News
Editorial-quality coverage of global financial markets, policy, and macro trends.
- Crypto
DeFi Protocol Summer.fi Hacked for $6 Million
The DeFi protocol Summer.fi was hacked on July 6, resulting in a loss of $6 million. The attack exploited a vulnerability in the asset accounting mechanism.
Mercation Admin1 min - News
Coinbase AI Faces Criticism After Incorrect World Cup Prediction
Coinbase faced backlash after an AI-generated alert incorrectly announced a World Cup result before the game started, prompting an investigation and updates to their systems.
Mercation Admin3 min - Crypto
Launching a Crypto-Fiat Exchange Service via the SBP Without P2P: SkyCapital's Experience
SkyCapital explores launching a crypto-fiat exchange service via the SBP, offering insights into costs, operations, and market trends.
Mercation Admin7 min - News
Humanoid Unveils Robot Training on Real-World Production Tasks
Humanoid has launched KinetIQ Ascend, a new method for training robots using reinforcement learning on real production tasks, aiming for high success rates.
Mercation Admin3 min - News
Media: Anthropic to Develop Pharmaceuticals
Anthropic has launched Claude Science to develop treatments for advanced diseases, marking its entry into independent pharmaceutical development.
Mercation Admin1 min - News
FOMC Minutes and SpaceX's Nasdaq 100 Inclusion: Upcoming Crypto Highlights
Key events in the cryptocurrency space and macroeconomic indicators to watch for the week starting July 6, including SpaceX's Nasdaq 100 inclusion.
Mercation Admin4 min - Crypto
Coinspect Warns of Threat to Thousands of Crypto Wallets
Coinspect has alerted users to a vulnerability affecting crypto wallets, leading to losses of at least $3 million due to weak seed phrase generation.
Mercation Admin1 min - Crypto
Vitalik Buterin reveals Ethereum's significant overhaul plans
Vitalik Buterin announces a major transformation for Ethereum, focusing on quantum resistance and privacy as part of a multi-year plan to overhaul the network's protocol.
Mercation Admin5 min - Crypto
Bitcoin Hits $63,900 Before Pulling Back as New Week Starts
Bitcoin surged to $63,900 before declining as the week commenced, influenced by a weaker U.S. jobs report.
Mercation Admin1 min - Crypto
Stablecoin Transactions Hit Record $1.79 Trillion in June
June saw stablecoin transactions soar to a record $1.79 trillion, marking a significant increase from previous months and reflecting a shift in financial interests.
Mercation Admin1 min - Crypto
Veteran Trader Peter Brandt Considers Exchanging Bitcoin for Gold
Veteran trader Peter Brandt is considering selling some of his bitcoin to buy gold, forecasting significant gains for the precious metal against the cryptocurrency.
Mercation Admin4 min - Crypto
XRP Gains 3% as $1.14 Breakout Becomes Support Test
XRP has increased by 3% after breaking out above the $1.14 level, now testing this as support amidst significant trading activity.
Mercation Admin3 min