Longing for liquidity — 5 things to know in Bitcoin this week
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Canadian Teen Charged for $50 Million Cryptocurrency Theft
An eighteen-year-old from Montreal is facing four criminal charges connected to a $50 million SIM-swapping scam targeting cryptocurrency holders, Infosecurity Magazine reported on Jan. 17.The hacker, Samy Bensaci, is accused by Canadian authorities of being part of a ring that stole millions of dollars in cryptocurrency from American and Canadian holders. The theft is said…

How to improve your coding skills using ChatGPT
As a language model, ChatGPT is primarily used for natural language processing tasks such as text generation and language understanding. While it can be used to generate code samples, it’s not designed to help improve coding skills. However, here are a few ways ChatGPT can be used to help improve coding skills.Practice explaining coding conceptsUse ChatGPT…

HODLer claims to have used crypto profits for father’s cancer treatment
Though investing in crypto has the potential to radically change someone’s financial situation, one HODLer is saying their actions may have actually saved someone’s life. In a Reddit post under the r/cryptocurrency subreddit today, a U.K.-based user claimed that advice they gave to a university acquaintance two years ago resulted in that person’s father being able to…

Troubled miner returns 26,000 rigs to eliminate debt
The mining operator entered into a deal with NYDIG to sell rigs to alleviate $64.7 million in outstanding debt. 550 Total views 8 Total shares The United States-based Bitcoin mining company, Stronghold Digital Mining (SDIG), announced on Tuesday new moves to elevate outstanding debt and restructure its financial operations.In an agreement with lender New York…

Don’t trust your coins to anyone, Ledger CEO warns
The Ledger CEO said that until people begin using decentralized technology, control over assets and data will remain in the hands of the big tech giants and centralized intermediaries. The rise of decentralized services and hardware security wallets means that we no longer need to rely on intermediaries to manage our financial assets and data,…

Compound’s COMP Token Takes DeFi by Storm, Now Has to Hold Top Spot
When Compound launched its governance token, COMP, on June 16, few in the crypto space could have predicted how rapidly it would rise to the top. As Cointelegraph reported at the time, it only took a single day of trading for COMP to become the leader of the decentralized finance rankings. It was a historic…

Russia’s central bank goes to war: Is cryptocurrency a friend or foe?
In January 2022, the Central Bank of Russia (CBR) proposed a number of measures aimed at curtailing the country’s cryptocurrency market, which included a blanket ban on the use and mining of all cryptocurrencies. It pointed out risks posed by the volatile nature of cryptocurrencies to the financial stability of the country, the extensive use…

Making a crypto fortune is easy, but here are 5 rules to follow to keep it
Investing in any financial asset can be a tricky exercise, but this is especially true for the fast-paced cryptocurrency market, which comes with its own unique set of pitfalls and challenges. A popular saying dictates that it takes 10,000 hours to master a skill and become an expert. In cryptoland time, this is measured in market…