News
Editorial-quality coverage of global financial markets, policy, and macro trends.
- Crypto
AFX Trade on Arbitrum Loses $24 Million Due to Compromised Bridge Keys
AFX Trade, a decentralized exchange on Arbitrum, lost over $24 million after a hacker compromised validator signing keys, while its native bridge remained secure.
Mercation Admin4 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
Payward and GTN Expand xStocks to Global Markets Beyond the U.S.
Payward and GTN are set to expand xStocks, allowing access to international equities beyond the U.S., including markets in Hong Kong, Europe, and South Korea.
Mercation Admin2 min - Crypto
Franklin Templeton Identifies Agentic AI as the Key Use Case for Crypto
Franklin Templeton highlights agentic AI as a transformative force for cryptocurrency, emphasizing its reliance on blockchain technology for efficient transactions.
Mercation Admin3 min - Crypto
SEC Commissioner Peirce Highlights Regulatory Concerns for DeFi Vaults
SEC Commissioner Hester Peirce has raised concerns that certain DeFi vaults and onchain lending strategies could be classified under federal securities laws.
Mercation Admin4 min - Crypto
The Future of AI Investment: Crypto and Blockchain Take Center Stage
Sandy Kaul from Franklin Templeton and Jeremy Allaire of Circle propose that blockchain technology will be key for the next major AI investment as autonomous AI agents begin financial transactions.
Mercation Admin5 min - Crypto
Robinhood Chain Rises to Top DEX: What's Behind the Hype
Robinhood Chain has rapidly ascended to the top of decentralized exchanges, driven by meme coins and speculative trading, but questions remain about its sustainability and true value.
Mercation Admin11 min - Crypto
Midnight Token Surges 19% After Wanchain Bridge Incident, Hoskinson Advocates for ZK Overhaul
The Midnight token has bounced back 19% following a significant hack, prompting Charles Hoskinson to call for a rethinking of crypto security measures.
Mercation Admin3 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 - Crypto
Base Prepares to Expand Financial Product Line with Tokenized Stocks
Base is set to launch 1:1 backed tokenized stocks, as announced by creator Jesse Pollak, marking a shift towards trading and payments.
Mercation Admin1 min - Crypto
Cardano Implements Hard Fork with Community-Approved Upgrade
Cardano's Van Rossem upgrade, the first community-driven hard fork, has been implemented without Input Output's direct involvement, enhancing scalability and reducing costs.
Mercation Admin4 min - Crypto
Allbridge Suspends Cross-Chain Protocol Following $1.65 Million Attack
Allbridge has suspended its Core protocol after a flash loan attack resulted in the theft of $1.65 million from its Solana liquidity pools.
Mercation Admin3 min