News
Editorial-quality coverage of global financial markets, policy, and macro trends.
- Crypto
Ether and Solana Rise as Bitcoin Approaches $62,000 Due to Short Squeeze
Ether and Solana are experiencing significant gains as Bitcoin approaches $62,000 due to a short squeeze affecting bearish traders.
Mercation Admin4 min - News
OpenAI Proposes $42 Billion Stake for U.S. Government
OpenAI has proposed a 5% stake worth $42.6 billion for the U.S. government, amidst discussions with key officials and a push for similar contributions from other AI firms.
Mercation Admin3 min - News
Russia Set for 'Widespread Use' of Digital Ruble by September, Bank Governor States
Russia's digital ruble is on track for a September 1 launch, but public interest remains low, according to recent reports.
Mercation Admin2 min - News
U.S. Treasury Imposes Sanctions on 134 ISIS-Connected Crypto Wallets
The U.S. Treasury has sanctioned 134 crypto wallets linked to ISIS-K, primarily on Tron, amid ongoing legal issues involving Tron founder Justin Sun.
Mercation Admin2 min - News
AI Models Manipulated to Generate Cocaine Recipes
Researchers managed to manipulate AI models into generating cocaine synthesis instructions and leaking sensitive credentials using a new prompt injection attack technique.
Mercation Admin3 min - Crypto
Securitize Launches $295 Million Tokenized Stock on Solana and Avalanche with NYSE Debut
Securitize has launched $295 million worth of its own stock as tokenized shares on Solana and Avalanche, coinciding with its debut on the NYSE.
Mercation Admin4 min - Stocks
Securitize Launches on NYSE with Tokenized Shares on Solana and Avalanche
Securitize shares surged over 8% on their NYSE debut while also launching tokenized versions worth $266 million on Solana and Avalanche.
Mercation Admin2 min - Crypto
SBI Holdings to Cease Bitcoin Mining Pool Operations
SBI Crypto, a subsidiary of SBI Holdings, will cease its Bitcoin mining pool operations by July 31, joining a trend of miners pivoting towards AI.
Mercation Admin2 min - Crypto
Bitcoin, Ethereum, and XRP Surge as Crypto Shorts Face Losses
Major cryptocurrencies including Bitcoin, Ethereum, and XRP have surged, leading to significant liquidations of short positions in the market.
Mercation Admin2 min - Crypto
eToro Backs Extended, an Onchain Derivatives Platform, as DeFi Gains Traction
eToro has led a $12.5 million funding round for the onchain derivatives platform Extended, aiming to expand its DeFi offerings and integrate new features into the Zengo wallet.
Mercation Admin4 min - Crypto
Bitwise Indicates STRC Decline Reflects Crypto Cycle Bottoming, Not Strategy's Collapse
Bitwise suggests that the recent decline in STRC indicates a nearing bottom in the crypto cycle, rather than a crisis for Strategy.
Mercation Admin4 min - Crypto
Standard Chartered and Circle Simplify USDC Issuance
Standard Chartered and Circle have launched a service for institutional clients to issue and redeem USDC without needing a separate Circle account.
Mercation Admin1 min