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  • Barton LLP, Senior Associate, Corporate Transactions, Technology Transactions 
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The Most Important Bitcoin News of the Week: SEC Statement

Today when reading the morning headlines, I noticed the following three articles, all expressing skepticism about the current state of bitcoin growth - all from sources that have been typically fairly 'pro' bitcoin:

Wired: BitCoin is Soaring - Here is Why It's Not Ready for the Big Time 

Ars Technica: I used to be a bitcoin bull—here’s why that changed

Preethi Kasireddy: Fundamental challenges with public blockchains

These all discuss a number of technical challenges to BitCoin and are all very well written and worth the read. However, not one of them mentions the single biggest thing to happen in BitCoin news this quarter, which is the statement from SEC Chairman Jay Clayton released as of this Monday, December 11, 2017, entitled:

Statement on Cryptocurrencies and Initial Coin Offerings

A few choice tidbits:

Tokens and offerings that incorporate features and marketing efforts that emphasize the potential for profits based on the entrepreneurial or managerial efforts of others …
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Why Stack Overflow Doesn’t Care About Ad Blockers – Stack Overflow Blog – A destination for all things related to development at Stack Overflow

As an interesting follow-on to Wired's article earlier today, see the this post by StackOverflow regarding its advertising policy:

But really: anything that doesn’t speak specifically to the Stack Overflow audience is not permitted. We also don’t accept rich media like animated ads, expandable ads, or video, which are the norm for most publishers today. This strict policy means we leave money on the table, but our team wants to protect Stack Overflow from those kinds of ads, as they run the risk of alienating that established trust.For those of you that don't know, StackOverflow is a forum where users go to post software development / programming questions and answers. It is one of the single most valuable resources available to any developer out there - I have used it more times than I care to count. To put it mildly, they have very high street cred, and this policy seems totally consistent with that reputation.



Well done, StackOverflow.
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“Huge” number of Mac apps vulnerable to hijacking, and a fix is elusive | Ars Technica

“Huge” number of Mac apps vulnerable to hijacking, and a fix is elusive | Ars Technica: Fellow researcher Simone Margaritelli has developed a technique that streamlines the attack by allowing it to work with the Metasploit exploit framework. He showed how he could exploit the vulnerability on a fully patched Mac running the latest version of the VLC Media Player. VLC developers released an update three days ago that patches the vulnerability so that the attack no longer works against the latest version.Patch your VLC, people:



http://www.videolan.org/vlc/download-macosx.html
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