coffee

Sometimes, we need to allow ourselves to slow down and breathe.
Grabbing a coffee break during lunch right now.

Warpcast

Big mood fr 😂 need to get it together asap but y’all have fun tho!

Investing in solving scalability challenges and improving user interfaces for decentralized services is a must. The technology should be as easy to use as internet services while providing superior privacy and control.

The road to a fully decentralized internet is not without its challenges.

In an announcement on Feb. 22, Zhou thanked the crypto community for its outpouring of support, writing: “Within 24 hours of the event, we were overwhelmed with support from some of the best people and organizations in the industry, and we do not take it for granted. We have shared in a dark moment of crypto history.”

On Feb. 22, Cointelegraph reported that Bybit’s assets had dropped over $5.3 billion due to the hack and subsequent withdrawals. However, independent audits confirmed that the exchange still had more reserves than liabilities. That same day, Feb. 22, Bybit CEO Ben Zhou noted that withdrawals had returned “to a normal pace.”

“I made 920+ addresses receiving funds tied to the Bybit hack public and noticed a person laundering for Lazarus Group previously launched meme coins via Pump Fun,” he said.

Opposition lawmaker Leandro Santoro told Reuters he would be launching a request to impeach the president.

Rombolá also said his firm is preparing a class-action suit for people who might have invested in the token and lost money.

A bill to provide a framework for taxing crypto transactions and introducing other taxes is currently before lawmakers, with expectations that it will be adopted this quarter. The Nigerian legislature, called the National Assembly, reconvened for its 2025 legislative session on Jan. 14, 2025.

Baldiviezo also accused Milei of violating the Public Ethics Law, which is Argentina’s framework for public officials, requiring them to declare asset holdings and conflicts of interest.

Today in crypto, FTX is set to begin repaying $1.2 billion to creditors, marking a key step in the exchange’s bankruptcy proceedings, Argentine President Javier Milei made his first public statement since the disastrous Libra memecoin launch to deny any wrongdoing on his part, and the ratio of long to short positions on SOL in futures markets is tilting bearish as memecoin losses mount.

FTX Digital Markets, the Bahamian unit of the collapsed cryptocurrency exchange FTX, is set to repay the first group of creditors on Feb. 18 in a significant development for the crypto industry following the exchange’s almost $9 billion collapse.

A judge will be assigned to the case, or it will be referred to a prosecutor for further investigation on Feb. 17, according to the Associated Press report.

Nigeria has been a leader in crypto adoption. According to Consensys’ 2024 Perception Survey, 84% of respondents in Nigeria said they owned a crypto wallet. In its Geography of Cryptocurrency Report published in October 2024, Chainalysis ranked the country No. 2 overall in global crypto adoption, highlighting the country’s appetite for decentralized finance.

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.

Other blockchain data firms had warned about the project before the meltdown. Blockchain analysis firm Bubblemaps warned about LIBRA’s flawed tokenomics, revealing that 82% of the supply was unlocked and sellable from the start.

He emphasized that while Europe has adopted the Markets in Crypto-Assets Regulation (MiCA) to protect investors, the United States continues to regulate crypto on a case-by-case basis depending on whether assets are classified as securities.

ruby0heneri

@ruby0heneri