ariaela94

@ariaela94

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Some industry watchers criticized THORChain’s privacy-preserving features for enabling the movement of illicit funds by North Korean agents.

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The protocol was the subject of significant controversy amid the growing flow of illicit North Korean funds.

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The exploiters have used the crosschain asset swap protocol THORChain to move the funds. THORChain’s swap volume rose past a $1 billion record high after the Bybit hack, Cointelegraph reported on Feb. 27.

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Bitcoin’s price may decline further, with analysts warning of a potential drop to $81,000 amid ongoing exchange-traded fund (ETF) outflows and market uncertainty.

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The current downturn may signal an incoming market capitulation, according to Juan Pellicer, senior research analyst at crypto intelligence platform IntoTheBlock.

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The figures come from data shared by Jamie Coutts, chief crypto analyst at Real Vision. In a Feb. 19 X post, Coutts noted:

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https://warpcast.com/ariaela94/0x76a1388f

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https://warpcast.com/ariaela94/0xbd1c3559

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“If this winter-time lull in progress is temporary, as it was last year, then further policy easing will be appropriate. But until that is clear, I favor holding the policy rate steady,” Waller said.

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Waller, chair of the Fed Board’s payments subcommittee, said in a Feb. 17 speech in Sydney, Australia, that January had “disappointed” with uneven progress on inflation but said if the year “plays out like 2024,” that rate cuts would be “appropriate” at some point.

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US Federal Reserve Governor Christopher Waller has come out in favor of pausing interest rate cuts as inflation remains uneven but is leaving open the possibility of reductions later this year.

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Following the LIBRA scandal, Meow also announced that he would be hiring Fenwick and West law firm — currently facing a lawsuit over claims it was “directly involved” in helping FTX blur its relationship with Alameda Research in 2022 — to investigate the situation and publish an independent report.

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He said there was “nothing exclusive or unique” about the relationship between Meteora and LIBRA deployer Davis.

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Following pre-authorization, OKX intends to obtain a full MiCA license through its dedicated hub in Malta, and plans to offer a wide range of services and token pairs.

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“It signals the very end of our MiCA application process,” Ghoos said.

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Granted by the Malta Financial Services Authority (MFSA) on Jan. 22, the pre-authorization means that the firm has completed the regulator’s review process and is eligible to be approved for a full MiCA license, OKX Europe’s general manager, Erald Ghoos, told Cointelegraph.

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Cryptocurrency exchange OKX has received pre-authorization under the European Union’s Markets in Crypto-Assets (MiCA) regulation, the exchange told Cointelegraph on Jan. 23.

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The bill would also have required the crypto donations to be immediately converted into US dollars, with no scope for expenditures or holding the assets. However, the 2023 bill was struck from the calendar after failing to comply with the state’s Rule 1507, which enforces strict deadlines for certain bills.

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This bill marks a potential shift in Kansas lawmakers’ stance on cryptocurrency investments. In 2023, lawmakers in the Kansas House of Representatives introduced a bill to limit political crypto donations to $100. The $100 cap would be based on the “fair market value” of the digital assets after it was received.

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From there, it must pass four additional steps before being referred to the House of Representatives, where it will undergo a similar process. If approved, it will be sent to the governor for final approval or veto.

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