News
Editorial-quality coverage of global financial markets, policy, and macro trends.
- Crypto

BitMart Exchange Announces Gradual Shutdown
BitMart, a centralized cryptocurrency exchange, is set to gradually shut down operations by January 31, 2027, halting trading and new registrations.
Mercation Admin1 min - Crypto

Shiba Inu Rises 36% Amid South Korean Trading Surge
Shiba Inu's price jumped 36% to $0.0000057, driven by South Korean traders, adding $1 billion in market value without any specific catalyst.
Mercation Admin3 min - Crypto

BitMart to Cease Operations After Nine Years, BMX Token Plummets 58%
Crypto exchange BitMart is set to shut down after nine years, leading to a 58% drop in its BMX token. Users have limited time to withdraw funds.
Mercation Admin4 min - Crypto

Sberbank to Launch Crypto Trading Infrastructure by December
Sberbank is set to introduce a cryptocurrency trading infrastructure and digital depository by December 1, aligning with new regulations that start in September.
Mercation Admin3 min - News

North Korea Arrests IT Specialists for Embezzling State Funds via Cryptocurrency
A group of IT specialists in North Korea has been arrested for hacking state banks and stealing funds through cryptocurrency.
Mercation Admin1 min - Crypto

North Korea Detains Hackers for Allegedly Laundering Stolen Bank Funds via Cryptocurrency
North Korean authorities have arrested hackers for allegedly laundering stolen funds from state banks through cryptocurrency, highlighting ongoing cybercrime issues.
Mercation Admin3 min - News

Midjourney Acquires Astrology App Co-Star
Midjourney has acquired the astrology app Co-Star, integrating its founder Banu Güler and her team to enhance product development.
Mercation Admin1 min - News

US Lawmakers Propose AI Kill Switch Legislation Following OpenAI Incident
US lawmakers propose the AI Kill Switch Act to enable federal control over AI systems following a breach by OpenAI's models.
Mercation Admin4 min - News

Nvidia and Naver to Expand AI Factory in South Korea to 200 MW
Nvidia, Naver, and Brookfield plan to expand their AI Factory in South Korea's GAK Sejong data center, increasing capacity to 200 MW by 2028.
Mercation Admin1 min - Crypto

Tokenization of Weather Derivatives: A Game Changer for Climate Risk Management
Tokenization of weather derivatives could revolutionize climate risk management for small businesses and farmers, according to Omkar Godbole of CoinDesk.
Mercation Admin7 min - Crypto

Hoskynson Warns Bitcoin Could Lose Dominance Due to Quantum Threat
Charles Hoskynson warns Bitcoin may lose its dominance due to quantum computing threats if governance fails to adapt, while Cardano positions itself as a solution.
Mercation Admin2 min - Crypto

MARA CEO Claims AI Data Centers Generate Higher Revenue than Bitcoin Mining
MARA Holdings' CEO, Fred Thiel, highlighted that AI data centers are more profitable per energy unit than Bitcoin mining, managing over 4 GW of power.
Mercation Admin1 min