Under Pompliano’s leadership, ProCapBTC would reportedly seek to raise $750 million in equity and convertible debt as part of a merger with Columbus Circle Capital 1. Cryptocurrency entrepreneur Anthony Pompliano is reportedly in talks to launch a new Bitcoin-buying vehicle that will seek to raise $750 million. Pompliano is expected to become CEO of ProCapBTC, a Special Purpose Acquisition Company (SPAC) that is set to merge with the publicly traded blank cheque vehicle Columbus Circle Capital 1, the Financial Times reported on Friday. Under Pompliano’s leadership, which is still under discussion, ProCapBTC would seek to raise $500 million in equity and $250 million in convertible debt as part of a merger with Columbus Circle Capital 1, backed by the Cohen & Company investment bank. Read more
The average net salary in Romania stood at RON5,647 (EUR1,121) in April 2025, higher by 8.2% in nominal terms compared to April 2024 and by 3.2% relative to the evolution of consumer prices, data from the country's statistical office INS showed on Friday (June 13, 2025).
An Air India flight from Phuket in Thailand to India’s capital New Delhi received an onboard bomb threat on Friday and made an emergency landing on the island, airport authorities said. All 156 passengers on flight AI 379 had been escorted from the plane, in line with emergency plans, an Airports of Thailand official said. The aircraft took off from Phuket airport bound for the Indian capital at 9:30am (7:30am PKT) on Friday, but made a wide loop around the Andaman Sea and landed back on the southern Thai island, according to flight tracker Flightradar24. Screengrab of flight path of the affected flight. — FlightRadar24 The incident follows the crash of an Air India flight in Ahmedabad on Thursday shortly after takeoff, in which more than 265 people were killed. AOT did not provide details on the bomb threat. Air India did not immediately respond to a request for comment. Indian airlines and airports were inundated with hoax bomb threats last year, with nearly 1,000 hoax calls and messages received in the fir...
Retail giants Walmart and Amazon are reportedly evaluating digital currencies to streamline e‑commerce and boost cross‑border transactions. Update June 13, 10:30 am UTC: This article has been updated to include a section on the GENIUS Act. Walmart and Amazon are reportedly mulling plans to issue their own US dollar-backed stablecoins for customers, signaling wider institutional stablecoin adoption amid improving regulatory clarity in the United States. The two retail giants are mulling the development of brand-specific stablecoins, according to people familiar with the matter, The Wall Street Journal reported on Friday. Read more