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Good in Games TL x AW Careers Programs

Alienware and Team Liquid are launching a series of programs. These are tournaments, internships, a chance to earn scholarships, and content that helps you learn about esports careers. We’ve designed them to make a space where all of us are welcome: TL.GG/GIG

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Team Liquid and Alienware Launch Good in Gaming, Mentorship Program and Tournament Series

Everyone deserves a chance to work in games. Alienware and Team Liquid are launching a series of programs. These are tournaments, mentorships, internships, a chance to earn scholarships, and content that helps you learn about esports careers. We’ve designed them to make a space where all of us are welcome:

//INTERNSHIP & MENTORSHIP

Two interns will receive four-month paid internships within Team Liquid that include onboarding, hands-on education, goal-setting, mentoring, and project work intended to add value to their resumes/work portfolios. Mentors give you real world connection. It’s personal. You’ll form a career development plan, speak to the right people and build real relationships.

In the internship program, students or entry level professionals will work with different departments and build a portfolio of experience jobs ask for. This program is designed to create a safe ecosystem where students from all backgrounds can expand their connections to the industry and prepare for the career they want.

//LIQUID MASTERY

This six-part video content series developed by Team Liquid’s 1UP Studios will profile masters across varying esports crafts to share wisdom and practical tips to those looking to embark on their own journeys. Alongside host Kelly Link, Team Liquid employees will guide viewers on an exploration into the business of esports in an educational and entertaining format.

//THE LEGACY PROJECT

This six-part mini-series follows Liquid players and leadership as they introduce their personal esports journeys and those who helped them along the way. As part of Legacy, talent will also donate Alienware hardware to their charity of choice. First up, Liquid co-CEO Steve Arhancet!

//ALIENWARE TOURNAMENT SERIES

Season 1 is for Fortnite players in BR, NA and EU. Games begin on June 10 and all skill levels can apply. Sign up through Discord and prepare to fight for the Championship. Participating in the games enters you for giveaways loaded with Alienware and Team Liquid gear. But there’s also eligibility to apply for the Good in Gaming Scholarship. Winners of the tournament have great prizes and get the Finals streamed live. Participating in the tournament also contributes to raising money for charity. Sign up at TL.GG/ATS.

//APPLY FOR A SCHOLARSHIP

We believe everyone deserves opportunities to enter esports and gaming. Alienware and Team Liquid are offering a scholarship to one applicant per region. You must compete in the tournament to apply for the scholarship. Your score has no impact on the application. Play at least one game and see the scholarship details for criteria and how to apply.

//ENTER GOOD IN GAMING

We hope there’s something for everyone to experience through these series of programs. Team Liquid and Alienware began their partnership in 2011 with the idea to do a better job in serving the community than they could do alone. In an effort to provide options, resources, space and organized solutions to our communities, Good in Gaming is here.

“Team Liquid is built on a long legacy in esports, and in our next two decades, we want to provide the opportunities and tools to all gamers to make legacies of their own. This is just the beginning of that mission, and we couldn’t be prouder to share it with our long-time partner Alienware.” –Mike Milanov, Team Liquid Chief Business Development Officer.

Source: https://www.teamliquid.com/news/2021/06/01/good-in-games-tl-x-aw-careers-programs

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White Hat Hacker Reveals High-Risk Vulnerability on SushiSwap

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A white-hat hacker recently took the DeFi sector by storm after allegedly speaking about high-risk vulnerabilities on SushiSwap. According to the anonymous hacker, the vulnerabilities can risk user funds worth billions of dollars.

SushiSwap developers could not secretly fix the issue, resulting in the information being shared with the public. The hacker stated that the motive of the reveal was educating existing and future SushiSwap users about the risks that come with such vulnerable contracts. Additionally, the white hat hacker pointed out how casually SushiSwap handled the matter being showcased to them.

The hacker allegedly noted two main vulnerabilities within the emergencyWithdraw function in two contracts; MiniChefV2 and MasterChefV2. The contracts monitor SushiSwap’s rewards farms and pools on sidechains like Polygon, Avalanche, the Binance Smart Chain, etc. 

An emergency withdrawal feature can be a security net prevalently used in DeFi protocols. It includes SushiSwap’s ETH smart contracts. The function helps users withdraw their LP tokes in an emergency, potentially even forfeiting the earned rewards.

Although both contracts possess the feature, the anonymous hacker claims it is misleading and does not function as intended. The comment by SushiSwap regarding the emergency withdrawal feature says that users should be able to get the funds without worrying about rewards. However, the feature fails if the SushiSwap pool does not have any rewards.

As per the report, the token rewards offered by SushiSwap to liquidity provider token holders are held in another account. At times, the rewards run dry and require manual filling via a multi-signature account, which apparently resides in different time zones. 

Thus, it allegedly takes signature holders around 10 hours to refill the rewards account. The report also claims that some rewards get empty several times every month.

During this period, liquidity providers on SushiSwap cannot collect rewards, unstake, stake, or even use the emergency withdrawal function. The lockup means user funds are essentially held hostage during the time, disallowing them to address any price movements in the staked liquidity provider tokens.

