News
Editorial-quality coverage of global financial markets, policy, and macro trends.
- News
Indonesia Blocks Access to Polymarket Over Gambling Violations
Indonesia has blocked Polymarket for violating local gambling laws, citing the platform's betting on uncertain outcomes, including the early departure of President Prabowo Subianto.
Mercation Admin2 min - News
StepFun's Voice AI Achieves Top Scores in Benchmarks
StepFun's StepAudio 2.5 Realtime voice AI surpasses competitors in recent benchmarks, showcasing advanced persona stability and emotional comprehension capabilities.
Mercation Admin3 min - News
Crypto Tax Reform Is Essential for Clarity Act Adoption
The Clarity Act is poised to reshape U.S. crypto regulation, but without tax reform, adoption may falter, warns Robin Singh.
Mercation Admin5 min - News
China Enforces Travel Restrictions on AI Professionals at Private Companies
China now requires some AI professionals at private firms to get approval before traveling abroad, tightening state control over a vital technology sector.
Mercation Admin2 min - Stocks
TeraWulf's Stock Soars 13% Following AI Data Center Announcement in Kentucky
TeraWulf's stock surged by 13% after announcing plans for a new 1 gigawatt AI data center in Kentucky, highlighting the growing demand for AI infrastructure.
Mercation Admin2 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 - News
Bitcoin Lags as Markets Rally on Iran Peace Optimism
Markets are reacting positively to President Trump's announcement of a potential peace agreement with Iran, while bitcoin and other cryptocurrencies remain stagnant.
Mercation Admin1 min - Crypto
Bitcoin Firm Strategy Reduces Cash Reserves by 61% for Debt Buyback
Strategy significantly reduced its cash reserves by 61% to repurchase $1.5 billion in debt, while its Bitcoin holdings remain intact.
Mercation Admin2 min - News
Altman Questions the 'Job Apocalypse' Due to AI
Sam Altman, CEO of OpenAI, believes AI is unlikely to cause a global job apocalypse, contrary to earlier expectations.
Mercation Admin1 min - News
Crypto Sector Challenges Senator Warren's Allegations on Bank Charter Approvals
The crypto industry is contesting Senator Warren's claims that recent bank charter approvals for firms like Coinbase and Ripple are illegal, citing Congressional support for such actions.
Mercation Admin2 min - News
Strategy Repurchases $1.5 Billion of Its Own Bonds
Strategy has repurchased $1.5 billion of its convertible bonds, reducing total debt to $6.7 billion and increasing Bitcoin yield per share.
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