News
Editorial-quality coverage of global financial markets, policy, and macro trends.
- Crypto
Binance Launches BTC Yield for Bitcoin Holders Seeking Returns
Binance has launched BTC Yield, a new product for existing Bitcoin holders seeking to earn additional yield without selling their assets.
Mercation Admin4 min - Crypto
BonkDAO Loses $20 Million Due to Malicious Proposal
BonkDAO reported a $20 million loss due to a malicious governance proposal, prompting exchanges to suspend trading of the BONK token.
Mercation Admin2 min - Crypto
Japanese Interest Rates Challenge Bitcoin's Recent Macro Relief
Bitcoin's recent gains are threatened by rising Japanese bond yields, which have reached a 30-year high, impacting global borrowing costs and risk assets.
Mercation Admin4 min - News
UN Calls for Accelerated Global AI Regulation
UN Secretary-General António Guterres calls for global AI regulations to protect children and ban lethal autonomous weapons, emphasizing the need for human oversight.
Mercation Admin3 min - Crypto
Bitcoin and Ether ETFs Attract Significant Inflows on Monday
U.S. spot bitcoin ETFs attracted $265.69 million on Monday, while ether ETFs gained $20.66 million, led by BlackRock's ETHA.
Mercation Admin1 min - Crypto
BONK's Treasury Drained by $20 Million After Malicious Governance Attack
An attacker exploited BONK DAO's governance to drain $20 million from its treasury by spending $4 million to pass a malicious proposal.
Mercation Admin5 min - Crypto
XRP Faces Resistance Near $1.14 Amid Low Trading Volume
XRP struggles to maintain momentum as it nears resistance at $1.14, with low trading volume causing traders to await confirmation before further action.
Mercation Admin4 min - Crypto
Bitcoin Retreats After Brief Surge to $64,400 Amid Market Shifts
Bitcoin briefly reached $64,400 before pulling back, but remains up 6% for the week, amid oil price fluctuations and renewed tech stock declines.
Mercation Admin4 min - News
U.S. Bitcoin Reserve Development Continues Amid Federal Discussions
The Biden administration continues to evaluate the structure for a federal bitcoin reserve, facing challenges from competing departments and a lack of legislative support.
Mercation Admin4 min - News
ByteDance and Alibaba Disable Humanlike AI Features Amid China Regulations
ByteDance and Alibaba are discontinuing humanlike AI features ahead of new Chinese regulations that ban emotional AI interactions, a first of its kind in the country.
Mercation Admin3 min - News
UK Foreign Secretary Cautions on AI Risks, Drawing Nuclear Comparisons
UK Foreign Secretary Yvette Cooper warns that without global regulations, AI risks could mirror the catastrophic mistakes of the nuclear age.
Mercation Admin2 min - Crypto
$20 Million Stolen in Governance Attack on Solana's Bonk Coin
BonkDAO, the organization behind the Bonk meme coin, lost $20 million due to a governance attack that transferred tokens to an unauthorized address.
Mercation Admin2 min