Crypto, Crypto, Fintechs, Interview, Jobs, Jobs

Nethermind and Algorand crypto internships

Imagine being part of an industry where innovation is the norm and growth is unprecedented—Bitcoin, the first cryptocurrency, reached a market capitalization of over $1 trillion faster than any company or asset in history. This meteoric rise is just the beginning, and a future in crypto offers unparalleled opportunities to be at the forefront of technological and financial evolution. Whether you’re a developer, marketer, or researcher, diving into the crypto world now means you can shape the future, drive transformative change, and be part of a revolution that’s already making history.

Imagine being at the forefront of blockchain innovation, working with teams driving global adoption of groundbreaking technologies. That’s exactly what the internships at Nethermind and the Algorand Foundation offer.

These aren’t just opportunities to gain work experience—they are gateways to mastering cutting-edge technologies and gaining hands-on experience in rapidly evolving industries, including fintech jobs.

Nethermind Internship: A Gateway to Blockchain Mastery

Nethermind, a leading blockchain development firm, is on the lookout for bright minds to join their dynamic team and contribute to groundbreaking projects in the Ethereum ecosystem. Here’s an in-depth look at what this internship entails and why it’s an excellent stepping stone for aspiring blockchain professionals seeking fintech jobs.

What is Nethermind?

Nethermind is renowned for its work in developing high-performance Ethereum clients, contributing to the Ethereum ecosystem, and providing blockchain consulting services. Their focus on innovation and excellence has positioned them as a key player in the blockchain space. As an intern at Nethermind, you’ll be at the forefront of blockchain technology, working on projects that have a real impact on the industry and pave the way for fintech jobs.

What the Internship Offers?

Nethermind’s internship is designed to provide you with a holistic understanding of blockchain technology and its applications. You’ll gain hands-on experience with a variety of tools and concepts, including:

  • Solidity and Cairo: Dive into smart contract development using Solidity, the programming language for Ethereum, and Cairo for zk-rollups.
  • Truffle and Hardhat: Learn to use popular Ethereum development frameworks to build and test decentralized applications (dApps).
  • Decentralized Finance (DeFi): Explore DeFi protocols and products, such as automated market makers (AMMs) and derivatives.
  • Software Development Lifecycle (SDLC): Understand the full lifecycle of software development, from initial design to deployment and maintenance.
  • Agile Methodology: Work in an agile environment, participating in sprints and stand-up meetings to ensure continuous progress and collaboration.

Mentorship and Guidance

One of the standout features of Nethermind’s internship is the mentorship you’ll receive. Each intern is paired with a mentor who provides guidance, support, and feedback throughout the internship. This mentorship is invaluable as it helps bridge the gap between academic knowledge and practical application, especially for those looking to pursue fintech jobs.

Flexible and Remote Work Environment

Nethermind operates as a remote-first organization, meaning you can work from anywhere in the world. This flexibility allows you to balance your internship with other commitments and ensures you can work in an environment that suits you best. The only requirement is that you dedicate a minimum of 20 hours per week to the internship. This setup is ideal for those interested in fintech jobs, as it provides the freedom to manage your schedule effectively.

Who Can Apply?

Nethermind is looking for students and recent graduates with a strong background in software engineering, computer science, mathematics, or related fields. While prior experience with blockchain technology and fintech jobs is beneficial, it’s not a strict requirement. What they value most is a passion for blockchain and a hunger to learn and contribute, particularly in roles that can lead to fintech jobs.

Preferred Skills and Knowledge

It is not required but having knowledge in the following areas can give you an edge:

  • Ethereum and DeFi: Familiarity with Ethereum blockchain and decentralized finance protocols.
  • Cryptography and Algorithms: Understanding cryptographic principles and algorithms.
  • Stochastic Calculus and Derivatives Pricing: Knowledge in financial mathematics and derivatives.
  • Automated Market Makers (AMMs): Understanding the functioning and design of AMMs.

