Colombia’s President Gustavo Petro said the nation’s Caribbean coast has the potential to become a Bitcoin mining hub, leveraging its surplus renewable energy to attract foreign investment and spur economic development. In a post on X on Tuesday, Petro said the Caribbean cities of Barranquilla, Santa Marta and Riohacha could host Bitcoin (BTC) mining facilities…
Crypto bank Anchorage is launching a new agentic banking service, seeking to give AI agents the ability to access and move money without human interference — an industry that could be worth a trillion dollars, according to its co-founder. In an X post on Tuesday, Anchorage co-founder and CEO Nathan McCauley said the firm’s new…
Rapper Iggy Azalea is facing a class-action lawsuit in the US, accusing her of misleading investors about the real-world utility and future development of her Solana-based memecoin Mother Iggy (MOTHER). The complaint filed by plaintiff Kenneth Kolbrak in a Manhattan federal court on Monday claimed Azalea, whose real name is Amethyst Amelia Kelly, made representations…
DeFi protocol Kelp DAO said it will be migrating its restaking token, rsETH, to the Chainlink oracle platform after the $292 million exploit in April, as it continued to blame the attack on LayerZero’s cross-chain infrastructure. Hackers stole 116,500 Kelp DAO restaked ETH tokens on April 18 from Kelp DAO’s LayerZero-powered bridge, then used them…
Strategy executive chairman Michael Saylor said his firm could sell Bitcoin to “inoculate” the market against sudden panic or to reinforce confidence in the company, in contrast to its long-standing “never sell” Bitcoin strategy. “We’ll probably sell some Bitcoin to fund a dividend, just to inoculate the market, just to send the message that we…
Key takeaways: While Bitcoin onchain activity and derivatives show a lack of participation from traders, record spot ETF inflows point to strong institutional demand. The absence of leveraged longs may actually fuel further upside as sellers are forced to buy back if Bitcoin edges higher. Bitcoin (BTC) gained 7% over the past week, breaking above…
Forward Industries and crypto investment company RockawayX have co-led a strategic investment in OnRe, a startup building reinsurance infrastructure on the Solana blockchain, in a move aimed at bringing traditional risk-transfer markets onto decentralized rails. The companies said Tuesday they co-led OnRe’s $5 million Series A round, with Forward planning to allocate up to $25…
Bitcoin (BTC) may have a clear path to $90,000 after $7.9 billion in short liquidations in February put pressure on the bears. Data show liquidations came in three waves that extended from February through April. The liquidations highlight a growing imbalance as BTC traders continue to build short positions above $80,000, while the price holds…
In brief Kelp says LayerZero approved the setup tied to a $292 million exploit, which LayerZero disputes. The protocol is redesigning its cross-chain system after the hack. A U.S. court fight over $71 million in frozen funds could shape DeFi recovery rules. KelpDAO is blaming LayerZero for a $292 million exploit and plans to relaunch…
Cape Town, South Africa, May 5, 2026 — Prophet, an AI-native prediction market platform, has launched its first live trading tranche, introducing a system where an AI model acts as the counterparty to user trades using real capital. The initial deployment allocates $10,000 in USDC to an AI-powered trading system and opens participation to users…