News
Editorial-quality coverage of global financial markets, policy, and macro trends.
- Crypto
Analysts Remain Optimistic Despite Coinbase's 30% Decline
Despite a significant drop in Coinbase's stock, analysts from William Blair maintain optimism about its future performance.
Mercation Admin4 min - News
OpenAI Implements AI Red Team to Enhance GPT-5.6 Against Prompt Injection Vulnerabilities
OpenAI has rolled out GPT-Red, an AI tool designed to uncover vulnerabilities in its models, enhancing GPT-5.6's defenses against prompt injection attacks.
Mercation Admin2 min - News
Base App's Jesse Pollak Resigns from Leadership, Acknowledges Mistake
Jesse Pollak is stepping away from the Base App leadership, admitting a miscalculation in strategy regarding social and creator coins, as he refocuses on the blockchain's growth.
Mercation Admin2 min - Crypto
Ostium Suffers $18 Million Loss in Oracle Exploit
Ostium lost around $18 million in an oracle exploit, draining a significant portion of its liquidity as attackers manipulated price feeds.
Mercation Admin2 min - Crypto
Bitcoin Surpasses $64K Resistance, Yet Death Cross Signals Caution
Bitcoin has surpassed the $64K resistance but faces a potential downturn as a death cross looms on the charts, signaling a bearish trend.
Mercation Admin4 min - Crypto
South Korea to Revise 76-Year-Old Law to Recognize Cryptocurrencies as National Assets
South Korea is set to amend its National Property Act to officially classify cryptocurrencies and intellectual property as national assets, with plans for tokenized government bonds in 2027.
Mercation Admin3 min - Crypto
Open USD Threatens Circle's USDC, According to CoinShares
CoinShares reports that Open USD could significantly impact Circle's USDC by redistributing reserve income to partners, potentially affecting their profit margins.
Mercation Admin4 min - News
Three Senators Oppose CLARITY Act Without Anti-Corruption Provisions
Three Democratic senators oppose the CLARITY Act, demanding anti-corruption measures to prevent officials from profiting from the crypto industry.
Mercation Admin3 min - News
Meta Employees Accuse Company of Using AI in Layoffs
Meta employees have filed a lawsuit claiming the company used AI to unfairly select workers for layoffs, disproportionately affecting those on leave or with disabilities.
Mercation Admin3 min - News
CFTC Blocks Kalshi from Canceling Trades Due to Michigan Court Order
The CFTC has ordered Kalshi to continue processing trades for Michigan residents, countering a state court's earlier ruling to cancel them.
Mercation Admin2 min - Crypto
AI Writes 95% of Coinbase's Code
Coinbase is now using AI to generate over 95% of its code, significantly increasing automation and reducing its workforce.
Mercation Admin1 min - Crypto
Binance aims to transform into a crypto 'super app' as stablecoins drive growth
Binance is shifting its focus towards becoming a payments-oriented 'super app', emphasizing financial services over trading, with stablecoins playing a crucial role in this transition.
Mercation Admin4 min