Techmeme
December 11, 2017, 11:10 AM

Top News

Wall Street Journal:
US bitcoin futures start trading on CBOE, a week ahead of futures rollout at rival CME Group; bitcoin's price climbed ~8% in first seven minutes of trading  —  Exchange provider's website experienced outages from heavy traffic  —  The first bitcoin futures started trading Sunday …
Adrianne Jeffries / The Outline:
The current Bitcoin economy has mainly replicated core aspects of a centralized finance industry instead of giving rise to a true p2p financial system  —  The cryptocurrency was supposed to replace the finance industry.  Instead, it has replicated it.
Olga Kharif / Bloomberg:
Experts estimate that about 1,000 users, known as “whales”, control 40% of bitcoins, raising concerns whales may collude to manipulate cryptocurrency markets  —  A few massive investors can rock it with a shrug.  —  On Nov. 12, someone moved almost 25,000 bitcoins …
TechCrunch:
An unofficial, knockoff version of the MyEtherWallet digital wallet app became the third most popular in the paid finance category in the iOS App Store  —  Dec 11, 2017, 8:11 amDec 11, 2017, 2:58 pm  —  An app masquerading as MyEtherWallet.com, one of the internet's most popular services …
Ingrid Lunden / TechCrunch:
Facebook appears to have quietly killed its Ticker feature, which displayed a real-time feed of friends' activity  —  As Facebook continues to tinker with its layout and services to spur more interactions and engagement, it seems that not even the most well-known or oldest features are spared.
Paul Sawers / VentureBeat:
Menlo Security, which blocks malware using its cloud-based isolation platform, raises $40M Series C  —  Cybersecurity startup Menlo Security has closed a $40 million series C round of funding from American Express Ventures, Ericsson Ventures, HSBC, JPMorgan Chase, General Catalyst …
Mike Masnick / Techdirt:

Sponsor Posts

Microsoft:
Showcasing Industrial IoT innovations at Hannover Messe 2018  —  This week at the world's largest industrial fair, customers and partners display how they're betting on Microsoft, from cloud to edge devices.
eero:
eero: your first line of defense against security breaches.  —  Thanks to our automatic and regular software updates as well as a number of other security measures built into our devices and software …
Internet Association:
The True Size Of The Online Labor Force  —  Internet Association released a groundbreaking analysis that finds the online labor market is comprised of 23.9 million income positions - a number that far exceeds …
Zoho:
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Ryan Whitwam / Android Police: