ChainCatcher news, the Pathfinder Node incentive program launched by the decentralized data value infrastructure CESS Network has surpassed 20,000 units sold, and is currently in the fifth phase of sales, with the last two phases set to open soon.As an important component of storage in the CESS Network, holders of the Pathfinder Node will enjoy numerous unique benefits for building storage nodes after the mainnet goes live. Users holding the Pathfinder Node license (NFT) can participate in the CESS mainnet by running a Pathfinder node as soon as possible.It is reported that the CESS official will soon announce the specific launch date of the mainnet.

ChainCatcher news, according to an analysis by Eric Wall, co-founder of Taproot Wizards, the Bybit theft incident has been largely confirmed to be the work of the North Korean hacker group Lazarus Group. According to Chainalysis's 2022 report, this organization typically follows a fixed pattern in handling stolen funds, a process that may take years. Data from 2022 shows that the organization still holds $55 million from the 2016 attack, indicating that they are not in a hurry to cash out quickly.The process for handling stolen funds is as follows:Step one: Convert all ERC20 tokens (including liquidity derivatives like stETH) into ETH;Step two: Exchange all obtained ETH for BTC;Step three: Gradually exchange BTC for RMB through Asian exchanges;Final use: It is claimed that these funds will be used to support North Korea's nuclear weapons and ballistic missile programs;Analysis indicates that Bybit is currently supplementing a gap of about $1.5 billion in ETH through borrowing, a strategy that may be based on the hope of recovering the stolen funds. However, given the confirmation that it is the work of the Lazarus Group, the likelihood of recovery is extremely low, and Bybit will have to purchase ETH to repay the loans. In the long term, Bybit's purchase of ETH may offset the actions of the Lazarus Group selling ETH for BTC, and the BTC acquired by the Lazarus Group will gradually convert into selling pressure over the next few years.

ChainCatcher message, Federal Reserve's Goolsbee stated that the path to a 2% inflation rate looked good before new uncertainties emerged.

ChainCatcher news, former Coinbase CTO Balaji stated that as traditional IPO and merger & acquisition (M&A) paths are obstructed, Security Token Offerings (STO) on the blockchain may become a new avenue for tech companies to raise funds. He pointed out that the SEC's regulatory rules make it difficult for small companies to go public, and the recent tough stance of the Federal Trade Commission (FTC) on large-scale mergers further limits the exit routes for startups. This policy environment may weaken the funding flow and competitiveness of the startup ecosystem.However, he believes that changes in the crypto policy landscape have opened the door for STOs, and the new government's supportive attitude towards cryptocurrencies makes blockchain-based financing models more attractive. STOs can not only reduce the listing costs for small businesses but also provide startups with a source of capital independent of large tech companies. Balaji emphasized that this model aligns with the government's goal of keeping small businesses independent while also offering global investors the opportunity to participate without directly owning control of the enterprise.

ChainCatcher news, according to Jinshi reports, Federal Reserve Governor Bowman spoke about the economic outlook: inflation is expected to decline, but there are still upside risks, and stronger confidence in the decline of inflation is needed before any further rate cuts. Patience in waiting for rate cuts will help to better understand the impact of government policies.The labor market has not tightened due to a slowdown in hiring, but the unemployment rate remains below the expected level of full employment, and wage growth has exceeded levels consistent with the Federal Reserve's inflation target. Currently, the U.S. economy remains strong, with economic activity achieving robust growth and the labor market nearing full employment. Core inflation levels are still slightly high, but they seem to have returned to a downward trajectory. My basic expectation is that core inflation will further slow down this year. Monetary policy is not on a preset path.

ChainCatcher news, according to Jinshi reports, "Fed's mouthpiece" Nick Timiraos: The inflation data in January performed strongly, which undermines the justification for the Fed to further "readjust" the rate cut path before mid-year.

ChainCatcher news, a Federal Reserve official stated that he believes the decision to cut interest rates last month was a close call, as the current economic outlook seems different from when the Fed began lowering rates four months ago. St. Louis Fed President Bullard mentioned that by the time of last month's meeting, the risks of inflation hovering between 2.5% and 3% had increased.Therefore, he believes that caution should be exercised in further rate cuts. Bullard had previously hinted that he supported the Fed's decision to cut rates by 50 basis points in September. "Since last September, the situation has changed, economic data has been stronger, and inflation numbers have exceeded expectations. So I have changed my assessment of the risks; future rate cuts must be gradual and more gradual than I envisioned in September."Bullard stated that the job market is in good shape and needs to be closely monitored, but there are "still inflation issues" in the Fed's mandate. Due to his estimate of the neutral rate being slightly higher than most of his colleagues, the currently set rate may be slightly below the appropriate limit.