News
Editorial-quality coverage of global financial markets, policy, and macro trends.
- News
Anthropic Collaborates with NSA for Cyber Operations While Advocating for AI Pause
Anthropic has stationed engineers at the NSA to enhance its Mythos AI for cyber operations while advocating for a global pause on AI advancements due to risks of recursive self-improvement.
Mercation Admin3 min - Crypto
Bitcoin Drops Below $60K Amid Strong Jobs Data and Zcash Vulnerability
Bitcoin fell below $60K for the first time in 2024, driven by strong jobs data and Zcash's security issues, with major coins also seeing significant declines.
Mercation Admin2 min - News
Lawmaker Warns Government Stablecoin Payments Could Encourage Tax Evasion
Rep. Brad Sherman cautions that government stablecoin payments could promote tax evasion, opposing NCUA Chairman Kyle Hauptman's proposal to use them for faster payments.
Mercation Admin3 min - Crypto
Hyperliquid Faces Scrutiny Following FCA Warning on Crypto Perps
Hyperliquid faces scrutiny after the UK FCA warns it is unauthorized, raising concerns about crypto perpetual futures amid regulatory focus.
Mercation Admin2 min - Macro
U.S. Job Growth Exceeds Expectations, Paving the Way for Fed Rate Increases
In May, the U.S. economy added 172,000 jobs, significantly exceeding expectations and bolstering the case for Federal Reserve interest rate hikes.
Mercation Admin2 min - Crypto
ZCash Vulnerability Discovered, Impact Remains Uncertain
A significant vulnerability in Zcash's Orchard privacy pool has been identified, potentially allowing unlimited counterfeit ZEC to be created. The extent of any exploitation remains uncertain.
Mercation Admin5 min - Crypto
Bitcoin Struggles Below $62,000 Amid Strong Jobs Data and Zcash Bug
Bitcoin remains under $62,000 as Zcash suffers a 40% drop due to a critical bug, while strong U.S. jobs data raises expectations for Fed rate hikes.
Mercation Admin3 min - Crypto
Bitcoin Sentiment Shows Extreme Fluctuations Amid Price Changes
Recent analysis indicates that Bitcoin sentiment has fluctuated significantly, showing extreme bullishness at price peaks and bearishness at lows, reflecting investor psychology.
Mercation Admin4 min - News
JPMorgan, Bank of America, Citi to Launch Collaborative Tokenized Network
JPMorgan, Bank of America, and Citi are set to introduce a shared tokenized deposit network by 2027 to counter stablecoin risks to their deposits.
Mercation Admin3 min - Crypto
Grayscale Calls Bitcoin Sale by Strategy a 'Stress Test'
Grayscale labels Strategy's recent Bitcoin sale as a 'stress test' for its financial model, raising concerns about its aggressive accumulation strategy.
Mercation Admin1 min - News
Anthropic: AI is Already Creating AI, While Human Oversight May Be a Limitation
Anthropic's latest report reveals AI is significantly contributing to its own development, suggesting human oversight may be the main barrier to progress.
Mercation Admin3 min - News
Rep. Bryan Steil Proposes Including Prediction Markets in Congressional Stock Ban Bill
Rep. Bryan Steil plans to amend the stock ban bill to include prediction markets like Polymarket and Kalshi, amidst a broader federal scrutiny.
Mercation Admin2 min