News
Editorial-quality coverage of global financial markets, policy, and macro trends.
- News
Core Scientific Partners with AMD for AI Infrastructure as Bitcoin Mining Declines
Core Scientific shifts focus from bitcoin mining to AI infrastructure through a new deal with AMD, potentially generating over $14 billion in revenue.
Mercation Admin3 min - Crypto
Binance's Compliance Changes Hinder Crypto Crime Investigations, Report Finds
A recent report indicates that Binance's updated compliance measures are creating obstacles for international law enforcement in accessing user data for crypto crime investigations.
Mercation Admin4 min - News
Apple Sued for Keeping Fraudulent Bitcoin Wallet App on Store
A lawsuit claims Apple failed to remove a fraudulent bitcoin wallet app, resulting in significant thefts totaling over $1.8 million from multiple users.
Mercation Admin4 min - Crypto
Strategy Shifts Focus to Cash and STRC, Avoids Bitcoin Purchase
Strategy has opted for cash and STRC purchases over Bitcoin, marking its longest buying pause in two years while raising $525 million.
Mercation Admin4 min - Crypto
Understanding Regulatory Risks in DeFi Frontends
DeFi frontends can introduce unique regulatory risks that differ from those associated with protocols. Understanding these risks is crucial for compliance and operational strategy.
Mercation Admin6 min - Crypto
Bitcoin's Stability Fails to Ignite Altcoin Market
Despite Bitcoin's recent stability, the altcoin market remains largely stagnant, with few coins exceeding their 50-day moving averages.
Mercation Admin4 min - Crypto
Fortitude Launches New Zcash Mining Facility in Nebraska Ahead of Public Listing
Fortitude has launched a 12-megawatt Zcash mining facility in Nebraska, aiming to reduce costs and expand its operations ahead of a public listing.
Mercation Admin3 min - Crypto
Bitcoin Declines as South Korean Stocks Plummet and Senate Delays Crypto Legislation
Bitcoin dropped 2% amid a significant decline in South Korean stocks and the U.S. Senate's postponement of the Crypto Clarity Act, highlighting market volatility.
Mercation Admin5 min - Crypto
Bitcoin Miners Urged to Focus on Infrastructure Rather Than GPUs
Mike Alfred advises bitcoin miners to focus on AI infrastructure rather than GPUs, predicting sustained demand over the next 20-30 years.
Mercation Admin3 min - Crypto
Flash Crash Hits SK Hynix Perpetuals on Hyperliquid
SK Hynix perpetual futures faced a flash crash on Hyperliquid, dropping to $900 before quickly recovering above $1,000 amid broader market instability.
Mercation Admin3 min - Crypto
Stablecoin Market Sees Significant Decline for the First Time in Four Years
The stablecoin market has seen its first significant drop in four years, losing over $10 billion in capitalization, while transaction volumes reach new highs.
Mercation Admin2 min - Crypto
Bitcoin Bounces Back from Asian Session Lows; Nasdaq Futures Decline
Bitcoin has bounced back from earlier lows in the Asian session, while Nasdaq futures continue to decline amid rising risk aversion in equity markets.
Mercation Admin1 min