News
Editorial-quality coverage of global financial markets, policy, and macro trends.
- News
Polymarket's $1.9M Fake Betting Scandal Uncovered by WSJ
A Wall Street Journal investigation reveals that Polymarket's fake betting campaign involved $1.9 million in fictitious wagers promoted by influencers.
Mercation Admin3 min - News
IBM Identifies Business Readiness as Key to Quantum Advantage
IBM's report highlights business readiness as crucial for achieving quantum advantage, emphasizing practical applications over theoretical benchmarks.
Mercation Admin3 min - Crypto
Bank of England Softens Stance on Stablecoin Regulations, Imposes $50 Billion Limit
The Bank of England has revised its stance on stablecoin regulations, removing individual and corporate holding limits while imposing a £40 billion issuance cap.
Mercation Admin4 min - News
Bank of England Approves Framework for Systemic Stablecoins in Pounds
The Bank of England has unveiled new regulations for systemic stablecoins, easing collateral requirements and setting an issuance cap.
Mercation Admin1 min - Crypto
Validators Proposed to Redirect Up to 10% of Rewards to Ethereum Development
A new proposal suggests redirecting up to 10% of Ethereum staking rewards to fund ecosystem development, aiming to address underfunding issues.
Mercation Admin1 min - Crypto
Geopolitical Stability and the Warsh Fed: Upcoming Crypto Insights
This week in crypto includes geopolitical developments and key macroeconomic events that could impact digital asset markets, amidst a backdrop of U.S.-Iran peace.
Mercation Admin4 min - Crypto
Taiko Suspends Ethereum Layer-2 Network Following Exploit, Token Drops
Taiko has suspended its Ethereum layer-2 network after a bridge exploit resulted in a theft of approximately $1.7 million, causing its token to decline sharply.
Mercation Admin4 min - Crypto
Analyst Predicts Bitcoin Could Drop to $54,000 Amid Bear Flag Formation
A prominent analyst warns that Bitcoin could drop to $54,000, citing a bear flag pattern that may lead to further declines.
Mercation Admin3 min - Crypto
Morgan Stanley Lowers Fee to 0.14% for ETH and SOL ETFs
Morgan Stanley has reduced the management fee for its Ethereum and Solana ETFs to 0.14%, undercutting competitors like Grayscale and Franklin Templeton.
Mercation Admin1 min - Crypto
MSUSD Stablecoin Loses Dollar Peg
The MSUSD stablecoin from Main Street has lost its dollar peg, causing significant market turmoil and prompting the closure of the Altura fund.
Mercation Admin1 min - News
WSJ: Polymarket Paid for Staged Betting Videos
Polymarket reportedly paid content creators for fake betting videos to promote its platform, as revealed by The Wall Street Journal.
Mercation Admin1 min - Crypto
Bitcoin Remains Around $64,000 as ETF Outflows Extend to Six Weeks
Bitcoin is trading near $64,000 as spot ETF outflows continue for six weeks, with institutions remaining cautious amid a strong dollar and tight liquidity.
Mercation Admin1 min