News
Editorial-quality coverage of global financial markets, policy, and macro trends.
- News
Pentagon AI Executive Cashes In Millions from Perplexity Stock
Emil Michael, a Pentagon official, sold his Perplexity AI shares for millions, marking his third significant AI stock sale this year amid ongoing controversies.
Mercation Admin3 min - Crypto
Goldman Sachs and BofA Lead 21 Banks in New Dollar Stablecoin Initiative
A consortium of 21 banks, featuring Goldman Sachs and BofA, is set to launch a U.S. dollar stablecoin by mid-2027, expanding the competition in the market.
Mercation Admin2 min - Crypto
Strategy CEO Stands by Decision to Sell Bitcoin at $60K Before Higher Purchase
Strategy's CEO Phong Le defends the decision to sell Bitcoin at $60K and later repurchase at a higher price, citing financial strategy over market speculation.
Mercation Admin2 min - Crypto
Bitcoin's Potential for a Flash Crash: Understanding the 'Bart Simpson' Pattern
Bitcoin's recent price movements have stirred discussions of a potential flash crash, particularly relating to the so-called 'Bart Simpson' pattern among traders.
Mercation Admin5 min - Crypto
Crypto Stakeholders Urge SEC for Customized Regulations on New ETPs
Crypto firms and advocates are urging the SEC to create tailored regulations for new exchange-traded products (ETPs), including those related to cryptocurrencies and event contracts.
Mercation Admin3 min - News
OpenAI's Astra Achieves 'Critical' Status in Cybersecurity
OpenAI's Astra model has achieved a 'Critical' rating for cybersecurity, marking a significant advancement in AI's hacking capabilities.
Mercation Admin3 min - News
Tether Faces Lawsuit Over Alleged Illegal Freezing of $42.4 Million in USDT
Two Thai businessmen have filed a lawsuit against Tether, claiming the company unlawfully froze $42.4 million in USDT at the request of a federal agent.
Mercation Admin2 min - News
QuSecure Tests Post-Quantum Protection with U.S. Army Systems
QuSecure has successfully tested its QuProtect R3 platform with the U.S. Army, achieving a TRL of 7 and marking a significant step towards post-quantum cryptography.
Mercation Admin1 min - News
Norway Plans Stricter Regulations on Smart Glasses and Facial Recognition
Norway's Digitalisation Minister announced plans for stricter regulations on smart glasses and is considering banning facial recognition in public areas.
Mercation Admin2 min - Crypto
Thai Entrepreneurs Sue Tether Over $42 Million USDT Freeze
Two Thai businessmen are suing Tether for freezing $42.4 million in USDT, questioning the company's authority in the matter.
Mercation Admin1 min - News
AI Billionaires Launch Advertising Campaign Amid Rising Data Center Opposition
AI billionaires are launching an ad campaign in key states to counter growing opposition to data centers, which has reached 61%.
Mercation Admin2 min - News
Sparkle and Hellas Sat Launch Quantum-Resistant Satellite Link
Sparkle and Hellas Sat have launched the first quantum-resistant satellite connection between Greece and Cyprus, enhancing security against future quantum threats.
Mercation Admin1 min