News
Editorial-quality coverage of global financial markets, policy, and macro trends.
- News
Block, Founded by Jack Dorsey, Seeks National Bank Charter for Bitcoin Custody
Block, led by Jack Dorsey, is applying for a national bank charter to custody Bitcoin and other digital assets without taking deposits or making loans.
Mercation Admin2 min - News
OpenAI Claims Progress on Millennium Prize Problem Using AI
OpenAI claims to have solved a Millennium Prize Problem using AI, specifically the Navier-Stokes equations, which describe fluid dynamics.
Mercation Admin4 min - News
Meta Unveils Autonomous AI Agent Muse
Meta has launched Muse, a personal AI agent designed to assist with everyday tasks like shopping and scheduling, available initially in the U.S.
Mercation Admin1 min - News
Exploring Quantum Computing: Current Capabilities and Applications
This article explores the current capabilities of quantum computers, their applications in various fields, and the ongoing research that could shape their future impact.
Mercation Admin4 min - News
OpenAI Claims Resolution of Major Math Problem Amid Controversy
OpenAI claims its AI solved the Navier-Stokes equations, but an NYU mathematician alleges unethical conduct regarding credit for the discovery.
Mercation Admin3 min - News
$47 Million Still Unrecovered After Liquid Network Hack
Blockstream is in discussions to recover $47 million in BTC after a hack on the Liquid Network resulted in significant losses.
Mercation Admin2 min - Crypto
Bitcoin Stabilizes as Wall Street Reacts to Oil Price Surge
Bitcoin is trading at $78,524, down 0.72%, as Wall Street shows mixed results due to rising oil prices and a strong jobs report increasing Fed rate hike expectations.
Mercation Admin4 min - Crypto
Visa Leverages Onchain Lending for Stablecoin Card Financing
Visa is integrating blockchain lending with payment data to enhance financing options for stablecoin card programs, reporting significant growth in settlement volumes.
Mercation Admin2 min - Crypto
Strive Acquires $109 Million in Bitcoin, Moves Closer to $1 Billion in Preferred Stock
Strive has purchased $109 million worth of Bitcoin, bringing its total holdings to 24,531 BTC, and is nearing $1 billion in preferred stock value.
Mercation Admin4 min - Crypto
Cronos Reverses Nearly Two Hours of Transactions Following $111 Million DeFi Hack
Cronos has rolled back nearly two hours of transactions to recover $111.2 million linked to a DeFi exploit on the Tectonic network, impacting both legitimate and fraudulent transactions.
Mercation Admin3 min - News
McKinsey Reports Surge in AI Adoption in Agriculture; John Deere Unveils AI Agronomist
McKinsey reports that 17% of farmers are using generative AI, with John Deere launching an AI agronomist to assist in agricultural decision-making.
Mercation Admin1 min - News
US Law Enforcement Raises Concerns Over Meta Glasses Surveillance
U.S. police are raising alarms about Meta's smart glasses potentially being used for covert recordings in jails and police facilities, prompting internal warnings and policy changes.
Mercation Admin2 min