News
Editorial-quality coverage of global financial markets, policy, and macro trends.
- News
Arrests of Advanced Scammers in Odessa, Hidden GPU Miner, and Other Cybersecurity Events
This week in cybersecurity: new scams targeting crypto companies, hidden GPU miners, and a major data breach at Carnival Corporation affecting 6 million customers.
Mercation Admin6 min - News
JP Morgan's Jamie Dimon Criticizes Coinbase's CEO Over Clarity Act
JP Morgan's Jamie Dimon criticized Coinbase's Brian Armstrong over the Clarity Act, claiming Armstrong is the sole advocate spending heavily on it.
Mercation Admin3 min - News
US Treasury Secretary Bessent Announces $1 Billion in Crypto Seized from Iran
Treasury Secretary Scott Bessent announced the U.S. has seized about $1 billion in cryptocurrencies linked to Iran amid ongoing military tensions.
Mercation Admin2 min - News
Celsius Founder Alex Mashinsky Seeks to Overturn 12-Year Fraud Sentence
Alex Mashinsky, founder of Celsius, has filed to overturn his 12-year prison sentence, citing ineffective legal counsel as a key reason for his appeal.
Mercation Admin2 min - Crypto
Dimon Intensifies Criticism of Stablecoin Rewards in CLARITY Act Discussion
JPMorgan's Jamie Dimon warns the CLARITY Act may fail without addressing banks' concerns on stablecoin rewards, escalating tensions with Coinbase.
Mercation Admin4 min - Stocks
Lenovo Shares Double in May Driven by AI Server Surge—Best Month in 27 Years
Lenovo's stock soared 109% in May, its best month since 1999, driven by record earnings and a surge in AI-related revenue.
Mercation Admin3 min - News
ICE Engages with Hyperliquid to Explore Crypto Derivatives
ICE CEO Jeffrey Sprecher discusses the collaboration between ICE and Hyperliquid, exploring the implications of perpetual futures in traditional markets.
Mercation Admin3 min - News
CFTC Approves First Regulated Bitcoin Perpetual Futures at Kalshi and Coinbase
The CFTC has approved the first regulated bitcoin perpetual futures contracts for U.S. firms, allowing Kalshi to offer these products and facilitating Coinbase's global connections.
Mercation Admin6 min - Crypto
ICE CEO Jeffrey Sprecher Claims Hyperliquid Surpasses NASDAQ
ICE CEO Jeffrey Sprecher claims Hyperliquid's trading activity surpasses NASDAQ, highlighting its innovative 24/7 operations and regulatory implications.
Mercation Admin4 min - News
Ex-Police Officers in Ukraine Accused of Kidnapping Crypto Investors for Millions
Ukrainian ex-police officers are accused of kidnapping crypto entrepreneurs to extort over $2.2 million, employing violence and intimidation in their scheme.
Mercation Admin3 min - Crypto
Bitcoin Struggles as ETF Outflows Hit Record Ninth Day, Indicating Decreased Demand
Bitcoin is currently facing challenges, with a record nine consecutive days of ETF outflows indicating a decline in demand, while it stabilizes around $73,500.
Mercation Admin3 min - News
Paxos Achieves SEC Clearing Agency Registration
Paxos Securities Settlement Company has secured SEC registration as a clearing agency, making it the only blockchain-native firm authorized as a central securities depository in the U.S.
Mercation Admin2 min