News
Editorial-quality coverage of global financial markets, policy, and macro trends.
- News
U.S. Imposes Tariffs of Up to 100% on Certain Drone Imports
The U.S. will introduce tariffs of up to 100% on certain drone imports, impacting the market dynamics between American and Chinese manufacturers.
Mercation Admin3 min - Crypto
CoinW Launches Perpetual TradFi Futures for Currencies and Indices
CoinW has introduced five perpetual TradFi futures, including major currency pairs and stock indices, available for trading in USDT.
Mercation Admin1 min - News
Chainalysis Challenges ICE's Contract with TRM Labs
Chainalysis has filed a complaint against ICE over a $95 million contract awarded to TRM Labs without competition, citing unfair evaluation practices.
Mercation Admin1 min - Crypto
Cronos Network Freezes Operations Following $75M Tectonic Breach
Cronos Network has halted all operations following a $75 million exploit of the Tectonic lending protocol, leaving significant funds immobilized on the blockchain.
Mercation Admin4 min - News
FSB Warns G20 Finance Ministers About AI Risks to Financial Systems
Andrew Bailey of the FSB has warned G20 finance leaders about the cybersecurity risks posed by advanced AI models, stressing the need for secure deployment.
Mercation Admin1 min - Crypto
Zakura Accelerates Preparation Time for Private Zcash Transactions to 200 ms
Zakura has launched new libraries that significantly reduce the preparation time for private Zcash transactions, enhancing speed and efficiency.
Mercation Admin2 min - News
Bank of Russia Launches Digital Ruble Initiative
The Bank of Russia has initiated the digital ruble, allowing banks to facilitate transactions starting September 1, 2023.
Mercation Admin1 min - Crypto
Cronos Network Suspends Operations Following Tectonic Exploit
Cronos Network has suspended its operations due to an exploit in the Tectonic protocol, which is linked to significant financial losses.
Mercation Admin1 min - News
Ex-White House Teleprompter Operator Penalized for Insider Trading in Prediction Markets
Gabriel Perez, a former White House teleprompter operator, was fined $172,000 for insider trading linked to presidential speech prediction markets.
Mercation Admin2 min - News
Polygon Addresses Security Vulnerabilities with Two Hard Forks
Polygon Labs has patched several security vulnerabilities through two hard forks, ensuring network safety before public disclosure.
Mercation Admin2 min - Crypto
Bitcoin ETFs Experience Outflows as Ethereum Funds Continue to Gain
Bitcoin ETFs saw significant outflows while Ethereum funds continued to attract investments, highlighting diverging trends in the cryptocurrency ETF market.
Mercation Admin3 min - Crypto
Strategy's Bitcoin Holdings Surge to $2.8 Billion Profit—Is Saylor Ready to Buy Again?
Michael Saylor's Strategy has reached a paper profit of $2.8 billion as Bitcoin prices rise, prompting speculation about potential new purchases after a two-month pause.
Mercation Admin2 min