News
Editorial-quality coverage of global financial markets, policy, and macro trends.
- News
Celsius Founder Seeks to Overturn 12-Year Fraud Sentence
Celsius founder Alex Mashinsky is seeking to overturn his 12-year fraud sentence, citing ineffective counsel and linking losses to Sam Bankman-Fried's actions.
Mercation Admin1 min - News
FBI Uncovers Scam Networks and Seizes $8 Billion in Bitcoin
The FBI has seized over $8 billion in Bitcoin as part of Operation Blackout, targeting international scam networks, with significant ties to Cambodia.
Mercation Admin2 min - News
JPMorgan CEO Criticizes CLARITY Act Over Stablecoin Yields
JPMorgan's Jamie Dimon criticized the CLARITY Act, claiming it lacks adequate consumer protections for stablecoin yields, amid rising tensions between banks and crypto firms.
Mercation Admin1 min - Crypto
Stellar Surges 30% and Other Market Highlights
Stellar leads the crypto market with a 31.56% increase, while Bitcoin remains the top cryptocurrency by market cap.
Mercation Admin1 min - Crypto
Bitcoin, Ether, XRP, Dogecoin Trail Behind Stocks as ETF Interest Dwindles
Major cryptocurrencies, including Bitcoin and Ether, have not kept pace with a nine-week rally in U.S. stocks, amid declining demand for ETFs.
Mercation Admin3 min - Crypto
Concerns Over Bitcoin's Quantum Threat Extend Beyond Wallet Keys
Andrew Gault warns that Bitcoin's biggest quantum threat lies not in wallet keys, but in the encrypted data currently being exchanged between institutions.
Mercation Admin5 min - News
Arrests of Advanced Scammers in Odessa, Hidden GPU Miner, and Other Cybersecurity Events
This week in cybersecurity: new scams targeting crypto companies, hidden GPU miners, and a major data breach at Carnival Corporation affecting 6 million customers.
Mercation Admin6 min - News
JP Morgan's Jamie Dimon Criticizes Coinbase's CEO Over Clarity Act
JP Morgan's Jamie Dimon criticized Coinbase's Brian Armstrong over the Clarity Act, claiming Armstrong is the sole advocate spending heavily on it.
Mercation Admin3 min - News
US Treasury Secretary Bessent Announces $1 Billion in Crypto Seized from Iran
Treasury Secretary Scott Bessent announced the U.S. has seized about $1 billion in cryptocurrencies linked to Iran amid ongoing military tensions.
Mercation Admin2 min - News
Celsius Founder Alex Mashinsky Seeks to Overturn 12-Year Fraud Sentence
Alex Mashinsky, founder of Celsius, has filed to overturn his 12-year prison sentence, citing ineffective legal counsel as a key reason for his appeal.
Mercation Admin2 min - Crypto
Dimon Intensifies Criticism of Stablecoin Rewards in CLARITY Act Discussion
JPMorgan's Jamie Dimon warns the CLARITY Act may fail without addressing banks' concerns on stablecoin rewards, escalating tensions with Coinbase.
Mercation Admin4 min - Crypto
Coinbase Becomes First U.S. Exchange to Offer Global Crypto Perpetual Futures
Coinbase has received approval from the CFTC to offer U.S. customers access to offshore crypto perpetual futures through its subsidiary Deribit.
Mercation Admin2 min