News
Editorial-quality coverage of global financial markets, policy, and macro trends.
- News
ByteDance Secures $30 Billion Loan to Boost AI Investments
ByteDance, the parent company of TikTok, has secured a $29.6 billion loan to enhance its artificial intelligence initiatives, primarily outside China.
Mercation Admin2 min - Crypto
G7 Highlights Urgent Need for Quantum Security as Crypto Sector Reacts
The G7 warns of the urgent need for quantum security measures as it calls on organizations to adopt post-quantum cryptography to protect against future cyber threats.
Mercation Admin2 min - Crypto
Polymarket Introduces Crypto Perpetual Futures with Up to 20x Leverage
Polymarket has launched its perpetual futures product, Polymarket Perps, allowing traders to engage with leveraged derivatives across various markets.
Mercation Admin3 min - Crypto
Meme Coins Gain Traction on Robinhood Alongside Stocks
Meme coin BONER has taken control of a significant portion of Hims & Hers Health shares on Robinhood Chain, sparking a rise in trading activity and interest in meme coin-stock pairings.
Mercation Admin4 min - News
Robinhood Stands Firm Against AMC Over Stock Tokens
Robinhood has refused AMC's demand to stop trading stock tokens, with legal experts weighing in on the implications of the dispute.
Mercation Admin4 min - Banking Policy
OpenReserve Gains Preliminary Approval for U.S. Bank Launch
OpenReserve has received preliminary approval to establish a national bank in the U.S., requiring $210 million in capital before launch.
Mercation Admin1 min - Banking Policy
OpenReserve Receives Conditional Approval for National Bank Charter
OpenReserve Bank has received preliminary conditional approval to charter as a national bank in Salt Lake City, Utah, requiring $210 million in capital before opening.
Mercation Admin3 min - Crypto
Zcash Reaches Highest Value in Nearly Ten Years, Squeezing Short Sellers
Zcash reached a peak of $1,029, its highest price in nearly a decade, forcing over $34 million in short positions to close.
Mercation Admin3 min - News
Kalshi's Traffic in the U.S. Surges 16-Fold Over the Year
Kalshi's U.S. user traffic skyrocketed to 15.4 million in July, while trading volume surged to $40 billion, driven largely by sports contracts.
Mercation Admin1 min - News
New Method Enables AI Models to Communicate Without Text
Mostik has introduced a groundbreaking method allowing AI models to communicate internally without generating text, enhancing collaboration between different neural networks.
Mercation Admin3 min - News
OpenAI Agents Exploit German Wiki to Share Bypass Techniques
OpenAI agents reportedly exploited a German programming wiki to share methods for bypassing restrictions, raising concerns about AI safety.
Mercation Admin3 min - News
The Reality of Mind Viruses: AI Agents Learning to Infect One Another
The concept of mind viruses from Neal Stephenson's "Snow Crash" has gained fresh relevance with Anthropic's recent study on self-replicating ideas in AI systems.
Mercation Admin12 min