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The recent $1.5 billion ByBit hack has reignited debates about censorship and regulation in decentralized networks. Robert Sasu and Erik Voorhees , industry experts, argue that crypto should remain neutral, permissionless, and censorship-resistant. However, illicit activities and hacks challenge the industry’s core principles. The debate raises concerns about whether validators, DAOs, or developers should intervene in such cases. Robert Sasu emphasizes that the internet was envisioned as a free and decentralized communication layer. While illicit activities exist, government censorship is selective. The same principle applies to decentralized public ledgers, where hacks and illicit transactions are inevitable. However, policing blockchain transactions contradicts the industry’s foundational values. Similarly, Voorhees highlights that crypto was built on neutrality and transparency. Blockchains must operate under protocol rules without moral or legal subjectivity. Allowing validators or developers to censor transactions undermines the entire ecosystem. He questions whether miners or nodes should block illicit transactions and warns that subjective intervention compromises permissionlessness. The fundamental issue revolves around defining illicit transactions. Voorhees argues that different jurisdictions impose varying legal standards. A transaction deemed illegal in one country might be lawful elsewhere. He warns that integrating social and legal interpretations into blockchain protocols creates a permissioned financial system rather than a decentralized one. Moreover, the debate extends to law enforcement’s role. Both experts assert that crime prevention should remain the responsibility of legal authorities rather than blockchain protocols. They argue that allowing governments to demand transaction censorship sets a dangerous precedent. If major jurisdictions request rollbacks, it could undermine decentralization entirely. Despite opposing blockchain censorship, Sasu and Voorhees acknowledge the need for improved security measures. Strengthening protocol security, enforcing better smart contract audits, and educating users can reduce vulnerabilities. However, compromising decentralization is not the solution. Consequently, for the industry, the ByBit hack is a wake-up call . It emphasizes how vital it is to improve security without sacrificing the fundamental ideas of crypto. Maintaining cryptocurrency’s permissionless nature is essential for long-term innovation and adoption, as it was created to provide financial independence. DISCLAIMER: The information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.

Terminus, a leader in Web3 payments, has integrated with Pumpup AI to combine their AI-driven platform with specialized MEMECOIN leveraging trading capabilities. Through their strategic collaboration, both Fintech firms bring AI-based technology solutions to crypto transactions to improve trading and payment functions across their systems. 🚀 Pumping up the game! 🤝@terminus_pos is partnering with @Pumpup_ai, the world’s first on-chain AI-driven platform for MEMECOIN leveraged trading.About Pumpup AI | Pumpup AI is revolutionizing MEMECOIN trading with AI-powered, margin-free leveraged trading. By offering up… pic.twitter.com/LIFtLB4AGH — Terminus (@terminus_pos) March 3, 2025 Pumpup AI enables traders to improve capital use through margin-free leveraged trading which provides up to 7x leverage. The technology enhances trading strategies’ optimization capability within MEMECOIN markets to produce elevated return potential. The partnership between Terminus POS and Pumpup AI allows the platform to advance its payment functions into smart trading tools that support the entire cryptocurrency market. Terminus Advances Web3 Payments with AI Integration The AI-integrated Web3 payment solution Terminus POS serves as the top provider of cryptocurrency to real-world transaction connectivity. The Universal Payment system developed by the company lets users pay with cryptocurrency which gets converted automatically into fiat currency through existing QR code-driven integration. Terminus operates strongly in Thailand while targeting Asia-Pacific markets to lead the mass adoption of crypto payments. The joint venture between both companies focuses on improving user experience through AI-powered trading mechanisms merged with actual payment platforms. The combined power of Pumpup AI trading technology with Terminus POS Web3 payment network delivers an improved crypto platform that manages investment activities and basic transactions for digital currency users. Impact on the Crypto Market Terminus POS and Pumpup AI have joined forces to introduce beneficial possibilities for users of digital assets and businesses alongside crypto investors and traders. Users benefit from Pumpup AI algorithms that help improve their trading performance alongside Terminus POS’s system that enhances crypto payment functionality in actual transactions. AI-driven solutions in cryptocurrency have become essential because this partnership shows the escalating value of technological advancements in payment processing. The cooperation between Terminus POS and Pumpup AI focuses on developing an integrated crypto system through their AI-based leveraged trading solutions and instant payment systems.

