Crypto

Harvard's endowment fund has become one of the latest high-profile holders to liquidate its ETH as investor sentiment sours during the ongoing bear market. Harvard Management Company, the entity that manages Harvard University’s endowment fund, sold all of its Ether (ETH) holdings after just one quarter, according to its Q1 2026 United States Securities and Exchange Commission (SEC) filing. The endowment no longer holds the $87 million in BlackRock iShares Ethereum Trust exchange-traded fund (ETF) shares, which it held in Q4 2025, according to its Q1 2026 SEC filing. Harvard also reduced its exposure to Bitcoin (BTC) in Q1 2026, offloading about 2.3 million Bitcoin ETF shares. The endowment fund still holds more than 3 million shares of BlackRock’s iShares Bitcoin Trust ETF, valued at nearly $117 million. Read more

Spotify and Universal Music Group say their new licensed AI remix platform will let fans create song covers and remixes while compensating participating artists and songwriters.

The Chinese AI lab already powers coding agents worldwide. Now it wants to own the tool developers use to run them.

Syndicate Labs revealed that all of its code will remain permanently open source and available for developers who want to continue building on the technology.

Researchers found regular AI companion use among partnered young adults was linked to lower relationship stability and communication quality.

Federal Election Commission filings showed only $175,000 in contributions to the hybrid PAC, which could influence US voters through media buys before key elections in several states. A political action committee (PAC) that claimed to “support candidates working to advance digital asset and blockchain policy in the United States” announced its picks for the 2026 election cycle, potentially influencing key races with money from the crypto industry. In a Thursday notice, the Blockchain Leadership Fund said it had endorsed ten candidates for the 2026 US midterm elections, four in the Senate and six in the House of Representatives. Chainlink Labs and Anchorage Digital announced the launch of the PAC in March amid other committees that spent heavily in the 2024 US election cycle, like Fairshake. The PAC’s picks included Republicans Barry Moore, Kurt Alme and Jon Husted for US Senate races in Alabama, Montana and Ohio, respectively, and Houston Gaines, Jim Kingston and Jon Bonck for House runs in Georgia’s 10th dis...

Data suggest Bitcoin’s chance of dropping below $60,000 again is slim to none, thanks to longer-term investors holding more than 71% of the asset’s total supply. The chance of Bitcoin (BTC) falling below $60,000 is “extremely slim,” according to data showing that BTC long-term holders increased their holdings to 71.6% of the total supply. In addition to this data, a key technical signal turned bullish for the first time since February. Crypto analyst Sykodelic said the possibility of Bitcoin revisiting fresh lows has “become extremely slim” after the weekly relative strength index (RS) retested the 50 level. Historically, Bitcoin has entered long-term expansion phases after the RSI recovered above that threshold following an oversold position.  Read more

The crypto exchange's new pre-IPO futures product lets traders speculate on SpaceX’s expected public market valuation before the company begins trading on public exchanges. Binance launched perpetual futures contracts tied to the expected valuations of private companies ahead of their public listings, starting with a SpaceX-linked product settled in Tether's USDt (USDT). Binance said pre-IPO perpetual contracts are expected to reflect publicly available IPO pricing indicators, including announced valuation ranges and final offering prices, before a company begins trading publicly. After a listing, the contracts would transition to tracking live market prices. The first contract, SPCXUSDT Pre-IPO Perpetual, is tied to SpaceX's expected public market valuation, with additional pre-IPO perpetual contracts to follow over time. Read more

The agreement ensures the regulator and the NHL communicate and share data to protect the integrity of hockey-related prediction markets.

World Liberty Financial’s WLFI token is facing renewed scrutiny as the Donald Trump family-backed crypto project tries to rebuild demand and confidence after its recent slide to an all-time low. World Liberty Financial has responded with WLFI token burns, exchange integrations, and rewards programs tied to its USD1 stablecoin, a campaign aimed at restoring activity […] The post World Liberty Financial rebound gives dormant WLFI holders an exit as AI Financial warns of survival risk appeared first on CryptoSlate.

"Age consumed" hit a record 17.4T, showing that long-dormant WLFI supply moved suddenly on-chain after Binance's USD1/BTC listing.

Outspoken billionaire Mark Cuban is disappointed with Bitcoin's performance, and said he's parted ways with most of the BTC in his portfolio.

Researchers at the privacy-centric blockchain startup say their multi-layer quantum defense will feature a soft fork to freeze and protect dormant BTC.

A renewed push to solidify the United States’ foothold in the digital asset market emerged Thursday as lawmakers unveiled legislation to establish a formal strategic Bitcoin reserve and consolidate the federal government's multibillion-dollar cryptocurrency stockpile. Spearheaded by Representative Nick Begich, the American Reserve Modernization Act (ARMA) of 2026 mandates the creation of a secure Bitcoin […] The post US lawmakers push new Strategic Bitcoin Reserve act to secure $25 billion federal stash appeared first on CryptoSlate.

Critics say the new 22% crypto tax, set to take effect in 2027, unfairly favors other asset classes with a much lower tax burden. A petition to scrap a 22% tax on crypto investment gains in South Korea reached the 50,000-signature threshold required for the country’s Finance and Economic Planning Committee to review objections to the new tax regime. The 22% tax, set to take effect in January 2027, imposes financial and reporting “burdens” on investors, while also limiting upward mobility for younger individuals, who are locked out of housing markets due to skyrocketing real estate prices, according to the petition. The petition now has more than 52,000 signatures. Source: South Korea Assembly Read more

The financial regulator signed a similar agreement with Major League Baseball in March and continues to file lawsuits against state-level authorities going after prediction market platforms over sports betting. The US Commodity Futures Trading Commission (CFTC), under the sole leadership of Republican Michael Selig, announced a memorandum of understanding with the National Hockey League to “protect the integrity of professional hockey and maintain fair and transparent prediction markets.” In a Thursday announcement, Selig said the move was intended to protect prediction market users from “insider trading, fraud, and other abuse” as the CFTC continues to maintain what it calls its “exclusive jurisdiction” over platforms like Kalshi and Polymarket. The agency signed a similar agreement with Major League Baseball in March, at the same time the league announced Polymarket would be its Official Prediction Market Exchange. Read more

"Zcash is built to be a rebel - and rebels rarely win popularity contests," Gemini stated.

The American Reserve Modernization Act would direct the Treasury to create and maintain a Bitcoin reserve for a minimum of 20 years.

Trump said he delayed the order because parts of the proposal risked slowing the U.S. AI industry as competition with China intensifies.

Washington just gave crypto one of its clearest policy wins of 2026. Bitcoin ETF demand cracked anyway. The Senate Banking Committee advanced H.R. 3633, the Digital Asset Market Clarity Act, by a 15-9 vote on May 14, sending the market-structure bill toward the Senate floor. CryptoSlate reported that Bitcoin moved back above $81,000 after the vote, a clean headline […] The post Bitcoin ETF demand weakens despite CLARITY Act policy win appeared first on CryptoSlate.