News
Editorial-quality coverage of global financial markets, policy, and macro trends.
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Ethereum Foundation Reduces Workforce by 20% in Streamlining Effort
The Ethereum Foundation has announced a 20% workforce reduction, letting go of 54 employees as part of a restructuring aimed at efficiency and focus.
Mercation Admin2 min - News
Researchers Enhance Logical Qubit Fidelity to 96% on IBM Heron
Researchers from the University of Sydney and IBM have improved the survival rate of logical qubits to 96% through a new error correction mechanism.
Mercation Admin1 min - News
Ethereum Foundation to Reduce Budget by 40% Amid Leadership Changes
Vitalik Buterin announced a 40% budget cut for the Ethereum Foundation, coinciding with significant staff reductions and leadership changes.
Mercation Admin3 min - News
European Parliament Committee Supports Digital Euro Bill
The European Parliament's Economic Committee has backed the digital euro bill, aiming to create an ECB-issued electronic currency for online and offline use.
Mercation Admin2 min - Crypto
Deutsche Bank Attributes Bitcoin's Decline to Fed, ETF, and AI Factors
Deutsche Bank attributes Bitcoin's recent decline to pressures from the Fed, ETF outflows, and a shift towards AI investments.
Mercation Admin4 min - News
Experts Explain the CBDC Ban for the U.S. Federal Reserve
The U.S. Senate has approved a bill banning the Federal Reserve from issuing a digital dollar until 2030, reflecting a significant stance against CBDCs.
Mercation Admin3 min - Crypto
Virell Trade Launches Stabliq Wallet for Stablecoin Transactions
Virell Trade has introduced Stabliq Wallet, a non-custodial wallet for stablecoin transactions on Ethereum and TRON, allowing fee payments without holding native tokens.
Mercation Admin1 min - News
The SEC's Delay on Stock Tokenization: A Necessary Breather
The SEC's decision to delay tokenizing U.S. stocks is a welcome pause, allowing for the development of better compliance systems, argues Dr. Ravishankar Chamarajnagar.
Mercation Admin6 min - Crypto
Benchmark Calls Comparison of STRC Strategy to UST Terra Incorrect
Benchmark's Mark Palmer stated that comparing STRC to UST Terra is misleading, emphasizing STRC's nature as preferred shares, not a stablecoin.
Mercation Admin1 min - News
Ethereum Foundation lays off 20% of workforce amid leadership shifts
The Ethereum Foundation is undergoing a significant workforce reduction, cutting 20% of its staff due to extensive leadership changes and a restructuring of its strategic focus.
Mercation Admin3 min - News
Thailand Broadens Investigation into $300 Million Chinese Laundering Scheme
Thailand's DSI broadens its investigation into a $300 million money laundering network tied to illegal crypto mining, seizing over 6,390 rigs in the process.
Mercation Admin2 min - News
Former BIS Chief Envisions Coexistence of Stablecoins and Fiat
Agustin Carstens, former BIS chief, suggests stablecoins can coexist with fiat money, emphasizing the need for regulatory coordination for global interaction.
Mercation Admin2 min