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According to central bank governor Elvira Nabiullina, the Bank of Russia is delaying the release of the digital ruble, which was scheduled for this summer but will be delayed until an undetermined future date. “We continue to receive questions about delays in the widespread introduction of the digital ruble”, Nabiullina said. She explained that pilot testing has been successful, with 1,700 people, 15 banks, and 30 companies participating. However, she concedes that more consultation must occur with banks to find the best economic model to fit with customers before a rollout can occur. The Bank of Russia started this project because banks showed a keen interest in smart contracts, providing an apparent reason to make smart contracts a central component of the Central Bank Digital Currency project. Nabiullina announced the delay to the Association of Russian Banks (ASROS) and updated the attendees on the positive results achieved thus far with the pilot test. “Therefore, our intention”, said Nabiullina, “is to move to the mass introduction of the digital ruble a little later than originally planned, namely after we work out all the details in the pilot and consult with banks on the economic model, which is most attractive to their customers – for business, for people”. The digital ruble was designed to be a fully functioning Central Bank Digital Currency (CBDC), operating alongside cash and digital payments, providing reliable services without the need for interest or lending rates. The Banking Association estimated that a bank’s adoption of the digital currency would cost $1.1 million. The central bank will provide extra support for smaller banks, including free technical support. “For those components that are mandatory”, wrote Deputy Governor of the Bank of Russia, Zulfiya Kakhrumanova, “from the point of view of information security, we provide these solutions to banks free of charge. This software module for embedding is created and transferred to organizations, and in three different forms, so that banks can choose the most optimal one for their landscape”. “We provide free cryptographic information protection tools for subordinate certification centers deployed by banks, and this is also a significant cost aspect for banks”. The digital ruble further allows Russia to make international payments, relying less on Western infrastructure. It provides an alternative to the SWIFT payment system, allowing Russia and other countries to continue operating businesses regardless of Western sanctions. Given Russia’s high priority for SWIFT alternatives and BRICS business, one can only wonder why the digital ruble has been postponed. The proliferation of CBDCs would allow for bypassing the SWIFT international standard, displacing the dollar as an accepted medium of exchange. Currently, SWIFT is used to sanction entire states, having very little competition. The economic alliance of Brazil, Russia, India, China, and South Africa (BRICS), including Egypt, Iran, Indonesia, and Ethiopia, with additional right partner countries, has sought more reliable forms of payment that do not overly rely on American-dominated standards. BRICS has created a BRICS Pay Consortium, using QR codes to organise payments. The system is referred to as a decentralized automated organization (DAO). Although the system is not explicitly a blockchain, the consortium has been upfront about its intentions to explore blockchain solutions. Olga Goncharova, a financial consultant, claims that a digital central bank is not appropriate because digital currencies are programmable and have security concerns. She further says consumers may not prefer a digital currency, limiting its ability to roll out across Russia. Goncharova concedes that smart contracts could speed up loan processing and limit government spending, but she argues that these processes could be completed with traditional means.

Cardano (ADA) has been through a rollercoaster ride in recent months, showing both massive gains and sharp declines. After reaching a peak above $1.20, ADA suffered a significant correction, dropping below $0.60 before experiencing a dramatic price surge. However, despite the recent spike, the price is facing strong resistance, leaving traders wondering—will ADA continue its recovery, or is another major drop on the horizon? In this analysis, we will examine ADA’s key support and resistance levels, the current trend indicators, and whether the price could crash further or regain bullish momentum. Cardano saw an explosive move upward after touching its $0.60 support level, which acted as a psychological bottom for many traders. The sharp increase in price was likely fueled by a short squeeze, where traders betting on further downside were forced to buy back their positions, accelerating the rally. However, despite this bullish impulse, ADA quickly hit resistance near $1.20, a level that previously acted as a key rejection zone. The price has since dropped to $0.82, showing signs of increased selling pressure. ADA's bounce from $0.60 suggests that this area is acting as a strong demand zone. Historically, when ADA has tested this region, buyers have stepped in to push the price higher. If $0.60 holds, ADA could consolidate before making another attempt at higher resistance levels. On the flip side, if ADA fails to hold above $0.80, another retest of the $0.60-$0.65 zone is possible. If this level breaks, the next major support would be near $0.40, which could send bearish signals across the market. The Relative Strength Index (RSI) is currently at 52, indicating that ADA is in a neutral zone. However, just a few days ago, the RSI was oversold, meaning that the recent price recovery was likely a result of buyers stepping in at lower levels. If the RSI moves above 60, it could signal continued bullish momentum, while a drop below 40 would indicate renewed weakness. The Heikin Ashi candles also show some indecision in price movement. While recent candles have turned green, suggesting bullish attempts, the rejection at $1.20 means that bulls are not fully in control yet. For confirmation of a trend shift, ADA must print multiple strong bullish candles above $0.90-$1.00. For ADA price to continue its upward movement, it needs to break and hold above $1.00-$1.20. This region has acted as a significant resistance level in the past, and overcoming it would allow for a potential move toward $1.50 in the coming weeks. However, if ADA fails to break resistance and starts trending lower, the first critical support to watch is $0.80. A break below this level would likely lead to $0.60-$0.65, which is the last major support zone before a potential free fall toward $0.40. While a complete crash to $0 is highly unlikely, ADA could still experience further declines if market conditions worsen. A major breakdown below $0.60 would raise concerns about deeper losses, and if broader crypto market sentiment turns bearish, ADA could revisit its 2023 lows of around $0.25-$0.30. That being said, Cardano remains a solid blockchain project with strong development activity. If the crypto market recovers, ADA could still regain its previous highs over time. ADA’s recent price action suggests a mixed outloo k, with strong support at $0.60 and strong resistance at $1.20. While short-term traders might look for breakouts above $0.90-$1.00 for bullish confirmation, long-term investors may consider accumulating near the $0.60-$0.70 zone if the price dips again. For now, ADA remains at a critical decision point, and its next move will depend on whether it can break resistance or retest lower levels. Traders should watch the $0.80-$0.90 range closely, as a breakout or breakdown from this level will set the direction for the coming weeks.