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On Feb. 11, Federal Reserve chairman Jerome Powell testified before the Senate Banking Committee and said that the central bank does not “need to be in a hurry” to adjust interest rates — casting doubt over future rate cuts in 2025.
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The US Bureau of Labor Statistics released its January 2024 Consumer Price Index report on Feb. 12, which showed higher-than-expected inflation figures.
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The US Bureau of Labor Statistics released its January 2024 Consumer Price Index report on Feb. 12, which showed higher-than-expected inflation figures.
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On Feb. 11, Federal Reserve chairman Jerome Powell testified before the Senate Banking Committee and said that the central bank does not “need to be in a hurry” to adjust interest rates — casting doubt over future rate cuts in 2025.
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ERCOT’s demand response programs voluntarily reduce energy usage during peak demand. This approach has eliminated the need for Berkshire Hathaway Energy’s proposed $10 billion investment in new gas peaker plants, which would have further increased electricity costs for Texans.
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Additionally, Toncoin will be the only currency used to pay Telegram Mini App developers and channel owners for their earned Telegram Stars and advertisement revenue.
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The spokesperson said that Toncoin has always been the only non-fiat payment option accepted by Telegram. “This move further reinforces their ongoing commitment to integrating Toncoin within their ecosystem,” the representative added.
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The system, announced on Jan. 21, is the first blockchain-based dispute resolution platform for bug bounties — open calls for developers to review a project’s code for vulnerabilities, prevent hacks and earn rewards.
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The new system aims to enhance efficiency, trust and integrity in bug bounty programs and the wider cybersecurity industry, according to Mitchell Amador, Immunefi’s founder and CEO.
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The rules for the blockchain-based arbitration system were developed in collaboration with Greenberg Traurig, a legal firm with over 2,750 attorneys in 48 locations. The system also benefits from the New York Convention, which makes rulings enforceable in 172 countries.
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The report highlighted that some lawmakers in Texas have questioned the role of BTC mining as an alternative to gas peaker plants, even as ERCOT and peer-reviewed studies confirm its positive impact on grid stability.
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Reports suggested Trump was planning on signing an executive order potentially related to crypto, but the White House had not announced anything at the time of publication. Neither digital assets nor blockchain appeared on the administration’s list of policy priorities as they were first published on Jan. 20.
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According to the DARI report, BTC mining offers a cleaner and more cost-effective solution where miners operate continuously and generate revenue while remaining able to reduce energy consumption when needed during peak demand.
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The system’s basics could theoretically be applied to resolve any legal disputes in blockchain environments, not just bug bounty-related issues. Amador explained:
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The United States debt ceiling is flashing a critical warning sign for Bitcoin, which may experience a temporary correction to $70,000 before the next leg up in the market cycle.
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Coinbase hired History Associates Incorporated to submit a FOIA request to the FDIC, which was denied and resulted in legal action to obtain the letters.
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The FDIC sent the Coinbase executive heavily redacted versions of the letters — prompting Judge Ana Reyes to order the agency to produce more transparent documents.
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Roughly a year after US Treasury officials added addresses associated with the cryptocurrency mixer Tornado Cash to the department’s list of sanctioned entities, authorities arrested Tornado Cash co-founder Roman Storm on money-laundering charges.
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Pertsev’s case moved forward; he was found guilty and sentenced to more than five years in prison in May 2024. As of January 2025, the Tornado Cash developer remains in custody as his lawyers prepare to appeal the conviction and sentence.
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Ilya Lichtenstein and Heather Morgan, the husband and wife behind laundering millions of dollars worth of Bitcoin from the 2016 hack of cryptocurrency exchange Bitfinex, have both been sentenced to prison.
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