News
Editorial-quality coverage of global financial markets, policy, and macro trends.
- News
NFT Founder Accused of Misusing $10 Million on Gambling and Personal Expenses
Taj Tarsha, founder of NFT marketplace Few and Far, faces charges for allegedly misusing over $10 million raised from investors for gambling and personal expenses.
Mercation Admin2 min - News
ChatGPT Emerges as Dominant AI Tool in U.S. Congress
ChatGPT has dominated U.S. House AI spending, accounting for 88% of expenditures, with significant partisan differences in usage.
Mercation Admin2 min - Crypto
Bitcoin Remains Steady at $64,000 Amid Stock Market Records and Hormuz Deal Talks
Bitcoin remains stable at $64,000 as global stock markets reach new highs, while Ether is the only major cryptocurrency to decline this week.
Mercation Admin4 min - News
Jim Cramer Divests from Bitcoin Amid Quantum Computing Concerns
Jim Cramer announces he's selling his Bitcoin due to quantum computing risks, sparking excitement among Bitcoin investors who often trade against his advice.
Mercation Admin4 min - News
BlackRock Launches Tokenized Share Classes for Six European Funds
BlackRock has launched tokenized share classes for six European money market funds, offering a digital format for high-quality investment instruments.
Mercation Admin1 min - News
Apple Limits Bug Reports Amid AI Submission Surge
Apple has limited the number of bug reports researchers can submit due to a rise in AI-generated entries, losing out on a significant exploit in the process.
Mercation Admin3 min - News
BlackRock Tokenizes $311 Billion in European Money Market Funds with JP Morgan's Kinexys
BlackRock has launched tokenized share classes for European money market funds totaling $311 billion, marking its first on-chain access in Europe.
Mercation Admin2 min - Crypto
Bitcoin Steady at $63,600 Amid US-Japan Yen Intervention
Bitcoin holds steady at $63,600 as the US and Japan intervene to support the yen, raising concerns over leveraged trades in global markets.
Mercation Admin1 min - News
UCLA Researchers Use OnlyFans for Funding While Meme Coins Surge
UCLA researchers have turned to OnlyFans for funding their marmot study, leading to the rise of meme coins inspired by their initiative.
Mercation Admin2 min - News
Ex-FBI Agent Accused of Embezzling Nearly $1 Million in Cryptocurrency
A former FBI agent has been charged with stealing nearly $1 million in cryptocurrency and sought investment advice from ChatGPT.
Mercation Admin2 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
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