Harvard’s Strategic Leap into the Bitcoin Realm

PANews reported on November 17 that Morgan Stanley forecasts a target price of 7,800 for US stocks by the end of 2026 and expects US stocks to outperform other regions. In addition, the agency upgraded its rating on U.S. small-cap stocks relative to large-cap stocks to "overweight," while also adjusting the ratings of some sectors, upgrading the consumer discretionary sector from "underweight" to "overweight" and the healthcare sector from "neutral" to "overweight." Morgan Stanley also predicts that the dollar index will fall to 94 in the first half of 2026, before rebounding to 99 by the end of the year.

The post Cashing In On University Patents Means Giving Up On Our Innovation Future appeared on BitcoinEthereumNews.com. “It’s a raid on American innovation that would deliver pennies to the Treasury while kneecapping the very engine of our economic and medical progress,” writes Pipes. Getty Images Washington is addicted to taxing success. Now, Commerce Secretary Howard Lutnick is floating a plan to skim half the patent earnings from inventions developed at universities with federal funding. It’s being sold as a way to shore up programs like Social Security. In reality, it’s a raid on American innovation that would deliver pennies to the Treasury while kneecapping the very engine of our economic and medical progress. Yes, taxpayer dollars support early-stage research. But the real payoff comes later—in the jobs created, cures discovered, and industries launched when universities and private industry turn those discoveries into real products. By comparison, the sums at stake in patent licensing are trivial. Universities collectively earn only about $3.6 billion annually in patent income—less than the federal government spends on Social Security in a single day. Even confiscating half would barely register against a $6 trillion federal budget. And yet the damage from such a policy would be anything but trivial. The true return on taxpayer investment isn’t in licensing checks sent to Washington, but in the downstream economic activity that federally supported research unleashes. Thanks to the bipartisan Bayh-Dole Act of 1980, universities and private industry have powerful incentives to translate early-stage discoveries into real-world products. Before Bayh-Dole, the government hoarded patents from federally funded research, and fewer than 5% were ever licensed. Once universities could own and license their own inventions, innovation exploded. The result has been one of the best returns on investment in government history. Since 1996, university research has added nearly $2 trillion to U.S. industrial output, supported 6.5 million jobs, and launched more than 19,000 startups. Those companies pay…

The post Fat Finger Causes Whale to Lose $6M in USDA Swap appeared on BitcoinEthereumNews.com. A dormant Cardano wallet just vaporized more than $6 million in a single swap after executing one of the most extreme slippage events the network has seen this year. The holder — whose address had not shown any activity since September 2020 — reappeared on-chain Sunday and swapped 14.4 million ADA (worth roughly $6.9 million) for just 847,695 USDA, a little-known Cardano-native dollar stablecoin. The trade was first flagged by on-chain investigator ZachXBT in their Telegram channel. (ZachXBT) The user effectively paid more than $8 per USDA at execution — a disastrous price, given that USDA is supposed to be pegged near $1 and has a market cap of only around $10.6 million. The transaction instantly wiped out around $6.05 million in value. With only thin on-chain depth available, the order ripped the stablecoin’s price to nearly $1.26 on Cardano DEXs, according to CoinGecko. USDA briefly floated above peg before retracing to roughly $1.04, as liquidity normalized once the whale-sized order finished clearing. The address had no prior history with USDA, making it unclear whether the user misclicked, confused the stablecoin ticker, or assumed liquidity would hold for a market-order style swap. A mistaken ticker choice is plausible — USDA is not widely traded, and the Cardano ecosystem has multiple USD-denominated assets with similar tickers. The episode is a textbook example of why large traders avoid illiquid pools and never route size through automated market makers without slippage checks. Even a few million dollars in ADA can overwhelm decentralized liquidity if the opposing side of the pool is barely funded. In previous cycles, traders have repeatedly lost seven-figures due to wrong tickers, zero-liquidity pools, or overly aggressive market orders executed through aggregators. On Cardano, the mistake is reverberating through trader circles not because of the stablecoin involved, but because the…