News
Editorial-quality coverage of global financial markets, policy, and macro trends.
- Crypto
Fogo Halts Mainnet After 400 Million FOGO Incident
Fogo has paused its mainnet after 400 million FOGO tokens were acquired by an unauthorized party, prompting a network upgrade to prevent further issues.
Mercation Admin1 min - Crypto
Old Bitcoin Wallets Move 553.59 BTC Worth $40 Million
Six dormant Bitcoin wallets, inactive since 2011-2014, transferred 553.59 BTC worth around $40 million between August 16-26.
Mercation Admin1 min - News
Sony Music and Warner Chappell Initiate Billion-Dollar Lawsuit Against Anthropic
Sony Music and Warner Chappell have filed a lawsuit against Anthropic, seeking billions for alleged copyright violations involving AI training.
Mercation Admin1 min - Crypto
BitGo Acquires NYDIG's Trading Business for $42.5 Million
BitGo has acquired NYDIG's trading business for $42.5 million, enhancing its services and retaining key personnel.
Mercation Admin1 min - News
Cosmos Labs Acknowledges Mistake Following Attacks on Six Blockchains
Cosmos Labs admits a serious oversight led to attacks on six blockchains, resulting in losses of $5.7 million. The company is taking steps to improve security protocols.
Mercation Admin2 min - News
Bernie Sanders Commits to Legislation Against Flock Safety and AI Surveillance
Senator Bernie Sanders plans to introduce legislation against Flock Safety, warning about the risks of AI surveillance technology leading to totalitarianism.
Mercation Admin2 min - Crypto
Surge in Activity Among Bitcoin's Oldest Coins Observed in 2026
Galaxy Research reveals a notable increase in activity among Bitcoin's oldest coins in 2026, with significant movements observed this year.
Mercation Admin3 min - News
OpenAI to End Partnership with Cursor Following SpaceX Acquisition
OpenAI plans to end its partnership with Cursor due to its acquisition by SpaceX, raising concerns over compliance with licensing requirements.
Mercation Admin2 min - Crypto
BitGo Acquires NYDIG's Institutional Trading Division for $42.5 Million
BitGo has acquired NYDIG's institutional trading business for $42.5 million, enhancing its service offerings for professional clients in the digital asset market.
Mercation Admin2 min - Crypto
Bitcoin Drops Below $78,000 Following Fed Chair's Speech
Bitcoin's price fell below $78,000 after Federal Reserve Chair Kevin Warsh's speech, with Ethereum also declining. Market expectations for a rate hike increased significantly.
Mercation Admin2 min - News
US Cities Begin Imposing Restrictions on Data Center Construction
Austin joins other U.S. cities in limiting data center construction due to environmental concerns over water and energy use.
Mercation Admin1 min - News
Meta Begins Testing Robots in Data Centers
Meta is testing robots in its data centers for technical tasks, sparking concerns among employees about job security as automation increases.
Mercation Admin2 min