Duncan Riley

Duncan Riley is a senior writer at SiliconANGLE covering Startups, Bitcoin, and the Internet of Things. Duncan is a co-founder of VC funded media company B5Media and founder of news site The Inquisitr, and was a senior writer at TechCrunch in its earlier days. Tips? Press releases? Intersting startup? email: duncan@nichenet.com.au or contact Duncan on Twitter @duncanriley

Latest from Duncan Riley

Former CIA engineer convicted in theft of secret hacking tools and documents

A former U.S. Central Intelligence Agency programmer has been found guilty in the theft of secret hacking tools and documents in 2016 that were later published by Wikileaks. Joshua Schulte was arrested in 2017 after Wikileaks started publishing the stolen material and first faced trial in 2020 over the theft. A jury in that case failed to ...

Japanese video game publisher Bandai Namco targeted in ransomware attack

Japanese video game publisher Bandai Namco Holdings Inc. has been targeted in a cyberattack that may have resulted in data theft. The company, which publishes games such as “Pac-Man,” “Dragon Ball” and “Elden Ring,” is officially describing the attack as unauthorized access by a third party to internal systems of group companies in Asian regions ...

DHS review board declares Log4j an ‘endemic vulnerability’

The first report from the U.S. Department of Homeland Security’s Cyber Safety Review Board today declared Log4j an “endemic vulnerability.” Log4Shell first emerged in December and actively targeted vulnerabilities found in Apache Log4j, open-source software used by numerous companies. The initial vulnerabilities, including subsequent others, allow hackers to access affected systems. The vulnerabilities were targeted by run-of-the-mill criminal hackers and ...

OpenSea lays off 20% of staff amid ‘crypto winter and broad economic instability’

Nonfungible token marketplace OpenSea has laid off around 20% of its staff amid ongoing turmoil in cryptocurrency and broader markets. OpenSea co-founder and Chief Executive Officer Devin Finzer revealed the news today on Twitter and also shared a letter he had sent to staff. The letter states that the decision to lay off staff was an ...

PitchBook: Despite economic issues, venture capital activity remains strong

Venture capital activity in the first half of 2022 has remained strong despite ongoing economic issues, according to the latest quarterly report released early Thursday by PitchBook-NVCA Venture Monitor. Reflecting numbers reported in its first look report last week, PitchBook-NVCA noted that while the number of deals continued to thrive, the value of deals has dropped. ...

Automated services quoting solution startup Provus raises $12M

Automated services quoting solution startup Provus Inc. said today it has raised $12 million in new funding to strengthen its product and engineering teams and scale up its sales and marketing functions. Norwest Venture Partners led the Series A round, with Accel Partners, Storm Ventures and Firebolt Ventures also participating. Including the new funding, Provus has raised ...

Celsius to file for bankruptcy amid claims that it’s ‘deeply insolvent’

Troubled cryptocurrency lending platform Celsius Network LLC said today that it’s preparing to file for Chapter 11 bankruptcy after being labeled “deeply insolvent” by Vermont’s Department of Financial Regulation. The decision by Celsius to file for bankruptcy came on the same day that Vermont’s regulator announced that it had launched an investigation into whether the company violated ...

Microsoft tapped to provide advertising on ad-supported Netflix tier

Neflix Inc. said today it has signed a deal with Microsoft Corp. that will provide the streaming giant with technology and sales support for an advertising-supported tier expected to be released later this year. Netflix first said that it was looking at introducing a cheaper streaming tier with advertising in April. The announcement came after ...

CyberArk Secrets Hub offers simple, secure access to secrets on AWS

Information security company CyberArk Software Ltd. today announced a new security product for Amazon Web Services Inc., along with a range of enhancements for its existing product suite. The new product, CyberArk Secrets Hub, is designed to provide developers with a simple, secure and consistent way to access secrets on AWS using AWS Secrets Manager. The service allows ...

Phone scam variant uses QuickBooks to trick victims into handing over details

Researchers at INKY Technology Corp. today detailed a new phone scam variant that uses QuickBooks to trick victims into handing over personal information. The scam involves scammers setting up free 30-day trial QuickBook accounts to send invoices to potential victims. The scammers send invoices claiming that the victims had purchased an item and their credit cards ...