News
Editorial-quality coverage of global financial markets, policy, and macro trends.
- Crypto
Addresses Linked to BitMine Acquire 60,000 ETH
Addresses linked to BitMine have acquired 60,000 ETH worth around $125.9 million, according to Lookonchain analysts.
Sarah Chen1 min - Crypto
Everyday Traders Shift Focus as Crypto Matures
As institutional investors take a larger role in crypto, retail traders are losing interest, leading them to shift their focus toward traditional assets.
Mercation Admin4 min - Crypto
OKX Launches Regulated Oil Perpetual Futures to Compete with Hyperliquid
OKX is launching regulated oil perpetual futures for non-U.S. traders, enhancing competition with Hyperliquid amid ongoing investigations into suspicious oil trading.
Mercation Admin2 min - Crypto
HTX's Monthly Futures Volume Approaches $100 Billion
HTX's April report reveals a surge in futures trading volume nearing $100 billion and significant growth in stablecoin reserves and new token listings.
James Park2 min - Crypto
NEAR Protocol Rises 19.4% as CoinDesk 20 Index Remains Steady
NEAR Protocol has experienced a significant rise of 19.4%, while the CoinDesk 20 Index remains unchanged. Internet Computer (ICP) also saw a gain of 4.3%.
Sarah Chen2 min - Crypto
Polymarket Confirms Private Key Compromise
Polymarket has confirmed a private key compromise affecting its UMA CTF Adapter contract, leading to significant fund withdrawals.
Aisha Patel1 min - Crypto
Ethereum Foundation Proposes New $1 Billion Organization
Dankrad Feist proposes a new $1 billion organization to support Ethereum, citing EF's dwindling influence and recent leadership departures.
Marcus Reid2 min - Crypto
NEAR Protocol Soars 28% Amid Privacy, AI, and Scaling Developments
NEAR Protocol's token surged 28% in 24 hours and nearly 45% over the week, driven by privacy, AI, and scalability upgrades.
Mercation Admin3 min - Crypto
XRP Funds See Inflows Amid Bitcoin and Ethereum Outflows
XRP investment products attracted $42 million last week, while Bitcoin and Ethereum funds experienced significant outflows.
Elena Volkov1 min - Crypto
Ethereum Developer Suggests $1 Billion Organization to Revitalize ETH
Dankrad Feist, a former Ethereum researcher, has proposed a $1 billion organization to succeed the Ethereum Foundation, aiming to enhance ETH's value.
Mercation Admin3 min - News
Fantasy Top, the Ethereum-Based Crypto Influencer Game, to Shut Down
Fantasy Top, a unique blend of fantasy sports and NFT trading cards featuring crypto influencers, will shut down at the end of June after two years of operation.
Mercation Admin2 min - News
US Government Allocates $2 Billion to Quantum Computing Amid Bitcoin Threat
The U.S. government is investing over $2 billion in quantum computing to address potential threats to encryption, particularly concerning Bitcoin and Ethereum.
Mercation Admin3 min