News
Editorial-quality coverage of global financial markets, policy, and macro trends.
- Crypto
Bonzo Lending Protocol Sees 77% Drop in Value After $9 Million Oracle Hack
Bonzo Lend lost $9.05 million due to an oracle exploit, resulting in a 77% drop in its total value locked on the Hedera network.
Mercation Admin3 min - Crypto
Crypto IPOs Struggle as Investment Shifts to AI Amid Economic Concerns
The crypto IPO market is slowing as investors shift focus to AI and face economic uncertainties, according to Christian Lopez of Cohen & Company.
Mercation Admin6 min - Crypto
Exploring Robinhood Chain: An Ethereum Layer-2 Network for Tokenized Stocks
Robinhood Chain is an Ethereum layer-2 blockchain designed for tokenized stocks and assets, integrating DeFi applications and enhancing transaction efficiency.
Mercation Admin4 min - Crypto
UK Takes Significant Steps Toward Crypto Regulation
The UK is taking significant steps to establish a robust regulatory framework for cryptocurrencies, signaling a serious commitment to its goal of becoming a global crypto hub.
Mercation Admin6 min - Macro
IMF Warns of Stablecoin Risks for Fixed Exchange Rate Countries
The IMF warns that dollar-pegged stablecoins could heighten risks for countries with fixed exchange rates, potentially accelerating currency crises.
Mercation Admin1 min - News
Comparing Nano Banana 2 Lite and Nano Banana 2: When to Upgrade or Save
Google has unveiled Nano Banana 2 Lite, a cost-effective image generation tool that outperforms its predecessor in speed and price, while still offering competitive quality for many applications.
Mercation Admin10 min - Crypto
Empery Digital Divests Half of Its Bitcoin Holdings
Empery Digital has sold 1,400 bitcoins for $87.1 million, reallocating funds to develop an AI data center, while holding onto 1,514 bitcoins.
Mercation Admin3 min - Crypto
AI Uncovers Ethereum Vulnerability Requiring Human Verification
AI agents at the Ethereum Foundation discovered a crash vulnerability in the gossipsub system, but human intervention was crucial to validate the findings amidst false positives.
Mercation Admin5 min - News
Bloomberg: US Justice Department to Drop Charges Against BitClub Figure Matthew Getchell
The US Justice Department plans to drop charges against Matthew Getchell in the BitClub Network case, which involved a $722 million Ponzi scheme.
Mercation Admin1 min - News
Meta Discontinues Image Generation Feature Using Public Instagram Photos
Meta has discontinued its Muse Image feature that generated images from public Instagram photos due to privacy concerns raised by users and critics.
Mercation Admin1 min - Crypto
Why the Fed is Worrying Bitcoin Again and How Ethereum Prepares for the Quantum Era
This week discusses Ethereum's new roadmap, the Fed's hawkish stance, Strategy's Bitcoin sale, and Solana's identity crisis.
Mercation Admin1 min - News
US Secretly Paid Ransom in Bitcoin, VPN Services Caught Spying, and Other Cybersecurity News
This week in cybersecurity: a prisoner illegally transfers $290,000 in crypto, Interpol arrests thousands, and researchers reveal free VPNs often spy on users.
Mercation Admin6 min