News
Editorial-quality coverage of global financial markets, policy, and macro trends.
- News
U.S. Bitcoin Reserve Development Continues Amid Federal Discussions
The Biden administration continues to evaluate the structure for a federal bitcoin reserve, facing challenges from competing departments and a lack of legislative support.
Mercation Admin4 min - News
ByteDance and Alibaba Disable Humanlike AI Features Amid China Regulations
ByteDance and Alibaba are discontinuing humanlike AI features ahead of new Chinese regulations that ban emotional AI interactions, a first of its kind in the country.
Mercation Admin3 min - News
UK Foreign Secretary Cautions on AI Risks, Drawing Nuclear Comparisons
UK Foreign Secretary Yvette Cooper warns that without global regulations, AI risks could mirror the catastrophic mistakes of the nuclear age.
Mercation Admin2 min - Crypto
$20 Million Stolen in Governance Attack on Solana's Bonk Coin
BonkDAO, the organization behind the Bonk meme coin, lost $20 million due to a governance attack that transferred tokens to an unauthorized address.
Mercation Admin2 min - News
'We Cannot Vibe Code the Future of Humanity,' Warns UN Chief at AI Summit
UN Secretary-General António Guterres highlighted the urgent need for AI governance at the Global Dialogue in Geneva, warning against unregulated AI development and advocating for global safety standards.
Mercation Admin3 min - Crypto
Bernstein Analysts Hold $150K Bitcoin Target as Prices Rise
Bernstein analysts reaffirm their $150,000 Bitcoin target despite a significant price drop, citing potential regulatory clarity and ongoing buying strategies as supportive factors.
Mercation Admin2 min - News
Yield Guild Games Discontinues Crypto Game Publishing, Lays Off 35 Staff
Yield Guild Games is closing its crypto game publishing unit and laying off 35 employees due to market challenges, shifting focus towards AI data opportunities.
Mercation Admin3 min - News
Coinbase's AI Misreported World Cup Result Prior to Match
Coinbase's AI system mistakenly announced a World Cup result before the match started, prompting a quick correction from the company.
Mercation Admin2 min - News
Over 150,000 Participants Joined Joi AI's Unique Study
Joi AI's study on AI-assisted masturbation attracted over 150,000 applicants, prompting a public selection process due to overwhelming interest.
Mercation Admin5 min - Crypto
USDC Surpasses Tether in Stablecoin Transaction Volume, Visa Reports
Circle's USDC has significantly increased its stablecoin transaction volume, surpassing Tether's USDT as banks adopt digital currencies for faster settlements.
Mercation Admin3 min - Crypto
Market Turmoil: Saylor's Bitcoin Strategy Leads to Major Losses
Recent actions by Strategy regarding bitcoin have led to significant losses and market fluctuations, raising concerns about its future strategy and stability.
Mercation Admin4 min - Crypto
Ethereum Developers Support Vitalik Buterin's Vision but Demand Faster Action
Ethereum developers largely support Vitalik Buterin's revised "Lean Ethereum" roadmap but express concerns about the proposed timeline for implementation.
Mercation Admin4 min