News
Editorial-quality coverage of global financial markets, policy, and macro trends.
- Crypto
Sony Gains Conditional Approval for U.S. Stablecoin Trust Bank
Sony's banking division has received conditional approval to establish a U.S. trust bank for managing stablecoins, with plans for a $40 million capitalization.
Mercation Admin3 min - Crypto
Experts Urge Review of Old Smart Contracts Due to AI
Experts emphasize the need for regular reviews of old smart contracts due to AI's rapid evolution in identifying vulnerabilities, as highlighted in recent reports.
Mercation Admin3 min - News
Media: Durov Interrogated for the Fourth Time in France
Pavel Durov, founder of Telegram, has been interrogated for the fourth time in France regarding alleged criminal activities linked to the platform.
Mercation Admin1 min - News
Block to Pay $45 Million Over Cash App Claims
Block will pay $45 million to settle claims regarding Cash App's misleading safety claims and fraud protections.
Mercation Admin1 min - News
Ripple Partners with Kansas Athletics, XRP Logo Featured on Jerseys
Ripple has partnered with the University of Kansas, making XRP the official cryptocurrency and featuring its logo on athletic jerseys.
Mercation Admin2 min - News
India's Central Bank Advocates for Cryptocurrency Ban
The Reserve Bank of India has called for a ban on financial institutions dealing with cryptocurrencies and private stablecoins, citing tax evasion risks.
Mercation Admin1 min - News
Malaysia Confiscates Over 75,000 Crypto Mining Rigs in Power Theft Campaign
Malaysian authorities have confiscated over 75,000 crypto mining rigs during a crackdown on electricity theft, resulting in 629 arrests as part of ongoing enforcement efforts.
Mercation Admin2 min - Crypto
Kazakhstan's President Signs Decree to Develop Crypto Industry
Kazakhstan's President Tokayev has signed a decree to foster the development of the digital assets industry, aiming for a transparent ecosystem and tax incentives for individuals.
Mercation Admin1 min - News
Kraken Secures $22 Million from Auditor That Withdrew During Operation Choke Point 2.0
Kraken's parent company, Payward, has secured a $22 million arbitration award from Mazars USA after the auditor withdrew from a nearly complete audit amid legal uncertainties.
Mercation Admin3 min - Crypto
The Rise of Solana Amidst Chaos
Solana has emerged as a significant player in the blockchain space, appealing to both speculators and corporations, thanks to its high performance and innovative integrations.
Mercation Admin8 min - Crypto
BNB Chain Introduces New Layer-1 Blockchain for High-Frequency Trading and AI
BNB Chain is launching a new layer-1 blockchain designed for high-frequency trading and AI agents, aiming for over 100,000 transactions per second.
Mercation Admin3 min - Crypto
Binance Highlights Transformation in Stablecoin Landscape
Binance's report reveals a significant rise in stablecoin reserves and their role in connecting traditional finance with digital assets.
Mercation Admin1 min