News
Editorial-quality coverage of global financial markets, policy, and macro trends.
- Crypto
AFX Trade Suspends Bridge Operations After $24.15 Million USDC Drain
AFX Trade has suspended its USDC custody bridge on Arbitrum after a significant security breach that drained $24.15 million. The company is investigating the incident and working to recover the stolen assets.
Mercation Admin3 min - News
You Will Become a Dataset
The article explores the evolving role of education in a rapidly changing job market, emphasizing the need for practical skills over traditional degrees.
Mercation Admin7 min - Crypto
Bitfinex Analysts Highlight $68,000 as Key Level for Bitcoin
Bitfinex analysts identify $68,000 as a critical resistance level for Bitcoin, while $63,000 serves as key support amid a calm market phase.
Mercation Admin1 min - Crypto
Korbit Joins Mirae Group, Marking a Milestone in South Korea's Crypto Landscape
Korbit, South Korea's first cryptocurrency exchange, has been acquired by Mirae Asset Group, marking a significant shift in the crypto landscape of the region.
Mercation Admin3 min - Crypto
Protocols Linked to Bitcoin and Ethereum Lose $35 Million in Series of Attacks
In a rapid 6-hour sequence, multiple cross-chain protocols, including Verus and B² Network, lost over $35 million due to exploited vulnerabilities, underscoring persistent security weaknesses.
Mercation Admin5 min - Crypto
AFX Trade on Arbitrum Loses $24 Million Due to Compromised Bridge Keys
AFX Trade, a decentralized exchange on Arbitrum, lost over $24 million after a hacker compromised validator signing keys, while its native bridge remained secure.
Mercation Admin4 min - Crypto
XRP Whales Increase Holdings as Smaller Investors Liquidate
XRP whales have increased their holdings by 2.8% in five weeks, while smaller investors have liquidated, pushing the price above $1.16. This divergence signals bullish trends for the cryptocurrency.
Mercation Admin3 min - Crypto
Bitcoin Declines Amid Rising Oil Prices and Interest Rates
As Bitcoin struggles under the weight of rising oil prices and interest rates, regulatory uncertainties loom large, impacting market confidence.
Mercation Admin4 min - News
Senator Lummis: Ongoing Discussions on Ethics and Provisions in Crypto Clarity Act
Senator Lummis expressed satisfaction with the updated Crypto Clarity Act, which is still under discussion, particularly its ethics provision.
Mercation Admin5 min - News
Democratic Senators Critique Crypto Clarity Act for Ethical Deficiencies
Key Democratic senators raised concerns that the newly released crypto Clarity Act draft lacks sufficient ethical guidelines and protections.
Mercation Admin4 min - News
Coinbase Aims to Become Canada's Comprehensive Financial Platform
Coinbase Canada is working to launch its "Everything Exchange" for trading crypto, stocks, ETFs, and prediction markets, with tokenized stocks coming this month.
Mercation Admin2 min - Crypto
Tesla Maintains Bitcoin Holdings, Reports $112 Million Loss
Tesla has maintained its bitcoin treasury at 11,509 BTC, reporting a $112 million impairment loss amid a 14% drop in bitcoin's value during Q2.
Mercation Admin3 min