News
Editorial-quality coverage of global financial markets, policy, and macro trends.
- News
CFTC and Gemini Seek to Overturn $5 Million Settlement
The CFTC and Gemini have jointly filed a motion to reverse a $5 million settlement from January 2025, citing flaws in the original complaint.
Mercation Admin2 min - Crypto
Fund Manager Cautions Bitcoin May Drop Further Amid $150 Billion Treasury Move
Fund manager Michael Kramer warns Bitcoin's price may decline further due to a $150 billion liquidity drain from upcoming U.S. Treasury operations.
Mercation Admin3 min - News
Crypto Cash Fuels New Political Allies in Congress as PACs Shift Focus
The cryptocurrency sector is increasingly backing Republican candidates, with significant PAC spending leading to political victories in Texas and beyond, reshaping the landscape ahead of the midterms.
Mercation Admin9 min - News
Researchers Warn AI Chatbots Might Distort Users' Reality
A study highlights the potential for AI chatbots to distort users' perceptions of reality, introducing the term "existential drift" to describe this phenomenon.
Mercation Admin3 min - News
Stan Lee's Voice and Likeness Revived by AI Technology
Stan Lee's voice and likeness have been licensed by ElevenLabs for AI use, including a new book club and music filters, following similar deals with other celebrities.
Mercation Admin2 min - Crypto
United Texas Bank Emerges as New Competitor to Wall Street in Crypto
United Texas Bank has transitioned to a national charter, aiming to connect the crypto sector with the U.S. banking system and introduce new AI-driven payment solutions.
Mercation Admin6 min - News
OpenAI Foundation Commits $250 Million to Address AI-Driven Economic Changes
The OpenAI Foundation has pledged $250 million to help society adapt to the economic impacts of AI, focusing on worker transitions and economic security.
Mercation Admin2 min - News
YouTube Enhances AI Content Labels as Google Introduces Video Remix Tools
YouTube is enhancing the visibility of AI content labels while introducing new editing tools powered by AI, aiming to improve transparency for viewers and creators alike.
Mercation Admin2 min - Crypto
SoFi Unveils SoFiUSD Stablecoin on Ethereum and Solana
SoFi has launched SoFiUSD, the first stablecoin from a U.S. national bank, allowing users to transact directly within its banking app.
Mercation Admin2 min - News
BIS Project Reveals Tokenization Can Enhance Cross-Border Payments
A BIS-led initiative indicates that tokenization could significantly enhance the efficiency and safety of cross-border payments.
Mercation Admin3 min - Crypto
Jefferies Projects Crypto IPOs Could Lead to $1 Trillion Market
Jefferies predicts a wave of crypto IPOs could create a $1 trillion market within five years as institutional investors shift focus towards blockchain integration.
Mercation Admin5 min - News
Experts Question D-Wave's Claims of Quantum Supremacy
Researchers from the Flatiron Institute and Boston University challenge D-Wave's claims of quantum supremacy, suggesting some problems can be solved classically.
Mercation Admin2 min