News
Editorial-quality coverage of global financial markets, policy, and macro trends.
- Crypto
Grayscale: Hyperliquid is on Track to Become a Major Financial Player
Grayscale reports that Hyperliquid, a decentralized trading platform, is rapidly evolving into a broader financial services infrastructure, aiming to challenge traditional markets.
Mercation Admin4 min - Crypto
Ripple reportedly spearheading $1 billion XRP treasury initiative
Ripple Labs is reportedly leading an initiative to raise at least $1 billion for a new public-market vehicle focused on accumulating XRP, testing institutional demand in a cooling market.
Mercation Admin3 min - News
Celsius Founder Seeks to Overturn 12-Year Fraud Sentence
Celsius founder Alex Mashinsky is seeking to overturn his 12-year fraud sentence, citing ineffective counsel and linking losses to Sam Bankman-Fried's actions.
Mercation Admin1 min - News
FBI Uncovers Scam Networks and Seizes $8 Billion in Bitcoin
The FBI has seized over $8 billion in Bitcoin as part of Operation Blackout, targeting international scam networks, with significant ties to Cambodia.
Mercation Admin2 min - News
JPMorgan CEO Criticizes CLARITY Act Over Stablecoin Yields
JPMorgan's Jamie Dimon criticized the CLARITY Act, claiming it lacks adequate consumer protections for stablecoin yields, amid rising tensions between banks and crypto firms.
Mercation Admin1 min - News
Arrests of Advanced Scammers in Odessa, Hidden GPU Miner, and Other Cybersecurity Events
This week in cybersecurity: new scams targeting crypto companies, hidden GPU miners, and a major data breach at Carnival Corporation affecting 6 million customers.
Mercation Admin6 min - News
JP Morgan's Jamie Dimon Criticizes Coinbase's CEO Over Clarity Act
JP Morgan's Jamie Dimon criticized Coinbase's Brian Armstrong over the Clarity Act, claiming Armstrong is the sole advocate spending heavily on it.
Mercation Admin3 min - News
Celsius Founder Alex Mashinsky Seeks to Overturn 12-Year Fraud Sentence
Alex Mashinsky, founder of Celsius, has filed to overturn his 12-year prison sentence, citing ineffective legal counsel as a key reason for his appeal.
Mercation Admin2 min - Crypto
Dimon Intensifies Criticism of Stablecoin Rewards in CLARITY Act Discussion
JPMorgan's Jamie Dimon warns the CLARITY Act may fail without addressing banks' concerns on stablecoin rewards, escalating tensions with Coinbase.
Mercation Admin4 min - News
CFTC Advocates 24/7 Trading for Crypto, Cautions Other Sectors
The CFTC has indicated that while 24/7 trading is suitable for crypto firms, it may not be appropriate for other sectors, highlighting potential risks.
Mercation Admin4 min - Crypto
Wintermute Links Kalshi and Polymarket by Providing Liquidity
Wintermute is now providing liquidity to Polymarket and Kalshi, enhancing trading efficiency in the prediction market space.
Mercation Admin2 min - Crypto
Brookings Fellow Warns Clarity Act Could Lead to Oversight Gaps
Aaron Klein warns that the Clarity Act might lead to ineffective regulation of the crypto market without sufficient oversight from the CFTC.
Mercation Admin3 min