News
Editorial-quality coverage of global financial markets, policy, and macro trends.
- News
Crypto Ponzi Scheme Leader Extradited to the U.S. After Fleeing to Fiji
Edward Zimbardi, accused of running a $165M Ponzi scheme, has been deported from Fiji to face charges in the U.S. after evading authorities for over a year.
Mercation Admin2 min - Crypto
BitBox Addresses Two Major Vulnerabilities in Bitcoin Wallet Firmware
BitBox has released a critical firmware update addressing two significant vulnerabilities in its hardware wallets, discovered through AI-assisted audits.
Mercation Admin3 min - Crypto
BlackRock Identifies AI Rotation as a Factor Pressuring Bitcoin
BlackRock has retained a positive view on Bitcoin despite its recent price drop, citing factors like deleveraging and a shift toward AI investments as key influences.
Mercation Admin5 min - Crypto
CryptoQuant Signals Potential Bitcoin Recovery
CryptoQuant indicates that Bitcoin may be nearing a recovery as spot demand shows signs of improvement, despite recent challenges from ETF outflows and miner sales.
Mercation Admin2 min - Crypto
Cypherpunk Unveils Largest Zcash Mining Operation Backed by Winklevoss
Cypherpunk Technologies has launched the largest Zcash mining fleet, backed by Winklevoss Capital, marking a new phase from accumulation to production.
Mercation Admin3 min - News
Investigation Reveals Amazon Scans and Destroys Rare Books for AI Training
An investigation reveals Amazon's Las Vegas facility scans and destroys rare books for AI training, raising concerns about the treatment of printed materials.
Mercation Admin1 min - News
OpenAI Secures Approximately 8 GW of IT Capacity in Ohio
OpenAI has secured 8 GW of IT capacity in Ohio, with NVIDIA investing $1.5 billion into the project.
Mercation Admin1 min - Crypto
SEC Unveils New Regulations for the U.S. Crypto Market
The SEC has proposed new regulations for the U.S. crypto market, enhancing capital raising through tokens and introducing a safe harbor for certain digital assets.
Mercation Admin3 min - News
OpenAI Slows AI Model Development Due to Cyber Risks
OpenAI has paused the scaling and training of new AI models due to cybersecurity risks highlighted by recent incidents and evaluations.
Mercation Admin4 min - Crypto
Understanding Quantum Computers: Their Purpose and Limitations
This article explores the functionality and limitations of quantum computers, detailing their specialized applications and the challenges they face in the tech landscape.
Mercation Admin4 min - News
Pennsylvania Imposes Restrictions on AI Data Centers
Pennsylvania has introduced new regulations for data centers exceeding 25 MW in energy consumption, requiring local approval and annual reporting.
Mercation Admin1 min - Crypto
Maya Protocol Halts Operations Following $1.7 Million Hack
Maya Protocol has suspended its network after a $1.7 million hack, with plans to recover funds and resume operations.
Mercation Admin2 min