News
Editorial-quality coverage of global financial markets, policy, and macro trends.
- Crypto
$38 Million in Bitcoin Lost Due to Coldcard Wallet Vulnerability
A flaw in Coinkite's Coldcard wallets, believed to be exploited with AI, has led to significant Bitcoin losses, prompting urgent user action.
Mercation Admin3 min - Crypto
Bitcoin Reaches Low Volatility Levels, Preparing for Price Movement
Bitcoin's price volatility has reached its lowest level since January, creating a tight trading range and setting the stage for potential significant price movements.
Mercation Admin4 min - Crypto
Coinbase Reports Record Market Share Amid Profit Decline
Coinbase reported a net loss of $359 million while achieving a record 10.3% market share in Q2, as trading revenues fell short of expectations.
Mercation Admin1 min - Crypto
Bitcoin Remains Stable as Bank of Japan Maintains 1% Rates
Bitcoin remains stable around $63,900 as the Bank of Japan keeps interest rates at 1%, with inflation pressures linked to AI and a weak yen.
Mercation Admin1 min - Crypto
Coldcard Wallet Owners Lose $38 Million in Bitcoin Theft
Around 500 Coldcard wallet owners have lost $38 million in Bitcoin due to a theft linked to firmware vulnerabilities, with Coinkite investigating the incident.
Mercation Admin1 min - Crypto
Bhutan Entrusts 3iQ with Management of Bitcoin Reserves
Bhutan's Gelephu Mindfulness City has chosen 3iQ to manage part of its Bitcoin reserves, marking a major step in its digital finance strategy.
Mercation Admin1 min - Crypto
Strategy to Continue Bitcoin Sales Following $8.22 Billion Quarterly Loss
Strategy will continue selling Bitcoin while managing dollar reserves, following a significant quarterly loss of $8.22 billion.
Mercation Admin2 min - Crypto
Bitcoin Holds Steady Near $64,000 Amid Kospi Surge
Bitcoin remains steady near $64,300 as the Kospi index experiences a remarkable 17% surge, leaving the crypto market largely unaffected.
Mercation Admin4 min - Crypto
Security Flaw in Coldcard Wallets Leads to Theft of 594 BTC
A significant flaw in Coldcard wallets allowed the theft of 594 BTC, valued at $38 million, in under 30 minutes, exploiting predictable key generation.
Mercation Admin4 min - News
Coinbase Reports Q2 Loss Amidst Declining Crypto Trading
Coinbase reported a $359 million loss in Q2, with revenue falling short of expectations as trading activity declined.
Mercation Admin3 min - Crypto
MicroStrategy Reports $8.2 Billion Loss in Q2 Due to Bitcoin Price Drop
MicroStrategy reported an $8.2 billion loss in Q2 2026 due to declining bitcoin values, but has established a cash reserve sufficient to cover over two years of dividends.
Mercation Admin4 min - Crypto
Coinbase Shares Drop 5% Following Disappointing Q2 Revenue
Coinbase's stock dropped by 5% after the company reported a disappointing $1.22 billion in revenue for Q2 2026, falling short of expectations.
Mercation Admin4 min