News
Editorial-quality coverage of global financial markets, policy, and macro trends.
- Crypto
OpenZeppelin Warns of DeFi Vulnerabilities Due to AI Advances
OpenZeppelin's Manuel Aráoz warns that the DeFi sector is unsafe due to AI advancements, urging users to close their positions in major protocols.
Mercation Admin1 min - Crypto
OpenZeppelin CEO Declares DeFi Unsafe Due to AI Hacking Threats
OpenZeppelin's CEO warns that AI advancements have rendered DeFi platforms highly vulnerable, amid a significant drop in total value locked and increasing hacking incidents.
Mercation Admin3 min - Crypto
XRP Holds Steady Around $1.32 Amidst Failed Breakout and Tightening Trading Range
XRP is currently trading around $1.32 after failing to break out past $1.36, remaining within a narrowing range that traders are closely monitoring.
Mercation Admin3 min - Crypto
New AMM Amendment May Bridge Major DeFi Gap for XRPL
A new proposal for the XRP Ledger's automated market maker seeks to introduce three new curve types, enhancing liquidity providers' options and addressing a significant gap in XRPL DeFi.
Mercation Admin4 min - Crypto
Kelp Fully Restores rsETH Token Collateral
The Kelp protocol has successfully restored the collateral for the rsETH token after a major hack, sending the final tranche of funds to the smart contract.
Mercation Admin1 min - Crypto
Crypto Fund Outflows Surge to $1.47 Billion
Cryptocurrency funds saw outflows of $1.47 billion from May 18 to 22, marking a significant decline for the second week in a row, according to CoinShares.
Mercation Admin1 min - Crypto
Fake Uniswap Ads on Google Scammed $400,000
Scammers have exploited Google ads to impersonate Uniswap, stealing over $400,000 in cryptocurrency from users.
Mercation Admin1 min - Crypto
XRP Falls Below $1.35 as Triangle Breakdown Draws Attention to $1.30 Support
XRP has fallen below $1.35 after a failed breakout, drawing traders' attention to the critical $1.30 support level.
Mercation Admin3 min - Crypto
NEAR Token Surges 15% as Cross-Chain Activity Increases
NEAR token experiences a 15% surge to $2.8, driven by cross-chain activity and upcoming upgrades.
Mercation Admin3 min - Crypto
Squid Denies Involvement in $3 Million Contract Hack
Squid developers deny involvement in a $3 million hack of the SquidRouterModule contract, clarifying it was a third-party issue unrelated to their core protocol.
Mercation Admin2 min - Crypto
Developers Propose Private Transactions for Ethereum
Tom Lehman proposes EIP-8182 for Ethereum's Hegota upgrade, introducing private transaction pools for Ether and ERC-20 tokens.
Mercation Admin1 min - Crypto
MoonPay Integrates Crypto Purchasing in ChatGPT
MoonPay has launched an app within ChatGPT, enabling users to purchase cryptocurrencies directly through the chatbot while still completing KYC processes.
Elena Volkov3 min