Compensation and Duration

The best part is that Nethermind’s internships are paid. Interns are compensated either according to their country’s national minimum wage or $6.25 per hour, whichever is greater. The duration of the internship is flexible, typically ranging from 1 to 3 months, depending on your availability and preferences.

Application Process

Applying for the Nethermind internship is straightforward. Once you submit your application through their website, their team will go through it within 15 days. If your skills and experience match with their requirements, you’ll be contacted for an initial screening interview, followed by a more in-depth interview with the role’s supervisor.

Why Choose Nethermind?

Choosing an internship at Nethermind means choosing to be part of a forward-thinking company that is at the cutting edge of blockchain technology. You’ll gain practical experience, work on real-world projects, and learn from some of the best minds in the industry. Whether you’re looking to build a career in blockchain or fintech jobs, or simply want to expand your knowledge, Nethermind provides the perfect platform to achieve your goals, including opportunities that align with fintech jobs.

For more information and to apply, visit the Nethermind Internship page.

Algorand Foundation Internship: A Launchpad for Future Blockchain Leaders

Anyone who follows crypto industry knows that Algorand started from scratch a few years ago and today they have made a name for themselves in the industry. Algorand is at the forefront of blockchain innovation, driving forward the development and adoption of the Algorand blockchain. Their internship program is an incredible opportunity for students and recent graduates to immerse themselves in this cutting-edge technology and gain invaluable experience, including potential fintech jobs.

Here’s a detailed look at what the Algorand Foundation’s internship program offers.

What is Algorand Foundation?

Algorand Foundation is dedicated to advancing the Algorand blockchain(their own blockchain), a scalable and secure public blockchain that supports a wide range of applications. The foundation’s mission is to promote the global adoption of the Algorand blockchain and to build a sustainable and inclusive ecosystem, fostering opportunities for fintech jobs.

Internship Program Overview

The Algorand Foundation’s internship program is designed to nurture the next generation of blockchain talent. It offers a comprehensive and rewarding experience for interns, providing them with the skills and knowledge needed to succeed in the blockchain industry.

This is a summer internship program and the application window opens in spring. This means that this year’s window has closed but you can always mark this one down in your calendar for the next year.

Key Features of the Internship

Diverse Opportunities

The program offers internships in various fields, including development, marketing, community engagement, and more. This diversity allows interns to explore different aspects of the blockchain ecosystem and find their niche.

Mentorship and Guidance

Interns are paired with mentors from the foundation’s leadership team. These mentors provide guidance, support, and valuable insights, helping interns navigate their projects and career paths effectively.

Educational Programming

The program includes educational sessions that cover a wide range of topics related to blockchain technology, the Algorand ecosystem, and professional development. These sessions are designed to enhance the interns’ knowledge and skills.

Global Experience

While some roles require on-site presence in select Algorand Foundation offices, many internships are remote, allowing students from around the world to participate. This global approach enriches the learning experience by bringing together diverse perspectives.

Flexible Working Hours

The internship program offers flexible working hours, allowing interns to balance their work with academic commitments. There is a requirement of a minimum of 30 hours per week, that needs to be completed.

Who Can Apply?

Algorand`s internship program targets undergraduate and graduate students, as well as recent graduates who have finished their university education in the last 18 months. The foundation seeks bright, enthusiastic individuals who are eager to learn and contribute to the blockchain ecosystem, with a strong interest in fintech jobs.

Preferred Qualifications

The program offers roles in both technical and non-technical fields. While technical roles may require knowledge of programming and blockchain concepts, non-technical roles are open to students from diverse academic backgrounds.

A strong interest in blockchain technology and its applications is essential. The foundation values candidates who are passionate about driving innovation in the blockchain space.

Application Process

Applying for the Algorand Foundation internship is straightforward. Interested candidates can visit the Algorand Foundation jobs page to learn about open roles and submit their applications.

