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K Wave Media rejects Bitcoin for AI data centres

K Wave Media sent shares down 24% after scrapping its $485 million Bitcoin plan to redirect funds into AI data centres and GPUs.

Global Millennial Capital raises $100M IPO fund for AI and DeFi mid-caps

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.

Bullish acquisition of Equiniti targets tokenized securities

Bullish acquisition of Equiniti costs $4.2 billion, giving the crypto platform reach over 3,000 companies and 20 million shareholders.

Coinbase cuts 700 jobs and blames AI productivity

Armstrong said AI is reshaping how Coinbase operates, as the company eliminates 700 positions and takes a $50-60M restructuring charge.

OnRe Finance raises $5M as Forward lines up $25M ONyc buy

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

Pi Network launches Protocol 23 push at Consensus 2026

Pi Network co-founders Fan and Kokkalis spoke at Consensus 2026 on AI and human identity six days before Protocol 23 activates on May 11

XRP Evernorth names OpenAI CFO to its board

XRP Evernorth named OpenAI Foundation CFO Robert Kaiden and Antalpha COO Derar Islim as independent directors ahead of its Nasdaq listing

Garlinghouse defends Clarity Act Senate momentum

Garlinghouse told Consensus 2026 the Clarity Act has real Senate momentum, calling the past week a big positive shift for crypto law

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