News
Editorial-quality coverage of global financial markets, policy, and macro trends.
- News
Ethereum Foundation Reduces Workforce by 20% in Streamlining Effort
The Ethereum Foundation has announced a 20% workforce reduction, letting go of 54 employees as part of a restructuring aimed at efficiency and focus.
Mercation Admin2 min - News
Ethereum Foundation to Reduce Budget by 40% Amid Leadership Changes
Vitalik Buterin announced a 40% budget cut for the Ethereum Foundation, coinciding with significant staff reductions and leadership changes.
Mercation Admin3 min - News
Ethereum Foundation lays off 20% of workforce amid leadership shifts
The Ethereum Foundation is undergoing a significant workforce reduction, cutting 20% of its staff due to extensive leadership changes and a restructuring of its strategic focus.
Mercation Admin3 min - Crypto
Tanya Denisova, Former COO of Robinhood Crypto, Joins Agora as Operations Head
Tanya Denisova, previously COO of Robinhood Crypto, has joined Agora as head of operations to oversee the company's expanding AUSD stablecoin business.
Mercation Admin3 min - Crypto
Franklin Templeton Finalizes Acquisition of 250 Digital, Launches Franklin Crypto Division
Franklin Templeton has completed its acquisition of 250 Digital and launched Franklin Crypto, a new division focused on cryptocurrency investments.
Mercation Admin3 min - Crypto
Solana Captures 95% of Tokenized Stock Market in a Week
Solana dominated the tokenized stock market last week, capturing 95% of trading volume, driven by the launch of the SPCX token linked to SpaceX's IPO.
Mercation Admin1 min - Crypto
Fomo's $75M Funding Round Highlights Continued VC Interest in Consumer Crypto
Fomo, a consumer-focused crypto app, has raised $75M led by Index Ventures, indicating strong VC interest in the crypto market despite downturns.
Mercation Admin7 min - News
Analyst Disputes Terra Comparisons Amid Strategy's STRC Decline
Mark Palmer from Benchmark clarifies that Strategy's STRC stock, which has recently declined, should not be compared to Terra's UST stablecoin. STRC is a dividend-paying equity linked to bitcoin.
Mercation Admin4 min - Crypto
THORChain Resumes Trading After May Hack
THORChain has resumed trading after a month-long halt due to a hack, with plans for new features like Monero and Zcash support.
Mercation Admin1 min - Crypto
Crypto Market Experiences Decline Amid Nasdaq Tech Selloff
The cryptocurrency market has seen a significant decline, with Bitcoin and Ether experiencing notable losses as a tech selloff impacts digital assets.
Mercation Admin5 min - Crypto
Crypto Lobbyists Urge U.S. Congress to Maintain Tax Bill
Crypto lobbyists are urging Congress to pass the Tax Clarity for Mining and Staking Act, opposing amendments that could limit tax deferrals.
Mercation Admin3 min - Crypto
Ethereum Foundation Identifies MEV as a Key Risk for the Network
Bastian Aue of the Ethereum Foundation highlights MEV as a critical risk, emphasizing the need for resilience against censorship and maintaining Ethereum's open infrastructure.
Mercation Admin4 min