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Big banks are launching a blockchain trade platform powered by ‘Bitcoin-like’ token

Jun03
by on June 3, 2019 at 10:22 am
Posted In: Around the Web, blockchain, cryptocurrency, Hard Fork


The banking industry is hell-bent on taking over the nascent blockchain and cryptocurrency market. A group of financial firms led by UBS Group AG is eyeing blockchain technology for settling cross-border trades worldwide with its own “Bitcoin-like” token. The 14 firms – including Barclays, Nasdaq, Credit Suisse Group, Banco Santander, ING, and Lloyds Banking Group – have registered a new entity to control the devleopment of the token, dubbed ‘utility settlement coin’ (or USC for short), The Wall Street Journal reports. The financial giants have poured over $60 million into the new company, called Fnality International. The token, which has…

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Want a US visa? Fork over your social media details first

Jun03
by on June 3, 2019 at 9:45 am
Posted In: Around the Web, world


Trump administration’s latest move to vet people during the visa process is to ask for their emails and social media handles. And according to a report by Hill.TV, if you lie about your accounts, you can face “serious immigration consequences.” As an applicant, you can choose to not declare that you don’t use social media, but the authorities will perform a check to see if you’re lying. Last March, the state department had originally proposed the idea of collecting social media handles, email addresses used in the last five years, and phone numbers. This new policy came under effect starting last week.…

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Moonday Mornings: Bitcoin flash-crashed to $75, SIM-swapping on the rise, and more

Jun03
by on June 3, 2019 at 8:30 am
Posted In: Around the Web, blockchain, cryptocurrency, Hard Fork


It’s time for another edition of Moonday Mornings! If you’re new around here, this is Hard Fork’s wrap-up of the weekend’s top cryptocurrency and blockchain headlines that you shouldn’t miss. Let’s get to it. 1. For about five minutes over the weekend, the Bitcoin and Canadian dollars trading pair flash-crashed down from around CAD$11,000 ($8,000) to CAD$101 ($75) per Bitcoin on the cryptocurrency exchange Kraken, according to a Twitter user. Some Redditors spotted that one user sold 1,155 BTC for CAD$101 each, bad times. Kraken is yet to comment on the incident. 2. Over the weekend, numerous members of the…

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How to watch Apple’s WWDC 2019 keynote live

Jun03
by on June 3, 2019 at 8:29 am
Posted In: Around the Web


At Apple’s Worldwide Developer Conference (WWDC) 2019 today, the company is slated to announce a bunch of product updates during the keynote at the start of the event. That includes new stuff in iOS and macOS, as well as some major features for the iPad – and perhaps even the death of iTunes. Want to catch it all live? Here’s how to tune in today as the event kicks off at 10AM PDT / 1PM EDT / 7PM CEST / 10:30PM IST. Fire up Safari on your Mac (macOS Sierra 10.12 or later), or Edge on your Windows 10 PC,…

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Lady Bits #4: Jumpsuits, broflakes, and the #SexStrike

Jun03
by on June 3, 2019 at 7:55 am
Posted In: Around the Web, newsletter


Welcome back to Lady Bits, our feminist newsletter that makes everyone mad <3 Let’s face it, the tech industry can be bro-y as hell. So, we’ve made this special game of Bingo for you to play at your workplace — if you have to deal with sexism, you might as well try to make it fun, right? We hope you, er, don’t win… but if you do, tweet us using #LadyBits and you win the burden of being a woman in tech and our attention! the bloody news According to The Atlantic, even breadwinning wives don’t get equality at home.  Jessica Valenti wrote about how…

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