Coindesk

The Trump administration’s exemption on tariffs for electronics may be short-lived.Commerce Secretary Howard Lutnick said Sunday that the White House’s decision to exempt items like smartphones, computers, and other consumer electronics from steep tariffs earlier this month was only temporary.A new set of duties focused on semiconductors is expected within “a month or two,” he said.“All those products are going to come under semiconductors, and they're going to have a special focus type of tariff to make sure that those products get reshored,” Lutnick said during an interview on ABC’s This Week.The goal, he added, is to encourage chip and flat panel production in the U.S. and reduce dependence on Asian manufacturing. The clarification follows a bulletin from U.S. Customs...

JPMorgan Chase CEO Jamie Dimon is bracing for a disruption in the near $30 trillion U.S. Treasury market — one he says could force the Federal Reserve to step in, just as it did during the early days of the COVID-19 pandemic.“There will be a kerfuffle in the Treasury markets because of all the rules and regulations,” Dimon said in a Friday earnings call, warning that the Fed won’t act until “they start to panic a little bit."Dimon's comments come as bond yields spike and market volatility rises. The rising yields have suggested investors are pulling back from popular trades that exploit gaps between Treasury prices and futures, adding stress to a market already rattled by trade tensions under the...

Luxor Technology wants to make bitcoin mining easier. That’s why the firm has rolled out a panoply of products (mining pools, hashrate derivatives, data analytics, ASIC brokerage) to help bitcoin miners, large and small, develop their operations.Aaron Forster, the company’s director of business development, joined in October 2021, and has seen the team grow from roughly 15 to 85 people in the span of three and a half years.Forster worked a decade in the Canadian energy sector before coming to bitcoin mining, which is one of the reasons why he’ll be speaking about the future of mining in Canada and the U.S. at the BTC & Mining Summit at Consensus this year.Follow full coverage of Consensus 2025 in Toronto May...

As the crypto industry matures, much of the focus remains on regulation, custody, and scalability. But in 2025, the biggest barrier to adoption isn’t policy — it’s user experience. Crypto’s interfaces are still too complex for everyday users. From managing seed phrases to deciphering blockchain transactions, onboarding feels more like navigating a maze than joining a financial revolution. Wallets remain fragmented, unintuitive, and risky.To reach mainstream adoption, the industry must prioritize usability — making wallets and financial tools more accessible — without compromising the core principles of decentralization. Until then, poor UX will continue to hold crypto back.Vitalik Buterin’s Call for Account AbstractionEthereum co-founder Vitalik Buterin has been one of the most vocal proponents for improving the usability of crypto...

The proliferation of mainstream artificial intelligence (AI) tools in the last couple of years has stirred the crypto and blockchain industry to explore decentralized alternatives to Big Tech products.The synergy between AI and blockchain is built on addressing the risk of centralized ownership and access to data that powers AI. The theory goes that decentralization can mitigate against the entire AI economy being powered by the data owned by a few tech behemoths like Alphabet (GOOG), Amazon (AMZN), Microsoft (MSFT), Alibaba (9988) and Tencent (0700).It is unclear as yet whether or not this will prove to be a significant problem at all, much less whether the blockchain industry will be able to solve it. What is clear, however, is that...