News
Editorial-quality coverage of global financial markets, policy, and macro trends.
- Crypto
Developer Recovers $2 Million in ETH Frozen Since 2016 ICO
A developer has successfully retrieved $2 million in ETH from a 2016 ICO project, which had been frozen due to a smart contract bug, benefiting 48 investors.
Mercation Admin3 min - Crypto
Sui Attributes Recent Network Outages to Gas and Validator Issues
Sui's network faced three outages last week, lasting over 15 hours, attributed to gas and validator bugs, while SUI's price dropped 18%.
Mercation Admin1 min - Crypto
Aave Tightens Listing Standards After $293 Million rsETH Incident
Aave has revised its asset listing standards following a significant incident involving rsETH that risked creating substantial bad debt.
Mercation Admin1 min - News
Binance Enables Trading of 7,000 US Stocks, Launches Tokenized 'bStocks'
Binance has launched access to over 7,000 U.S. stocks and ETFs for non-U.S. users, introducing a new feature called 'bStocks' to tokenize shares on the BNB blockchain.
Mercation Admin3 min - Crypto
Stellar (XLM) Rises 14.1% Over the Weekend, CoinDesk 20 Update
Stellar (XLM) saw a notable increase of 14.1% over the weekend, while Binance Coin (BNB) also performed well with a 7.9% rise, according to the latest CoinDesk 20 update.
Mercation Admin1 min - Crypto
$1.67 Billion Withdrawn from Crypto Funds in a Week
Investment products based on digital assets experienced a significant outflow of $1.67 billion from May 25 to 29, marking a continued trend of withdrawal.
Mercation Admin2 min - Crypto
Bitmine Reduces Ether Acquisition, Purchasing $53 Million Last Week
Bitmine has significantly reduced its ether purchases, acquiring $53 million worth last week after a record purchase the previous week.
Mercation Admin3 min - Crypto
Coinbase Introduces Direct INR Deposit and Withdrawal Options
Coinbase has launched a direct deposit and withdrawal system for Indian rupees, enhancing trading options for local users and marking a significant step in its Indian operations.
Mercation Admin2 min - News
Cardano Foundation Cancels 2026 Summit After Voting Failure
The Cardano Foundation has canceled the Cardano Summit 2026 in Singapore after a funding proposal failed to gain necessary support in a recent vote.
Mercation Admin2 min - Crypto
Bitcoin and Ether Decline as Futures Indicate Risk Appetite; XLM and HYPE Surge
Bitcoin and Ethereum began June with losses, while futures show signs of risk-taking. Stellar's XLM surged over 40% following a significant partnership announcement.
Mercation Admin5 min - Crypto
White Hat Hacker Unlocks $2 Million in 2016 Smart Contract
A white hat hacker named Florent has unlocked $2 million in Ethereum that was trapped in a 2016 smart contract, allowing 48 investors to reclaim their funds.
Mercation Admin1 min - Crypto
Sui Developers Explain Causes of Three Network Halts
The Sui Foundation reported on three mainnet halts caused by software vulnerabilities, ensuring user funds were safe and the network is now functioning normally.
Mercation Admin1 min