News
Editorial-quality coverage of global financial markets, policy, and macro trends.
- Crypto
Investors Shift Bitcoin to Exchanges After $89 Million Coldcard Hack
Following the $89 million Coldcard exploit, smaller bitcoin investors are moving their assets back to exchanges, a stark contrast to the behavior seen after the FTX collapse.
Mercation Admin4 min - News
Nexus Secures $15 Billion Loan for AI Data Center Construction
Morgan Stanley is negotiating a $15 billion loan for Nexus Data Centers to build an AI campus in Texas, supported by Google's credit rating for Anthropic.
Mercation Admin1 min - News
Gallup: Skepticism Towards AI in the U.S. Rises to 39%
A Gallup poll shows that skepticism towards AI in the U.S. has risen to 39%, with significant concerns about its impact on jobs and trust in businesses.
Mercation Admin1 min - Stocks
Strategy Maintains STRC Dividend at 12%
Strategy has decided to keep the STRC dividend at 12% for August, despite previous practices of raising it when trading below par.
Mercation Admin2 min - Crypto
Bitcoin Cold-Wallet Attack Affects 4,500 Addresses, Losses Reach $89 Million
A recent surge in bitcoin cold-wallet attacks has impacted 4,500 addresses, resulting in losses of nearly $89 million, as reported by Galaxy Research.
Mercation Admin3 min - Crypto
Tokenized Stock Trading Jumps 288% in July, Fueled by QQQB Token
In July, tokenized stock trading experienced a remarkable 288% surge, primarily driven by the QQQB token on Binance, which constituted a significant share of the volume.
Mercation Admin3 min - Crypto
CZ Cautions Bitcoin Holders Following $70 Million Coldcard Breach
Binance's CZ warns Bitcoin holders about vulnerabilities in hardware wallets after a $70 million loss linked to Coldcard devices, advising diversification of holdings.
Mercation Admin2 min - Crypto
Bank of Italy Study Reveals Stablecoins May Not Cut Remittance Costs
A study by the Bank of Italy reveals that stablecoins may not provide cheaper remittance options compared to traditional methods, due to various fees.
Mercation Admin5 min - Crypto
Bitcoin Mining Difficulty Decreases 14% from Peak Amid Revenue Declines
Bitcoin's mining difficulty has dropped 14% from its peak this year, reflecting tough economic conditions and shifts in mining operations.
Mercation Admin3 min - Crypto
SEC Halts Nasdaq Bitcoin Options Approval Following CME Challenge
The SEC has paused Nasdaq's bitcoin options approval, following a challenge from CME Group which argues that bitcoin options should be regulated by the CFTC.
Mercation Admin3 min - News
Kentucky Company Challenges Construction Ban on Data Center Near National Park
Kentucky Industrial Alliance is suing Cave City over a construction moratorium affecting their planned data center near Mammoth Cave National Park.
Mercation Admin1 min - News
Growing Skepticism Among Americans Regarding AI, Says Gallup
A new Gallup report shows that American confidence in AI has declined, with many now believing it causes more harm than good and threatens jobs.
Mercation Admin2 min