News
Editorial-quality coverage of global financial markets, policy, and macro trends.
- Crypto
allBTC Token on Osmosis Suffers 36% Collateral Loss Due to Nomic Attack
The allBTC token on Osmosis has lost 36% of its collateral due to a breach in the Nomic network, leading to significant financial implications.
Mercation Admin2 min - Crypto
Bundesbank Launches ZKsync Platform for Testing
The Bundesbank is the first to deploy the Prividium platform for testing, enhancing transaction verification while ensuring data privacy.
Mercation Admin1 min - Crypto
KGST Ranks Among Top 3 Tokens for New Binance Users in Kyrgyzstan
The KGST stablecoin has emerged as one of the top three tokens traded by new Binance users in Kyrgyzstan, as reported by Binance's regional head.
Mercation Admin2 min - Crypto
AI-Developed Drug Reduces Estimated Biological Age in Patients
A new AI-developed drug, rentosertib, has shown potential in reducing the biological age of patients with pulmonary fibrosis, according to a recent study.
Mercation Admin2 min - Crypto
Iran Eases Currency Controls for USDT and Bitcoin Transactions
Iran's Central Bank has relaxed currency controls, allowing the use of cryptocurrencies like USDT in international trade, amid increased pressure from U.S. sanctions.
Mercation Admin4 min - Crypto
Strive Acquires 1,375 BTC for $109 Million
Strive has made a significant investment by acquiring 1,375 BTC for $109 million, boosting its reserves substantially.
Mercation Admin1 min - Crypto
Bitcoin Stabilizes as Wall Street Reacts to Oil Price Surge
Bitcoin is trading at $78,524, down 0.72%, as Wall Street shows mixed results due to rising oil prices and a strong jobs report increasing Fed rate hike expectations.
Mercation Admin4 min - Crypto
Visa Leverages Onchain Lending for Stablecoin Card Financing
Visa is integrating blockchain lending with payment data to enhance financing options for stablecoin card programs, reporting significant growth in settlement volumes.
Mercation Admin2 min - Crypto
Strive Acquires $109 Million in Bitcoin, Moves Closer to $1 Billion in Preferred Stock
Strive has purchased $109 million worth of Bitcoin, bringing its total holdings to 24,531 BTC, and is nearing $1 billion in preferred stock value.
Mercation Admin4 min - Crypto
Cronos Reverses Nearly Two Hours of Transactions Following $111 Million DeFi Hack
Cronos has rolled back nearly two hours of transactions to recover $111.2 million linked to a DeFi exploit on the Tectonic network, impacting both legitimate and fraudulent transactions.
Mercation Admin3 min - Crypto
IonQ Reveals Quantum Computer Power Needed to Attack Bitcoin
IonQ has revealed that a quantum computer with around 20,000 qubits could break Bitcoin's secp256k1 cryptography in 26 days, while also announcing a $8.18 million contract for quantum data protection.
Mercation Admin2 min - Crypto
Bitmine Acquires $70 Million in Ethereum, Total Holdings Reach 5.93 Million ETH
Bitmine acquires 28,086 Ethereum tokens, increasing its holdings to 5.93 million ETH, valued at $70 million, as it approaches a 5% stake in the cryptocurrency.
Mercation Admin2 min