News
Editorial-quality coverage of global financial markets, policy, and macro trends.
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WSJ: Anthropic's Computing Power to Be Located at Hut 8 Campus
Anthropic will set up its computing power at Hut 8's Texas campus as part of a $35 billion deal with Lambda, according to reports.
Mercation Admin1 min - Crypto
Bitcoin Ends August with a 24% Gain
Bitcoin achieved a 24% rise in August, its strongest monthly performance since November 2024, despite ongoing low trading volumes.
Mercation Admin3 min - News
Sberbank Projects $46 Billion in Crypto Trading, Eyes Ethereum and USDT Loans
Sberbank anticipates Russian crypto trading could reach $46 billion in the first year of new regulations, planning to accept Ethereum and USDT as loan collateral.
Mercation Admin2 min - News
Sony Contends Digital Game Ownership Is Misunderstood
Sony claims in court that consumers do not own digital games purchased on the PlayStation Store, arguing that ownership is a misunderstanding.
Mercation Admin2 min - News
US Authorities Sell Confiscated Anthropic Shares Linked to Bankman-Fried Associates
The U.S. government has sold confiscated Anthropic shares belonging to associates of Sam Bankman-Fried, following their seizure during the FTX bankruptcy proceedings.
Mercation Admin1 min - News
U.S. Imposes Tariffs of Up to 100% on Certain Drone Imports
The U.S. will introduce tariffs of up to 100% on certain drone imports, impacting the market dynamics between American and Chinese manufacturers.
Mercation Admin3 min - News
FSB Warns G20 Finance Ministers About AI Risks to Financial Systems
Andrew Bailey of the FSB has warned G20 finance leaders about the cybersecurity risks posed by advanced AI models, stressing the need for secure deployment.
Mercation Admin1 min - News
Sony Music and Warner Chappell Initiate Billion-Dollar Lawsuit Against Anthropic
Sony Music and Warner Chappell have filed a lawsuit against Anthropic, seeking billions for alleged copyright violations involving AI training.
Mercation Admin1 min - News
Bernie Sanders Commits to Legislation Against Flock Safety and AI Surveillance
Senator Bernie Sanders plans to introduce legislation against Flock Safety, warning about the risks of AI surveillance technology leading to totalitarianism.
Mercation Admin2 min - Crypto
BitGo Acquires NYDIG's Institutional Trading Division for $42.5 Million
BitGo has acquired NYDIG's institutional trading business for $42.5 million, enhancing its service offerings for professional clients in the digital asset market.
Mercation Admin2 min - News
US Cities Begin Imposing Restrictions on Data Center Construction
Austin joins other U.S. cities in limiting data center construction due to environmental concerns over water and energy use.
Mercation Admin1 min - News
Meta Begins Testing Robots in Data Centers
Meta is testing robots in its data centers for technical tasks, sparking concerns among employees about job security as automation increases.
Mercation Admin2 min