News
Editorial-quality coverage of global financial markets, policy, and macro trends.
- Crypto
BitMEX to Cease Operations by September 23, 2026
BitMEX, the pioneering crypto derivatives exchange, will cease operations on September 23, 2026, urging users to withdraw funds and close positions immediately.
Mercation Admin4 min - Crypto
Protocols Linked to Bitcoin and Ethereum Lose $35 Million in Series of Attacks
In a rapid 6-hour sequence, multiple cross-chain protocols, including Verus and B² Network, lost over $35 million due to exploited vulnerabilities, underscoring persistent security weaknesses.
Mercation Admin5 min - Crypto
XRP Whales Increase Holdings as Smaller Investors Liquidate
XRP whales have increased their holdings by 2.8% in five weeks, while smaller investors have liquidated, pushing the price above $1.16. This divergence signals bullish trends for the cryptocurrency.
Mercation Admin3 min - Crypto
Balance stablecoin plunges 99% following $1 million exploit
Balance Coin, an algorithmic stablecoin, suffered a catastrophic drop of over 99% due to a security exploit that allowed an attacker to manipulate its pricing system.
Mercation Admin3 min - Crypto
Telegram Launches Non-Custodial Gram Wallet
Telegram's Pavel Durov announces a non-custodial Gram wallet for over a billion users, promising zero-fee transactions this summer.
Mercation Admin1 min - Crypto
Pavel Durov Plans Crypto Wallet for Telegram's Billion Users
Pavel Durov announced that Telegram will launch a non-custodial crypto wallet this summer, enabling zero-fee transactions for over a billion users.
Mercation Admin4 min - News
Augustus Secures $180 Million to Develop a Global Dollar Bank for Stablecoins
Augustus has raised $180 million to establish a Global Dollar Bank focused on stablecoin transactions, emphasizing its role in modern finance.
Mercation Admin2 min - Crypto
Augustus Secures $180 Million to Develop a Clearing Bank for the AI and Stablecoin Era
Augustus has successfully raised $180 million to enhance its infrastructure for dollar payments, aiming to create a clearing bank for stablecoin transactions.
Mercation Admin4 min - News
MoneyGram's Anthony Soohoo Discusses Blockchain's Role in Payments
MoneyGram's CEO Anthony Soohoo emphasizes the importance of keeping blockchain technology behind the scenes to enhance the efficiency of cross-border payments.
Mercation Admin5 min - Crypto
Exodus to Reduce Workforce by 25% Amid Payments Strategy Shift
Exodus Movement plans to reduce its global workforce by 25% as part of a strategy to focus on stablecoin payments and card infrastructure.
Mercation Admin3 min - Crypto
Fiat Meets Crypto: Why Corporations Are Creating Their Own Stablecoins
Around 90% of major financial institutions are launching their own stablecoins, driven by the GENIUS Act and the evolving market landscape.
Mercation Admin10 min - Crypto
Bank of Korea to Launch Live CBDC Transactions with Nine Banks in September
The Bank of Korea is set to launch live transactions for its CBDC in September, involving nine major banks and paving the way for a digital won.
Mercation Admin4 min