News
Editorial-quality coverage of global financial markets, policy, and macro trends.
- Crypto
Taiko Successfully Restores Cross-Chain Bridge Following $1.7 Million Hack
Taiko has restored its cross-chain bridge just 10 days after a $1.7 million hack, completing a multi-stage recovery that included user compensation.
Mercation Admin3 min - Crypto
Bitcoin Surpasses $60,000 Amidst Macroeconomic Constraints
Bitcoin has rebounded above $60,000 following comments on U.S. inflation, despite ongoing macroeconomic pressures and ETF outflows.
Mercation Admin2 min - Crypto
Solana Implements Onchain Governance with 100,000 SOL Staking Requirement
Solana has introduced an onchain governance system allowing validators and stakers to vote on network decisions, with a requirement of 100,000 SOL staked.
Mercation Admin4 min - News
Kalshi and Polymarket's June Trading Volume Reaches $44.8 Billion
In June, the trading volume of Kalshi and Polymarket soared to $44.8 billion, driven by the upcoming FIFA World Cup.
Mercation Admin1 min - Crypto
XRP Gains Ground as Whale Activity Increases Amid Cautious Retail Traders
XRP has shown signs of accumulation as whale activity increases, with new wallet creations reaching a three-month high. However, it must surpass $1.10 for a more convincing recovery.
Mercation Admin4 min - Crypto
Bitcoin's Long-Term Holders Shift Back to Accumulation
Bitcoin's long-term holders have transitioned back to accumulating the cryptocurrency, indicating a resurgence in demand, according to Glassnode.
Mercation Admin4 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 - Crypto
Bitcoin Surpasses $60,000 After Warsh's Inflation Remarks Boost Market
Bitcoin has risen above $60,000 for the first time in over a week, spurred by comments from Fed Chair Kevin Warsh about easing inflation risks. Solana also saw significant gains.
Mercation Admin4 min - Crypto
Ethereum Institutional Launch Gains Ecosystem Support
The launch of Ethereum Institutional has garnered significant support within the Ethereum ecosystem, highlighting a shift towards institutional adoption.
Mercation Admin4 min - Crypto
Robinhood Unveils AI-Driven Ethereum Layer-2 Network and Tokenized Stocks
Robinhood has launched its AI-native Ethereum layer-2 network, Robinhood Chain, enhancing its offerings with tokenized stocks and expanding its services internationally.
Mercation Admin2 min - News
Venice AI Achieves $1 Billion Valuation as Erik Voorhees Advocates for Private Chatbot Alternatives
Venice AI has achieved a $1 billion valuation after raising $65 million, with founder Erik Voorhees emphasizing the importance of privacy over AI surveillance.
Mercation Admin2 min - News
Meituan Launches LongCat-2.0 AI Model, Surpassing Competitors
Meituan has officially launched LongCat-2.0, an AI model with 1.6 trillion parameters, outperforming competitors in various benchmarks.
Mercation Admin5 min