News
Editorial-quality coverage of global financial markets, policy, and macro trends.
- News
Sam Bankman-Fried's Fraud Conviction Confirmed by Appeals Court
Sam Bankman-Fried's appeal against his fraud conviction and lengthy prison sentence has been denied by a federal appeals court, leaving him with few options for release.
Mercation Admin2 min - Stocks
GameStop Extends Bitcoin Agreement Despite Minimal Impact on Profits
GameStop has renewed its Bitcoin options deal with Coinbase, tying up nearly all of its Bitcoin, which has resulted in minimal earnings despite record profits.
Mercation Admin3 min - Economy
What is Technofeudalism?
Technofeudalism posits that digital platforms have transformed the economy beyond capitalism, creating new forms of power and dependency.
Mercation Admin6 min - Crypto
Elon Musk's SpaceX IPO: Analyzing the Impact on Bitcoin
SpaceX's IPO could significantly impact crypto markets, with potential liquidity drain or wealth effect rotation depending on the stock's performance.
Mercation Admin4 min - News
Gary Gensler Supports States in Battle Over Prediction Market Rules
Gary Gensler, former SEC chair, supports states in their legal battles against the CFTC-backed prediction market industry, asserting that gambling concerns should remain at the state level.
Mercation Admin4 min - News
LG Electronics Partners with Arbitrum for Innovative Ad Platform
LG Electronics has teamed up with Arbitrum to create a blockchain-based advertising platform aimed at automating digital ad transactions without intermediaries.
Mercation Admin2 min - News
SpaceX's crypto-linked IPO sees rebound toward $2.4 trillion valuation
SpaceX's crypto-traded IPO is experiencing a significant rebound, aiming for a valuation of $2.4 trillion following a sharp decline earlier this week.
Mercation Admin4 min - News
OpenAI Considers Price Reductions Amid Competition with Anthropic
OpenAI is looking at reducing token prices in anticipation of similar actions from Anthropic as both companies gear up for IPOs.
Mercation Admin3 min - News
Microsoft's Brad Smith Urges Graduates to Embrace AI
Microsoft's Brad Smith encourages the class of 2026 to embrace AI and adapt to its changes, recognizing their concerns as a call to action for the tech industry.
Mercation Admin3 min - News
SpaceX Sets Share Price at $135, Raising $75 Billion in Record IPO
SpaceX has set its share price at $135, raising $75 billion in the largest IPO ever, with a valuation nearing $1.8 trillion.
Mercation Admin4 min - News
Former xAI Engineer Files Lawsuit Against Elon Musk's xAI Over Safety Concerns
Devin Kim, a former xAI engineer, has filed a lawsuit claiming wrongful termination after raising safety concerns about the Grok AI chatbot.
Mercation Admin3 min - Crypto
Sygnum: Banking Infrastructure Evolving Beyond Stablecoin Dominance
Sygnum reveals that institutional clients are seeking integrated platforms for various tokenized cash instruments, moving away from a single stablecoin focus.
Mercation Admin4 min