a couple of laughzillas on a blue diamond background

Goldman Sachs launches Bitcoin derivatives – but only for a special few

Oct31
by on October 31, 2018 at 1:29 pm
Posted In: Around the Web, blockchain, cryptocurrency, Hard Fork


According to a direct source, investment banking Goliath Goldman Sachs is launching Bitcoin derivatives, reports The Block. It has been confirmed that Goldman Sachs has been signing up a few select clients to its “Bitcoin non-deliverable forward contracts.” That’s fancy banker speak for a type of derivative. For the uninitiated, a derivative is a financial security, the value of which is derived from an underlying asset. Typically, derivatives are a type of futures contract between two parties to sell an asset once it reaches an agreed price. Unlike a futures contract though, derivatives are not traded on an exchange. Imagine…

This story continues at The Next Web

Or just read more coverage about: Bitcoin

└ Tags: 
a couple of laughzillas on a blue diamond background

Trendy challenger bank Monzo is Britain’s latest unicorn startup

Oct31
by on October 31, 2018 at 1:16 pm
Posted In: Around the Web


Banking startup Monzo became the latest UK firm to reach coveted unicorn status after a secured a £85 million funding round, giving it a valuation of £1 billion (or $1.3 billion). We’re excited to announce that we’ve closed a new round of funding! 🎉https://t.co/n27ZoN7KW5 — Monzo (@monzo) October 31, 2018 In total, the company has raised almost £192 million from a swathe of top-tier investors, including Stripe, Accel Ventures, and General Catalyst. Most notably, the company has also relied on equity crowdfunding in the past and reportedly plans to raise a further £20 million from ordinary retail investors later this…

This story continues at The Next Web

└ Tags: ,
a couple of laughzillas on a blue diamond background

India’s porn ban is ridiculously easy to get around (thank God)

Oct31
by on October 31, 2018 at 1:12 pm
Posted In: Around the Web, India


Last week, the Indian government asked telcos to ban 827 porn websites, and judging by what users are reporting it seems they’re actually putting the ban into effect. However, Indians aren’t giving up and users are finding easy ways to circumvent the major porn block. While some users are finding alternative links, others are using Virtual Private Networks (VPNs) or proxy services like ‘hide.me’ to access these sites. There are even specific browsers like UC browser, where the banned sites are working. Interestingly, Pornhub launched its own VPN back in May— which is truly helpful in these trying times. Meanwhile, TorrentFreak…

This story continues at The Next Web

└ Tags: 
a couple of laughzillas on a blue diamond background

Review: Amazon’s new 4K Stick is the Fire TV you want

Oct31
by on October 31, 2018 at 1:06 pm
Posted In: Around the Web, Plugged


A team of evil scientists working inside Amazon’s secret hardware lair are preparing a spooky Halloween trick: they’re going to start selling a 4K Fire TV stick with more features than last year’s 4K Fire TV, for $10 cheaper. That isn’t very spooky at all, now that I think about it. In fact, having reviewed several of Amazon’s Fire TV gadgets, I feel it’s almost a no-brainer to say this is actually a treat. But, since technology can be ghoulish and Amazon seems to put out a new device every couple of months, I summoned one of the new 4K…

This story continues at The Next Web

Or just read more coverage about: Amazon

└ Tags: 
a couple of laughzillas on a blue diamond background

Hackers launch cunning affiliate scheme to incentivize Bitcoin ransomware

Oct31
by on October 31, 2018 at 1:00 pm
Posted In: Around the Web, blockchain, cryptocurrency, Hard Fork


Researchers have unearthed a new cryptocurrency ransomware scheme that implicates a group of Russian-speaking hackers into stealing large sums of Bitcoin from unsuspecting victims – and laundering the stolen funds on an obscure cryptocurrency gambling site. The cunning scheme, dubbed Kraken Cryptor (not to be mistaken with popular exchange desk Kraken), was discovered by security experts from Inskit Group and McAfee. The malicious service was first spotted in the wild in August 2018, but it got the attention of experts after it disguised as legitimate antivirus software and distributed from the compromised website of SuperAntiSpyware. Kraken Cryptor has also previously…

This story continues at The Next Web

Or just read more coverage about: Bitcoin

└ Tags: