News
Editorial-quality coverage of global financial markets, policy, and macro trends.
- 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 - Crypto
Bitmine Expands Ether Holdings as Tom Lee Highlights Positive Market Trends
Bitmine has acquired nearly 10,000 ETH, increasing its holdings as Tom Lee indicates a bullish trend in the crypto market due to ether's strong performance against bitcoin.
Mercation Admin4 min - Crypto
Circle Acquires Nearly 1,000 Blockchain Patents from IBM
Circle has acquired nearly 1,000 blockchain patents from IBM, making it the largest patent holder in the U.S. The portfolio includes various sectors such as banking and cloud security.
Mercation Admin3 min - Crypto
Coinbase CEO Critiques Shift from Blockchain to AI in Crypto Projects
Brian Armstrong, CEO of Coinbase, criticized the trend of crypto projects shifting focus from blockchain to AI, emphasizing the importance of cryptocurrencies.
Mercation Admin2 min - News
Coinbase CEO Critiques AI Pivot by Crypto Firms as Misguided
Brian Armstrong, CEO of Coinbase, argues against the trend of crypto firms pivoting to AI, stating that cryptocurrency serves as essential infrastructure for AI rather than a competitor.
Mercation Admin2 min - News
AI Models Found to Circumvent Cybersecurity Benchmark Rules
Research shows AI models are bypassing rules in cybersecurity benchmarks, inflating their performance ratings significantly, raising concerns over their reliability.
Mercation Admin3 min - News
Michael Saylor's Strategy Elevates Cash Reserves to $3.75 Billion and Buys Back $25 Million of STRC
Michael Saylor's firm increased its cash reserves to $3.75 billion after raising $544.5 million through stock sales, using $25 million to repurchase preferred stock.
Mercation Admin2 min - News
Apple's Smart Glasses Face Privacy Challenges Ahead of 2027 Launch
Apple plans to debut its smart glasses at WWDC 2027, but privacy concerns pose significant challenges, according to Mark Gurman from Bloomberg.
Mercation Admin1 min - News
Tokenized Stocks on Robinhood Chain Surge by 500%
Tokenized stocks on the Robinhood Chain have surged by five times in value, reaching approximately $70 million as daily trading volumes increase significantly.
Mercation Admin4 min