Coindesk

“There’s a famous saying that sometimes the enemy of your enemy is actually your best friend,” Eric Trump told the crowd at Consensus in Toronto, Canada. “That was the Trumps with the crypto community. And I think the banks made the biggest mistake of their lives.”The son of U.S. President Donald Trump and co-founder of bitcoin BTC mining company American Bitcoin is also an adviser to World Liberty Financial (WLF), which recently launched a U.S. dollar-backed stablecoin, USD1, that has already reached $2 billion in market capitalization.Co-founders of WLF joined Trump on stage on Friday as they announced that USD1 was now operable across multiple blockchains through Chainlink’s Cross-Chain Interoperability Protocol (CCIP).Trump painted a vivid picture of personal grievance turned...

World Liberty Financial’s USD1 stablecoin is now operable across multiple blockchains through an integration with Chainlink’s Cross-Chain Interoperability Protocol (CCIP), the companies announced Friday.That’s according to World Liberty Financial’s team, Chainlink co-founder Sergey Nazarov, and the son of U.S. President Donald Trump, Eric Trump, who announced the cross-chain capabilities at Consensus 2025.USD1, a U.S. dollar-backed stablecoin launched by the decentralized finance protocol inspired by Trump, has seen significant growth since its debut, reaching $2 billion in market capitalization. The stablecoin was used to close MGX’s $2 billion investment in Binance.It still trails behind industry leaders Tether and Circle, whose leading stablecoins have a $151 billion and $60.6 billion market cap, respectively.The token is backed by short-term U.S. Treasuries and fiat...

Christy Goldsmith Romero, one of the four commissioners at the Commodity Futures Trading Commission, will depart the federal regulator at the end of the month, she announced Friday.Goldsmith Romero joins fellow Commissioner Summer Mersinger, who announced earlier this week that she would leave on May 30 after being named the next CEO of the Blockchain Association, a Washington, D.C.-based lobbying group for the crypto industry. In a statement, Goldsmith Romero said that derivatives markets, which the agency oversees, "experienced significant growth while remaining resilient and financially stable through times of market stress and volatility" during her time on the Commission. "I wish to also recognize the members of the CFTC Technology Advisory Committee, which I sponsored, for their landmark reports...

French Minister of the Interior Bruno Retailleau agreed on a series of measures to tighten the security of crypto professionals at a Friday meeting following a number of kidnappings that have targeted industry figures in the country.Measures including strengthening collaboration with internal security officers to protect professionals, a security briefing provided by police units and training to prevent crypto money laundering were discussed at the meeting. The Director General of the National Police and Gendarmerie and representatives from the Association for the Development of Digital Assets (ADAN) took part alongside other industry stakeholders.The meeting was held after Tuesday's failed kidnapping attempt on the daughter and grandson of a crypto exchange CEO, the third that's received widespread coverage since the start...

There’s no shortage of crypto projects that have been touted as the thing that will onboard the next billion users to Web3, but Moonwalk Fitness has a slightly different approach — wellness.The fitness accountability app, which launched for iOS and Android earlier this year, essentially offers users a way to bet on whether they’ll meet their fitness goals — for now, that’s daily steps, but Moonwalk Fitness’ Director of Growth Caitlin Cook — speaking with CoinDesk ahead of Consensus 2025 in Toronto — that the project hopes to add different types of in-app fitness challenges and metrics beyond step count.In its current form, Moonwalk Fitness presents users with a variety of games to choose from, varying in duration, step-count, and buy-in...