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Friday2026/0605
05-22

India Blocks Polymarket, Kalshi May Face Similar Ban

India has blocked access to Polymarket under its information-technology laws, and reports indicate that Kalshi, a U.S.-regulated prediction market, could face a similar ban as the government widens its crackdown on offshore event-trading platforms.Why India Blocked PolymarketThe Ministry of Electron...

Harvard Sells Entire $87M Ethereum ETF Stake in Q1 2026

Harvard Management Company has sold its entire $87 million position in BlackRock’s iShares Ethereum ETF during the first quarter of 2026, according to its latest 13F filing with the U.S. Securities and Exchange Commission. The move ended a short-lived exposure to Ethereum through an exchange-traded ...

Nvidia Invests $18.6B in AI Startups, Reshaping Venture Capital Landscape

Nvidia didn’t just sell the shovels during the AI gold rush. It started buying the mines.The company deployed $18.6 billion into venture-style investments over a three-month period ending in April 2026. Nvidia’s nonmarketable equity securities surged to $42.3 billion, up from just $3.2 billion a yea...

Ethereum Layer 2 Zero Network Shuts Down After 1.5 Years

After operating for around 1.5 years, the Ethereum Layer 2 project Zero Network announced that it is shutting down its standalone chain and pivoting toward expanding the Zerion API and wallet products.The team said the network was originally launched with the belief that gas fees remained one of the...

SEC Delays Tokenized Stock Exemption Plan Over Unauthorized Equity Token Concerns

The U.S. Securities and Exchange Commission has delayed its planned exemption framework for tokenized stock trading, citing concerns over unauthorized equity tokens that could circumvent existing securities regulations.The SEC’s Division of Corporation Finance issued a statement on tokenized securit...

Meta Cuts 10% of Workforce, Redirects Focus to AI Amid $115B Investment

Meta is cutting approximately 8,000 jobs, representing about 10% of its workforce. The company is also scrapping plans for 6,000 new hires that were previously in the pipeline.If this feels familiar, that’s because it is. Meta slashed over 11,000 positions during 2022 and 2023 in what Zuckerberg cal...

NEAR Surges 29% Amid AI-Ready Upgrades and Technical Breakout

NEAR Protocol staged a powerful comeback on Tuesday, jumping nearly 29% in 24 hours to trade around $2.26 after dipping to about $1.73 earlier in the day. The token’s surge came with a sharp uptick in activity — daily volume climbed toward $1 billion — making NEAR one of the top-performing large-cap...

US Allocates $2B for Quantum Tech, Including $1B to IBM, Sparking Crypto Security Concerns

The US government is quietly placing a big bet on quantum computing — a move that could have major implications for cryptocurrencies like Bitcoin. According to CNBC, citing an earlier Wall Street Journal report, Washington plans to award roughly $2 billion in grants to nine companies developing qua...

Italy Unveils €1M Tax-Fraud Scheme Using Bitcoin Ordinals and BRC-20 Tokens

Not a secret offshore account or a shell company — Italy’s investigators say the hiding spot was carved directly into Bitcoin. Italy’s Economic and Financial Police Unit in Foggia recently unraveled a tax-fraud scheme worth roughly €1 million (about $1.1 million) in undeclared capital gains that re...

Crypto PACs Back Bipartisan Candidates in 2026 Midterm Elections

Crypto money is turning up the heat on the Texas Senate race — and rippling across other battlegrounds. The Fellowship PAC, an $11 million crypto-aligned fund backed by Cantor Fitzgerald and Anchorage Digital, told the Federal Election Commission it will spend $500,000 to support Texas Attorney Gen...

U.S. Rep. Nick Begich Proposes Strategic Bitcoin Reserve Act

Representative Nick Begich on Thursday introduced the American Reserve Modernization Act, a bill that would formalize a U.S. strategy for holding crypto on the federal balance sheet — starting with Bitcoin. What the bill would do - Create a “Strategic Bitcoin Reserve” housed at the Department of th...

AmericanFortress Proposes Soft Fork to Freeze Satoshi’s 1.1M Bitcoin Against Quantum Attacks

For years, the specter of quantum decryption hovering over early Bitcoin addresses has been a theoretical nightmare. Now, AmericanFortress, a privacy-centric blockchain startup, has put forward a practical, albeit contentious, shield. In the original report, researchers detailed a multi-layer quantu...

SEC Limits Scope of Innovation Exemption for Tokenized Stocks

The much-awaited innovation exemption for tokenized stocks will likely be limited in scope than previously expected. In a statement on X (formerly Twitter), SEC Commissioner Hester Peirce said the exemption will not cover synthetics. I’ve always expected that it’d be limited in scope & would fac...

Bitcoin Price Drops Below $76K After Kevin Warsh Sworn In as New Fed Chair

Bitcoin’s seemingly stable and dull price moves over the past couple of days came to an end hours ago as the asset initiated a notable leg down that drove it to a new multi-week low of well under $76,000.The latest rejection came just hours after Kevin Warsh officially became the seventeenth Chairma...

Trump Media transfers $204M in BTC to Crypto.com amid market speculation

CoinDesk reports:On-chain data platform Arkham shows that Bitcoin addresses associated with Trump Media & Technology Group (DJT) transferred over 2,650 BTC on Thursday evening, worth approximately $204 million at the time, to an address labeled as Crypto.com.Two deposits to Crypto.comThis transfer w...

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