According to unnamed sources, the home of Ryan Salame, the former co-chief executive of FTX Digital Markets, was searched by the U.S. Federal Bureau of Investigation (FBI) on Thursday. The grounds for the raid remain unknown, and neither Salame nor his legal representative have offered any statement concerning the situation. FBI Conducts Mysterious Search on Home of Former FTX Executive…
Month: April 2023
Tim Draper tells how his family moved into Bitcoin
Tim Draper, one of the most known Silicon Valley venture capitalists, has played a crucial role in the Draper VC dynasty. Not only because he was an early investor in tech firms like Tesla or Skype but also because he made a turning point in the Draper family’s path to Bitcoin (BTC). In the latest episode of Cointelegraph’s Crypto Stories,…
Digital asset regulations around the world
As cryptocurrencies continue to become a bigger part of the global economy, more and more governments are exploring ways to regulate the industry and construct rules for firms operating in the space. There have been some significant regulatory developments in recent weeks, with the European Parliament approving the Markets in Crypto-Assets (MiCA) regulations on April 20, Ukraine announcing it would adopt…
Bitcoin Miner Bitfarms Hits New Hashrate High Amid Argentine Expansion
Bitcoin miner Bitfarms has hit a new milestone after growing operations in Argentina, the company said in an announcement to investors. On Thursday, the group hit a hashrate of 5 exahash per second (EH/s), meaning 5 quintillion hashes per second were achieved. The all-time high was attributed to the expansion of production at its farm in Argentina, which was first…
Google Cloud to optimize Polygon zkEVM scaling performance
Polygon Labs and Google Cloud announced a multi-year partnership at Consensus 2023 that will see the cloud computing service provider help boost the development of the Ethereum (ETH) scaling protocol’s tools and infrastructure. Polygon’s core protocols, including Polygon PoS (proof-of-stake), Polygon zkEVM and Polygon Supernets, are set to benefit from the provision of Google Cloud’s framework and developer tools. The partnership…
Polygon Lending Protocol 0VIX Pauses Protocol After $2M Exploit
0VIX, a lending protocol on Polygon and Polygon zkEVM, has reportedly been exploited for at least $2 million. The protocol enables borrowing against multiple stablecoins, derivatives of Ethereum and Polygon’s native MATIC token, as well as Aavegotchi’s staked token, vGHST. Aavegotchi is a blockchain gaming project inspired by the popular Tamagotchi game. The exploit was carried out on the vGHST…
Comedy club NFT debacle teaches lesson in transparency
In Venezuela, humor plays an important role, either as a form of protest or a way to make sense of reality. In November 2021, humor and nonfungible tokens (NFTs) were combined with the launch of the Comedy Monsters Club (CMC) project. The project was led by Roberto Cardoso, better known by his former stage name “Bobby Comedia,” and co-founded with…
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 concepts and an eagerness to…
Systemic Swiss Banks Not Ready for Crisis, Regulator Says – Finance Bitcoin News
Switzerland’s financial regulator is not satisfied with the emergency plans of two of the Alpine nation’s five major banks. The assessment refers to a period prior to the rescue of Credit Suisse by UBS when the authority viewed the troubled giant’s preparedness in positive terms. 2 Swiss Banks Unable to Implement Recovery Plans, Finma Finds The Swiss Financial Market Supervisory…
How HODLers can become changemakers and drive adoption
If Bitcoin (BTC) were a country, it might be one of the biggest in the world. That’s according to Jeff Booth, general partner at Bitcoin venture fund Ego Death Capital and author of “The Price of Tomorrow.” Cointelegraph spoke to Booth to better understand–and visualize–the state of the Bitcoin movement in 2023. Booth sat down to enjoy a pint and a…