News
Editorial-quality coverage of global financial markets, policy, and macro trends.
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Suspected Scattered Spider Hacker Extradited to the U.S. Over $8 Million Ransom
A 19-year-old alleged member of the hacking group Scattered Spider has been extradited to the U.S. to face charges related to an $8 million crypto ransom demand.
Mercation Admin2 min - News
Cloudflare to Block Mixed AI Crawlers Starting September 15
Cloudflare will block mixed AI crawlers by default starting September 15, aiming to protect content visibility and reduce infrastructure load.
Mercation Admin1 min - Crypto
FBI Director Kash Patel Fails to Disclose Significant MSTR Investment
FBI Director Kash Patel did not report a six-figure MSTR stock purchase within the required timeframe, citing miscommunication as the cause of the delay.
Mercation Admin3 min - News
Goliath Ventures CEO admits guilt in $400 million crypto fraud
Christopher Delgado, former CEO of Goliath Ventures, has pleaded guilty to charges related to a $400 million Ponzi scheme, admitting to significant investor losses.
Mercation Admin3 min - Crypto
Ethereum Launches Non-Profit to Promote Institutional Adoption
Ethereum has launched a non-profit organization to enhance institutional adoption of its network among financial institutions.
Mercation Admin1 min - News
Bank of England to Revise AI Regulations
The Bank of England plans to revise its AI regulations in the financial sector, addressing risks like cyberattacks and market errors, according to Deputy Governor Sarah Breeden.
Mercation Admin2 min - Crypto
Crypto Hacks in June Resulted in $75.9 Million in Losses
In June, crypto hacks resulted in $75.9 million in losses across 40 incidents, a decrease from May's figures, with the Humanity Protocol breach being the largest.
Mercation Admin1 min - News
Debate Arises as Europe Implements MiCA Crypto Regulations
The implementation of Europe's MiCA regulations has sparked discussions among industry leaders about its implications for consumer protection and the competitive landscape.
Mercation Admin5 min - Crypto
Europe Tightens Crypto Regulations While Leaving Derivatives Loophole
The European Union is tightening regulations on unlicensed crypto exchanges while leaving a dangerous loophole for high-risk derivatives trading open, potentially endangering investors.
Mercation Admin5 min - Crypto
Transition Period for MiCA Regulation Ends in the EU
The transition period for MiCA regulation in the EU has ended, requiring unlicensed crypto companies to cease operations. The European Commission is reviewing the regulation to align with market developments.
Mercation Admin3 min - News
Lenovo Highlights Gaps in AI Threat Protection
Lenovo's survey reveals that 90% of IT leaders see vulnerabilities in AI threat protection, with new services aimed at enhancing cyber resilience.
Mercation Admin1 min - News
EU Revisits Crypto Regulation MiCA After July 1 Deadline
The EU is reassessing its crypto regulation MiCA as the July 1 deadline looms, addressing the evolving landscape influenced by stablecoins and tokenization.
Mercation Admin5 min