Crypto News

The company led by Jack Dorsey has agreed to retain an independent monitor after violating the Department’s money transmitter and virtual currency rules.Source link

CoinDesk Indices presents its daily market update, highlighting the performance of leaders and laggards in the CoinDesk 20 Index.The CoinDesk 20 is currently trading at 2372.84, down 1.4% (-32.6) since 4 p.m. ET on Wednesday.Two of the 20 assets are trading higher.Leaders: HBAR (+2.5%) and ICP (+0.7%).Laggards: LTC (-4.9%) and FIL (-4.5%).The CoinDesk 20 is a broad-based index traded on multiple platforms in several regions globally.Source link

This content is provided by a sponsor. PRESS RELEASE. The rollercoaster ride of cryptocurrency markets continues as Ethereum and Bitcoin experience a notable recovery following promising developments in global trade news. The easing of tariff tensions has boosted market sentiment, encouraging a resurgence in digital assets. Meanwhile, all eyes are on another big milestone—the finalSource link

Decentralized finance (DeFi) protocol Umoja has released a product that allows Coinbase wrapped BTC (cbBTC) token holders to earn a 6% yield on layer-2 network Base.Umoja achieves its yield by tapping into a range of centralized and decentralized exchange strategies including covered calls and arbitrage, which involves buying an asset at on one venue and simultaneously selling it for a higher price on another venue.It's worthing noting that cbBTC is a wrapped token and not bitcoin (BTC) itself, it is an erc20 token backed 1:1 by bitcoin held at Coinbase.The Umoja protocol supports a number of Yield Vault Tokens (YVTs) collateralized by cryptocurrencies (including real world asset tokens).One of those YVTs is yBTC, which is minted once users deposit cbBTC...

U.S. President Donald Trump’s tariffs may make inflation harder to tame, the Federal Reserve has noted.Source link