  1. Application Submission: Submit your application through the foundation’s website. Ensure your resume highlights relevant skills and experiences.
  2. Initial Screening: If your application is shortlisted, you’ll be contacted for an initial phone screening with a recruiter. This step assesses your suitability for the role and your interest in the blockchain industry.
  3. In-Depth Interview: Successful candidates from the screening round will proceed to an in-depth interview with the role’s supervisor. This interview delves into your technical skills, problem-solving abilities, and fit for the team.

Internship Benefits

  1. Paid Internship
  • Interns at the Algorand Foundation are compensated based on local market practices. This ensures that the program is accessible to students from diverse economic backgrounds.
  1. Career Development
  • The program is designed to help interns achieve their career goals. Through mentorship, educational programming, and hands-on experience, interns develop the skills and knowledge needed to excel in the blockchain industry.
  1. Networking Opportunities
  • Interns have the chance to connect with industry professionals, fellow interns, and the broader Algorand community.

For more information and to apply, visit the Algorand Foundation Internship page.

Which crypto internship should I go for?

To help you better understand the unique opportunities provided by the Nethermind and Algorand Foundation internship programs, we’ve created a detailed comparison table. This table highlights key aspects such as program duration, compensation, focus areas, and more, allowing you to easily compare and decide which internship aligns best with your career goals, especially if you’re looking to enter the blockchain or fintech jobs sectors.

 

FeatureNethermind Internship ProgramAlgorand Foundation Internship Program
DurationFlexible, typically 1-3 months10-12 weeks during the summer
CompensationPaid, minimum wage or $6.25 per hour, potentially in cryptocurrency depending on the countryPaid, based on local market practices
LocationFully remoteMix of remote and on-site (depending on the role)
Application TimelineOpen all year round, apply anytimeSummer internships, application process starts in spring
Key Focus AreasBlockchain Core Engineering, Cryptography Research, DeFi Research, Security, L2 ToolingDevelopment, Marketing, Community Engagement, Education, and more
Technologies and ToolsEthereum, Solidity, Cairo, TypeScript, formal verification, real-time monitoringAlgorand blockchain, related development tools
MentorshipYes, with dedicated mentorsYes, paired with mentors from the leadership team
Work EnvironmentFlexible hours, remote-first organizationFlexible hours, remote or on-site depending on role
Learning and DevelopmentHands-on projects, real-time monitoring solutions, formal verification, ZK proofsEducational programming, hands-on projects, mentoring sessions
Team and CollaborationWork with a global team of 350+ professionals across 66+ countriesOpportunities to work with various teams within the Algorand Foundation
Professional GrowthExposure to industry leaders, potential to contribute to core Ethereum and Starknet projectsNetworking opportunities, skill development, potential full-time offers
EligibilityStudents and recent graduates with a strong technical backgroundUndergraduate and graduate students, recent graduates (within 18 months)

 

Conclusion

Both the Nethermind and Algorand Foundation internships offer unparalleled opportunities to dive into the world of blockchain technology and fintech jobs. Whether you’re drawn to the hands-on technical projects at Nethermind or the innovative blockchain solutions at Algorand, each crypto internship provides a unique platform to grow your skills and make a significant impact in the industry. Choose the one that best aligns with your career aspirations and take the first step toward an exciting future in blockchain, fintech, and crypto internships.

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Deepfake Fraud Doubles Down: 49% of Businesses Now Hit by Audio and Video Scams, Regula’s Survey Reveals

2024-09-30T11:00:00Z

RESTON, Va., Sept. 30, 2024 (GLOBE NEWSWIRE) -- In 2024, every second business globally reported incidents of deepfake fraud, revealing a growing trend in AI-related crimes over the past two years. Meanwhile, fraud involving fake or modified documents now outpaces AI-generated scams. These are the first findings from a new survey* “The Deepfake Trends 2024” commissioned by Regula, a global developer of forensic devices and identity verification solutions.

