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Block Inc. has agreed to pay $40 million to settle accusations from the New York Department of Financial Services that the company didn’t properly manage its money-laundering safeguards, according to a statement from the regulator on Thursday. Block, which operates Cash App
The cryptocurrency market is navigating turbulent waters as geopolitical tensions and trade policies reshape investor sentiment. BNB’s recent price action, featuring a 13.2% trading range, highlights the heightened volatility affecting digital assets. Technical analysis reveals key support around $540-$545 and resistance at
In today’s crypto for advisors, Zac Townsend from bitcoin life insurance company Meanwhile explains estate planning options for managing bitcoin inheritance. Then, Peter Dunworth from The Bitcoin Adviser answers questions about these strategies from an advisor’s point of view in Ask an
The move to introduce a spot dogecoin ETF (DOGE) to the U.S. market now includes three crypto-focused asset managers, with 21Shares joining Bitwise and Grayscale. The Switzerland-based crypto asset manager submitted an initial S-1 filing with the U.S. Securities and Exchange Commission
After three years on mainnet, Aptos still occupies an unusual position in the blockchain ecosystem. Born from Meta’s abandoned Libra project with backing from top-tier VCs, it entered the market with high expectations and even higher valuations. Aptos is known as a
Global economic uncertainties and escalating trade tensions are creating ripple effects throughout cryptocurrency markets, with Dogecoin demonstrating remarkable resilience amid the turbulence. After experiencing a sharp 21.2% correction that saw prices tumble from $0.165 to $0.130, DOGE has staged a significant recovery,
In early January, after Prime Minister Justin Trudeau announced he was stepping down, all polls pointed to political upheaval in Canada should an election be called. Now, it looks to be an unprecedented fourth term for the Liberal Party, led by former
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
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
Inflation in the U.S. actually declined at the headline level and the core rate barely rose, possibly reigniting debate about whether the Federal Reserve would resume trimming rates at its next meeting in May. The Consumer Price Index (CPI) fell 0.1% in