News
Editorial-quality coverage of global financial markets, policy, and macro trends.
- News
US Senate Unanimously Rejects Sam Bankman-Fried Pardon
The U.S. Senate has unanimously passed a resolution opposing any form of clemency for Sam Bankman-Fried, the convicted FTX founder.
Mercation Admin2 min - Crypto
Jesse Pollak Steps Down from Base Leadership After Strategy Failure
Jesse Pollak has stepped down from leading Base after admitting his social-focused strategy failed, with Coinbase taking over future development.
Mercation Admin2 min - Crypto
AMLA Chief Warns of Risks Following MiCA Transition Period
AMLA's Bruna Sego warns that the end of the MiCA transition period could lead to challenges for crypto services in the EU due to user migration.
Mercation Admin1 min - Crypto
Summer.fi to Shut Down After $6 Million Hack
Summer.fi is shutting down operations after a $6 million hack, with the user interface remaining available until August 31.
Mercation Admin2 min - Crypto
ZachXBT Criticizes Hardware Wallets; Bitcoin Holds Steady Near $65,000
Bitcoin remains steady near $65,000 as South Korea raises interest rates for the first time in over three years to combat inflation.
Mercation Admin1 min - Crypto
Senate Rejects Clemency for FTX Founder Sam Bankman-Fried
The Senate has unanimously passed a resolution opposing any clemency for FTX founder Sam Bankman-Fried, affirming his conviction for financial fraud.
Mercation Admin4 min - Crypto
Bitcoin Wallet Unused Since 2017 Transfers $383 Million
A bitcoin wallet inactive since 2017 has moved 5,908 BTC, now worth $383 million, to a new address, indicating no immediate sale.
Mercation Admin3 min - Crypto
Ether Surges Ahead of Bitcoin as ETF Investments Flow In, Primarily from BlackRock
Ether has outperformed Bitcoin and other major cryptocurrencies this week, driven by substantial ETF inflows and new demand from the Robinhood Chain.
Mercation Admin4 min - Crypto
Bitcoin Approaches $65,000 as Two Investor Groups Take Profits Amid U.S. Inflation Data
Bitcoin is nearing $65,000, but two groups of investors are selling their holdings amid concerns about the sustainability of this price increase following recent inflation data.
Mercation Admin5 min - Crypto
Analysts Remain Optimistic Despite Coinbase's 30% Decline
Despite a significant drop in Coinbase's stock, analysts from William Blair maintain optimism about its future performance.
Mercation Admin4 min - News
OpenAI Implements AI Red Team to Enhance GPT-5.6 Against Prompt Injection Vulnerabilities
OpenAI has rolled out GPT-Red, an AI tool designed to uncover vulnerabilities in its models, enhancing GPT-5.6's defenses against prompt injection attacks.
Mercation Admin2 min - Crypto
Jesse Pollak of Coinbase Steps Down from Base App Leadership
Jesse Pollak from Coinbase is stepping back from leading the Base app, admitting his strategy for onchain social applications failed to boost crypto adoption.
Mercation Admin3 min