News
Editorial-quality coverage of global financial markets, policy, and macro trends.
- Crypto
StablR Halts USDR and EURR Services Following $13.5 Million Token Minting Attack
StablR has suspended its USDR and EURR operations following a cyberattack that resulted in the minting of $13.5 million in unbacked tokens, leading to significant losses.
Mercation Admin3 min - Crypto
Stablecoin Market Capitalization Surpasses Reserves of 95 Countries
The market capitalization of stablecoins has reached $323 billion, surpassing the reserves of 95 countries, including the UK and Canada.
Mercation Admin1 min - Crypto
Stablecoin Market Value Hits $322 Billion, Surpassing 95 Nations' FX Reserves
The stablecoin market has reached a historic valuation of $322 billion, surpassing the FX reserves of 95 nations, including the UK and Canada.
Mercation Admin4 min - Crypto
XRP Falls Below $1.35 as Triangle Breakdown Draws Attention to $1.30 Support
XRP has fallen below $1.35 after a failed breakout, drawing traders' attention to the critical $1.30 support level.
Mercation Admin3 min - Crypto
Georgia Partners with Tether to Launch Official Stablecoin GELT
Tether is set to launch GELT, a stablecoin pegged to the Georgian Lari, in collaboration with the Georgian government, aiming to establish the country as a crypto hub.
Mercation Admin2 min - Crypto
Hyperliquid Positioned as a Competitor to Conventional Exchanges and Prediction Markets, According to FalconX
FalconX reveals that Hyperliquid is expanding into pre-IPO markets and prediction contracts, challenging traditional exchanges and raising concerns among Wall Street.
Mercation Admin4 min - Crypto
MoonPay Integrates Crypto Purchasing in ChatGPT
MoonPay has launched an app within ChatGPT, enabling users to purchase cryptocurrencies directly through the chatbot while still completing KYC processes.
Elena Volkov3 min - News
Crypto Rails Becoming Primary Payment Layer for AI Agents
Keyrock's new report highlights the shift towards stablecoins as the primary payment method for AI agents, amid challenges faced by traditional payment systems.
Elena Volkov4 min - Crypto
Satoshi Loses: Why 37 European Banks Need Their Own Cryptocurrency
This article explores the implications of quantum computing on cryptocurrencies, the rise of stablecoins among European banks, and the evolving landscape of AI.
Marcus Reid1 min - Crypto
StablR's EURR and USDR Stablecoins Lose Peg After $2.8 Million Hack
StablR's stablecoins EURR and USDR lost their peg after a hack that stole $2.8 million, raising concerns about key management and response times.
Sarah Chen1 min - Crypto
HTX's Monthly Futures Volume Approaches $100 Billion
HTX's April report reveals a surge in futures trading volume nearing $100 billion and significant growth in stablecoin reserves and new token listings.
James Park2 min - Crypto
Kraken Obtains VARA License to Operate in Dubai
Kraken has received regulatory approval from VARA to operate in Dubai, offering services like trading and staking to UAE clients.
Mercation Admin2 min