News
Editorial-quality coverage of global financial markets, policy, and macro trends.
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Seoul Police Report $8.5M XRP Theft by Fake Flare Network Staking Site
Seoul police have reported that a fraudulent staking site drained $8.5 million in XRP from investors, leading to charges against two men for aggravated fraud.
Mercation Admin2 min - News
Robinhood Reports Record Revenue of $1.3 Billion in Q2 2026
Robinhood achieved record revenue of $1.31 billion in Q2 2026, with net profits up 48% to $573 million, despite a drop in digital asset transfer revenue.
Mercation Admin1 min - Crypto
Bitcoin Stays Close to $64,000 as Microsoft’s AI Success Boosts Markets
Bitcoin remained around $63,900 as U.S. stock futures rose, driven by Microsoft's positive AI earnings, signaling effective investment returns.
Mercation Admin1 min - Crypto
The Impact of Perpetual Futures on Bitcoin and Ether Markets
Perpetual futures are shaping the landscape of bitcoin and ether markets, as evidenced by their recent influence on a major IPO.
Mercation Admin1 min - News
US Congressman Proposes Funding Cuts for Surveillance Camera Use
Congressman Thomas Massie is pushing for federal funding cuts to municipalities using Flock surveillance cameras, citing privacy concerns.
Mercation Admin2 min - News
ByteDance Expands AI Infrastructure in China
ByteDance is rapidly advancing its AI initiatives in China, focusing on chatbots, video generation, and cloud infrastructure, while facing challenges in computational power access.
Mercation Admin2 min - Crypto
SEAL 911 Co-Founder Joins Ethereum Foundation Board
Pascal Caversaccio, co-founder of SEAL 911, has been appointed to the board of the Ethereum Foundation, enhancing its focus on privacy and security.
Mercation Admin1 min - News
Australian Regulator Files Lawsuit Against Telegram Over Extremist Content
Australia's eSafety regulator files a lawsuit against Telegram for not removing extremist content, with potential fines reaching $38 million.
Mercation Admin2 min - Crypto
ARK Invest Highlights Major Consolidation in the Crypto Market
ARK Invest reports that the crypto market is undergoing a significant consolidation phase, with revenue increasingly concentrated among a few protocols.
Mercation Admin1 min - News
U.S. Imposes Sanctions on Iranian Maritime Firms for Bitcoin Use
The U.S. has sanctioned two Iranian maritime companies for using Bitcoin to evade sanctions and support the Islamic Revolutionary Guard Corps.
Mercation Admin1 min - Crypto
$286 Million Liquidated in Crypto Derivatives as Bitcoin and Ether Fluctuate
A recent surge in price volatility surrounding the Federal Reserve's rate decision led to nearly $286 million in liquidations across Bitcoin and Ether positions.
Mercation Admin4 min - Crypto
Bitcoin Analysts Diverge on Future Outlook Following Fed's Hawkish Hold
Bitcoin analysts are split on the implications of the Fed's hawkish hold, with some seeing immediate challenges while others anticipate future tests.
Mercation Admin6 min