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Porn-oriented cryptocurrency SpankChain skips security audit, gets hacked

Oct09
by on October 9, 2018 at 2:58 pm
Posted In: Apps, Around the Web, blockchain, Hard Fork


Another day, another cryptocurrency hack. Notorious blockchain startup SpankChain has temporarily taken down its adult streaming platform after attackers exploited its smart contracts to steal $38,000 worth of Ethereum. The company, which aims to provide a cryptocurrency payment protocol for the adult industry, confirmed the hack on its official blog. SpankChain further said it expects its streaming platform will remain offline for the next couple of days (and possibly more), until all security flaws have been sorted. The worst part is that it appears a chunk of the stolen funds belonged to SpankChain users. The company has since vowed it…

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Over 100 courses that can teach you to become a project manager for under $20

Oct09
by on October 9, 2018 at 2:00 pm
Posted In: Around the Web, Offers


With over 100 courses available as part of the massive Ultimate Project Management All-in-One Bundle, we’ll find just the right tools and training for getting a project done by any approach that works for you. And the courses come out to less than 20 cents each with the current heavily discounted price of just $19 from TNW Deals.

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EU securities watchdog plans on examining every single ICO individually — Good luck

Oct09
by on October 9, 2018 at 1:20 pm
Posted In: Around the Web, blockchain, cryptocurrency, Hard Fork


The European Securities and Markets Authority (ESMA) is taking a leaf out of the US’ playbook, and will examine every single initial coin offering (ICO) to decide appropriate regulation. ESMA Chairman, Steven Maijoor, said he is examining how ICOs fit into existing regulatory frameworks, Reuters reports. “Some of these ICOs are like a financial instrument. Once it is a financial instrument it comes under a whole regulatory framework,” Maijoor said. “The subsequent question is what do we do with those ICOs that are outside the regulatory world. We will assess that as a board. We expect to report by the…

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Wunderlist’s founders just raised $19M to build an online presentation tool

Oct09
by on October 9, 2018 at 1:00 pm
Posted In: Apps, Around the Web


The founding team behind Wunderlist, the productivity app acquired by Microsoft in 2015, today announced they’ve raised $19 million to bring their next project to life: Pitch.com. The idea behind Pitch is attractive to anyone frustrated with the limits of existing presentation software. At its heart, it’s a bit like Powerpoint or Prezzi, but it places a strong emphasis on embedding online-specific content, like tweets and videos. Pitch also places a lot of focus on cross-platform support. Like Slack and Visual Studio Code, Pitch is built with open web technologies and will be available as an Electron app for offline…

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Bitcoin miners hit $4.7B in revenue this year, but its becoming unprofitable

Oct09
by on October 9, 2018 at 12:33 pm
Posted In: Around the Web, cryptocurrency, Hard Fork


Bitcoin miners have raised over $4.7 billion in revenue so far this year, but rising electricity prices have rendered cryptocurrency mining almost completely unprofitable, even for the world’s biggest pools. Blockchain research unit Diar has published data mapping the profitability of mining Bitcoin. For the first time, it appears small-time cryptocurrency mining operations, who pay retail rates, are no longer profitable. Bitcoin miners currently earn 54,000 BTC ($355 million) every month for processing transactions by mining blocks. They are also paid by users in the form of transaction fees. A sustainably high hash rate and increase adoption has meant Bitcoin mining…

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