News
Editorial-quality coverage of global financial markets, policy, and macro trends.
- News
Celsius Founder Alex Mashinsky Seeks to Overturn 12-Year Fraud Sentence
Alex Mashinsky, founder of Celsius, has filed to overturn his 12-year prison sentence, citing ineffective legal counsel as a key reason for his appeal.
Mercation Admin2 min - Crypto
Dimon Intensifies Criticism of Stablecoin Rewards in CLARITY Act Discussion
JPMorgan's Jamie Dimon warns the CLARITY Act may fail without addressing banks' concerns on stablecoin rewards, escalating tensions with Coinbase.
Mercation Admin4 min - Crypto
Coinbase Becomes First U.S. Exchange to Offer Global Crypto Perpetual Futures
Coinbase has received approval from the CFTC to offer U.S. customers access to offshore crypto perpetual futures through its subsidiary Deribit.
Mercation Admin2 min - Stocks
Lenovo Shares Double in May Driven by AI Server Surge—Best Month in 27 Years
Lenovo's stock soared 109% in May, its best month since 1999, driven by record earnings and a surge in AI-related revenue.
Mercation Admin3 min - Crypto
US Constitution Inscribed on Bitcoin Blockchain
An anonymous user has inscribed the entire U.S. Constitution onto the Bitcoin blockchain, incurring a fee of about $83 for the transaction.
Mercation Admin2 min - News
ICE Engages with Hyperliquid to Explore Crypto Derivatives
ICE CEO Jeffrey Sprecher discusses the collaboration between ICE and Hyperliquid, exploring the implications of perpetual futures in traditional markets.
Mercation Admin3 min - News
Study Reveals AI Models Often Disagree on Factual Accuracy
A new study reveals that leading AI models often disagree on factual claims, with a 67% disagreement rate among 1,000 claims analyzed, raising concerns about their reliability in fact-checking.
Mercation Admin4 min - News
CFTC Advocates 24/7 Trading for Crypto, Cautions Other Sectors
The CFTC has indicated that while 24/7 trading is suitable for crypto firms, it may not be appropriate for other sectors, highlighting potential risks.
Mercation Admin4 min - Crypto
Wintermute Links Kalshi and Polymarket by Providing Liquidity
Wintermute is now providing liquidity to Polymarket and Kalshi, enhancing trading efficiency in the prediction market space.
Mercation Admin2 min - Crypto
CertiK CEO Warns of Risks Associated with AI Agent Deployment
CertiK's CEO warns that the rapid deployment of untested AI agents poses significant security risks, urging for isolation and a shift to Zero Trust architectures.
Mercation Admin5 min - Crypto
Brookings Fellow Warns Clarity Act Could Lead to Oversight Gaps
Aaron Klein warns that the Clarity Act might lead to ineffective regulation of the crypto market without sufficient oversight from the CFTC.
Mercation Admin3 min - Crypto
CFTC Grants Approval for Bitcoin Perpetual Futures on Kalshi
The CFTC has approved Kalshi to launch Bitcoin perpetual futures, a significant advancement for the derivatives market in the U.S.
Mercation Admin2 min