News
Editorial-quality coverage of global financial markets, policy, and macro trends.
- News
Report: The U.S. Maintains an Edge Over China in the Quantum Race
The U.S. maintains a slight edge over China in quantum technologies, but the gap is narrowing, according to a new report from the SCSP.
Mercation Admin4 min - News
Judge Dismisses xAI's Trade Secret Lawsuit Against OpenAI
A federal judge has dismissed xAI's trade secret lawsuit against OpenAI, stating it lacked sufficient evidence of wrongdoing.
Mercation Admin2 min - News
Pudgy Penguins NFT Game ‘Pudgy Party’ Closes Less Than a Year After Launch
Pudgy Party, the mobile NFT game linked to Pudgy Penguins, has been shut down after less than a year, with the team focusing on Pudgy World instead.
Mercation Admin3 min - News
A $1 Million Bet on Spain's World Cup Match Ends in Loss
A Polymarket trader lost $1 million betting on Spain to win against Cape Verde, which ended in a 0-0 draw. Another user profited significantly from betting against Spain.
Mercation Admin4 min - News
Rio de Janeiro's AI Model Outperforms DeepSeek Amid Ownership Controversy
Rio de Janeiro's IplanRIO launched an AI model that initially claimed to outperform major competitors, but was later revealed to be based on existing models from Nex and Qwen.
Mercation Admin7 min - Crypto
Standard Chartered Predicts Uniswap Token Could Rise 40x by 2030
Standard Chartered predicts Uniswap's UNI token could rise nearly 40x by 2030, driven by Wall Street's shift to blockchain assets.
Mercation Admin2 min - Crypto
Ventuals Exits Hyperliquid, Halting OpenAI and Anthropic Markets
Ventuals is shutting down its markets for OpenAI and Anthropic on Hyperliquid and will be joining another project in the ecosystem.
Mercation Admin3 min - News
Anthropic Hit with Class Action Lawsuit Over Claude AI Pricing Claims
Anthropic is facing a class action lawsuit claiming it misled customers about the usage limits of its Claude Max AI subscription plans.
Mercation Admin3 min - Crypto
Forward Industries Pursues Rivals in Solana Treasury Space, But Faces Rejections
Forward Industries made acquisition attempts on rival Solana treasury firms but faced rejections, causing shares in all firms to rise amid a cryptocurrency market surge.
Mercation Admin2 min - News
Canadian PM Calls for AI Diversification Following US Anthropic Ban, Decentralized Tokens Surge
Canadian PM Mark Carney warns against reliance on few AI providers after the US ordered Anthropic to disable advanced models, advocating for diversification in AI technology.
Mercation Admin3 min - Crypto
Strategy Increases Cash Reserves and Bitcoin Holdings for Second Week
Strategy has raised its cash reserves to $1.1 billion and increased its Bitcoin holdings to 846,842 BTC, despite facing significant losses overall.
Mercation Admin3 min - News
One Arrested for Crypto-Related ‘Wrench Attack’ in France
A man has been indicted in Nancy for a violent robbery attempt on a couple, targeting their cryptocurrency holdings after a data breach exposed their information.
Mercation Admin3 min