kellar recalls.


Write A Comment