News
Editorial-quality coverage of global financial markets, policy, and macro trends.
- Crypto
Bitmine Approaches 5% Control of Ethereum Supply with $11.8 Billion Assets
Bitmine Immersion Technologies has increased its Ethereum holdings to 5.79 million ETH, nearing its goal of controlling 5% of the total supply, with assets totaling $11.8 billion.
Mercation Admin2 min - News
Circle Acquires IBM's Blockchain Patent Portfolio, Becomes the Largest Holder in the U.S.
Circle has acquired IBM's blockchain patent portfolio, making it the largest holder in the U.S. and planning to utilize these patents across its financial products.
Mercation Admin3 min - News
Axis Robotics Secures $12 Million in Funding
Axis Robotics has raised $12 million in a seed funding round led by Hack VC to improve its robot training data platform.
Mercation Admin1 min - News
Thailand's SEC Files Criminal Complaint Against Bitkub Over 2021 Hack
The SEC of Thailand has filed a criminal complaint against Bitkub and two former executives regarding a cyberattack in 2021, alleging misreporting of asset safety.
Mercation Admin1 min - News
Fanatics Acquires Regulated Exchange to Expand Prediction Markets
Fanatics is set to acquire a regulated exchange from BGC Group, enabling it to launch its own prediction markets, enhancing its competitive edge in the sector.
Mercation Admin3 min - News
Cantor Advises Crypto Bank AMINA on Potential Public Listing
Swiss crypto bank AMINA is collaborating with Cantor to explore a public listing, favoring a reverse takeover as it seeks strategic growth capital amid ongoing discussions.
Mercation Admin4 min - News
Shift in Crypto Companies Towards AI Amid Investor Disinterest
Recent shifts among crypto firms towards AI have not rekindled investor interest, with many companies facing significant stock declines.
Mercation Admin2 min - Crypto
Lido Initiates Transfer of $16.5 Billion in Staked Ether to Reduce Validator Count
Lido initiates a major upgrade, moving $16.5 billion in staked ether to streamline operations and reduce the validator count by one-third.
Mercation Admin4 min - News
Thailand's SEC Accuses Bitkub of Hiding Details of $50 Million Cyberattack
Thailand's SEC has accused Bitkub of not disclosing a May 2021 cyberattack that resulted in a $50 million theft, involving two former directors.
Mercation Admin3 min - Crypto
Nvidia Launches AI Security Coalition with 36 Other Firms
Nvidia and 36 tech firms have established the Open Secure AI Alliance to create open-source AI security tools, excluding major players like OpenAI and Google.
Mercation Admin4 min - News
Strategy Boosts Cash Reserves by $525M, Foregoes Bitcoin Purchase for Fifth Week
Strategy has enhanced its cash reserves by $525 million, reaching $3.75 billion, while skipping Bitcoin purchases for the fifth week in a row.
Mercation Admin2 min - News
Securitize Enhances Wall Street Presence with SEC Adviser License Amid Tokenization Growth
Securitize has registered as an investment adviser with the SEC, expanding its offerings and enabling collaboration with asset managers on tokenization strategies.
Mercation Admin3 min