News
Editorial-quality coverage of global financial markets, policy, and macro trends.
- News
Challenges Mount for Clarity Act as Ethical Concerns and Time Constraints Loom
The Clarity Act, crucial for U.S. crypto markets, faces significant challenges as ethical concerns and time constraints threaten its passage before the August recess.
Mercation Admin3 min - Crypto
Poolin, Previously One of the Largest Bitcoin Mining Pools, Enters Bankruptcy
Poolin Technology filed for Chapter 11 bankruptcy, owing $163.7 million to users. The company is auctioning its Texas mining sites as part of the process.
Mercation Admin2 min - Crypto
DEX Aggregator Odos to Shut Down After Four Years
Odos Protocol, a DEX aggregator, will close on July 30 after processing over $100 billion in transactions since 2022.
Mercation Admin1 min - News
Nvidia, Meta, Microsoft Urge Washington to Preserve Open-Source AI
A coalition of 25 companies, including Nvidia and Microsoft, has called on the U.S. government to avoid restrictions on open-source AI models, arguing it could harm innovation and security.
Mercation Admin3 min - Crypto
Strategy Revamps Bitcoin Metrics with 'Net Bitcoin Per Share'
Strategy has revamped its Bitcoin valuation metrics, introducing 'net Bitcoin per share' to clarify shareholder stakes amid a shift to digital credit.
Mercation Admin3 min - Crypto
Bitcoin ETFs Experience $225M Outflow, Ending Inflow Streak Amid Iran Tensions
Bitcoin ETFs recorded $225.2 million in outflows on July 23, ending a seven-day inflow streak, as market tensions rise due to the ongoing U.S.-Iran conflict.
Mercation Admin2 min - Crypto
Abu Dhabi's Largest Investment Fund Tokenizes Part of Its Capital
Mubadala Capital has launched a tokenized private market strategy, attracting $75 million in assets, with Coinbase investing in the fund.
Mercation Admin1 min - News
Researchers Report Barriers to Social Media Data in the EU
European researchers are struggling to access social media data due to barriers imposed by platforms under the EU's Digital Services Act.
Mercation Admin4 min - Crypto
Senate Democrats Urged to Embrace Progress on Trump's Crypto Restrictions: White House
Senate Democrats are pushing for stricter enforcement of the Clarity Act, which would limit President Trump's crypto activities, despite his initial agreement to some restrictions.
Mercation Admin7 min - News
World Network Secures $52.5 Million to Combat AI Deepfakes
World Network, supported by Sam Altman, has raised $52.5 million to enhance its digital verification systems targeting AI deepfakes.
Mercation Admin4 min - News
World Foundation Secures $52.5 Million to Advance Sam Altman's World ID
The World Foundation has raised $52.5 million for its World ID initiative, aiming to validate human identity amid rising AI usage.
Mercation Admin2 min - Crypto
LMAX Considers Sale or IPO with Help from Morgan Stanley
LMAX Group is exploring strategic options, including a potential sale or IPO, with assistance from Morgan Stanley and KBW, potentially valuing the firm at $5 billion.
Mercation Admin4 min