News
Editorial-quality coverage of global financial markets, policy, and macro trends.
- Crypto
CFTC Requests Dismissal of CME's Lawsuit Regarding Crypto Perpetual Futures
The CFTC has requested the dismissal of CME's lawsuit challenging its approval of cryptocurrency perpetual futures, stating no financial harm has been demonstrated.
Mercation Admin3 min - Crypto
Bitcoin Surges as Fed Hints at Rate Freeze, $415 Million in Shorts Liquidated
Bitcoin's value surged past $80,000 as the Fed hinted at maintaining interest rates, prompting over $415 million in liquidated short positions in the crypto market.
Mercation Admin4 min - News
Michigan Court Halts Kalshi Sports Betting, Imposes $500K Daily Fine
A Michigan judge has issued an injunction against Kalshi, banning its sports betting operations in the state and imposing a $500,000 daily fine for non-compliance.
Mercation Admin2 min - News
AI Researchers Warn About Astra's Reduced Observability Risks
AI researchers have raised alarms about the monitoring challenges posed by OpenAI's Astra model, citing its use of 'recurrent depth' that may reduce transparency.
Mercation Admin3 min - News
Pentagon AI Executive Cashes In Millions from Perplexity Stock
Emil Michael, a Pentagon official, sold his Perplexity AI shares for millions, marking his third significant AI stock sale this year amid ongoing controversies.
Mercation Admin3 min - Crypto
Strategy CEO Stands by Decision to Sell Bitcoin at $60K Before Higher Purchase
Strategy's CEO Phong Le defends the decision to sell Bitcoin at $60K and later repurchase at a higher price, citing financial strategy over market speculation.
Mercation Admin2 min - Crypto
Bitcoin's Potential for a Flash Crash: Understanding the 'Bart Simpson' Pattern
Bitcoin's recent price movements have stirred discussions of a potential flash crash, particularly relating to the so-called 'Bart Simpson' pattern among traders.
Mercation Admin5 min - News
OpenAI's Astra Achieves 'Critical' Status in Cybersecurity
OpenAI's Astra model has achieved a 'Critical' rating for cybersecurity, marking a significant advancement in AI's hacking capabilities.
Mercation Admin3 min - News
OpenClaw 2.0 Launches: Key Changes and Competitive Landscape
OpenClaw has launched version 2.0, featuring significant updates including a new browser app and multiplayer sessions, amidst growing competition from Hermes Agent.
Mercation Admin4 min - News
X Users Report Unsolicited Password Reset Emails Amid Security Concerns
X users are inundated with unsolicited password reset emails and login alerts, prompting concerns about account security and potential breaches.
Mercation Admin5 min - News
Texas Governor Halts Funding for Flock Surveillance Cameras Amid Growing Backlash
Texas Governor Greg Abbott has ordered state agencies to stop funding Flock Safety's surveillance cameras amidst rising public and political opposition.
Mercation Admin3 min - News
Strive Acquires $143 Million in Bitcoin as Treasury Firms Reinvest
Strive has acquired an additional 1,800 BTC for approximately $143 million, bringing its total Bitcoin holdings to 23,156 BTC valued at around $1.76 billion.
Mercation Admin2 min