News
Editorial-quality coverage of global financial markets, policy, and macro trends.
- News
Ripple's Investment in Flutterwave Enhances Payments with Stablecoin and XRP Ledger
Ripple has invested in Flutterwave, raising its valuation to $3.2 billion and aiming to enhance cross-border payments in Africa using stablecoins.
Mercation Admin3 min - News
SpaceX to Acquire Cursor for $60 Billion
SpaceX has agreed to buy AI service Cursor for $60 billion, with the deal expected to close in Q3 2026, pending regulatory approvals.
Mercation Admin1 min - News
Robinhood Reduces Workforce by 10% Due to Declining Crypto Revenue
Robinhood is cutting 10% of its workforce in response to a 34% drop in crypto revenue, as CEO Vlad Tenev emphasizes the need for a leaner organization.
Mercation Admin2 min - Crypto
Coinbase Enters Tokenized Stock Market with Onchain Shares and Dividends
Coinbase is set to launch tokenized stocks backed by U.S. equities, enabling users to trade and hold shares on the blockchain while receiving dividends.
Mercation Admin4 min - News
Claude Narrows Gap with ChatGPT Among Singapore Startups
Claude's popularity among Singapore startups has surged, with a 258% increase in paying clients and a significant rise in spending, according to Aspire.
Mercation Admin1 min - Crypto
Binance Claims Compliance of EU Regulatory Application Amid Greek Rejection Report
Binance asserts that its application for a European regulatory license is compliant, despite reports of a potential rejection by the Greek regulator HCMC.
Mercation Admin3 min - Crypto
Ethereum's Major Upgrade Glamsterdam Enters Final Development Phase
Ethereum's Glamsterdam upgrade is now in its final development phase, with testing beginning on the fork's version as the team prepares for a launch later this year.
Mercation Admin4 min - Crypto
State Street Launches Fund Compliant with GENIUS Act
State Street has launched a money market fund tailored for stablecoin issuers, compliant with the upcoming GENIUS Act.
Mercation Admin1 min - Crypto
State Street Launches New Money Market Fund Targeting Stablecoin Reserves
State Street has launched a new money market fund aimed at stablecoin issuers, intensifying competition in the growing stablecoin reserve management market.
Mercation Admin4 min - Crypto
BlackRock Launches Bitcoin ETF with Options Strategy
BlackRock has launched the iShares Bitcoin Premium Income ETF (BITA), combining spot Bitcoin exposure with an active options strategy.
Mercation Admin1 min - News
Robinhood Restructures Management and Cuts Workforce by 10%
Robinhood has laid off 10% of its workforce to streamline management, while continuing to expand its operations and invest in technology.
Mercation Admin1 min - Crypto
IMF Warns of Heightened Risks from Nigeria's Stablecoin Adoption
The IMF has raised alarms over the rapid adoption of stablecoins in Nigeria, citing increased risks such as digital dollarization and illicit finance.
Mercation Admin2 min