Prophet launches AI-powered prediction market with live $10,000 trading tranche
Prophet, an AI-native prediction market platform, launched its first live trading tranche with $10,000 in USDC capital. The AI acts as counterparty to user trades, generating probability-based pricing by aggregating outputs from multiple LLMs including OpenAI and Anthropic. Markets settle within 24 hours using AI interpretation, eliminating traditional dispute mechanisms—a novel approach attracting industry attention despite scaling uncertainties.
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Forward Industries, RockawayX back OnRe to build onchain reinsurance on Solana
Forward Industries and RockawayX co-led a $5 million Series A funding round for OnRe, a Solana-based onchain reinsurance platform. Forward committed up to $25 million to OnRe's yield token, positioning itself as Solana's largest corporate holder with 7.01 million SOL. The initiative aims to tokenize the $600 billion+ global reinsurance market, streamlining traditionally manual underwriting and claims processes through blockchain infrastructure.
Crypto PAC spends $500K in support of Indiana candidate ahead of primary
Days before an Indiana primary, the Defend American Jobs PAC reported spending about $514,000 on media in support of a Republican House member running for reelection in the state‘s 4th Congressional District....
Trust in crypto remains biggest barrier to adoption, say Consensus Miami 2026 panelists
Trust remains the primary barrier to crypto adoption, panelists at Consensus Miami 2026 agreed. Speakers from Circle, U.S. Bank, and ChangeNOW cited complexity, poor user experience, and misinformation as key obstacles. They emphasized that trust builds through transparent design, accessible interfaces, human customer support, and education rather than technical claims alone, essential for mainstream adoption.