News
Editorial-quality coverage of global financial markets, policy, and macro trends.
- Crypto
Balance stablecoin plunges 99% following $1 million exploit
Balance Coin, an algorithmic stablecoin, suffered a catastrophic drop of over 99% due to a security exploit that allowed an attacker to manipulate its pricing system.
Mercation Admin3 min - Crypto
Galaxy Allocates Up to $5 Million to Protect Bitcoin from Quantum Threats
Galaxy has launched a $5 million initiative to prepare Bitcoin for quantum threats, focusing on research and development of quantum-resistant technologies.
Mercation Admin3 min - News
US Court Approves Anthropic's $1.5 Billion Settlement in Copyright Case
A US court has approved Anthropic's $1.5 billion settlement in a copyright lawsuit involving the use of authors' books for AI training.
Mercation Admin1 min - Crypto
Bitcoin Stays Below $66,000 as Traders Anticipate Alphabet Earnings
Bitcoin hovers around $65,900 as traders look to Alphabet's earnings for insights on AI investments.
Mercation Admin1 min - News
Movement Labs Files for Bankruptcy
Movement Labs has filed for Chapter 11 bankruptcy, reporting significant liabilities and a need for reorganization. The company is under court supervision in Delaware.
Mercation Admin2 min - Crypto
Telegram Launches Non-Custodial Gram Wallet
Telegram's Pavel Durov announces a non-custodial Gram wallet for over a billion users, promising zero-fee transactions this summer.
Mercation Admin1 min - News
Google Launches Three New Gemini Flash Models
Google has launched three new Gemini Flash models, enhancing efficiency and performance for coding and cybersecurity tasks.
Mercation Admin2 min - News
Quantum & After: Can You Profit from Quantum Technologies?
Explore the potential for profit in quantum technologies, the risks involved, and how they relate to the crypto industry in this insightful analysis.
Mercation Admin4 min - Crypto
OpenAI AI Models Breach Hugging Face, Raising Crypto Security Concerns
OpenAI's AI models breached Hugging Face's infrastructure, presenting new risks for crypto security by exploiting unknown vulnerabilities.
Mercation Admin5 min - Crypto
Bitcoin Stays Around $66,300 as Semiconductor Stocks Surge and Yen Hits 40-Year Low
Bitcoin remains steady around $66,300 as semiconductor stocks continue their rally and the Japanese yen falls to a 40-year low against the dollar.
Mercation Admin4 min - Crypto
Satsuma to Liquidate Bitcoin Holdings and Exit Market
Satsuma Technology's shareholders have voted to liquidate the company's Bitcoin holdings and cease operations after a brief venture into the crypto market.
Mercation Admin3 min - Crypto
Digital Chamber Files Lawsuit Against Illinois Over Crypto Tax
The Digital Chamber has filed a lawsuit against Illinois, aiming to halt the implementation of a newly established digital asset tax set to begin next year.
Mercation Admin3 min