News
Editorial-quality coverage of global financial markets, policy, and macro trends.
- Crypto
Bitcoin Approaches Key Resistance as Jackson Hole Begins with Unique Fed Agenda
Bitcoin is nearing a crucial resistance level as the Jackson Hole symposium starts, focusing on financial innovation and its implications for crypto.
Mercation Admin3 min - News
Flock CEO Advocates for Privacy Compromise Amid Camera Controversy
Flock Safety's CEO Garrett Langley advocates for a balance between privacy and safety amidst rising backlash against the company's surveillance cameras.
Mercation Admin3 min - News
Russian Network Exploits ChatGPT to Pose as Academic Experts
OpenAI has banned ChatGPT accounts linked to a Russian network using the platform to promote a fake Israeli academic institute with plagiarized content.
Mercation Admin2 min - News
Bill Gates Advocates for Robot Tax and Job Protection for Humans
Bill Gates argues for a robot tax and protections for human jobs in his latest essay, highlighting the need for new economic measures in the AI era.
Mercation Admin3 min - News
UK Court Rules Against Crypto CEO's Extradition Appeal
Manpreet Kohli, former CEO of Saitama, faces extradition to the U.S. over alleged market manipulation, as a UK judge dismisses his appeal.
Mercation Admin2 min - News
Dallas Fed Warns Tokenized Deposits May Impact Bank Lending by $700 Billion
The Dallas Fed indicates that tokenized deposits could significantly impact bank lending, potentially reducing interest-rate risk capacity by $700 billion.
Mercation Admin2 min - Banking Policy
Dallas Fed Economists Warn of Risks from Tokenized Deposits
Dallas Fed economists caution that tokenized deposits could destabilize banks' funding models and lending capabilities, potentially impacting consumer borrowing costs.
Mercation Admin3 min - News
ECB Board Member Highlights Privacy Features of Digital Euro
Piero Cipollone of the ECB asserts that the digital euro will ensure maximum privacy for users, addressing concerns about surveillance in digital transactions.
Mercation Admin2 min - News
Nancy Pelosi's Bloom Energy Stock Moves Under Scrutiny
Nancy Pelosi's recent stock trades in Bloom Energy have come under scrutiny after a significant price surge followed the disclosure of her husband's investments.
Mercation Admin3 min - Crypto
Crypto Market Experiences Shift to 'Extreme Greed' for First Time Since 2024
The Crypto Fear and Greed Index has surged to 'extreme greed,' marking a significant sentiment shift in the cryptocurrency market.
Mercation Admin2 min - News
Founder of Crypto Fund Found Guilty of Fraud Involving Nonexistent Trading Bot
Japheth Dillman, founder of Block Bits Capital, has been convicted of fraud for misleading investors about a nonfunctional trading bot.
Mercation Admin2 min - News
Hugging Face Considers $13 Billion Sale Following OpenAI Incident
Hugging Face is considering a sale that could value the AI platform at $13 billion, following a significant security breach involving OpenAI's AI models.
Mercation Admin3 min