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
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
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
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
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.
Anthropic venture with Blackstone and Goldman Sachs will deliver enterprise AI tools to private equity-backed companies. Summary Anthropic is finalising a $1.5 billion joint venture with Blackstone, Goldman Sachs, and Hellman and Friedman to serve private-equity-backed companies. The platform will deliver AI tools across finance, operations, customer service, and enterprise software to PE portfolio companies.
Crypto asset ETPs just notched a fifth straight week of inflows, lifting five-week net flows above $4B and pushing AUM near $155B despite sharp midweek outflows. Summary CoinShares’ latest weekly report shows global crypto asset ETPs recorded $117.8 million in net inflows last week, marking a fifth consecutive positive week and pushing cumulative five-week inflows
Coinbase cuts 700 jobs today, with CEO Brian Armstrong saying AI is making small engineering teams far more productive Summary Coinbase is eliminating roughly 700 employees, approximately 14% of its total workforce, in a restructuring announced on May 5. CEO Brian Armstrong cited AI acceleration as a core reason, saying the technology enables small teams
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. AI cloud mining expands access as SHRMiner lowers barriers to crypto mining participation in 2026. Summary Cloud mining platforms like SHRMiner lower barriers, enabling easy entry into crypto mining. SHRMiner uses AI and smart
