News
Editorial-quality coverage of global financial markets, policy, and macro trends.
- News
Revolut Exposes Customer Data in Government Scam Incident
Revolut inadvertently leaked sensitive customer data, including passports and Bitcoin transactions, after falling for a fraudulent government request.
Mercation Admin2 min - News
Ripple's Evolution and Current Challenges
Ripple has expanded its operations significantly, aiming for $1 billion in revenue by 2026, but XRP's value has declined over the same period.
Mercation Admin6 min - News
Cyberattacks Targeting Law Firms Surge as Stolen Documents Appear Online
Cyberattacks on law firms are rising, with Greenberg Traurig reporting unauthorized access to documents that appeared on the dark web, amid other breaches in the industry.
Mercation Admin2 min - Crypto
Bitcoin's Golden Cross Fades as Rate Hike Speculation Increases
Bitcoin's recent golden cross fades as the cryptocurrency reacts to rising rate hike expectations, trading at $77,438 after peaking earlier in the day.
Mercation Admin4 min - News
OpenAI Seeks Congressional Guidance on AI Development Slowdown Legality
OpenAI is seeking clarification from Congress on the legal implications of a potential slowdown in AI development among rival companies amid safety concerns.
Mercation Admin3 min - Crypto
Bitcoin Surges as Inflation Figures Are Assessed Ahead of Fed Meeting
Bitcoin's price is on the rise as market participants analyze recent inflation data ahead of the Federal Reserve's upcoming interest rate decision.
Mercation Admin4 min - News
OpenAI Seeks Congressional Clarification on Coordinated AI Slowdown
OpenAI has asked Congress for guidance on the legality of a coordinated slowdown in AI development, amid concerns over antitrust laws.
Mercation Admin2 min - News
Sam Bankman-Fried Appeals to Supreme Court to Overturn Fraud Conviction
Sam Bankman-Fried has petitioned the Supreme Court to overturn his 25-year fraud conviction, claiming urgent need for review after the Second Circuit upheld the ruling.
Mercation Admin2 min - News
Senate Republicans Unveil Updated Clarity Act Ahead of Vote
Senate Republicans have introduced a revised Clarity Act requiring non-decentralized crypto trading protocols to register with the CFTC ahead of a key procedural vote.
Mercation Admin2 min - Crypto
Bitcoin's Recent Decline Amid Market Turmoil, Golden Cross on Horizon
Bitcoin has dipped 1.22% today to $77,323, but a golden cross may be imminent, signaling potential bullish trends ahead.
Mercation Admin3 min - News
BIS Warns Banks Need Swift Action to Address AI-Driven Threats
A BIS report reveals that advanced AI is drastically reducing the time banks have to address software vulnerabilities, urging quicker responses and better preparedness.
Mercation Admin3 min - Economy
BIS Warns of Financial Crisis Risks Due to AI Investment Surge
The BIS cautions that the surge in AI investments poses risks to financial stability, with potential market corrections impacting the global economy.
Mercation Admin3 min