Bitfinex hacker should get 5 years jail for 120K BTC heist: Feds
Ilya Lichtenstein, who stole 120,000 Bitcoin in a 2016 hack on Bitfinex, should receive a reduced sentence of five-years in prison, prosecutors say.
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What Paul Krugman gets wrong about crypto
In mid-November, as crypto markets reeled in the aftermath of FTX’s meltdown, Nobel Prize-winning economist Paul Krugman made use of his New York Times column to disparage crypto assets — again. Despite his unquestionable academic credentials, Krugman reiterated a common misunderstanding in his attempt to understand crypto assets — by conflating Bitcoin (BTC) with other…

Bitcoin’s Technicals Show Signs of a Bottom, Possible Short Term Rally: Analysts
Key technical parameters signal that top cryptocurrency Bitcoin (BTC) may be finding a bottom, and could even be headed for a short term price hike, according to analysts at Bloomberg Jan. 22.Bitcoin’s GTI Global Strength Technical Indicator is now at 35.6, which Bloomberg notes is “nearing oversold levels,” and the lowest level since December. The…

Indian authorities freeze $8.1M in WazirX funds as part of AML investigation
The Directorate of Enforcement of India alleged that WazirX "actively assisted around 16 accused fintech companies in laundering the proceeds of crime using the crypto route." 247 Total views 3 Total shares India’s Directorate of Enforcement, or ED, has announced it froze roughly $8.1 million in funds and conducted a search connected to cryptocurrency exchange…

Italy: Securities Regulator Issues Suspension to Crypto Investment Firm, Associated Crypto
Italy's national securities regulator, La Commissione Nazionale per le Società e la Borsa (CONSOB), has issued a notice suspending investment firm Tessline and its cryptocurrency liracoin. The news was reported by Cointelegraph Italy on June 4.In its notice, CONSOB stated that a series of entities and websites affiliated with both Tessline and liracoin are ordered…

Bithumb crypto exchange temporarily closes some offices due to COVID-19
Bithumb’s offline support center in Gangnam is closing down due to COVID-19. 1923 Total views 17 Total shares Bithumb, the largest cryptocurrency exchange in South Korea, is preparing to close some of its offices due to the ongoing COVID-19 pandemic.According to an official announcement on Nov. 23, Bithumb will be temporarily suspending its offline support…

Ethereum’s Merge FOMO isn’t priced in, making a spike to $2.6K a possibility
In a May 30 tweet, Ethereum (ETH) core developer Tim Beiko confirmed that the much-anticipated switch from proof-of-work to proof-of-stake can be expected “around June 8 or so.”Interestingly, Ether's price action is relatively unchanged despite the unexpected bullish announcement. There was a +10% spike on May 30, but those gains were given back between May…

Shanghai Man: China retains mining control? Alipay’s ancient NFTs and Amber’s big raise
A look at miners shifting hardware overseas, Amber raises $100m, and Bitmain temporarily shuts down sales among dropping hashrate sales. 365 Total views 1 Total shares This weekly roundup of news from Mainland China, Taiwan, and Hong Kong attempts to curate the industry’s most important news, including influential projects, changes in the regulatory landscape, and…

9 Common interview questions for AI jobs
Artificial intelligence (AI) is a rapidly growing field, and as a result, the job market for AI professionals is expanding. AI job interviews can be particularly challenging because of the technical nature of the field. However, technical expertise is not the only factor that interviewers consider. Non-technical candidates who can demonstrate an understanding of AI…