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U.S. prosecutors have asked a federal judge to green-light the return of nearly 80% of the 119,754 bitcoins stolen in the 2016 hack of crypto exchange Bitfinex.In a Tuesday court filing, prosecutors said the 94,643 bitcoins recovered by the government from the original wallet used by the hacker, Ilya Lichtenstein, can be paid to Bitfinex as restitution in-kind once the court gives the go-ahead. The Bitcoin Cash, Bitcoin Satoshi Vision and Bitcoin Gold generated via several hard forks following the hack will also be sent to Bitfinex.Last November, Lichtenstein was sentenced to 5 years in prison after pleading guilty to…
Upwork (UPWK) has released its 2025 In-Demand Skills report, revealing significant trends in the freelance marketplace. The report highlights a 220% year-over-year growth in specialized AI skills, particularly in generative AI modeling and AI data annotation, with these roles commanding up to 22% higher hourly rates than traditional AI positions.The findings show a dual trend: while technical AI expertise is booming, human-centric roles like career coaching have seen a 74% increase in demand. Nearly half of businesses (49%) are using freelancers to fill skill gaps, with 48% of CEOs planning to increase freelance hiring. Notably,…
U.S. stocks were surging on Wednesday morning as Treasury yields fell after core inflation data came in below expectations, boosting bets that the Federal Reserve will still be able to cut interest rates this year.The Dow Jones Industrial Average was jumping over 600 points, or 1.5%, to around 43,125, according to FactSet data.The S&P 500 was up 1.4%, to around 5,922.The Nasdaq Composite was rising 1.7%, at around 19,361.The consumer-price index report (CPI) for December showed U.S. inflation rose 0.4% in December for a year-over-year rate of 2.9%, according to the Bureau of Labor Statistics, but the so-called core CPI,…
Freelance Platform MarketThe “Freelance Platform Market” intelligence report, just published by USD Analytics Market, covers a micro-level study of important market niches, product offers, and sales channels. To determine market size, potential, growth trends, and competitive environment, the Freelance Platform Market provides dynamic views. Both primary and secondary sources of data were used to generate the research, which has both qualitative and quantitative depth. Several of the major figures the study featured Upwork, Fiverr, Toptal, Freelancer, PeoplePerHour, Guru, 99designs, SimplyHired, TaskRabbit, Outsourcely, Catalant, WorkanaGet Sample Report + All Related Graphs & Charts @: https://www.usdanalytics.com/sample-request/10385The Global Freelance Platform Market Size is…
Silver Faces Headwinds from Hawkish Fed Expectations Silver (XAG/USD) is trading near $29.84 after hitting an intraday low of $29.74. Like gold, silver is under pressure from softer U.S. inflation data and strong U.S. jobs numbers. Expectations of rising Treasury yields and the Fed’s tightening policy continue to dampen the appeal of silver as a safe-haven asset. Silver’s performance also reflects broader market trends favoring riskier assets amid easing fears of aggressive rate hikes. However, geopolitical developments keep investors cautious, offering a degree of support for precious metals. Upcoming CPI Data and Geopolitical Uncertainty Remain Key Drivers Market participants are…
Jan 15, 2025 07:16 AM IST The biggest challenge, without doubt, is one of safety – something that has forced her to work largely over the phone. Chennai The biggest challenge, without doubt, is one of safety – something that has forced her to work largely over the phone. (HT PHOTO) Laasya Shekhar was a reporter for 10 years when she was abruptly laid off in December 2023 from her organisation in the middle of a wave of retrenchments. The 31-year-old was six-months pregnant at the time. “I began to doubt my competence and started pitching left, right and centre…I…
Ripple’s XRP has bounced back and is up by more than 11 percent in the last 24 hours. The price is trading above the important $2.80 level and is now eyeing to break the $3 mark. XRP hit a high of $2.87 and then hit a reverse.Local Uptrend and Support LevelsXRP has been in a local uptrend since December 30, characterized by higher highs and higher lows. To maintain the bullish outlook, it’s crucial for these higher lows to hold. Currently, the market is undergoing a sideways correction, which may signal the completion of the triangle pattern.Wave Structure and Price…