News
Editorial-quality coverage of global financial markets, policy, and macro trends.
- Crypto
AscendEX Exchange and Zapper Service Announce Closure
AscendEX has ceased operations due to regulatory and financial issues, while DeFi tracker Zapper will shut down its services in August.
Mercation Admin1 min - Crypto
XRP Remains Around $1.10 as Traders Monitor Potential Breakout
XRP is trading around $1.09, with traders defending the $1.00-$1.05 support zone while eyeing potential breakout patterns.
Mercation Admin4 min - Crypto
BNB Chain Announces New Layer-1 Blockchain for AI and Quantum Computing
BNB Chain is set to launch a new layer-1 blockchain aimed at high-frequency trading and AI transactions, targeting over 100,000 transactions per second.
Mercation Admin3 min - Crypto
The Rise of Solana Amidst Chaos
Solana has emerged as a significant player in the blockchain space, appealing to both speculators and corporations, thanks to its high performance and innovative integrations.
Mercation Admin8 min - Crypto
BNB Chain Introduces New Layer-1 Blockchain for High-Frequency Trading and AI
BNB Chain is launching a new layer-1 blockchain designed for high-frequency trading and AI agents, aiming for over 100,000 transactions per second.
Mercation Admin3 min - Crypto
How Telegram is Evolving into a Financial Ecosystem — Insights from ONLY
Telegram is evolving into a financial ecosystem with services like ONLY, allowing users to trade and manage cryptocurrencies seamlessly within the app.
Mercation Admin4 min - Crypto
XRP Ledger's latest upgrade faces mixed reception
The XRP Ledger's upgrade to v3.2.0 is gaining validator support but still trails the previous version in node count, with a separate security amendment lagging behind.
Mercation Admin4 min - Crypto
EU to Expand MiCA to DeFi and NFTs
The European Parliament has approved a position to expand MiCA regulations to include DeFi and NFTs, aiming for clearer rules in the crypto sector.
Mercation Admin2 min - Crypto
BonkDAO Loses $20 Million Due to Malicious Proposal
BonkDAO reported a $20 million loss due to a malicious governance proposal, prompting exchanges to suspend trading of the BONK token.
Mercation Admin2 min - Crypto
BONK's Treasury Drained by $20 Million After Malicious Governance Attack
An attacker exploited BONK DAO's governance to drain $20 million from its treasury by spending $4 million to pass a malicious proposal.
Mercation Admin5 min - Crypto
XRP Faces Resistance Near $1.14 Amid Low Trading Volume
XRP struggles to maintain momentum as it nears resistance at $1.14, with low trading volume causing traders to await confirmation before further action.
Mercation Admin4 min - Crypto
Summer.fi Suspends Lazy Summer Vaults After $6 Million Attack
Summer.fi has suspended its Lazy Summer vaults after a $6 million exploit, causing the SUMR token to drop by over 18%.
Mercation Admin3 min