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ECB President Lagarde Expresses Confidence in Powell's Position According to Odaily, European Central Bank President Christine Lagarde has expressed her belief that U.S. Federal Reserve Chair Jerome Powell will not be removed from his position. Lagarde stated, "I think Powell will not be dismissed. Both Powell and I are accustomed to political pressure, and I have great respect for them."

Hashflare Co-Founders Face Legal Confusion Amid Deportation Orders AI Summary According to Cointelegraph, the legal proceedings involving Sergei Potapenko and Ivan Turogin, co-founders of the crypto mining service Hashflare, have taken a complex turn following directives from the U.S. Department of Homeland Security (DHS). The two Estonian nationals, who are currently facing charges in the United States, received letters from DHS instructing them to "leave the United States" as part of a broader initiative by the Trump administration to implement mass deportations. This directive conflicts with a previous court order from Judge Robert Lasnik, which restricted their travel as part of their bail conditions. In February, Potapenko and Turogin admitted to conspiracy to commit wire fraud, acknowledging their role in defrauding Hashflare users of over $550 million between 2015 and 2019. They also raised $25 million from investors in 2017 under the pretense of creating a digital bank called Polybius, which was never established. Following their indictment in October 2022, the pair were arrested in Estonia and extradited to the U.S. in May 2024. They have been out on bail since July 2024 but face potential sentences of up to 20 years in prison. The situation has been further complicated by the DHS letters, which have reportedly been sent to thousands of immigrants who entered the U.S. legally using the CBP One app. Some U.S. citizens have also received similar letters as part of U.S. President Donald Trump's deportation efforts. Mark Bini, a defense attorney for Potapenko and Turogin, expressed concern over the conflicting directives from federal authorities, noting the legal predicament it creates for his clients, who are required to comply with both the law and their bail conditions. Bini speculated that the U.S. government might be suggesting that Potapenko and Turogin "self-deport" to Estonia, following a Justice Department memo indicating a potential shift in enforcement policy for crypto-related criminal cases. The co-founders were expected to remain in the U.S. until at least August 14 for their sentencing hearings. To navigate this legal ambiguity, Potapenko and Turogin now carry letters indicating that DHS has deferred action on their "self-deportation" for one year, should authorities attempt to detain them. Despite the possibility of prison sentences, the co-founders have returned $400 million in crypto payments to users and agreed to forfeit assets frozen by the government in 2022. Bini hopes to persuade the judge to allow his clients to return to Estonia, arguing that there was no actual financial harm to Hashflare's customers.

Peer-to-peer (P2P) in Bitcoin means that users can send and receive Bitcoin directly to each other without needing a central authority like a bank or payment processor. In simple terms: You send Bitcoin directly from your wallet to another person’s wallet — no middleman involved. It's one of the core ideas behind Bitcoin's decentralization.

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Using cryptocurrency exchanges for $EPT transactions involves several important considerations and steps. Here’s an overview of what you need to know: ### 1. **Choosing the Right Exchange**: - **Reputation and Security**: Select a reputable exchange with a strong track record of security. Look for exchanges that use measures like two-factor authentication (2FA), cold storage for funds, and regular security audits. - **Supported Pairs**: Ensure the exchange supports trading pairs for $EPT, such as $EPT/USD, $EPT/BTC, or $EPT/ETH. This will determine how easily you can buy or sell the asset. - **Fees**: Compare trading fees, withdrawal fees, and deposit fees across different exchanges. Lower fees can enhance your overall profitability. ### 2. **Account Setup**: - **Registration**: Create an account on the chosen exchange. This typically involves providing personal information, verifying your identity (KYC), and agreeing to terms of service. - **Security Measures**: Enable security features like 2FA and use a strong, unique password to protect your account. ### 3. **Depositing Funds**: - **Funding Your Account**: Deposit funds to your exchange account. This can usually be done via bank transfer, credit card, or cryptocurrency transfer. Ensure you understand the processing times and fees associated with each method. - **Fiat vs. Crypto Deposits**: If you’re using fiat currency, check the exchange’s supported fiat options. If you already own cryptocurrencies, you can usually deposit them to trade for $EPT. ### 4. **Trading $EPT**: - **Market Orders vs. Limit Orders**: Decide on the type of order you want to place. Market orders buy or sell $EPT at the current market price, while limit orders allow you to set a specific price at which you want to buy or sell. - **Understanding the Interface**: Familiarize yourself with the trading interface, including charts, order books, and trading tools. Many exchanges offer advanced features like stop-loss and take-profit orders. ### 5. **Withdrawal of Funds**: - **Transferring $EPT**: After purchasing $EPT, you can either leave it on the exchange for trading purposes or withdraw it to a personal wallet for safekeeping. Using a wallet provides greater security against exchange hacks. - **Withdrawal Fees and Processing Times**: Be aware of any fees associated with withdrawing $EPT and the time it takes for transactions to process. ### 6. **Security Best Practices**: - **Use a Personal Wallet**: For long-term holding, consider transferring $EPT to a secure wallet (hardware or software) that you control, rather than keeping it on the exchange. - **Beware of Phishing**: Be cautious of phishing attempts and only access the exchange through official websites or apps. Avoid clicking on unsolicited links. ### 7. **Tax Implications**: - **Record-Keeping**: Keep detailed records of all transactions, including purchases, sales, and withdrawals. This is important for tax reporting, as gains and losses from cryptocurrency trading may be subject to taxation in your jurisdiction. - **Consult with a Tax Professional**: Understand the tax implications of your cryptocurrency transactions, especially if you’re trading frequently. ### 8. **Market Research and Analysis**: - **Stay Informed**: Continuously research market trends, news, and developments related to $EPT. Many exchanges provide real-time data, charts, and analysis tools to help you make informed trading decisions. ### Conclusion Using cryptocurrency exchanges for $EPT transactions involves careful consideration of security, fees, trading strategies, and market dynamics. By selecting a reputable exchange, employing strong security measures, and staying informed about market conditions, you can effectively manage your $EPT transactions and enhance your overall trading experience. Whether you’re trading for short-term gains or holding for the long term, understanding the ins and outs of exchanges is essential for success in the cryptocurrency market.