Month: May 2026

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…

Dubai-based Global Millennial Capital closes a $100M IPO Opportunities Fund to back overlooked AI and DeFi mid-cap tech names one to three years before exit. Summary Dubai-based Global Millennial Capital…

The Bullish acquisition of Equiniti, announced today, values the transfer agent at $4.2 billion Summary Bullish will acquire Equiniti, a transfer agent serving 3,000 major companies and 20 million shareholders,…

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…

Major US banking associations rejected the Clarity Act’s stablecoin yield compromise, splitting publicly from Coinbase and Circle Summary US banking associations pushed back against the stablecoin yield provisions in the…

OnRe Finance raised $5M from Forward and RockawayX as Forward prepares up to $25M into ONyc, scaling Solana-based, tokenized reinsurance with DeFi integrations. Summary OnRe Finance, a regulated on-chain reinsurance…

Pi Network co-founders took the Consensus 2026 stage in Miami, six days before Protocol 23 activates on May 11 Summary Dr. Chengdiao Fan spoke at Consensus 2026 on May 6…

XRP Evernorth has named Robert Kaiden, CFO of the OpenAI Foundation, to its board of directors Summary XRP Evernorth appointed OpenAI Foundation CFO Robert Kaiden and Antalpha COO Derar Islim…

Ripple CEO Brad Garlinghouse defended Clarity Act progress at Consensus 2026, calling the past week a “big positive shift.” Summary Garlinghouse spoke live at Consensus 2026 in Miami, expressing renewed…

Ripple is feeding North Korea–linked threat intelligence into Crypto ISAC, hoping shared context on DPRK operatives and DeFi exploits can blunt a 2026 hack wave led by Drift and KelpDAO.…