News
Editorial-quality coverage of global financial markets, policy, and macro trends.
- Crypto
Bitcoin Wallet from 2013 Transfers $31 Million Amid Security Concerns
A bitcoin wallet inactive since 2013 has moved $31 million amid a surge of dormant coin transactions following a recent security breach involving Coldcard wallets.
Mercation Admin4 min - Crypto
Understanding Air-Gapped Bitcoin Wallets: Implications of the Coldcard Incident
Air-gapped wallets provide heightened security for cryptocurrency but are not foolproof, as illustrated by the Coldcard exploit resulting in over $114 million in losses.
Mercation Admin5 min - Crypto
XRP Holders Can Access Ripple's RLUSD on Ethereum Without Selling
XRP holders can now borrow Ripple's RLUSD stablecoin on Ethereum using Flare's FXRP as collateral, enhancing liquidity without selling their assets.
Mercation Admin2 min - Crypto
Crypto Privacy Solutions Offer Vital Safeguards, Says Report
A new report highlights the crucial protective roles of crypto privacy tools, asserting that compliance and privacy can coexist without conflict.
Mercation Admin3 min - Crypto
Individual Bitcoin Miner Strikes It Rich with $200K Reward
A solo Bitcoin miner has successfully mined block 960,804, earning a reward of approximately $200,000, marking the 317th solo block found through CKPool.
Mercation Admin2 min - Crypto
American Bitcoin Surpasses 8,000 BTC Following Record Mining Quarter
American Bitcoin has increased its reserves to over 8,000 BTC after mining a record 932 Bitcoin in Q2, despite facing a challenging market environment.
Mercation Admin3 min - Crypto
Coldcard Wallet Hack Does Not Trigger Mass Bitcoin Transfers to Exchanges
The Coldcard wallet hack has led to increased Bitcoin activity, but not significant transfers to exchanges, as holders move coins to new addresses.
Mercation Admin2 min - Crypto
Bitmine Expands Ethereum Holdings and Stock Buyback Efforts
Bitmine has acquired an additional 10,399 ETH, bringing its total holdings to 5.8 million, while also repurchasing 4.5 million shares under a $4 billion buyback program.
Mercation Admin3 min - Crypto
Eric Trump's Mining Company Reports $57 Million Loss
American Bitcoin, co-founded by Eric Trump, reported a $57.2 million loss in Q2, primarily due to a drop in Bitcoin prices, despite an increase in revenue.
Mercation Admin1 min - Crypto
U.S.-Japan Forex Intervention Sparks Yen Carry Trade Concerns for Bitcoin
The U.S. and Japan's coordinated forex intervention has sparked concerns about its impact on Bitcoin, with analysts suggesting U.S. dollar strength is a more significant risk.
Mercation Admin3 min - Crypto
BitGo CEO Challenges AI to Steal 100 BTC
BitGo's CEO has put 100 BTC on a public address, inviting AI models to attempt to withdraw it, reacting to an Anthropic report on security lapses.
Mercation Admin1 min - Crypto
Circle Internet Shares Drop Following Morgan Stanley Downgrade
Circle Internet's stock falls after a downgrade by Morgan Stanley, which cut its price target and expressed concerns about USDC's growth and rising competition.
Mercation Admin3 min