News
Editorial-quality coverage of global financial markets, policy, and macro trends.
- News
Alibaba Releases Qwen3.8-Max AI Model for Free, Rivals Claude and ChatGPT
Alibaba has launched its Qwen3.8-Max AI model for free, featuring 2.4 trillion parameters and competing closely with Claude and ChatGPT.
Mercation Admin3 min - Crypto
Samsung Aims to Lead in Stablecoin Distribution, Analysts Predict
Samsung is set to integrate stablecoin functionalities into 800 million Galaxy smartphones, positioning itself as a leading distributor in the crypto space.
Mercation Admin6 min - Crypto
Hashdex to Liquidate Bitcoin ETF Amid Asset Struggles
Hashdex is set to close its Bitcoin ETF, managing only $14.7 million, with trading ending on August 17 and cash distributions expected by August 28.
Mercation Admin2 min - Crypto
Warren and Blumenthal Request SEC Investigation into Trump's Memecoin
Senators Warren and Blumenthal have urged the SEC to investigate Donald Trump's memecoin amid concerns over investor losses and ethics in cryptocurrency.
Mercation Admin4 min - Crypto
Wells Fargo Enters Tokenization Race Alongside JPMorgan and Citi
Wells Fargo plans to launch tokenized deposits this fall for select corporate clients, enhancing payment efficiency and security.
Mercation Admin3 min - News
EON Secures $10.75 Million for Satellite Laser Network
Endeavor Optical Networks (EON) has raised $10.75 million to develop a satellite network using laser technology for data transmission between continents.
Mercation Admin1 min - News
Miners Intensify Competition for Energy Resources
Mining companies are intensifying their efforts to secure energy as demand for data centers rises, with Fortitude Mining acquiring a new facility in Nebraska.
Mercation Admin2 min - Crypto
Bitcoin's $63,000 Level Becomes Crucial for Buyers: Glassnode
Bitcoin's price around $63,000 has become a vital zone for buyers, with significant accumulation from both retail and large investors, according to Glassnode.
Mercation Admin2 min - Crypto
Polymarket Aims for $20 Billion Valuation Amidst Rising Competition
Polymarket is looking to raise funds at a $20 billion valuation, following a $15 billion funding round earlier this year.
Mercation Admin3 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 - Crypto
Intesa Sanpaolo Cuts IBIT Holding by 94% in Q2, Increases Ether ETF Position
Intesa Sanpaolo has significantly reduced its stake in the IBIT ETF while tripling its holdings in the iShares Staked Ethereum Trust ETF amid a downturn in crypto prices.
Mercation Admin3 min - Crypto
Dinari Launches Tokenized U.S. Stocks for American Investors Amid Rising Competition
Dinari is launching a platform for tokenized U.S. stocks for eligible investors, enhancing competition in the blockchain-based equity sector.
Mercation Admin3 min