News
Editorial-quality coverage of global financial markets, policy, and macro trends.
- News
Fantasy Top, the Ethereum-Based Crypto Influencer Game, to Shut Down
Fantasy Top, a unique blend of fantasy sports and NFT trading cards featuring crypto influencers, will shut down at the end of June after two years of operation.
Mercation Admin2 min - News
US Government Allocates $2 Billion to Quantum Computing Amid Bitcoin Threat
The U.S. government is investing over $2 billion in quantum computing to address potential threats to encryption, particularly concerning Bitcoin and Ethereum.
Mercation Admin3 min - Crypto
Kraken Obtains VARA License to Operate in Dubai
Kraken has received regulatory approval from VARA to operate in Dubai, offering services like trading and staking to UAE clients.
Mercation Admin2 min - Crypto
Blockchain.com Pursues IPO in U.S. Markets
Blockchain.com, a U.K.-based crypto exchange, has confidentially filed for a U.S. IPO, joining a trend of crypto firms seeking public offerings.
Mercation Admin2 min - Crypto
MAPO Token Plummets 96% After Hack
The MAPO token's value plummeted 96% following a hack exploiting a vulnerability in the Butter Network bridge, leading to massive minting of new tokens.
Marcus Reid2 min - Crypto
Study: Nearly Half of Russian Crypto Users Don't Verify Asset Origins
A recent study reveals that nearly half of Russian crypto users do not verify the origins of their assets, highlighting a gap in compliance practices.
Aisha Patel1 min - News
Standard Chartered to Acquire Crypto Custodian Zodia
Standard Chartered has announced its acquisition of Zodia Custody to enhance its digital asset services and strengthen its market position.
Aisha Patel1 min - Crypto
Hackers Steal $11.5 Million from Verus Protocol
The Verus DeFi protocol lost $11.5 million in a recent attack on its Ethereum cross-chain bridge, with funds still in the hacker's wallet.
Sarah Chen1 min - Crypto
Strategy Accumulates 4% of Bitcoin Supply
Strategy has acquired 24,869 BTC, representing 4% of Bitcoin's supply, while BitMine holds 5.28 million ETH, totaling $12.6 billion in assets.
James Park3 min - Crypto
Aave Unlocks Ethereum-Collateralized Loans Across Six Networks
Aave has restored Ethereum-collateralized loans across six networks, marking a significant recovery step following the Kelp hack.
Sarah Chen1 min - Crypto
$1.07 Billion Withdrawn from Crypto Funds Amid Geopolitical Risks
Cryptocurrency investment products saw $1.07 billion in outflows from May 11 to 15, driven by geopolitical tensions, particularly regarding Iran.
James Park1 min - Crypto
SharpLink Criticizes Strategy's Approach to Crypto Asset Management
SharpLink's CEO criticizes Michael Saylor's capital management model, highlighting Ethereum's staking benefits and the company's focus on stability amid market challenges.
Sarah Chen2 min