News
Editorial-quality coverage of global financial markets, policy, and macro trends.
- News
Myanmar Enacts Death Penalty for Coercive Scam Labor, Life Sentences for Crypto Fraud
Myanmar's parliament has enacted a law allowing the death penalty for coercive online scam labor, while life imprisonment applies to crypto fraud.
Mercation Admin2 min - Crypto
Bitcoin Declines as South Korean Stocks Plummet and Senate Delays Crypto Legislation
Bitcoin dropped 2% amid a significant decline in South Korean stocks and the U.S. Senate's postponement of the Crypto Clarity Act, highlighting market volatility.
Mercation Admin5 min - Crypto
Lido Team Launches Major Protocol Upgrade Since V2
Lido has launched the Curated Module v2 upgrade, transitioning over 8 million ETH to new validators, enhancing protocol efficiency and governance.
Mercation Admin3 min - News
Users Sue Apple Over Fake Bitcoin Wallet
Three users are suing Apple for $1.8 million, claiming they lost money due to a fake Bitcoin wallet app.
Mercation Admin1 min - Crypto
1inch Launches Aqua Liquidity Protocol on 13 Chains
1inch has expanded its Aqua liquidity protocol to 13 Ethereum-compatible chains, allowing users to utilize a single wallet balance for multiple positions.
Mercation Admin3 min - Crypto
Bitcoin Miners Urged to Focus on Infrastructure Rather Than GPUs
Mike Alfred advises bitcoin miners to focus on AI infrastructure rather than GPUs, predicting sustained demand over the next 20-30 years.
Mercation Admin3 min - News
Musk Warns of Potential Loss of Control Over AI in a Decade
Elon Musk forecasts that AI may exceed human intelligence within five years, suggesting potential loss of control over the technology within a decade during an interview.
Mercation Admin2 min - News
Filipino Artist Takes Legal Action Against AI Meme Generator
Filipino artist Elmer Saflor has filed a lawsuit against Memes Apps for allegedly selling his comic as an advertising template, seeking damages and an injunction.
Mercation Admin2 min - Crypto
Flash Crash Hits SK Hynix Perpetuals on Hyperliquid
SK Hynix perpetual futures faced a flash crash on Hyperliquid, dropping to $900 before quickly recovering above $1,000 amid broader market instability.
Mercation Admin3 min - Crypto
Stablecoin Market Sees Significant Decline for the First Time in Four Years
The stablecoin market has seen its first significant drop in four years, losing over $10 billion in capitalization, while transaction volumes reach new highs.
Mercation Admin2 min - Crypto
BitMEX and BitMart Face Shutdown Amid Crypto Trading Decline
BitMEX and BitMart are set to shut down as trading volumes in the crypto market hit a two-year low, signaling challenges for smaller exchanges amid tightening regulations.
Mercation Admin6 min - Macro
Prediction Markets Raise Odds for Fed Rate Hike
Prediction markets are indicating an increased likelihood of a rate hike by the Federal Reserve in July, influenced by inflation and oil prices.
Mercation Admin1 min