News
Editorial-quality coverage of global financial markets, policy, and macro trends.
- Crypto

AMLA Chief Warns of Risks Following MiCA Transition Period
AMLA's Bruna Sego warns that the end of the MiCA transition period could lead to challenges for crypto services in the EU due to user migration.
Mercation Admin1 min - Crypto

Summer.fi to Shut Down After $6 Million Hack
Summer.fi is shutting down operations after a $6 million hack, with the user interface remaining available until August 31.
Mercation Admin2 min - Crypto

ZachXBT Criticizes Hardware Wallets; Bitcoin Holds Steady Near $65,000
Bitcoin remains steady near $65,000 as South Korea raises interest rates for the first time in over three years to combat inflation.
Mercation Admin1 min - Crypto

Senate Rejects Clemency for FTX Founder Sam Bankman-Fried
The Senate has unanimously passed a resolution opposing any clemency for FTX founder Sam Bankman-Fried, affirming his conviction for financial fraud.
Mercation Admin4 min - Crypto

Bitcoin Wallet Unused Since 2017 Transfers $383 Million
A bitcoin wallet inactive since 2017 has moved 5,908 BTC, now worth $383 million, to a new address, indicating no immediate sale.
Mercation Admin3 min - Crypto

Ether Surges Ahead of Bitcoin as ETF Investments Flow In, Primarily from BlackRock
Ether has outperformed Bitcoin and other major cryptocurrencies this week, driven by substantial ETF inflows and new demand from the Robinhood Chain.
Mercation Admin4 min - Crypto

Bitcoin Approaches $65,000 as Two Investor Groups Take Profits Amid U.S. Inflation Data
Bitcoin is nearing $65,000, but two groups of investors are selling their holdings amid concerns about the sustainability of this price increase following recent inflation data.
Mercation Admin5 min - Crypto

Analysts Remain Optimistic Despite Coinbase's 30% Decline
Despite a significant drop in Coinbase's stock, analysts from William Blair maintain optimism about its future performance.
Mercation Admin4 min - News

OpenAI Implements AI Red Team to Enhance GPT-5.6 Against Prompt Injection Vulnerabilities
OpenAI has rolled out GPT-Red, an AI tool designed to uncover vulnerabilities in its models, enhancing GPT-5.6's defenses against prompt injection attacks.
Mercation Admin2 min - Crypto

Jesse Pollak of Coinbase Steps Down from Base App Leadership
Jesse Pollak from Coinbase is stepping back from leading the Base app, admitting his strategy for onchain social applications failed to boost crypto adoption.
Mercation Admin3 min - News

Introducing Bonsai: The First 27B AI Model That Fits on Your Phone
PrismML has launched Bonsai 27B, a 27-billion-parameter AI model that fits on smartphones, achieving significant performance while requiring minimal memory.
Mercation Admin5 min - Crypto

Understanding BIP-110 and Its Impact on the Bitcoin Community
BIP-110 is stirring significant debate in the Bitcoin community over its potential to limit non-financial data in transactions, raising concerns about censorship and network integrity.
Mercation Admin4 min