News
Editorial-quality coverage of global financial markets, policy, and macro trends.
- Crypto
SharpLink and BitMine Report on ETH Reserves
SharpLink and BitMine have updated their ETH reserves, with SharpLink receiving 5,000 ETH and BitMine holding over 5.6 million ETH.
Mercation Admin1 min - Crypto
Ether, XRP, and Dogecoin Lead Crypto Selloff Amid Tech Stock Decline
Ether, XRP, and dogecoin have seen significant declines as tech stocks drop, with bitcoin stabilizing around $59,888 in a crucial support zone.
Mercation Admin4 min - Crypto
Bitcoin Approaches $60,000 Again as Asian Markets Decline
Bitcoin has rebounded towards $60,000 despite a downturn in Asian equity markets, with significant declines in South Korea and Japan.
Mercation Admin1 min - News
Anthropic Calls for Congressional Action Against AI Model Distillation by Chinese Entities
Anthropic has urged Congress to take action against AI model distillation practices by Alibaba affiliates, claiming it poses a national security risk.
Mercation Admin3 min - News
Polymarket to Compensate Users Following $3 Million Theft
Polymarket has announced plans to refund users after hackers exploited a third-party vendor, resulting in a theft of approximately $3 million.
Mercation Admin2 min - Crypto
Invesco Files for Tokenized Fund Aimed at Stablecoin Reserves
Invesco is set to launch a tokenized fund targeting the burgeoning stablecoin market, enhancing its blockchain efforts after acquiring Superstate's fund earlier this year.
Mercation Admin4 min - Crypto
SBI Holdings to Acquire Bitbank for $289 Million, Aiming for Leadership in Japan's Crypto Market
SBI Holdings is acquiring Bitbank for approximately $289 million, aiming to create Japan's largest cryptocurrency exchange with $6.8 billion in assets.
Mercation Admin2 min - Crypto
Ethereum Network Base, Supported by Coinbase, Recovers from Block Production Disruption
Base, the Ethereum layer-2 network by Coinbase, faced over two hours of downtime due to a block production issue but has since recovered and is advancing with its planned upgrade.
Mercation Admin2 min - News
Story Protocol Rebrands as Data Network, Shifts Focus to AI Training Data
Story Protocol rebrands as Data Network, shifting focus to AI training data and migrating its IP token to DATA as part of a strategic pivot.
Mercation Admin2 min - Crypto
CoinEx Refutes Claims of Facilitating Sanctioned Iranian Crypto Transactions
CoinEx has denied allegations of facilitating over $3.8 billion in crypto transactions linked to sanctioned Iranian platforms, asserting its neutrality and lack of official ties to Iranian entities.
Mercation Admin2 min - Crypto
Base Blockchain by Coinbase Restarts After Two-Hour Interruptions
Coinbase's Base blockchain has resumed operations after a two-hour outage that affected transaction processing on the network.
Mercation Admin3 min - Stocks
STRC Stock Shows Increasing Correlation with Bitcoin
STRC, the perpetual preferred stock of Strategy Inc., is now closely tracking Bitcoin's price movements, diminishing its effectiveness as a stable income source.
Mercation Admin4 min