The hacker claims SushiSwap’s Discord team often encouraged users to use the emergency withdrawal feature. However, as the call would usually fail due to the vulnerability, token holders should wait until they are refilled. 

After discovering the vulnerability, the hacker claimed confidentiality, reaching SushiSwap and reporting the bug. The hacker was redirected to Immuefi (bug bounty platform), where SushiSwap lists its bug bounty program. 

With a 1.25 million dollars maximum bounty posted on the platform, hackers disclosing high-risk vulnerabilities can get up to 40,000 dollars. However, SushiSwap closed the issue without offering the bounty amount and not fixing the vulnerability either. 

The hacker stated that SushiSwap purposely added a vulnerability to lock up and cost token holders millions of dollars, while also refusing to fix it.

Source: https://www.cryptonewsz.com/white-hat-hacker-reveals-high-risk-vulnerability-on-sushiswap/

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Kim Kardashian shilling Ethereum Max was apparently a ‘successful’ crypto campaign

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Roughly one in five adults reported seeing something about Kim Kardashian’s Instagram post promoting the cryptocurrency Ethereum Max, according to data intelligence company Morning Consult.

Morning Consult’s poll, which was conducted among 2,200 US adults in the days following Kardashian’s post, revealed that the share was even higher among crypto owners, at 31%.

Crypto audience responds to celebrities

When asked how much they have seen, read or heard about Kardashian’s Instagram post encouraging her followers to join the Ethereum Max Community, roughly three in ten crypto owners confirmed knowing about the celebrity’s endorsement.

“Kim Kardashian’s Instagram post encouraging followers to join the Ethereum Max community, besides having a reach that would make most financial advisors drool, serves as the latest reminder that cryptocurrency’s audience is radically different from what financial services leaders are used to serving,” concluded financial services analyst Charlotte Principato, who examined the poll’s results.

Morning Consult revealed that after being told in the survey that the reality star endorsed Ethereum Max, trust in cryptocurrencies, in general, dropped roughly 5 points.

Although the analyst pointed out that such celebrity endorsements are not necessarily good for crypto in general, Kardashian’s conversion unraveled as being quite impressive, since 19% of respondents who said they heard about the post disclosed having invested in Ethereum Max as a result. 

Traditional financial advisors still have more sway

A staggering 45% of crypto owners turn to celebrities for crypto advice, the poll revealed, but despite the influencers’ grip on the investor sentiment, Principato pointed out that financial advisors still “have more sway.” 

The poll revealed that 81% of crypto owners would follow cryptocurrency investment recommendations from a traditional financial advisor.

“They’re more likely to go to more sources for investing information than general investors, specifically social media and from investment apps such as Robinhood or Betterment,” according to Morning Consult. 

“Investment leaders will need to remember that although financial advisors are still a trusted source of advice, they’re competing with more sources of information for crypto investors’ mindshare,” concluded the analyst.

Earlier this month, the Chair of the Financial Conduct Authority (FCA), Charles Randell, singled Kardashian out for her role in promoting Ethereum (ETH) knock-off. 

The UK regulator used her Instagram promotion as an example, while calling for regulatory reform that would address crypto misconduct and the celebrities’ role in promoting pump and dumps.

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Source: https://cryptoslate.com/kim-kardashian-shilling-ethereum-max-was-apparently-a-successful-crypto-campaign/

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Dubai World Trade Center Enters Into Pro-Crypto Agreement

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The Dubai World Trade Centre Authority (DWTCA) has signed a pro-crypto agreement with the UAE’s Securities and Commodities Authority (SCA). This would allow crypto asset trading and associated financial operations within the DWTCA’s free zone.

According to the Dubai World Trade Centre, the Securities and Commodities Authority (SCA) will take charge of the regulatory oversight for the issue, trading, and listing of digital assets within Dubai. The SCA will additionally regulate financial operations that fall within the jurisdiction of the DWTCA’s.

The agreement also permits the SCA to inspect businesses operating within DWTCA’s free zone and putting up a mechanism for the DWTCA to grant required permissions and licenses, permitting formal operations of crypto asset-related financial activities.

Helal Saeed Almarri, the Director of Dubai World Trade Centre Authority (DWTCA) and Dubai Department of Tourism and Commerce Marketing (DTCM), said that the agreement with the Securities and Commodities Authority will enable DWTCA to expand its regulatory, licensing, and services, and extend centralized crypto market oversight to their free zone. New technologies like NFTs are poised to play a key part in the future of commerce. Building on the Future Blockchain Summit, the DWTCA is looking for ways to provide a long-term home for this ecosystem to remain future-ready.

Dubai Authorities joining the long line of countries to support crypto

Governments are quickly recognizing the crypto industry’s scalability potential. While nations, including El Salvador, continue to adopt the Bitcoin Legal Tender despite public outcry, the Indian subcontinent is seeing government leaders show support for the crypto sphere.

Nirmala Sitharaman, India’s finance minister recently pointed out that the government’s cautious approach to crypto might be a mistake, and that they have to “make sure that the futuristic item can’t be blocked out.”

Source: https://www.cryptonewsz.com/dubai-world-trade-center-enters-into-pro-crypto-agreement/

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