Author: John Smith

Cardano governance is in crisis as an 81% stake majority opposes a 32.9 million ADA research funding proposal. Summary An 81% active stake majority is opposing a 32.9 million ADA proposal to fund Input Output Global’s research lab for another year through Cardano’s treasury. Founder Charles Hoskinson called the vote existential for Cardano’s identity as a science-based blockchain, warning scientists could leave if the proposal fails. The vote runs through June 8, with several dReps demanding competitive open RFP bids rather than an automatic IOG budget renewal. A Cardano governance crisis has emerged on-chain as an 81% active stake majority…

Harbor Capital is trying to slice the AI boom into lab-branded trades, filing for a suite of active “Lab ETFs” tied to Anthropic, DeepMind, Meta, OpenAI and xAI ecosystems. Summary Harbor capital’s proposed Lab ETFs would each focus on companies tied to a single AI lab, from Anthropic to OpenAI and xAI SpaceXAI The funds aim to own public stocks and other instruments that benefit from specific lab ecosystems rather than broad AI themes The move follows earlier ETFs that gained indirect exposure to Anthropic and xAI and comes as Gulf investors pour tens of billions into frontier AI labs…

Clarity Act concerns from law enforcement are overblown, House Majority Whip Tom Emmer said. Summary Emmer called law enforcement objections to crypto developer protections a “red herring” aimed at slowing the bill. He defended shielding noncustodial developers from money transmitter rules under the Blockchain Regulatory Certainty Act. The Senate Banking Committee advanced the Clarity Act 15-9, with bipartisan support beyond Republicans. House Majority Whip Tom Emmer said law enforcement groups are overstating their concerns about crypto developer protections embedded in the legislation. He called the objections a “red herring” designed to slow the broader bill’s progress through Congress. Emmer forcefully…

Kalshi is backing a new advocacy group to fight the gaming lobby over prediction market regulation. Summary Americans for Fair Markets launched with Kalshi support to counter sportsbook and casino opposition to prediction markets. The group tapped former Deputy White House Chief of Staff Taylor Budowich as its strategic advisor. Prediction markets have grown into a roughly $500 billion asset class with millions of monthly U.S. users. The new organization, Americans for Fair Markets, launched on May 22 to shape federal policy on prediction markets and federally regulated exchanges. It will run paid and earned campaigns to counter what it…

Robinhood crypto COO Tanya Denisova is leaving the platform after more than five years. Summary Tanya Denisova, COO of Robinhood Crypto, is leaving the firm after more than five years as the platform navigates a 47% decline in Q1 crypto revenue. Robinhood’s Q1 2026 crypto revenue fell to $134 million from $252 million a year earlier, contributing to an earnings miss reported on April 28. No successor has been named and neither Denisova nor Robinhood have publicly commented on the departure. Tanya Denisova, chief operating officer of Robinhood Crypto, is leaving the company after more than five years, according to…

Bitcoin liquidations surpassed $320 million in longs on May 22 after the SEC unexpectedly delayed its tokenized stock plan. Summary Crypto markets saw $320 million in long liquidations on May 22, with longs accounting for roughly $296 million of the total according to CoinGlass data. The SEC delayed a plan to grant broad exemptions for US crypto firms to trade tokenized assets linked to US stocks, Bloomberg reported on May 22. Bitcoin fell toward $76,000 following the news, extending a week of sustained selling pressure and a six-session Bitcoin ETF outflow streak. The SEC delayed a plan on May 22…

Michael Saylor says a Strategy Bitcoin sale before year-end is ‘not unlikely’ in a Coin Stories podcast interview. Summary Saylor told Natalie Brunell it was “not unlikely” Strategy would sell some Bitcoin before year-end, softening his long-held never-sell position. He said any model relying solely on equity, credit, or Bitcoin sales underperforms, and that Strategy uses a mixed capital management approach. Strategy holds 818,334 BTC worth approximately $65 billion and aims to maximise Bitcoin per share over a seven-year horizon to 2033. Strategy executive chairman Michael Saylor told the Coin Stories podcast it was “not unlikely” the company would sell…

Grayscale named four blockchains as the top Clarity Act winners in a research note published on May 22. Summary Grayscale named Ethereum, Solana, BNB Chain and Canton Network as the four chains best placed for institutional capital after the Clarity Act passes. The four chains lead the market by tokenised asset value, stablecoin supply and DeFi total value locked, which Grayscale uses as its primary ranking criteria. Grayscale also named Avalanche, Base, Arbitrum, Hyperliquid and Tron as secondary beneficiaries with significant on-chain finance exposure. Grayscale published a research note on May 22 identifying Ethereum, Solana, BNB Chain, and Canton Network…

Bitcoin ETF outflows reached $1.26 billion over six sessions, but Santiment says the streak signals a buying opportunity. Summary US spot Bitcoin (BTC) ETFs recorded net outflows in each of the six trading sessions from May 15 through May 22, totalling $1.26 billion across 11 funds. Santiment says ETF flows reflect retail investor sentiment rather than institutional positioning, calling the outflow streak a contrarian accumulation signal. Bitcoin was trading at $75,410 when Santiment published its report, down from a May high of $79,052 reached on May 16. The 11 US-listed spot Bitcoin ETFs have recorded net outflows in each of…

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Reelrush introduces Social Launchpad on Solana, blending short-form content with on-chain markets and a trade-to-earn model. Summary Reelrush is a Solana-based social platform that combines short-form video, text posting, and on-chain trading through a built-in “Trade” feature on every post. Users log in with an X account, get an embedded wallet automatically, and can launch token markets tied to content in seconds via an AI-assisted process. Each creator earns a small trading fee share, while markets start on a…