News
Editorial-quality coverage of global financial markets, policy, and macro trends.
- Crypto
Hacker Converts 25 Cents of Bitcoin into 46 Billion Fake BTC on DeFi Bridge
A hacker turned a tiny Bitcoin deposit into 46 billion fake tokens by exploiting software flaws in the Symbiosis DeFi bridge, leading to significant losses.
Mercation Admin4 min - Crypto
MEV Bot Intercepts $7.73 Million Withdrawal from Safe Wallet
An attacker exploited a flaw in a Safe wallet, attempting to withdraw $7.73 million in rsETH, but was intercepted by the MEV bot Yoink.
Mercation Admin2 min - Crypto
Standard Chartered Anticipates ARB Token Surge to $10 by 2030
Standard Chartered forecasts a dramatic rise in Arbitrum's ARB token, predicting it could reach $10 by 2030, driven by revenue from networks like Robinhood Chain.
Mercation Admin4 min - Crypto
Ether, Solana, XRP Set to Benefit from Clarity Act Progress
The Senate's upcoming vote on the Clarity Act may significantly impact cryptocurrencies like Ether, Solana, and XRP, with potential for bullish movement in the market.
Mercation Admin5 min - Crypto
DeFi Development Corp Expands Solana Holdings with $300M CHAD Initiative
DeFi Development Corp has expanded its SOL treasury by adding 55,491 tokens and initiated a $300 million program for its CHAD preferred stock to enhance its Solana acquisitions.
Mercation Admin3 min - Crypto
Balancer Community Considers Project Wind Down and Treasury Distribution
The Balancer community is set to vote on a plan to wind down the DeFi protocol and distribute its treasury, totaling around $9 million, among BAL token holders.
Mercation Admin2 min - Crypto
Ethereum and Base Developers Abandon Joint Wallet Standard
Ethereum and Base developers will independently advance their account abstraction proposals, EIP-8141 and EIP-8130, following the breakdown of joint efforts.
Mercation Admin2 min - Crypto
XRP Ledger on the Brink of Major Payments Upgrade
XRP Ledger is poised for a significant upgrade that will allow users to bundle transactions, needing just one more validator vote to initiate the activation countdown.
Mercation Admin4 min - Crypto
Wall Street's Crypto Initiative Likely to Persist Despite Clarity Act Uncertainty
Despite the uncertainty surrounding the Clarity Act, Wall Street's engagement in the crypto sector is expected to continue unabated.
Mercation Admin6 min - Crypto
MetaMask Introduces Enhanced Wallet Security Features Against Scams
MetaMask has launched new security features to combat cryptocurrency scams, including alerts for lookalike addresses and first-time transfers.
Mercation Admin2 min - Crypto
TRM Labs Finds Minimal AI Agent Activity in Online Payments
TRM Labs reports that AI agents account for a minimal portion of payment activity on Coinbase's x402 protocol, with only 0.6% to 7.5% linked to them.
Mercation Admin2 min - Crypto
Coinbase Wallet to Revert to Original Branding Amid Trading Focus
Coinbase Wallet will revert to its original branding, focusing on multichain trading while maintaining support for Base, according to Ryan Kass.
Mercation Admin3 min