Tag Archives: United States

Corelight closes $9.2M Series A to help enterprises battle ransomware

Its already been a year of multiple high profile ransomware attacksand now cybersecurity startup Corelight has bagged a $9.2 million Series A round, led by Accel Partners. Osage University Partners and Riverbed Technology Co-founder Dr Steve McCanne also participated in the round. Preventing ransomware is among the listed use-cases for the startups first product, the Corelight Sensor, which it describes as a flight data recorder for its target enterprise customers networks allowing them to quickly and easily go back in time to try to understand sophisticated cyber […]

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Early Bitcoin Investor Has Some Advice On How Much Money to Hold in Bitcoin

As bitcoin approaches yet another record, Union Square Ventures LLC’s Fred Wilson says investors should be careful how much of their portfolios are allocated to digital currencies. Wilson, who first invested in the sector in 2013, wants to set the record straight on exactly what percentage of someone’s investments should be tied to things like bitcoin. “I have about five percent of our net worth in crypto assets, across a number of vehicles; direct holdings, Union Square funds, token funds, etc.,” Wilson said in a blog post. […]

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Why Arbitrage Traders Are Salivating Over Bitcoin Futures

The proverbial free lunch is just sitting there in the hours-old bitcoin futures market. So why isn’t it being gobbled up? Cboe Global Markets Inc.’s new contracts were priced as much as 13 percent higher than bitcoin itself since trading began Sunday night, according to data compiled by Bloomberg. That should have arbitrage traders salivating, especially among market makers starving after their — already successful and hugely profitable — efforts to make other similar assets trade in lockstep. Pity the poor S&P 500 arb living off spreads […]

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NYC Brothel Customer? The Feds Now Have Your Number

Eleven Manhattan Korean ‘massage parlors’ that allegedly offered girls up for explicit sex acts were busted on Wednesday in a widespread sting.”> Depending on the neighborhood in Manhattan, a person could go to Fantasia on the Lower East Side, Asian Flower in Murray Hill, Rose House in Midtown or eight other massage parlors offering a premium-priced girlfriend experiencemeaning condom-less sex acts, priced at a premiumaccording to charges the feds unsealed Wednesday. And if your phone number was one of the 70,000 different ones that called any of […]

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Bitcoin Plunges 29% From Record High

Bitcoin plummeted, extending its drop to 29 percent from a record high, on speculation some traders were buying its offshoot amid a struggle over the digital currency’s future. Bitcoin dropped to as low as $5,605 on Monday, from a record high $7,882 reached on Wednesday, data compiled by Bloomberg show. Bitcoin cash rose to $2,426 on Sunday, before plunging to $1,379 as of 9:32 a.m. in Hong Kong, according to Coinmarketcap.com. Bitcoin has slumped since the cancellation of a technology upgrade to increase its block size, amid […]

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