asnoucs

@asnoucs

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Wishing everyone a safe and healthy day free from injuries.

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Alongside macroeconomic concerns, the crypto investor sentiment drop was mainly due to the $1.4 billion Bybit hack on Feb. 21, the largest exploit in crypto history.

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Uniswap announced the end of an SEC investigation into the decentralized exchange firm on Feb. 25 — a development that was lauded as a major win for decentralized finance.

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These methods rely on creating an illusion of demand, often through automated trading bots that rapidly buy and sell tokens to inflate prices artificially. This fabricated activity tricks new investors into believing a project has real momentum. A fast-growing green candle and seemingly organic volume draw in new investors with the promise of quick gains.

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Cryptocurrencies with potential exchange-traded fund (ETF) approvals, robust revenue-generating models and sustained investor attention may outperform the rest of the market, Ju said. Still, “The era of everything pumping is over,” he added.

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While Milei claims he has “nothing to hide” and acted in “good faith,” he acknowledged that he has “something to learn” from the ordeal, including the need to “start setting filters” on what conduct is appropriate and what isn’t.

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More than two-thirds of the existing Bitcoin layer-2 projects will cease to exist within three years as their initial excitement fades, said Muneeb Ali, co-founder of Stacks.

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Studying Bitcoin’s underlying technology and economic impact could strengthen central banks despite past hesitancy from financial institutions concerned about its volatility, according to Aleš Michl, governor of the Czech National Bank (CNB).

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The Hong Kong Securities and Futures Commission (SFC) has introduced a new roadmap aimed at positioning the city as a global cryptocurrency hub.

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https://warpcast.com/irracig2/0x10b8c522

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On Feb. 19, Mantra Finance announced that it secured a VASP license from VARA to operate as a digital asset exchange and provide broker-dealer, management and investment services.

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DOGE, for its part, maintains that it has always used the correct number and that discrepancies can occur occasionally, which it aims to quickly correct.

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Further, many claim the cuts are ill-informed or reflect personal grievances that Musk himself may have with certain government agencies.

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Another Polymarket market speculating on whether the audit will reveal missing gold reserves has also seen increased activity, with current odds showing a 17% chance of missing assets.

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Trump’s order created a crypto working group led by White House AI and crypto czar David Sacks to come up with a legal framework for crypto and stablecoins, along with studying the possible creation of a national crypto stockpile.

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The IRS disclosed on Dec. 27, 2024, that the DeFi broker rules, if implemented, would affect up to 875 DeFi brokers in the US.

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The Blockchain Association argued that this rule imposes severe and unjustified burdens on American DeFi companies, threatens innovation in the digital asset sector and undermines US competitiveness in financial technology:

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In addition to the compliance burden, the rule unfairly targets US-based crypto companies and could “cripple DeFi innovation” in the US.

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The Blockchain Association claimed that the rule was a “midnight rulemaking” effort and that Congress should make all decisions with such far-reaching consequences. The letter urged Congress to vote in favor of the CRA resolution to support DeFi innovation, economic growth, job creation and financial inclusion.

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Crypto exchange Kraken had a 39% increase in regulatory and enforcement data requests in 2024, with the majority coming from US agencies, including the Federal Bureau of Investigation (FBI), according to its latest transparency report.

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