News
Editorial-quality coverage of global financial markets, policy, and macro trends.
- Crypto
The Implications of Strategy's Recent Bitcoin Sale Compared to 2022
MicroStrategy's recent bitcoin sale of 32 BTC marks its second disclosed transaction, prompting discussions on the company's evolving strategy and its implications.
Mercation Admin5 min - Crypto
Vitalik Buterin Proposes New Approach for DeFi Amid Market Crashes
Vitalik Buterin has proposed a new approach to decentralized finance that utilizes options contracts to create index-tracking assets, aiming to reduce risks associated with market crashes.
Mercation Admin4 min - Crypto
BitMine Acquires $52 Million in Ethereum as Strategy Sells BTC
BitMine Immersion Technologies has purchased $52 million worth of Ethereum while Strategy sold $2.5 million in Bitcoin for the first time since 2022.
Mercation Admin2 min - News
Anthropic Takes Steps Toward IPO Following $965 Billion Valuation
Anthropic has filed for an IPO, following a $965 billion valuation after raising $65 billion in funding.
Mercation Admin2 min - Crypto
Michael Saylor Addresses Bitcoin Sale of $2.5 Million by Strategy
Michael Saylor highlights Strategy's new focus on preferred stock following the company's sale of 32 bitcoin for $2.5 million to fund dividends.
Mercation Admin3 min - Crypto
Analysts Split on Implications of Strategy's Minor Bitcoin Sale
Analysts are split over the implications of Strategy's first bitcoin sale in four years, with some viewing it as a minor tactical move and others suggesting a shift in strategy.
Mercation Admin5 min - Crypto
Shares of Strategy Decline Following Bitcoin Liquidation—More Sales Ahead?
Strategy shares fell significantly following a $2.5 million Bitcoin sale, raising questions about potential future sales and the company's financial strategy.
Mercation Admin3 min - Crypto
Developer Recovers $2 Million in ETH Frozen Since 2016 ICO
A developer has successfully retrieved $2 million in ETH from a 2016 ICO project, which had been frozen due to a smart contract bug, benefiting 48 investors.
Mercation Admin3 min - Crypto
Sui Attributes Recent Network Outages to Gas and Validator Issues
Sui's network faced three outages last week, lasting over 15 hours, attributed to gas and validator bugs, while SUI's price dropped 18%.
Mercation Admin1 min - News
Scientists Develop Quantum Sensor Scheme to Detect Antiferromagnets
Researchers at the University at Buffalo have developed a theoretical quantum sensor scheme to detect antiferromagnets, a new class of magnetic materials.
Mercation Admin1 min - Crypto
$14 Million Betting Dispute Arises from Strategy's Bitcoin Sale on Polymarket
Strategy's bitcoin sale has triggered a $15 million betting dispute on Polymarket, focusing on whether trades from late May count towards a May 31 deadline.
Mercation Admin4 min - Crypto
Aave Tightens Listing Standards After $293 Million rsETH Incident
Aave has revised its asset listing standards following a significant incident involving rsETH that risked creating substantial bad debt.
Mercation Admin1 min