Day: March 17, 2023

Intern for Gensler? SEC’s college traineeships start at $15 an hour

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College students wishing to intern for the United States Securities and Exchange Commission (SEC) are in luck — the regulator has opened applications for its Scholars Program for Fall 2023. The SEC is after “student trainees” for its business and legal programs, with the business program paying between $15.09 to $28.83 per hour for the traineeship at its Washington D.C. headquarters. The job opportunity announcements for the Fall 2023 SEC Scholars Program are now live! The announcements will close on Monday, April 3rd. The program targets currently enrolled students to…

Moscow City Crypto Exchanges Ready to Send Cash to London, Report – Exchanges Bitcoin News

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An investigation into digital asset exchanges in the Russian capital has established that some of them are ready to buy digital coins and deliver paper money in the U.K. The transfer of funds does not usually involve the identification of the clients, Transparency International Russia reveals in a report. Russia-based Cryptocurrency Exchanges Swap Stablecoins for British Cash Russian crypto exchanges that can transfer money abroad without following know-your-customer (KYC) procedures and anti-money laundering (AML) are in the focus of a study conducted by the Russian Chapter of Transparency International. The…

Lightning Labs and Tari agree to convert restraining order in trademark suit

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Bitcoin (BTC) software firm Lightning Labs and blockchain startup Tari Labs have agreed to convert a court-ordered temporary restraining order that halts the development of Lightning’s Taro protocol. In a March 15 filing, lawyers for both Lightning and Tari proposed converting the restraining order to a preliminary injunction — a temporary order that prevents a party from undertaking certain actions. The order’s conversion to a preliminary injunction would stop the development of the protocol until a court decision is reached. The two firms agreed that Lightning would still not make…

Euler Finance hacked despite 10 audits in 2 years, says CEO

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Ten separate audits conducted over a two-year period of the Ethereum-based lending protocol Euler Finance deemed it to be “nothing higher than low risk” and having “no outstanding issues” prior to it suffering from a $196 million attack. In a series of tweets on March 17 Euler Labs CEO, Michael Bentley described the “hardest days” of his life after Euler’s $196 million flash loan attack on March 13. He retweeted one user sharing information that Euler had 10 audits from 6 different firms, and commented that the platform “has always…

Wallet Tied to Euler Exploit Sends 100 Ether to Lazarus Group

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Bitcoin is beating Warren Buffett’s ‘crypto bet’ in 2023

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In 2023, Bitcoin (BTC) and Cathie Wood’s Coinbase (COIN) investment are finally outperforming Warren Buffett’s popular “crypto bet” in Brazil’s fintech giant Nubank (NU).  Bitcoin vs. crypto-exposure stocks NU, COIN As of March 17, Bitcoin’s price is up nearly 55% year-to-date (YTD). In comparison, Nubank has risen by only 26%. Meanwhile, another crypto-exposure asset, namely Coinbase stock (COIN), has seen the biggest rebound of the three, rising over 100% YTD.  BTC/USD and COIN versus NU yearly performance. Source: TradingView Nevertheless, Buffett’s investment has fared better than COIN over the past 12 months. As of…

Arbitrum Launches Native Governance Token ARB and Self-Executing DAO Governance Model – Bitcoin News

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The Ethereum layer two (L2) scaling solution Arbitrum has launched a native governance token named ARB and a self-executing decentralized autonomous organization (DAO) governance model. The ARB token will have an initial supply of 10 billion, and coins will be airdropped to the Arbitrum DAO treasury, Offchain Labs (the company behind Arbitrum), Offchain Labs investors, users of the Arbitrum platform, and DAOs that are building with the L2 technology. Arbitrum Launches Self-Executing DAO Governance Model That Aims for Increased Decentralization Arbitrum, the L2 scaling project, has announced the launch of…