News
Editorial-quality coverage of global financial markets, policy, and macro trends.
- Crypto
$36 Million Theft Linked to Compromised Laptop for Multisig Wallet
A breach of an employee's laptop has led to the theft of over $36 million in H tokens from Humanity Protocol, highlighting severe security flaws.
Mercation Admin4 min - News
Amazon Employees Back Moratorium on Data Centers in Seattle
Amazon employees support a year-long moratorium on new data centers in Seattle, citing significant energy demands from proposed projects.
Mercation Admin1 min - Crypto
Morning Minute: Saylor Returns to Bitcoin Buying
Michael Saylor has resumed significant Bitcoin purchases, investing $100 million last week, while Tom Lee made a notable Ethereum buy of $214 million.
Mercation Admin5 min - Crypto
Bitcoin's recent rise lacks bullish momentum, with $68,000 to $80,000 as critical levels
Bitcoin's recent price bounce is not indicative of a bullish trend, with key resistance levels identified between $68,000 and $80,000, according to analysts.
Mercation Admin4 min - Crypto
Humanity Protocol Suffers $36M Loss After Key Compromise, Token Plummets 73%
Humanity Protocol's H token plummeted over 73% after a security breach led to the theft of more than $36 million due to compromised private keys.
Mercation Admin4 min - Crypto
Strategy's bitcoin acquisition fails to impact BTC price
Bitcoin's price remains stable around $62,600 despite Strategy's recent acquisition of 1,550 BTC, as investors await U.S. inflation data and the Fed meeting.
Mercation Admin5 min - News
Strategy to Pay STRC Dividends Twice a Month
Strategy will now pay dividends on STRC twice a month, starting June 15.
Mercation Admin1 min - Crypto
Circle Launches cirBTC on Ethereum to Compete with Coinbase in Wrapped Bitcoin Market
Circle has launched cirBTC, a token fully backed by Bitcoin, to allow traders to leverage their Bitcoin holdings in DeFi protocols, directly competing with Coinbase.
Mercation Admin3 min - Crypto
USDT's Golden Cross Signals Caution for Bitcoin Investors
The emergence of a golden cross on USDT's dominance chart suggests caution for bitcoin holders, as it indicates a shift towards more stable assets.
Mercation Admin4 min - News
Study: Businesses Unprepared for Rising AI Demands
A study reveals that only 29% of large companies feel equipped to handle increasing AI demands, despite 77% prioritizing AI at the board level.
Mercation Admin1 min - Crypto
Coinbase and Cardless Launch Credit Card Backed by Stablecoins
Coinbase and Cardless have unveiled a credit card that allows stablecoin holders to use their assets as collateral for credit, aimed at those unable to secure traditional credit cards.
Mercation Admin2 min - Crypto
Ethereum Surpasses Bitcoin in Daily Growth
In the past 24 hours, Ethereum outperformed Bitcoin with a growth of 1.4% compared to Bitcoin's 0.6%.
Mercation Admin1 min