News
Editorial-quality coverage of global financial markets, policy, and macro trends.
- Crypto
BlackRock Reports $1.26 Billion Sale of IBIT
BlackRock's spot Bitcoin ETF, IBIT, saw a major investor exit with a $1.26 billion sale, resulting in a discount and estimated losses.
Mercation Admin1 min - Crypto
White Hat Hacker Unlocks $2 Million in 2016 Smart Contract
A white hat hacker named Florent has unlocked $2 million in Ethereum that was trapped in a 2016 smart contract, allowing 48 investors to reclaim their funds.
Mercation Admin1 min - Crypto
Sui Developers Explain Causes of Three Network Halts
The Sui Foundation reported on three mainnet halts caused by software vulnerabilities, ensuring user funds were safe and the network is now functioning normally.
Mercation Admin1 min - Crypto
Security Researcher Releases $2 Million Held in 2016 Ethereum ICO Contract
A security researcher has successfully unlocked $2 million in ether that was trapped in a 2016 Ethereum ICO contract for nine years, benefiting 48 original investors.
Mercation Admin4 min - Crypto
XRP Falls to $1.32 as Sellers Dominate Exchange Outflows
XRP has fallen to $1.32, marking a 15-week low as sellers dominate despite signs of tokens leaving exchanges. Traders watch critical support and resistance levels.
Mercation Admin3 min - Crypto
Sui Mainnet Faces Three Halts in 48 Hours Due to Upgrade Bug
The Sui mainnet experienced three halts within 48 hours due to a bug related to a new feature in its v1.72 update, impacting the network's gas-charging logic.
Mercation Admin5 min - Crypto
Bitcoin Faces Pressure as Spot ETF Outflows Reach Record Levels Amid AI-Driven Wall Street Gains
Bitcoin has experienced a record outflow of $2.97 billion from spot ETFs, marking the longest streak in history, while global equities thrive on AI advancements.
Mercation Admin4 min - Crypto
Aave Revises Asset-Listing Criteria Following $230 Million rsETH Exploit
Aave is revamping its asset-listing standards following a significant exploit that revealed vulnerabilities in bridge technology, prompting a comprehensive risk assessment overhaul.
Mercation Admin4 min - Crypto
Coinbase Targets India's $3 Billion Crypto Market with INR Launch
Coinbase is set to enhance its services in India by launching direct deposit and withdrawal options for Indian rupees (INR) starting June 1, 2026.
Mercation Admin4 min - Crypto
Large $1.26 Billion BlackRock IBIT Sale Likely Signals Quick Exit by Major Investor
A $1.26 billion sale of BlackRock’s IBIT likely represents a large investor's quick exit rather than a standard trading strategy unwind, according to NYDIG.
Mercation Admin4 min - Crypto
Stellar Joins DTCC's Initiative for On-Chain Tokenization of Wall Street Securities
Stellar has been selected by DTCC as the inaugural public blockchain for its tokenized securities settlement platform, marking a significant advancement in their long-standing partnership.
Mercation Admin4 min - Crypto
Trump's Immigration Executive Order May Impact Stablecoin Market
Trump's recent executive order may push undocumented immigrants away from traditional banking and into the crypto market, raising concerns about potential consequences.
Mercation Admin5 min