Forward Industries and RockawayX have backed a $5 million funding round for OnRe, a startup building reinsurance infrastructure on the Solana blockchain. Summary Forward Industries and RockawayX have co-led a $5M funding round for OnRe to build reinsurance infrastructure on Solana. Forward Industries plans to invest up to $25M into a Solana-based yield token tied
NEW YORK, May 6, 2026 /PRNewswire/ — Vernal Capital Acquisition Corp. (NYSE: VECA) (“Vernal”) announced the pricing of its initial public offering (the “IPO”) of 10,000,000 units at $10.00 per unit. The units are expected to trade on the New York Stock Exchange (“NYSE”) under “VECAU” beginning May 6, 2026. Each unit consists of one
Colombian President Gustavo Petro said the country’s Caribbean coast could become a Bitcoin mining hub if it uses clean energy and brings local communities into the plan. Summary Petro says Colombia’s Caribbean coast could use renewable energy to attract Bitcoin mining investment soon. The plan mentions Wayúu co-ownership, but no mining partner or launch date
Pay.sh shifts AI commerce to pay-per-use APIs, letting agents transact directly without accounts or subscriptions. AI agents are moving from passive tools to active participants in the digital economy. Yet payments have lagged behind, still tied to human accounts and rigid subscriptions. A new system from Solana Foundation and Google Cloud aims to close that
K Wave Media reversed its $485 million Bitcoin treasury plan today, redirecting funds to AI data centres and GPUs Summary K Wave Media scrapped its $500 million Bitcoin treasury strategy and redirected approximately $485 million to AI data centres and GPU infrastructure. Shares fell 24% on the announcement, which also came with a company rebrand
The BlackRock Bitcoin IBIT ETF captured $136.6M in net inflows during a week when the broader Bitcoin ETF market lost capital for three consecutive sessions. The week ended with $162.8M in total net inflows for spot Bitcoin ETFs, a recovery that was almost entirely driven by a single Friday surge of roughly $630M that erased
GoMining’s GoBTC protocol promises instant authorization and on-chain Bitcoin settlement with a 0.2% merchant fee, positioning miner-run rails as a low-cost challenger to Visa and Mastercard. Summary Bitcoin mining company GoMining plans to launch GoBTC, a Bitcoin-native payments protocol built on top of its own block production, at the Consensus conference. GoBTC will offer instant
Strategy (MSTR), the world’s largest publicly traded corporate holder of bitcoin, floated the idea of selling bitcoin in order to cover its dividend obligations. Executive Chairman Michael Saylor suggested, during its Q1 2026 earnings call, the company may sell a portion of its bitcoin holdings to fund dividend payments, stating: “We will probably sell some
A Fairshake poll finds 45% of Americans call crypto too risky as industry PACs deploy over $100 million into midterms. Summary A Public First poll conducted for Politico found 45% of Americans say investing in cryptocurrency is not worth the risk. The same poll found 44% say AI is developing too fast, and two-thirds want
Wall Street executives warned at Consensus 2026 that legacy markets built for slower trading are breaking under 24/7 crypto pressure. Summary Top executives at Consensus 2026 in Miami warned that traditional financial infrastructure was designed for human-paced, scheduled trading. Round-the-clock, machine-driven crypto activity is creating growing friction with settlement systems built for fixed market hours.
