News
Editorial-quality coverage of global financial markets, policy, and macro trends.
- Crypto
Weekly Summary: Bitcoin Volatility and Clarification of Cryptocurrency Status in Russia
Bitcoin experienced significant volatility this week, while Russia classified cryptocurrencies as theft objects, and the EU regulator reminded firms about MiCA regulations.
Mercation Admin4 min - Crypto
Axelar Reports $4.67 Million Bridge Hack with Secret Network
Axelar disclosed a hack involving its bridge with Secret Network, resulting in a loss of $4.67 million due to an infinite mint vulnerability.
Mercation Admin1 min - Crypto
$7.5 Million Stolen from Ethereum's Major 'Sandwich' Bot in Unique Hack
An attacker exploited Ethereum's jaredfromsubway.eth bot, draining over $7.5 million by tricking it into approving false trading routes, according to Blockaid.
Mercation Admin4 min - Crypto
MEV Bot Jaredfromsubway.eth Loses Over $7.5 Million
The MEV bot Jaredfromsubway.eth has lost over $7.5 million due to a hacking incident involving deceptive smart contracts.
Mercation Admin1 min - Crypto
Bitcoin Stabilizes Near $64,000 Amid US-Iran Ceasefire Talks and Hormuz Tensions
Bitcoin is maintaining its position near $64,000 as US-Iran ceasefire discussions begin, amidst renewed threats from Iran regarding the Strait of Hormuz.
Mercation Admin3 min - Crypto
Bitcoin Network Activity Sees Increase Despite Price Drop: CryptoQuant
Bitcoin's network activity is increasing, reaching levels not seen since 2024, even as its price remains nearly 50% below its peak.
Mercation Admin2 min - Stocks
The Decline of STRC: A Look at Strategy's Preferred Stock Troubles
STRC, Strategy's preferred stock, has seen a significant decline, dropping below its $100 par value due to various market factors and management decisions.
Mercation Admin6 min - Crypto
HIVE's BUZZ HPC Signs $220 Million GPU Contract
HIVE's subsidiary BUZZ HPC has secured a $220 million GPU contract with Bell Canada, aiming to boost annual revenue significantly by 2027.
Mercation Admin1 min - Crypto
Sonic Promises to Restore Investor Trust After Management Shake-Up
Sonic Labs has announced major leadership changes as it seeks to restore investor trust after a significant drop in its S token.
Mercation Admin2 min - Crypto
GoMining Launches GoBTC Pay Payment Service on Bitcoin Network
GoMining has launched GoBTC Pay, a platform for businesses to accept Bitcoin payments with automatic conversion to fiat or crypto, enhancing Bitcoin's usability.
Mercation Admin1 min - News
SBF and Tether Disrupt the System: A $100 Million Prison Startup and EU Rebellion
This week, we explore Sam Bankman-Fried's post-prison ambitions, Tether's regulatory strategies, and the implications of a digital dollar ban in the U.S.
Mercation Admin3 min - News
Cybersecurity Weekly: USB Worm Targets Crypto Owners, Apple Fixes Vulnerability in Beats Studio Buds
This week's cybersecurity highlights include a USB worm targeting crypto owners, a new Android trojan, and law enforcement actions against crypto scams.
Mercation Admin6 min