Regula’s survey data shows a significant rise in the prevalence of video deepfakes, with a 20% increase in companies reporting incidents compared to 2022**. While 29% of fraud decision-makers across Australia, France, Germany, Mexico, Turkey, UAE, UK, and the USA reported encountering video deepfake fraud in 2022, this year’s data — covering the USA, UAE, Mexico, Singapore, and Germany — shows this figure has surged to 49%. This sharp increase across the revised cohort underscores the growing challenge of video deepfakes and their continued threat to businesses.
Audio deepfakes are also on the rise, with a 12% increase compared to 2022 survey data.

Identity fraud tactics

Capture: The 12% rise in audio deepfake incidents and the 20% rise in video deepfake incidents from 2022 to 2024 highlight the need for enhanced detection and prevention measures.

The survey also reveals industrial and regional differences regarding companies’ experience with deepfake threats. For example, audio deepfakes prevail over video ones among the three of the surveyed sectors, including Financial Services (51%), Aviation (52%), and Crypto (55%). At the same time, Law Enforcement (56%), Technology (57%) and FinTech (57%) are reporting more face video scams.

The UAE and Singapore show higher susceptibility to deepfake fraud, with 56% of businesses in the UAE experiencing video deepfakes and 56% of businesses in Singapore encountering audio deepfakes. This is above the global average. In contrast, Mexico reported the lowest impact, with only 35% and 38% of businesses encountering video and audio deepfakes, respectively.

Old threats still persist

While video deepfakes are seeing the biggest jump over the two-year period (+20%), all other identity-related fraud has also grown, and some of its forms are more common than AI-generated scams.

As Regula’s survey shows, 58% of businesses globally have experienced identity fraud in the form of fake or modified documents. This happens to be the top identity fraud method for Mexico (70%), the UAE (66%), the US (59%), and Germany (59%). This implies that not only do businesses have to adapt their verification methods to deal with new threats, but they also are forced to combat old threats that continue to pose a significant challenge.

Interestingly, in a country more exposed to deepfakes, Singapore, this “traditional” threat is much lower than in the world at large: only 43% of businesses there reported having dealt with fake or tampered IDs.

“Our latest survey demonstrates that AI-generated identity fraud has become an everyday reality. The surge in deepfake incidents over the two-year period of our survey leaves businesses no choice but to adapt and rethink their current verification practices. Deepfakes are becoming increasingly sophisticated, and traditional methods are no longer enough. What we think may work well is the liveness-centric approach, a robust procedure that involves checking the physical characteristics of both individuals and their documents; in other words, verifying biometrics and ID hardcopies in real-time interactions. This is what we adhere to in our R&D and what we recommend that our customers do to protect themselves,” says Ihar Kliashchou, Chief Technology Officer at Regula.

Stay tuned for further insights as we continue to analyze and release more data on deepfake fraud. We’ll provide key updates to keep you informed and prepared for emerging threats.

Additional resources:

*The research was initiated by Regula and conducted by Sapio Research in August 2024 using an online survey of 575 business decision-makers across the Financial Services (including Traditional Banking and FinTech), Crypto, Technology, Telecommunications, Aviation, Healthcare, and Law Enforcement sectors. The respondent geography included Germany, Mexico, the UAE, the US, and Singapore.

**After aligning the 2024 survey data with the 2022 cohort for a direct comparison, it reveals that 49% of companies experienced both audio and video deepfakes, up from 37% and 29%, respectively, in 2022. However, the unadjusted 2024 survey — which includes a larger sample size and new regions such as Singapore, in place of countries like Australia and Turkey — indicates that 50% of companies were affected by both types of deepfakes.

About Regula

Regula is a global developer of forensic devices and identity verification solutions. With our 30+ years of experience in forensic research and the most comprehensive library of document templates in the world, we create breakthrough technologies for document and biometric verification. Our hardware and software solutions allow over 1,000 organizations and 80 border control authorities globally to provide top-notch client service without compromising safety, security, or speed. Regula has been repeatedly named a Representative Vendor in the Gartner® Market Guide for Identity Verification.

Learn more at www.regulaforensics.com.

Contact:
Kristina – [email protected]

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/59658107-89ca-4806-956c-853e8dfaad3e


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